ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0053%/8h= −5.8% APRnext payment −$0.53 per $10,000 · paid last 24h −0.002%

Price spread now: Aster against Kalshi−0.055%7-day average +0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$200.197% of the position

Long on Kalshi Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.058%+$6 on $10k

Price spread, last 7 days+0.030%+$3 · spread now −0.055%, 7d avg +0.013%

Together, before fees+0.088%+ Points / potential airdropAster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.068% cheaper against Kalshi than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.013%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.058%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXETHPERP	2,735.7	0.0137	pay 0.0137% / 8h	7h 28m	$6.5M	$684.2M	4.9x
Short	Aster ETHUSDT	2,734.2	0.0084	get 0.0084% / 8h	3h 28m	$251.1M	$841.9M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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

Position, each leg$Hold fordaysFee KalshibpFee AsterbpOrdersPrice spread, now −0.055%Rate

Funding earned: −$11.1
Price spread: −0.055% → +0.013%: −$6.84
Slippage, 4 orders: −$1.68
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$37.61
Costs to cover: 0.197%
Break-even: never at this rate

Slippage from Kalshi: live order book, 6 min ago; Aster: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Kalshi live order book, 6 min ago	0.18 bp	6.0 bp −$6	7.2 bp −$72	10.7 bp −$1,070	17.8 bp −$8,891
Sell Aster live order book, 6 min ago	0.02 bp	4.3 bp −$4	4.7 bp −$47	6.7 bp −$674	11.8 bp −$5,893

ETH on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl ETH	−0.0335%	43m	2,733.9	−0.068%	$297K	$5.6M	8.3x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,734.6	−0.040%	$5K	$1K	50x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,734.5	−0.044%	$11.9M	—	200x	as long as short
Phoenix ETH	−0.0006%	1h	2,739	+0.121%	$821K	$2.9M	25x	as long as short
HTX ETH-USDT	−0.0005%	8h	2,733	−0.099%	$1.06B	$1.20B	200x	as long as short
dYdX ETH-USD	+0.0004%	1h	2,734.2	−0.053%	$10.7M	$42.0M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0006%	1h	2,734.5	−0.042%	$28.1M	—	200x	as long as short
Bullet ETH-USD	+0.0025%	1h	2,732.5	−0.116%	$179K	$1.7M	20x	as long as short
BingX ETH-USDT	+0.0033%	8h	2,733.9	−0.068%	—	$1.14B	—	as long as short
Bybit ETHUSDT	+0.0041%	8h	2,733.4	−0.084%	$2.37B	$4.37B	150x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange ETHUSD	+0.0048%	1h	2,734.2	−0.055%	$187K	$816K	50x	as long as short
KuCoin ETHUSDTM	+0.0068%	8h	2,734.2	−0.054%	$379.8M	$573.5M	100x	as long as short
Deribit ETH-PERPETUAL	+0.0068%	1h	2,735.4	−0.011%	$259.5M	$200.2M	50x	as long as short
OKX ETH-USDT-SWAP	+0.0076%	8h	2,733.5	−0.080%	$1.67B	$10.73B	100x	as long as short
SunX ETH-USDT	+0.0080%	8h	2,734.2	−0.054%	$959K	$11.2M	100x	as long as short
Aster ETHUSDTshort	+0.0084%	8h	2,734.2	−0.055%	$251.1M	$841.9M	200x
ApeX Omni ETHUSDT	+0.0085%	1h	2,737.8	+0.076%	$8.7M	$31.2M	100x	as long as short
Phemex ETHUSDT	+0.0086%	8h	2,734.3	−0.051%	$265.1M	$65.1M	150x	as long as short
MEXC ETH_USDT	+0.0092%	8h	2,733.1	−0.096%	$1.55B	$2.57B	500x	as long as short
Binance ETHUSDT	+0.0092%	8h	2,733.8	−0.068%	$6.35B	$15.89B	150x	as long as short
Lighter ETH	+0.0096%	1h	2,734.2	−0.053%	$112.8M	$432.4M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,735.6	−0.005%	$23.4M	$104.3M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0048%	1h	2,736.1	+0.013%	—	$30.9M	500x	as long as short
Aevo ETH-PERP	+0.0096%	1h	2,731.7	−0.147%	$4.9M	$155K	20x	as long as short
Injective ETH/USDC PERP	+0.0096%	1h	2,735.8	+0.004%	$117K	$22.5M	52x	as long as short
SoDEX ETH-USD	+0.0097%	1h	2,734.2	−0.055%	$54.4M	$187.7M	40x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,733.4	−0.084%	$505K	$3.3M	50x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,736.9	+0.045%	$15.6M	$8.0M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,734.1	−0.058%	$13.8M	$104.6M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,735.9	+0.007%	$3.10B	$2.05B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,734.6	−0.040%	$31.9M	$333.7M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,733.4	−0.084%	$2.7M	$16.7M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,734.9	−0.029%	$1.5M	$16.0M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,736.4	+0.027%	$170.3M	$327.0M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,734	−0.062%	$3.33B	$8.89B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,733.4	−0.083%	$2.07B	$2.72B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,733.4	−0.085%	$15.2M	$40.3M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,737.4	+0.063%	$133.6M	$321.9M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,736.2	+0.017%	$184.1M	$671.1M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,738.1	+0.088%	$159.3M	$86.9M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,735.7	0.000%	$21.1M	$69.3M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,734.7	−0.035%	—	$844K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,734.9	−0.029%	$11.2M	$9.3M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,734.6	−0.039%	$21K	$20K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,735.7	−0.001%	$41.3M	$29.9M	15x	as long as short
Extended ETH-USD	+0.0104%	1h	2,732.7	−0.110%	$30.6M	$73.1M	50x	as long as short
RISEx ETH/USDC	+0.0107%	1h	2,734.7	−0.038%	$5.6M	$11.7M	25x	as long as short
Aftermath Perps ETHUSD	+0.0109%	1h	2,736.5	+0.030%	$30K	$20K	20x	as long as short
Coinbase International ETH-PERP-INTX	+0.0120%	1h	2,735	−0.024%	$50.9M	$4.28B	50x	as long as short
Kalshi KXETHPERPlong	+0.0137%	8h	2,735.7	long leg	$6.5M	$684.2M	4.9x
Kraken Futures PF_ETHUSD	+0.0153%	1h	2,734.9	−0.029%	$83.3M	$315.0M	100x	as long as short
Orderly PERP_ETH_USDC	+0.0196%	8h	2,736.2	+0.018%	$32.2M	$11.7M	100x	as long as short
Reya ETHRUSDPERP	+0.0211%	1h	2,732.3	−0.126%	$7.3M	$1.2M	25x	as long as short
Hibachi ETH/USDT-P	+0.0256%	1h	2,735.5	−0.006%	$245K	$1.4M	20x	as long as short
BloFin ETH-USDT	+0.0370%	8h	2,734.2	−0.054%	$283.1M	$175.1M	150x	as long as short