BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.11 per $10,000 · paid last 24h +0.022%

Price spread now: Gate against Kalshi−0.077%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$550.548% of the position

Long on Kalshi Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.082%+$8 on $10k

Price spread, last 7 days+0.006%+$1 · spread now −0.077%, 7d avg −0.009%

Together, before fees+0.087%+$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.068% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.077% now, against its 7-day average of −0.009%). If the spread goes back, that is −$7 on $10k: about 21 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.082% in total) that is about 5.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXBCHPERP	271.43	0	get 0.0000% / 8h	4h 55m	$1.3M	$11.8M	2.7x
Short	Gate BCH_USDT	271.22	0.0011	get 0.0011% / 8h	55m 52s	$8.4M	$14.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.077%Rate

Funding earned: $2.31
Price spread: −0.077% → −0.009%: −$6.79
Slippage, 4 orders: −$29.79
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$59.27
Costs to cover: 0.548%
Break-even: 186.6 days

Slippage from Kalshi: live order book, 3 min ago; Gate: 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, 3 min ago	7.01 bp	16.4 bp −$16	20.4 bp −$204	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	2.22 bp	12.1 bp −$12	18.0 bp −$180	41.4 bp −$4,143	56.1 bp −$28.0K

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	−0.0232%	1h	271.55	+0.043%	$459K	$266K	25x	as long as short
Phemex BCHUSDT	−0.0196%	8h	271.34	−0.033%	$5.0M	$6.5M	50x	as long as short
Variational Omni BCH	−0.0127%	8h	270.01	−0.522%	$83K	$294K	—	as long as short
Kraken Futures PF_BCHUSD	−0.0124%	1h	271.72	+0.106%	$822K	$3.2M	50x	as long as short
Bybit BCHUSDT	−0.0073%	8h	271.17	−0.096%	$39.7M	$33.2M	75x	as long as short
Injective BCH/USDC PERP	−0.0054%	1h	270.20	−0.453%	$721	$130K	12x	as long as short
Extended BCH-USD	−0.0032%	1h	271.07	−0.132%	$117K	$653K	25x	as long as short
MEXC BCH_USDT	−0.0032%	8h	271.75	+0.118%	$71.2M	$6.6M	200x	as long as short
Coinbase International BCH-PERP-INTX	−0.0032%	1h	270.64	−0.291%	$241K	$2.1M	50x	as long as short
Binance BCHUSDT	−0.0031%	8h	271.23	−0.075%	$75.5M	$234.7M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX BCH-USD	0.0000%	1h	271.11	−0.117%	$5K	$248	10x	as long as short
Kalshi KXBCHPERPlong	0.0000%	8h	271.43	long leg	$1.3M	$11.8M	2.7x
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	271.55	+0.045%	$5K	—	150x	as long as short
Gate BCH_USDTshort	+0.0011%	8h	271.22	−0.077%	$8.4M	$14.3M	75x
GRVT BCH_USDT_Perp	+0.0020%	8h	270.20	−0.454%	$394K	$17K	10x	as long as short
Orderly PERP_BCH_USDC	+0.0024%	8h	271.41	−0.007%	$2K	$176	10x	as long as short
Bitget BCHUSDT	+0.0034%	8h	271.15	−0.103%	$19.7M	$29.6M	75x	as long as short
BingX BCH-USDT	+0.0055%	8h	271.21	−0.081%	—	$30.6M	—	as long as short
OKX BCH-USDT-SWAP	+0.0059%	8h	271.10	−0.122%	$26.7M	$79.3M	50x	as long as short
Nado BCH-PERP	+0.0084%	1h	271.15	−0.103%	$443K	$429K	10x	as long as short
BloFin BCH-USDT	+0.0087%	8h	270.93	−0.184%	$4.0M	$4.2M	50x	as long as short
Lighter BCH	+0.0096%	1h	271.49	+0.022%	$376K	$554K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	271.47	+0.015%	$6.1M	$4.2M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	271.36	−0.026%	$219K	$705K	75x	as long as short
Pacifica BCH	+0.0100%	1h	271.09	−0.124%	$165K	$467K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	271.44	+0.004%	$9.3M	$7.9M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	270.47	−0.354%	$19K	$289K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	270.50	−0.343%	$73K	$214K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	271.18	−0.092%	$2K	$2.0M	30x	as long as short
SoDEX BCH-USD	+0.0100%	1h	271.41	−0.007%	$2K	$6K	10x	as long as short
HTX BCH-USDT	+0.0100%	8h	271.32	−0.041%	$780K	$1.7M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0335% / S −0.0340%	1h	271.56	+0.047%	$27K	—	100x	as long as short