AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.031%

Price spread now: Kalshi against BingX+0.035%7-day average −0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$430.433% of the position

Long on BingX Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.193%−$19 on $10k

Price spread, last 7 days+0.026%+$3 · spread now +0.035%, 7d avg −0.041%

Together, before fees−0.167%−$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kalshi is 0.077% dearer against BingX than usual: you sell high and buy low (spread +0.035% now, against its 7-day average of −0.041%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AAVE-USDT	141.64	0.0100	pay 0.0100% / 8h	4h 49m	—	$44.0M	—
Short	Kalshi KXAAVEPERP	141.69	0	get 0.0000% / 8h	49m 10s	$53K	$1.5M	3.4x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee KalshibpOrdersPrice spread, now +0.035%Rate

Funding earned: −$21
Price spread: +0.035% → −0.041%: $7.66
Slippage, 4 orders: −$23.3
Fee BingX: 5 bp × 2 orders: −$10
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$56.65
Costs to cover: 0.433%
Break-even: never at this rate

Slippage from BingX: live order book, 5 min ago; Kalshi: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BingX live order book, 5 min ago	0.35 bp	5.4 bp −$5	7.3 bp −$73	16.4 bp −$1,640	44.6 bp −$22.3K
Sell Kalshi live order book, 4 min ago	8.07 bp	16.5 bp −$17	22.2 bp −$222	doesn't fit	doesn't fit

AAVE on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange AAVEUSD	−0.0160%	1h	141.83	+0.134%	$10K	$2K	5x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0103%	1h	141.70	+0.042%	$223K	$396K	50x	as long as short
SoDEX AAVE-USD	−0.0082%	1h	141.58	−0.042%	$5K	$298K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	142.07	+0.307%	$101K	$4K	10x	as long as short
Kalshi KXAAVEPERPshort	0.0000%	8h	141.69	+0.035%	$53K	$1.5M	3.4x
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	141.67	+0.022%	$79K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.304%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	141.84	+0.143%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0046%	8h	141.69	+0.035%	$18K	$10K	10x	as long as short
Phoenix AAVE	+0.0056%	1h	142.03	+0.275%	$4K	$102K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado AAVE-PERP	+0.0066%	1h	141.97	+0.237%	$832K	$438K	10x	as long as short
Lighter AAVE	+0.0096%	1h	141.63	−0.008%	$4.5M	$1.8M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	142.01	+0.265%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	141.74	+0.071%	$76.5M	$35.2M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	141.83	+0.137%	$1.2M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	141.99	+0.248%	$323K	$433K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	141.65	+0.007%	$63.5M	$184.7M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	141.63	−0.007%	$60.6M	$66.1M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	141.65	+0.007%	$17.0M	$63.4M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	141.95	+0.219%	$44K	$183K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	141.67	+0.021%	$7.9M	$15.5M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	141.63	−0.007%	$25.1M	$23.6M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	141.62	−0.014%	$10.5M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	141.55	−0.064%	$28.9M	$18.2M	75x	as long as short
BingX AAVE-USDTlong	+0.0100%	8h	141.64	long leg	—	$44.0M	—
Backpack AAVE_USDC_PERP	+0.0100%	1h	141.72	+0.056%	$336K	$712K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.06	+0.297%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.49	+0.601%	$103K	$278K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.52	+0.621%	$450K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.05	+0.289%	$132K	$219K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	141.92	+0.198%	$122K	$384K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	141.59	−0.038%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.09	+0.318%	$684K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	141.60	−0.028%	$4.0M	$3.7M	50x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.68	+0.732%	$58K	$2K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	141.61	−0.018%	$895K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	141.51	−0.089%	$120K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0136%	1h	141.93	+0.202%	$177K	$241K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	141.55	−0.064%	$3.3M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0261% / S −0.0408%	1h	141.89	+0.178%	$120K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0327%	1h	141.65	+0.009%	$3.4M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	141.73	+0.064%	$767K	$2.8M	50x	as long as short