Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,713.8 | +0.0105 | pay 0.0315% / 24h | 2h 40m | $449K | $1.1M | 6.6x | Long Kalshi | |
| SHORT | 1,713.3 | +0.0032 | get 0.0004% / 1h | 40m 42s | $167K | $983K | 10x | Short Extended10% off |
Price gap−0.029%
Funding gap−0.0073% /8h
The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 2.2 days.
Funding on this pair paid 0.305% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$30−0.0073% /8h now · paid +0.305% over the last 7D
Price+$5spread −0.029% now, avg −0.076% → +0.047% if it goes back
Costs−$210.215% of $10k · taker + slippage, in and out
Result+$14+0.14%+ Points / potential airdropExtended: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.029%
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
/8hXPT on 23 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books6.7 / 4.2 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,513 + $1,000Kalshi 6.6x, Extended 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ24h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$2.19Long Kalshi: 1 payment, −$3.15; short Extended: 24 payments, +$0.96.
- OK: Entry gap works for you−0.029% vs −0.076%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$167K vs $449K OIExtended sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- Watch: KYCKalshi Yes · Extended 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+0.0145%/8h × 21 periods+$30.49
Price spread−0.029% → −0.076% (7d avg)+$4.74
Slippage, 4 orderslive order books−$16.00
Fee Kalshi bp × 2 orders−$0.48
Fee Extended bp × 2 orders−$5.00
Net · 7 days · $10k+$13.75
Costs to cover0.215%Break-even3.8 days
Slippage: Kalshi: live order book, 2 min ago; Extended: live order book, 36 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKalshi1.756.7 bp−$78.2 bp−$82doesn’t fitdoesn’t fit
SELL · SHORTExtended1.754.2 bp−$439.8 bp−$398doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 17:00 | MEXC | Other | 7 days to go. Singapore, we’re coming. 🇸🇬 Proud to be a Platinum Sponsor of #TOKEN2049. See you there. #MEXCEventRocks @MEXC on X ↗ |
| 09-23 13:33 | Kalshi | Listing | new market KXPLATINUMPERP ($XPT) seen by our collector |
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