Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5318 | L +0.0237S +0.0032 | pay 0.0030% / 1h | 31m 02s | $59K | — | 10x | Long Avantis | |
| SHORT | 0.5328 | −0.0523 | pay 0.0523% / 8h | 7h 31m | $86K | $3.9M | 1.6x | Short Kalshi |
Price gap+0.194%
Funding gap−0.0760% /8h
The gap pays +$19 on $10k if it goes back to zero (no 7-day history yet), but funding costs $23 a day and eats that in about 20 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$87−0.0760% /8h now · paid −0.869% over the last 7D
Price—spread +0.194% now · no price history on both exchanges yet
Costsno datano order book for Avantis
Result, before costs—+ Points / potential airdropAvantis: Season 3 · farm boardneeds both price histories
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.194%
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
/8hWLD on 39 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Note: Order book unknown—No order-book sample for Avantis: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $5,900Avantis 10x, Kalshi 1.6x. 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: −$22.79Long Avantis: 24 payments, −$7.11; short Kalshi: 3 payments, −$15.68.
- Note: No 7-day spread history+0.194%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$59K vs $86K OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legAvantis Season 3Volume here counts toward the points program.
- Watch: KYCAvantis 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−0.0414%/8h × 21 periods−$86.90
Price spread+0.194% → 0+$19.37
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee Kalshi bp × 2 orders−$8.00
Net, fees only · 7 days · $10k−$84.53
Costs to cover0.170%Break-evenfrom the start
Slippage: Avantis: no order-book sample; Kalshi: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTKalshi7.5111.5 bp−$1216.1 bp−$161doesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis: no data.
Reya