BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0059%/8h= −6.4% APRnext payment −$0.59 per $10,000 · paid last 24h +0.024%

Price spread now: Bybit against Kalshi−0.201%51s7-day average −0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as 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−$480.476% of the position

Long on Kalshi Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.089%+$9 on $10k

Price spread, last 7 days+0.077%+$8 · spread now −0.201%, 7d avg −0.045%

Together, before fees+0.166%+$17 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.157% cheaper against Kalshi than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.045%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.089%, so the current rate has only just turned against you. 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	268.11	0	get 0.0000% / 8h	6h 32m	$1.1M	$11.4M	2.7x
Short	Bybit BCHUSDT	267.57	−0.0059	pay 0.0059% / 8h	2h 32m	$39.4M	$32.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.201%Rate

Funding earned: −$12.31
Price spread: −0.201% → −0.045%: −$15.67
Slippage, 4 orders: −$26.57
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$75.55
Costs to cover: 0.476%
Break-even: never at this rate

Slippage from Kalshi: live order book, 1 min ago; Bybit: 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 Kalshi live order book, 1 min ago	5.22 bp	10.2 bp −$10	19.0 bp −$190	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	1.87 bp	10.6 bp −$11	21.6 bp −$216	77.5 bp −$7,753	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	−0.0410%	1h	267.86	−0.094%	$438K	$247K	25x	as long as short
Injective BCH/USDC PERP	−0.0304%	1h	267.23	−0.328%	$713	$80K	12x	as long as short
Phemex BCHUSDT	−0.0202%	8h	267.75	−0.134%	$4.9M	$6.2M	50x	as long as short
SoDEX BCH-USD	−0.0180%	1h	267.74	−0.138%	$2K	$6K	10x	as long as short
MEXC BCH_USDT	−0.0115%	8h	268.35	+0.090%	$71.1M	$6.4M	200x	as long as short
Binance BCHUSDT	−0.0114%	8h	267.63	−0.180%	$73.9M	$229.0M	75x	as long as short
Extended BCH-USD	−0.0112%	1h	267.59	−0.193%	$105K	$643K	25x	as long as short
Variational Omni BCH	−0.0080%	8h	267.64	−0.175%	$85K	$291K	—	as long as short
Bybit BCHUSDTshort	−0.0059%	8h	267.57	−0.201%	$39.4M	$32.0M	75x
GRVT BCH_USDT_Perp	−0.0050%	8h	267.74	−0.139%	$390K	$17K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BCHUSDT	−0.0048%	8h	267.64	−0.175%	$20.0M	$28.8M	75x	as long as short
Gate BCH_USDT	−0.0030%	8h	267.73	−0.142%	$8.4M	$14.4M	75x	as long as short
Coinbase International BCH-PERP-INTX	−0.0024%	1h	267.90	−0.078%	$246K	$2.0M	50x	as long as short
BingX BCH-USDC	−0.0007%	8h	267.70	−0.153%	—	$6.5M	—	as long as short
OKX BCH-USDT-SWAP	−0.0002%	8h	267.50	−0.228%	$26.2M	$75.7M	50x	as long as short
dYdX BCH-USD	0.0000%	1h	267.89	−0.083%	$5K	$248	10x	as long as short
Kalshi KXBCHPERPlong	0.0000%	8h	268.11	long leg	$1.1M	$11.4M	2.7x
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	267.81	−0.112%	$4K	—	150x	as long as short
BloFin BCH-USDT	+0.0005%	8h	267.74	−0.138%	$4.0M	$4.1M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0028%	8h	267.64	−0.175%	$2K	$176	10x	as long as short
Kraken Futures PF_BCHUSD	+0.0074%	1h	268.11	0.000%	$804K	$3.2M	50x	as long as short
Nado BCH-PERP	+0.0079%	1h	267.61	−0.186%	$438K	$427K	10x	as long as short
KuCoin BCHUSDTM	+0.0091%	8h	267.74	−0.138%	$8.9M	$8.0M	75x	as long as short
Lighter BCH	+0.0096%	1h	267.76	−0.132%	$375K	$580K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	267.94	−0.063%	$6.0M	$4.1M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	267.69	−0.157%	$234K	$660K	75x	as long as short
Pacifica BCH	+0.0100%	1h	267.73	−0.142%	$169K	$460K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	267.63	−0.180%	$19K	$289K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	268.16	+0.019%	$73K	$214K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	267.69	−0.157%	$2K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	267.69	−0.157%	$770K	$1.6M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0372% / S −0.0574%	1h	267.75	−0.136%	$26K	—	100x	as long as short