AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.034%

Price spread now: Kalshi against KuCoin−0.064%7-day average −0.057% · you buy dearer than you sell

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$670.674% of the position

Long on KuCoin Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.123%−$12 on $10k

Price spread, last 7 days−0.083%−$8 · spread now −0.064%, 7d avg −0.057%

Together, before fees−0.206%−$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.057%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AAVEUSDTM	141.27	0.0100	pay 0.0100% / 8h	35m 04s	$10.2M	$9.5M	75x
Short	Kalshi KXAAVEPERP	141.18	0	get 0.0000% / 8h	4h 35m	$48K	$1.4M	3.4x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against KuCoin. 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 KuCoinbpFee KalshibpOrdersPrice spread, now −0.064%Rate

Funding earned: −$21
Price spread: −0.064% → −0.057%: −$0.69
Slippage, 4 orders: −$45.39
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$89.07
Costs to cover: 0.674%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; Kalshi: live order book, 3 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 KuCoin live order book, 3 min ago	0.71 bp	16.2 bp −$16	38.5 bp −$385	doesn't fit	doesn't fit
Sell Kalshi live order book, 3 min ago	0.35 bp	29.4 bp −$29	37.2 bp −$372	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
dYdX AAVE-USD	0.0000%	1h	141.16	−0.077%	$101K	$4K	10x	as long as short
Kalshi KXAAVEPERPshort	0.0000%	8h	141.18	−0.064%	$48K	$1.4M	3.4x
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	141.21	−0.042%	$213K	$392K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	141.17	−0.070%	$79K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.051%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	141.11	−0.112%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0082%	8h	141.15	−0.085%	$17K	$8K	10x	as long as short
Lighter AAVE	+0.0096%	1h	141.37	+0.069%	$4.5M	$2.5M	10x	as long as short
01 Exchange AAVEUSD	+0.0096%	1h	141.20	−0.050%	$10K	$2K	5x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	141.21	−0.045%	$13K	$4K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado AAVE-PERP	+0.0100%	1h	141.19	−0.053%	$824K	$396K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	141.43	+0.113%	$77.4M	$36.9M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	141.23	−0.027%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	141.26	−0.006%	$322K	$384K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	141.24	−0.021%	$63.2M	$189.8M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	141.24	−0.021%	$60.8M	$68.6M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	141.27	0.000%	$16.9M	$63.8M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	141.26	−0.007%	$63K	$193K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	141.52	+0.177%	$160K	$103K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	141.23	−0.028%	$8.0M	$16.2M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	141.24	−0.021%	$23.3M	$24.1M	200x	as long as short
KuCoin AAVEUSDTMlong	+0.0100%	8h	141.27	long leg	$10.2M	$9.5M	75x
Bitget AAVEUSDT	+0.0100%	8h	141.19	−0.057%	$28.8M	$17.9M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	141.23	−0.028%	—	$43.5M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	141.16	−0.080%	$3.7M	$1.2M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	141.29	+0.017%	$108K	$282K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	141.53	+0.185%	$444K	$3.6M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	141.25	−0.014%	$131K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	141.23	−0.028%	$140K	$471K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	141.15	−0.085%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	141.19	−0.057%	$5K	$287K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	141.37	+0.067%	$668K	$5.3M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	141.25	−0.014%	$3.9M	$3.6M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	141.13	−0.102%	$911K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	141.22	−0.036%	$119K	$146	10x	as long as short
Phoenix AAVE	+0.0152%	1h	141.33	+0.042%	$5K	$98K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	141.16	−0.078%	$3.3M	$3.5M	100x	as long as short
RISEx AAVE/USDC	+0.0245%	1h	141.22	−0.036%	$184K	$280K	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	141.17	−0.073%	$110K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0256%	1h	141.35	+0.057%	$749K	$2.7M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0271%	1h	141.27	+0.001%	$3.4M	$2.1M	50x	as long as short
Backpack AAVE_USDC_PERP	+0.0302%	1h	141.40	+0.092%	$385K	$729K	10x	as long as short