Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 8.9695 | +0.0096 | pay 0.0012% / 1h | 3m 01s | $3.2M | $1.3M | 15x | Long Lighter7d free | |
| SHORT | 8.9661 | 0 | 0.0000% / 8h | 7h 03m | $26K | $74K | 2.6x | Short Kalshi |
Price gap−0.038%
Funding gap−0.0096% /8h
Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.038% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—−0.0096% /8h now · no funding history yet
Price—spread −0.038% now · no price history on both exchanges yet
Costsno datano order book for Kalshi
Result, before costs—+ Points / potential airdropLighter: Season 3 · farm boardneeds funding history
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−0.038%
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 42 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Note: Order book unknown—No order-book sample for Kalshi: its slippage is not counted.
- Note: Margin at max leverage$666 + $3,837Lighter 15x, Kalshi 2.6x. 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: −$2.88Long Lighter: 24 payments, −$2.88; short Kalshi: 3 payments, $0.00.
- Note: No 7-day spread history−0.038%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$26K vs $3.2M OIKalshi sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3Volume here counts toward the points program.
- Watch: KYCLighter 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 earnedno history yet: current rate−$20.16
Price spread−0.038% → 0−$3.79
Slippage, 4 ordersno data for Kalshi—
Fee Lighter bp × 2 orders$0.00
Fee Kalshi bp × 2 orders−$8.00
Net, fees only · 7 days · $10k−$31.95
Costs to cover0.080%Break-evennever at this rate
Slippage: Lighter: live order book, 6 min ago; Kalshi: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGLighter2.563.3 bp−$35.6 bp−$5619.5 bp−$1,947doesn’t fit
SELL · SHORTKalshi—————
Closing costs about the same again.
Kalshi: no data.
| 09-30 13:34 | Kalshi | Listing | new market KXUNIPERP ($UNI) seen by our collector |
| 09-30 01:05 | Reya | Listing | UNIRUSDPERP no longer reported ($UNI) seen by our collector |
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| 09-24 06:34 | Bullet | Listing | new market UNI-USD ($UNI) seen by our collector |


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