Funding you earn now, next payment 04:00 UTC−0.0110%/8h= −12.1% APRpaid last 24h −0.002%
Price spread now: edgeX against Kalshi−0.036%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$190.194% of the position
Funding, last 7 days−0.175%−$18 on $10k
+Price spread, last 7 days−0.013%−$1 · spread now −0.036%, 7d avg −0.035%
=Together, before fees−0.188%+ Points / potential airdropedgeX: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXBTCPERP | 86,428 | 0.0210 | pay 0.0210% / 8h | 3h 36m | $10.1M | $761.9M | 6.4x |
| Short | edgeX BTCUSDC | 86,397.1 | 0.0100 | get 0.0050% / 4h | 3h 36m | $279.1M | $950.2M | 100x |
Kalshi KXBTCPERP
edgeX BTCUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Kalshi. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$23.13
- Price spread: −0.036% → −0.035%
- −$0.06
- Slippage, 4 orders
- −$0.42
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$42.61
- Costs to cover
- 0.194%
- Break-even
- never at this rate
Slippage from Kalshi: live order book, 2 min ago; edgeX: live order book, 2 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, 2 min ago | 0.06 bp | 5.2 bp −$5 | 6.5 bp −$65 | 7.3 bp −$728 | 11.7 bp −$5,858 |
| Sell edgeX live order book, 2 min ago | 0.01 bp | 4.5 bp −$5 | 4.5 bp −$45 | 4.7 bp −$471 | 5.8 bp −$2,919 |
BTC on 56 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0129% | 1h | 86,448 | +0.023% | $2.2M | $11.2M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,403 | −0.029% | $9K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0032% | 1h | 86,384.7 | −0.050% | $361K | $2.4M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 86,400.2 | −0.032% | $498K | $21.8M | 6.7x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 86,445.1 | +0.020% | $36.9M | — | 200x | as long as short |
| Aster BTCUSDT | +0.0020% | 8h | 86,427.8 | 0.000% | $501.2M | $1.14B | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0023% | 1h | 86,430 | +0.002% | $333K | $26.9M | 52x | as long as short |
| dYdX BTC-USD | +0.0024% | 1h | 86,450 | +0.025% | $16.9M | $20.5M | 50x | as long as short |
| Phemex BTCUSDT | +0.0025% | 8h | 86,423.1 | −0.006% | $154.0M | $474.1M | 150x | as long as short |
| KuCoin XBTUSDTM | +0.0038% | 8h | 86,442.4 | +0.017% | $831.5M | $722.0M | 125x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
Perpl BTC
gTrade (Gains Network) BTC/USD
Aster BTCUSDT
Injective BTC/USDC PERP
dYdX BTC-USD
Phemex BTCUSDT
KuCoin XBTUSDTMShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya BTCRUSDPERP | +0.0044% | 1h | 86,408.8 | −0.022% | $6.7M | $145.7M | 40x | as long as short |
| BingX BTC-USDT | +0.0050% | 8h | 86,441.8 | +0.016% | — | $1.58B | — | as long as short |
| RISEx BTC/USDC | +0.0052% | 1h | 86,403 | −0.029% | $8.3M | $42.5M | 25x | as long as short |
| Bitget BTCUSDT | +0.0062% | 8h | 86,433.8 | +0.007% | $2.97B | $5.04B | 150x | as long as short |
| Deribit BTC-PERPETUAL | +0.0077% | 1h | 86,463.1 | +0.041% | $903.4M | $1.51B | 50x | as long as short |
| Binance BTCUSDT | +0.0077% | 8h | 86,436 | +0.009% | $9.41B | $24.31B | 150x | as long as short |
| MEXC BTC_USDT | +0.0078% | 8h | 86,435.6 | +0.009% | $5.13B | $5.69B | 500x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 86,403.9 | −0.028% | $2.5M | $1.7M | 20x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,449.7 | +0.025% | $170.5M | $984.9M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,449.7 | +0.025% | $23.7M | $149.0M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,391 | −0.043% | $8.4M | $52.0M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,367 | −0.071% | $203K | $7.2M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,409.6 | −0.021% | $4.4M | $8.6M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,375.4 | −0.061% | $21.9M | $229.2M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,507 | +0.091% | $3.80B | $4.99B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,417.2 | −0.012% | $40.7M | $551.7M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 86,444.7 | +0.019% | $5.25B | $9.69B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,450 | +0.025% | $2.56B | $12.52B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,379 | −0.057% | $3.9M | $17.9M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,413.7 | −0.017% | $7.2M | $95.0M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,348 | −0.093% | $573.1M | $19.8M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 86,440.9 | +0.015% | $5.82B | $10.52B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,424.4 | −0.004% | $37.5M | $155.5M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,351.7 | −0.088% | $158.4M | $564.0M | — | as long as short |
| edgeX BTCUSDCshort | +0.0100% | 4h | 86,397.1 | −0.036% | $279.1M | $950.2M | 100x | |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,397.9 | −0.035% | $217.0M | $165.4M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,396.8 | −0.036% | $141.7M | $322.0M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,384.9 | −0.050% | $30.7M | $208.9M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,440.3 | +0.014% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,414 | −0.016% | $11.1M | $14.1M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,428.6 | +0.001% | $192K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,423.3 | −0.005% | $2.5M | $8.9M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 86,457.3 | +0.034% | $144K | $666K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,455.5 | +0.032% | $30.5M | $58.9M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,362.2 | −0.076% | $3.4M | $5.2M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 86,424 | −0.005% | $60.4M | $338.2M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 86,402.8 | −0.029% | $2.29B | $964.9M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,422.7 | −0.006% | $45.8M | $222.3M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,409.7 | −0.021% | — | $98.9M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0120% | 1h | 86,463.1 | +0.041% | $132.1M | $5.44B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0121% | 1h | 86,457.2 | +0.034% | $192.3M | $941.8M | 100x | as long as short |
| Hibachi BTC/USDT-P | +0.0160% | 1h | 86,395.8 | −0.037% | $710K | $8.0M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0166% | 1h | 86,422.8 | −0.006% | $78K | $217K | 20x | as long as short |
| BloFin BTC-USDT | +0.0197% | 8h | 86,425.1 | −0.003% | $416.3M | $648.1M | 150x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0203% / S −0.0217% | 1h | 86,440.3 | +0.014% | $14.5M | — | 200x | as long as short |
| Kalshi KXBTCPERPlong | +0.0210% | 8h | 86,428 | long leg | $10.1M | $761.9M | 6.4x |
Reya BTCRUSDPERP
BingX BTC-USDT
RISEx BTC/USDC
Bitget BTCUSDT
Deribit BTC-PERPETUAL
Binance BTCUSDT
MEXC BTC_USDT
Aevo BTC-PERP
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Nado BTC-PERP
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Gate BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
Derive BTC-PERP
SunX BTC-USDT
SoDEX BTC-USD
HTX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD
BloFin BTC-USDT
GMX BTC/USD [WBTC.b-USDC]