AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.028%

Price spread now: Bitget against Kalshi+0.034%7-day average +0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$530.527% of the position

Long on Kalshi Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.172%+$17 on $10k

Price spread, last 3 days (all we have)−0.353%−$35 · spread now +0.034%, 7d avg +0.059%

Together, before fees−0.181%−$18 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.025% cheaper against Kalshi than usual: you would sell low and buy high (spread +0.034% now, against its 7-day average of +0.059%). If the spread goes back, that is −$3 on $10k: about 20 hours 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	147.72	0	get 0.0000% / 8h	7h 28m	$76K	$1.5M	3.4x
Short	Bitget AAVEUSDT	147.77	0.0100	get 0.0100% / 8h	3h 28m	$30.4M	$17.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.034%Rate

Funding earned: $21
Price spread: +0.034% → +0.059%: −$2.52
Slippage, 4 orders: −$30.69
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$34.21
Costs to cover: 0.527%
Break-even: 18.4 days

Slippage from Kalshi: live order book, 6 min ago; Bitget: live order book, 6 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, 6 min ago	1.36 bp	17.7 bp −$18	24.7 bp −$247	doesn't fit	doesn't fit
Sell Bitget live order book, 6 min ago	0.34 bp	8.2 bp −$8	12.5 bp −$125	22.0 bp −$2,205	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
Deribit AAVE_USDC-PERPETUAL	−1.9769%	1h	144.90	−1.909%	$210K	$379K	50x	as long as short
SoDEX AAVE-USD	−0.0095%	1h	147.80	+0.054%	$5K	$294K	10x	as long as short
Kraken Futures PF_AAVEUSD	−0.0060%	1h	147.94	+0.150%	$3.5M	$2.0M	50x	as long as short
Phoenix AAVE	−0.0039%	1h	148.27	+0.372%	$4K	$95K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	147.76	+0.027%	$105K	$5K	10x	as long as short
Kalshi KXAAVEPERPlong	0.0000%	8h	147.72	long leg	$76K	$1.5M	3.4x
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	147.75	+0.019%	$72K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−7.284%	$422	$51K	12x	as long as short
OKX AAVE-USDT-SWAP	+0.0039%	8h	147.81	+0.061%	$18.4M	$66.0M	50x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	147.70	−0.016%	—	—	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_AAVE_USDC	+0.0065%	8h	147.77	+0.034%	$19K	$12K	10x	as long as short
Nado AAVE-PERP	+0.0068%	1h	147.73	+0.005%	$833K	$437K	10x	as long as short
MEXC AAVE_USDT	+0.0085%	8h	147.83	+0.074%	$33.9M	$25.5M	200x	as long as short
Binance AAVEUSDT	+0.0086%	8h	147.86	+0.092%	$67.1M	$177.2M	75x	as long as short
01 Exchange AAVEUSD	+0.0088%	1h	147.91	+0.129%	$11K	$2K	5x	as long as short
RISEx AAVE/USDC	+0.0090%	1h	147.86	+0.097%	$188K	$242K	10x	as long as short
Gate AAVE_USDT	+0.0093%	8h	147.80	+0.054%	$7.9M	$14.9M	75x	as long as short
Lighter AAVE	+0.0096%	1h	148.09	+0.254%	$4.8M	$1.7M	10x	as long as short
Variational Omni AAVE	+0.0097%	8h	147.93	+0.144%	$3.9M	$1.3M	—	as long as short
Bulk AAVE-USD	+0.0100%	1h	147.72	0.000%	$62K	$3K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	147.70	−0.015%	$14K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	147.81	+0.061%	$1.4M	$1.1M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	147.74	+0.014%	$346K	$481K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	147.82	+0.068%	$62.5M	$63.4M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	147.80	+0.054%	$52K	$337K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	147.88	+0.108%	$10.4M	$8.4M	75x	as long as short
Bitget AAVEUSDTshort	+0.0100%	8h	147.77	+0.034%	$30.4M	$17.2M	75x
BingX AAVE-USDT	+0.0100%	8h	147.83	+0.074%	—	$43.2M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	147.89	+0.115%	$311K	$625K	10x	as long as short
edgeX AAVEUSDC	+0.0100%	4h	147.75	+0.019%	$101K	$309K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	147.60	−0.083%	$467K	$3.9M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	147.76	+0.027%	$137K	$235K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	147.79	+0.047%	$131K	$467K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	147.66	−0.043%	$1K	$1.2M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	148.00	+0.191%	$753K	$4.8M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	147.78	+0.041%	$4.2M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	147.77	+0.033%	$956K	$1.8M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	147.84	+0.083%	$125K	$146	10x	as long as short
BloFin AAVE-USDT	+0.0206%	8h	147.63	−0.061%	$3.5M	$5.4M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0208%	1h	148.04	+0.217%	$800K	$3.0M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0269% / S −0.0451%	1h	147.73	+0.007%	$130K	—	100x	as long as short
Hyperliquid AAVE	+0.0568%	1h	148.05	+0.223%	$84.6M	$30.9M	10x	as long as short