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 −0.031%

Price spread now: Kalshi against BingX+0.112%7-day average −0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$630.630% of the position

Long on BingX Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.193%−$19 on $10k

Price spread, last 4 days (all we have)+0.375%+$37 · spread now +0.112%, 7d avg −0.065%

Together, before fees+0.182%+$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kalshi is 0.177% dearer against BingX than usual: you sell high and buy low (spread +0.112% now, against its 7-day average of −0.065%): +$18 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AAVE-USDC	143.20	0.0100	pay 0.0100% / 8h	5h 07m	—	$6.5M	—
Short	Kalshi KXAAVEPERP	143.36	0	get 0.0000% / 8h	1h 07m	$59K	$1.5M	3.4x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against BingX. 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 BingXbpFee KalshibpOrdersPrice spread, now +0.112%Rate

Funding earned: −$21
Price spread: +0.112% → −0.065%: $17.69
Slippage, 4 orders: −$43.03
Fee BingX: 5 bp × 2 orders: −$10
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$66.35
Costs to cover: 0.630%
Break-even: never at this rate

Slippage from BingX: live order book, 8 min ago; Kalshi: live order book, just now.

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 BingX live order book, 8 min ago	0.69 bp	14.4 bp −$14	35.6 bp −$356	245.7 bp −$24.6K	655.5 bp −$327.7K
Sell Kalshi live order book, just now	0.35 bp	28.0 bp −$28	37.6 bp −$376	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	+0.070%	$10K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.45	+0.176%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERPshort	0.0000%	8h	143.36	+0.112%	$59K	$1.5M	3.4x
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.37	+0.119%	$227K	$389K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.41	+0.148%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.358%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.31	+0.076%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0046%	8h	143.34	+0.098%	$18K	$10K	10x	as long as short
Nado AAVE-PERP	+0.0058%	1h	143.31	+0.077%	$827K	$433K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	143.75	+0.384%	$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	143.54	+0.235%	$4.6M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.45	+0.172%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.40	+0.140%	$77.6M	$34.9M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.35	+0.105%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.42	+0.155%	$326K	$434K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.18	−0.014%	$64.1M	$182.6M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.21	+0.007%	$61.2M	$64.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.19	−0.007%	$17.1M	$63.1M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.34	+0.098%	$44K	$179K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.07	+0.611%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.22	+0.014%	$7.8M	$15.2M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	143.19	−0.007%	$25.9M	$23.7M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.28	+0.056%	$10.7M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.19	−0.007%	$30.0M	$17.4M	75x	as long as short
BingX AAVE-USDClong	+0.0100%	8h	143.20	long leg	—	$6.5M	—
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.38	+0.126%	$320K	$692K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.66	+0.319%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.67	+0.327%	$103K	$278K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.74	+0.378%	$451K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.90	+0.489%	$134K	$219K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.36	+0.112%	$128K	$422K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.29	+0.064%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.33	+0.091%	$5K	$301K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.55	+0.244%	$691K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.39	+0.133%	$4.0M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.17	−0.022%	$913K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.77	−0.300%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0195%	1h	143.36	+0.113%	$184K	$237K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.36	+0.112%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0263% / S −0.0420%	1h	143.38	+0.123%	$124K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0268%	1h	143.46	+0.183%	$3.5M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	143.93	+0.510%	$782K	$2.8M	50x	as long as short