Funding you earn now, next payment 00:00 UTC+0.0151%/8h= +16.5% APRnext payment +$1.51 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Bitget−0.231%46s7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$680.683% of the position
Funding, last 7 days+0.118%+$12 on $10k
+Price spread, last 3 days (all we have)+0.133%+$13 · spread now −0.231%, 7d avg −0.003%
=Funding pays, the price is against you. HTX is 0.228% cheaper against Bitget than usual: you would sell low and buy high (spread −0.231% now, against its 7-day average of −0.003%). If the spread goes back, that is −$23 on $10k: about 5.0 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.118% in total) that is about 14 days. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BCHUSDT | 268.06 | −0.0051 | get 0.0051% / 8h | 2h 37m | $20.0M | $28.8M | 75x |
| Short | HTX BCH-USDT | 267.44 | 0.0100 | get 0.0100% / 8h | 2h 37m | $769K | $1.6M | 75x |
Bitget BCHUSDT
HTX BCH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bitget. 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
- $31.71
- Price spread: −0.231% → −0.003%
- −$22.8
- Slippage, 4 orders
- −$44.31
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$59.41
- Costs to cover
- 0.683%
- Break-even
- 20.1 days
Slippage from Bitget: live order book, 1 min ago; HTX: live order book, 1 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 Bitget live order book, 1 min ago | 0.94 bp | 10.6 bp −$11 | 17.9 bp −$179 | 44.5 bp −$4,445 | doesn't fit |
| Sell HTX live order book, 1 min ago | 8.42 bp | 15.8 bp −$16 | 218.4 bp −$2,184 | 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 | −0.310% | $713 | $80K | 12x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0280% | 1h | 267.71 | −0.130% | $438K | $247K | 25x | as long as short |
| Phemex BCHUSDT | −0.0199% | 8h | 267.58 | −0.179% | $4.9M | $6.2M | 50x | as long as short |
| SoDEX BCH-USD | −0.0181% | 1h | 267.61 | −0.168% | $2K | $6K | 10x | as long as short |
| Extended BCH-USD | −0.0120% | 1h | 267.96 | −0.036% | $105K | $643K | 25x | as long as short |
| Binance BCHUSDT | −0.0119% | 8h | 268.10 | +0.017% | $74.0M | $229.0M | 75x | as long as short |
| MEXC BCH_USDT | −0.0118% | 8h | 268.48 | +0.157% | $71.1M | $6.3M | 200x | as long as short |
| Variational Omni BCH | −0.0086% | 8h | 267.45 | −0.227% | $85K | $291K | — | as long as short |
| Bybit BCHUSDT | −0.0074% | 8h | 268.02 | −0.015% | $39.5M | $32.0M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0057% | 8h | 267.55 | −0.191% | $390K | $17K | 10x | as long as short |
Injective BCH/USDC PERP
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
SoDEX BCH-USD
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
Variational Omni BCH
Bybit BCHUSDT
GRVT BCH_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BCHUSDTlong | −0.0051% | 8h | 268.06 | long leg | $20.0M | $28.8M | 75x | |
| Gate BCH_USDT | −0.0036% | 8h | 267.99 | −0.026% | $8.4M | $14.4M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0024% | 1h | 267.55 | −0.190% | $254K | $2.0M | 50x | as long as short |
| BingX BCH-USDC | −0.0012% | 8h | 268.02 | −0.015% | — | $6.5M | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0007% | 8h | 268.00 | −0.022% | $26.2M | $75.8M | 50x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 268.09 | +0.012% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 267.66 | −0.149% | $1.1M | $11.4M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 267.58 | −0.179% | $4K | — | 150x | as long as short |
| BloFin BCH-USDT | +0.0001% | 8h | 267.26 | −0.298% | $4.0M | $4.1M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0029% | 8h | 267.59 | −0.175% | $2K | $176 | 10x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0074% | 1h | 267.90 | −0.059% | $803K | $3.2M | 50x | as long as short |
| KuCoin BCHUSDTM | +0.0084% | 8h | 267.89 | −0.063% | $8.9M | $8.0M | 75x | as long as short |
| Nado BCH-PERP | +0.0086% | 1h | 268.03 | −0.012% | $439K | $427K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 267.98 | −0.030% | $376K | $580K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 268.29 | +0.086% | $6.0M | $4.1M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 267.88 | −0.067% | $234K | $660K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 267.96 | −0.036% | $169K | $460K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 267.36 | −0.260% | $19K | $288K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 267.67 | −0.145% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 267.35 | −0.265% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDTshort | +0.0100% | 8h | 267.44 | −0.231% | $769K | $1.6M | 75x | |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0365% / S −0.0554% | 1h | 267.65 | −0.153% | $25K | — | 100x | as long as short |
Gate BCH_USDT
Coinbase International BCH-PERP-INTX
BingX BCH-USDC
OKX BCH-USDT-SWAP
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
BloFin BCH-USDT
Orderly PERP_BCH_USDC
Kraken Futures PF_BCHUSD
KuCoin BCHUSDTM
Nado BCH-PERP
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]