Funding you earn now, next payment 00:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.54 per $10,000 · paid last 24h +0.027%
Price spread now: OKX against Kalshi−0.063%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$490.494% of the position
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 7 days−0.043%−$4 · spread now −0.063%, 7d avg −0.040%
=Funding pays, the price is against you. OKX is 0.023% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.063% now, against its 7-day average of −0.040%). If the spread goes back, that is −$2 on $10k: about 35 hours 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 | 270.87 | 0 | get 0.0000% / 8h | 4h 47m | $1.3M | $11.8M | 2.7x |
| Short | OKX BCH-USDT-SWAP | 270.70 | 0.0054 | get 0.0054% / 8h | 47m 35s | $26.6M | $79.3M | 50x |
Kalshi KXBCHPERP
OKX BCH-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $11.25
- Price spread: −0.063% → −0.040%
- −$2.33
- Slippage, 4 orders
- −$29.36
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$40.44
- Costs to cover
- 0.494%
- Break-even
- 32.2 days
Slippage from Kalshi: live order book, 1 min ago; OKX: 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 | 10.14 bp | 15.1 bp −$15 | 19.9 bp −$199 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 1.85 bp | 10.1 bp −$10 | 18.3 bp −$183 | 86.0 bp −$8,598 | 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 | −0.0344% | 1h | 270.88 | +0.004% | $458K | $266K | 25x | as long as short |
| Phemex BCHUSDT | −0.0187% | 8h | 270.90 | +0.011% | $4.9M | $6.5M | 50x | as long as short |
| Variational Omni BCH | −0.0136% | 8h | 270.92 | +0.017% | $83K | $294K | — | as long as short |
| Kraken Futures PF_BCHUSD | −0.0124% | 1h | 271.12 | +0.091% | $821K | $3.2M | 50x | as long as short |
| Bybit BCHUSDT | −0.0077% | 8h | 270.64 | −0.085% | $39.6M | $33.2M | 75x | as long as short |
| SoDEX BCH-USD | −0.0064% | 1h | 270.78 | −0.033% | $2K | $6K | 10x | as long as short |
| Injective BCH/USDC PERP | −0.0054% | 1h | 270.20 | −0.247% | $721 | $130K | 12x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0032% | 1h | 270.91 | +0.015% | $240K | $2.1M | 50x | as long as short |
| MEXC BCH_USDT | −0.0027% | 8h | 271.33 | +0.170% | $71.1M | $6.6M | 200x | as long as short |
| Binance BCHUSDT | −0.0025% | 8h | 270.80 | −0.026% | $75.5M | $235.1M | 75x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
Variational Omni BCH
Kraken Futures PF_BCHUSD
Bybit BCHUSDT
SoDEX BCH-USD
Injective BCH/USDC PERP
Coinbase International BCH-PERP-INTX
MEXC BCH_USDT
Binance BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0024% | 1h | 270.57 | −0.112% | $117K | $653K | 25x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 270.99 | +0.043% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERPlong | 0.0000% | 8h | 270.87 | long leg | $1.3M | $11.8M | 2.7x | |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 270.95 | +0.030% | $4K | — | 150x | as long as short |
| Gate BCH_USDT | +0.0013% | 8h | 270.75 | −0.044% | $8.4M | $14.4M | 75x | as long as short |
| Orderly PERP_BCH_USDC | +0.0025% | 8h | 270.80 | −0.026% | $2K | $176 | 10x | as long as short |
| GRVT BCH_USDT_Perp | +0.0030% | 8h | 271.04 | +0.063% | $395K | $17K | 10x | as long as short |
| Bitget BCHUSDT | +0.0038% | 8h | 270.59 | −0.103% | $19.6M | $29.6M | 75x | as long as short |
| ApeX Omni BCHUSDT | +0.0051% | 1h | 271.04 | +0.063% | $73K | $214K | 50x | as long as short |
| OKX BCH-USDT-SWAPshort | +0.0054% | 8h | 270.70 | −0.063% | $26.6M | $79.3M | 50x | |
| BingX BCH-USDC | +0.0059% | 8h | 270.74 | −0.048% | — | $6.5M | — | as long as short |
| BloFin BCH-USDT | +0.0093% | 8h | 270.82 | −0.018% | $4.0M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 270.83 | −0.013% | $375K | $554K | 10x | as long as short |
| Nado BCH-PERP | +0.0100% | 1h | 270.69 | −0.068% | $441K | $430K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 271.14 | +0.100% | $6.1M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 270.93 | +0.024% | $217K | $705K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 270.84 | −0.011% | $165K | $467K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 270.87 | 0.000% | $9.3M | $7.9M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 270.96 | +0.034% | $19K | $290K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 270.73 | −0.052% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 270.83 | −0.015% | $779K | $1.7M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0335% / S −0.0340% | 1h | 270.98 | +0.039% | $27K | — | 100x | as long as short |
Extended BCH-USD
dYdX BCH-USD
gTrade (Gains Network) BCH/USD
Gate BCH_USDT
Orderly PERP_BCH_USDC
GRVT BCH_USDT_Perp
Bitget BCHUSDT
ApeX Omni BCHUSDT
BingX BCH-USDC
BloFin BCH-USDT
Lighter BCH
Nado BCH-PERP
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]