Odaily Planet Daily reports that quant analyst Beni said in a post on the X platform that Kalshi’s ETH-PERP currently has open interest of about $3.1 million, with a 24-hour trading volume of $538.6 million—equivalent to roughly 174 daily turnover rounds of the entire open positions’ average. On average, one turnover is completed every 8 minutes and 18 seconds; its largest single position is about $17.6 thousand.

Beni said that Kalshi’s filings submitted to the CFTC previously show that eligible self-clearing member market makers can receive a 0.3 basis point rebate, while paying 0.3 basis points when taking orders; the combined transaction cost between both sides is 0 basis points. He also mentioned that Kalshi and Jump Trading had reached a cooperation arrangement in which liquidity was exchanged for equity, and questioned whether the platform’s method of counting trading volume by the number of trading contracts and presenting it using a dollar symbol could lead to misunderstanding.