Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h −0.017%

Price spread now: Kalshi against ApeX Omni+0.148%78s7-day average −0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$440.439% of the position

Long on ApeX Omni Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.183%−$18 on $10k

Price spread, last 4 days (all we have)−0.146%−$15 · spread now +0.148%, 7d avg −0.042%

Together, before fees−0.328%−$33 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Kalshi is 0.191% dearer against ApeX Omni than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.042%. The two prices were read 78 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	ApeX Omni BCHUSDT	269.66	−0.0008	get 0.0001% / 1h	3m 47s	$49K	$273K	50x
Short	Kalshi KXBCHPERP	270.06	0	get 0.0000% / 8h	1h 03m	$1.0M	$8.8M	2.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against ApeX Omni. 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 ApeX OmnibpFee KalshibpOrdersPrice spread, now +0.148%Rate

Funding earned: $1.68
Price spread: +0.148% → −0.042%: $19.08
Slippage, 4 orders: −$23.86
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$23.1
Costs to cover: 0.439%
Break-even: 103.2 days

Slippage from ApeX Omni: live order book, 41 min ago; Kalshi: live order book, 3 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 ApeX Omni live order book, 41 min ago	4.45 bp	12.0 bp −$12	102.7 bp −$1,027	doesn't fit	doesn't fit
Sell Kalshi live order book, 3 min ago	2.96 bp	8.0 bp −$8	18.9 bp −$189	33.8 bp −$3,384	doesn't fit

BCH on 32 exchanges

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
SoDEX BCH-USD	−0.0377%	1h	269.70	+0.015%	$2K	$8K	10x	as long as short
Phemex BCHUSDT	−0.0239%	8h	269.79	+0.048%	$4.9M	$6.3M	50x	as long as short
OKX BCH-USDT-SWAP	−0.0131%	8h	269.60	−0.022%	$26.1M	$74.5M	50x	as long as short
Variational Omni BCH	−0.0105%	8h	269.68	+0.007%	$163K	$241K	—	as long as short
GRVT BCH_USDT_Perp	−0.0092%	8h	269.59	−0.027%	$393K	$17K	10x	as long as short
Binance BCHUSDT	−0.0088%	8h	269.75	+0.033%	$75.8M	$200.4M	75x	as long as short
Extended BCH-USD	−0.0088%	1h	269.57	−0.034%	$121K	$924K	25x	as long as short
MEXC BCH_USDT	−0.0088%	8h	270.41	+0.278%	$74.2M	$10.2M	200x	as long as short
Gate BCH_USDT	−0.0087%	8h	269.75	+0.033%	$8.1M	$13.3M	75x	as long as short
Bitget BCHUSDT	−0.0012%	8h	269.71	+0.019%	$19.3M	$26.0M	75x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni BCHUSDTlong	−0.0008%	1h	269.66	long leg	$49K	$273K	50x
gTrade (Gains Network) BCH/USD	L −0.0003% / S +0.0007%	1h	269.81	+0.057%	$18K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	269.84	+0.068%	$5K	$240	10x	as long as short
Kalshi KXBCHPERPshort	0.0000%	8h	270.06	+0.148%	$1.0M	$8.8M	2.7x
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	269.75	+0.032%	$436K	$369K	25x	as long as short
KuCoin BCHUSDTM	+0.0004%	8h	269.70	+0.015%	$8.8M	$5.5M	75x	as long as short
BingX BCH-USDC	+0.0004%	8h	269.69	+0.011%	—	$6.5M	—	as long as short
Bybit BCHUSDT	+0.0006%	8h	269.64	−0.007%	$40.5M	$31.5M	75x	as long as short
Kraken Futures PF_BCHUSD	+0.0024%	1h	269.91	+0.091%	$904K	$2.4M	50x	as long as short
BloFin BCH-USDT	+0.0033%	8h	269.58	−0.030%	$3.7M	$5.6M	50x	as long as short
Pacifica BCH	+0.0033%	1h	269.89	+0.086%	$152K	$274K	10x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+0.200%	$721	$130K	12x	as long as short
Aster BCHUSDT	+0.0036%	8h	269.88	+0.082%	$152K	$515K	75x	as long as short
Orderly PERP_BCH_USDC	+0.0041%	8h	269.55	−0.041%	$2K	$540	10x	as long as short
Nado BCH-PERP	+0.0070%	1h	269.77	+0.042%	$456K	$385K	10x	as long as short
Lighter BCH	+0.0096%	1h	269.85	+0.069%	$396K	$451K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	270.06	+0.148%	$9.2M	$6.7M	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	269.86	+0.076%	$19K	$346K	20x	as long as short
SunX BCH-USDT	+0.0100%	8h	269.53	−0.048%	$2K	$1.3M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	269.72	+0.022%	$792K	$1.2M	75x	as long as short
Coinbase International BCH-PERP-INTX	+0.0200%	1h	270.29	+0.234%	$362K	$2.3M	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0246% / S −0.0244%	1h	269.97	+0.116%	$17K	—	100x	as long as short