Funding you earn now, next payment 00:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.09 per $10,000 · paid last 24h −0.022%
Price spread now: Kalshi against Gate+0.085%7-day average +0.009% · 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−$47as in the Price arb table
costs, in and out, $10k−$550.548% of the position
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 7 days−0.013%−$1 · spread now +0.085%, 7d avg +0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Kalshi is 0.075% dearer against Gate than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BCH_USDT | 271.31 | 0.0009 | pay 0.0009% / 8h | 55m 05s | $8.4M | $14.4M | 75x |
| Short | Kalshi KXBCHPERP | 271.54 | 0 | get 0.0000% / 8h | 4h 55m | $1.3M | $11.8M | 2.7x |
Gate BCH_USDT
Kalshi KXBCHPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Gate. 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
- −$1.89
- Price spread: +0.085% → +0.009%
- $7.53
- Slippage, 4 orders
- −$29.79
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$49.15
- Costs to cover
- 0.548%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Kalshi: live order book, 4 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 Gate live order book, 4 min ago | 2.22 bp | 14.3 bp −$14 | 20.9 bp −$209 | 42.2 bp −$4,219 | 58.8 bp −$29.4K |
| Sell Kalshi live order book, 4 min ago | 7.01 bp | 12.0 bp −$12 | 18.1 bp −$181 | 31.7 bp −$3,174 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0383% | 1h | 271.34 | +0.011% | $458K | $266K | 25x | as long as short |
| Phemex BCHUSDT | −0.0196% | 8h | 271.23 | −0.029% | $5.0M | $6.5M | 50x | as long as short |
| Variational Omni BCH | −0.0132% | 8h | 270.91 | −0.146% | $83K | $294K | — | as long as short |
| Kraken Futures PF_BCHUSD | −0.0124% | 1h | 271.56 | +0.093% | $821K | $3.2M | 50x | as long as short |
| Bybit BCHUSDT | −0.0076% | 8h | 271.20 | −0.041% | $39.7M | $33.2M | 75x | as long as short |
| Injective BCH/USDC PERP | −0.0054% | 1h | 270.20 | −0.409% | $721 | $130K | 12x | as long as short |
| Extended BCH-USD | −0.0032% | 1h | 271.10 | −0.076% | $117K | $653K | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0032% | 1h | 271.38 | +0.026% | $241K | $2.1M | 50x | as long as short |
| Binance BCHUSDT | −0.0031% | 8h | 271.29 | −0.006% | $75.6M | $234.8M | 75x | as long as short |
| MEXC BCH_USDT | −0.0031% | 8h | 271.74 | +0.158% | $71.2M | $6.6M | 200x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
Variational Omni BCH
Kraken Futures PF_BCHUSD
Bybit BCHUSDT
Injective BCH/USDC PERP
Extended BCH-USD
Coinbase International BCH-PERP-INTX
Binance BCHUSDT
MEXC BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX BCH-USD | 0.0000% | 1h | 271.34 | +0.012% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERPshort | 0.0000% | 8h | 271.54 | +0.085% | $1.3M | $11.8M | 2.7x | |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 271.35 | +0.016% | $5K | — | 150x | as long as short |
| Gate BCH_USDTlong | +0.0009% | 8h | 271.31 | long leg | $8.4M | $14.4M | 75x | |
| SoDEX BCH-USD | +0.0022% | 1h | 271.25 | −0.022% | $2K | $6K | 10x | as long as short |
| Orderly PERP_BCH_USDC | +0.0024% | 8h | 271.21 | −0.037% | $2K | $176 | 10x | as long as short |
| GRVT BCH_USDT_Perp | +0.0025% | 8h | 270.89 | −0.153% | $395K | $17K | 10x | as long as short |
| Bitget BCHUSDT | +0.0035% | 8h | 271.21 | −0.037% | $19.7M | $29.6M | 75x | as long as short |
| BingX BCH-USDT | +0.0055% | 8h | 271.25 | −0.022% | — | $30.6M | — | as long as short |
| OKX BCH-USDT-SWAP | +0.0059% | 8h | 271.10 | −0.077% | $26.7M | $79.3M | 50x | as long as short |
| Nado BCH-PERP | +0.0087% | 1h | 270.96 | −0.130% | $443K | $429K | 10x | as long as short |
| BloFin BCH-USDT | +0.0089% | 8h | 271.34 | +0.011% | $4.0M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 271.29 | −0.007% | $375K | $554K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 271.58 | +0.100% | $6.1M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 271.37 | +0.023% | $219K | $705K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 271.17 | −0.052% | $165K | $467K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 271.41 | +0.037% | $9.3M | $7.9M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 270.84 | −0.174% | $19K | $289K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 270.90 | −0.151% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 271.11 | −0.074% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 271.22 | −0.033% | $780K | $1.7M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0335% / S −0.0340% | 1h | 271.42 | +0.041% | $27K | — | 100x | as long as short |
dYdX BCH-USD
gTrade (Gains Network) BCH/USD
SoDEX BCH-USD
Orderly PERP_BCH_USDC
GRVT BCH_USDT_Perp
Bitget BCHUSDT
BingX BCH-USDT
OKX BCH-USDT-SWAP
Nado BCH-PERP
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]