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: SunX against Kalshi−0.255%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$970.967% of the position
Funding, last 7 days+0.201%+$20 on $10k
+Price spread, last 3 days (all we have)+0.213%+$21 · spread now −0.255%, 7d avg −0.023%
=Funding pays, the price is against you. SunX is 0.232% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.255% now, against its 7-day average of −0.023%). If the spread goes back, that is −$23 on $10k: about 7.7 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXBCHPERP | 270.91 | 0 | get 0.0000% / 8h | 4h 38m | $1.3M | $11.8M | 2.7x |
| Short | SunX BCH-USDT | 270.22 | 0.0100 | get 0.0100% / 8h | 38m 44s | $2K | $2.0M | 30x |
Kalshi KXBCHPERP
SunX BCH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $21
- Price spread: −0.255% → −0.023%
- −$23.16
- Slippage, 4 orders
- −$78.68
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$98.85
- Costs to cover
- 0.967%
- Break-even
- 39.9 days
Slippage from Kalshi: live order book, 5 min ago; SunX: live order book, 7 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 | 7.01 bp | 12.0 bp −$12 | 18.8 bp −$188 | doesn't fit | doesn't fit |
| Sell SunX live order book, 7 min ago | 19.56 bp | 28.9 bp −$29 | doesn't fit | doesn't fit | 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 | −0.0360% | 1h | 270.50 | −0.152% | $457K | $266K | 25x | as long as short |
| Phemex BCHUSDT | −0.0179% | 8h | 270.44 | −0.173% | $4.9M | $6.5M | 50x | as long as short |
| Variational Omni BCH | −0.0139% | 8h | 270.42 | −0.182% | $83K | $294K | — | as long as short |
| Kraken Futures PF_BCHUSD | −0.0124% | 1h | 270.63 | −0.105% | $819K | $3.2M | 50x | as long as short |
| SoDEX BCH-USD | −0.0110% | 1h | 270.38 | −0.196% | $2K | $6K | 10x | as long as short |
| Bybit BCHUSDT | −0.0085% | 8h | 269.70 | −0.447% | $39.5M | $33.3M | 75x | as long as short |
| Injective BCH/USDC PERP | −0.0054% | 1h | 270.20 | −0.262% | $721 | $130K | 12x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0032% | 1h | 271.05 | +0.052% | $240K | $2.1M | 50x | as long as short |
| Extended BCH-USD | −0.0024% | 1h | 270.10 | −0.297% | $117K | $653K | 25x | as long as short |
| Binance BCHUSDT | −0.0021% | 8h | 269.79 | −0.413% | $75.2M | $235.9M | 75x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
Variational Omni BCH
Kraken Futures PF_BCHUSD
SoDEX BCH-USD
Bybit BCHUSDT
Injective BCH/USDC PERP
Coinbase International BCH-PERP-INTX
Extended BCH-USD
Binance BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0020% | 8h | 270.36 | −0.203% | $70.9M | $6.6M | 200x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 270.00 | −0.337% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERPlong | 0.0000% | 8h | 270.91 | long leg | $1.3M | $11.8M | 2.7x | |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 270.55 | −0.131% | $4K | — | 150x | as long as short |
| Gate BCH_USDT | +0.0007% | 8h | 269.88 | −0.380% | $8.4M | $14.4M | 75x | as long as short |
| Orderly PERP_BCH_USDC | +0.0025% | 8h | 270.39 | −0.192% | $2K | $176 | 10x | as long as short |
| GRVT BCH_USDT_Perp | +0.0031% | 8h | 270.56 | −0.128% | $394K | $17K | 10x | as long as short |
| Bitget BCHUSDT | +0.0036% | 8h | 269.67 | −0.458% | $19.6M | $29.7M | 75x | as long as short |
| OKX BCH-USDT-SWAP | +0.0043% | 8h | 269.70 | −0.447% | $26.5M | $79.2M | 50x | as long as short |
| BingX BCH-USDC | +0.0053% | 8h | 269.70 | −0.447% | — | $6.5M | — | as long as short |
| Lighter BCH | +0.0096% | 1h | 269.79 | −0.415% | $373K | $554K | 10x | as long as short |
| BloFin BCH-USDT | +0.0099% | 8h | 270.29 | −0.229% | $4.0M | $4.2M | 50x | as long as short |
| Nado BCH-PERP | +0.0100% | 1h | 270.36 | −0.205% | $440K | $431K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 270.13 | −0.289% | $6.1M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 269.78 | −0.417% | $216K | $707K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 269.92 | −0.366% | $164K | $467K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 269.90 | −0.373% | $9.3M | $7.9M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 270.46 | −0.167% | $19K | $290K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 270.64 | −0.100% | $73K | $213K | 50x | as long as short |
| SunX BCH-USDTshort | +0.0100% | 8h | 270.22 | −0.255% | $2K | $2.0M | 30x | |
| HTX BCH-USDT | +0.0100% | 8h | 270.39 | −0.192% | $777K | $1.7M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0335% / S −0.0340% | 1h | 270.54 | −0.138% | $27K | — | 100x | as long as short |
MEXC BCH_USDT
dYdX BCH-USD
gTrade (Gains Network) BCH/USD
Gate BCH_USDT
Orderly PERP_BCH_USDC
GRVT BCH_USDT_Perp
Bitget BCHUSDT
OKX BCH-USDT-SWAP
BingX BCH-USDC
Lighter BCH
BloFin BCH-USDT
Nado BCH-PERP
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]