AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.002%

Price spread now: Kalshi against HTX−0.122%7-day average +0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$660.659% of the position

Long on HTX Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days+0.323%+$32 on $10k

Price spread, last 3 days (all we have)+0.171%+$17 · spread now −0.122%, 7d avg +0.050%

Together, before fees+0.494%+$49 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kalshi is 0.173% cheaper against HTX than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.050%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.323%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX AAVE-USDT	145.35	0.0100	pay 0.0100% / 8h	1h 08m	$696K	$5.0M	75x
Short	Kalshi KXAAVEPERP	145.17	0	get 0.0000% / 8h	5h 08m	$67K	$1.5M	3.4x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against HTX. 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 HTXbpFee KalshibpOrdersPrice spread, now −0.122%Rate

Funding earned: −$21
Price spread: −0.122% → +0.050%: −$17.26
Slippage, 4 orders: −$43.86
Fee HTX: 6 bp × 2 orders: −$12
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$104.13
Costs to cover: 0.659%
Break-even: never at this rate

Slippage from HTX: live order book, 1 min ago; Kalshi: live order book, 5 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 HTX live order book, 1 min ago	7.31 bp	13.4 bp −$13	45.1 bp −$451	doesn't fit	doesn't fit
Sell Kalshi live order book, 5 min ago	5.86 bp	19.7 bp −$20	29.1 bp −$291	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	−0.0128%	1h	145.25	−0.067%	$11K	$2K	5x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0094%	1h	145.16	−0.129%	$255K	$443K	50x	as long as short
Phoenix AAVE	−0.0045%	1h	145.09	−0.178%	$5K	$100K	10x	as long as short
SoDEX AAVE-USD	−0.0025%	1h	145.16	−0.129%	$5K	$298K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	145.31	−0.028%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERPshort	0.0000%	8h	145.17	−0.122%	$67K	$1.5M	3.4x
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	145.24	−0.074%	$70K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.771%	$422	$51K	12x	as long as short
MEXC AAVE_USDT	+0.0038%	8h	145.18	−0.116%	$30.7M	$26.0M	200x	as long as short
Binance AAVEUSDT	+0.0039%	8h	145.17	−0.120%	$66.2M	$185.2M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya AAVERUSDPERP	+0.0044%	1h	145.15	−0.139%	—	—	20x	as long as short
RISEx AAVE/USDC	+0.0046%	1h	145.30	−0.032%	$181K	$245K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0051%	8h	145.14	−0.143%	$18K	$12K	10x	as long as short
Kraken Futures PF_AAVEUSD	+0.0054%	1h	145.27	−0.051%	$3.5M	$2.1M	50x	as long as short
OKX AAVE-USDT-SWAP	+0.0057%	8h	145.13	−0.150%	$17.6M	$66.9M	50x	as long as short
Gate AAVE_USDT	+0.0066%	8h	145.22	−0.088%	$7.8M	$15.9M	75x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	145.19	−0.108%	$123K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	145.35	−0.001%	$4.7M	$1.6M	10x	as long as short
GRVT AAVE_USDT_Perp	+0.0099%	8h	145.02	−0.224%	$458K	$3.8M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	145.31	−0.025%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	145.24	−0.071%	$804K	$436K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	145.31	−0.026%	$79.9M	$33.8M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	145.30	−0.030%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	145.35	+0.001%	$332K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	145.19	−0.109%	$61.9M	$65.9M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	145.28	−0.047%	$50K	$273K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.13	−0.152%	$61K	$3K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	145.23	−0.081%	$9.9M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	145.19	−0.109%	$30.3M	$18.3M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	145.21	−0.095%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	145.47	+0.084%	$348K	$723K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	145.04	−0.215%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	145.06	−0.200%	$104K	$315K	20x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	145.10	−0.171%	$135K	$228K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	145.29	−0.040%	$127K	$467K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	145.16	−0.127%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDTlong	+0.0100%	8h	145.35	long leg	$696K	$5.0M	75x
Phemex AAVEUSDT	+0.0100%	8h	145.19	−0.109%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	145.13	−0.153%	$931K	$1.7M	50x	as long as short
BloFin AAVE-USDT	+0.0154%	8h	145.38	+0.022%	$3.5M	$4.0M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	145.22	−0.091%	$125K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0272%	1h	145.06	−0.198%	$787K	$3.0M	50x	as long as short