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−0.086%7-day average +0.073% · you buy dearer than you sell

Net, funding: paid 7d − costs−$140as in the Funding arb table

Net, price: spread back to 7d avg − costs−$178as in the Price arb table

costs, in and out, $10k−$1621.618% 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)+0.172%+$17 · spread now −0.086%, 7d avg +0.073%

Together, before fees+0.393%+$39 on $10k · with fees, hour by hour

Funding pays, the price is against you. SunX is 0.159% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of +0.073%). If the spread goes back, that is −$16 on $10k: about 5.3 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	142.59	0	get 0.0000% / 8h	5h 44m	$51K	$1.5M	3.4x
Short	SunX AAVE-USDT	142.47	0.0100	get 0.0100% / 8h	1h 44m	$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 −0.086%Rate

Funding earned: $21
Price spread: −0.086% → +0.073%: −$15.93
Slippage, 4 orders: −$143.81
Fee Kalshi: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$156.75
Costs to cover: 1.618%
Break-even: 59.2 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	1.75 bp	6.8 bp −$7	15.2 bp −$152	doesn't fit	doesn't fit
Sell SunX live order book, 10 min ago	44.88 bp	66.0 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	142.74	+0.106%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERPlong	0.0000%	8h	142.59	long leg	$51K	$1.5M	3.4x
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.48	−0.077%	$217K	$396K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.55	−0.027%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.948%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.49	−0.068%	—	—	20x	as long as short
Nado AAVE-PERP	+0.0059%	1h	142.56	−0.018%	$827K	$401K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0077%	8h	142.47	−0.084%	$18K	$10K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	143.30	+0.498%	$4K	$108K	10x	as long as short
Lighter AAVE	+0.0096%	1h	142.62	+0.022%	$4.5M	$2.4M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex AAVE-USD-PERP	+0.0100%	8h	142.61	+0.011%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.48	−0.078%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.69	+0.072%	$326K	$449K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.46	−0.091%	$64.2M	$191.9M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.45	−0.098%	$61.2M	$68.4M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.43	−0.112%	$17.0M	$65.4M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.73	+0.098%	$64K	$197K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.88	+0.206%	$58K	−$0	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.48	−0.077%	$8.0M	$15.9M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.49	−0.070%	$25.0M	$24.0M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.49	−0.070%	$10.2M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.43	−0.112%	$29.1M	$18.4M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	142.44	−0.105%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.54	−0.035%	$335K	$723K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.34	−0.175%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.69	+0.071%	$107K	$283K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.76	+0.118%	$452K	$3.9M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.70	+0.077%	$133K	$223K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.61	+0.014%	$141K	$471K	10x	as long as short
SunX AAVE-USDTshort	+0.0100%	8h	142.47	−0.086%	$1K	$1.3M	20x
SoDEX AAVE-USD	+0.0100%	1h	142.47	−0.084%	$5K	$311K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.82	+0.161%	$678K	$5.3M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.49	−0.070%	$4.0M	$3.6M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.42	−0.117%	$906K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.50	−0.063%	$120K	$146	10x	as long as short
01 Exchange AAVEUSD	+0.0136%	1h	142.69	+0.070%	$10K	$2K	5x	as long as short
Hyperliquid AAVE	+0.0206%	1h	142.60	+0.007%	$78.0M	$37.2M	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.77	+0.126%	$3.3M	$3.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.54	−0.034%	$111K	—	100x	as long as short
RISEx AAVE/USDC	+0.0256%	1h	142.68	+0.061%	$195K	$262K	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	142.70	+0.077%	$756K	$2.9M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0316%	1h	142.59	+0.001%	$3.4M	$2.1M	50x	as long as short