BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0239%/8h= −26.1% APRnext payment −$2.39 per $10,000 · paid last 24h +0.030%

Price spread now: HTX against Kalshi−0.182%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$670.667% of the position

Long on Kalshi Short on HTX

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)+0.113%+$11 · spread now −0.182%, 7d avg −0.015%

Together, before fees+0.323%+$32 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and HTX is 0.167% cheaper against Kalshi than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.015%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.210%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXBCHPERP	264.39	0	get 0.0000% / 8h	7h 06m	$992K	$10.4M	2.7x
Short	HTX BCH-USDT	263.91	−0.0239	pay 0.0239% / 8h	3h 06m	$769K	$1.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.182%Rate

Funding earned: −$50.12
Price spread: −0.182% → −0.015%: −$16.67
Slippage, 4 orders: −$44.73
Fee Kalshi: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$133.51
Costs to cover: 0.667%
Break-even: never at this rate

Slippage from Kalshi: live order book, 2 min ago; HTX: live order book, 2 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	8.91 bp	16.2 bp −$16	20.0 bp −$200	33.2 bp −$3,318	doesn't fit
Sell HTX live order book, 2 min ago	7.59 bp	23.0 bp −$23	190.3 bp −$1,903	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
SoDEX BCH-USD	−0.0286%	1h	263.94	−0.170%	$2K	$8K	10x	as long as short
HTX BCH-USDTshort	−0.0239%	8h	263.91	−0.182%	$769K	$1.4M	75x
Phemex BCHUSDT	−0.0222%	8h	263.96	−0.163%	$4.9M	$6.4M	50x	as long as short
Nado BCH-PERP	−0.0184%	1h	263.95	−0.166%	$429K	$347K	10x	as long as short
SunX BCH-USDT	−0.0153%	8h	263.83	−0.212%	$2K	$1.7M	30x	as long as short
KuCoin BCHUSDTM	−0.0104%	8h	263.95	−0.166%	$8.5M	$6.8M	75x	as long as short
Bitget BCHUSDT	−0.0096%	8h	264.06	−0.125%	$18.9M	$28.3M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0083%	8h	264.10	−0.110%	$25.1M	$76.2M	50x	as long as short
Binance BCHUSDT	−0.0066%	8h	264.15	−0.092%	$71.7M	$216.0M	75x	as long as short
MEXC BCH_USDT	−0.0065%	8h	264.42	+0.011%	$69.9M	$7.9M	200x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BCH-USD	−0.0064%	1h	264.08	−0.117%	$117K	$1.1M	25x	as long as short
Coinbase International BCH-PERP-INTX	−0.0064%	1h	263.84	−0.208%	$217K	$1.8M	50x	as long as short
Variational Omni BCH	−0.0061%	8h	263.70	−0.261%	$81K	$196K	—	as long as short
Kraken Futures PF_BCHUSD	−0.0051%	1h	264.19	−0.075%	$854K	$3.0M	50x	as long as short
GRVT BCH_USDT_Perp	−0.0045%	8h	263.46	−0.351%	$384K	$17K	10x	as long as short
Gate BCH_USDT	−0.0034%	8h	264.13	−0.098%	$8.3M	$13.7M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	264.14	−0.095%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	264.11	−0.107%	$5K	$248	10x	as long as short
Kalshi KXBCHPERPlong	0.0000%	8h	264.39	long leg	$992K	$10.4M	2.7x
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	264.09	−0.113%	$442K	$331K	25x	as long as short
Bybit BCHUSDT	+0.0002%	8h	264.10	−0.110%	$38.9M	$31.3M	75x	as long as short
BingX BCH-USDC	+0.0010%	8h	264.14	−0.095%	—	$6.5M	—	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.198%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0046%	8h	264.00	−0.148%	$2K	$176	10x	as long as short
BloFin BCH-USDT	+0.0054%	8h	264.06	−0.125%	$3.9M	$4.4M	50x	as long as short
Aster BCHUSDT	+0.0079%	8h	264.07	−0.119%	$153K	$549K	75x	as long as short
Lighter BCH	+0.0096%	1h	264.04	−0.133%	$355K	$495K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	264.25	−0.053%	$5.7M	$4.6M	10x	as long as short
Pacifica BCH	+0.0100%	1h	264.03	−0.137%	$159K	$305K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	263.43	−0.364%	$18K	$321K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	263.71	−0.257%	$96K	$234K	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0232% / S −0.0180%	1h	264.07	−0.119%	$12K	—	100x	as long as short