BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.02 per $10,000 · paid last 24h −0.008%

Price spread now: Kalshi against Bybit+0.072%7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$460.460% of the position

Long on Bybit Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.078%−$8 on $10k

Price spread, last 7 days+0.036%+$4 · spread now +0.072%, 7d avg +0.045%

Together, before fees−0.042%−$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Kalshi is 0.026% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BCHUSDT	265.11	0.0002	pay 0.0002% / 8h	3h 55m	$39.1M	$31.1M	75x
Short	Kalshi KXBCHPERP	265.30	0	get 0.0000% / 8h	7h 55m	$1.0M	$10.3M	2.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against Bybit. 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 BybitbpFee KalshibpOrdersPrice spread, now +0.072%Rate

Funding earned: −$0.39
Price spread: +0.072% → +0.045%: $2.63
Slippage, 4 orders: −$24.96
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$43.72
Costs to cover: 0.460%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 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 Bybit live order book, 3 min ago	1.89 bp	7.7 bp −$8	18.7 bp −$187	62.5 bp −$6,249	doesn't fit
Sell Kalshi live order book, 3 min ago	5.84 bp	16.3 bp −$16	21.6 bp −$216	34.6 bp −$3,455	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	−0.0329%	8h	264.67	−0.166%	$2K	$1.7M	30x	as long as short
Phemex BCHUSDT	−0.0271%	8h	265.39	+0.106%	$4.9M	$6.4M	50x	as long as short
SoDEX BCH-USD	−0.0243%	1h	265.25	+0.053%	$2K	$8K	10x	as long as short
HTX BCH-USDT	−0.0233%	8h	264.85	−0.098%	$772K	$1.4M	75x	as long as short
Nado BCH-PERP	−0.0174%	1h	264.95	−0.058%	$430K	$343K	10x	as long as short
OKX BCH-USDT-SWAP	−0.0102%	8h	265.10	−0.004%	$25.4M	$75.7M	50x	as long as short
Extended BCH-USD	−0.0088%	1h	264.99	−0.044%	$112K	$958K	25x	as long as short
MEXC BCH_USDT	−0.0088%	8h	265.65	+0.204%	$70.5M	$7.8M	200x	as long as short
Binance BCHUSDT	−0.0087%	8h	265.22	+0.041%	$72.0M	$215.0M	75x	as long as short
KuCoin BCHUSDTM	−0.0083%	8h	265.27	+0.060%	$8.5M	$7.0M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BCHUSDT	−0.0081%	8h	265.07	−0.015%	$19.0M	$28.2M	75x	as long as short
Variational Omni BCH	−0.0073%	8h	265.10	−0.002%	$81K	$197K	—	as long as short
Coinbase International BCH-PERP-INTX	−0.0064%	1h	265.36	+0.094%	$221K	$1.8M	50x	as long as short
GRVT BCH_USDT_Perp	−0.0063%	8h	265.09	−0.008%	$387K	$17K	10x	as long as short
Kraken Futures PF_BCHUSD	−0.0051%	1h	265.63	+0.195%	$854K	$3.0M	50x	as long as short
Gate BCH_USDT	−0.0043%	8h	265.28	+0.064%	$8.3M	$13.5M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	265.24	+0.048%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	265.19	+0.031%	$5K	$248	10x	as long as short
Kalshi KXBCHPERPshort	0.0000%	8h	265.30	+0.072%	$1.0M	$10.3M	2.7x
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	265.31	+0.075%	$444K	$331K	25x	as long as short
Bybit BCHUSDTlong	+0.0002%	8h	265.11	long leg	$39.1M	$31.1M	75x
BloFin BCH-USDT	+0.0031%	8h	265.10	−0.004%	$3.9M	$4.3M	50x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.920%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0041%	8h	265.17	+0.023%	$2K	$176	10x	as long as short
BingX BCH-USDT	+0.0050%	8h	265.23	+0.045%	—	$32.1M	—	as long as short
Aster BCHUSDT	+0.0093%	8h	265.16	+0.018%	$153K	$541K	75x	as long as short
Lighter BCH	+0.0096%	1h	265.34	+0.087%	$358K	$488K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.46	+0.132%	$5.7M	$4.6M	10x	as long as short
Pacifica BCH	+0.0100%	1h	264.92	−0.072%	$159K	$303K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	265.05	−0.023%	$19K	$288K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	265.24	+0.049%	$97K	$232K	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0350% / S −0.0506%	1h	265.16	+0.018%	$24K	—	100x	as long as short