Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Kalshi against Aster+0.143%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$480.477% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)−0.400%−$40 · spread now +0.143%, 7d avg −0.040%
=Together, before fees−0.610%+ Points / potential airdropAster: Stage 5 · farm board−$61 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kalshi is 0.183% dearer against Aster than usual: you sell high and buy low (spread +0.143% now, against its 7-day average of −0.040%): +$18 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BCHUSDT | 269.13 | 0.0100 | pay 0.0100% / 8h | 7h 33m | $178K | $666K | 75x |
| Short | Kalshi KXBCHPERP | 269.52 | 0 | get 0.0000% / 8h | 3h 33m | $1.1M | $10.9M | 2.7x |
Aster BCHUSDT
Kalshi KXBCHPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Aster. 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: +0.143% → −0.040%
- $18.32
- Slippage, 4 orders
- −$29.71
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$50.4
- Costs to cover
- 0.477%
- Break-even
- never at this rate
Slippage from Aster: live order book, 40 min ago; Kalshi: live order book, 1 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 Aster live order book, 40 min ago | 4.51 bp | 9.4 bp −$9 | 29.2 bp −$292 | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 1 min ago | 6.86 bp | 11.9 bp −$12 | 18.1 bp −$181 | 47.5 bp −$4,753 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex BCHUSDT | −0.0785% | 8h | 268.90 | −0.087% | $4.9M | $6.5M | 50x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0545% | 1h | 269.06 | −0.027% | $455K | $266K | 25x | as long as short |
| SoDEX BCH-USD | −0.0516% | 1h | 268.88 | −0.095% | $2K | $6K | 10x | as long as short |
| GRVT BCH_USDT_Perp | −0.0180% | 8h | 268.67 | −0.174% | $391K | $17K | 10x | as long as short |
| HTX BCH-USDT | −0.0174% | 8h | 269.15 | +0.006% | $782K | $1.6M | 75x | as long as short |
| ApeX Omni BCHUSDT | −0.0171% | 1h | 268.26 | −0.325% | $73K | $214K | 50x | as long as short |
| Variational Omni BCH | −0.0127% | 8h | 268.51 | −0.233% | $82K | $285K | — | as long as short |
| Gate BCH_USDT | −0.0058% | 8h | 269.20 | +0.024% | $8.5M | $14.2M | 75x | as long as short |
| Extended BCH-USD | −0.0056% | 1h | 268.79 | −0.126% | $117K | $1.0M | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 268.58 | −0.206% | $227K | $2.1M | 50x | as long as short |
Phemex BCHUSDT
Deribit BCH_USDC-PERPETUAL
SoDEX BCH-USD
GRVT BCH_USDT_Perp
HTX BCH-USDT
ApeX Omni BCHUSDT
Variational Omni BCH
Gate BCH_USDT
Extended BCH-USD
Coinbase International BCH-PERP-INTXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0055% | 8h | 269.11 | −0.009% | $72.9M | $230.2M | 75x | as long as short |
| MEXC BCH_USDT | −0.0054% | 8h | 269.52 | +0.143% | $70.6M | $6.6M | 200x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 269.07 | −0.023% | $858K | $3.1M | 50x | as long as short |
| Bybit BCHUSDT | −0.0015% | 8h | 269.10 | −0.013% | $39.8M | $32.7M | 75x | as long as short |
| Bitget BCHUSDT | −0.0009% | 8h | 269.03 | −0.039% | $19.3M | $29.4M | 75x | as long as short |
| Nado BCH-PERP | 0.0000% | 1h | 269.24 | +0.040% | $442K | $420K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 269.39 | +0.094% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERPshort | 0.0000% | 8h | 269.52 | +0.143% | $1.1M | $10.9M | 2.7x | |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 269.15 | +0.005% | $4K | — | 150x | as long as short |
| BingX BCH-USDC | +0.0020% | 8h | 269.03 | −0.039% | — | $6.5M | — | as long as short |
| OKX BCH-USDT-SWAP | +0.0023% | 8h | 268.90 | −0.087% | $26.1M | $77.0M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0031% | 8h | 268.99 | −0.054% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.396% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0065% | 8h | 268.84 | −0.110% | $3.9M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 268.99 | −0.054% | $370K | $529K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.43 | +0.110% | $6.0M | $4.4M | 10x | as long as short |
| Aster BCHUSDTlong | +0.0100% | 8h | 269.13 | long leg | $178K | $666K | 75x | |
| Pacifica BCH | +0.0100% | 1h | 269.30 | +0.061% | $164K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 269.06 | −0.028% | $9.0M | $7.6M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 268.60 | −0.198% | $19K | $291K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 269.01 | −0.046% | $2K | $1.9M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0334% / S −0.0451% | 1h | 269.11 | −0.010% | $25K | — | 100x | as long as short |
Binance BCHUSDT
MEXC BCH_USDT
Kraken Futures PF_BCHUSD
Bybit BCHUSDT
Bitget BCHUSDT
Nado BCH-PERP
dYdX BCH-USD
gTrade (Gains Network) BCH/USD
BingX BCH-USDC
OKX BCH-USDT-SWAP
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]