BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0075%/8h= −8.2% APRnext payment −$0.75 per $10,000 · paid last 24h +0.024%

Price spread now: Binance against Kalshi−0.104%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$420.420% of the position

Long on Kalshi Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.044%+$4 on $10k

Price spread, last 7 days+0.017%+$2 · spread now −0.104%, 7d avg −0.015%

Together, before fees+0.060%+$6 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 Binance is 0.089% cheaper against Kalshi than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.015%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXBCHPERP	270.37	0	get 0.0000% / 8h	5h 48m	$1.1M	$11.5M	2.7x
Short	Binance BCHUSDT	270.09	−0.0075	pay 0.0075% / 8h	1h 48m	$75.2M	$232.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Kalshi. 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 KalshibpFee BinancebpOrdersPrice spread, now −0.104%Rate

Funding earned: −$15.69
Price spread: −0.104% → −0.015%: −$8.9
Slippage, 4 orders: −$22.05
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$66.64
Costs to cover: 0.420%
Break-even: never at this rate

Slippage from Kalshi: live order book, 5 min ago; Binance: live order book, 10 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	7.76 bp	12.8 bp −$13	19.8 bp −$198	34.3 bp −$3,432	doesn't fit
Sell Binance live order book, 10 min ago	0.19 bp	8.8 bp −$9	16.1 bp −$161	43.7 bp −$4,366	132.4 bp −$66.2K

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	−0.0512%	1h	270.13	−0.090%	$458K	$263K	25x	as long as short
Phemex BCHUSDT	−0.0205%	8h	270.15	−0.081%	$4.9M	$6.3M	50x	as long as short
Injective BCH/USDC PERP	−0.0154%	1h	270.20	−0.063%	$721	$130K	12x	as long as short
Extended BCH-USD	−0.0080%	1h	269.99	−0.140%	$116K	$653K	25x	as long as short
MEXC BCH_USDT	−0.0076%	8h	270.68	+0.115%	$71.6M	$6.3M	200x	as long as short
Binance BCHUSDTshort	−0.0075%	8h	270.09	−0.104%	$75.2M	$232.0M	75x
Variational Omni BCH	−0.0071%	8h	269.63	−0.275%	$86K	$291K	—	as long as short
SoDEX BCH-USD	−0.0046%	1h	270.05	−0.118%	$2K	$6K	10x	as long as short
Bitget BCHUSDT	−0.0021%	8h	270.01	−0.133%	$20.0M	$29.0M	75x	as long as short
Gate BCH_USDT	−0.0016%	8h	270.07	−0.111%	$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
GRVT BCH_USDT_Perp	−0.0001%	8h	269.74	−0.233%	$393K	$17K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	270.18	−0.071%	$5K	$248	10x	as long as short
Bybit BCHUSDT	0.0000%	8h	270.00	−0.137%	$39.7M	$32.6M	75x	as long as short
Kalshi KXBCHPERPlong	0.0000%	8h	270.37	long leg	$1.1M	$11.5M	2.7x
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	270.14	−0.085%	$4K	—	150x	as long as short
Coinbase International BCH-PERP-INTX	+0.0016%	1h	269.84	−0.196%	$232K	$2.1M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0026%	8h	269.98	−0.144%	$2K	$176	10x	as long as short
Nado BCH-PERP	+0.0037%	1h	269.85	−0.193%	$443K	$427K	10x	as long as short
BloFin BCH-USDT	+0.0043%	8h	270.03	−0.126%	$4.0M	$4.1M	50x	as long as short
BingX BCH-USDT	+0.0044%	8h	270.09	−0.104%	—	$32.0M	—	as long as short
OKX BCH-USDT-SWAP	+0.0049%	8h	270.10	−0.100%	$26.1M	$77.3M	50x	as long as short
Lighter BCH	+0.0096%	1h	270.17	−0.074%	$379K	$583K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	270.38	+0.004%	$6.1M	$4.2M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	270.06	−0.115%	$220K	$700K	75x	as long as short
Pacifica BCH	+0.0100%	1h	270.20	−0.065%	$164K	$468K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	270.16	−0.078%	$8.9M	$8.0M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	269.81	−0.207%	$19K	$289K	20x	as long as short
SunX BCH-USDT	+0.0100%	8h	269.84	−0.196%	$2K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	270.07	−0.111%	$786K	$1.7M	75x	as long as short
Kraken Futures PF_BCHUSD	+0.0113%	1h	270.33	−0.016%	$808K	$3.2M	50x	as long as short
ApeX Omni BCHUSDT	+0.0341%	1h	270.36	−0.004%	$73K	$214K	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0341% / S −0.0467%	1h	270.24	−0.048%	$26K	—	100x	as long as short