Funding you earn now, next payment 00:00 UTC−0.0091%/8h= −9.9% APRnext payment −$0.91 per $10,000 · paid last 24h −0.039%
Price spread now: Gate against BloFin−0.033%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$530.531% of the position
Funding, last 7 days−0.202%−$20 on $10k
+Price spread, last 3 days (all we have)+0.050%+$5 · spread now −0.033%, 7d avg +0.011%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.045% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.011%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BCH-USDT | 268.87 | 0.0100 | pay 0.0100% / 8h | 32m 45s | $4.0M | $4.2M | 50x |
| Short | Gate BCH_USDT | 268.78 | 0.0009 | get 0.0009% / 8h | 32m 45s | $8.4M | $14.5M | 75x |
BloFin BCH-USDT
Gate BCH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$19.02
- Price spread: −0.033% → +0.011%
- −$4.46
- Slippage, 4 orders
- −$26.11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$76.58
- Costs to cover
- 0.531%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; Gate: 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 BloFin live order book, 6 min ago | 0.37 bp | 11.2 bp −$11 | 23.6 bp −$236 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.23 bp | 12.9 bp −$13 | 15.7 bp −$157 | 39.3 bp −$3,931 | 51.9 bp −$25.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0456% | 1h | 268.92 | +0.020% | $454K | $266K | 25x | as long as short |
| SoDEX BCH-USD | −0.0154% | 1h | 268.75 | −0.045% | $2K | $6K | 10x | as long as short |
| Phemex BCHUSDT | −0.0151% | 8h | 268.89 | +0.007% | $4.9M | $6.5M | 50x | as long as short |
| Variational Omni BCH | −0.0142% | 8h | 268.82 | −0.019% | $82K | $294K | — | as long as short |
| Kraken Futures PF_BCHUSD | −0.0125% | 1h | 269.12 | +0.091% | $829K | $3.1M | 50x | as long as short |
| Bybit BCHUSDT | −0.0088% | 8h | 268.80 | −0.026% | $39.4M | $32.6M | 75x | as long as short |
| Injective BCH/USDC PERP | −0.0054% | 1h | 270.20 | +0.495% | $721 | $130K | 12x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0032% | 1h | 268.89 | +0.007% | $236K | $2.1M | 50x | as long as short |
| Extended BCH-USD | −0.0024% | 1h | 268.63 | −0.091% | $116K | $652K | 25x | as long as short |
| Binance BCHUSDT | −0.0020% | 8h | 268.96 | +0.033% | $74.4M | $229.7M | 75x | as long as short |
Deribit BCH_USDC-PERPETUAL
SoDEX BCH-USD
Phemex BCHUSDT
Variational Omni BCH
Kraken Futures PF_BCHUSD
Bybit BCHUSDT
Injective BCH/USDC PERP
Coinbase International BCH-PERP-INTX
Extended BCH-USD
Binance BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0020% | 8h | 269.39 | +0.193% | $70.5M | $6.7M | 200x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 269.01 | +0.051% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 269.14 | +0.100% | $1.3M | $11.5M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 268.96 | +0.032% | $4K | — | 150x | as long as short |
| Gate BCH_USDTshort | +0.0009% | 8h | 268.78 | −0.033% | $8.4M | $14.5M | 75x | |
| Orderly PERP_BCH_USDC | +0.0028% | 8h | 268.79 | −0.030% | $2K | $176 | 10x | as long as short |
| GRVT BCH_USDT_Perp | +0.0028% | 8h | 269.11 | +0.091% | $392K | $17K | 10x | as long as short |
| Bitget BCHUSDT | +0.0032% | 8h | 268.69 | −0.067% | $19.1M | $29.2M | 75x | as long as short |
| OKX BCH-USDT-SWAP | +0.0039% | 8h | 268.90 | +0.011% | $26.3M | $77.7M | 50x | as long as short |
| BingX BCH-USDT | +0.0043% | 8h | 268.75 | −0.045% | — | $31.0M | — | as long as short |
| Lighter BCH | +0.0096% | 1h | 268.98 | +0.040% | $371K | $555K | 10x | as long as short |
| BloFin BCH-USDTlong | +0.0100% | 8h | 268.87 | long leg | $4.0M | $4.2M | 50x | |
| Nado BCH-PERP | +0.0100% | 1h | 268.75 | −0.045% | $444K | $427K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.11 | +0.089% | $6.0M | $4.3M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 268.84 | −0.011% | $216K | $709K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 268.96 | +0.035% | $163K | $467K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 268.79 | −0.030% | $9.2M | $7.8M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 268.98 | +0.039% | $19K | $290K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 269.10 | +0.086% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 268.56 | −0.115% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 268.68 | −0.071% | $777K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0334% / S −0.0340% | 1h | 268.98 | +0.041% | $27K | — | 100x | as long as short |
MEXC BCH_USDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Orderly PERP_BCH_USDC
GRVT BCH_USDT_Perp
Bitget BCHUSDT
OKX BCH-USDT-SWAP
BingX BCH-USDT
Lighter BCH
Nado BCH-PERP
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]