Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 10.807 | +0.0474 | pay 0.0474% / 8h | 5h 08m | $425K | $390K | 3.7x | Long Kalshi | |
| SHORT | 10.794 | +0.0100 | get 0.0013% / 1h | 8m 17s | $202K | $286K | 15x | Short Backpack |
Price gap−0.113%
Funding gap−0.0374% /8h
Funding costs $11 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$89−0.0374% /8h now · paid −0.890% over the last 7D
Price−$1spread −0.113% now, avg −0.101% → −0.013% if it goes back
Costs−$310.313% of $10k · taker + slippage, in and out
Result−$122−1.22%no points
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−0.113%
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
/8hLINK on 42 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- OK: Fits both order books7.3 / 7.3 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$2,679 + $667Kalshi 3.7x, Backpack 15x. 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: −$11.21Long Kalshi: 3 payments, −$14.21; short Backpack: 24 payments, +$3.00.
- Note: Gap at its usual level−0.113% vs −0.101%The price leg adds little either way.
- Watch: Short leg is thinner$202K vs $425K OIBackpack sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCKalshi Yes · Backpack YesA 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−0.0424%/8h × 21 periods−$89.02
Price spread−0.113% → −0.101% (7d avg)−$1.28
Slippage, 4 orderslive order books−$13.34
Fee Kalshi bp × 2 orders−$8.00
Fee Backpack bp × 2 orders−$10.00
Net · 7 days · $10k−$121.64
Costs to cover0.313%Break-evennever at this rate
Slippage: Kalshi: live order book, 34 min ago; Backpack: live order book, 36 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKalshi3.177.3 bp−$719.3 bp−$193doesn’t fitdoesn’t fit
SELL · SHORTBackpack0.477.3 bp−$766.9 bp−$669doesn’t fitdoesn’t fit
Closing costs about the same again.
LINK news
posts that mention LINK, from every exchange| 11-09 04:56 | Binance | Other | Latest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: Newly Re-enabled Networks for Alpha: ✅ BSC ✅ ETH ✅ BASE ✅ ARBITRUM Already Enabled: ✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD ✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ, JASMY, PUNDIX, BTC, BAT, STRK, POL, ANIME, LSK, RE, BREV, RLC, AMP, PLUME, BLUR, WBETH, ZBT, ENSO, AVA, TUSD ✅ SOL: USD1, PUMP, FDUSD, BMT, RENDER, RAY, TRUMP, MET, PENGU, JUP, PYTH, BONK, KMNO, BNSOL, ORCA, WIF, W, HUMA, JTO, IO, 2Z, BOME ✅ HYPE ✅ APT We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗ |
| 11-08 08:52 | Binance | Other | Latest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: New: ✅ HYPE ✅ APT Already Enabled: ✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD ✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ, JASMY, PUNDIX, BTC, BAT, STRK, POL, ANIME, LSK, RE, BREV, RLC, AMP, PLUME, BLUR, WBETH, ZBT, ENSO, AVA, TUSD ✅ SOL: USD1, PUMP, FDUSD, BMT, RENDER, RAY, TRUMP, MET, PENGU, JUP, PYTH, BONK, KMNO, BNSOL, ORCA, WIF, W, HUMA, JTO, IO, 2Z, BOME We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗ |
| 11-03 07:08 | Binance | Other | Latest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: New: ✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ, JASMY, PUNDIX, BTC, BAT, STRK, POL, ANIME, LSK, RE, BREV, RLC, AMP, PLUME, BLUR, WBETH, ZBT, ENSO, AVA, TUSD ✅ SOL: USD1, PUMP, FDUSD, BMT, RENDER, RAY, TRUMP, MET, PENGU, JUP, PYTH, BONK, KMNO, BNSOL, ORCA, WIF, W, HUMA, JTO, IO, 2Z, BOME Already Enabled: ✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗ |
| 10-29 18:30 | OKX | Other | A fresh X Drops Club just landed in Europe: @CetusProtocol Trade CETUS, HYPE, ENA, LIT, GRASS, GRVT, FET, HUMA or LINK for a share of 4.5M $CETUS, with CETUS trades counting 5×. This one moves fast. Get in before Nov 1. @okx on X ↗ |
| 10-28 16:00 | OKX | Other | Europe, your next X Drops basket is here. ZEC, NEAR, SUI, TAO, PEPE, WLD, LINK, PUMP, ONDO and ZAMA are in, with 3.4M $ZAMA up for grabs. Trade @zama for 3× rewards. @okx on X ↗ |
| 10-23 14:30 | Lighter RH | Listing | new market LINK ($LINK) seen by our collector |


Binance
OKX
Lighter RH