Funding you earn now, next payment 08:00 UTC−0.0126%/8h= −13.8% APRnext payment −$1.26 per $10,000 · paid last 24h −0.043%
Price spread now: Bybit against BloFin−0.034%102s7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as 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−$420.420% of the position
Funding, last 7 days−0.208%−$21 on $10k
+Price spread, last 3 days (all we have)+0.049%+$5 · spread now −0.034%, 7d avg −0.016%
=The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 102 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 | 267.96 | 0.0072 | pay 0.0072% / 8h | 7h 41m | $3.9M | $4.2M | 50x |
| Short | Bybit BCHUSDT | 267.87 | −0.0054 | pay 0.0054% / 8h | 7h 41m | $39.6M | $32.6M | 75x |
BloFin BCH-USDT
Bybit BCHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$26.44
- Price spread: −0.034% → −0.016%
- −$1.74
- Slippage, 4 orders
- −$19.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$70.2
- Costs to cover
- 0.420%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; Bybit: live order book, 2 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, 2 min ago | 3.55 bp | 11.0 bp −$11 | 18.9 bp −$189 | 41.9 bp −$4,195 | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.87 bp | 10.7 bp −$11 | 18.0 bp −$180 | 80.5 bp −$8,046 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX BCH-USD | −0.0551% | 1h | 268.05 | +0.034% | $2K | $6K | 10x | as long as short |
| Phemex BCHUSDT | −0.0496% | 8h | 268.01 | +0.019% | $4.9M | $6.5M | 50x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0492% | 1h | 268.15 | +0.070% | $453K | $266K | 25x | as long as short |
| HTX BCH-USDT | −0.0397% | 8h | 267.89 | −0.026% | $775K | $1.6M | 75x | as long as short |
| Gate BCH_USDT | −0.0210% | 8h | 267.87 | −0.034% | $8.4M | $14.2M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0196% | 8h | 267.99 | +0.012% | $390K | $17K | 10x | as long as short |
| Variational Omni BCH | −0.0133% | 8h | 267.11 | −0.318% | $82K | $289K | — | as long as short |
| ApeX Omni BCHUSDT | −0.0074% | 1h | 267.55 | −0.153% | $72K | $215K | 50x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 268.36 | +0.149% | $225K | $2.0M | 50x | as long as short |
| Bybit BCHUSDTshort | −0.0054% | 8h | 267.87 | −0.034% | $39.6M | $32.6M | 75x |
SoDEX BCH-USD
Phemex BCHUSDT
Deribit BCH_USDC-PERPETUAL
HTX BCH-USDT
Gate BCH_USDT
GRVT BCH_USDT_Perp
Variational Omni BCH
ApeX Omni BCHUSDT
Coinbase International BCH-PERP-INTXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0051% | 8h | 267.88 | −0.030% | $72.6M | $230.8M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 268.23 | +0.100% | $856K | $3.1M | 50x | as long as short |
| MEXC BCH_USDT | −0.0049% | 8h | 268.24 | +0.104% | $70.3M | $6.6M | 200x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 267.59 | −0.136% | $115K | $795K | 25x | as long as short |
| Nado BCH-PERP | −0.0017% | 1h | 267.72 | −0.089% | $439K | $421K | 10x | as long as short |
| Bitget BCHUSDT | −0.0005% | 8h | 267.70 | −0.097% | $19.2M | $29.5M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 267.93 | −0.009% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.40 | +0.164% | $1.1M | $10.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 268.25 | +0.109% | $4K | — | 150x | as long as short |
| OKX BCH-USDT-SWAP | +0.0023% | 8h | 267.80 | −0.060% | $25.9M | $76.6M | 50x | as long as short |
| BingX BCH-USDC | +0.0028% | 8h | 267.69 | −0.101% | — | $6.5M | — | as long as short |
| Orderly PERP_BCH_USDC | +0.0030% | 8h | 268.10 | +0.052% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.836% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDTlong | +0.0072% | 8h | 267.96 | long leg | $3.9M | $4.2M | 50x | |
| Lighter BCH | +0.0096% | 1h | 267.77 | −0.071% | $369K | $529K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 268.25 | +0.108% | $6.0M | $4.4M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 268.20 | +0.088% | $175K | $666K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 267.83 | −0.047% | $163K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 267.91 | −0.019% | $9.0M | $7.6M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 267.89 | −0.027% | $19K | $290K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 267.90 | −0.022% | $2K | $1.9M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0333% / S −0.0224% | 1h | 268.31 | +0.132% | $31K | — | 100x | as long as short |
Binance BCHUSDT
Kraken Futures PF_BCHUSD
MEXC BCH_USDT
Extended BCH-USD
Nado BCH-PERP
Bitget BCHUSDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
OKX BCH-USDT-SWAP
BingX BCH-USDC
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]