Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5396 | 0 | 0.0000% / 8h | 5h 14m | $119K | $3.1M | 1.6x | Long Kalshi | |
| SHORT | 0.5399 | +0.0096 | get 0.0012% / 1h | 14m 48s | $93K | $518K | 20x | Short Popdex |
Price gap+0.056%
Funding gap+0.0096% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.075% above its 7d average: +$7 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$26+0.0096% /8h now · paid +0.257% over the last 7D
Price+$7spread +0.056% now, avg −0.019% → +0.075% if it goes back
Costs−$500.504% of $10k · taker + slippage, in and out
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+0.056%
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 · 4 to watch- Watch: Large against open interest11.4 / 11.7 bp$10k is over 10% of Popdex’s open interest.
- Note: Margin at max leverage$5,900 + $500Kalshi 1.6x, Popdex 20x. 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: +$2.88Long Kalshi: 3 payments, $0.00; short Popdex: 24 payments, +$2.88.
- OK: Entry gap works for you+0.056% vs −0.019%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$93K vs $119K OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCKalshi Yes · Popdex NoA 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+0.0130%/8h × 21 periods+$27.37
Price spread+0.056% → −0.019% (7d avg)+$7.49
Slippage, 4 orderslive order books−$35.98
Fee Kalshi bp × 2 orders−$8.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$15.52
Costs to cover0.504%Break-even11.0 days
Slippage: Kalshi: live order book, just now; Popdex: live order book, 20 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKalshi7.4111.4 bp−$1120.6 bp−$206doesn’t fitdoesn’t fit
SELL · SHORTPopdex1.4011.7 bp−$12143.1 bp−$1,431doesn’t fitdoesn’t fit
Closing costs about the same again.
Reya