Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.028%
Price spread now: Kalshi against Pacifica+0.057%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$450.445% of the position
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 4 days (all we have)−0.279%−$28 · spread now +0.057%, 7d avg −0.020%
=Together, before fees−0.356%+ Points / potential airdropPacifica: Active · farm board−$36 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kalshi is 0.076% dearer against Pacifica than usual: you sell high and buy low (spread +0.057% now, against its 7-day average of −0.020%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.5 days. At the pace of the last 7 days (−0.076% in total) that is about 7.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica BCH | 265.00 | 0.0100 | pay 0.0013% / 1h | 3m 13s | $159K | $311K | 10x |
| Short | Kalshi KXBCHPERP | 265.15 | 0 | get 0.0000% / 8h | 5h 03m | $985K | $10.5M | 2.7x |
Pacifica BCH
Kalshi KXBCHPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Pacifica. 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: +0.057% → −0.020%
- $7.63
- Slippage, 4 orders
- −$26.51
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$57.88
- Costs to cover
- 0.445%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 40 min ago; Kalshi: live order book, 6 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 Pacifica live order book, 40 min ago | 2.46 bp | 11.3 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 6 min ago | 6.78 bp | 11.8 bp −$12 | 18.8 bp −$188 | 33.0 bp −$3,295 | 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 | −0.0351% | 1h | 264.79 | −0.079% | $2K | $8K | 10x | as long as short |
| Phemex BCHUSDT | −0.0157% | 8h | 264.83 | −0.064% | $4.9M | $6.6M | 50x | as long as short |
| HTX BCH-USDT | −0.0144% | 8h | 264.87 | −0.049% | $774K | $1.4M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0103% | 1h | 265.01 | +0.004% | $862K | $2.9M | 50x | as long as short |
| Variational Omni BCH | −0.0094% | 8h | 265.40 | +0.152% | $81K | $196K | — | as long as short |
| KuCoin BCHUSDTM | −0.0089% | 8h | 264.92 | −0.030% | $8.5M | $6.6M | 75x | as long as short |
| Bitget BCHUSDT | −0.0078% | 8h | 264.75 | −0.094% | $18.9M | $28.3M | 75x | as long as short |
| Bybit BCHUSDT | −0.0069% | 8h | 264.70 | −0.113% | $38.9M | $31.8M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0069% | 8h | 264.60 | −0.151% | $25.3M | $77.7M | 50x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 264.71 | −0.111% | $111K | $865K | 25x | as long as short |
SoDEX BCH-USD
Phemex BCHUSDT
HTX BCH-USDT
Kraken Futures PF_BCHUSD
Variational Omni BCH
KuCoin BCHUSDTM
Bitget BCHUSDT
Bybit BCHUSDT
OKX BCH-USDT-SWAP
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0048% | 8h | 264.82 | −0.069% | $72.9M | $219.6M | 75x | as long as short |
| MEXC BCH_USDT | −0.0045% | 8h | 265.24 | +0.091% | $70.8M | $8.8M | 200x | as long as short |
| BingX BCH-USDT | −0.0034% | 8h | 264.74 | −0.098% | — | $32.9M | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0028% | 8h | 265.22 | +0.083% | $387K | $17K | 10x | as long as short |
| Nado BCH-PERP | −0.0012% | 1h | 264.88 | −0.043% | $434K | $357K | 10x | as long as short |
| Gate BCH_USDT | −0.0010% | 8h | 265.01 | +0.004% | $8.4M | $13.9M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 265.02 | +0.009% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.11 | +0.042% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERPshort | 0.0000% | 8h | 265.15 | +0.057% | $985K | $10.5M | 2.7x | |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 264.95 | −0.017% | $441K | $337K | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0008% | 1h | 265.90 | +0.340% | $225K | $1.9M | 50x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.962% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0046% | 8h | 264.81 | −0.072% | $2K | $176 | 10x | as long as short |
| Aster BCHUSDT | +0.0047% | 8h | 264.74 | −0.098% | $137K | $590K | 75x | as long as short |
| BloFin BCH-USDT | +0.0072% | 8h | 265.01 | +0.004% | $3.9M | $4.5M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 264.83 | −0.063% | $353K | $496K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.07 | +0.026% | $5.7M | $4.7M | 10x | as long as short |
| Pacifica BCHlong | +0.0100% | 1h | 265.00 | long leg | $159K | $311K | 10x | |
| edgeX BCHUSDC | +0.0100% | 4h | 265.19 | +0.072% | $19K | $345K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 265.32 | +0.121% | $95K | $240K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 264.81 | −0.072% | $2K | $1.7M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0202% / S −0.0147% | 1h | 264.96 | −0.017% | $12K | — | 100x | as long as short |
Binance BCHUSDT
MEXC BCH_USDT
BingX BCH-USDT
GRVT BCH_USDT_Perp
Nado BCH-PERP
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Deribit BCH_USDC-PERPETUAL
Coinbase International BCH-PERP-INTX
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
Aster BCHUSDT
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]