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 +0.028%

Price spread now: Bitget against Kalshi−0.063%55s7-day average +0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as 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−$550.553% of the position

Long on Kalshi Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.162%+$16 on $10k

Price spread, last 7 days+0.121%+$12 · spread now −0.063%, 7d avg +0.028%

Together, before fees+0.283%+$28 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.092% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.063% now, against its 7-day average of +0.028%). If the spread goes back, that is −$9 on $10k: about 3.1 days of funding at the current rate (+$3 a day). The two prices were read 55 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	142.02	0	get 0.0000% / 8h	6h 31m	$56K	$1.5M	3.4x
Short	Bitget AAVEUSDT	141.93	0.0100	get 0.0100% / 8h	2h 31m	$29.0M	$18.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.063%Rate

Funding earned: $21
Price spread: −0.063% → +0.028%: −$9.17
Slippage, 4 orders: −$33.27
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$43.44
Costs to cover: 0.553%
Break-even: 21.5 days

Slippage from Kalshi: live order book, 2 min ago; Bitget: 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 Kalshi live order book, 2 min ago	4.56 bp	9.6 bp −$10	12.7 bp −$127	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	1.40 bp	11.0 bp −$11	17.9 bp −$179	37.3 bp −$3,734	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	142.06	+0.027%	$101K	$4K	10x	as long as short
Kalshi KXAAVEPERPlong	0.0000%	8h	142.02	long leg	$56K	$1.5M	3.4x
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	141.97	−0.035%	$216K	$394K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	141.98	−0.026%	$79K	—	150x	as long as short
Nado AAVE-PERP	+0.0023%	1h	141.97	−0.032%	$827K	$400K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.563%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	141.96	−0.045%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0067%	8h	141.98	−0.028%	$18K	$10K	10x	as long as short
Phemex AAVEUSDT	+0.0091%	8h	142.03	+0.007%	$4.0M	$3.6M	50x	as long as short
01 Exchange AAVEUSD	+0.0096%	1h	142.14	+0.084%	$10K	$2K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex AAVE-USD-PERP	+0.0100%	8h	142.07	+0.038%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.04	+0.014%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.10	+0.059%	$325K	$447K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	141.98	−0.030%	$63.4M	$189.9M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	141.96	−0.042%	$60.8M	$68.3M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	141.93	−0.063%	$17.0M	$64.3M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.20	+0.127%	$63K	$198K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.34	+0.224%	$57K	−$0	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	141.99	−0.021%	$8.0M	$16.1M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.04	+0.014%	$25.1M	$24.1M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	141.99	−0.021%	$10.2M	$9.4M	75x	as long as short
Bitget AAVEUSDTshort	+0.0100%	8h	141.93	−0.063%	$29.0M	$18.3M	75x
BingX AAVE-USDC	+0.0100%	8h	141.94	−0.056%	—	$6.5M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	142.78	+0.537%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.32	+0.210%	$105K	$282K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.34	+0.225%	$446K	$3.9M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.28	+0.183%	$132K	$222K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.08	+0.042%	$136K	$462K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.11	+0.065%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	141.96	−0.042%	$5K	$313K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.12	+0.068%	$679K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	141.91	−0.076%	$905K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.05	+0.018%	$120K	$146	10x	as long as short
Hyperliquid AAVE	+0.0111%	1h	142.15	+0.092%	$77.7M	$37.1M	10x	as long as short
Phoenix AAVE	+0.0118%	1h	142.85	+0.584%	$4K	$106K	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0151%	1h	142.19	+0.120%	$334K	$728K	10x	as long as short
RISEx AAVE/USDC	+0.0207%	1h	142.16	+0.098%	$190K	$253K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.34	+0.225%	$3.3M	$3.5M	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0239%	1h	142.05	+0.021%	$3.4M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	141.97	−0.033%	$111K	—	100x	as long as short
Lighter AAVE	+0.0296%	1h	142.30	+0.195%	$4.5M	$2.4M	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0376%	1h	142.15	+0.092%	$770K	$2.8M	50x	as long as short