Funding you earn now, next payment 08:00 UTC−0.0250%/8h= −27.4% APRnext payment −$2.50 per $10,000 · paid last 24h −0.010%
Price spread now: Gate against Aster+0.034%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$480.476% of the position
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.034%, 7d avg −0.027%
=Together, before fees−0.241%+ Points / potential airdropAster: Stage 5 · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.061% dearer against Aster than usual: you sell high and buy low (spread +0.034% now, against its 7-day average of −0.027%): +$6 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.131% in total) that is about 3.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.131% in total (about -6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BCHUSDT | 265.62 | 0.0100 | pay 0.0100% / 8h | 6h 51m | $169K | $688K | 75x |
| Short | Gate BCH_USDT | 265.71 | −0.0150 | pay 0.0150% / 8h | 6h 51m | $8.4M | $13.2M | 75x |
Aster BCHUSDT
Gate BCH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Aster. 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
- −$52.5
- Price spread: +0.034% → −0.027%
- $6.09
- Slippage, 4 orders
- −$24.64
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$94.05
- Costs to cover
- 0.476%
- Break-even
- never at this rate
Slippage from Aster: live order book, 16 min ago; Gate: 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 Aster live order book, 16 min ago | 5.01 bp | 10.5 bp −$11 | 26.6 bp −$266 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 1.69 bp | 13.0 bp −$13 | 20.9 bp −$209 | 60.9 bp −$6,095 | 86.5 bp −$43.3K |
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 | −0.0454% | 1h | 265.79 | +0.064% | $2K | $6K | 10x | as long as short |
| Phemex BCHUSDT | −0.0426% | 8h | 265.81 | +0.072% | $4.9M | $6.5M | 50x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0412% | 1h | 265.88 | +0.098% | $449K | $266K | 25x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0299% | 1h | 266.03 | +0.156% | $853K | $3.1M | 50x | as long as short |
| ApeX Omni BCHUSDT | −0.0237% | 1h | 265.52 | −0.037% | $97K | $227K | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0218% | 8h | 265.32 | −0.113% | $387K | $17K | 10x | as long as short |
| Gate BCH_USDTshort | −0.0150% | 8h | 265.71 | +0.034% | $8.4M | $13.2M | 75x | |
| Variational Omni BCH | −0.0125% | 8h | 264.31 | −0.493% | $81K | $285K | — | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0112% | 1h | 265.93 | +0.117% | $236K | $2.1M | 50x | as long as short |
| Extended BCH-USD | −0.0088% | 1h | 265.48 | −0.051% | $112K | $966K | 25x | as long as short |
SoDEX BCH-USD
Phemex BCHUSDT
Deribit BCH_USDC-PERPETUAL
Kraken Futures PF_BCHUSD
ApeX Omni BCHUSDT
GRVT BCH_USDT_Perp
Variational Omni BCH
Coinbase International BCH-PERP-INTX
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0086% | 8h | 265.93 | +0.117% | $69.7M | $6.8M | 200x | as long as short |
| Binance BCHUSDT | −0.0085% | 8h | 265.57 | −0.018% | $71.7M | $233.4M | 75x | as long as short |
| Bybit BCHUSDT | −0.0078% | 8h | 265.60 | −0.007% | $39.1M | $33.3M | 75x | as long as short |
| HTX BCH-USDT | −0.0050% | 8h | 266.02 | +0.151% | $778K | $1.6M | 75x | as long as short |
| SunX BCH-USDT | −0.0048% | 8h | 265.67 | +0.019% | $1K | $1.9M | 30x | as long as short |
| Bitget BCHUSDT | −0.0031% | 8h | 265.53 | −0.033% | $19.1M | $29.8M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0029% | 8h | 265.70 | +0.031% | $25.8M | $76.6M | 50x | as long as short |
| BingX BCH-USDC | −0.0012% | 8h | 265.55 | −0.026% | — | $6.5M | — | as long as short |
| Nado BCH-PERP | −0.0002% | 1h | 265.56 | −0.022% | $434K | $425K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.76 | +0.052% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 266.18 | +0.211% | $1.1M | $11.0M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 265.74 | +0.046% | $4K | — | 150x | as long as short |
| Orderly PERP_BCH_USDC | +0.0029% | 8h | 265.60 | −0.007% | $2K | $176 | 10x | as long as short |
| BloFin BCH-USDT | +0.0033% | 8h | 265.48 | −0.052% | $3.9M | $4.2M | 50x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.725% | $721 | $130K | 12x | as long as short |
| Pacifica BCH | +0.0040% | 1h | 265.54 | −0.031% | $161K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0086% | 8h | 265.60 | −0.007% | $8.6M | $7.6M | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 265.50 | −0.043% | $365K | $478K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.82 | +0.076% | $5.8M | $5.0M | 10x | as long as short |
| Aster BCHUSDTlong | +0.0100% | 8h | 265.62 | long leg | $169K | $688K | 75x | |
| edgeX BCHUSDC | +0.0100% | 4h | 265.13 | −0.186% | $19K | $291K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0333% / S −0.0451% | 1h | 266.04 | +0.158% | $25K | — | 100x | as long as short |
MEXC BCH_USDT
Binance BCHUSDT
Bybit BCHUSDT
HTX BCH-USDT
SunX BCH-USDT
Bitget BCHUSDT
OKX BCH-USDT-SWAP
BingX BCH-USDC
Nado BCH-PERP
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Orderly PERP_BCH_USDC
BloFin BCH-USDT
Injective BCH/USDC PERP
Pacifica BCH
KuCoin BCHUSDTM
Lighter BCH
Hyperliquid BCH
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]