Funding you earn now, next payment 22:00 UTC+0.0190%/8h= +20.8% APRpaid last 24h −0.018%
Price spread now: Nado against Binance+0.031%48s7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$310.315% of the position
Funding, last 3 days (all we have)−0.024%−$2 on $10k
+Price spread, last 3 days (all we have)+0.155%+$15 · spread now +0.031%, 7d avg −0.017%
=Together, before fees+0.131%+ Points / potential airdropNado: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Nado is 0.048% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.017%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.024% in total (about -2.8% a year). A funding rate is set anew for every payment. 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 | 267.05 | −0.0121 | get 0.0121% / 8h | 2h 46m | $73.7M | $229.2M | 75x |
| Short | Nado BCH-PERP | 267.13 | 0.0069 | get 0.0009% / 1h | 46m 43s | $440K | $427K | 10x |
Binance BCHUSDT
Nado BCH-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- $39.86
- Price spread: +0.031% → −0.017%
- $4.84
- Slippage, 4 orders
- −$14.49
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $13.2
- Costs to cover
- 0.315%
- Break-even
- 4.7 days
Slippage from Binance: live order book, 12 min ago; Nado: live order book, 41 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 | 6.2 bp −$6 | 14.6 bp −$146 | 49.3 bp −$4,926 | doesn't fit |
| Sell Nado live order book, 41 min ago | 0.56 bp | 7.8 bp −$8 | 20.6 bp −$206 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BCH/USDC PERP | −0.0304% | 1h | 267.23 | +0.067% | $713 | $80K | 12x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0277% | 1h | 267.30 | +0.094% | $437K | $248K | 25x | as long as short |
| Phemex BCHUSDT | −0.0198% | 8h | 267.15 | +0.037% | $4.9M | $6.3M | 50x | as long as short |
| SoDEX BCH-USD | −0.0174% | 1h | 267.11 | +0.022% | $2K | $6K | 10x | as long as short |
| MEXC BCH_USDT | −0.0121% | 8h | 267.85 | +0.299% | $70.9M | $6.3M | 200x | as long as short |
| Binance BCHUSDTlong | −0.0121% | 8h | 267.05 | long leg | $73.7M | $229.2M | 75x | |
| Extended BCH-USD | −0.0120% | 1h | 267.15 | +0.035% | $105K | $643K | 25x | as long as short |
| Bybit BCHUSDT | −0.0100% | 8h | 266.98 | −0.027% | $39.3M | $32.1M | 75x | as long as short |
| Variational Omni BCH | −0.0082% | 8h | 266.75 | −0.112% | $85K | $291K | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0067% | 8h | 266.89 | −0.060% | $389K | $17K | 10x | as long as short |
Injective BCH/USDC PERP
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
SoDEX BCH-USD
MEXC BCH_USDT
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 | 267.17 | +0.045% | $20.0M | $28.7M | 75x | as long as short |
| Gate BCH_USDT | −0.0038% | 8h | 267.23 | +0.067% | $8.4M | $14.3M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0024% | 1h | 266.89 | −0.060% | $254K | $2.0M | 50x | as long as short |
| BingX BCH-USDC | −0.0018% | 8h | 267.21 | +0.060% | — | $6.5M | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0018% | 8h | 267.00 | −0.019% | $26.2M | $75.5M | 50x | as long as short |
| BloFin BCH-USDT | −0.0001% | 8h | 267.16 | +0.041% | $4.0M | $4.1M | 50x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 267.28 | +0.085% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 267.57 | +0.194% | $1.1M | $11.4M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 267.29 | +0.089% | $4K | — | 150x | as long as short |
| Orderly PERP_BCH_USDC | +0.0029% | 8h | 267.17 | +0.045% | $2K | $176 | 10x | as long as short |
| Nado BCH-PERPshort | +0.0069% | 1h | 267.13 | +0.031% | $440K | $427K | 10x | |
| Kraken Futures PF_BCHUSD | +0.0074% | 1h | 267.44 | +0.145% | $805K | $3.2M | 50x | as long as short |
| KuCoin BCHUSDTM | +0.0076% | 8h | 267.27 | +0.082% | $8.8M | $8.1M | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 267.06 | +0.004% | $375K | $580K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 267.49 | +0.164% | $6.0M | $4.1M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 267.30 | +0.092% | $234K | $674K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 267.21 | +0.058% | $169K | $461K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 266.90 | −0.057% | $19K | $289K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 266.97 | −0.030% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 267.00 | −0.019% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 267.10 | +0.018% | $768K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0365% / S −0.0554% | 1h | 267.34 | +0.108% | $25K | — | 100x | as long as short |
Bitget BCHUSDT
Gate BCH_USDT
Coinbase International BCH-PERP-INTX
BingX BCH-USDC
OKX BCH-USDT-SWAP
BloFin BCH-USDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Orderly PERP_BCH_USDC
Kraken Futures PF_BCHUSD
KuCoin BCHUSDTM
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]