After costs, if the gap returns to its 7d average, $10k−$41
spread now+0.027%7d average−0.021%fees + slippage, in and out−$45spread needed0.454%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex BCHUSDT | 263.65 | −0.0150 | get 0.0150% / 8h | 5h 55m | $4.8M | $5.9M | 50x |
| Short | Kalshi KXBCHPERP | 263.72 | 0 | get 0.0000% / 8h | 1h 55m | $1.0M | $11.3M | 2.7x |
Phemex BCHUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $2.66
- Funding while held
- $4.49
- Slippage, 4 orders
- −$23.38
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$38.23
- Spread needed to break even
- 0.454%
Slippage from Phemex: live order book, 5 min ago; Kalshi: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0150%
- Per $10,000 a day
- +$4.49
- Average in range /8h
- —
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 Phemex live order book, 5 min ago | 0.19 bp | 10.3 bp −$10 | 19.8 bp −$198 | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 5 min ago | 6.27 bp | 11.3 bp −$11 | 18.2 bp −$182 | 32.6 bp −$3,261 | doesn't fit |
BCH price on every exchange
against the cheapest. Click to use as the short leg.Injective251.25cheapestVariational Omni262.57+4.504%Coinbase International262.60+4.517%edgeX262.85+4.616%Nado262.85+4.617%ApeX Omni263.06+4.700%BloFin263.34+4.812%dYdX263.37+4.825%HTX263.38+4.828%Pacifica263.39+4.833%SunX263.57+4.903%OKX263.60+4.915%Extended263.64+4.933%SoDEX263.65+4.935%
Injective
Variational Omni
Coinbase International
Nado
ApeX Omni
BloFin
dYdX
HTX
Pacifica
SunX
OKX
Extended
SoDEXPhemex263.65+4.935%
BingX263.68+4.947%Orderly263.68+4.947%Aster263.68+4.949%Binance263.69+4.951%Bybit263.70+4.955%Bitget263.70+4.955%Lighter263.74+4.972%Gate263.75+4.975%KuCoin263.75+4.975%gTrade (Gains Network)263.81+4.997%Deribit263.82+5.003%GMX263.87+5.022%Kraken Futures263.92+5.044%Hyperliquid263.95+5.055%MEXC264.04+5.091%
BingX
Orderly
Aster
Binance
Bybit
Bitget
Lighter
Gate
KuCoin
gTrade (Gains Network)
Deribit
GMX
Kraken Futures
Hyperliquid
MEXCBCH on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective BCH/USDC PERP | −4.703% | +0.0033% | 1h | $670 | $47K | 12x | as long as short |
| Variational Omni BCH | −0.411% | +0.0040% | 8h | $75K | $277K | — | as long as short |
| Coinbase International BCH-PERP-INTX | −0.398% | −0.0032% | 1h | $221K | $2.0M | 50x | as long as short |
| edgeX BCHUSDC | −0.304% | +0.0100% | 4h | $21K | $284K | 20x | as long as short |
| Nado BCH-PERP | −0.303% | −0.0127% | 1h | $447K | $387K | 10x | as long as short |
| ApeX Omni BCHUSDT | −0.224% | −0.0566% | 1h | $72K | $216K | 50x | as long as short |
| BloFin BCH-USDT | −0.118% | +0.0079% | 8h | $4.0M | $3.9M | 50x | as long as short |
| dYdX BCH-USD | −0.105% | 0.0000% | 1h | $5K | $229 | 10x | as long as short |
| HTX BCH-USDT | −0.102% | −0.0374% | 8h | $764K | $1.5M | 75x | as long as short |
| Pacifica BCH | −0.098% | +0.0100% | 1h | $161K | $449K | 10x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX BCH-USDT | −0.030% | −0.1292% | 8h | $2K | $2.0M | 30x | as long as short |
| OKX BCH-USDT-SWAP | −0.019% | +0.0044% | 8h | $24.6M | $71.1M | 50x | as long as short |
| Extended BCH-USD | −0.002% | −0.0040% | 1h | $102K | $647K | 25x | as long as short |
| SoDEX BCH-USD | 0.000% | −0.0509% | 1h | $47 | $5K | 10x | as long as short |
| Phemex BCHUSDTlong | 0.000% | −0.0150% | 8h | $4.8M | $5.9M | 50x | |
| BingX BCH-USDT | +0.011% | +0.0100% | 8h | — | $32.2M | — | as long as short |
| Orderly PERP_BCH_USDC | +0.011% | +0.0060% | 8h | $2K | $176 | 10x | as long as short |
| Aster BCHUSDT | +0.013% | +0.0100% | 8h | $233K | $673K | 75x | as long as short |
| Binance BCHUSDT | +0.015% | −0.0041% | 8h | $72.6M | $224.6M | 75x | as long as short |
| Bybit BCHUSDT | +0.019% | +0.0006% | 8h | $39.1M | $31.9M | 75x | as long as short |
| Bitget BCHUSDT | +0.019% | +0.0100% | 8h | $19.3M | $27.5M | 75x | as long as short |
| Kalshi KXBCHPERPshort | +0.027% | 0.0000% | 8h | $1.0M | $11.3M | 2.7x | |
| Lighter BCH | +0.035% | +0.0096% | 1h | $375K | $591K | 10x | as long as short |
| Gate BCH_USDT | +0.038% | −0.0098% | 8h | $8.3M | $14.0M | 75x | as long as short |
| KuCoin BCHUSDTM | +0.038% | +0.0035% | 8h | $8.9M | $8.1M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | +0.059% | L 0.0000% / S +0.0007% | 1h | $5K | — | 150x | as long as short |
| Deribit BCH_USDC-PERPETUAL | +0.064% | −0.0269% | 1h | $430K | $252K | 25x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | +0.083% | L +0.0324% / S −0.0429% | 1h | $25K | — | 100x | as long as short |
| Kraken Futures PF_BCHUSD | +0.104% | −0.0253% | 1h | $808K | $3.2M | 50x | as long as short |
| Hyperliquid BCH | +0.114% | +0.0100% | 1h | $5.1M | $4.2M | 10x | as long as short |
| MEXC BCH_USDT | +0.148% | −0.0039% | 8h | $69.2M | $5.2M | 200x | as long as short |