AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.63 per $10,000 · paid last 24h −0.011%

Price spread now: Kalshi against OKX+0.048%7-day average −0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$490.493% of the position

Long on OKX Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.100%−$10 on $10k

Price spread, last 3 days (all we have)+0.050%+$5 · spread now +0.048%, 7d avg −0.053%

Together, before fees−0.050%−$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kalshi is 0.101% dearer against OKX than usual: you sell high and buy low (spread +0.048% now, against its 7-day average of −0.053%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AAVE-USDT-SWAP	145.91	0.0063	pay 0.0063% / 8h	7h 38m	$17.9M	$67.0M	50x
Short	Kalshi KXAAVEPERP	145.98	0	get 0.0000% / 8h	3h 38m	$77K	$1.5M	3.4x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against OKX. 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 OKXbpFee KalshibpOrdersPrice spread, now +0.048%Rate

Funding earned: −$13.3
Price spread: +0.048% → −0.053%: $10.12
Slippage, 4 orders: −$29.25
Fee OKX: 5 bp × 2 orders: −$10
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$52.44
Costs to cover: 0.493%
Break-even: never at this rate

Slippage from OKX: live order book, 6 min ago; Kalshi: live order book, 5 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 OKX live order book, 6 min ago	0.34 bp	8.6 bp −$9	17.7 bp −$177	doesn't fit	doesn't fit
Sell Kalshi live order book, 5 min ago	6.84 bp	11.8 bp −$12	18.3 bp −$183	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
Kraken Futures PF_AAVEUSD	−0.0185%	1h	145.89	−0.012%	$3.5M	$2.1M	50x	as long as short
01 Exchange AAVEUSD	−0.0136%	1h	145.71	−0.137%	$11K	$2K	5x	as long as short
SoDEX AAVE-USD	−0.0095%	1h	145.81	−0.069%	$5K	$305K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0024%	1h	145.85	−0.041%	$254K	$373K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	145.78	−0.091%	$104K	$4K	10x	as long as short
Kalshi KXAAVEPERPshort	0.0000%	8h	145.98	+0.048%	$77K	$1.5M	3.4x
Phoenix AAVE	0.0000%	1h	146.21	+0.206%	$5K	$102K	10x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	145.86	−0.032%	$71K	—	150x	as long as short
Binance AAVEUSDT	+0.0022%	8h	145.86	−0.034%	$66.1M	$186.2M	75x	as long as short
MEXC AAVE_USDT	+0.0023%	8h	145.81	−0.069%	$29.2M	$25.8M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.134%	$422	$51K	12x	as long as short
Gate AAVE_USDT	+0.0037%	8h	145.84	−0.048%	$7.9M	$15.2M	75x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	145.77	−0.097%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0048%	8h	145.79	−0.082%	$18K	$10K	10x	as long as short
Phemex AAVEUSDT	+0.0060%	8h	145.79	−0.082%	$4.1M	$3.8M	50x	as long as short
Bybit AAVEUSDT	+0.0062%	8h	145.88	−0.021%	$62.4M	$65.5M	75x	as long as short
OKX AAVE-USDT-SWAPlong	+0.0063%	8h	145.91	long leg	$17.9M	$67.0M	50x
ApeX Omni AAVEUSDT	+0.0069%	1h	145.93	+0.014%	$136K	$230K	50x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	145.83	−0.056%	$123K	$146	10x	as long as short
BloFin AAVE-USDT	+0.0094%	8h	145.78	−0.089%	$3.5M	$4.0M	100x	as long as short
Lighter AAVE	+0.0096%	1h	146.01	+0.071%	$4.7M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	145.86	−0.031%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	145.70	−0.140%	$797K	$446K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	145.93	+0.014%	$79.6M	$35.3M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	145.90	−0.006%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	145.78	−0.092%	$333K	$503K	10x	as long as short
Arcus AAVE-USD	+0.0100%	1h	145.84	−0.048%	$46K	$278K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.72	−0.130%	$61K	−$0	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	145.89	−0.014%	$10.0M	$8.8M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	145.86	−0.034%	$30.3M	$18.1M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	145.92	+0.007%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.02	+0.075%	$346K	$733K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	146.08	+0.118%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	146.02	+0.072%	$105K	$317K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	146.12	+0.142%	$462K	$3.9M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	145.87	−0.027%	$128K	$427K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	145.78	−0.086%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.12	+0.146%	$698K	$5.1M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	145.77	−0.093%	$932K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0107%	1h	145.88	−0.024%	$185K	$246K	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0269% / S −0.0449%	1h	145.85	−0.044%	$128K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	145.86	−0.034%	$784K	$3.1M	50x	as long as short