Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7.0170 | +0.0100 | pay 0.0013% / 1h | 9m 02s | $257K | $162K | 10x | Long Arcus5% off | |
| SHORT | 7.0193 | 0 | 0.0000% / 8h | 1h 09m | $154K | $137K | 2.8x | Short Kalshi |
Price gap+0.033%
Funding gap−0.0100% /8h
Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.066% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$8−0.0100% /8h now · paid −0.078% over the last 7D
Price−$7spread +0.033% now, avg +0.099% → −0.066% if it goes back
Costs−$380.375% of $10k · taker + slippage, in and out
Result−$52−0.52%+ Points / potential airdropArcus: points · 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+0.033%
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
/8hUNI on 46 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books5.9 / 11.8 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $3,535Arcus 10x, Kalshi 2.8x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$3.00Long Arcus: 24 payments, −$3.00; short Kalshi: 3 payments, $0.00.
- Watch: Gap narrower than usual+0.033% vs +0.099%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$154K vs $257K OIKalshi sets your exit cost. Check its book before closing.
- OK: Points on a legArcus pointsVolume here counts toward the points program.
- Watch: KYCArcus No · Kalshi 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−0.0037%/8h × 21 periods−$7.81
Price spread+0.033% → +0.099% (7d avg)−$6.57
Slippage, 4 orderslive order books−$25.03
Fee Arcus bp × 2 orders−$4.50
Fee Kalshi bp × 2 orders−$8.00
Net · 7 days · $10k−$51.91
Costs to cover0.375%Break-evennever at this rate
Slippage: Arcus: live order book, 10 min ago; Kalshi: live order book, 10 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGArcus2.135.9 bp−$612.7 bp−$127doesn’t fitdoesn’t fit
SELL · SHORTKalshi7.6711.8 bp−$1220.4 bp−$204doesn’t fitdoesn’t fit
Closing costs about the same again.
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