Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h −0.007%
Price spread now: Bybit against Binance−0.003%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$340.335% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now −0.003%, 7d avg −0.031%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.027% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BCHUSDT | 267.25 | −0.0047 | get 0.0047% / 8h | 7h 46m | $72.6M | $230.7M | 75x |
| Short | Bybit BCHUSDT | 267.24 | −0.0027 | pay 0.0027% / 8h | 7h 46m | $39.5M | $32.5M | 75x |
Binance BCHUSDT
Bybit BCHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- $4.14
- Price spread: −0.003% → −0.031%
- $2.74
- Slippage, 4 orders
- −$12.52
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$26.64
- Costs to cover
- 0.335%
- Break-even
- 52.0 days
Slippage from Binance: live order book, 12 min ago; Bybit: 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 Binance live order book, 12 min ago | 0.19 bp | 5.4 bp −$5 | 5.5 bp −$55 | 5.9 bp −$588 | 58.0 bp −$29.0K |
| Sell Bybit live order book, 2 min ago | 1.87 bp | 10.2 bp −$10 | 23.3 bp −$233 | 75.6 bp −$7,559 | 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 | −0.0539% | 1h | 267.25 | 0.000% | $2K | $6K | 10x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0445% | 1h | 267.44 | +0.072% | $452K | $266K | 25x | as long as short |
| HTX BCH-USDT | −0.0398% | 8h | 267.39 | +0.053% | $770K | $1.6M | 75x | as long as short |
| Gate BCH_USDT | −0.0367% | 8h | 267.48 | +0.087% | $8.4M | $14.1M | 75x | as long as short |
| Phemex BCHUSDT | −0.0252% | 8h | 267.36 | +0.042% | $4.9M | $6.5M | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0235% | 8h | 267.57 | +0.121% | $390K | $17K | 10x | as long as short |
| ApeX Omni BCHUSDT | −0.0161% | 1h | 267.55 | +0.113% | $72K | $214K | 50x | as long as short |
| Variational Omni BCH | −0.0133% | 8h | 267.21 | −0.015% | $82K | $290K | — | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 267.52 | +0.101% | $224K | $2.0M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 267.52 | +0.103% | $856K | $3.1M | 50x | as long as short |
SoDEX BCH-USD
Deribit BCH_USDC-PERPETUAL
HTX BCH-USDT
Gate BCH_USDT
Phemex BCHUSDT
GRVT BCH_USDT_Perp
ApeX Omni BCHUSDT
Variational Omni BCH
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 | −0.0048% | 1h | 267.30 | +0.017% | $113K | $722K | 25x | as long as short |
| Binance BCHUSDTlong | −0.0047% | 8h | 267.25 | long leg | $72.6M | $230.7M | 75x | |
| MEXC BCH_USDT | −0.0044% | 8h | 267.89 | +0.240% | $70.2M | $6.6M | 200x | as long as short |
| Bybit BCHUSDTshort | −0.0027% | 8h | 267.24 | −0.003% | $39.5M | $32.5M | 75x | |
| Nado BCH-PERP | −0.0015% | 1h | 267.54 | +0.110% | $439K | $422K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 267.61 | +0.135% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 267.82 | +0.214% | $1.1M | $10.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 267.65 | +0.150% | $4K | — | 150x | as long as short |
| Bitget BCHUSDT | +0.0004% | 8h | 267.21 | −0.015% | $19.3M | $29.4M | 75x | as long as short |
| BingX BCH-USDT | +0.0028% | 8h | 267.34 | +0.034% | — | $30.9M | — | as long as short |
| OKX BCH-USDT-SWAP | +0.0029% | 8h | 267.20 | −0.018% | $25.9M | $76.5M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0030% | 8h | 267.43 | +0.068% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.104% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0075% | 8h | 267.50 | +0.094% | $3.9M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 267.31 | +0.024% | $368K | $529K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 267.73 | +0.180% | $6.0M | $4.4M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 267.42 | +0.064% | $175K | $666K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 267.33 | +0.030% | $163K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 267.37 | +0.045% | $9.0M | $7.6M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 267.50 | +0.094% | $19K | $291K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 267.25 | 0.000% | $1K | $1.9M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0333% / S −0.0224% | 1h | 267.60 | +0.132% | $31K | — | 100x | as long as short |
Extended BCH-USD
MEXC BCH_USDT
Nado BCH-PERP
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Bitget BCHUSDT
BingX BCH-USDT
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
edgeX BCHUSDC
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]