Settings8H · net · $10k
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Funding arb · Price arb /

ETH

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.25 per $10,000 · paid last 24h −0.011%
Price spread now: Kalshi against KuCoin+0.069%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$240.238% of the position
Long on KuCoinShort on Kalshi
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 7 days−0.034%−$3 · spread now +0.069%, 7d avg −0.008%
Together, before fees−0.066%−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Kalshi is 0.078% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ETHUSDTM2,771.10.0098pay 0.0098% / 8h1h 25m$423.1M$739.3M100x
ShortKalshi KXETHPERP2,7730.0123get 0.0123% / 8h5h 25m$8.5M$677.6M4.9x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi against KuCoin. 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

Funding earned
$5.27
Price spread: +0.069% → −0.008%
$7.77
Slippage, 4 orders
−$1.81
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Kalshi: 5 bp × 2 orders
−$10
Net
−$10.76
Costs to cover
0.238%
Break-even
21.3 days
Slippage from KuCoin: live order book, 3 min ago; Kalshi: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 3 min ago0.02 bp6.0 bp −$66.9 bp −$698.9 bp −$894doesn't fit
Sell Kalshi live order book, 3 min ago0.36 bp6.2 bp −$67.7 bp −$7711.7 bp −$1,16617.8 bp −$8,899

ETH on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ETH−0.0447%43m2,772.4+0.047%$287K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,771.2+0.005%$5.8M$12.0M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,772.9+0.066%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,770.3−0.028%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0040%1h2,772.2+0.040%$169K$1.2M50xas long as short
Aftermath Perps ETHUSD−0.0017%1h2,773.7+0.096%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,773.3+0.079%$12.7M$45.5M50xas long as short
Phoenix ETH0.0000%1h2,769.6−0.053%$883K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,773.3+0.079%$22.4M—200xas long as short
BingX ETH-USDT+0.0017%8h2,772.8+0.061%—$1.18B—as long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0021%8h2,772.8+0.061%$1.70B$11.85B100xas long as short
Phemex ETHUSDT+0.0023%8h2,771.8+0.024%$269.5M$68.7M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0027% / S +0.0009%1h2,773.2+0.076%$13.0M—200xas long as short
Aster ETHUSDT+0.0032%8h2,772.7+0.058%$255.9M$991.0M200xas long as short
Bullet ETH-USD+0.0036%1h2,772.3+0.045%$180K$1.7M20xas long as short
Deribit ETH-PERPETUAL+0.0053%1h2,772.9+0.065%$258.3M$222.2M50xas long as short
MEXC ETH_USDT+0.0060%8h2,771.2+0.005%$1.62B$2.66B500xas long as short
Binance ETHUSDT+0.0060%8h2,772.9+0.066%$6.42B$17.17B150xas long as short
Nado ETH-PERP+0.0060%1h2,772.1+0.038%$14.3M$118.1M50xas long as short
Aevo ETH-PERP+0.0064%1h2,769.5−0.058%$5.0M$636K20xas long as short
Bitget ETHUSDT+0.0071%8h2,772.8+0.062%$2.10B$3.10B150xas long as short
SoDEX ETH-USD+0.0072%1h2,771.2+0.004%$55.2M$228.9M40xas long as short
ApeX Omni ETHUSDT+0.0073%1h2,772.4+0.049%$8.8M$32.6M100xas long as short
Gate ETH_USDT+0.0074%8h2,772.9+0.065%$3.29B$9.62B200xas long as short
Bybit ETHUSDT+0.0093%8h2,772.8+0.062%$2.51B$4.61B150xas long as short
HTX ETH-USDT+0.0094%8h2,772.2+0.042%$1.08B$1.32B200xas long as short
Lighter ETH+0.0096%1h2,771.7+0.024%$115.0M$500.3M50xas long as short
Lighter RH ETH+0.0096%1h2,773.1+0.073%$25.3M$121.5M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,773.2+0.077%—$41.6M500xas long as short
KuCoin ETHUSDTMlong+0.0098%8h2,771.1long leg$423.1M$739.3M100x
Paradex ETH-USD-PERP+0.0100%8h2,770.9−0.005%$15.9M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,771.9+0.030%$476K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,775.3+0.151%$3.19B$2.37B25xas long as short
Pacifica ETH+0.0100%1h2,772.4+0.048%$31.2M$299.8M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,771−0.003%$2.8M$16.9M25xas long as short
Arcus ETH-USD+0.0100%1h2,773+0.069%$2.7M$17.5M25xas long as short
Bulk ETH-USD+0.0100%1h2,767.4−0.132%$166.0M$246.7M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,771.2+0.003%$15.1M$44.6M50xas long as short
Variational Omni ETH+0.0100%8h2,769.4−0.059%$135.0M$322.3M—as long as short
edgeX ETHUSDC+0.0100%4h2,770.7−0.013%$181.3M$782.1M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,772.9+0.067%$161.3M$91.2M50xas long as short
StandX ETH-USD+0.0100%1h2,774.1+0.109%$21.4M$58.0M40xas long as short
Vest ETH-PERP+0.0100%1h2,773+0.069%—$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,773.8+0.098%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,785.4+0.516%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,773.6+0.091%$42.7M$29.3M15xas long as short
SunX ETH-USDT+0.0100%8h2,770.5−0.021%$971K$14.0M100xas long as short
Extended ETH-USD+0.0104%1h2,770.7−0.014%$32.9M$77.3M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,772.4+0.047%$60.0M$4.59B50xas long as short
Kalshi KXETHPERPshort+0.0123%8h2,773+0.069%$8.5M$677.6M4.9x
Orderly PERP_ETH_USDC+0.0136%8h2,775.1+0.144%$32.5M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0170%1h2,772+0.032%$85.9M$331.5M100xas long as short
BloFin ETH-USDT+0.0180%8h2,773.1+0.071%$285.2M$194.4M150xas long as short
Reya ETHRUSDPERP+0.0191%1h2,772.4+0.047%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0192%1h2,775.1+0.146%$271K$1.5M20xas long as short