Funding you earn now, next payment 16:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.32 per $10,000 · paid last 24h −0.027%
Price spread now: BingX against BloFin+0.075%96s7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as 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−$460.456% of the position
Funding, last 7 days−0.145%−$15 on $10k
+Price spread, last 4 days (all we have)+0.087%+$9 · spread now +0.075%, 7d avg +0.012%
=The price spread pays, funding is against you. BingX is 0.063% dearer against BloFin than usual: you sell high and buy low (spread +0.075% now, against its 7-day average of +0.012%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.5 days. At the pace of the last 7 days (−0.145% in total) that is about 3.0 days. The two prices were read 96 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 | BloFin BCH-USDT | 267.47 | 0.0067 | pay 0.0067% / 8h | 7h 39m | $3.5M | $5.0M | 50x |
| Short | BingX BCH-USDC | 267.67 | 0.0035 | get 0.0035% / 8h | 7h 39m | — | $6.5M | — |
BloFin BCH-USDT
BingX BCH-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$6.81
- Price spread: +0.075% → +0.012%
- $6.32
- Slippage, 4 orders
- −$23.57
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$46.06
- Costs to cover
- 0.456%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; BingX: live order book, 11 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 BloFin live order book, 4 min ago | 1.31 bp | 9.6 bp −$10 | 19.8 bp −$198 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 1.49 bp | 12.8 bp −$13 | 32.0 bp −$320 | 109.4 bp −$10.9K | 481.4 bp −$240.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX BCH-USD | −0.0364% | 1h | 267.55 | +0.030% | $2K | $8K | 10x | as long as short |
| GRVT BCH_USDT_Perp | −0.0213% | 8h | 267.55 | +0.030% | $390K | $17K | 10x | as long as short |
| Phemex BCHUSDT | −0.0190% | 8h | 267.46 | −0.004% | $5.0M | $6.5M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0158% | 1h | 267.78 | +0.117% | $869K | $2.7M | 50x | as long as short |
| Variational Omni BCH | −0.0131% | 8h | 267.41 | −0.024% | $148K | $262K | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0088% | 8h | 267.60 | +0.049% | $25.3M | $78.6M | 50x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0079% | 1h | 267.58 | +0.041% | $420K | $359K | 25x | as long as short |
| KuCoin BCHUSDTM | −0.0074% | 8h | 267.63 | +0.060% | $8.6M | $6.2M | 75x | as long as short |
| Gate BCH_USDT | −0.0072% | 8h | 267.71 | +0.090% | $8.4M | $12.9M | 75x | as long as short |
| Bitget BCHUSDT | −0.0070% | 8h | 267.54 | +0.026% | $19.3M | $27.2M | 75x | as long as short |
SoDEX BCH-USD
GRVT BCH_USDT_Perp
Phemex BCHUSDT
Kraken Futures PF_BCHUSD
Variational Omni BCH
OKX BCH-USDT-SWAP
Deribit BCH_USDC-PERPETUAL
KuCoin BCHUSDTM
Gate BCH_USDT
Bitget BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0056% | 1h | 267.49 | +0.006% | $119K | $912K | 25x | as long as short |
| Binance BCHUSDT | −0.0052% | 8h | 267.67 | +0.075% | $74.0M | $215.9M | 75x | as long as short |
| MEXC BCH_USDT | −0.0052% | 8h | 268.08 | +0.228% | $71.9M | $9.2M | 200x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 267.53 | +0.021% | $15K | — | 150x | as long as short |
| Pacifica BCH | −0.0002% | 1h | 267.66 | +0.069% | $155K | $296K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 267.71 | +0.089% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 267.76 | +0.108% | $1.0M | $9.1M | 2.7x | as long as short |
| Aster BCHUSDT | +0.0011% | 8h | 267.53 | +0.024% | $144K | $574K | 75x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.021% | $721 | $130K | 12x | as long as short |
| BingX BCH-USDCshort | +0.0035% | 8h | 267.67 | +0.075% | — | $6.5M | — | |
| Orderly PERP_BCH_USDC | +0.0045% | 8h | 267.46 | −0.004% | $2K | — | 10x | as long as short |
| BloFin BCH-USDTlong | +0.0067% | 8h | 267.47 | long leg | $3.5M | $5.0M | 50x | |
| Coinbase International BCH-PERP-INTX | +0.0088% | 1h | 268.36 | +0.333% | $304K | $2.1M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 267.71 | +0.090% | $374K | $492K | 10x | as long as short |
| Nado BCH-PERP | +0.0100% | 1h | 267.35 | −0.045% | $429K | $352K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 267.84 | +0.138% | $5.8M | $4.7M | 10x | as long as short |
| Bybit BCHUSDT | +0.0100% | 8h | 267.61 | +0.052% | $39.6M | $32.2M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 268.07 | +0.225% | $19K | $346K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 268.26 | +0.295% | $97K | $241K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 267.44 | −0.011% | $2K | $1.6M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 267.61 | +0.052% | $779K | $1.4M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0203% / S −0.0147% | 1h | 267.82 | +0.132% | $13K | — | 100x | as long as short |
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
gTrade (Gains Network) BCH/USD
Pacifica BCH
dYdX BCH-USD
Kalshi KXBCHPERP
Aster BCHUSDT
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
Coinbase International BCH-PERP-INTX
Lighter BCH
Nado BCH-PERP
Hyperliquid BCH
Bybit BCHUSDT
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]