Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 119.20 | 0 | 0.0000% / 8h | 3h 51m | $121K | $1.8M | 3.3x | Long Kalshi | |
| SHORT | 119.48 | +0.0040 | get 0.0005% / 1h | 51m 03s | $102K | $428K | 10x | Short Lighter RH+10% pts |
Price gap+0.235%
Funding gap+0.0040% /8h
Both sides work: funding pays +$1 a day on $10k, and the gap is 0.164% above its 7d average: +$16 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$16+0.0040% /8h now · paid +0.158% over the last 7D
Price+$16spread +0.235% now, avg +0.071% → +0.164% if it goes back
Costs−$310.306% of $10k · taker + slippage, in and out
Result+$2+0.02%+ Points / potential airdropLighter RH: Points live · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.235%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hAAVE on 45 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books12.1 / 4.2 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$2,966 + $1,000Kalshi 3.3x, Lighter RH 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.20Long Kalshi: 3 payments, $0.00; short Lighter RH: 24 payments, +$1.20.
- OK: Entry gap works for you+0.235% vs +0.071%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$102K vs $121K OILighter RH sets your exit cost. Check its book before closing.
- OK: Points on a legLighter RH Points liveVolume here counts toward the points program.
- Watch: KYCKalshi Yes · Lighter RH NoA US-regulated exchange: full KYC (ID, address, SSN when asked) before any trade.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0082%/8h × 21 periods+$17.23
Price spread+0.235% → +0.071% (7d avg)+$16.39
Slippage, 4 orderslive order books−$22.64
Fee Kalshi bp × 2 orders−$8.00
Fee Lighter RH bp × 2 orders$0.00
Net · 7 days · $10k+$2.98
Costs to cover0.306%Break-even5.8 days
Slippage: Kalshi: live order book, 1 min ago; Lighter RH: live order book, 25 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKalshi2.1012.1 bp−$1221.9 bp−$219doesn’t fitdoesn’t fit
SELL · SHORTLighter RH3.234.2 bp−$420.0 bp−$200doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-23 14:30 | Lighter RH | Listing | new market AAVE ($AAVE) seen by our collector |
| 10-15 08:55 | Reya | Listing | new market AAVERUSDPERP ($AAVE) seen by our collector |
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