Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2,104.1 | +0.0270 | pay 0.0034% / 1h | 9m 28s | $38.4M | $8.3M | 6x | Long Entropy | |
| SHORT | 2,056.5 | +0.0050 | get 0.0050% / 8h | 4h 09m | $934K | $1.7M | — | Short BingX |
Price gap−2.263%
Funding gap−0.0220% /8h
The gap pays +$60 on $10k if it goes back to its 7d average, but funding costs $7 a day and eats that in about 9.0 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$39−0.0220% /8h now · paid −0.389% over the last 7D
Price+$60spread −2.263% now, avg −2.859% → +0.596% if it goes back
Costs−$260.263% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−2.263%
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
/8hANTHROPIC on 23 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- OK: Fits both order books7.7 / 6.0 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,667 + —Entropy 6x, BingX —. 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: −$6.59Long Entropy: 24 payments, −$8.09; short BingX: 3 payments, +$1.50.
- OK: Entry gap works for you−2.263% vs −2.859%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$934K vs $38.4M OIBingX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCEntropy No · BingX YesAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0185%/8h × 21 periods−$38.91
Price spread−2.263% → −2.859% (7d avg)+$59.55
Slippage, 4 orderslive order books−$14.53
Fee Entropy bp × 2 orders−$1.80
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$5.68
Costs to cover0.263%Break-evenfrom the start
Slippage: Entropy: live order book, 1 min ago; BingX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGEntropy0.247.7 bp−$833.4 bp−$334267.3 bp−$26.7Kdoesn’t fit
SELL · SHORTBingX0.586.0 bp−$66.0 bp−$6039.5 bp−$3,945214.5 bp−$107.3K
Closing costs about the same again.
| 09-29 14:46 | Kalshi | Other | JUST IN: Anthropic has filed for IPO. 75% chance they officially announce an IPO before 2027. @Kalshi on X ↗ |
| 09-29 14:33 | Kalshi | Other | JUST IN: Anthropic's Claude AI is currently down for many users worldwide @Kalshi on X ↗ |
| 09-29 11:00 | Kalshi | Other | JUST IN: Anthropic says AI will "transform the economy" more than electricity and the internet @Kalshi on X ↗ |
| 09-28 23:52 | Kalshi | Other | BREAKING: Anthropic files IPO prospectus with revenue up 1,088% to $4.6B @Kalshi on X ↗ |
| 09-28 18:53 | Kalshi | Other | JUST IN: Anthropic releases Claude Sonnet 5.5 @Kalshi on X ↗ |
| 09-28 17:00 | Kalshi | Other | BREAKING: FTX’s Anthropic stake would now be worth approximately $170B if it hadn’t sold @Kalshi on X ↗ |

Kalshi