Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,910.1 | 0 | 0.0000% / 8h | 1h 52m | $2.2M | $1.1M | 50x | Long Gate | |
| SHORT | 1,896.7 | +0.0083 | get 0.0010% / 1h | 52m 39s | $1.0M | $157K | 6x | Short Phoenix |
Price gap−0.699%62s
Funding gap+0.0083% /8h
Funding pays +$3 a day on $10k, but the gap is 0.472% under its 7d average: −$47 if it goes back, about 19 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$3+0.0083% /8h now · paid −0.028% over the last 7D
Price—spread −0.699%62s now · prices read too far apart to compare
Costs−$4484.483% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
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−0.699%
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 26 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Watch: Thin at this size220.4 / 43.9 bpAt $10k entering Gate costs 220.4 bp, fee and slippage, 5.0× Phoenix’s.
- Note: Margin at max leverage$200 + $1,667Gate 50x, Phoenix 6x. 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: +$2.50Long Gate: 3 payments, $0.00; short Phoenix: 24 payments, +$2.50.
- Watch: Prices read 62 s apart−0.699% vs −0.227%Part of this gap may be the market moving.
- Note: Short leg is thinner$1.0M vs $2.2M OIBoth legs are deep; Phoenix is the smaller one.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCGate Yes · Phoenix NoKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0014%/8h × 21 periods−$2.84
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$426.27
Fee Gate bp × 2 orders−$15.00
Fee Phoenix bp × 2 orders−$7.00
Net · 7 days · $10k−$451.11
price spread not counted: prices read too far apartCosts to cover4.483%Break-evennever at this rate
Slippage: Gate: live order book, 4 min ago; Phoenix: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate16.08220.4 bp−$220doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTPhoenix3.1543.9 bp−$44277.0 bp−$2,770doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-26 13:40 | Kalshi | Other | JUST IN: Anthropic paid Dario Amodei ~$18M in total compensation last year @Kalshi on X ↗ |
| 10-26 13:35 | Kalshi | Other | JUST IN: Anthropic now makes $6.6M in revenue per employee, up from $1.4M a year ago @Kalshi on X ↗ |
| 10-26 13:35 | Kalshi | Other | JUST IN: Amazon and Google each own more than 5% of Anthropic but get no vote @Kalshi on X ↗ |
| 10-26 13:22 | Kalshi | Other | JUST IN: Anthropic spent $2.7M on CEO Dario Amodei’s personal security last year @Kalshi on X ↗ |
| 10-26 13:16 | Kalshi | Other | JUST IN: Anthropic to spend over $120B on SpaceXAI Nvidia compute @Kalshi on X ↗ |
| 10-26 13:10 | Kalshi | Other | JUST IN: Anthropic IPO filing says the company will not pay dividends soon @Kalshi on X ↗ |


Kalshi