Funding you earn now, next payment 00:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.05 per $10,000 · paid last 24h +0.022%
Price spread now: Gate against Kalshi−0.144%48s7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as 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+0.072%+$7 · spread now −0.144%, 7d avg −0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.135% cheaper against Kalshi than usual: you would sell low and buy high, −$13 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 | Kalshi KXBCHPERP | 270.47 | 0 | get 0.0000% / 8h | 5h 14m | $1.3M | $11.8M | 2.7x |
| Short | Gate BCH_USDT | 270.08 | 0.0005 | get 0.0005% / 8h | 1h 14m | $8.4M | $14.9M | 75x |
Kalshi KXBCHPERP
Gate BCH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Kalshi. 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
- $1.05
- Price spread: −0.144% → −0.009%
- −$13.47
- Slippage, 4 orders
- −$28.26
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$65.69
- Costs to cover
- 0.533%
- Break-even
- 444.9 days
Slippage from Kalshi: live order book, 4 min ago; Gate: 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 Kalshi live order book, 4 min ago | 4.99 bp | 10.0 bp −$10 | 18.2 bp −$182 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 2.40 bp | 13.9 bp −$14 | 21.1 bp −$211 | 39.0 bp −$3,899 | 51.5 bp −$25.7K |
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 | −0.0811% | 1h | 270.17 | −0.110% | $458K | $265K | 25x | as long as short |
| Phemex BCHUSDT | −0.0188% | 8h | 270.23 | −0.089% | $4.9M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0164% | 1h | 270.07 | −0.148% | $2K | $6K | 10x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 270.20 | −0.100% | $721 | $130K | 12x | as long as short |
| Variational Omni BCH | −0.0115% | 8h | 269.72 | −0.279% | $83K | $294K | — | as long as short |
| Bybit BCHUSDT | −0.0064% | 8h | 270.01 | −0.170% | $39.5M | $33.0M | 75x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 269.95 | −0.193% | $117K | $653K | 25x | as long as short |
| MEXC BCH_USDT | −0.0046% | 8h | 270.70 | +0.085% | $70.9M | $6.6M | 200x | as long as short |
| Binance BCHUSDT | −0.0046% | 8h | 270.04 | −0.158% | $75.1M | $234.1M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 270.39 | −0.028% | $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
MEXC BCH_USDT
Binance BCHUSDT
dYdX BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXBCHPERPlong | 0.0000% | 8h | 270.47 | long leg | $1.3M | $11.8M | 2.7x | |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 270.25 | −0.082% | $4K | — | 150x | as long as short |
| Gate BCH_USDTshort | +0.0005% | 8h | 270.08 | −0.144% | $8.4M | $14.9M | 75x | |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 270.97 | +0.185% | $243K | $2.1M | 50x | as long as short |
| Bitget BCHUSDT | +0.0017% | 8h | 270.26 | −0.078% | $19.5M | $29.4M | 75x | as long as short |
| GRVT BCH_USDT_Perp | +0.0018% | 8h | 270.08 | −0.145% | $394K | $17K | 10x | as long as short |
| Orderly PERP_BCH_USDC | +0.0024% | 8h | 270.04 | −0.159% | $2K | $176 | 10x | as long as short |
| OKX BCH-USDT-SWAP | +0.0064% | 8h | 269.90 | −0.211% | $26.4M | $78.3M | 50x | as long as short |
| BingX BCH-USDT | +0.0071% | 8h | 270.06 | −0.152% | — | $30.5M | — | as long as short |
| BloFin BCH-USDT | +0.0074% | 8h | 269.99 | −0.177% | $4.0M | $4.2M | 50x | as long as short |
| Nado BCH-PERP | +0.0094% | 1h | 270.00 | −0.173% | $442K | $428K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 270.22 | −0.092% | $378K | $588K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 270.41 | −0.022% | $6.0M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 270.14 | −0.122% | $218K | $703K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 270.20 | −0.102% | $164K | $467K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 270.21 | −0.096% | $9.3M | $8.0M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 270.10 | −0.135% | $19K | $290K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 270.36 | −0.041% | $73K | $213K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 269.95 | −0.192% | $1K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 270.26 | −0.078% | $777K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0112% | 1h | 270.45 | −0.006% | $819K | $3.2M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0342% / S −0.0401% | 1h | 270.25 | −0.081% | $27K | — | 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-USDT
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]