Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7,627.8 | +0.0046 | pay 0.0006% / 1h | 54m 14s | $2.1M | $916K | 25x | Long Markets by Kinetiq | |
| SHORT | 7,643.8 | +0.0050 | get 0.0006% / 1h | 54m 14s | $545K | $109K | 30x | Short HTX |
Price gap+0.210%
Funding gap+0.0004% /8h
Funding is ≈ 0 and the gap is 0.026% under its 7d average: the price leg works against you, −$3 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$15+0.0004% /8h now · paid +0.145% over the last 7D
Price−$3spread +0.210% now, avg +0.236% → −0.026% if it goes back
Costs−$830.832% 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+0.210%
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
/8hSP500 on 25 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size3.6 / 36.7 bpAt $10k entering HTX costs 36.7 bp, fee and slippage, 10.2× Markets by Kinetiq’s.
- Note: Margin at max leverage$400 + $333Markets by Kinetiq 25x, HTX 30x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$0.13Long Markets by Kinetiq: 24 payments, −$1.37; short HTX: 24 payments, +$1.50.
- Watch: Gap narrower than usual+0.210% vs +0.236%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$545K vs $2.1M OIHTX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCMarkets by Kinetiq No · HTX LimitedNo ID for accounts opened since 2026-03-30: futures up to 5x and no API trading; more leverage and the API need level-2 KYC.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0069%/8h × 21 periods+$14.51
Price spread+0.210% → +0.236% (7d avg)−$2.60
Slippage, 4 orderslive order books−$69.40
Fee Markets by Kinetiq bp × 2 orders−$1.80
Fee HTX bp × 2 orders−$12.00
Net · 7 days · $10k−$71.29
Costs to cover0.832%Break-even41.4 days
Slippage: Markets by Kinetiq: live order book, 2 min ago; HTX: live order book, 63 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMarkets by Kinetiq0.793.6 bp−$410.1 bp−$101doesn’t fitdoesn’t fit
SELL · SHORTHTX10.6936.7 bp−$37doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-24 20:00 | Kalshi | Other | JUST IN: Investment firm says S&P 500 could plunge 30% if AI stocks "go bust" @Kalshi on X ↗ |
| 10-23 12:00 | Bybit | Other | @Bybit_Learn Recap of market action yesterday (Thur, Oct 22): - Bitcoin -4%, biggest 1-day drop since June - S&P 500 -1.2%, biggest 1-day drop since July - Gold -2.8%, now set for biggest weekly drop since June ICYMI: @Bybit_Learn shared a warning since Tue, Oct 20: @Bybit_Official on X ↗ |
| 10-21 18:18 | Markets by Kinetiq | Other | Short tail HIP-3 offerings include US500, USTECH, TLT, IWM @Markets_xyz on X ↗ |
| 10-21 17:00 | Kalshi | Other | BREAKING: Ed Yardeni says the AI bubble is real, but it isn't ready to burst yet 64% chance the S&P 500 closes 2027 above $8,000 @Kalshi on X ↗ |
| 10-21 03:30 | Kalshi | Other | JUST IN: Corporate earnings growth is set to slow, per Bank of America • 10 of 11 S&P 500 sectors are estimated to post lower earnings growth in Q3 than in Q2 • Consumer Discretionary slows the most — from +91% to just +2% • Financials fall from +22.3% to +2.4% @Kalshi on X ↗ |
| 10-19 21:30 | Kalshi | Other | JUST IN: Goldman Sachs warns markets face higher volatility as investor positioning turns defensive S&P 500 is expected to close 2026 at approximately $7,700 @Kalshi on X ↗ |

Kalshi
Bybit