BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.63 per $10,000 · paid last 24h −0.022%

Price spread now: Kalshi against GRVT+0.026%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$490.493% of the position

Long on GRVT Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.098%−$10 on $10k

Price spread, last 4 days (all we have)+0.037%+$4 · spread now +0.026%, 7d avg −0.007%

Together, before fees−0.061%+ Points / potential airdropGRVT: Active · farm board−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kalshi is 0.033% dearer against GRVT than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.007%. Mind the row above: over the last 7 days funding on this pair cost −0.098%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT BCH_USDT_Perp	265.09	−0.0063	get 0.0063% / 8h	3h 57m	$387K	$17K	10x
Short	Kalshi KXBCHPERP	265.16	0	get 0.0000% / 8h	3h 57m	$1.0M	$10.3M	2.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against GRVT. 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 GRVTbpFee KalshibpOrdersPrice spread, now +0.026%Rate

Funding earned: $13.23
Price spread: +0.026% → −0.007%: $3.32
Slippage, 4 orders: −$30.29
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$32.74
Costs to cover: 0.493%
Break-even: 24.3 days

Slippage from GRVT: live order book, 60 min ago; Kalshi: live order book, 1 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 GRVT live order book, 60 min ago	1.51 bp	9.0 bp −$9	19.6 bp −$196	doesn't fit	doesn't fit
Sell Kalshi live order book, 1 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	−0.0342%	8h	264.71	−0.143%	$2K	$1.7M	30x	as long as short
SoDEX BCH-USD	−0.0324%	1h	264.95	−0.053%	$2K	$8K	10x	as long as short
Phemex BCHUSDT	−0.0271%	8h	264.97	−0.045%	$4.9M	$6.4M	50x	as long as short
HTX BCH-USDT	−0.0230%	8h	264.85	−0.091%	$772K	$1.4M	75x	as long as short
Nado BCH-PERP	−0.0164%	1h	265.10	+0.004%	$431K	$343K	10x	as long as short
OKX BCH-USDT-SWAP	−0.0099%	8h	265.00	−0.034%	$25.4M	$75.7M	50x	as long as short
Binance BCHUSDT	−0.0089%	8h	265.17	+0.030%	$72.0M	$215.0M	75x	as long as short
Extended BCH-USD	−0.0088%	1h	264.98	−0.043%	$112K	$958K	25x	as long as short
MEXC BCH_USDT	−0.0088%	8h	265.69	+0.226%	$70.5M	$7.8M	200x	as long as short
KuCoin BCHUSDTM	−0.0084%	8h	265.47	+0.143%	$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	265.02	−0.026%	$19.0M	$28.2M	75x	as long as short
Variational Omni BCH	−0.0073%	8h	265.00	−0.033%	$81K	$197K	—	as long as short
Coinbase International BCH-PERP-INTX	−0.0064%	1h	265.13	+0.015%	$221K	$1.8M	50x	as long as short
GRVT BCH_USDT_Perplong	−0.0063%	8h	265.09	long leg	$387K	$17K	10x
Deribit BCH_USDC-PERPETUAL	−0.0063%	1h	265.12	+0.012%	$443K	$331K	25x	as long as short
Kraken Futures PF_BCHUSD	−0.0051%	1h	265.27	+0.068%	$853K	$3.0M	50x	as long as short
Gate BCH_USDT	−0.0042%	8h	265.29	+0.075%	$8.3M	$13.5M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	265.03	−0.022%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	265.33	+0.091%	$5K	$248	10x	as long as short
Kalshi KXBCHPERPshort	0.0000%	8h	265.16	+0.026%	$1.0M	$10.3M	2.7x
Bybit BCHUSDT	+0.0004%	8h	265.04	−0.019%	$39.1M	$31.1M	75x	as long as short
BingX BCH-USDT	+0.0005%	8h	265.25	+0.060%	—	$32.1M	—	as long as short
BloFin BCH-USDT	+0.0031%	8h	265.19	+0.038%	$3.9M	$4.3M	50x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.928%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0041%	8h	265.00	−0.034%	$2K	$176	10x	as long as short
Aster BCHUSDT	+0.0093%	8h	265.20	+0.043%	$152K	$541K	75x	as long as short
Lighter BCH	+0.0096%	1h	265.28	+0.072%	$358K	$488K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.34	+0.094%	$5.7M	$4.6M	10x	as long as short
Pacifica BCH	+0.0100%	1h	265.35	+0.100%	$160K	$303K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	265.05	−0.016%	$19K	$288K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	265.24	+0.057%	$97K	$232K	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0350% / S −0.0506%	1h	264.99	−0.037%	$24K	—	100x	as long as short