Funding you earn now, next payment 04:00 UTC−0.0073%/8h= −8.0% APRnext payment −$0.73 per $10,000 · paid last 24h −0.008%
Price spread now: Variational Omni against Kalshi−0.059%55s7-day average −0.030% · 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)+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)−0.102%−$10 · spread now −0.059%, 7d avg −0.030%
=Together, before fees−0.086%+ Points / potential airdropVariational Omni: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.029% cheaper against Kalshi than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.030%). 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 | 265.16 | 0 | get 0.0000% / 8h | 0m 17s | $1.0M | $10.3M | 2.7x |
| Short | Variational Omni BCH | 265.00 | −0.0073 | pay 0.0073% / 8h | 4h 00m | $81K | $197K | — |
Kalshi KXBCHPERP
Variational Omni BCHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$15.38
- Price spread: −0.059% → −0.030%
- −$2.85
- Slippage, 4 orders
- no order book: not counted
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$28.23
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kalshi: live order book, 4 min ago; Variational Omni: RFQ quote, 59 min ago. 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, 4 min ago | 6.40 bp | 11.4 bp −$11 | 19.3 bp −$193 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 59 min ago | 6.02 bp | doesn't fit | 21.2 bp −$212 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BCH-USDT | −0.0363% | 8h | 264.99 | −0.064% | $2K | $1.7M | 30x | as long as short |
| SoDEX BCH-USD | −0.0294% | 1h | 264.75 | −0.155% | $2K | $8K | 10x | as long as short |
| Phemex BCHUSDT | −0.0280% | 8h | 264.88 | −0.106% | $4.9M | $6.4M | 50x | as long as short |
| Nado BCH-PERP | −0.0258% | 1h | 264.80 | −0.136% | $430K | $343K | 10x | as long as short |
| HTX BCH-USDT | −0.0228% | 8h | 264.84 | −0.121% | $772K | $1.4M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0104% | 1h | 265.20 | +0.015% | $222K | $1.8M | 50x | as long as short |
| OKX BCH-USDT-SWAP | −0.0100% | 8h | 264.90 | −0.098% | $25.4M | $75.6M | 50x | as long as short |
| Binance BCHUSDT | −0.0089% | 8h | 264.99 | −0.064% | $72.0M | $214.9M | 75x | as long as short |
| MEXC BCH_USDT | −0.0089% | 8h | 265.35 | +0.072% | $70.4M | $7.9M | 200x | as long as short |
| Extended BCH-USD | −0.0088% | 1h | 264.73 | −0.161% | $112K | $958K | 25x | as long as short |
SunX BCH-USDT
SoDEX BCH-USD
Phemex BCHUSDT
Nado BCH-PERP
HTX BCH-USDT
Coinbase International BCH-PERP-INTX
OKX BCH-USDT-SWAP
Binance BCHUSDT
MEXC BCH_USDT
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BCHUSDTM | −0.0088% | 8h | 265.04 | −0.045% | $8.5M | $7.0M | 75x | as long as short |
| Bitget BCHUSDT | −0.0079% | 8h | 264.88 | −0.106% | $18.9M | $28.1M | 75x | as long as short |
| Variational Omni BCHshort | −0.0073% | 8h | 265.00 | −0.059% | $81K | $197K | — | |
| GRVT BCH_USDT_Perp | −0.0064% | 8h | 265.06 | −0.036% | $386K | $17K | 10x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0056% | 1h | 264.91 | −0.096% | $443K | $331K | 25x | as long as short |
| Gate BCH_USDT | −0.0050% | 8h | 265.02 | −0.053% | $8.3M | $13.7M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 265.04 | −0.047% | $15K | — | 150x | as long as short |
| Bybit BCHUSDT | −0.0001% | 8h | 265.00 | −0.060% | $39.1M | $31.1M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.15 | −0.004% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERPlong | 0.0000% | 8h | 265.16 | long leg | $1.0M | $10.3M | 2.7x | |
| BingX BCH-USDC | +0.0010% | 8h | 264.95 | −0.079% | — | $6.5M | — | as long as short |
| Kraken Futures PF_BCHUSD | +0.0011% | 1h | 265.09 | −0.027% | $853K | $3.0M | 50x | as long as short |
| BloFin BCH-USDT | +0.0031% | 8h | 264.76 | −0.151% | $3.9M | $4.3M | 50x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.901% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0041% | 8h | 264.92 | −0.091% | $2K | $176 | 10x | as long as short |
| Pacifica BCH | +0.0077% | 1h | 264.99 | −0.065% | $159K | $304K | 10x | as long as short |
| Aster BCHUSDT | +0.0095% | 8h | 264.93 | −0.086% | $152K | $540K | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 264.97 | −0.072% | $357K | $490K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.20 | +0.017% | $5.7M | $4.6M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 264.88 | −0.107% | $19K | $290K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 265.16 | 0.000% | $97K | $232K | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0350% / S −0.0506% | 1h | 265.10 | −0.024% | $24K | — | 100x | as long as short |
KuCoin BCHUSDTM
Bitget BCHUSDT
GRVT BCH_USDT_Perp
Deribit BCH_USDC-PERPETUAL
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
Bybit BCHUSDT
dYdX BCH-USD
BingX BCH-USDC
Kraken Futures PF_BCHUSD
BloFin BCH-USDT
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
Pacifica BCH
Aster BCHUSDT
Lighter BCH
Hyperliquid BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
GMX BCH/USD [WBTC.b-USDC]