Funding you earn now, next payment 00:00 UTC−0.0016%/8h= −1.7% APRnext payment −$0.16 per $10,000 · paid last 24h −0.033%
Price spread now: OKX against BloFin−0.044%93s7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as 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−$390.388% of the position
Funding, last 7 days−0.193%−$19 on $10k
+Price spread, last 3 days (all we have)+0.073%+$7 · spread now −0.044%, 7d avg −0.021%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and OKX is 0.023% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.021%). Swap the legs. The two prices were read 93 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 | 269.82 | 0.0074 | pay 0.0074% / 8h | 1h 09m | $4.0M | $4.2M | 50x |
| Short | OKX BCH-USDT-SWAP | 269.70 | 0.0059 | get 0.0059% / 8h | 1h 09m | $26.4M | $78.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$3.26
- Price spread: −0.044% → −0.021%
- −$2.33
- Slippage, 4 orders
- −$16.85
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$44.44
- Costs to cover
- 0.388%
- Break-even
- never at this rate
Slippage from BloFin: 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 BloFin live order book, 4 min ago | 2.59 bp | 11.2 bp −$11 | 23.6 bp −$236 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.85 bp | 7.8 bp −$8 | 17.0 bp −$170 | 84.8 bp −$8,476 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0294% | 1h | 269.86 | +0.013% | $457K | $265K | 25x | as long as short |
| Phemex BCHUSDT | −0.0185% | 8h | 269.77 | −0.019% | $4.9M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0175% | 1h | 269.70 | −0.044% | $2K | $6K | 10x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 270.20 | +0.141% | $721 | $130K | 12x | as long as short |
| Variational Omni BCH | −0.0124% | 8h | 269.61 | −0.076% | $83K | $294K | — | as long as short |
| Bybit BCHUSDT | −0.0065% | 8h | 269.75 | −0.026% | $39.4M | $33.0M | 75x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 269.62 | −0.074% | $116K | $653K | 25x | as long as short |
| MEXC BCH_USDT | −0.0045% | 8h | 270.49 | +0.248% | $70.9M | $6.6M | 200x | as long as short |
| Binance BCHUSDT | −0.0044% | 8h | 269.94 | +0.045% | $75.1M | $234.3M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 270.03 | +0.078% | $5K | $248 | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXBCHPERP | 0.0000% | 8h | 270.07 | +0.093% | $1.3M | $11.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 269.85 | +0.010% | $4K | — | 150x | as long as short |
| Gate BCH_USDT | +0.0006% | 8h | 269.71 | −0.041% | $8.4M | $14.9M | 75x | as long as short |
| GRVT BCH_USDT_Perp | +0.0016% | 8h | 269.80 | −0.007% | $393K | $17K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 269.96 | +0.052% | $241K | $2.1M | 50x | as long as short |
| Bitget BCHUSDT | +0.0022% | 8h | 269.92 | +0.037% | $19.4M | $29.5M | 75x | as long as short |
| Orderly PERP_BCH_USDC | +0.0024% | 8h | 269.70 | −0.044% | $2K | $176 | 10x | as long as short |
| OKX BCH-USDT-SWAPshort | +0.0059% | 8h | 269.70 | −0.044% | $26.4M | $78.3M | 50x | |
| BingX BCH-USDT | +0.0064% | 8h | 269.70 | −0.044% | — | $30.5M | — | as long as short |
| BloFin BCH-USDTlong | +0.0074% | 8h | 269.82 | long leg | $4.0M | $4.2M | 50x | |
| Nado BCH-PERP | +0.0095% | 1h | 269.67 | −0.055% | $442K | $428K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 270.00 | +0.065% | $378K | $588K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 270.17 | +0.130% | $6.0M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 269.93 | +0.041% | $218K | $703K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 269.91 | +0.034% | $164K | $467K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 269.98 | +0.059% | $9.3M | $8.0M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 269.89 | +0.024% | $19K | $289K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 269.90 | +0.030% | $73K | $213K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 269.59 | −0.085% | $1K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 269.70 | −0.044% | $775K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0113% | 1h | 270.03 | +0.079% | $818K | $3.2M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0335% / S −0.0388% | 1h | 269.96 | +0.052% | $26K | — | 100x | as long as short |
BloFin BCH-USDT
OKX BCH-USDT-SWAP
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
SoDEX BCH-USD
Injective BCH/USDC PERP
Variational Omni BCH
Bybit BCHUSDT
Extended BCH-USD
MEXC BCH_USDT
Binance BCHUSDT
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Gate BCH_USDT
GRVT BCH_USDT_Perp
Coinbase International BCH-PERP-INTX
Bitget BCHUSDT
BingX BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]