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 +0.026%

Price spread now: Gate against Kalshi+0.245%7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$590.594% of the position

Long on Kalshi Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.133%+$13 on $10k

Price spread, last 7 days−0.272%−$27 · spread now +0.245%, 7d avg +0.048%

Together, before fees−0.139%−$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Gate is 0.197% dearer against Kalshi than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.048%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXAAVEPERP	142.99	0	get 0.0000% / 8h	1m 42s	$56K	$1.5M	3.4x
Short	Gate AAVE_USDT	143.34	0.0100	get 0.0100% / 8h	4h 01m	$8.1M	$16.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.245%Rate

Funding earned: $21
Price spread: +0.245% → +0.048%: $19.68
Slippage, 4 orders: −$34.36
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$18.67
Costs to cover: 0.594%
Break-even: 13.2 days

Slippage from Kalshi: live order book, 2 min ago; Gate: live order book, 2 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	3.85 bp	12.1 bp −$12	19.9 bp −$199	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	1.40 bp	14.0 bp −$14	27.2 bp −$272	46.0 bp −$4,595	51.5 bp −$25.7K

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
01 Exchange AAVEUSD	−0.0128%	1h	143.39	+0.280%	$10K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.37	+0.263%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERPlong	0.0000%	8h	142.99	long leg	$56K	$1.5M	3.4x
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.10	+0.077%	$220K	$401K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.04	+0.036%	$80K	—	150x	as long as short
Nado AAVE-PERP	+0.0011%	1h	142.99	+0.003%	$841K	$449K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.217%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.96	−0.020%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0050%	8h	143.05	+0.042%	$18K	$10K	10x	as long as short
Phoenix AAVE	+0.0056%	1h	142.73	−0.182%	$4K	$102K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX AAVE-USD	+0.0085%	1h	143.09	+0.070%	$5K	$302K	10x	as long as short
Phemex AAVEUSDT	+0.0087%	8h	143.02	+0.021%	$4.0M	$3.7M	50x	as long as short
Lighter AAVE	+0.0096%	1h	143.39	+0.277%	$4.6M	$2.0M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.27	+0.199%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.42	+0.301%	$78.2M	$36.3M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.12	+0.092%	$1.2M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.33	+0.238%	$328K	$447K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.33	+0.238%	$63.9M	$186.9M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.36	+0.259%	$61.6M	$67.4M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.33	+0.238%	$17.2M	$64.3M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.44	+0.315%	$64K	$204K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.53	−0.322%	$58K	$2K	10x	as long as short
Gate AAVE_USDTshort	+0.0100%	8h	143.34	+0.245%	$8.1M	$16.1M	75x
MEXC AAVE_USDT	+0.0100%	8h	143.32	+0.231%	$25.1M	$23.9M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.34	+0.245%	$10.6M	$9.3M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.33	+0.238%	$29.2M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.36	+0.259%	—	$43.8M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.15	+0.112%	$336K	$720K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.73	−0.182%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.62	−0.259%	$103K	$279K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.87	−0.081%	$460K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.69	−0.210%	$133K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.04	+0.035%	$125K	$386K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.95	−0.029%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.19	+0.137%	$689K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.28	+0.206%	$901K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.11	+0.083%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0136%	1h	143.38	+0.272%	$179K	$246K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.00	+0.007%	$3.3M	$3.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	143.03	+0.027%	$112K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0323%	1h	143.20	+0.143%	$3.4M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	142.92	−0.049%	$793K	$2.8M	50x	as long as short