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 +0.020%

Price spread now: Binance against Kalshi−0.100%7-day average +0.063% · you buy dearer than you sell

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$450.448% of the position

Long on Kalshi Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.137%+$14 on $10k

Price spread, last 7 days+0.205%+$20 · spread now −0.100%, 7d avg +0.063%

Together, before fees+0.342%+$34 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.163% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.100% now, against its 7-day average of +0.063%). If the spread goes back, that is −$16 on $10k: about 5.4 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXAAVEPERP	142.25	0	get 0.0000% / 8h	5h 36m	$51K	$1.5M	3.4x
Short	Binance AAVEUSDT	142.11	0.0100	get 0.0100% / 8h	1h 36m	$64.0M	$192.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Kalshi. 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 KalshibpFee BinancebpOrdersPrice spread, now −0.100%Rate

Funding earned: $21
Price spread: −0.100% → +0.063%: −$16.29
Slippage, 4 orders: −$24.79
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$40.07
Costs to cover: 0.448%
Break-even: 20.4 days

Slippage from Kalshi: live order book, 1 min ago; Binance: live order book, 7 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 Kalshi live order book, 1 min ago	5.62 bp	14.6 bp −$15	20.6 bp −$206	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	0.35 bp	7.4 bp −$7	13.9 bp −$139	41.0 bp −$4,104	141.4 bp −$70.7K

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
dYdX AAVE-USD	0.0000%	1h	142.26	+0.005%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERPlong	0.0000%	8h	142.25	long leg	$51K	$1.5M	3.4x
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.24	−0.007%	$216K	$396K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.16	−0.060%	$79K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.719%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.21	−0.026%	—	—	20x	as long as short
Nado AAVE-PERP	+0.0064%	1h	142.24	−0.011%	$823K	$401K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0078%	8h	142.22	−0.021%	$18K	$10K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	142.23	−0.014%	$4K	$108K	10x	as long as short
Lighter AAVE	+0.0096%	1h	142.25	+0.002%	$4.5M	$2.4M	10x	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	142.19	−0.044%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.21	−0.026%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.23	−0.011%	$325K	$450K	10x	as long as short
Binance AAVEUSDTshort	+0.0100%	8h	142.11	−0.100%	$64.0M	$192.0M	75x
Bybit AAVEUSDT	+0.0100%	8h	142.16	−0.063%	$61.1M	$68.4M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.07	−0.127%	$16.9M	$65.3M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.35	+0.070%	$63K	$197K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.16	−0.063%	$8.0M	$15.9M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.14	−0.077%	$24.8M	$24.0M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.18	−0.049%	$10.2M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.18	−0.049%	$29.1M	$18.4M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	142.15	−0.070%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.28	+0.021%	$374K	$742K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.40	+0.106%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.14	−0.074%	$107K	$282K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.48	+0.161%	$448K	$3.9M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.45	+0.141%	$132K	$222K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.31	+0.042%	$141K	$471K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.19	−0.043%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.22	−0.021%	$5K	$312K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.35	+0.072%	$675K	$5.3M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.24	−0.007%	$4.0M	$3.6M	50x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.36	+0.074%	$57K	−$0	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.11	−0.102%	$905K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.27	+0.015%	$120K	$146	10x	as long as short
01 Exchange AAVEUSD	+0.0128%	1h	142.31	+0.042%	$10K	$2K	5x	as long as short
Hyperliquid AAVE	+0.0158%	1h	142.30	+0.035%	$77.8M	$37.1M	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.22	−0.021%	$3.3M	$3.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.27	+0.014%	$111K	—	100x	as long as short
RISEx AAVE/USDC	+0.0256%	1h	142.32	+0.051%	$194K	$262K	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	142.32	+0.049%	$754K	$2.8M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0317%	1h	142.33	+0.053%	$3.4M	$2.1M	50x	as long as short