Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Kalshi against Pacifica+0.131%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$440.438% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)−0.540%−$54 · spread now +0.131%, 7d avg −0.028%
=Together, before fees−0.598%+ Points / potential airdropPacifica: Active · farm board−$60 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kalshi is 0.159% dearer against Pacifica than usual: you sell high and buy low (spread +0.131% now, against its 7-day average of −0.028%): +$16 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.3 days. At the pace of the last 7 days (−0.058% in total) that is about 19 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica BCH | 266.78 | 0.0100 | pay 0.0013% / 1h | 5m 00s | $162K | $429K | 10x |
| Short | Kalshi KXBCHPERP | 267.13 | 0 | get 0.0000% / 8h | 4h 05m | $1.2M | $11.7M | 2.7x |
Pacifica BCH
Kalshi KXBCHPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Pacifica. 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: +0.131% → −0.028%
- $15.9
- Slippage, 4 orders
- −$25.76
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$48.85
- Costs to cover
- 0.438%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 9 min ago; Kalshi: live order book, 4 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 Pacifica live order book, 9 min ago | 2.63 bp | 10.9 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 4 min ago | 2.81 bp | 7.8 bp −$8 | 18.2 bp −$182 | 431.7 bp −$43.2K | 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 | −0.0555% | 1h | 266.85 | +0.027% | $451K | $266K | 25x | as long as short |
| SoDEX BCH-USD | −0.0340% | 1h | 266.75 | −0.011% | $2K | $6K | 10x | as long as short |
| Variational Omni BCH | −0.0134% | 8h | 266.51 | −0.100% | $82K | $292K | — | as long as short |
| Kraken Futures PF_BCHUSD | −0.0126% | 1h | 267.01 | +0.084% | $840K | $3.1M | 50x | as long as short |
| Phemex BCHUSDT | −0.0121% | 8h | 266.76 | −0.007% | $4.9M | $6.5M | 50x | as long as short |
| Bybit BCHUSDT | −0.0077% | 8h | 266.93 | +0.056% | $39.3M | $33.0M | 75x | as long as short |
| ApeX Omni BCHUSDT | −0.0063% | 1h | 266.39 | −0.146% | $72K | $214K | 50x | as long as short |
| Injective BCH/USDC PERP | −0.0054% | 1h | 270.20 | +1.282% | $721 | $130K | 12x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0032% | 1h | 266.58 | −0.075% | $224K | $2.1M | 50x | as long as short |
| Binance BCHUSDT | −0.0026% | 8h | 266.93 | +0.057% | $73.1M | $233.0M | 75x | as long as short |
Deribit BCH_USDC-PERPETUAL
SoDEX BCH-USD
Variational Omni BCH
Kraken Futures PF_BCHUSD
Phemex BCHUSDT
Bybit BCHUSDT
ApeX Omni BCHUSDT
Injective BCH/USDC PERP
Coinbase International BCH-PERP-INTX
Binance BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0025% | 8h | 267.45 | +0.251% | $70.1M | $6.9M | 200x | as long as short |
| Extended BCH-USD | −0.0024% | 1h | 266.79 | +0.004% | $115K | $652K | 25x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 266.87 | +0.036% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERPshort | 0.0000% | 8h | 267.13 | +0.131% | $1.2M | $11.7M | 2.7x | |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 266.85 | +0.028% | $4K | — | 150x | as long as short |
| Gate BCH_USDT | +0.0001% | 8h | 267.00 | +0.082% | $8.3M | $14.9M | 75x | as long as short |
| Nado BCH-PERP | +0.0012% | 1h | 266.65 | −0.049% | $441K | $434K | 10x | as long as short |
| GRVT BCH_USDT_Perp | +0.0020% | 8h | 266.55 | −0.085% | $388K | $17K | 10x | as long as short |
| Bitget BCHUSDT | +0.0021% | 8h | 266.92 | +0.052% | $19.1M | $30.1M | 75x | as long as short |
| OKX BCH-USDT-SWAP | +0.0027% | 8h | 266.90 | +0.045% | $26.0M | $78.6M | 50x | as long as short |
| BingX BCH-USDC | +0.0028% | 8h | 266.92 | +0.052% | — | $6.5M | — | as long as short |
| Orderly PERP_BCH_USDC | +0.0029% | 8h | 266.69 | −0.034% | $2K | $176 | 10x | as long as short |
| BloFin BCH-USDT | +0.0094% | 8h | 266.72 | −0.022% | $3.9M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 266.81 | +0.012% | $368K | $559K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 267.08 | +0.112% | $6.0M | $4.5M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 267.04 | +0.099% | $211K | $673K | 75x | as long as short |
| Pacifica BCHlong | +0.0100% | 1h | 266.78 | long leg | $162K | $429K | 10x | |
| KuCoin BCHUSDTM | +0.0100% | 8h | 267.06 | +0.105% | $9.0M | $7.8M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 266.46 | −0.122% | $19K | $291K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 266.62 | −0.060% | $1K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 266.63 | −0.056% | $774K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0332% / S −0.0451% | 1h | 266.94 | +0.061% | $25K | — | 100x | as long as short |
MEXC BCH_USDT
Extended BCH-USD
dYdX BCH-USD
gTrade (Gains Network) BCH/USD
Gate BCH_USDT
Nado BCH-PERP
GRVT BCH_USDT_Perp
Bitget BCHUSDT
OKX BCH-USDT-SWAP
BingX BCH-USDC
Orderly PERP_BCH_USDC
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]