Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 346.47 | +0.0681 | pay 0.0681% / 8h | 4h 39m | $811K | $9.2M | 4.9x | Long Kalshi | |
| SHORT | 346.59 | −0.0264 | pay 0.0033% / 1h | 39m 24s | $286K | $664K | 25x | Short Entropy |
Price gap+0.033%
Funding gap−0.0945% /8h
The gap pays +$12 on $10k if it goes back to its 7d average, but funding costs $28 a day and eats that in about 10 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—−0.0945% /8h now · no funding history yet
Price+$12spread +0.033% now, avg −0.088% → +0.121% if it goes back
Costs−$360.364% of $10k · taker + slippage, in and out
Result—no pointsneeds 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+0.033%
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
/8hAAPL on 41 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size5.9 / 20.2 bpAt $10k entering Entropy costs 20.2 bp, fee and slippage, 3.4× Kalshi’s.
- Note: Margin at max leverage$2,015 + $400Kalshi 4.9x, Entropy 25x. 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: −$28.35Long Kalshi: 3 payments, −$20.42; short Entropy: 24 payments, −$7.93.
- OK: Entry gap works for you+0.033% vs −0.088%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$286K vs $811K OIEntropy sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCKalshi Yes · Entropy 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 earnedno history yet: current rate−$198.45
Price spread+0.033% → −0.088% (7d avg)+$12.15
Slippage, 4 orderslive order books−$26.62
Fee Kalshi bp × 2 orders−$8.00
Fee Entropy bp × 2 orders−$1.80
Net · 7 days · $10k−$222.73
Costs to cover0.364%Break-evennever at this rate
Slippage: Kalshi: live order book, 2 min ago; Entropy: live order book, 28 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKalshi1.875.9 bp−$66.5 bp−$65doesn’t fitdoesn’t fit
SELL · SHORTEntropy1.0120.2 bp−$2031.8 bp−$318doesn’t fitdoesn’t fit
Closing costs about the same again.
AAPL news
posts that mention AAPL or Apple, from every exchange| 11-05 12:39 | Kalshi | Listing | new market KXAAPLPERP ($AAPL) seen by our collector |
| 11-05 12:00 | Bitget | Other | $AAPL is back above a $5 trillion market cap, making it the world's most valuable company. Check out the full analysis to see what's next for $AAPL: @bitget on X ↗ |
| 11-05 09:40 | Kalshi | Other | JUST IN: Apple to begin scanning public iCloud links for harmful content @Kalshi on X ↗ |
| 11-05 03:15 | BingX | Other | Record iPhone sales, but is Apple losing its shine? 🍎 $AAPL posted $114.5B in Q4 revenue, beating expectations, but rising costs and weaker margin guidance cloud the outlook. Can Apple keep its momentum going? Read more👇 @BingXOfficial on X ↗ |
| 11-04 22:01 | Kalshi | Other | JUST IN: Apple is now worth more than Nvidia @Kalshi on X ↗ |
| 11-04 19:48 | Kalshi | Other | JUST IN: Apple cuts daily AI spending limits for some engineers from $300 to $200 @Kalshi on X ↗ |

Bitget
BingX