Funding you earn now, next payment 12:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.44 per $10,000 · paid last 24h +0.015%
Price spread now: Orderly against Kalshi−0.085%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Orderly is 0.085% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.085% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 6.5 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXBCHPERP | 269.64 | 0 | get 0.0000% / 8h | 3h 12m | $1.0M | $9.1M | 2.7x |
| Short | Orderly PERP_BCH_USDC | 269.41 | 0.0044 | get 0.0044% / 8h | 7h 12m | $2K | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $9.17
- Price spread: −0.085% → 0.000%
- −$8.53
- Slippage, 4 orders
- no order book: not counted
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$15.36
- Costs to cover
- 0.160%
- Break-even
- 18.7 days
Slippage unknown: Kalshi: live order book, 2 min ago; Orderly: no order-book sample. Net counts fees only.
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, 2 min ago | 5.39 bp | 14.3 bp −$14 | 22.2 bp −$222 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX BCH-USD | −0.0418% | 1h | 269.43 | −0.078% | $2K | $8K | 10x | as long as short |
| Phemex BCHUSDT | −0.0359% | 8h | 269.35 | −0.108% | $5.0M | $6.5M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0157% | 1h | 269.69 | +0.019% | $898K | $2.7M | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0126% | 8h | 268.70 | −0.349% | $392K | $17K | 10x | as long as short |
| Variational Omni BCH | −0.0125% | 8h | 268.91 | −0.270% | $147K | $261K | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0105% | 8h | 269.40 | −0.089% | $25.5M | $77.8M | 50x | as long as short |
| Extended BCH-USD | −0.0064% | 1h | 269.32 | −0.118% | $118K | $918K | 25x | as long as short |
| Bitget BCHUSDT | −0.0062% | 8h | 269.47 | −0.063% | $19.2M | $27.4M | 75x | as long as short |
| Binance BCHUSDT | −0.0062% | 8h | 269.45 | −0.070% | $73.8M | $212.7M | 75x | as long as short |
| MEXC BCH_USDT | −0.0060% | 8h | 269.97 | +0.122% | $72.6M | $9.5M | 200x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BCHUSDTM | −0.0050% | 8h | 269.48 | −0.059% | $8.6M | $6.1M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 269.54 | −0.036% | $15K | — | 150x | as long as short |
| Pacifica BCH | −0.0002% | 1h | 269.08 | −0.209% | $156K | $293K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 269.17 | −0.174% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERPlong | 0.0000% | 8h | 269.64 | long leg | $1.0M | $9.1M | 2.7x | |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 269.60 | −0.014% | $424K | $356K | 25x | as long as short |
| Aster BCHUSDT | +0.0014% | 8h | 269.56 | −0.030% | $153K | $556K | 75x | as long as short |
| Gate BCH_USDT | +0.0017% | 8h | 269.47 | −0.063% | $8.4M | $13.3M | 75x | as long as short |
| Bybit BCHUSDT | +0.0021% | 8h | 269.40 | −0.089% | $40.0M | $32.0M | 75x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.208% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDCshort | +0.0044% | 8h | 269.41 | −0.085% | $2K | — | 10x | |
| Nado BCH-PERP | +0.0054% | 1h | 269.05 | −0.219% | $460K | $388K | 10x | as long as short |
| BloFin BCH-USDT | +0.0060% | 8h | 268.68 | −0.356% | $3.5M | $5.2M | 50x | as long as short |
| BingX BCH-USDC | +0.0081% | 8h | 269.47 | −0.063% | — | $6.5M | — | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0088% | 1h | 269.62 | −0.007% | $347K | $2.1M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 269.56 | −0.030% | $394K | $514K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.78 | +0.052% | $5.9M | $4.7M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 268.82 | −0.304% | $19K | $346K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 268.96 | −0.252% | $97K | $242K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 269.29 | −0.130% | $2K | $1.5M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 269.21 | −0.159% | $776K | $1.3M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0210% / S −0.0163% | 1h | 269.55 | −0.032% | $13K | — | 100x | as long as short |
Kalshi KXBCHPERP
SoDEX BCH-USD
Phemex BCHUSDT
Kraken Futures PF_BCHUSD
GRVT BCH_USDT_Perp
Variational Omni BCH
OKX BCH-USDT-SWAP
Extended BCH-USD
Bitget BCHUSDT
Binance BCHUSDT
MEXC BCH_USDT
KuCoin BCHUSDTM
gTrade (Gains Network) BCH/USD
Pacifica BCH
Deribit BCH_USDC-PERPETUAL
Aster BCHUSDT
Gate BCH_USDT
Bybit BCHUSDT
Injective BCH/USDC PERP
BloFin BCH-USDT
BingX BCH-USDC
Coinbase International BCH-PERP-INTX
Lighter BCH
Hyperliquid BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]