Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,059.3 | 0 | 0.0000% / 4h | 3h 54m | $4.5M | $6.4M | 100x | Long Binance | |
| SHORT | 1,058.5 | +0.0332 | get 0.0996% / 24h | 1h 54m | $117K | $1.3M | 4.5x | Short Kalshi |
Price gap−0.073%
Funding gap+0.0332% /8h
Funding trade: +$10 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1+0.0332% /8h now · paid +0.013% over the last 7D
Price−$1spread −0.073% now, avg −0.061% → −0.012% if it goes back
Costs−$250.246% of $10k · taker + slippage, in and out
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.013% in total, about +0.0006%/8h on average.
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−0.073%
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
/8hXPD on 19 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- OK: Fits both order books5.3 / 2.6 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$100 + $2,181Binance 100x, Kalshi 4.5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 24hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$9.96Long Binance: 6 payments, $0.00; short Kalshi: 1 payment, +$9.96.
- Note: Gap at its usual level−0.073% vs −0.061%The price leg adds little either way.
- Watch: Short leg is thinner$117K vs $4.5M OIKalshi sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · Kalshi YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0006%/8h × 21 periods+$1.28
Price spread−0.073% → −0.061% (7d avg)−$1.18
Slippage, 4 orderslive order books−$16.17
Fee Binance bp × 2 orders−$8.00
Fee Kalshi bp × 2 orders−$0.48
Net · 7 days · $10k−$24.55
Costs to cover0.246%Break-even140.9 days
Slippage: Binance: live order book, 14 min ago; Kalshi: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance0.955.3 bp−$520.5 bp−$205doesn’t fitdoesn’t fit
SELL · SHORTKalshi2.372.6 bp−$38.8 bp−$88doesn’t fitdoesn’t fit
Closing costs about the same again.