AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.026%

Price spread now: Kalshi against Gate−0.056%7-day average −0.051% · you buy dearer than you sell

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$630.632% of the position

Long on Gate Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.123%−$12 on $10k

Price spread, last 7 days−0.034%−$3 · spread now −0.056%, 7d avg −0.051%

Together, before fees−0.157%−$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.051%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AAVE_USDT	142.48	0.0100	pay 0.0100% / 8h	2h 38m	$8.0M	$16.1M	75x
Short	Kalshi KXAAVEPERP	142.40	0	get 0.0000% / 8h	6h 38m	$55K	$1.5M	3.4x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against Gate. 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 GatebpFee KalshibpOrdersPrice spread, now −0.056%Rate

Funding earned: −$21
Price spread: −0.056% → −0.051%: −$0.53
Slippage, 4 orders: −$38.25
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$84.78
Costs to cover: 0.632%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; Kalshi: live order book, 5 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 Gate live order book, 5 min ago	1.75 bp	14.4 bp −$14	29.9 bp −$299	42.9 bp −$4,285	48.5 bp −$24.2K
Sell Kalshi live order book, 5 min ago	1.05 bp	28.5 bp −$29	37.0 bp −$370	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
Nado AAVE-PERP	−0.0008%	1h	142.44	−0.028%	$830K	$402K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	142.42	−0.046%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERPshort	0.0000%	8h	142.40	−0.056%	$55K	$1.5M	3.4x
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.54	+0.042%	$218K	$393K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.48	−0.002%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.874%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.51	+0.024%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0065%	8h	142.49	+0.007%	$18K	$10K	10x	as long as short
Phemex AAVEUSDT	+0.0076%	8h	142.48	0.000%	$4.0M	$3.6M	50x	as long as short
01 Exchange AAVEUSD	+0.0096%	1h	142.47	−0.007%	$10K	$2K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex AAVE-USD-PERP	+0.0100%	8h	142.33	−0.107%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	142.63	+0.105%	$78.0M	$37.1M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.54	+0.044%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.43	−0.035%	$326K	$447K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.53	+0.035%	$63.6M	$189.7M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.51	+0.021%	$61.1M	$68.3M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.51	+0.021%	$17.1M	$64.5M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.50	+0.014%	$63K	$199K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.52	+0.030%	$58K	−$0	10x	as long as short
Gate AAVE_USDTlong	+0.0100%	8h	142.48	long leg	$8.0M	$16.1M	75x
MEXC AAVE_USDT	+0.0100%	8h	142.49	+0.007%	$25.3M	$24.0M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.46	−0.014%	$10.3M	$9.4M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.46	−0.014%	$29.1M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	142.47	−0.007%	—	$43.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.42	−0.042%	$334K	$728K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.41	−0.048%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.70	+0.153%	$105K	$280K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.49	+0.006%	$446K	$3.9M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.49	+0.007%	$132K	$222K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.60	+0.084%	$134K	$459K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.48	+0.003%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.53	+0.035%	$5K	$312K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.82	+0.238%	$682K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.48	−0.002%	$903K	$1.8M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.54	+0.039%	$120K	$146	10x	as long as short
Phoenix AAVE	+0.0118%	1h	142.39	−0.063%	$4K	$106K	10x	as long as short
RISEx AAVE/USDC	+0.0207%	1h	142.47	−0.009%	$186K	$251K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.24	−0.168%	$3.3M	$3.5M	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0238%	1h	142.63	+0.109%	$3.4M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.47	−0.006%	$111K	—	100x	as long as short
Lighter AAVE	+0.0312%	1h	142.74	+0.180%	$4.5M	$2.4M	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0376%	1h	142.57	+0.063%	$775K	$2.8M	50x	as long as short