BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.50 per $10,000 · paid last 24h +0.015%

Price spread now: Binance against Kalshi+0.148%51s7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as 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−$400.400% of the position

Long on Kalshi Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.046%+$5 on $10k

Price spread, last 7 days−0.238%−$24 · spread now +0.148%, 7d avg −0.015%

Together, before fees−0.192%−$19 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.163% dearer against Kalshi than usual: you sell high and buy low (spread +0.148% now, against its 7-day average of −0.015%): +$16 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 11 days. The two prices were read 51 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	Kalshi KXBCHPERP	263.75	0	get 0.0000% / 8h	6h 20m	$980K	$10.5M	2.7x
Short	Binance BCHUSDT	264.14	−0.0050	pay 0.0050% / 8h	2h 20m	$72.9M	$220.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Kalshi. 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 KalshibpFee BinancebpOrdersPrice spread, now +0.148%Rate

Funding earned: −$10.5
Price spread: +0.148% → −0.015%: $16.26
Slippage, 4 orders: −$19.98
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$34.22
Costs to cover: 0.400%
Break-even: never at this rate

Slippage from Kalshi: live order book, 3 min ago; Binance: live order book, 8 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 Kalshi live order book, 3 min ago	7.42 bp	12.4 bp −$12	18.2 bp −$182	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	0.19 bp	8.8 bp −$9	21.1 bp −$211	56.1 bp −$5,607	122.3 bp −$61.2K

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
HTX BCH-USDT	−0.0229%	8h	263.60	−0.057%	$770K	$1.4M	75x	as long as short
SoDEX BCH-USD	−0.0219%	1h	263.36	−0.148%	$2K	$8K	10x	as long as short
Phemex BCHUSDT	−0.0174%	8h	263.54	−0.080%	$4.9M	$6.6M	50x	as long as short
Bitget BCHUSDT	−0.0107%	8h	264.09	+0.129%	$18.9M	$28.4M	75x	as long as short
KuCoin BCHUSDTM	−0.0097%	8h	264.16	+0.155%	$8.5M	$6.8M	75x	as long as short
SunX BCH-USDT	−0.0079%	8h	263.62	−0.049%	$2K	$1.7M	30x	as long as short
Variational Omni BCH	−0.0076%	8h	263.30	−0.169%	$81K	$196K	—	as long as short
OKX BCH-USDT-SWAP	−0.0073%	8h	264.00	+0.095%	$25.1M	$77.6M	50x	as long as short
Nado BCH-PERP	−0.0059%	1h	263.95	+0.075%	$432K	$354K	10x	as long as short
Binance BCHUSDTshort	−0.0050%	8h	264.14	+0.148%	$72.9M	$220.2M	75x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BCH_USDT	−0.0050%	8h	264.50	+0.284%	$70.3M	$8.4M	200x	as long as short
Extended BCH-USD	−0.0048%	1h	263.99	+0.092%	$111K	$1.1M	25x	as long as short
Coinbase International BCH-PERP-INTX	−0.0040%	1h	264.08	+0.125%	$218K	$1.9M	50x	as long as short
Bybit BCHUSDT	−0.0031%	8h	264.01	+0.099%	$38.8M	$31.7M	75x	as long as short
BingX BCH-USDC	−0.0023%	8h	264.08	+0.125%	—	$6.5M	—	as long as short
GRVT BCH_USDT_Perp	−0.0022%	8h	262.55	−0.455%	$383K	$17K	10x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	264.23	+0.182%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	264.00	+0.096%	$5K	$240	10x	as long as short
Kalshi KXBCHPERPlong	0.0000%	8h	263.75	long leg	$980K	$10.5M	2.7x
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	263.52	−0.087%	$439K	$333K	25x	as long as short
Gate BCH_USDT	+0.0024%	8h	264.18	+0.163%	$8.3M	$13.9M	75x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.445%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0045%	8h	264.11	+0.136%	$2K	$176	10x	as long as short
Aster BCHUSDT	+0.0065%	8h	264.03	+0.105%	$153K	$556K	75x	as long as short
BloFin BCH-USDT	+0.0070%	8h	263.43	−0.121%	$3.9M	$4.4M	50x	as long as short
Lighter BCH	+0.0096%	1h	263.96	+0.081%	$352K	$497K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	264.33	+0.220%	$5.7M	$4.7M	10x	as long as short
Pacifica BCH	+0.0100%	1h	263.93	+0.069%	$159K	$306K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	262.51	−0.470%	$18K	$347K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	262.75	−0.379%	$94K	$237K	50x	as long as short
Kraken Futures PF_BCHUSD	+0.0180%	1h	263.53	−0.083%	$842K	$3.0M	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	264.26	+0.193%	$12K	—	100x	as long as short