Settings8H · net · $10k
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Funding arb · Price arb /

ETH

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Alert: funding
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Alert: spread
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Funding you earn now, next payment 08:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.76 per $10,000 · paid last 24h −0.014%
Price spread now: OKX against Kalshi+0.015%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$210.208% of the position
Long on KalshiShort on OKX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.031%+$3 on $10k
Price spread, last 7 days−0.028%−$3 · spread now +0.015%, 7d avg +0.003%
Together, before fees+0.003%$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXETHPERP2,723.90get 0.0000% / 8h4h 05m$6.7M$674.2M4.9x
ShortOKX ETH-USDT-SWAP2,724.30.0076get 0.0076% / 8h5m 25s$1.65B$10.75B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Kalshi. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$15.92
Price spread: +0.015% → +0.003%
$1.21
Slippage, 4 orders
−$0.77
Fee Kalshi: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$3.64
Costs to cover
0.208%
Break-even
8.6 days
Slippage from Kalshi: live order book, 4 min ago; OKX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kalshi live order book, 4 min ago0.37 bp5.4 bp −$56.4 bp −$6410.8 bp −$1,08516.9 bp −$8,432
Sell OKX live order book, 4 min ago0.02 bp5.0 bp −$55.0 bp −$505.9 bp −$5907.8 bp −$3,896

ETH on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ETH−0.0447%43m2,723.4−0.018%$273K$5.7M8.3xas long as short
BloFin ETH-USDT−0.0184%8h2,723.1−0.031%$280.7M$177.3M150xas long as short
Hotstuff ETH-PERP−0.0080%1h2,723.90.000%$5K$1K50xas long as short
Phoenix ETH−0.0015%1h2,723.3−0.022%$808K$3.0M25xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,723.1−0.030%$11.9M—200xas long as short
dYdX ETH-USD0.0000%1h2,723.5−0.016%$10.5M$41.8M50xas long as short
Kalshi KXETHPERPlong0.0000%8h2,723.9long leg$6.7M$674.2M4.9x
Deribit ETH-PERPETUAL0.0000%1h2,723.6−0.010%$264.3M$216.2M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0006%1h2,723.6−0.011%$32.9M—200xas long as short
BingX ETH-USDT+0.0018%8h2,724.3+0.014%—$1.08B—as long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHUSDT+0.0022%8h2,724.3+0.014%$2.31B$4.32B150xas long as short
HTX ETH-USDT+0.0035%8h2,723.1−0.030%$1.05B$1.21B200xas long as short
01 Exchange ETHUSD+0.0040%1h2,725+0.040%$189K$883K50xas long as short
Injective ETH/USDC PERP+0.0050%1h2,727.2+0.121%$117K$22.2M52xas long as short
Kraken Futures PF_ETHUSD+0.0060%1h2,723.6−0.011%$81.9M$310.0M100xas long as short
Hibachi ETH/USDT-P+0.0072%1h2,724.1+0.006%$239K$1.4M20xas long as short
ApeX Omni ETHUSDT+0.0075%1h2,723.5−0.015%$8.4M$31.3M100xas long as short
OKX ETH-USDT-SWAPshort+0.0076%8h2,724.3+0.015%$1.65B$10.75B100x
KuCoin ETHUSDTM+0.0079%8h2,724.5+0.021%$382.6M$575.3M100xas long as short
Aster ETHUSDT+0.0082%8h2,724.3+0.015%$252.1M$850.7M200xas long as short
Aevo ETH-PERP+0.0088%1h2,720.8−0.115%$4.9M$183K20xas long as short
MEXC ETH_USDT+0.0092%8h2,724.3+0.013%$1.58B$2.59B500xas long as short
Binance ETHUSDT+0.0092%8h2,724.2+0.012%$6.30B$16.08B150xas long as short
Aftermath Perps ETHUSD+0.0095%1h2,724.2+0.012%$30K$20K20xas long as short
Lighter ETH+0.0096%1h2,723.7−0.007%$112.2M$433.5M50xas long as short
Lighter RH ETH+0.0096%1h2,725.1+0.046%$23.4M$102.6M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,724.1+0.007%$499K$3.6M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,727.5+0.131%$15.4M$7.5M50xas long as short
Nado ETH-PERP+0.0100%1h2,724.4+0.018%$14.1M$104.5M50xas long as short
Hyperliquid ETH+0.0100%1h2,726.5+0.096%$3.10B$2.04B25xas long as short
Pacifica ETH+0.0100%1h2,724.2+0.009%$31.9M$334.0M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,723.3−0.022%$2.7M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,724.9+0.038%$1.6M$15.9M25xas long as short
Gate ETH_USDT+0.0100%8h2,724.5+0.021%$3.31B$8.96B200xas long as short
Bitget ETHUSDT+0.0100%8h2,724.6+0.024%$2.11B$2.76B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,722.7−0.046%$15.0M$40.5M50xas long as short
Variational Omni ETH+0.0100%8h2,722.5−0.051%$133.2M$316.8M—as long as short
edgeX ETHUSDC+0.0100%4h2,722.2−0.064%$185.2M$682.7M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,723.2−0.026%$158.2M$82.0M50xas long as short
StandX ETH-USD+0.0100%1h2,723.4−0.018%$20.9M$69.8M40xas long as short
Vest ETH-PERP+0.0100%1h2,725.6+0.063%—$445K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,725.6+0.062%$11.2M$9.4M50xas long as short
Bullet ETH-USD+0.0100%1h2,722.7−0.043%$182K$1.7M20xas long as short
Derive ETH-PERP+0.0100%1h2,724.2+0.010%$40.7M$30.0M15xas long as short
SunX ETH-USDT+0.0100%8h2,723.1−0.028%$956K$10.7M100xas long as short
SoDEX ETH-USD+0.0100%1h2,723−0.033%$54.2M$182.7M40xas long as short
Phemex ETHUSDT+0.0100%8h2,723−0.032%$262.3M$64.0M150xas long as short
Bulk ETH-USD+0.0100%1h2,722.9−0.038%$160.5M$349.9M25xas long as short
Extended ETH-USD+0.0104%1h2,723.7−0.008%$30.4M$71.2M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0056%1h2,723.4−0.018%—$30.1M500xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,724.2+0.012%$46.6M$4.25B50xas long as short
RISEx ETH/USDC+0.0114%1h2,725.1+0.045%$5.6M$11.7M25xas long as short
Reya ETHRUSDPERP+0.0177%1h2,723.7−0.007%$7.3M$972K25xas long as short
Orderly PERP_ETH_USDC+0.0186%8h2,727+0.115%$32.1M$11.3M100xas long as short
Bluefin ETH-PERP+0.0191%1h2,723.8−0.004%$20K$23K25xas long as short