Funding you earn now, next payment 04:00 UTC−0.0088%/8h= −9.6% APRnext payment −$0.88 per $10,000 · paid last 24h −0.053%
Price spread now: Kalshi against BloFin−0.021%59s7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$510.510% of the position
Funding, last 7 days−0.369%−$37 on $10k
+Price spread, last 3 days (all we have)−0.102%−$10 · spread now −0.021%, 7d avg −0.094%
=The price spread pays, funding is against you. Kalshi is 0.074% dearer against BloFin than usual: you sell high and buy low (spread −0.021% now, against its 7-day average of −0.094%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.8 days. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin AAVE-USDT | 146.01 | 0.0088 | pay 0.0088% / 8h | 7h 37m | $3.5M | $4.1M | 100x |
| Short | Kalshi KXAAVEPERP | 145.98 | 0 | get 0.0000% / 8h | 3h 37m | $77K | $1.5M | 3.4x |
BloFin AAVE-USDT
Kalshi KXAAVEPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$18.5
- Price spread: −0.021% → −0.094%
- $7.37
- Slippage, 4 orders
- −$29.04
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$62.16
- Costs to cover
- 0.510%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; Kalshi: live order book, 1 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 BloFin live order book, 6 min ago | 0.34 bp | 10.2 bp −$10 | 16.7 bp −$167 | 35.9 bp −$3,592 | doesn't fit |
| Sell Kalshi live order book, 1 min ago | 7.54 bp | 18.3 bp −$18 | 25.6 bp −$256 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AAVEUSD | −0.0184% | 1h | 146.23 | +0.149% | $3.5M | $2.1M | 50x | as long as short |
| 01 Exchange AAVEUSD | −0.0136% | 1h | 146.00 | −0.007% | $11K | $2K | 5x | as long as short |
| SoDEX AAVE-USD | −0.0088% | 1h | 146.09 | +0.055% | $5K | $305K | 10x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 146.03 | +0.013% | $104K | $4K | 10x | as long as short |
| Kalshi KXAAVEPERPshort | 0.0000% | 8h | 145.98 | −0.021% | $77K | $1.5M | 3.4x | |
| Phoenix AAVE | 0.0000% | 1h | 145.87 | −0.096% | $5K | $102K | 10x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | 0.0000% | 1h | 146.15 | +0.096% | $255K | $369K | 50x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 146.10 | +0.063% | $71K | — | 150x | as long as short |
| MEXC AAVE_USDT | +0.0022% | 8h | 146.00 | −0.007% | $29.2M | $25.8M | 200x | as long as short |
| Binance AAVEUSDT | +0.0022% | 8h | 146.06 | +0.032% | $66.2M | $186.1M | 75x | as long as short |
Kraken Futures PF_AAVEUSD
01 Exchange AAVEUSD
SoDEX AAVE-USD
dYdX AAVE-USD
Phoenix AAVE
Deribit AAVE_USDC-PERPETUAL
gTrade (Gains Network) AAVE/USD
MEXC AAVE_USDT
Binance AAVEUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex AAVEUSDT | +0.0033% | 8h | 146.08 | +0.048% | $4.2M | $3.8M | 50x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −6.198% | $422 | $51K | 12x | as long as short |
| ApeX Omni AAVEUSDT | +0.0044% | 1h | 145.86 | −0.103% | $136K | $230K | 50x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 146.01 | −0.002% | — | — | 20x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0048% | 8h | 146.06 | +0.034% | $18K | $10K | 10x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0063% | 8h | 146.06 | +0.034% | $17.9M | $67.0M | 50x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0069% | 8h | 145.92 | −0.062% | $462K | $3.9M | 10x | as long as short |
| Gate AAVE_USDT | +0.0078% | 8h | 146.04 | +0.021% | $7.9M | $15.2M | 75x | as long as short |
| Bybit AAVEUSDT | +0.0079% | 8h | 146.04 | +0.021% | $62.5M | $65.4M | 75x | as long as short |
| Aevo AAVE-PERP | +0.0088% | 1h | 146.12 | +0.072% | $123K | $146 | 10x | as long as short |
| BloFin AAVE-USDTlong | +0.0088% | 8h | 146.01 | long leg | $3.5M | $4.1M | 100x | |
| Lighter AAVE | +0.0096% | 1h | 146.31 | +0.204% | $4.7M | $1.5M | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 146.03 | +0.014% | $14K | $4K | 20x | as long as short |
| Nado AAVE-PERP | +0.0100% | 1h | 145.92 | −0.062% | $798K | $445K | 10x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 146.12 | +0.075% | $79.7M | $35.3M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 145.99 | −0.014% | $1.4M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 145.97 | −0.026% | $333K | $503K | 10x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 146.01 | 0.000% | $46K | $278K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 145.72 | −0.199% | $61K | −$0 | 10x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 145.98 | −0.021% | $10.1M | $8.8M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 146.05 | +0.027% | $30.3M | $18.1M | 75x | as long as short |
| BingX AAVE-USDC | +0.0100% | 8h | 146.04 | +0.021% | — | $6.5M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 146.02 | +0.007% | $346K | $733K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 146.08 | +0.050% | $3.8M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 145.87 | −0.095% | $105K | $317K | 20x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 146.10 | +0.062% | $128K | $428K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 145.98 | −0.018% | $2K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 146.22 | +0.145% | $710K | $5.2M | 75x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 146.07 | +0.041% | $932K | $1.7M | 50x | as long as short |
| RISEx AAVE/USDC | +0.0107% | 1h | 146.05 | +0.024% | $185K | $246K | 10x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0269% / S −0.0449% | 1h | 146.12 | +0.075% | $128K | — | 100x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0296% | 1h | 146.14 | +0.089% | $786K | $3.1M | 50x | as long as short |
Phemex AAVEUSDT
Injective AAVE/USDC PERP
ApeX Omni AAVEUSDT
Reya AAVERUSDPERP
Orderly PERP_AAVE_USDC
OKX AAVE-USDT-SWAP
GRVT AAVE_USDT_Perp
Gate AAVE_USDT
Bybit AAVEUSDT
Aevo AAVE-PERP
Lighter AAVE
Paradex AAVE-USD-PERP
Nado AAVE-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
Arcus AAVE-USD
Bulk AAVE-USD
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDC
Backpack AAVE_USDC_PERP
Variational Omni AAVE
edgeX AAVEUSDC
Polymarket Perps AAVE-USD
SunX AAVE-USDT
HTX AAVE-USDT
Extended AAVE-USD
RISEx AAVE/USDC
GMX AAVE/USD [AAVE-USDC]
Coinbase International AAVE-PERP-INTX