AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.041%

Price spread now: KuCoin against Kalshi−0.374%49s7-day average +0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs−$51as 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−$660.659% of the position

Long on Kalshi Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.148%+$15 on $10k

Price spread, last 7 days+0.510%+$51 · spread now −0.374%, 7d avg +0.056%

Together, before fees+0.658%+$66 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.430% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.374% now, against its 7-day average of +0.056%). If the spread goes back, that is −$43 on $10k: about 14 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	141.87	0	get 0.0000% / 8h	2h 54m	$49K	$1.4M	3.4x
Short	KuCoin AAVEUSDTM	141.34	0.0100	get 0.0100% / 8h	6h 54m	$10.2M	$9.6M	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 −0.374%Rate

Funding earned: $21
Price spread: −0.374% → +0.056%: −$42.95
Slippage, 4 orders: −$43.89
Fee Kalshi: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$87.84
Costs to cover: 0.659%
Break-even: 36.3 days

Slippage from Kalshi: live order book, 4 min ago; KuCoin: live order book, 4 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, 4 min ago	2.11 bp	7.1 bp −$7	13.3 bp −$133	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	1.40 bp	16.8 bp −$17	30.3 bp −$303	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	−0.0103%	1h	141.52	−0.247%	$209K	$359K	50x	as long as short
SoDEX AAVE-USD	−0.0038%	1h	141.50	−0.261%	$6K	$286K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	141.21	−0.464%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERPlong	0.0000%	8h	141.87	long leg	$49K	$1.4M	3.4x
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.88	+0.712%	$82K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.461%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	141.28	−0.418%	—	—	20x	as long as short
Phemex AAVEUSDT	+0.0058%	8h	141.59	−0.197%	$3.9M	$3.6M	50x	as long as short
01 Exchange AAVEUSD	+0.0064%	1h	141.33	−0.381%	$10K	$1K	5x	as long as short
Orderly PERP_AAVE_USDC	+0.0092%	8h	141.31	−0.395%	$17K	$6K	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	141.22	−0.459%	$4.5M	$2.2M	10x	as long as short
Phoenix AAVE	+0.0096%	1h	142.69	+0.578%	$4K	$97K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	141.04	−0.582%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	141.26	−0.426%	$824K	$398K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	141.53	−0.240%	$77.7M	$36.6M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	141.40	−0.331%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	141.12	−0.528%	$344K	$364K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	141.36	−0.362%	$63.4M	$187.3M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	141.30	−0.402%	$61.0M	$67.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	141.30	−0.402%	$16.4M	$62.3M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	141.37	−0.352%	$97K	$229K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	141.36	−0.359%	$8.0M	$13.9M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	141.34	−0.374%	$22.2M	$23.8M	200x	as long as short
KuCoin AAVEUSDTMshort	+0.0100%	8h	141.34	−0.374%	$10.2M	$9.6M	75x
Bitget AAVEUSDT	+0.0100%	8h	141.30	−0.402%	$29.3M	$17.7M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	141.36	−0.359%	—	$44.4M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	141.48	−0.275%	$385K	$729K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.09	+0.153%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.42	+0.386%	$110K	$283K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.49	+0.437%	$447K	$3.4M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.43	+0.395%	$132K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	141.42	−0.317%	$132K	$466K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	141.49	−0.266%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	141.80	−0.048%	$666K	$5.3M	75x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.39	+0.368%	$164K	$106K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	141.12	−0.525%	$906K	$1.8M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.12	+0.178%	$120K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0164%	1h	141.34	−0.374%	$171K	$275K	10x	as long as short
Kraken Futures PF_AAVEUSD	+0.0176%	1h	141.62	−0.177%	$3.4M	$2.1M	50x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	141.50	−0.261%	$3.2M	$3.4M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0232%	1h	142.15	+0.197%	$755K	$2.7M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0360%	1h	141.56	−0.218%	$110K	—	100x	as long as short