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 −0.022%

Price spread now: Kalshi against HTX−0.305%7-day average +0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$104as in the Price arb table

costs, in and out, $10k−$690.691% of the position

Long on HTX Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days+0.315%+$32 on $10k

Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.305%, 7d avg +0.045%

Together, before fees+0.449%+$45 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kalshi is 0.349% cheaper against HTX than usual: you would sell low and buy high (−$35 if the spread goes back to its 7-day average of +0.045%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.315%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX AAVE-USDT	144.48	0.0100	pay 0.0100% / 8h	5h 14m	$696K	$5.2M	75x
Short	Kalshi KXAAVEPERP	144.04	0	get 0.0000% / 8h	1h 14m	$59K	$1.5M	3.4x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against HTX. 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 HTXbpFee KalshibpOrdersPrice spread, now −0.305%Rate

Funding earned: −$21
Price spread: −0.305% → +0.045%: −$34.94
Slippage, 4 orders: −$47.13
Fee HTX: 6 bp × 2 orders: −$12
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$125.07
Costs to cover: 0.691%
Break-even: never at this rate

Slippage from HTX: live order book, 4 min ago; Kalshi: live order book, 3 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 HTX live order book, 4 min ago	7.16 bp	14.1 bp −$14	51.5 bp −$515	doesn't fit	doesn't fit
Sell Kalshi live order book, 3 min ago	4.16 bp	9.2 bp −$9	15.4 bp −$154	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	−0.0048%	1h	144.10	−0.263%	$11K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.12	−0.248%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERPshort	0.0000%	8h	144.04	−0.305%	$59K	$1.5M	3.4x
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	144.08	−0.277%	$228K	$389K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.10	−0.260%	$81K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.205%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.08	−0.280%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0045%	8h	144.08	−0.277%	$18K	$10K	10x	as long as short
Nado AAVE-PERP	+0.0052%	1h	144.09	−0.270%	$832K	$433K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	144.42	−0.042%	$5K	$98K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AAVE	+0.0096%	1h	144.13	−0.244%	$4.6M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.15	−0.229%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.07	−0.284%	$77.9M	$35.1M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.05	−0.298%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.13	−0.242%	$329K	$433K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.95	−0.365%	$64.4M	$182.5M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.94	−0.374%	$61.4M	$64.1M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.93	−0.381%	$17.3M	$63.5M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.15	−0.228%	$45K	$179K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.91	−0.393%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.99	−0.339%	$7.9M	$15.2M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	143.99	−0.339%	$26.1M	$23.7M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.00	−0.332%	$10.8M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.93	−0.381%	$30.2M	$17.4M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	143.97	−0.353%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.10	−0.263%	$321K	$692K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.28	−0.141%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.34	−0.095%	$104K	$279K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	144.39	−0.062%	$461K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.40	−0.055%	$134K	$219K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.14	−0.235%	$128K	$422K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.05	−0.298%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	144.07	−0.284%	$5K	$301K	10x	as long as short
HTX AAVE-USDTlong	+0.0100%	8h	144.48	long leg	$696K	$5.2M	75x
Phemex AAVEUSDT	+0.0100%	8h	144.13	−0.242%	$4.1M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.92	−0.390%	$918K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	144.10	−0.263%	$122K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0195%	1h	144.17	−0.213%	$188K	$235K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	144.05	−0.298%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0263% / S −0.0420%	1h	144.11	−0.259%	$125K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0267%	1h	144.15	−0.228%	$3.5M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	144.32	−0.111%	$785K	$2.8M	50x	as long as short