Funding you earn now, next payment 08:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.49 per $10,000 · paid last 24h +0.015%
Price spread now: MEXC against Kalshi+0.102%7-day average +0.175% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$380.375% of the position
Funding, last 7 days+0.045%+$5 on $10k
+Price spread, last 7 days−0.054%−$5 · spread now +0.102%, 7d avg +0.175%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.073% cheaper against Kalshi than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.175%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXBCHPERP | 265.15 | 0 | get 0.0000% / 8h | 5h 41m | $985K | $10.5M | 2.7x |
| Short | MEXC BCH_USDT | 265.42 | −0.0049 | pay 0.0049% / 8h | 1h 41m | $70.8M | $8.6M | 200x |
Kalshi KXBCHPERP
MEXC BCH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Kalshi. 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
- −$10.29
- Price spread: +0.102% → +0.175%
- −$7.34
- Slippage, 4 orders
- −$23.51
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$55.14
- Costs to cover
- 0.375%
- Break-even
- never at this rate
Slippage from Kalshi: live order book, 2 min ago; MEXC: 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 Kalshi live order book, 2 min ago | 2.83 bp | 16.1 bp −$16 | 22.8 bp −$228 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 2.83 bp | 6.2 bp −$6 | 15.3 bp −$153 | 44.8 bp −$4,479 | 102.1 bp −$51.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX BCH-USD | −0.0436% | 1h | 264.85 | −0.113% | $2K | $8K | 10x | as long as short |
| HTX BCH-USDT | −0.0195% | 8h | 265.04 | −0.041% | $775K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0167% | 8h | 265.04 | −0.041% | $5.0M | $6.6M | 50x | as long as short |
| KuCoin BCHUSDTM | −0.0109% | 8h | 265.06 | −0.034% | $8.5M | $6.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0103% | 1h | 265.09 | −0.022% | $862K | $3.0M | 50x | as long as short |
| Bitget BCHUSDT | −0.0090% | 8h | 265.03 | −0.045% | $19.0M | $28.4M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0081% | 8h | 264.80 | −0.132% | $25.3M | $78.2M | 50x | as long as short |
| Variational Omni BCH | −0.0076% | 8h | 264.10 | −0.395% | $81K | $196K | — | as long as short |
| Binance BCHUSDT | −0.0049% | 8h | 265.07 | −0.029% | $73.0M | $221.1M | 75x | as long as short |
| MEXC BCH_USDTshort | −0.0049% | 8h | 265.42 | +0.102% | $70.8M | $8.6M | 200x |
SoDEX BCH-USD
HTX BCH-USDT
Phemex BCHUSDT
KuCoin BCHUSDTM
Kraken Futures PF_BCHUSD
Bitget BCHUSDT
OKX BCH-USDT-SWAP
Variational Omni BCH
Binance BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BCHUSDT | −0.0049% | 8h | 264.80 | −0.132% | $38.9M | $31.9M | 75x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 264.74 | −0.155% | $112K | $1.1M | 25x | as long as short |
| BingX BCH-USDC | −0.0031% | 8h | 264.94 | −0.079% | — | $6.5M | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0024% | 8h | 264.80 | −0.132% | $386K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0007% | 8h | 265.13 | −0.008% | $8.4M | $13.8M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 265.15 | −0.001% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 264.89 | −0.096% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERPlong | 0.0000% | 8h | 265.15 | long leg | $985K | $10.5M | 2.7x | |
| Coinbase International BCH-PERP-INTX | +0.0008% | 1h | 265.10 | −0.019% | $224K | $1.9M | 50x | as long as short |
| Nado BCH-PERP | +0.0013% | 1h | 264.64 | −0.193% | $435K | $356K | 10x | as long as short |
| SunX BCH-USDT | +0.0027% | 8h | 264.91 | −0.091% | $2K | $1.7M | 30x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.905% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0046% | 8h | 264.82 | −0.124% | $2K | $176 | 10x | as long as short |
| Aster BCHUSDT | +0.0051% | 8h | 264.97 | −0.067% | $150K | $590K | 75x | as long as short |
| ApeX Omni BCHUSDT | +0.0070% | 1h | 264.94 | −0.079% | $95K | $237K | 50x | as long as short |
| BloFin BCH-USDT | +0.0071% | 8h | 264.90 | −0.094% | $4.0M | $4.5M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 264.93 | −0.084% | $353K | $495K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.30 | +0.057% | $5.7M | $4.7M | 10x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 264.97 | −0.069% | $159K | $312K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 264.46 | −0.261% | $18K | $345K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0202% / S −0.0147% | 1h | 265.17 | +0.006% | $12K | — | 100x | as long as short |
| Deribit BCH_USDC-PERPETUAL | +2.4749% | 1h | 271.68 | +2.463% | $452K | $334K | 25x | as long as short |
Bybit BCHUSDT
Extended BCH-USD
BingX BCH-USDC
GRVT BCH_USDT_Perp
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Coinbase International BCH-PERP-INTX
Nado BCH-PERP
SunX BCH-USDT
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
Aster BCHUSDT
ApeX Omni BCHUSDT
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Pacifica BCH
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]
Deribit BCH_USDC-PERPETUAL