Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.30 per $10,000 · paid last 24h −0.007%
Price spread now: MEXC against Bitget+0.162%7-day average +0.208% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$340.339% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 7 days+0.004%$0 · spread now +0.162%, 7d avg +0.208%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.045% cheaper against Bitget than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.208%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BCHUSDT | 264.86 | −0.0073 | get 0.0073% / 8h | 4h 53m | $19.0M | $28.1M | 75x |
| Short | MEXC BCH_USDT | 265.29 | −0.0103 | pay 0.0103% / 8h | 4h 53m | $69.9M | $7.2M | 200x |
Bitget BCHUSDT
MEXC BCH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$6.3
- Price spread: +0.162% → +0.208%
- −$4.53
- Slippage, 4 orders
- −$17.91
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$44.74
- Costs to cover
- 0.339%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; MEXC: live order book, 5 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, 5 min ago | 0.19 bp | 11.4 bp −$11 | 18.8 bp −$188 | 43.9 bp −$4,388 | doesn't fit |
| Sell MEXC live order book, 5 min ago | 2.63 bp | 6.6 bp −$7 | 20.0 bp −$200 | 48.4 bp −$4,841 | 87.5 bp −$43.7K |
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 | −0.0866% | 8h | 264.65 | −0.079% | $2K | $1.7M | 30x | as long as short |
| ApeX Omni BCHUSDT | −0.0625% | 1h | 264.10 | −0.287% | $96K | $228K | 50x | as long as short |
| HTX BCH-USDT | −0.0349% | 8h | 264.96 | +0.038% | $773K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0343% | 8h | 264.86 | 0.000% | $4.9M | $6.4M | 50x | as long as short |
| SoDEX BCH-USD | −0.0325% | 1h | 264.86 | 0.000% | $2K | $8K | 10x | as long as short |
| Nado BCH-PERP | −0.0197% | 1h | 264.95 | +0.034% | $421K | $339K | 10x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0127% | 1h | 264.98 | +0.043% | $443K | $331K | 25x | as long as short |
| GRVT BCH_USDT_Perp | −0.0122% | 8h | 264.00 | −0.325% | $385K | $17K | 10x | as long as short |
| Extended BCH-USD | −0.0104% | 1h | 264.58 | −0.106% | $112K | $952K | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0104% | 1h | 265.07 | +0.079% | $221K | $1.8M | 50x | as long as short |
SunX BCH-USDT
ApeX Omni BCHUSDT
HTX BCH-USDT
Phemex BCHUSDT
SoDEX BCH-USD
Nado BCH-PERP
Deribit BCH_USDC-PERPETUAL
GRVT BCH_USDT_Perp
Extended BCH-USD
Coinbase International BCH-PERP-INTXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0104% | 8h | 264.81 | −0.020% | $72.1M | $213.3M | 75x | as long as short |
| MEXC BCH_USDTshort | −0.0103% | 8h | 265.29 | +0.162% | $69.9M | $7.2M | 200x | |
| Gate BCH_USDT | −0.0092% | 8h | 264.85 | −0.004% | $8.3M | $13.3M | 75x | as long as short |
| Variational Omni BCH | −0.0092% | 8h | 265.11 | +0.093% | $81K | $201K | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0084% | 8h | 264.70 | −0.060% | $25.0M | $74.1M | 50x | as long as short |
| KuCoin BCHUSDTM | −0.0078% | 8h | 264.89 | +0.011% | $8.5M | $7.1M | 75x | as long as short |
| Bitget BCHUSDTlong | −0.0073% | 8h | 264.86 | long leg | $19.0M | $28.1M | 75x | |
| BingX BCH-USDT | −0.0039% | 8h | 264.92 | +0.023% | — | $32.1M | — | as long as short |
| Bybit BCHUSDT | −0.0028% | 8h | 264.72 | −0.053% | $39.1M | $30.9M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 265.04 | +0.066% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.05 | +0.074% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.27 | +0.155% | $1.1M | $10.2M | 2.7x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0011% | 1h | 265.10 | +0.089% | $849K | $3.0M | 50x | as long as short |
| BloFin BCH-USDT | +0.0016% | 8h | 265.03 | +0.064% | $4.0M | $4.2M | 50x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.016% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0034% | 8h | 264.79 | −0.026% | $2K | $176 | 10x | as long as short |
| Pacifica BCH | +0.0077% | 1h | 264.86 | −0.001% | $161K | $321K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 264.86 | +0.002% | $362K | $482K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.08 | +0.082% | $5.7M | $4.6M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 265.13 | +0.100% | $168K | $519K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 264.02 | −0.317% | $19K | $289K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0356% / S −0.0525% | 1h | 264.98 | +0.046% | $25K | — | 100x | as long as short |
Binance BCHUSDT
Gate BCH_USDT
Variational Omni BCH
OKX BCH-USDT-SWAP
KuCoin BCHUSDTM
BingX BCH-USDT
Bybit BCHUSDT
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Kraken Futures PF_BCHUSD
BloFin BCH-USDT
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
Pacifica BCH
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]