Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.021%
Price spread now: SunX against Kalshi−0.162%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$940.938% of the position
Funding, last 7 days+0.201%+$20 on $10k
+Price spread, last 3 days (all we have)+0.138%+$14 · spread now −0.162%, 7d avg −0.020%
=Funding pays, the price is against you. SunX is 0.142% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.162% now, against its 7-day average of −0.020%). If the spread goes back, that is −$14 on $10k: about 4.7 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 | 270.85 | 0 | get 0.0000% / 8h | 5h 28m | $1.3M | $11.8M | 2.7x |
| Short | SunX BCH-USDT | 270.41 | 0.0100 | get 0.0100% / 8h | 1h 28m | $2K | $2.0M | 30x |
Kalshi KXBCHPERP
SunX BCH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: −0.162% → −0.020%
- −$14.21
- Slippage, 4 orders
- −$75.83
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$87.05
- Costs to cover
- 0.938%
- Break-even
- 36.0 days
Slippage from Kalshi: live order book, 5 min ago; SunX: live order book, 7 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, 5 min ago | 6.44 bp | 11.4 bp −$11 | 18.7 bp −$187 | doesn't fit | doesn't fit |
| Sell SunX live order book, 7 min ago | 19.55 bp | 28.9 bp −$29 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0883% | 1h | 270.66 | −0.072% | $459K | $265K | 25x | as long as short |
| Phemex BCHUSDT | −0.0194% | 8h | 270.63 | −0.081% | $4.9M | $6.4M | 50x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 270.20 | −0.240% | $721 | $130K | 12x | as long as short |
| SoDEX BCH-USD | −0.0105% | 1h | 270.58 | −0.100% | $2K | $6K | 10x | as long as short |
| Variational Omni BCH | −0.0094% | 8h | 270.22 | −0.234% | $86K | $291K | — | as long as short |
| Binance BCHUSDT | −0.0059% | 8h | 270.77 | −0.031% | $75.3M | $233.2M | 75x | as long as short |
| MEXC BCH_USDT | −0.0058% | 8h | 271.16 | +0.114% | $71.2M | $6.5M | 200x | as long as short |
| Extended BCH-USD | −0.0056% | 1h | 270.49 | −0.132% | $117K | $653K | 25x | as long as short |
| Bybit BCHUSDT | −0.0039% | 8h | 270.64 | −0.078% | $39.6M | $32.9M | 75x | as long as short |
| Gate BCH_USDT | −0.0006% | 8h | 270.69 | −0.059% | $8.4M | $14.8M | 75x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
Injective BCH/USDC PERP
SoDEX BCH-USD
Variational Omni BCH
Binance BCHUSDT
MEXC BCH_USDT
Extended BCH-USD
Bybit BCHUSDT
Gate BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX BCH-USD | 0.0000% | 1h | 270.86 | +0.003% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERPlong | 0.0000% | 8h | 270.85 | long leg | $1.3M | $11.8M | 2.7x | |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 270.75 | −0.037% | $4K | — | 150x | as long as short |
| Bitget BCHUSDT | +0.0001% | 8h | 270.73 | −0.044% | $20.0M | $29.1M | 75x | as long as short |
| GRVT BCH_USDT_Perp | +0.0011% | 8h | 270.47 | −0.141% | $394K | $17K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 270.87 | +0.007% | $233K | $2.1M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0025% | 8h | 270.57 | −0.103% | $2K | $176 | 10x | as long as short |
| BloFin BCH-USDT | +0.0061% | 8h | 270.49 | −0.133% | $4.0M | $4.2M | 50x | as long as short |
| BingX BCH-USDT | +0.0066% | 8h | 270.77 | −0.030% | — | $30.5M | — | as long as short |
| OKX BCH-USDT-SWAP | +0.0071% | 8h | 270.80 | −0.018% | $26.1M | $78.3M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 270.86 | +0.005% | $378K | $584K | 10x | as long as short |
| Nado BCH-PERP | +0.0099% | 1h | 270.46 | −0.143% | $445K | $428K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 271.07 | +0.081% | $6.1M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 270.95 | +0.037% | $221K | $700K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 270.73 | −0.044% | $165K | $468K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 270.66 | −0.070% | $9.2M | $8.0M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 271.01 | +0.058% | $19K | $290K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 271.05 | +0.074% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDTshort | +0.0100% | 8h | 270.41 | −0.162% | $2K | $2.0M | 30x | |
| HTX BCH-USDT | +0.0100% | 8h | 270.60 | −0.092% | $779K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0112% | 1h | 270.79 | −0.024% | $814K | $3.2M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0342% / S −0.0467% | 1h | 271.10 | +0.092% | $26K | — | 100x | as long as short |
dYdX BCH-USD
gTrade (Gains Network) BCH/USD
Bitget BCHUSDT
GRVT BCH_USDT_Perp
Coinbase International BCH-PERP-INTX
Orderly PERP_BCH_USDC
BloFin BCH-USDT
BingX BCH-USDT
OKX BCH-USDT-SWAP
Lighter BCH
Nado BCH-PERP
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
HTX BCH-USDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]