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 −0.020%

Price spread now: Kalshi against MEXC+0.035%7-day average −0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$350.347% of the position

Long on MEXC Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.138%−$14 on $10k

Price spread, last 7 days−0.037%−$4 · spread now +0.035%, 7d avg −0.059%

Together, before fees−0.175%−$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kalshi is 0.093% dearer against MEXC than usual: you sell high and buy low (spread +0.035% now, against its 7-day average of −0.059%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC AAVE_USDT	143.49	0.0100	pay 0.0100% / 8h	3h 30m	$25.7M	$23.9M	200x
Short	Kalshi KXAAVEPERP	143.54	0	get 0.0000% / 8h	7h 30m	$52K	$1.5M	3.4x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against MEXC. 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 MEXCbpFee KalshibpOrdersPrice spread, now +0.035%Rate

Funding earned: −$21
Price spread: +0.035% → −0.059%: $9.34
Slippage, 4 orders: −$24.72
Fee MEXC: 0 bp × 2 orders: $0
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$46.38
Costs to cover: 0.347%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Kalshi: 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 MEXC live order book, 4 min ago	0.35 bp	1.5 bp −$2	6.0 bp −$60	30.9 bp −$3,091	105.6 bp −$52.8K
Sell Kalshi live order book, 3 min ago	4.88 bp	17.8 bp −$18	25.7 bp −$257	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	143.52	+0.021%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERPshort	0.0000%	8h	143.54	+0.035%	$52K	$1.5M	3.4x
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.51	+0.014%	$219K	$397K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.54	+0.033%	$80K	—	150x	as long as short
Nado AAVE-PERP	+0.0030%	1h	143.55	+0.045%	$839K	$398K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.551%	$422	$51K	12x	as long as short
Phoenix AAVE	+0.0033%	1h	143.52	+0.021%	$4K	$106K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.50	+0.006%	—	—	20x	as long as short
Phemex AAVEUSDT	+0.0051%	8h	143.46	−0.021%	$4.0M	$3.6M	50x	as long as short
Orderly PERP_AAVE_USDC	+0.0056%	8h	143.49	0.000%	$18K	$10K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange AAVEUSD	+0.0088%	1h	143.54	+0.035%	$10K	$2K	5x	as long as short
Lighter AAVE	+0.0096%	1h	143.71	+0.153%	$4.6M	$2.3M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.30	−0.132%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.54	+0.032%	$1.2M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.52	+0.024%	$328K	$446K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.47	−0.017%	$64.1M	$188.4M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.44	−0.035%	$61.7M	$67.7M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.42	−0.049%	$17.1M	$64.6M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.61	+0.084%	$64K	$200K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.50	+0.007%	$8.1M	$16.1M	75x	as long as short
MEXC AAVE_USDTlong	+0.0100%	8h	143.49	long leg	$25.7M	$23.9M	200x
KuCoin AAVEUSDTM	+0.0100%	8h	143.53	+0.028%	$10.4M	$9.4M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.44	−0.035%	$29.2M	$18.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	143.50	+0.007%	—	$6.5M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	143.66	+0.118%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.25	−0.166%	$104K	$280K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.33	−0.112%	$457K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.28	−0.146%	$133K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.60	+0.077%	$132K	$449K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.50	+0.008%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.52	+0.021%	$5K	$309K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.54	+0.036%	$688K	$5.2M	75x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.31	−0.125%	$58K	$2K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.47	−0.016%	$905K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.55	+0.041%	$121K	$146	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0112%	1h	143.60	+0.077%	$337K	$720K	10x	as long as short
RISEx AAVE/USDC	+0.0132%	1h	143.55	+0.043%	$186K	$252K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.65	+0.112%	$3.3M	$3.6M	100x	as long as short
Hyperliquid AAVE	+0.0226%	1h	143.65	+0.112%	$78.7M	$37.0M	10x	as long as short
Kraken Futures PF_AAVEUSD	+0.0247%	1h	143.60	+0.077%	$3.4M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	143.55	+0.039%	$112K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0360%	1h	143.68	+0.132%	$788K	$2.8M	50x	as long as short