AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.031%

Price spread now: MEXC against Kalshi−0.021%7-day average +0.060% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$340.336% of the position

Long on Kalshi Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.150%+$15 on $10k

Price spread, last 7 days+0.171%+$17 · spread now −0.021%, 7d avg +0.060%

Together, before fees+0.321%+$32 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.081% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.060%). If the spread goes back, that is −$8 on $10k: about 2.7 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXAAVEPERP	141.65	0	get 0.0000% / 8h	3h 48m	$46K	$1.4M	3.4x
Short	MEXC AAVE_USDT	141.62	0.0100	get 0.0100% / 8h	7h 48m	$22.9M	$24.1M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.021%Rate

Funding earned: $21
Price spread: −0.021% → +0.060%: −$8.14
Slippage, 4 orders: −$23.63
Fee Kalshi: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$20.78
Costs to cover: 0.336%
Break-even: 13.9 days

Slippage from Kalshi: live order book, just now; MEXC: live order book, 1 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, just now	2.82 bp	20.5 bp −$21	26.7 bp −$267	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	0.35 bp	0.4 bp $0	5.5 bp −$55	37.0 bp −$3,698	105.4 bp −$52.7K

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	141.60	−0.035%	$101K	$4K	10x	as long as short
Kalshi KXAAVEPERPlong	0.0000%	8h	141.65	long leg	$46K	$1.4M	3.4x
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	141.62	−0.021%	$214K	$392K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	141.63	−0.016%	$79K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.311%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	141.55	−0.069%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0086%	8h	141.60	−0.035%	$17K	$8K	10x	as long as short
Phoenix AAVE	+0.0096%	1h	141.55	−0.071%	$4K	$99K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	141.46	−0.133%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	141.59	−0.046%	$828K	$400K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid AAVE	+0.0100%	1h	141.79	+0.099%	$77.4M	$37.1M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	141.65	−0.003%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	141.52	−0.095%	$330K	$391K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	141.62	−0.021%	$63.6M	$192.3M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	141.62	−0.021%	$61.0M	$69.3M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	141.64	−0.007%	$16.6M	$65.0M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	141.65	0.000%	$94K	$224K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	141.50	−0.109%	$163K	$106K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	141.66	+0.007%	$8.1M	$15.9M	75x	as long as short
MEXC AAVE_USDTshort	+0.0100%	8h	141.62	−0.021%	$22.9M	$24.1M	200x
KuCoin AAVEUSDTM	+0.0100%	8h	141.62	−0.021%	$10.3M	$9.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	141.64	−0.007%	$28.8M	$18.0M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	141.62	−0.021%	—	$6.5M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	141.52	−0.091%	$3.7M	$1.2M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	141.24	−0.286%	$109K	$283K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	141.30	−0.250%	$452K	$3.5M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	141.25	−0.282%	$131K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	141.61	−0.028%	$134K	$484K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	141.47	−0.124%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	141.60	−0.035%	$5K	$299K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	141.72	+0.047%	$667K	$5.3M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	141.61	−0.028%	$3.9M	$3.6M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	141.57	−0.053%	$909K	$1.8M	50x	as long as short
01 Exchange AAVEUSD	+0.0104%	1h	141.62	−0.021%	$10K	$2K	5x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	141.63	−0.015%	$120K	$146	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0216%	1h	141.63	−0.014%	$754K	$2.7M	50x	as long as short
Lighter AAVE	+0.0216%	1h	141.82	+0.121%	$4.5M	$2.5M	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	141.56	−0.064%	$3.3M	$3.5M	100x	as long as short
RISEx AAVE/USDC	+0.0223%	1h	141.57	−0.054%	$178K	$296K	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0235%	1h	141.77	+0.085%	$385K	$732K	10x	as long as short
Kraken Futures PF_AAVEUSD	+0.0248%	1h	141.70	+0.032%	$3.4M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0360%	1h	141.63	−0.012%	$110K	—	100x	as long as short