Funding you earn now, next payment 00:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.63 per $10,000 · paid last 24h +0.030%
Price spread now: BingX against Kalshi−0.195%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$360.355% of the position
Funding, last 7 days+0.150%+$15 on $10k
+Price spread, last 7 days+0.092%+$9 · spread now −0.195%, 7d avg −0.016%
=Funding pays, the price is against you. BingX is 0.179% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.195% now, against its 7-day average of −0.016%). If the spread goes back, that is −$18 on $10k: about 9.5 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXBCHPERP | 271.88 | 0 | get 0.0000% / 8h | 5h 35m | $1.2M | $11.7M | 2.7x |
| Short | BingX BCH-USDT | 271.35 | 0.0063 | get 0.0063% / 8h | 1h 35m | — | $30.5M | — |
Kalshi KXBCHPERP
BingX BCH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kalshi. 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
- $13.23
- Price spread: −0.195% → −0.016%
- −$17.94
- Slippage, 4 orders
- −$15.54
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$40.25
- Costs to cover
- 0.355%
- Break-even
- 28.3 days
Slippage from Kalshi: live order book, 4 min ago; BingX: 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 Kalshi live order book, 4 min ago | 5.33 bp | 11.8 bp −$12 | 19.4 bp −$194 | 33.8 bp −$3,375 | doesn't fit |
| Sell BingX live order book, 3 min ago | 0.55 bp | 5.6 bp −$6 | 5.6 bp −$56 | 8.8 bp −$881 | 19.4 bp −$9,714 |
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 | −0.0805% | 1h | 271.62 | −0.095% | $460K | $265K | 25x | as long as short |
| Phemex BCHUSDT | −0.0204% | 8h | 271.53 | −0.129% | $5.0M | $6.3M | 50x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 270.20 | −0.618% | $721 | $130K | 12x | as long as short |
| SoDEX BCH-USD | −0.0100% | 1h | 271.29 | −0.217% | $2K | $6K | 10x | as long as short |
| Variational Omni BCH | −0.0082% | 8h | 271.12 | −0.280% | $86K | $291K | — | as long as short |
| Extended BCH-USD | −0.0064% | 1h | 271.41 | −0.172% | $117K | $653K | 25x | as long as short |
| Binance BCHUSDT | −0.0061% | 8h | 271.36 | −0.192% | $75.5M | $232.9M | 75x | as long as short |
| MEXC BCH_USDT | −0.0060% | 8h | 271.93 | +0.018% | $71.5M | $6.4M | 200x | as long as short |
| Bybit BCHUSDT | −0.0018% | 8h | 271.20 | −0.250% | $39.7M | $32.8M | 75x | as long as short |
| Gate BCH_USDT | −0.0013% | 8h | 271.51 | −0.136% | $8.4M | $14.7M | 75x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
Injective BCH/USDC PERP
SoDEX BCH-USD
Variational Omni BCH
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
Bybit BCHUSDT
Gate BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BCHUSDT | −0.0006% | 8h | 271.37 | −0.188% | $20.1M | $29.1M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 271.46 | −0.153% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERPlong | 0.0000% | 8h | 271.88 | long leg | $1.2M | $11.7M | 2.7x | |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 271.66 | −0.082% | $5K | — | 150x | as long as short |
| GRVT BCH_USDT_Perp | +0.0014% | 8h | 271.46 | −0.155% | $396K | $17K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 271.59 | −0.107% | $234K | $2.1M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0026% | 8h | 271.47 | −0.151% | $2K | $176 | 10x | as long as short |
| BloFin BCH-USDT | +0.0059% | 8h | 271.39 | −0.180% | $4.0M | $4.2M | 50x | as long as short |
| BingX BCH-USDTshort | +0.0063% | 8h | 271.35 | −0.195% | — | $30.5M | — | |
| OKX BCH-USDT-SWAP | +0.0068% | 8h | 271.30 | −0.213% | $26.2M | $78.4M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 271.44 | −0.163% | $379K | $584K | 10x | as long as short |
| Nado BCH-PERP | +0.0100% | 1h | 271.25 | −0.230% | $446K | $427K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 271.84 | −0.015% | $6.1M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 271.70 | −0.065% | $221K | $700K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 271.28 | −0.221% | $165K | $468K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 271.51 | −0.136% | $9.2M | $8.0M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 271.59 | −0.108% | $19K | $289K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 271.90 | +0.007% | $74K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 271.21 | −0.246% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 271.34 | −0.199% | $785K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0112% | 1h | 271.52 | −0.131% | $810K | $3.2M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0343% / S −0.0467% | 1h | 271.93 | +0.017% | $26K | — | 100x | as long as short |
Bitget BCHUSDT
dYdX BCH-USD
gTrade (Gains Network) BCH/USD
GRVT BCH_USDT_Perp
Coinbase International BCH-PERP-INTX
Orderly PERP_BCH_USDC
BloFin BCH-USDT
OKX BCH-USDT-SWAP
Lighter BCH
Nado BCH-PERP
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]