Funding you earn now, next payment 00:00 UTC+0.0112%/8h= +12.3% APRnext payment +$1.12 per $10,000 · paid last 24h −0.009%
Price spread now: SunX against BingX−0.079%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$940.939% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 3 days (all we have)−0.012%−$1 · spread now −0.079%, 7d avg −0.036%
=Funding pays, the price is against you. SunX is 0.042% cheaper against BingX than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of −0.036%). If the spread goes back, that is −$4 on $10k: about 30 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.051% in total) that is about 5.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BCH-USDC | 267.34 | −0.0012 | get 0.0012% / 8h | 2h 38m | — | $6.5M | — |
| Short | SunX BCH-USDT | 267.13 | 0.0100 | get 0.0100% / 8h | 2h 38m | $2K | $2.0M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against BingX. 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
- $23.52
- Price spread: −0.079% → −0.036%
- −$4.25
- Slippage, 4 orders
- −$75.91
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$74.64
- Costs to cover
- 0.939%
- Break-even
- 29.2 days
Slippage from BingX: live order book, 2 min ago; SunX: live order book, 7 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 BingX live order book, 2 min ago | 1.31 bp | 11.8 bp −$12 | 25.6 bp −$256 | 113.1 bp −$11.3K | 404.8 bp −$202.4K |
| Sell SunX live order book, 7 min ago | 19.67 bp | 29.1 bp −$29 | doesn't fit | 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 | −0.0475% | 1h | 267.34 | +0.001% | $437K | $247K | 25x | as long as short |
| Injective BCH/USDC PERP | −0.0304% | 1h | 267.23 | −0.041% | $713 | $80K | 12x | as long as short |
| Phemex BCHUSDT | −0.0203% | 8h | 267.24 | −0.037% | $4.9M | $6.2M | 50x | as long as short |
| SoDEX BCH-USD | −0.0200% | 1h | 267.19 | −0.056% | $2K | $6K | 10x | as long as short |
| Extended BCH-USD | −0.0120% | 1h | 267.24 | −0.039% | $105K | $643K | 25x | as long as short |
| Binance BCHUSDT | −0.0119% | 8h | 267.33 | −0.004% | $73.8M | $229.1M | 75x | as long as short |
| MEXC BCH_USDT | −0.0119% | 8h | 267.95 | +0.228% | $70.9M | $6.3M | 200x | as long as short |
| Variational Omni BCH | −0.0086% | 8h | 267.45 | +0.042% | $85K | $291K | — | as long as short |
| Bybit BCHUSDT | −0.0082% | 8h | 267.20 | −0.052% | $39.4M | $32.0M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0057% | 8h | 267.55 | +0.077% | $390K | $17K | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BCHUSDT | −0.0053% | 8h | 267.21 | −0.049% | $20.0M | $28.7M | 75x | as long as short |
| Gate BCH_USDT | −0.0038% | 8h | 267.30 | −0.015% | $8.4M | $14.4M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0024% | 1h | 267.87 | +0.198% | $255K | $2.0M | 50x | as long as short |
| BingX BCH-USDClong | −0.0012% | 8h | 267.34 | long leg | — | $6.5M | — | |
| OKX BCH-USDT-SWAP | −0.0009% | 8h | 267.30 | −0.015% | $26.1M | $75.6M | 50x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 267.71 | +0.138% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 267.87 | +0.198% | $1.1M | $11.4M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 267.47 | +0.050% | $4K | — | 150x | as long as short |
| BloFin BCH-USDT | +0.0001% | 8h | 267.26 | −0.030% | $4.0M | $4.1M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0029% | 8h | 267.26 | −0.030% | $2K | $176 | 10x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0074% | 1h | 267.47 | +0.048% | $802K | $3.2M | 50x | as long as short |
| Nado BCH-PERP | +0.0080% | 1h | 267.17 | −0.064% | $437K | $424K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0080% | 8h | 267.30 | −0.015% | $8.8M | $8.0M | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 267.29 | −0.020% | $375K | $580K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 267.55 | +0.079% | $6.0M | $4.1M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 267.45 | +0.041% | $234K | $660K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 267.63 | +0.109% | $169K | $460K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 267.47 | +0.048% | $19K | $288K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 267.67 | +0.123% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDTshort | +0.0100% | 8h | 267.13 | −0.079% | $2K | $2.0M | 30x | |
| HTX BCH-USDT | +0.0100% | 8h | 267.28 | −0.022% | $769K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0365% / S −0.0554% | 1h | 267.45 | +0.040% | $25K | — | 100x | as long as short |
BingX BCH-USDC
SunX BCH-USDT
Deribit BCH_USDC-PERPETUAL
Injective BCH/USDC PERP
Phemex BCHUSDT
SoDEX BCH-USD
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
Variational Omni BCH
Bybit BCHUSDT
GRVT BCH_USDT_Perp
Bitget BCHUSDT
Gate BCH_USDT
Coinbase International BCH-PERP-INTX
OKX BCH-USDT-SWAP
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
BloFin BCH-USDT
Kraken Futures PF_BCHUSD
KuCoin BCHUSDTM
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]