BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0163%/8h= −17.9% APRnext payment −$1.63 per $10,000 · paid last 24h −0.024%

Price spread now: KuCoin against BloFin+0.163%80s7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$73as 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−$610.608% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.119%−$12 on $10k

Price spread, last 4 days (all we have)−0.104%−$10 · spread now +0.163%, 7d avg +0.028%

Together, before fees−0.223%−$22 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.135% dearer against BloFin than usual: you sell high and buy low (spread +0.163% now, against its 7-day average of +0.028%): +$13 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.7 days. At the pace of the last 7 days (−0.119% in total) that is about 8.0 days. The two prices were read 80 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	264.23	0.0066	pay 0.0066% / 8h	2h 35m	$3.9M	$4.4M	50x
Short	KuCoin BCHUSDTM	264.66	−0.0097	pay 0.0097% / 8h	2h 35m	$8.5M	$6.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee KuCoinbpOrdersPrice spread, now +0.163%Rate

Funding earned: −$34.33
Price spread: +0.163% → +0.028%: $13.48
Slippage, 4 orders: −$36.84
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$81.68
Costs to cover: 0.608%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; KuCoin: live order book, 7 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, 3 min ago	3.79 bp	11.7 bp −$12	13.8 bp −$138	41.2 bp −$4,120	doesn't fit
Sell KuCoin live order book, 7 min ago	1.33 bp	21.5 bp −$21	68.9 bp −$689	doesn't fit	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
HTX BCH-USDT	−0.0234%	8h	263.99	−0.091%	$769K	$1.4M	75x	as long as short
Phemex BCHUSDT	−0.0205%	8h	264.13	−0.038%	$5.0M	$6.5M	50x	as long as short
SoDEX BCH-USD	−0.0200%	1h	263.99	−0.091%	$2K	$8K	10x	as long as short
Nado BCH-PERP	−0.0129%	1h	264.15	−0.030%	$431K	$350K	10x	as long as short
Bitget BCHUSDT	−0.0110%	8h	264.75	+0.197%	$18.9M	$28.4M	75x	as long as short
SunX BCH-USDT	−0.0102%	8h	264.12	−0.042%	$2K	$1.7M	30x	as long as short
KuCoin BCHUSDTMshort	−0.0097%	8h	264.66	+0.163%	$8.5M	$6.8M	75x
OKX BCH-USDT-SWAP	−0.0080%	8h	264.70	+0.178%	$25.1M	$77.0M	50x	as long as short
Variational Omni BCH	−0.0071%	8h	263.91	−0.121%	$81K	$196K	—	as long as short
MEXC BCH_USDT	−0.0053%	8h	265.08	+0.322%	$70.1M	$8.0M	200x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BCHUSDT	−0.0052%	8h	264.76	+0.201%	$72.1M	$219.2M	75x	as long as short
Extended BCH-USD	−0.0048%	1h	264.38	+0.057%	$111K	$1.1M	25x	as long as short
Coinbase International BCH-PERP-INTX	−0.0040%	1h	264.47	+0.091%	$220K	$1.8M	50x	as long as short
GRVT BCH_USDT_Perp	−0.0027%	8h	263.28	−0.361%	$384K	$17K	10x	as long as short
Bybit BCHUSDT	−0.0022%	8h	264.70	+0.178%	$39.0M	$31.5M	75x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0019%	1h	264.17	−0.022%	$440K	$333K	25x	as long as short
BingX BCH-USDC	−0.0014%	8h	264.74	+0.193%	—	$6.5M	—	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	264.21	−0.007%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	264.33	+0.038%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	264.48	+0.095%	$989K	$10.4M	2.7x	as long as short
Gate BCH_USDT	+0.0010%	8h	264.73	+0.189%	$8.3M	$13.7M	75x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.259%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0046%	8h	264.09	−0.053%	$2K	$176	10x	as long as short
BloFin BCH-USDTlong	+0.0066%	8h	264.23	long leg	$3.9M	$4.4M	50x
Aster BCHUSDT	+0.0072%	8h	264.58	+0.132%	$154K	$557K	75x	as long as short
Lighter BCH	+0.0096%	1h	264.86	+0.238%	$355K	$495K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.07	+0.318%	$5.7M	$4.6M	10x	as long as short
Pacifica BCH	+0.0100%	1h	264.24	+0.003%	$159K	$306K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	263.19	−0.395%	$18K	$330K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	263.29	−0.356%	$96K	$235K	50x	as long as short
Kraken Futures PF_BCHUSD	+0.0180%	1h	264.24	+0.002%	$844K	$3.0M	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	264.19	−0.017%	$12K	—	100x	as long as short