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 −0.026%

Price spread now: Kalshi against Gate+0.021%7-day average −0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$630.629% of the position

Long on Gate Short on Kalshi

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+0.007%+$1 · spread now +0.021%, 7d avg −0.048%

Together, before fees−0.127%−$13 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kalshi is 0.069% dearer against Gate than usual: you sell high and buy low (spread +0.021% now, against its 7-day average of −0.048%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AAVE_USDT	142.79	0.0100	pay 0.0100% / 8h	4h 20m	$8.1M	$15.9M	75x
Short	Kalshi KXAAVEPERP	142.82	0	get 0.0000% / 8h	20m 01s	$46K	$1.5M	3.4x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against Gate. 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 GatebpFee KalshibpOrdersPrice spread, now +0.021%Rate

Funding earned: −$21
Price spread: +0.021% → −0.048%: $6.89
Slippage, 4 orders: −$37.93
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$77.04
Costs to cover: 0.629%
Break-even: never at this rate

Slippage from Gate: live order book, 4 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 Gate live order book, 4 min ago	1.05 bp	12.0 bp −$12	26.8 bp −$268	45.4 bp −$4,544	51.7 bp −$25.9K
Sell Kalshi live order book, 3 min ago	8.05 bp	14.6 bp −$15	22.7 bp −$227	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	−0.0144%	1h	142.74	−0.035%	$10K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	142.88	+0.063%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERPshort	0.0000%	8h	142.82	+0.021%	$46K	$1.5M	3.4x
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.77	−0.014%	$219K	$401K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.81	+0.015%	$80K	—	150x	as long as short
Nado AAVE-PERP	+0.0011%	1h	142.84	+0.039%	$842K	$448K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.083%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.72	−0.053%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0049%	8h	142.75	−0.028%	$18K	$10K	10x	as long as short
Phoenix AAVE	+0.0056%	1h	142.95	+0.112%	$4K	$102K	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	142.90	+0.078%	$4.5M	$2.0M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	142.89	+0.071%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	142.85	+0.042%	$76.9M	$35.5M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.81	+0.014%	$1.2M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.87	+0.059%	$327K	$448K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.75	−0.028%	$63.8M	$186.5M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.78	−0.007%	$61.1M	$67.1M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.77	−0.014%	$17.1M	$64.1M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.94	+0.105%	$64K	$203K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.88	+0.063%	$58K	$2K	10x	as long as short
Gate AAVE_USDTlong	+0.0100%	8h	142.79	long leg	$8.1M	$15.9M	75x
MEXC AAVE_USDT	+0.0100%	8h	142.78	−0.007%	$25.2M	$23.8M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.79	0.000%	$10.5M	$9.3M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.69	−0.070%	$29.0M	$18.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	142.76	−0.021%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.85	+0.042%	$336K	$719K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.71	−0.057%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.74	−0.037%	$103K	$279K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.72	−0.050%	$459K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.82	+0.021%	$133K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.79	0.000%	$125K	$386K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.71	−0.054%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.78	−0.007%	$5K	$292K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.97	+0.123%	$688K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.72	−0.049%	$4.0M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.74	−0.037%	$896K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.81	+0.011%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0136%	1h	142.89	+0.067%	$178K	$241K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.68	−0.077%	$3.3M	$3.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.81	+0.012%	$112K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0324%	1h	142.87	+0.054%	$3.4M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	142.95	+0.112%	$793K	$2.8M	50x	as long as short