BTC funding arbitrage: kalshi vs phoenix
Long KXBTCPERP on kalshi against short BTC on phoenix.
| Side | Exchange | Symbol | Funding | Funding APR | 24h volume | Open interest |
|---|---|---|---|---|---|---|
| Long | kalshi | KXBTCPERP | 0.0235% / 8h | +25.68% | $332.29M | $11.62M |
| Short | phoenix | BTC | 0.0030% / 1h | +26.68% | $5.08M | $3.43M |
Funding spread +0.99% APR. Price spread +0.0823%.
Data generated at 2026-09-01T05:32:53Z. Live numbers load on this page automatically.