Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG14.50100.0000% / 8h7h 03m$657K$1.0M3.7xLong Kalshi
SHORT14.486L +0.0146S −0.0060get 0.0007% / 1h3m 49s$146K—20xShort Avantis
Price gap−0.109%
Funding gap+0.0060% /8h

Funding pays +$2 a day on $10k, but the gap is 0.044% under its 7d average: −$4 if it goes back, about 2.4 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$10+0.0060% /8h now · paid +0.104% over the last 7D
Price−$4spread −0.109% now, avg −0.066% → −0.044% if it goes back
Costsno datano order book for Avantis
Result, before costs+$6+0.06%+ Points / potential airdropAvantis: Season 3 · farm boardcosts unknown: no order book for Avantis · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.109%
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

/8h

LINK on 41 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Note: Order book unknown—
    No order-book sample for Avantis: its slippage is not counted.
  • Note: Margin at max leverage$2,679 + $500
    Kalshi 3.7x, Avantis 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$1.79Long Kalshi: 3 payments, $0.00; short Avantis: 24 payments, +$1.79.
  • Watch: Gap narrower than usual−0.109% vs −0.066%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$146K vs $657K OI
    Avantis sets your exit cost. Check its book before closing.
  • OK: Points on a legAvantis Season 3
    Volume here counts toward the points program.
  • Watch: KYCKalshi Yes · Avantis No
    A US-regulated exchange: full KYC (ID, address, SSN when asked) before any trade.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0049%/8h × 21 periods+$10.36
Price spread−0.109% → −0.066% (7d avg)−$4.36
Slippage, 4 ordersno data for Avantis—
Fee Kalshi bp × 2 orders−$8.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$11.00
Costs to cover0.170%Break-even14.4 days
Slippage: Kalshi: live order book, 1 min ago; Avantis: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGKalshi6.7211.2 bp−$1120.3 bp−$203doesn’t fitdoesn’t fit
SELL · SHORTAvantis—————

Closing costs about the same again.
Avantis: no data.

Alert

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