Funding you earn now, next payment 08:00 UTC−0.0085%/8h= −9.3% APRnext payment −$0.85 per $10,000 · paid last 24h +0.015%
Price spread now: MEXC against Kalshi+0.023%7-day average +0.176% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$450.449% of the position
Funding, last 7 days+0.045%+$5 on $10k
+Price spread, last 7 days+0.081%+$8 · spread now +0.023%, 7d avg +0.176%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.153% cheaper against Kalshi than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.176%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXBCHPERP | 266.24 | 0 | get 0.0000% / 8h | 7h 50m | $1.0M | $10.4M | 2.7x |
| Short | MEXC BCH_USDT | 266.30 | −0.0085 | pay 0.0085% / 8h | 3h 50m | $70.5M | $7.9M | 200x |
Kalshi KXBCHPERP
MEXC BCH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$17.85
- Price spread: +0.023% → +0.176%
- −$15.32
- Slippage, 4 orders
- −$30.86
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$78.03
- Costs to cover
- 0.449%
- Break-even
- never at this rate
Slippage from Kalshi: live order book, 3 min ago; MEXC: 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 | 1.13 bp | 18.5 bp −$19 | 22.8 bp −$228 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 4.51 bp | 7.2 bp −$7 | 15.4 bp −$154 | 49.4 bp −$4,941 | 87.2 bp −$43.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BCH-USDT | −0.0297% | 8h | 265.79 | −0.169% | $2K | $1.7M | 30x | as long as short |
| Phemex BCHUSDT | −0.0270% | 8h | 265.79 | −0.169% | $4.9M | $6.4M | 50x | as long as short |
| HTX BCH-USDT | −0.0231% | 8h | 265.93 | −0.116% | $776K | $1.4M | 75x | as long as short |
| Nado BCH-PERP | −0.0177% | 1h | 265.96 | −0.105% | $429K | $345K | 10x | as long as short |
| SoDEX BCH-USD | −0.0118% | 1h | 265.86 | −0.143% | $2K | $8K | 10x | as long as short |
| OKX BCH-USDT-SWAP | −0.0103% | 8h | 265.80 | −0.165% | $25.2M | $76.5M | 50x | as long as short |
| MEXC BCH_USDTshort | −0.0085% | 8h | 266.30 | +0.023% | $70.5M | $7.9M | 200x | |
| Binance BCHUSDT | −0.0082% | 8h | 265.91 | −0.124% | $72.2M | $215.4M | 75x | as long as short |
| KuCoin BCHUSDTM | −0.0081% | 8h | 265.98 | −0.098% | $8.5M | $7.0M | 75x | as long as short |
| Extended BCH-USD | −0.0080% | 1h | 265.78 | −0.172% | $112K | $958K | 25x | as long as short |
SunX BCH-USDT
Phemex BCHUSDT
HTX BCH-USDT
Nado BCH-PERP
SoDEX BCH-USD
OKX BCH-USDT-SWAP
Binance BCHUSDT
KuCoin BCHUSDTM
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BCHUSDT | −0.0078% | 8h | 265.85 | −0.146% | $19.0M | $28.2M | 75x | as long as short |
| Variational Omni BCH | −0.0068% | 8h | 265.90 | −0.126% | $82K | $197K | — | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0064% | 1h | 265.86 | −0.143% | $218K | $1.8M | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0054% | 8h | 266.56 | +0.122% | $389K | $17K | 10x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0051% | 1h | 266.13 | −0.042% | $855K | $3.0M | 50x | as long as short |
| Gate BCH_USDT | −0.0040% | 8h | 265.97 | −0.101% | $8.3M | $13.6M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 266.13 | −0.042% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 266.27 | +0.010% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERPlong | 0.0000% | 8h | 266.24 | long leg | $1.0M | $10.4M | 2.7x | |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 266.07 | −0.065% | $445K | $332K | 25x | as long as short |
| Bybit BCHUSDT | +0.0013% | 8h | 265.81 | −0.162% | $39.3M | $31.2M | 75x | as long as short |
| BingX BCH-USDT | +0.0015% | 8h | 265.99 | −0.094% | — | $32.9M | — | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.487% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0038% | 8h | 265.91 | −0.124% | $3.9M | $4.3M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0042% | 8h | 265.96 | −0.105% | $2K | $176 | 10x | as long as short |
| Aster BCHUSDT | +0.0095% | 8h | 266.17 | −0.027% | $153K | $541K | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 265.93 | −0.116% | $359K | $488K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 266.12 | −0.047% | $5.7M | $4.6M | 10x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 266.00 | −0.090% | $160K | $303K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 266.21 | −0.010% | $19K | $289K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 266.45 | +0.079% | $97K | $233K | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0350% / S −0.0506% | 1h | 266.08 | −0.061% | $24K | — | 100x | as long as short |
Bitget BCHUSDT
Variational Omni BCH
Coinbase International BCH-PERP-INTX
GRVT BCH_USDT_Perp
Kraken Futures PF_BCHUSD
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Deribit BCH_USDC-PERPETUAL
Bybit BCHUSDT
BingX BCH-USDT
Injective BCH/USDC PERP
BloFin BCH-USDT
Orderly PERP_BCH_USDC
Aster BCHUSDT
Lighter BCH
Hyperliquid BCH
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
GMX BCH/USD [WBTC.b-USDC]