Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 980.10 | +0.0229 | pay 0.0686% / 24h | 9h 56m | $186K | $1.6M | 4.5x | Long Kalshi | |
| SHORT | 983.92 | 0 | 0.0000% / 4h | 3h 56m | $46K | $326K | 20x | Short Aster≤10% back |
Price gap+0.390%57s
Funding gap−0.0229% /8h
The gap pays +$35 on $10k if it goes back to its 7d average, but funding costs $7 a day and eats that in about 5.1 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$2−0.0229% /8h now · paid +0.016% over the last 7D
Price—spread +0.390%57s now · prices read too far apart to compare
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs—+ Points / potential airdropAster: Stage 5 · farm boardneeds both prices read together
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.016% in total, about +0.0008%/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+0.390%
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 · 5 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than Kalshi’s order book right now.
- Note: Margin at max leverage$2,181 + $500Kalshi 4.5x, Aster 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ24h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$6.86Long Kalshi: 1 payment, −$6.86; short Aster: 6 payments, $0.00.
- Watch: Prices read 57 s apart+0.390% vs +0.038%Part of this gap may be the market moving.
- Watch: Short leg is thinner$46K vs $186K OIAster sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5Volume here counts toward the points program.
- Watch: KYCKalshi Yes · Aster 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 earned+0.0008%/8h × 21 periods+$1.64
Price spreadprices read too far apart to compare—
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Kalshi bp × 2 orders−$0.48
Fee Aster bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kprice spread not counted: prices read too far apartCosts to cover—Break-even—
Slippage: Kalshi: live order book, just now; Aster: live order book, 24 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKalshi570.42doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTAster4.37doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.