Funding you earn now, next payment 00:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.06 per $10,000 · paid last 24h −0.022%
Price spread now: Kalshi against Gate+0.237%48s7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as 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−$530.533% of the position
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 7 days−0.165%−$17 · spread now +0.237%, 7d avg +0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Kalshi is 0.228% dearer against Gate than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of +0.009%. The two prices were read 48 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 | Gate BCH_USDT | 269.89 | 0.0006 | pay 0.0006% / 8h | 1h 13m | $8.4M | $14.9M | 75x |
| Short | Kalshi KXBCHPERP | 270.53 | 0 | get 0.0000% / 8h | 5h 13m | $1.3M | $11.8M | 2.7x |
Gate BCH_USDT
Kalshi KXBCHPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Gate. 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
- −$1.26
- Price spread: +0.237% → +0.009%
- $22.77
- Slippage, 4 orders
- −$28.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$31.76
- Costs to cover
- 0.533%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; Kalshi: live order book, 6 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 Gate live order book, 5 min ago | 2.40 bp | 11.6 bp −$12 | 18.6 bp −$186 | 43.9 bp −$4,389 | 61.7 bp −$30.9K |
| Sell Kalshi live order book, 6 min ago | 4.99 bp | 17.7 bp −$18 | 22.2 bp −$222 | 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 | −0.0838% | 1h | 269.95 | +0.023% | $458K | $265K | 25x | as long as short |
| Phemex BCHUSDT | −0.0188% | 8h | 270.01 | +0.044% | $4.9M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0168% | 1h | 269.86 | −0.011% | $2K | $6K | 10x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 270.20 | +0.115% | $721 | $130K | 12x | as long as short |
| Variational Omni BCH | −0.0115% | 8h | 269.72 | −0.064% | $83K | $294K | — | as long as short |
| Bybit BCHUSDT | −0.0065% | 8h | 269.70 | −0.070% | $39.4M | $33.0M | 75x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 269.73 | −0.058% | $117K | $653K | 25x | as long as short |
| Binance BCHUSDT | −0.0046% | 8h | 269.75 | −0.052% | $75.0M | $234.1M | 75x | as long as short |
| MEXC BCH_USDT | −0.0045% | 8h | 270.54 | +0.241% | $70.9M | $6.6M | 200x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 270.39 | +0.186% | $5K | $248 | 10x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
SoDEX BCH-USD
Injective BCH/USDC PERP
Variational Omni BCH
Bybit BCHUSDT
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
dYdX BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXBCHPERPshort | 0.0000% | 8h | 270.53 | +0.237% | $1.3M | $11.8M | 2.7x | |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 269.95 | +0.021% | $4K | — | 150x | as long as short |
| Gate BCH_USDTlong | +0.0006% | 8h | 269.89 | long leg | $8.4M | $14.9M | 75x | |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 270.97 | +0.400% | $243K | $2.1M | 50x | as long as short |
| Bitget BCHUSDT | +0.0018% | 8h | 269.81 | −0.030% | $19.4M | $29.4M | 75x | as long as short |
| GRVT BCH_USDT_Perp | +0.0018% | 8h | 270.08 | +0.070% | $394K | $17K | 10x | as long as short |
| Orderly PERP_BCH_USDC | +0.0024% | 8h | 269.77 | −0.044% | $2K | $176 | 10x | as long as short |
| OKX BCH-USDT-SWAP | +0.0061% | 8h | 269.70 | −0.070% | $26.4M | $78.2M | 50x | as long as short |
| BingX BCH-USDC | +0.0071% | 8h | 269.85 | −0.015% | — | $6.5M | — | as long as short |
| BloFin BCH-USDT | +0.0074% | 8h | 269.94 | +0.019% | $4.0M | $4.2M | 50x | as long as short |
| Nado BCH-PERP | +0.0094% | 1h | 269.81 | −0.029% | $442K | $428K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 270.05 | +0.059% | $378K | $588K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 270.16 | +0.100% | $6.0M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 270.13 | +0.089% | $218K | $703K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 270.06 | +0.064% | $164K | $467K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 270.03 | +0.052% | $9.3M | $8.0M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 270.10 | +0.079% | $19K | $290K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 270.36 | +0.174% | $73K | $213K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 269.64 | −0.093% | $1K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 269.77 | −0.044% | $777K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0113% | 1h | 270.24 | +0.129% | $818K | $3.2M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0335% / S −0.0388% | 1h | 269.98 | +0.033% | $26K | — | 100x | as long as short |
gTrade (Gains Network) BCH/USD
Coinbase International BCH-PERP-INTX
Bitget BCHUSDT
GRVT BCH_USDT_Perp
Orderly PERP_BCH_USDC
OKX BCH-USDT-SWAP
BingX BCH-USDC
BloFin BCH-USDT
Nado BCH-PERP
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]