Funding you earn now, next payment 00:00 UTC+0.0101%/8h= +11.1% APRnext payment +$1.01 per $10,000 · paid last 24h +0.006%
Price spread now: Bitget against Bybit−0.015%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$410.410% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 7 days+0.054%+$5 · spread now −0.015%, 7d avg +0.015%
=Funding pays, the price is against you. Bitget is 0.030% cheaper against Bybit than usual: you would sell low and buy high (spread −0.015% now, against its 7-day average of +0.015%). If the spread goes back, that is −$3 on $10k: about 23 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.003% in total) that is about 2 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BCHUSDT | 266.30 | −0.0079 | get 0.0079% / 8h | 12m 01s | $39.2M | $33.0M | 75x |
| Short | Bitget BCHUSDT | 266.26 | 0.0022 | get 0.0022% / 8h | 12m 01s | $19.1M | $30.1M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- $21.21
- Price spread: −0.015% → +0.015%
- −$2.96
- Slippage, 4 orders
- −$18.04
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$22.79
- Costs to cover
- 0.410%
- Break-even
- 14.5 days
Slippage from Bybit: live order book, 2 min ago; Bitget: 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 Bybit live order book, 2 min ago | 1.88 bp | 10.5 bp −$10 | 19.3 bp −$193 | 68.9 bp −$6,887 | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.56 bp | 9.5 bp −$10 | 16.4 bp −$164 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0504% | 1h | 266.43 | +0.047% | $450K | $266K | 25x | as long as short |
| SoDEX BCH-USD | −0.0314% | 1h | 266.22 | −0.030% | $2K | $6K | 10x | as long as short |
| Variational Omni BCH | −0.0136% | 8h | 266.51 | +0.079% | $82K | $292K | — | as long as short |
| Kraken Futures PF_BCHUSD | −0.0126% | 1h | 266.54 | +0.092% | $843K | $3.1M | 50x | as long as short |
| ApeX Omni BCHUSDT | −0.0121% | 1h | 266.44 | +0.053% | $72K | $213K | 50x | as long as short |
| Phemex BCHUSDT | −0.0112% | 8h | 266.31 | +0.004% | $4.9M | $6.5M | 50x | as long as short |
| Bybit BCHUSDTlong | −0.0079% | 8h | 266.30 | long leg | $39.2M | $33.0M | 75x | |
| Injective BCH/USDC PERP | −0.0054% | 1h | 270.20 | +1.465% | $721 | $130K | 12x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0032% | 1h | 266.58 | +0.105% | $224K | $2.1M | 50x | as long as short |
| Extended BCH-USD | −0.0024% | 1h | 266.20 | −0.038% | $115K | $652K | 25x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0024% | 8h | 266.32 | +0.008% | $72.9M | $233.0M | 75x | as long as short |
| MEXC BCH_USDT | −0.0021% | 8h | 266.85 | +0.207% | $69.9M | $6.9M | 200x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 266.60 | +0.111% | $5K | $248 | 10x | as long as short |
| Gate BCH_USDT | 0.0000% | 8h | 266.33 | +0.011% | $8.3M | $14.9M | 75x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 266.94 | +0.240% | $1.2M | $11.7M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 266.48 | +0.068% | $4K | — | 150x | as long as short |
| Bitget BCHUSDTshort | +0.0022% | 8h | 266.26 | −0.015% | $19.1M | $30.1M | 75x | |
| GRVT BCH_USDT_Perp | +0.0024% | 8h | 266.27 | −0.010% | $388K | $17K | 10x | as long as short |
| Nado BCH-PERP | +0.0025% | 1h | 266.25 | −0.019% | $442K | $436K | 10x | as long as short |
| Orderly PERP_BCH_USDC | +0.0028% | 8h | 266.26 | −0.015% | $2K | $176 | 10x | as long as short |
| OKX BCH-USDT-SWAP | +0.0031% | 8h | 266.30 | 0.000% | $25.9M | $78.3M | 50x | as long as short |
| BingX BCH-USDC | +0.0038% | 8h | 266.24 | −0.023% | — | $6.5M | — | as long as short |
| Lighter BCH | +0.0096% | 1h | 266.32 | +0.007% | $367K | $558K | 10x | as long as short |
| BloFin BCH-USDT | +0.0098% | 8h | 266.34 | +0.015% | $3.9M | $4.2M | 50x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 266.60 | +0.113% | $6.0M | $4.5M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 266.32 | +0.008% | $210K | $673K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 266.41 | +0.043% | $162K | $431K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 266.34 | +0.015% | $9.0M | $7.8M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 266.31 | +0.002% | $19K | $292K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 266.28 | −0.008% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 266.22 | −0.030% | $774K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0332% / S −0.0451% | 1h | 266.54 | +0.091% | $25K | — | 100x | as long as short |
Bybit BCHUSDT
Bitget BCHUSDT
Deribit BCH_USDC-PERPETUAL
SoDEX BCH-USD
Variational Omni BCH
Kraken Futures PF_BCHUSD
ApeX Omni BCHUSDT
Phemex BCHUSDT
Injective BCH/USDC PERP
Coinbase International BCH-PERP-INTX
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
Gate BCH_USDT
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
GRVT BCH_USDT_Perp
OKX BCH-USDT-SWAP
BingX BCH-USDC
Lighter BCH
BloFin BCH-USDT
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]