Funding you earn now, next payment 04:00 UTC+0.0109%/8h= +12.0% APRnext payment +$1.09 per $10,000 · paid last 24h −0.030%
Price spread now: Kalshi against HTX+0.182%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$790.786% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 3 days (all we have)−0.133%−$13 · spread now +0.182%, 7d avg +0.007%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Kalshi is 0.175% dearer against HTX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.007%. Mind the row above: over the last 7 days funding on this pair cost −0.210%, 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 | HTX BCH-USDT | 268.72 | −0.0109 | get 0.0109% / 8h | 7h 28m | $781K | $1.6M | 75x |
| Short | Kalshi KXBCHPERP | 269.21 | 0 | get 0.0000% / 8h | 3h 28m | $1.1M | $10.8M | 2.7x |
HTX BCH-USDT
Kalshi KXBCHPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against HTX. 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
- $22.98
- Price spread: +0.182% → +0.007%
- $17.49
- Slippage, 4 orders
- −$56.59
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$38.12
- Costs to cover
- 0.786%
- Break-even
- 18.6 days
Slippage from HTX: live order book, 5 min ago; Kalshi: live order book, 5 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 HTX live order book, 5 min ago | 6.88 bp | 18.2 bp −$18 | 204.3 bp −$2,043 | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 5 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 | −0.0650% | 8h | 268.79 | +0.026% | $4.9M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0541% | 1h | 268.91 | +0.071% | $2K | $6K | 10x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0478% | 1h | 269.04 | +0.119% | $455K | $266K | 25x | as long as short |
| GRVT BCH_USDT_Perp | −0.0157% | 8h | 269.17 | +0.167% | $392K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0139% | 8h | 269.19 | +0.175% | $8.5M | $14.2M | 75x | as long as short |
| Variational Omni BCH | −0.0127% | 8h | 269.01 | +0.107% | $82K | $285K | — | as long as short |
| HTX BCH-USDTlong | −0.0109% | 8h | 268.72 | long leg | $781K | $1.6M | 75x | |
| ApeX Omni BCHUSDT | −0.0107% | 1h | 269.29 | +0.212% | $73K | $214K | 50x | as long as short |
| Bybit BCHUSDT | −0.0066% | 8h | 269.10 | +0.141% | $39.8M | $32.5M | 75x | as long as short |
| Binance BCHUSDT | −0.0058% | 8h | 269.12 | +0.149% | $73.0M | $229.8M | 75x | as long as short |
Phemex BCHUSDT
SoDEX BCH-USD
Deribit BCH_USDC-PERPETUAL
GRVT BCH_USDT_Perp
Gate BCH_USDT
Variational Omni BCH
ApeX Omni BCHUSDT
Bybit BCHUSDT
Binance BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0056% | 1h | 269.02 | +0.113% | $117K | $1.1M | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 268.58 | −0.052% | $227K | $2.0M | 50x | as long as short |
| MEXC BCH_USDT | −0.0055% | 8h | 269.52 | +0.298% | $70.6M | $6.6M | 200x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 269.12 | +0.147% | $857K | $3.1M | 50x | as long as short |
| Bitget BCHUSDT | −0.0014% | 8h | 269.06 | +0.127% | $19.3M | $29.2M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 269.11 | +0.145% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERPshort | 0.0000% | 8h | 269.21 | +0.182% | $1.1M | $10.8M | 2.7x | |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 269.09 | +0.138% | $4K | — | 150x | as long as short |
| Nado BCH-PERP | +0.0013% | 1h | 268.68 | −0.015% | $440K | $421K | 10x | as long as short |
| OKX BCH-USDT-SWAP | +0.0018% | 8h | 269.10 | +0.141% | $26.1M | $76.6M | 50x | as long as short |
| BingX BCH-USDT | +0.0024% | 8h | 269.10 | +0.141% | — | $31.6M | — | as long as short |
| Orderly PERP_BCH_USDC | +0.0030% | 8h | 268.95 | +0.086% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.551% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0062% | 8h | 268.90 | +0.067% | $3.9M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 268.92 | +0.075% | $370K | $530K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.27 | +0.205% | $6.0M | $4.4M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 268.89 | +0.064% | $177K | $666K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 268.90 | +0.065% | $163K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 269.05 | +0.123% | $9.0M | $7.6M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 269.05 | +0.124% | $19K | $292K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 268.66 | −0.022% | $2K | $1.9M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0334% / S −0.0451% | 1h | 269.09 | +0.139% | $25K | — | 100x | as long as short |
Extended BCH-USD
Coinbase International BCH-PERP-INTX
MEXC BCH_USDT
Kraken Futures PF_BCHUSD
Bitget BCHUSDT
dYdX BCH-USD
gTrade (Gains Network) BCH/USD
Nado BCH-PERP
OKX BCH-USDT-SWAP
BingX BCH-USDT
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]