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 +0.034%

Price spread now: KuCoin against Kalshi−0.146%49s7-day average +0.051% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$650.651% of the position

Long on Kalshi Short on KuCoin

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+0.090%+$9 · spread now −0.146%, 7d avg +0.051%

Together, before fees+0.223%+$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.197% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.146% now, against its 7-day average of +0.051%). If the spread goes back, that is −$20 on $10k: about 6.6 days of funding at the current rate (+$3 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXAAVEPERP	143.60	0	get 0.0000% / 8h	1h 08m	$59K	$1.5M	3.4x
Short	KuCoin AAVEUSDTM	143.39	0.0100	get 0.0100% / 8h	5h 08m	$10.7M	$9.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.146%Rate

Funding earned: $21
Price spread: −0.146% → +0.051%: −$19.69
Slippage, 4 orders: −$43.09
Fee Kalshi: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$63.77
Costs to cover: 0.651%
Break-even: 28.3 days

Slippage from Kalshi: live order book, 5 min ago; KuCoin: live order book, 10 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, 5 min ago	2.78 bp	9.2 bp −$9	16.8 bp −$168	doesn't fit	doesn't fit
Sell KuCoin live order book, 10 min ago	1.04 bp	19.4 bp −$19	36.8 bp −$368	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
01 Exchange AAVEUSD	−0.0056%	1h	143.30	−0.209%	$10K	$2K	5x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0029%	1h	143.33	−0.188%	$227K	$389K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.45	−0.104%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERPlong	0.0000%	8h	143.60	long leg	$59K	$1.5M	3.4x
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.41	−0.131%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.624%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.31	−0.203%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0046%	8h	143.34	−0.181%	$18K	$10K	10x	as long as short
Nado AAVE-PERP	+0.0058%	1h	143.31	−0.202%	$827K	$433K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	143.75	+0.104%	$5K	$98K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AAVE	+0.0096%	1h	143.62	+0.014%	$4.6M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.45	−0.107%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.44	−0.109%	$77.6M	$34.9M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.37	−0.161%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.42	−0.124%	$326K	$434K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.37	−0.160%	$64.2M	$182.6M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.38	−0.153%	$61.2M	$64.1M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.37	−0.160%	$17.2M	$63.2M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.34	−0.181%	$44K	$179K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.07	+0.330%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.40	−0.139%	$7.8M	$15.2M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	143.31	−0.202%	$25.9M	$23.7M	200x	as long as short
KuCoin AAVEUSDTMshort	+0.0100%	8h	143.39	−0.146%	$10.7M	$9.2M	75x
Bitget AAVEUSDT	+0.0100%	8h	143.40	−0.139%	$30.1M	$17.4M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.39	−0.146%	—	$43.8M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.42	−0.125%	$320K	$691K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.66	+0.040%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.67	+0.048%	$103K	$278K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.74	+0.099%	$451K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.90	+0.209%	$134K	$219K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.36	−0.167%	$128K	$422K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.35	−0.173%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.34	−0.181%	$5K	$301K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.55	−0.035%	$691K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.43	−0.118%	$4.1M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.28	−0.221%	$913K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.77	−0.577%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0195%	1h	143.36	−0.166%	$184K	$237K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.36	−0.167%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0263% / S −0.0420%	1h	143.38	−0.156%	$124K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0268%	1h	143.48	−0.084%	$3.5M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	143.93	+0.230%	$782K	$2.8M	50x	as long as short