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 +0.031%

Price spread now: BingX against Kalshi−0.106%7-day average +0.047% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

costs, in and out, $10k−$590.590% of the position

Long on Kalshi Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.183%+$18 on $10k

Price spread, last 7 days+0.198%+$20 · spread now −0.106%, 7d avg +0.047%

Together, before fees+0.381%+$38 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.153% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.106% now, against its 7-day average of +0.047%). If the spread goes back, that is −$15 on $10k: about 5.1 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	142.13	0	get 0.0000% / 8h	5h 35m	$51K	$1.5M	3.4x
Short	BingX AAVE-USDC	141.98	0.0100	get 0.0100% / 8h	1h 35m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.106%Rate

Funding earned: $21
Price spread: −0.106% → +0.047%: −$15.3
Slippage, 4 orders: −$39.04
Fee Kalshi: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$53.34
Costs to cover: 0.590%
Break-even: 24.8 days

Slippage from Kalshi: live order book, 2 min ago; BingX: 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 Kalshi live order book, 2 min ago	5.62 bp	14.6 bp −$15	20.6 bp −$206	doesn't fit	doesn't fit
Sell BingX live order book, 5 min ago	0.70 bp	14.6 bp −$15	39.3 bp −$393	245.4 bp −$24.5K	597.2 bp −$298.6K

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	142.14	+0.009%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERPlong	0.0000%	8h	142.13	long leg	$51K	$1.5M	3.4x
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.03	−0.070%	$216K	$396K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.06	−0.053%	$79K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.638%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	141.96	−0.121%	—	—	20x	as long as short
Nado AAVE-PERP	+0.0069%	1h	141.98	−0.106%	$821K	$401K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0078%	8h	142.02	−0.077%	$18K	$10K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	142.23	+0.070%	$4K	$108K	10x	as long as short
Lighter AAVE	+0.0096%	1h	142.16	+0.025%	$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	142.10	−0.023%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.05	−0.059%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.14	+0.009%	$324K	$450K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	141.99	−0.099%	$63.9M	$192.0M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	141.98	−0.106%	$61.1M	$68.4M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	141.94	−0.134%	$16.9M	$65.2M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.17	+0.028%	$63K	$197K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.01	−0.084%	$8.0M	$15.9M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	141.97	−0.113%	$24.7M	$24.0M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.02	−0.077%	$10.2M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	141.99	−0.099%	$29.0M	$18.4M	75x	as long as short
BingX AAVE-USDCshort	+0.0100%	8h	141.98	−0.106%	—	$6.5M	—
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.12	−0.007%	$374K	$741K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.03	−0.070%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.14	+0.010%	$107K	$282K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.48	+0.245%	$448K	$3.9M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.45	+0.225%	$132K	$222K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.08	−0.035%	$141K	$471K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.01	−0.085%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.03	−0.070%	$5K	$312K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.22	+0.063%	$675K	$5.3M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.10	−0.021%	$4.0M	$3.6M	50x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.36	+0.159%	$57K	−$0	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	141.93	−0.144%	$905K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.06	−0.051%	$120K	$146	10x	as long as short
01 Exchange AAVEUSD	+0.0120%	1h	142.13	0.000%	$10K	$2K	5x	as long as short
Hyperliquid AAVE	+0.0152%	1h	142.14	+0.006%	$77.7M	$37.1M	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.22	+0.063%	$3.3M	$3.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.05	−0.053%	$111K	—	100x	as long as short
RISEx AAVE/USDC	+0.0256%	1h	142.09	−0.030%	$192K	$263K	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	142.32	+0.134%	$754K	$2.8M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0317%	1h	142.12	−0.010%	$3.4M	$2.1M	50x	as long as short