AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.010%

Price spread now: OKX against Kalshi+0.007%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$500.499% of the position

Long on Kalshi Short on OKX

What this pair did over the last

the charts below follow

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

Price spread, last 7 days−0.059%−$6 · spread now +0.007%, 7d avg +0.038%

Together, before fees+0.040%+$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.031% cheaper against Kalshi than usual: you would sell low and buy high (spread +0.007% now, against its 7-day average of +0.038%). If the spread goes back, that is −$3 on $10k: about 25 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.100% in total) that is about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXAAVEPERP	142.77	0	get 0.0000% / 8h	1h 04m	$53K	$1.5M	3.4x
Short	OKX AAVE-USDT-SWAP	142.78	0.0100	get 0.0100% / 8h	5h 04m	$17.1M	$63.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.007%Rate

Funding earned: $21
Price spread: +0.007% → +0.038%: −$3.13
Slippage, 4 orders: −$29.9
Fee Kalshi: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$32.03
Costs to cover: 0.499%
Break-even: 17.7 days

Slippage from Kalshi: live order book, 4 min ago; OKX: 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 Kalshi live order book, 4 min ago	0.35 bp	5.3 bp −$5	9.7 bp −$97	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	0.35 bp	7.9 bp −$8	12.7 bp −$127	54.2 bp −$5,421	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
Deribit AAVE_USDC-PERPETUAL	−0.0591%	1h	142.65	−0.084%	$226K	$392K	50x	as long as short
01 Exchange AAVEUSD	−0.0056%	1h	142.86	+0.063%	$10K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.03	+0.180%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERPlong	0.0000%	8h	142.77	long leg	$53K	$1.5M	3.4x
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.78	+0.010%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.069%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.68	−0.065%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0045%	8h	142.73	−0.028%	$18K	$10K	10x	as long as short
Nado AAVE-PERP	+0.0062%	1h	142.78	+0.007%	$830K	$436K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	143.30	+0.371%	$5K	$98K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AAVE	+0.0096%	1h	142.96	+0.136%	$4.6M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	142.87	+0.071%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	142.89	+0.084%	$77.3M	$35.0M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.77	−0.003%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.98	+0.146%	$325K	$434K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.75	−0.014%	$63.9M	$183.0M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.76	−0.007%	$61.0M	$64.9M	75x	as long as short
OKX AAVE-USDT-SWAPshort	+0.0100%	8h	142.78	+0.007%	$17.1M	$63.1M	50x
Arcus AAVE-USD	+0.0100%	1h	142.87	+0.070%	$44K	$179K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.99	+0.156%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.78	+0.007%	$7.8M	$15.3M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.76	−0.007%	$25.7M	$23.7M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.81	+0.028%	$10.6M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.75	−0.014%	$29.9M	$17.4M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	142.75	−0.014%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.85	+0.056%	$318K	$694K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.80	+0.019%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.18	+0.286%	$103K	$278K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.38	+0.425%	$448K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.44	+0.469%	$133K	$219K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.86	+0.063%	$127K	$423K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.70	−0.047%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.73	−0.028%	$5K	$303K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.12	+0.244%	$689K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.83	+0.042%	$4.0M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.68	−0.064%	$909K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.78	+0.009%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0195%	1h	142.91	+0.095%	$180K	$238K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.79	+0.014%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0263% / S −0.0420%	1h	142.77	+0.001%	$123K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0269%	1h	142.86	+0.061%	$3.4M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	142.73	−0.028%	$771K	$2.8M	50x	as long as short