Funding you earn now, next payment 12:00 UTC+0.0087%/8h= +9.6% APRnext payment +$0.87 per $10,000 · paid last 24h 0.000%
Price spread now: Kalshi against Binance+0.041%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$420.418% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 7 days+0.027%+$3 · spread now +0.041%, 7d avg +0.013%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Kalshi is 0.027% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.013%. Mind the row above: over the last 7 days funding on this pair cost −0.052%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BCHUSDT | 270.09 | −0.0087 | get 0.0087% / 8h | 5h 07m | $75.8M | $200.5M | 75x |
| Short | Kalshi KXBCHPERP | 270.20 | 0 | get 0.0000% / 8h | 1h 07m | $1.0M | $8.7M | 2.7x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Binance. 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
- $18.32
- Price spread: +0.041% → +0.013%
- $2.73
- Slippage, 4 orders
- −$21.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$20.75
- Costs to cover
- 0.418%
- Break-even
- 14.9 days
Slippage from Binance: live order book, 14 min ago; Kalshi: live order book, 4 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 Binance live order book, 14 min ago | 0.18 bp | 5.2 bp −$5 | 21.2 bp −$212 | 65.8 bp −$6,576 | doesn't fit |
| Sell Kalshi live order book, 4 min ago | 4.26 bp | 19.0 bp −$19 | 23.5 bp −$235 | 36.9 bp −$3,693 | doesn't fit |
BCH on 32 exchanges
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 | −0.0377% | 1h | 269.97 | −0.044% | $2K | $8K | 10x | as long as short |
| Phemex BCHUSDT | −0.0238% | 8h | 270.11 | +0.007% | $5.0M | $6.3M | 50x | as long as short |
| OKX BCH-USDT-SWAP | −0.0131% | 8h | 270.00 | −0.033% | $26.1M | $74.7M | 50x | as long as short |
| Variational Omni BCH | −0.0110% | 8h | 269.68 | −0.150% | $163K | $241K | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0091% | 8h | 269.94 | −0.054% | $394K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0090% | 8h | 270.07 | −0.007% | $8.1M | $13.3M | 75x | as long as short |
| Extended BCH-USD | −0.0088% | 1h | 269.86 | −0.085% | $121K | $924K | 25x | as long as short |
| Binance BCHUSDTlong | −0.0087% | 8h | 270.09 | long leg | $75.8M | $200.5M | 75x | |
| MEXC BCH_USDT | −0.0086% | 8h | 270.64 | +0.204% | $74.0M | $10.1M | 200x | as long as short |
| ApeX Omni BCHUSDT | −0.0015% | 1h | 269.97 | −0.044% | $49K | $274K | 50x | as long as short |
Show all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BCHUSDT | −0.0012% | 8h | 270.19 | +0.037% | $19.3M | $26.0M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0003% / S +0.0007% | 1h | 270.12 | +0.010% | $18K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 270.12 | +0.013% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERPshort | 0.0000% | 8h | 270.20 | +0.041% | $1.0M | $8.7M | 2.7x | |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 270.12 | +0.011% | $437K | $369K | 25x | as long as short |
| BingX BCH-USDC | +0.0002% | 8h | 270.01 | −0.030% | — | $6.5M | — | as long as short |
| KuCoin BCHUSDTM | +0.0004% | 8h | 269.97 | −0.044% | $8.8M | $5.5M | 75x | as long as short |
| Bybit BCHUSDT | +0.0007% | 8h | 270.00 | −0.033% | $40.6M | $31.5M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0024% | 1h | 270.19 | +0.036% | $904K | $2.4M | 50x | as long as short |
| Aster BCHUSDT | +0.0032% | 8h | 270.06 | −0.011% | $152K | $511K | 75x | as long as short |
| Pacifica BCH | +0.0033% | 1h | 270.06 | −0.012% | $152K | $274K | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.041% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0035% | 8h | 269.46 | −0.233% | $3.7M | $5.6M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0041% | 8h | 269.94 | −0.056% | $2K | $540 | 10x | as long as short |
| Nado BCH-PERP | +0.0074% | 1h | 269.93 | −0.058% | $454K | $384K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 270.11 | +0.007% | $396K | $451K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 270.46 | +0.137% | $9.2M | $6.7M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 269.74 | −0.129% | $19K | $345K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 269.83 | −0.096% | $1K | $1.3M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 269.96 | −0.048% | $793K | $1.2M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0200% | 1h | 270.53 | +0.163% | $364K | $2.3M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0246% / S −0.0244% | 1h | 269.92 | −0.062% | $17K | — | 100x | as long as short |
Binance BCHUSDT
Kalshi KXBCHPERP
SoDEX BCH-USD
Phemex BCHUSDT
OKX BCH-USDT-SWAP
Variational Omni BCH
GRVT BCH_USDT_Perp
Gate BCH_USDT
Extended BCH-USD
MEXC BCH_USDT
ApeX Omni BCHUSDT
Bitget BCHUSDT
gTrade (Gains Network) BCH/USD
Deribit BCH_USDC-PERPETUAL
BingX BCH-USDC
KuCoin BCHUSDTM
Bybit BCHUSDT
Kraken Futures PF_BCHUSD
Aster BCHUSDT
Pacifica BCH
Injective BCH/USDC PERP
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
edgeX BCHUSDC
SunX BCH-USDT
HTX BCH-USDT
Coinbase International BCH-PERP-INTX
GMX BCH/USD [WBTC.b-USDC]