Funding you earn now, next payment 03:00 UTC−0.0309%/8h= −33.8% APRpaid last 24h −0.045%
Price spread now: SoDEX against Kalshi−0.188%55s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and SoDEX is 0.188% cheaper against Kalshi than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXBCHPERP | 266.42 | 0 | get 0.0000% / 8h | 1h 12m | $1.1M | $10.2M | 2.7x |
| Short | SoDEX BCH-USD | 265.92 | −0.0309 | pay 0.0039% / 1h | 12m 21s | $2K | $8K | 10x |
Kalshi KXBCHPERP
SoDEX BCH-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$64.84
- Price spread: −0.188% → 0.000%
- −$18.77
- Slippage, 4 orders
- no order book: not counted
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$101.6
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Kalshi: live order book, 1 min ago; SoDEX: 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, 1 min ago | 6.19 bp | 11.2 bp −$11 | 20.1 bp −$201 | 35.3 bp −$3,526 | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BCH-USDT | −0.1174% | 8h | 265.79 | −0.236% | $2K | $1.7M | 30x | as long as short |
| HTX BCH-USDT | −0.0432% | 8h | 265.81 | −0.229% | $773K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0391% | 8h | 265.90 | −0.195% | $4.9M | $6.5M | 50x | as long as short |
| SoDEX BCH-USDshort | −0.0309% | 1h | 265.92 | −0.188% | $2K | $8K | 10x | |
| Coinbase International BCH-PERP-INTX | −0.0128% | 1h | 266.40 | −0.008% | $224K | $1.8M | 50x | as long as short |
| Nado BCH-PERP | −0.0124% | 1h | 265.99 | −0.160% | $423K | $339K | 10x | as long as short |
| GRVT BCH_USDT_Perp | −0.0120% | 8h | 266.63 | +0.078% | $389K | $17K | 10x | as long as short |
| Binance BCHUSDT | −0.0105% | 8h | 265.93 | −0.184% | $72.3M | $213.5M | 75x | as long as short |
| Extended BCH-USD | −0.0104% | 1h | 265.82 | −0.224% | $112K | $952K | 25x | as long as short |
| MEXC BCH_USDT | −0.0103% | 8h | 266.38 | −0.015% | $70.2M | $7.0M | 200x | as long as short |
SunX BCH-USDT
HTX BCH-USDT
Phemex BCHUSDT
Coinbase International BCH-PERP-INTX
Nado BCH-PERP
GRVT BCH_USDT_Perp
Binance BCHUSDT
Extended BCH-USD
MEXC BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BCH | −0.0095% | 8h | 266.60 | +0.067% | $82K | $201K | — | as long as short |
| Gate BCH_USDT | −0.0090% | 8h | 266.02 | −0.150% | $8.3M | $13.3M | 75x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0077% | 1h | 266.05 | −0.139% | $445K | $331K | 25x | as long as short |
| OKX BCH-USDT-SWAP | −0.0075% | 8h | 265.90 | −0.195% | $25.2M | $74.2M | 50x | as long as short |
| KuCoin BCHUSDTM | −0.0068% | 8h | 266.09 | −0.124% | $8.6M | $7.1M | 75x | as long as short |
| Bitget BCHUSDT | −0.0065% | 8h | 265.88 | −0.203% | $19.2M | $28.1M | 75x | as long as short |
| Bybit BCHUSDT | −0.0032% | 8h | 265.95 | −0.176% | $39.2M | $30.8M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0031% | 1h | 266.16 | −0.098% | $854K | $3.0M | 50x | as long as short |
| BingX BCH-USDT | −0.0031% | 8h | 266.04 | −0.143% | — | $32.1M | — | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 266.21 | −0.077% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 266.30 | −0.045% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERPlong | 0.0000% | 8h | 266.42 | long leg | $1.1M | $10.2M | 2.7x | |
| BloFin BCH-USDT | +0.0016% | 8h | 265.93 | −0.184% | $3.9M | $4.2M | 50x | as long as short |
| Pacifica BCH | +0.0021% | 1h | 266.14 | −0.105% | $162K | $321K | 10x | as long as short |
| Orderly PERP_BCH_USDC | +0.0033% | 8h | 265.87 | −0.206% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.419% | $721 | $130K | 12x | as long as short |
| ApeX Omni BCHUSDT | +0.0044% | 1h | 266.70 | +0.105% | $97K | $227K | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 266.13 | −0.109% | $364K | $482K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 266.20 | −0.081% | $5.7M | $4.7M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 266.34 | −0.031% | $168K | $519K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 266.57 | +0.058% | $19K | $291K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0357% / S −0.0525% | 1h | 266.09 | −0.125% | $25K | — | 100x | as long as short |
Variational Omni BCH
Gate BCH_USDT
Deribit BCH_USDC-PERPETUAL
OKX BCH-USDT-SWAP
KuCoin BCHUSDTM
Bitget BCHUSDT
Bybit BCHUSDT
Kraken Futures PF_BCHUSD
BingX BCH-USDT
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
BloFin BCH-USDT
Pacifica BCH
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
ApeX Omni BCHUSDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]