Funding you earn now, next payment 04:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.10 per $10,000 · paid last 24h −0.023%
Price spread now: Kalshi against BingX+0.079%50s7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$480.478% of the position
Funding, last 7 days−0.149%−$15 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Kalshi is 0.079% dearer against BingX than usual: you sell high and buy low (spread +0.079% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 25 days. At the pace of the last 7 days (−0.149% in total) that is about 3.7 days. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BCH-USDC | 264.95 | 0.0010 | pay 0.0010% / 8h | 4h 00m | — | $6.5M | — |
| Short | Kalshi KXBCHPERP | 265.16 | 0 | get 0.0000% / 8h | 0m 21s | $1.0M | $10.3M | 2.7x |
BingX BCH-USDC
Kalshi KXBCHPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$2.18
- Price spread: +0.079% → 0.000%
- $7.93
- Slippage, 4 orders
- −$27.76
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$42.02
- Costs to cover
- 0.478%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Kalshi: live order book, 3 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 BingX live order book, 10 min ago | 1.51 bp | 12.3 bp −$12 | 33.5 bp −$335 | 120.4 bp −$12.0K | 451.8 bp −$225.9K |
| Sell Kalshi live order book, 3 min ago | 6.40 bp | 11.4 bp −$11 | 20.2 bp −$202 | doesn't fit | doesn't fit |
BCH on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BCH-USDT | −0.0363% | 8h | 264.99 | +0.015% | $2K | $1.7M | 30x | as long as short |
| SoDEX BCH-USD | −0.0294% | 1h | 264.75 | −0.075% | $2K | $8K | 10x | as long as short |
| Phemex BCHUSDT | −0.0280% | 8h | 264.88 | −0.026% | $4.9M | $6.4M | 50x | as long as short |
| Nado BCH-PERP | −0.0258% | 1h | 264.80 | −0.057% | $430K | $343K | 10x | as long as short |
| HTX BCH-USDT | −0.0228% | 8h | 264.84 | −0.042% | $772K | $1.4M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0104% | 1h | 265.20 | +0.094% | $222K | $1.8M | 50x | as long as short |
| OKX BCH-USDT-SWAP | −0.0100% | 8h | 264.90 | −0.019% | $25.4M | $75.6M | 50x | as long as short |
| Binance BCHUSDT | −0.0089% | 8h | 264.99 | +0.015% | $72.0M | $214.9M | 75x | as long as short |
| MEXC BCH_USDT | −0.0089% | 8h | 265.35 | +0.151% | $70.4M | $7.9M | 200x | as long as short |
| Extended BCH-USD | −0.0088% | 1h | 264.73 | −0.082% | $112K | $958K | 25x | as long as short |
SunX BCH-USDT
SoDEX BCH-USD
Phemex BCHUSDT
Nado BCH-PERP
HTX BCH-USDT
Coinbase International BCH-PERP-INTX
OKX BCH-USDT-SWAP
Binance BCHUSDT
MEXC BCH_USDT
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BCHUSDTM | −0.0088% | 8h | 265.04 | +0.034% | $8.5M | $7.0M | 75x | as long as short |
| Bitget BCHUSDT | −0.0079% | 8h | 264.88 | −0.026% | $18.9M | $28.1M | 75x | as long as short |
| Variational Omni BCH | −0.0073% | 8h | 265.00 | +0.020% | $81K | $197K | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0064% | 8h | 265.06 | +0.043% | $386K | $17K | 10x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0056% | 1h | 264.91 | −0.017% | $443K | $331K | 25x | as long as short |
| Gate BCH_USDT | −0.0050% | 8h | 265.02 | +0.026% | $8.3M | $13.7M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 265.04 | +0.032% | $15K | — | 150x | as long as short |
| Bybit BCHUSDT | −0.0001% | 8h | 265.00 | +0.019% | $39.1M | $31.1M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.15 | +0.075% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERPshort | 0.0000% | 8h | 265.16 | +0.079% | $1.0M | $10.3M | 2.7x | |
| BingX BCH-USDClong | +0.0010% | 8h | 264.95 | long leg | — | $6.5M | — | |
| Kraken Futures PF_BCHUSD | +0.0011% | 1h | 265.09 | +0.052% | $853K | $3.0M | 50x | as long as short |
| BloFin BCH-USDT | +0.0031% | 8h | 264.76 | −0.072% | $3.9M | $4.3M | 50x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.982% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0041% | 8h | 264.92 | −0.011% | $2K | $176 | 10x | as long as short |
| Pacifica BCH | +0.0077% | 1h | 264.99 | +0.014% | $159K | $304K | 10x | as long as short |
| Aster BCHUSDT | +0.0095% | 8h | 264.93 | −0.007% | $152K | $540K | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 264.97 | +0.008% | $357K | $490K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.20 | +0.096% | $5.7M | $4.6M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 264.88 | −0.028% | $19K | $290K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 265.16 | +0.079% | $97K | $232K | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0350% / S −0.0506% | 1h | 265.10 | +0.055% | $24K | — | 100x | as long as short |
KuCoin BCHUSDTM
Bitget BCHUSDT
Variational Omni BCH
GRVT BCH_USDT_Perp
Deribit BCH_USDC-PERPETUAL
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
Bybit BCHUSDT
dYdX BCH-USD
Kraken Futures PF_BCHUSD
BloFin BCH-USDT
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
Pacifica BCH
Aster BCHUSDT
Lighter BCH
Hyperliquid BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
GMX BCH/USD [WBTC.b-USDC]