Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.027%
Price spread now: KuCoin against Kalshi−0.171%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$570.574% of the position
Funding, last 7 days+0.167%+$17 on $10k
+Price spread, last 7 days+0.112%+$11 · spread now −0.171%, 7d avg +0.008%
=Funding pays, the price is against you. KuCoin is 0.178% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.171% now, against its 7-day average of +0.008%). If the spread goes back, that is −$18 on $10k: about 5.9 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXBCHPERP | 269.52 | 0 | get 0.0000% / 8h | 3h 33m | $1.1M | $10.9M | 2.7x |
| Short | KuCoin BCHUSDTM | 269.06 | 0.0100 | get 0.0100% / 8h | 7h 33m | $9.0M | $7.6M | 75x |
Kalshi KXBCHPERP
KuCoin BCHUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.171% → +0.008%
- −$17.84
- Slippage, 4 orders
- −$35.4
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$54.24
- Costs to cover
- 0.574%
- Break-even
- 25.1 days
Slippage from Kalshi: live order book, 6 min ago; KuCoin: live order book, 5 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, 6 min ago | 4.48 bp | 15.9 bp −$16 | 21.2 bp −$212 | 53.3 bp −$5,327 | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 0.93 bp | 22.1 bp −$22 | 65.5 bp −$655 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex BCHUSDT | −0.0785% | 8h | 268.90 | −0.230% | $4.9M | $6.5M | 50x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0545% | 1h | 269.06 | −0.170% | $455K | $266K | 25x | as long as short |
| SoDEX BCH-USD | −0.0516% | 1h | 268.88 | −0.237% | $2K | $6K | 10x | as long as short |
| GRVT BCH_USDT_Perp | −0.0180% | 8h | 268.67 | −0.316% | $391K | $17K | 10x | as long as short |
| HTX BCH-USDT | −0.0174% | 8h | 269.15 | −0.137% | $782K | $1.6M | 75x | as long as short |
| ApeX Omni BCHUSDT | −0.0171% | 1h | 268.26 | −0.467% | $73K | $214K | 50x | as long as short |
| Variational Omni BCH | −0.0127% | 8h | 268.51 | −0.375% | $82K | $285K | — | as long as short |
| Gate BCH_USDT | −0.0058% | 8h | 269.23 | −0.108% | $8.5M | $14.2M | 75x | as long as short |
| Extended BCH-USD | −0.0056% | 1h | 268.79 | −0.269% | $117K | $1.0M | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 268.58 | −0.349% | $227K | $2.1M | 50x | as long as short |
Phemex BCHUSDT
Deribit BCH_USDC-PERPETUAL
SoDEX BCH-USD
GRVT BCH_USDT_Perp
HTX BCH-USDT
ApeX Omni BCHUSDT
Variational Omni BCH
Gate BCH_USDT
Extended BCH-USD
Coinbase International BCH-PERP-INTXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0055% | 8h | 268.99 | −0.197% | $72.9M | $230.2M | 75x | as long as short |
| MEXC BCH_USDT | −0.0054% | 8h | 269.52 | 0.000% | $70.6M | $6.6M | 200x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 269.07 | −0.166% | $858K | $3.1M | 50x | as long as short |
| Bybit BCHUSDT | −0.0015% | 8h | 269.00 | −0.193% | $39.8M | $32.7M | 75x | as long as short |
| Bitget BCHUSDT | −0.0009% | 8h | 268.99 | −0.197% | $19.3M | $29.4M | 75x | as long as short |
| Nado BCH-PERP | 0.0000% | 1h | 269.24 | −0.103% | $442K | $420K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 269.39 | −0.049% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERPlong | 0.0000% | 8h | 269.52 | long leg | $1.1M | $10.9M | 2.7x | |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 269.15 | −0.138% | $4K | — | 150x | as long as short |
| BingX BCH-USDT | +0.0020% | 8h | 269.10 | −0.156% | — | $31.2M | — | as long as short |
| OKX BCH-USDT-SWAP | +0.0023% | 8h | 269.00 | −0.193% | $26.1M | $77.1M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0031% | 8h | 268.99 | −0.197% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.252% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0065% | 8h | 268.84 | −0.252% | $3.9M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 268.99 | −0.197% | $370K | $529K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.57 | +0.019% | $6.0M | $4.4M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 269.31 | −0.077% | $178K | $666K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 269.30 | −0.082% | $164K | $407K | 10x | as long as short |
| KuCoin BCHUSDTMshort | +0.0100% | 8h | 269.06 | −0.171% | $9.0M | $7.6M | 75x | |
| edgeX BCHUSDC | +0.0100% | 4h | 268.60 | −0.341% | $19K | $291K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 269.01 | −0.189% | $2K | $1.9M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0334% / S −0.0451% | 1h | 269.11 | −0.153% | $25K | — | 100x | as long as short |
Binance BCHUSDT
MEXC BCH_USDT
Kraken Futures PF_BCHUSD
Bybit BCHUSDT
Bitget BCHUSDT
Nado BCH-PERP
dYdX BCH-USD
gTrade (Gains Network) BCH/USD
BingX BCH-USDT
OKX BCH-USDT-SWAP
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
edgeX BCHUSDC
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]