BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0084%/8h= −9.2% APRnext payment −$0.84 per $10,000 · paid last 24h +0.024%

Price spread now: Bybit against Kalshi−0.045%51s7-day average −0.046% · 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—prices read too far apart to compare

costs, in and out, $10k−$470.472% of the position

Long on Kalshi Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.089%+$9 on $10k

Price spread, last 7 days−0.105%−$11 · spread now −0.045%, 7d avg −0.046%

Together, before fees−0.017%−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.089%, so the current rate has only just turned against you. The two prices were read 51 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	266.52	0	get 0.0000% / 8h	4h 19m	$1.2M	$11.7M	2.7x
Short	Bybit BCHUSDT	266.40	−0.0084	pay 0.0084% / 8h	19m 16s	$39.3M	$32.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.045%Rate

Funding earned: −$17.67
Price spread: −0.045% → −0.046%: $0.1
Slippage, 4 orders: −$26.19
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$64.76
Costs to cover: 0.472%
Break-even: never at this rate

Slippage from Kalshi: live order book, 5 min ago; Bybit: live order book, 5 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	6.97 bp	12.0 bp −$12	19.8 bp −$198	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	1.89 bp	10.7 bp −$11	21.6 bp −$216	70.4 bp −$7,041	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	−0.0403%	1h	266.48	−0.016%	$450K	$266K	25x	as long as short
SoDEX BCH-USD	−0.0255%	1h	266.37	−0.056%	$2K	$6K	10x	as long as short
ApeX Omni BCHUSDT	−0.0207%	1h	265.34	−0.443%	$72K	$213K	50x	as long as short
Variational Omni BCH	−0.0142%	8h	265.71	−0.302%	$81K	$292K	—	as long as short
Kraken Futures PF_BCHUSD	−0.0126%	1h	266.67	+0.058%	$851K	$3.1M	50x	as long as short
Phemex BCHUSDT	−0.0104%	8h	266.52	0.000%	$4.9M	$6.4M	50x	as long as short
Bybit BCHUSDTshort	−0.0084%	8h	266.40	−0.045%	$39.3M	$32.9M	75x
Injective BCH/USDC PERP	−0.0054%	1h	270.20	+1.381%	$721	$130K	12x	as long as short
Coinbase International BCH-PERP-INTX	−0.0032%	1h	266.18	−0.128%	$224K	$2.1M	50x	as long as short
Extended BCH-USD	−0.0024%	1h	266.30	−0.082%	$115K	$652K	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BCHUSDT	−0.0020%	8h	266.41	−0.039%	$72.9M	$232.9M	75x	as long as short
MEXC BCH_USDT	−0.0019%	8h	266.88	+0.135%	$69.9M	$6.9M	200x	as long as short
Gate BCH_USDT	−0.0006%	8h	266.47	−0.019%	$8.3M	$14.8M	75x	as long as short
dYdX BCH-USD	0.0000%	1h	266.24	−0.106%	$5K	$248	10x	as long as short
Kalshi KXBCHPERPlong	0.0000%	8h	266.52	long leg	$1.2M	$11.7M	2.7x
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	266.55	+0.012%	$4K	—	150x	as long as short
GRVT BCH_USDT_Perp	+0.0023%	8h	265.24	−0.482%	$387K	$17K	10x	as long as short
Bitget BCHUSDT	+0.0024%	8h	266.39	−0.049%	$19.1M	$30.0M	75x	as long as short
Orderly PERP_BCH_USDC	+0.0027%	8h	266.34	−0.068%	$2K	$176	10x	as long as short
BingX BCH-USDT	+0.0036%	8h	266.36	−0.060%	—	$31.2M	—	as long as short
OKX BCH-USDT-SWAP	+0.0038%	8h	266.40	−0.045%	$25.9M	$78.2M	50x	as long as short
Nado BCH-PERP	+0.0061%	1h	266.17	−0.132%	$444K	$435K	10x	as long as short
Lighter BCH	+0.0096%	1h	266.23	−0.108%	$367K	$557K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	266.66	+0.053%	$6.0M	$4.4M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	266.26	−0.097%	$211K	$673K	75x	as long as short
Pacifica BCH	+0.0100%	1h	266.31	−0.079%	$162K	$431K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	266.32	−0.075%	$9.0M	$7.8M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	265.24	−0.478%	$19K	$290K	20x	as long as short
SunX BCH-USDT	+0.0100%	8h	266.27	−0.094%	$2K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	266.20	−0.120%	$773K	$1.6M	75x	as long as short
BloFin BCH-USDT	+0.0101%	8h	266.08	−0.165%	$3.9M	$4.2M	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0332% / S −0.0451%	1h	266.57	+0.017%	$25K	—	100x	as long as short