Funding you earn now, next payment 04:00 UTC−0.0086%/8h= −9.4% APRnext payment −$0.86 per $10,000 · paid last 24h −0.060%
Price spread now: Kalshi against BloFin+0.157%61s7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as 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−$470.469% of the position
Funding, last 7 days−0.284%−$28 on $10k
+Price spread, last 3 days (all we have)−0.128%−$13 · spread now +0.157%, 7d avg −0.002%
=The price spread pays, funding is against you. Kalshi is 0.159% dearer against BloFin than usual: you sell high and buy low (spread +0.157% now, against its 7-day average of −0.002%): +$16 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.2 days. The two prices were read 61 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 | BloFin BCH-USDT | 267.99 | 0.0086 | pay 0.0086% / 8h | 7h 56m | $3.9M | $4.2M | 50x |
| Short | Kalshi KXBCHPERP | 268.41 | 0 | get 0.0000% / 8h | 3h 56m | $1.1M | $11.8M | 2.7x |
BloFin BCH-USDT
Kalshi KXBCHPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against BloFin. 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
- −$18.05
- Price spread: +0.157% → −0.002%
- $15.9
- Slippage, 4 orders
- −$24.95
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$49.1
- Costs to cover
- 0.469%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 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 BloFin live order book, 2 min ago | 2.24 bp | 8.2 bp −$8 | 8.2 bp −$82 | 8.5 bp −$854 | doesn't fit |
| Sell Kalshi live order book, 3 min ago | 9.14 bp | 14.1 bp −$14 | 20.0 bp −$200 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex BCHUSDT | −0.1085% | 8h | 267.96 | −0.011% | $4.9M | $6.5M | 50x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0391% | 1h | 268.11 | +0.044% | $453K | $266K | 25x | as long as short |
| SoDEX BCH-USD | −0.0388% | 1h | 267.99 | 0.000% | $2K | $6K | 10x | as long as short |
| Variational Omni BCH | −0.0132% | 8h | 268.01 | +0.009% | $82K | $292K | — | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 267.42 | −0.213% | $226K | $2.1M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 268.19 | +0.073% | $856K | $3.2M | 50x | as long as short |
| ApeX Omni BCHUSDT | −0.0037% | 1h | 266.85 | −0.425% | $72K | $214K | 50x | as long as short |
| Binance BCHUSDT | −0.0034% | 8h | 267.99 | +0.002% | $73.1M | $235.6M | 75x | as long as short |
| MEXC BCH_USDT | −0.0034% | 8h | 268.48 | +0.183% | $70.3M | $6.6M | 200x | as long as short |
| Nado BCH-PERP | −0.0033% | 1h | 267.95 | −0.014% | $441K | $435K | 10x | as long as short |
Phemex BCHUSDT
Deribit BCH_USDC-PERPETUAL
SoDEX BCH-USD
Variational Omni BCH
Coinbase International BCH-PERP-INTX
Kraken Futures PF_BCHUSD
ApeX Omni BCHUSDT
Binance BCHUSDT
MEXC BCH_USDT
Nado BCH-PERPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0032% | 1h | 267.81 | −0.068% | $115K | $648K | 25x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 268.16 | +0.064% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERPshort | 0.0000% | 8h | 268.41 | +0.157% | $1.1M | $11.8M | 2.7x | |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 268.19 | +0.075% | $4K | — | 150x | as long as short |
| HTX BCH-USDT | +0.0015% | 8h | 267.88 | −0.041% | $774K | $1.7M | 75x | as long as short |
| GRVT BCH_USDT_Perp | +0.0016% | 8h | 266.96 | −0.384% | $389K | $17K | 10x | as long as short |
| Bitget BCHUSDT | +0.0017% | 8h | 268.09 | +0.037% | $19.3M | $30.1M | 75x | as long as short |
| OKX BCH-USDT-SWAP | +0.0026% | 8h | 268.00 | +0.004% | $26.1M | $79.0M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0030% | 8h | 267.96 | −0.011% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.825% | $721 | $130K | 12x | as long as short |
| Gate BCH_USDT | +0.0034% | 8h | 268.07 | +0.030% | $8.4M | $14.0M | 75x | as long as short |
| BloFin BCH-USDTlong | +0.0086% | 8h | 267.99 | long leg | $3.9M | $4.2M | 50x | |
| Lighter BCH | +0.0096% | 1h | 268.07 | +0.029% | $370K | $526K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 268.38 | +0.146% | $6.0M | $4.5M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 268.09 | +0.037% | $174K | $715K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 268.09 | +0.036% | $163K | $430K | 10x | as long as short |
| Bybit BCHUSDT | +0.0100% | 8h | 268.04 | +0.019% | $39.5M | $33.2M | 75x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 268.00 | +0.004% | $9.0M | $7.7M | 75x | as long as short |
| BingX BCH-USDT | +0.0100% | 8h | 268.01 | +0.007% | — | $31.0M | — | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 267.01 | −0.367% | $19K | $290K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 267.78 | −0.078% | $1K | $2.0M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0333% / S −0.0224% | 1h | 268.17 | +0.067% | $31K | — | 100x | as long as short |
Extended BCH-USD
dYdX BCH-USD
gTrade (Gains Network) BCH/USD
HTX BCH-USDT
GRVT BCH_USDT_Perp
Bitget BCHUSDT
OKX BCH-USDT-SWAP
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
Gate BCH_USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
Bybit BCHUSDT
KuCoin BCHUSDTM
BingX BCH-USDT
edgeX BCHUSDC
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]