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 +0.041%

Price spread now: SunX against Kalshi+0.137%7-day average +0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs−$143as in the Funding arb table

Net, price: spread back to 7d avg − costs−$159as in the Price arb table

costs, in and out, $10k−$1651.649% of the position

Long on Kalshi Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.221%+$22 on $10k

Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.137%, 7d avg +0.073%

Together, before fees+0.170%+$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.064% dearer against Kalshi than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.073%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXAAVEPERP	143.55	0	get 0.0000% / 8h	6h 14m	$47K	$1.5M	3.4x
Short	SunX AAVE-USDT	143.75	0.0100	get 0.0100% / 8h	2h 14m	$1K	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.137%Rate

Funding earned: $21
Price spread: +0.137% → +0.073%: $6.37
Slippage, 4 orders: −$146.94
Fee Kalshi: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$137.57
Costs to cover: 1.649%
Break-even: 52.9 days

Slippage from Kalshi: live order book, 4 min ago; SunX: live order book, 10 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	0.35 bp	22.1 bp −$22	30.1 bp −$301	doesn't fit	doesn't fit
Sell SunX live order book, 10 min ago	44.91 bp	66.1 bp −$66	doesn't fit	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
dYdX AAVE-USD	0.0000%	1h	143.58	+0.022%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERPlong	0.0000%	8h	143.55	long leg	$47K	$1.5M	3.4x
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.70	+0.104%	$219K	$394K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.66	+0.079%	$80K	—	150x	as long as short
Nado AAVE-PERP	+0.0023%	1h	143.62	+0.049%	$838K	$400K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.591%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.62	+0.047%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0071%	8h	143.67	+0.084%	$18K	$10K	10x	as long as short
Phemex AAVEUSDT	+0.0093%	8h	143.68	+0.091%	$4.0M	$3.6M	50x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.61	+0.045%	$13K	$4K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster AAVEUSDT	+0.0100%	8h	143.77	+0.151%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.63	+0.057%	$328K	$448K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.76	+0.146%	$64.6M	$191.6M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.74	+0.132%	$61.7M	$68.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.72	+0.118%	$17.3M	$65.4M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.75	+0.139%	$64K	$198K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.28	−0.885%	$57K	−$0	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.73	+0.125%	$8.1M	$16.2M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	143.75	+0.139%	$25.2M	$24.2M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.77	+0.153%	$10.3M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.73	+0.125%	$29.4M	$18.4M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.72	+0.118%	—	$43.6M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	143.41	−0.097%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.49	−0.039%	$106K	$282K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.47	−0.056%	$457K	$3.9M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.59	+0.028%	$133K	$221K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.71	+0.111%	$142K	$468K	10x	as long as short
SunX AAVE-USDTshort	+0.0100%	8h	143.75	+0.137%	$1K	$1.3M	20x
SoDEX AAVE-USD	+0.0100%	1h	143.74	+0.132%	$5K	$313K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.91	+0.251%	$683K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.69	+0.095%	$911K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.73	+0.123%	$121K	$146	10x	as long as short
01 Exchange AAVEUSD	+0.0112%	1h	143.69	+0.098%	$11K	$2K	5x	as long as short
Hyperliquid AAVE	+0.0115%	1h	143.92	+0.258%	$78.6M	$37.2M	10x	as long as short
Phoenix AAVE	+0.0118%	1h	143.58	+0.021%	$4K	$106K	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0161%	1h	143.83	+0.195%	$341K	$729K	10x	as long as short
RISEx AAVE/USDC	+0.0207%	1h	143.70	+0.108%	$195K	$257K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.58	+0.021%	$3.3M	$3.6M	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0236%	1h	143.84	+0.205%	$3.4M	$2.1M	50x	as long as short
Lighter AAVE	+0.0248%	1h	143.95	+0.281%	$4.6M	$2.5M	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	143.66	+0.074%	$112K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0376%	1h	143.78	+0.160%	$768K	$2.9M	50x	as long as short