Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.021%
Price spread now: SunX against Kalshi−0.194%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$950.949% of the position
Funding, last 7 days+0.201%+$20 on $10k
+Price spread, last 3 days (all we have)+0.152%+$15 · spread now −0.194%, 7d avg −0.023%
=Funding pays, the price is against you. SunX is 0.171% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.194% now, against its 7-day average of −0.023%). If the spread goes back, that is −$17 on $10k: about 5.7 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 | 268.39 | 0 | get 0.0000% / 8h | 3h 52m | $1.1M | $11.8M | 2.7x |
| Short | SunX BCH-USDT | 267.87 | 0.0100 | get 0.0100% / 8h | 7h 52m | $1K | $2.0M | 30x |
Kalshi KXBCHPERP
SunX BCH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $21
- Price spread: −0.194% → −0.023%
- −$17.07
- Slippage, 4 orders
- −$76.86
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$90.93
- Costs to cover
- 0.949%
- Break-even
- 37.3 days
Slippage from Kalshi: live order book, 1 min ago; SunX: live order book, 13 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, 1 min ago | 7.82 bp | 12.8 bp −$13 | 20.6 bp −$206 | doesn't fit | doesn't fit |
| Sell SunX live order book, 13 min ago | 19.70 bp | 29.1 bp −$29 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex BCHUSDT | −0.0685% | 8h | 267.84 | −0.205% | $4.9M | $6.5M | 50x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0548% | 1h | 268.05 | −0.126% | $453K | $266K | 25x | as long as short |
| SoDEX BCH-USD | −0.0518% | 1h | 267.86 | −0.197% | $2K | $6K | 10x | as long as short |
| HTX BCH-USDT | −0.0275% | 8h | 267.88 | −0.190% | $771K | $1.7M | 75x | as long as short |
| Gate BCH_USDT | −0.0193% | 8h | 267.97 | −0.156% | $8.4M | $14.0M | 75x | as long as short |
| Variational Omni BCH | −0.0132% | 8h | 268.01 | −0.140% | $82K | $292K | — | as long as short |
| Bybit BCHUSDT | −0.0096% | 8h | 267.70 | −0.257% | $39.5M | $33.2M | 75x | as long as short |
| Nado BCH-PERP | −0.0083% | 1h | 267.99 | −0.148% | $440K | $436K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 268.33 | −0.022% | $224K | $2.1M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 268.14 | −0.093% | $856K | $3.2M | 50x | as long as short |
Phemex BCHUSDT
Deribit BCH_USDC-PERPETUAL
SoDEX BCH-USD
HTX BCH-USDT
Gate BCH_USDT
Variational Omni BCH
Bybit BCHUSDT
Nado BCH-PERP
Coinbase International BCH-PERP-INTX
Kraken Futures PF_BCHUSDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0040% | 1h | 267.69 | −0.260% | $113K | $657K | 25x | as long as short |
| Binance BCHUSDT | −0.0039% | 8h | 267.79 | −0.222% | $72.9M | $236.4M | 75x | as long as short |
| MEXC BCH_USDT | −0.0039% | 8h | 268.38 | −0.004% | $70.3M | $6.6M | 200x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 268.31 | −0.030% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERPlong | 0.0000% | 8h | 268.39 | long leg | $1.1M | $11.8M | 2.7x | |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 268.25 | −0.053% | $4K | — | 150x | as long as short |
| GRVT BCH_USDT_Perp | +0.0013% | 8h | 267.95 | −0.165% | $390K | $17K | 10x | as long as short |
| Bitget BCHUSDT | +0.0014% | 8h | 267.65 | −0.276% | $19.2M | $30.2M | 75x | as long as short |
| OKX BCH-USDT-SWAP | +0.0024% | 8h | 267.70 | −0.257% | $26.0M | $78.6M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0030% | 8h | 267.97 | −0.156% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.674% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0081% | 8h | 267.94 | −0.168% | $3.9M | $4.3M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 267.98 | −0.152% | $371K | $527K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 268.14 | −0.091% | $6.0M | $4.4M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 267.93 | −0.173% | $175K | $715K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 267.96 | −0.159% | $163K | $430K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 268.02 | −0.138% | $9.0M | $7.7M | 75x | as long as short |
| BingX BCH-USDC | +0.0100% | 8h | 267.86 | −0.197% | — | $6.5M | — | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 267.86 | −0.196% | $19K | $290K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 267.95 | −0.164% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDTshort | +0.0100% | 8h | 267.87 | −0.194% | $1K | $2.0M | 30x | |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0333% / S −0.0224% | 1h | 268.20 | −0.072% | $31K | — | 100x | as long as short |
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
dYdX BCH-USD
gTrade (Gains Network) BCH/USD
GRVT BCH_USDT_Perp
Bitget BCHUSDT
OKX BCH-USDT-SWAP
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
BingX BCH-USDC
edgeX BCHUSDC
ApeX Omni BCHUSDT
GMX BCH/USD [WBTC.b-USDC]