BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0235%/8h= −25.7% APRnext payment −$2.35 per $10,000 · paid last 24h +0.015%

Price spread now: HTX against Binance−0.017%7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$620.616% of the position

Long on Binance Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.164%+$16 on $10k

Price spread, last 4 days (all we have)−0.114%−$11 · spread now −0.017%, 7d avg −0.014%

Together, before fees+0.050%+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.164%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.164% in total (about 8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.35 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	Binance BCHUSDT	263.90	−0.0105	get 0.0105% / 8h	4h 50m	$71.9M	$213.5M	75x
Short	HTX BCH-USDT	263.85	−0.0340	pay 0.0340% / 8h	4h 50m	$769K	$1.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee HTXbpOrdersPrice spread, now −0.017%Rate

Funding earned: −$49.27
Price spread: −0.017% → −0.014%: −$0.38
Slippage, 4 orders: −$39.59
Fee Binance: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$111.25
Costs to cover: 0.616%
Break-even: never at this rate

Slippage from Binance: live order book, 8 min ago; HTX: live order book, 3 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, 8 min ago	0.19 bp	8.2 bp −$8	17.7 bp −$177	54.9 bp −$5,491	doesn't fit
Sell HTX live order book, 3 min ago	8.69 bp	29.9 bp −$30	213.6 bp −$2,136	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
SunX BCH-USDT	−0.0810%	8h	263.86	−0.014%	$1K	$1.7M	30x	as long as short
SoDEX BCH-USD	−0.0396%	1h	263.89	−0.002%	$2K	$8K	10x	as long as short
HTX BCH-USDTshort	−0.0340%	8h	263.85	−0.017%	$769K	$1.4M	75x
Phemex BCHUSDT	−0.0334%	8h	263.86	−0.014%	$4.9M	$6.4M	50x	as long as short
Nado BCH-PERP	−0.0197%	1h	263.91	+0.006%	$419K	$338K	10x	as long as short
GRVT BCH_USDT_Perp	−0.0114%	8h	264.97	+0.406%	$386K	$17K	10x	as long as short
Binance BCHUSDTlong	−0.0105%	8h	263.90	long leg	$71.9M	$213.5M	75x
MEXC BCH_USDT	−0.0105%	8h	264.17	+0.104%	$69.9M	$7.3M	200x	as long as short
Extended BCH-USD	−0.0104%	1h	263.68	−0.081%	$112K	$951K	25x	as long as short
Coinbase International BCH-PERP-INTX	−0.0104%	1h	264.21	+0.119%	$220K	$1.8M	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BCH_USDT	−0.0099%	8h	264.02	+0.047%	$8.3M	$13.3M	75x	as long as short
Variational Omni BCH	−0.0089%	8h	263.90	+0.003%	$81K	$201K	—	as long as short
OKX BCH-USDT-SWAP	−0.0089%	8h	263.60	−0.112%	$24.9M	$73.8M	50x	as long as short
KuCoin BCHUSDTM	−0.0086%	8h	264.05	+0.058%	$8.5M	$7.1M	75x	as long as short
Bitget BCHUSDT	−0.0075%	8h	263.89	−0.002%	$19.0M	$28.1M	75x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0060%	1h	264.06	+0.061%	$442K	$331K	25x	as long as short
BingX BCH-USDC	−0.0039%	8h	264.01	+0.043%	—	$6.5M	—	as long as short
Bybit BCHUSDT	−0.0030%	8h	263.80	−0.036%	$39.0M	$30.9M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	264.23	+0.127%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	264.17	+0.104%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	264.35	+0.172%	$1.0M	$10.2M	2.7x	as long as short
Kraken Futures PF_BCHUSD	+0.0011%	1h	264.12	+0.083%	$846K	$3.0M	50x	as long as short
BloFin BCH-USDT	+0.0015%	8h	264.27	+0.142%	$3.9M	$4.2M	50x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.389%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0035%	8h	263.82	−0.029%	$2K	$176	10x	as long as short
ApeX Omni BCHUSDT	+0.0060%	1h	264.95	+0.399%	$96K	$228K	50x	as long as short
Pacifica BCH	+0.0077%	1h	264.14	+0.094%	$161K	$321K	10x	as long as short
Lighter BCH	+0.0096%	1h	263.93	+0.011%	$361K	$482K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	264.17	+0.105%	$5.7M	$4.6M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	264.15	+0.096%	$167K	$520K	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	264.82	+0.351%	$19K	$290K	20x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0356% / S −0.0525%	1h	264.18	+0.108%	$25K	—	100x	as long as short