AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.92 per $10,000 · paid last 24h +0.021%

Price spread now: GRVT against Kalshi−0.088%7-day average +0.103% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

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

Long on Kalshi Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.130%+$13 on $10k

Price spread, last 3 days (all we have)+0.106%+$11 · spread now −0.088%, 7d avg +0.103%

Together, before fees+0.236%+ Points / potential airdropGRVT: Active · farm board+$24 on $10k · with fees, hour by hour

Funding pays, the price is against you. GRVT is 0.191% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.088% now, against its 7-day average of +0.103%). If the spread goes back, that is −$19 on $10k: about 6.9 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	144.58	0	get 0.0000% / 8h	6h 27m	$71K	$1.5M	3.4x
Short	GRVT AAVE_USDT_Perp	144.45	0.0092	get 0.0092% / 8h	2h 27m	$455K	$3.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.088%Rate

Funding earned: $19.32
Price spread: −0.088% → +0.103%: −$19.1
Slippage, 4 orders: −$25.78
Fee Kalshi: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$44.56
Costs to cover: 0.448%
Break-even: 23.1 days

Slippage from Kalshi: live order book, 1 min ago; GRVT: 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, 1 min ago	0.35 bp	20.0 bp −$20	26.9 bp −$269	doesn't fit	doesn't fit
Sell GRVT live order book, 2 min ago	0.35 bp	7.8 bp −$8	18.4 bp −$184	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
Deribit AAVE_USDC-PERPETUAL	−0.0233%	1h	144.86	+0.194%	$249K	$483K	50x	as long as short
SoDEX AAVE-USD	−0.0180%	1h	144.80	+0.152%	$5K	$299K	10x	as long as short
01 Exchange AAVEUSD	−0.0136%	1h	144.84	+0.180%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0044%	1h	144.63	+0.035%	$5K	$101K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.66	+0.052%	$103K	$5K	10x	as long as short
Kalshi KXAAVEPERPlong	0.0000%	8h	144.58	long leg	$71K	$1.5M	3.4x
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.88	+0.211%	$70K	—	150x	as long as short
Kraken Futures PF_AAVEUSD	+0.0012%	1h	144.93	+0.239%	$3.4M	$2.1M	50x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.270%	$422	$51K	12x	as long as short
ApeX Omni AAVEUSDT	+0.0041%	1h	144.40	−0.124%	$134K	$229K	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya AAVERUSDPERP	+0.0044%	1h	144.81	+0.157%	—	—	20x	as long as short
OKX AAVE-USDT-SWAP	+0.0051%	8h	144.81	+0.159%	$17.5M	$66.1M	50x	as long as short
Orderly PERP_AAVE_USDC	+0.0053%	8h	144.81	+0.159%	$18K	$12K	10x	as long as short
Gate AAVE_USDT	+0.0055%	8h	144.79	+0.145%	$7.8M	$15.8M	75x	as long as short
Binance AAVEUSDT	+0.0060%	8h	144.79	+0.146%	$65.9M	$183.8M	75x	as long as short
MEXC AAVE_USDT	+0.0061%	8h	144.78	+0.138%	$31.6M	$26.3M	200x	as long as short
Nado AAVE-PERP	+0.0087%	1h	144.81	+0.163%	$803K	$436K	10x	as long as short
GRVT AAVE_USDT_Perpshort	+0.0092%	8h	144.45	−0.088%	$455K	$3.9M	10x
Lighter AAVE	+0.0096%	1h	145.00	+0.294%	$4.7M	$1.6M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	144.87	+0.201%	$122K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0097%	1h	144.83	+0.170%	$180K	$241K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.69	+0.075%	$14K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.96	+0.263%	$80.6M	$33.1M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.81	+0.159%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.69	+0.074%	$330K	$505K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.85	+0.187%	$61.6M	$65.4M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.77	+0.131%	$50K	$274K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.30	−0.196%	$61K	$3K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.85	+0.187%	$10.3M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.82	+0.166%	$30.2M	$18.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	144.82	+0.166%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.94	+0.249%	$378K	$702K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.45	−0.091%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.36	−0.150%	$101K	$314K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.86	+0.194%	$127K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.78	+0.139%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.91	+0.225%	$722K	$4.9M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.81	+0.159%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.81	+0.158%	$933K	$1.8M	50x	as long as short
BloFin AAVE-USDT	+0.0180%	8h	144.78	+0.138%	$3.5M	$5.3M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0248%	1h	144.36	−0.152%	$777K	$3.0M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0266% / S −0.0438%	1h	144.90	+0.220%	$125K	—	100x	as long as short