BCH

Alert: funding

Alert: spread

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: Kalshi against SunX+0.247%7-day average +0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$114as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$940.937% of the position

Long on SunX Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.201%−$20 on $10k

Price spread, last 3 days (all we have)−0.222%−$22 · spread now +0.247%, 7d avg +0.020%

Together, before fees−0.424%−$42 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kalshi is 0.227% dearer against SunX than usual: you sell high and buy low (spread +0.247% now, against its 7-day average of +0.020%): +$23 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX BCH-USDT	271.21	0.0100	pay 0.0100% / 8h	1h 35m	$2K	$2.0M	30x
Short	Kalshi KXBCHPERP	271.88	0	get 0.0000% / 8h	5h 35m	$1.2M	$11.7M	2.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee KalshibpOrdersPrice spread, now +0.247%Rate

Funding earned: −$21
Price spread: +0.247% → +0.020%: $22.67
Slippage, 4 orders: −$75.73
Fee SunX: 4 bp × 2 orders: −$8
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$92.06
Costs to cover: 0.937%
Break-even: never at this rate

Slippage from SunX: live order book, 1 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 SunX live order book, 1 min ago	19.55 bp	40.4 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell Kalshi live order book, 4 min ago	5.33 bp	12.6 bp −$13	19.3 bp −$193	33.2 bp −$3,318	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	−0.0805%	1h	271.62	+0.152%	$460K	$265K	25x	as long as short
Phemex BCHUSDT	−0.0204%	8h	271.53	+0.118%	$5.0M	$6.3M	50x	as long as short
Injective BCH/USDC PERP	−0.0154%	1h	270.20	−0.372%	$721	$130K	12x	as long as short
SoDEX BCH-USD	−0.0100%	1h	271.29	+0.029%	$2K	$6K	10x	as long as short
Variational Omni BCH	−0.0082%	8h	271.12	−0.034%	$86K	$291K	—	as long as short
Extended BCH-USD	−0.0064%	1h	271.04	−0.063%	$117K	$653K	25x	as long as short
Binance BCHUSDT	−0.0061%	8h	271.23	+0.008%	$75.5M	$232.9M	75x	as long as short
MEXC BCH_USDT	−0.0060%	8h	271.93	+0.265%	$71.5M	$6.4M	200x	as long as short
Bybit BCHUSDT	−0.0018%	8h	271.05	−0.059%	$39.7M	$32.8M	75x	as long as short
Gate BCH_USDT	−0.0013%	8h	271.35	+0.052%	$8.4M	$14.7M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BCHUSDT	−0.0006%	8h	271.34	+0.048%	$20.1M	$29.1M	75x	as long as short
dYdX BCH-USD	0.0000%	1h	271.46	+0.094%	$5K	$248	10x	as long as short
Kalshi KXBCHPERPshort	0.0000%	8h	271.88	+0.247%	$1.2M	$11.7M	2.7x
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	271.66	+0.164%	$5K	—	150x	as long as short
GRVT BCH_USDT_Perp	+0.0014%	8h	271.46	+0.092%	$396K	$17K	10x	as long as short
Coinbase International BCH-PERP-INTX	+0.0016%	1h	271.59	+0.140%	$234K	$2.1M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0026%	8h	271.47	+0.096%	$2K	$176	10x	as long as short
BloFin BCH-USDT	+0.0059%	8h	271.39	+0.066%	$4.0M	$4.2M	50x	as long as short
BingX BCH-USDC	+0.0063%	8h	271.35	+0.052%	—	$6.5M	—	as long as short
OKX BCH-USDT-SWAP	+0.0068%	8h	271.10	−0.041%	$26.2M	$78.3M	50x	as long as short
Lighter BCH	+0.0096%	1h	271.44	+0.084%	$379K	$584K	10x	as long as short
Nado BCH-PERP	+0.0100%	1h	271.25	+0.017%	$446K	$427K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	271.58	+0.136%	$6.1M	$4.2M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	271.52	+0.116%	$221K	$700K	75x	as long as short
Pacifica BCH	+0.0100%	1h	271.28	+0.026%	$165K	$468K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	271.51	+0.111%	$9.2M	$8.0M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	271.59	+0.138%	$19K	$289K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	271.90	+0.254%	$74K	$214K	50x	as long as short
SunX BCH-USDTlong	+0.0100%	8h	271.21	long leg	$2K	$2.0M	30x
HTX BCH-USDT	+0.0100%	8h	271.34	+0.048%	$785K	$1.7M	75x	as long as short
Kraken Futures PF_BCHUSD	+0.0112%	1h	271.52	+0.116%	$810K	$3.2M	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0343% / S −0.0467%	1h	271.93	+0.264%	$26K	—	100x	as long as short