Funding you earn now, next payment 00:00 UTC+0.0070%/8h= +7.6% APRnext payment +$0.70 per $10,000 · paid last 24h −0.003%
Price spread now: OKX against Bitget−0.041%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$400.404% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days+0.056%+$6 · spread now −0.041%, 7d avg −0.007%
=Funding pays, the price is against you. OKX is 0.033% cheaper against Bitget than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of −0.007%). If the spread goes back, that is −$3 on $10k: about 38 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BCHUSDT | 270.51 | −0.0025 | get 0.0025% / 8h | 1h 55m | $20.1M | $29.0M | 75x |
| Short | OKX BCH-USDT-SWAP | 270.40 | 0.0045 | get 0.0045% / 8h | 1h 55m | $26.3M | $77.3M | 50x |
Bitget BCHUSDT
OKX BCH-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $14.64
- Price spread: −0.041% → −0.007%
- −$3.32
- Slippage, 4 orders
- −$18.42
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$29.11
- Costs to cover
- 0.404%
- Break-even
- 20.9 days
Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago | 0.93 bp | 8.8 bp −$9 | 16.5 bp −$165 | 34.5 bp −$3,449 | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.86 bp | 9.0 bp −$9 | 19.6 bp −$196 | 64.9 bp −$6,494 | 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 | −0.0224% | 8h | 270.86 | +0.129% | $4.9M | $6.3M | 50x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 268.50 | −0.743% | $716 | $110K | 12x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0112% | 1h | 270.99 | +0.177% | $459K | $263K | 25x | as long as short |
| Nado BCH-PERP | −0.0085% | 1h | 270.97 | +0.171% | $444K | $427K | 10x | as long as short |
| MEXC BCH_USDT | −0.0082% | 8h | 271.27 | +0.281% | $71.8M | $6.3M | 200x | as long as short |
| Binance BCHUSDT | −0.0080% | 8h | 270.80 | +0.106% | $74.6M | $231.7M | 75x | as long as short |
| Extended BCH-USD | −0.0080% | 1h | 270.41 | −0.038% | $117K | $653K | 25x | as long as short |
| Variational Omni BCH | −0.0071% | 8h | 269.23 | −0.474% | $86K | $291K | — | as long as short |
| Bitget BCHUSDTlong | −0.0025% | 8h | 270.51 | long leg | $20.1M | $29.0M | 75x | |
| Gate BCH_USDT | −0.0023% | 8h | 270.82 | +0.115% | $8.4M | $14.6M | 75x | as long as short |
Phemex BCHUSDT
Injective BCH/USDC PERP
Deribit BCH_USDC-PERPETUAL
Nado BCH-PERP
MEXC BCH_USDT
Binance BCHUSDT
Extended BCH-USD
Variational Omni BCH
Gate BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BCH_USDT_Perp | −0.0006% | 8h | 268.37 | −0.790% | $391K | $17K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 271.03 | +0.193% | $5K | $248 | 10x | as long as short |
| Bybit BCHUSDT | 0.0000% | 8h | 270.60 | +0.033% | $39.8M | $32.5M | 75x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 270.36 | −0.055% | $1.2M | $11.4M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 271.16 | +0.240% | $5K | — | 150x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 271.06 | +0.203% | $235K | $2.1M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0026% | 8h | 271.01 | +0.185% | $2K | $176 | 10x | as long as short |
| BingX BCH-USDC | +0.0038% | 8h | 270.67 | +0.059% | — | $6.5M | — | as long as short |
| BloFin BCH-USDT | +0.0040% | 8h | 270.82 | +0.115% | $4.0M | $4.2M | 50x | as long as short |
| OKX BCH-USDT-SWAPshort | +0.0045% | 8h | 270.40 | −0.041% | $26.3M | $77.3M | 50x | |
| Lighter BCH | +0.0096% | 1h | 270.93 | +0.156% | $380K | $583K | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 270.87 | +0.134% | $238K | $700K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 271.05 | +0.201% | $171K | $455K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 270.88 | +0.137% | $8.9M | $7.9M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 268.15 | −0.874% | $19K | $288K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 268.56 | −0.721% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 270.78 | +0.100% | $2K | $2.0M | 30x | as long as short |
| SoDEX BCH-USD | +0.0100% | 1h | 270.92 | +0.152% | $2K | $6K | 10x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 271.00 | +0.181% | $790K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0112% | 1h | 271.16 | +0.239% | $810K | $3.2M | 50x | as long as short |
| Hyperliquid BCH | +0.0152% | 1h | 271.07 | +0.206% | $6.1M | $4.2M | 10x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0342% / S −0.0467% | 1h | 271.19 | +0.252% | $26K | — | 100x | as long as short |
GRVT BCH_USDT_Perp
dYdX BCH-USD
Bybit BCHUSDT
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Coinbase International BCH-PERP-INTX
Orderly PERP_BCH_USDC
BingX BCH-USDC
BloFin BCH-USDT
Lighter BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
SoDEX BCH-USD
HTX BCH-USDT
Kraken Futures PF_BCHUSD
Hyperliquid BCH
GMX BCH/USD [WBTC.b-USDC]