Funding you earn now, next payment 00:00 UTC−0.0186%/8h= −20.3% APRnext payment −$1.86 per $10,000 · paid last 24h −0.024%
Price spread now: Variational Omni against BingX−0.232%7-day average −0.024% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.061%−$6 on $10k
+Price spread, last 3 days (all we have)+0.314%+$31 · spread now −0.232%, 7d avg −0.024%
=Together, before fees+0.254%+ Points / potential airdropVariational Omni: Active · farm board+$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Variational Omni is 0.208% cheaper against BingX than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.024%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.061% in total (about -6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.86 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 | BingX BCH-USDT | 270.44 | 0.0060 | pay 0.0060% / 8h | 1h 00m | — | $30.6M | — |
| Short | Variational Omni BCH | 269.81 | −0.0126 | pay 0.0126% / 8h | 1h 00m | $83K | $294K | — |
BingX BCH-USDT
Variational Omni BCHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$39
- Price spread: −0.232% → −0.024%
- −$20.81
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$69.81
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 3 min ago; Variational Omni: RFQ quote, 18 min ago. Net counts fees only.
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, 3 min ago | 0.37 bp | 5.4 bp −$5 | 6.7 bp −$67 | 9.1 bp −$914 | 16.0 bp −$8,004 |
| Sell Variational Omni RFQ quote, 18 min ago | 5.95 bp | doesn't fit | 25.6 bp −$256 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex BCHUSDT | −0.0187% | 8h | 270.38 | −0.022% | $4.9M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0168% | 1h | 270.30 | −0.052% | $2K | $6K | 10x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 270.20 | −0.089% | $721 | $130K | 12x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0131% | 1h | 270.46 | +0.009% | $458K | $265K | 25x | as long as short |
| Variational Omni BCHshort | −0.0126% | 8h | 269.81 | −0.232% | $83K | $294K | — | |
| Bybit BCHUSDT | −0.0071% | 8h | 270.40 | −0.015% | $39.6M | $33.1M | 75x | as long as short |
| Extended BCH-USD | −0.0040% | 1h | 270.34 | −0.035% | $116K | $653K | 25x | as long as short |
| Binance BCHUSDT | −0.0036% | 8h | 270.60 | +0.061% | $75.3M | $234.7M | 75x | as long as short |
| MEXC BCH_USDT | −0.0036% | 8h | 271.16 | +0.266% | $71.0M | $6.7M | 200x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 270.82 | +0.142% | $5K | $248 | 10x | as long as short |
Phemex BCHUSDT
SoDEX BCH-USD
Injective BCH/USDC PERP
Deribit BCH_USDC-PERPETUAL
Bybit BCHUSDT
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
dYdX BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXBCHPERP | 0.0000% | 8h | 270.87 | +0.159% | $1.3M | $11.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 270.45 | +0.005% | $4K | — | 150x | as long as short |
| Gate BCH_USDT | +0.0010% | 8h | 270.49 | +0.018% | $8.4M | $14.9M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 270.48 | +0.015% | $241K | $2.1M | 50x | as long as short |
| GRVT BCH_USDT_Perp | +0.0017% | 8h | 269.98 | −0.171% | $393K | $17K | 10x | as long as short |
| Orderly PERP_BCH_USDC | +0.0024% | 8h | 270.33 | −0.041% | $2K | $176 | 10x | as long as short |
| Bitget BCHUSDT | +0.0030% | 8h | 270.63 | +0.070% | $19.7M | $29.6M | 75x | as long as short |
| OKX BCH-USDT-SWAP | +0.0056% | 8h | 270.40 | −0.015% | $26.6M | $78.9M | 50x | as long as short |
| BingX BCH-USDTlong | +0.0060% | 8h | 270.44 | long leg | — | $30.6M | — | |
| BloFin BCH-USDT | +0.0083% | 8h | 270.38 | −0.022% | $4.0M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 270.56 | +0.045% | $378K | $588K | 10x | as long as short |
| Nado BCH-PERP | +0.0097% | 1h | 270.18 | −0.096% | $443K | $429K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 270.79 | +0.129% | $6.1M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 270.62 | +0.067% | $218K | $704K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 270.56 | +0.045% | $164K | $467K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 270.58 | +0.052% | $9.3M | $8.0M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 270.31 | −0.047% | $19K | $291K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 270.41 | −0.011% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 270.07 | −0.137% | $1K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 270.09 | −0.129% | $777K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0112% | 1h | 270.62 | +0.067% | $819K | $3.2M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0335% / S −0.0340% | 1h | 270.47 | +0.011% | $27K | — | 100x | as long as short |
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Gate BCH_USDT
Coinbase International BCH-PERP-INTX
GRVT BCH_USDT_Perp
Orderly PERP_BCH_USDC
Bitget BCHUSDT
OKX BCH-USDT-SWAP
BloFin BCH-USDT
Lighter BCH
Nado BCH-PERP
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]