Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: edgeX against Kalshi−0.295%7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$470.465% of the position

Long on Kalshi Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 3 days (all we have)+0.203%+$20 · spread now −0.295%, 7d avg −0.011%

Together, before fees+0.413%+ Points / potential airdropedgeX: Active · farm board+$41 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.284% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.295% now, against its 7-day average of −0.011%). If the spread goes back, that is −$28 on $10k: about 9.5 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	268.48	0	get 0.0000% / 8h	7h 32m	$1.1M	$11.5M	2.7x
Short	edgeX BCHUSDC	267.69	0.0100	get 0.0050% / 4h	3h 32m	$21K	$286K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Kalshi. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KalshibpFee edgeXbpOrdersPrice spread, now −0.295%Rate

Funding earned: $21
Price spread: −0.295% → −0.011%: −$28.39
Slippage, 4 orders: −$27.54
Fee Kalshi: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$53.92
Costs to cover: 0.465%
Break-even: 25.0 days

Slippage from Kalshi: live order book, 2 min ago; edgeX: live order book, 15 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, 2 min ago	3.54 bp	8.5 bp −$9	19.5 bp −$195	doesn't fit	doesn't fit
Sell edgeX live order book, 15 min ago	7.32 bp	12.0 bp −$12	15.4 bp −$154	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
Injective BCH/USDC PERP	−0.0300%	1h	267.99	−0.183%	$715	$47K	12x	as long as short
SoDEX BCH-USD	−0.0291%	1h	267.84	−0.238%	$2K	$6K	10x	as long as short
Phemex BCHUSDT	−0.0290%	8h	268.20	−0.104%	$4.9M	$5.9M	50x	as long as short
Kraken Futures PF_BCHUSD	−0.0192%	1h	268.13	−0.131%	$817K	$3.2M	50x	as long as short
Binance BCHUSDT	−0.0144%	8h	268.52	+0.016%	$74.2M	$227.9M	75x	as long as short
Extended BCH-USD	−0.0144%	1h	268.43	−0.017%	$105K	$642K	25x	as long as short
MEXC BCH_USDT	−0.0144%	8h	269.12	+0.238%	$71.5M	$6.2M	200x	as long as short
GRVT BCH_USDT_Perp	−0.0139%	8h	267.75	−0.271%	$390K	$17K	10x	as long as short
Bybit BCHUSDT	−0.0109%	8h	268.42	−0.022%	$39.7M	$32.0M	75x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0104%	1h	268.00	−0.178%	$438K	$254K	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BCH_USDT	−0.0092%	8h	268.61	+0.048%	$8.4M	$14.3M	75x	as long as short
Nado BCH-PERP	−0.0078%	1h	267.65	−0.310%	$441K	$394K	10x	as long as short
Coinbase International BCH-PERP-INTX	−0.0072%	1h	268.20	−0.104%	$234K	$2.0M	50x	as long as short
Variational Omni BCH	−0.0061%	8h	267.65	−0.308%	$76K	$277K	—	as long as short
Bitget BCHUSDT	−0.0057%	8h	268.58	+0.037%	$19.9M	$28.3M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0036%	8h	268.50	+0.007%	$25.2M	$74.2M	50x	as long as short
BingX BCH-USDT	−0.0026%	8h	268.56	+0.030%	—	$32.2M	—	as long as short
BloFin BCH-USDT	−0.0025%	8h	268.44	−0.015%	$4.0M	$4.1M	50x	as long as short
dYdX BCH-USD	0.0000%	1h	268.72	+0.088%	$5K	$248	10x	as long as short
Kalshi KXBCHPERPlong	0.0000%	8h	268.48	long leg	$1.1M	$11.5M	2.7x
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	268.08	−0.149%	$4K	—	150x	as long as short
KuCoin BCHUSDTM	+0.0029%	8h	268.60	+0.045%	$8.9M	$8.1M	75x	as long as short
Orderly PERP_BCH_USDC	+0.0033%	8h	267.87	−0.227%	$2K	$176	10x	as long as short
HTX BCH-USDT	+0.0064%	8h	268.26	−0.082%	$781K	$1.6M	75x	as long as short
SunX BCH-USDT	+0.0092%	8h	267.43	−0.391%	$1K	$2.0M	30x	as long as short
Lighter BCH	+0.0096%	1h	268.67	+0.071%	$378K	$578K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	268.78	+0.112%	$5.2M	$3.8M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	268.56	+0.029%	$238K	$670K	75x	as long as short
Pacifica BCH	+0.0100%	1h	268.62	+0.052%	$169K	$453K	10x	as long as short
edgeX BCHUSDCshort	+0.0100%	4h	267.69	−0.295%	$21K	$286K	20x
ApeX Omni BCHUSDT	+0.0100%	1h	268.08	−0.149%	$73K	$216K	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0372% / S −0.0574%	1h	268.05	−0.161%	$26K	—	100x	as long as short