Funding you earn now, next payment 00:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.25 per $10,000 · paid last 24h −0.003%
Price spread now: KuCoin against Aster−0.045%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$570.569% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.045%, 7d avg −0.009%
=Together, before fees−0.011%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.036% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.009%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BCHUSDT | 267.23 | 0.0100 | pay 0.0100% / 8h | 2h 45m | $234K | $674K | 75x |
| Short | KuCoin BCHUSDTM | 267.11 | 0.0075 | get 0.0075% / 8h | 2h 45m | $8.8M | $8.0M | 75x |
Aster BCHUSDT
KuCoin BCHUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$5.25
- Price spread: −0.045% → −0.009%
- −$3.58
- Slippage, 4 orders
- −$36.91
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$65.73
- Costs to cover
- 0.569%
- Break-even
- never at this rate
Slippage from Aster: live order book, 41 min ago; KuCoin: 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, 41 min ago | 6.17 bp | 11.2 bp −$11 | 30.0 bp −$300 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 0.56 bp | 17.7 bp −$18 | 63.7 bp −$637 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0390% | 1h | 267.11 | −0.046% | $437K | $248K | 25x | as long as short |
| Injective BCH/USDC PERP | −0.0304% | 1h | 267.23 | 0.000% | $713 | $80K | 12x | as long as short |
| Phemex BCHUSDT | −0.0198% | 8h | 267.03 | −0.075% | $4.9M | $6.3M | 50x | as long as short |
| SoDEX BCH-USD | −0.0181% | 1h | 266.97 | −0.097% | $2K | $6K | 10x | as long as short |
| MEXC BCH_USDT | −0.0121% | 8h | 267.68 | +0.168% | $70.8M | $6.3M | 200x | as long as short |
| Binance BCHUSDT | −0.0121% | 8h | 267.05 | −0.067% | $73.7M | $229.3M | 75x | as long as short |
| Extended BCH-USD | −0.0120% | 1h | 266.93 | −0.113% | $105K | $643K | 25x | as long as short |
| Bybit BCHUSDT | −0.0100% | 8h | 267.01 | −0.082% | $39.3M | $32.1M | 75x | as long as short |
| Variational Omni BCH | −0.0082% | 8h | 266.75 | −0.179% | $85K | $291K | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0067% | 8h | 266.89 | −0.127% | $389K | $17K | 10x | as long as short |
Deribit BCH_USDC-PERPETUAL
Injective BCH/USDC PERP
Phemex BCHUSDT
SoDEX BCH-USD
MEXC BCH_USDT
Binance BCHUSDT
Extended BCH-USD
Bybit BCHUSDT
Variational Omni BCH
GRVT BCH_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BCHUSDT | −0.0056% | 8h | 267.03 | −0.075% | $20.0M | $28.7M | 75x | as long as short |
| Gate BCH_USDT | −0.0040% | 8h | 267.05 | −0.067% | $8.4M | $14.3M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0024% | 1h | 266.89 | −0.127% | $254K | $2.0M | 50x | as long as short |
| OKX BCH-USDT-SWAP | −0.0018% | 8h | 267.00 | −0.086% | $26.1M | $75.5M | 50x | as long as short |
| BingX BCH-USDC | −0.0017% | 8h | 267.07 | −0.060% | — | $6.5M | — | as long as short |
| BloFin BCH-USDT | −0.0001% | 8h | 267.16 | −0.026% | $4.0M | $4.1M | 50x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 267.28 | +0.018% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 267.36 | +0.049% | $1.1M | $11.4M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 267.18 | −0.017% | $4K | — | 150x | as long as short |
| Orderly PERP_BCH_USDC | +0.0029% | 8h | 266.99 | −0.090% | $2K | $176 | 10x | as long as short |
| Nado BCH-PERP | +0.0073% | 1h | 267.13 | −0.039% | $440K | $426K | 10x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0074% | 1h | 267.27 | +0.015% | $804K | $3.2M | 50x | as long as short |
| KuCoin BCHUSDTMshort | +0.0075% | 8h | 267.11 | −0.045% | $8.8M | $8.0M | 75x | |
| Lighter BCH | +0.0096% | 1h | 267.09 | −0.054% | $375K | $580K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 267.34 | +0.041% | $6.0M | $4.1M | 10x | as long as short |
| Aster BCHUSDTlong | +0.0100% | 8h | 267.23 | long leg | $234K | $674K | 75x | |
| Pacifica BCH | +0.0100% | 1h | 267.15 | −0.030% | $169K | $461K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 266.90 | −0.124% | $19K | $289K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 266.97 | −0.097% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 266.84 | −0.146% | $1K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 266.89 | −0.127% | $768K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0365% / S −0.0554% | 1h | 267.17 | −0.023% | $25K | — | 100x | as long as short |
Bitget BCHUSDT
Gate BCH_USDT
Coinbase International BCH-PERP-INTX
OKX BCH-USDT-SWAP
BingX BCH-USDC
BloFin BCH-USDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Orderly PERP_BCH_USDC
Nado BCH-PERP
Kraken Futures PF_BCHUSD
Lighter BCH
Hyperliquid BCH
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]