AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0137%/8h= +15.0% APRnext payment +$1.37 per $10,000 · paid last 24h +0.058%

Price spread now: BloFin against Kalshi+0.042%7-day average +0.099% · you sell dearer than you buy

Net, funding: paid 7d − costs−$10as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$470.475% of the position

Long on Kalshi Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.375%+$37 on $10k

Price spread, last 3 days (all we have)+0.127%+$13 · spread now +0.042%, 7d avg +0.099%

Together, before fees+0.502%+$50 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.057% cheaper against Kalshi than usual: you would sell low and buy high (spread +0.042% now, against its 7-day average of +0.099%). If the spread goes back, that is −$6 on $10k: about 33 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXAAVEPERP	144.24	0	get 0.0000% / 8h	5h 44m	$67K	$1.5M	3.4x
Short	BloFin AAVE-USDT	144.30	0.0137	get 0.0137% / 8h	1h 44m	$3.4M	$4.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.042%Rate

Funding earned: $28.69
Price spread: +0.042% → +0.099%: −$5.7
Slippage, 4 orders: −$25.49
Fee Kalshi: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$24.51
Costs to cover: 0.475%
Break-even: 13.0 days

Slippage from Kalshi: live order book, 4 min ago; BloFin: live order book, 4 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, 4 min ago	7.64 bp	12.6 bp −$13	18.3 bp −$183	doesn't fit	doesn't fit
Sell BloFin live order book, 4 min ago	1.04 bp	7.4 bp −$7	13.8 bp −$138	32.5 bp −$3,251	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	−0.0184%	1h	144.49	+0.173%	$11K	$2K	5x	as long as short
SoDEX AAVE-USD	−0.0064%	1h	144.33	+0.062%	$5K	$298K	10x	as long as short
Phoenix AAVE	−0.0045%	1h	143.99	−0.173%	$5K	$100K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0027%	1h	144.35	+0.076%	$253K	$480K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.47	+0.160%	$103K	$5K	10x	as long as short
Kalshi KXAAVEPERPlong	0.0000%	8h	144.24	long leg	$67K	$1.5M	3.4x
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.39	+0.101%	$70K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.047%	$422	$51K	12x	as long as short
MEXC AAVE_USDT	+0.0034%	8h	144.45	+0.146%	$31.1M	$25.7M	200x	as long as short
Binance AAVEUSDT	+0.0035%	8h	144.47	+0.159%	$65.6M	$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	144.25	+0.009%	—	—	20x	as long as short
RISEx AAVE/USDC	+0.0046%	1h	144.52	+0.193%	$180K	$246K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0047%	8h	144.49	+0.173%	$17.4M	$66.2M	50x	as long as short
Orderly PERP_AAVE_USDC	+0.0050%	8h	144.33	+0.062%	$18K	$12K	10x	as long as short
Kraken Futures PF_AAVEUSD	+0.0054%	1h	144.45	+0.144%	$3.5M	$2.1M	50x	as long as short
Bulk AAVE-USD	+0.0056%	1h	143.94	−0.208%	$60K	$3K	10x	as long as short
Gate AAVE_USDT	+0.0072%	8h	144.45	+0.146%	$7.8M	$15.8M	75x	as long as short
GRVT AAVE_USDT_Perp	+0.0086%	8h	144.06	−0.121%	$455K	$3.8M	10x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	144.36	+0.080%	$122K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	144.57	+0.230%	$4.6M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.40	+0.111%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	144.27	+0.021%	$799K	$437K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.48	+0.166%	$79.2M	$33.9M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.40	+0.111%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.40	+0.111%	$329K	$505K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.48	+0.166%	$61.4M	$65.6M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.48	+0.166%	$50K	$273K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.38	+0.097%	$10.0M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.46	+0.153%	$30.1M	$18.3M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	144.46	+0.153%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.45	+0.146%	$381K	$709K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.94	−0.207%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.98	−0.179%	$102K	$315K	20x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.17	−0.049%	$134K	$229K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.38	+0.097%	$126K	$467K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.29	+0.037%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.43	+0.130%	$718K	$4.9M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.33	+0.062%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.43	+0.130%	$924K	$1.8M	50x	as long as short
BloFin AAVE-USDTshort	+0.0137%	8h	144.30	+0.042%	$3.4M	$4.5M	100x
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	144.39	+0.101%	$124K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0272%	1h	143.80	−0.305%	$772K	$3.0M	50x	as long as short