Funding you earn now, next payment 08:00 UTC+0.0127%/8h= +13.9% APRnext payment +$1.27 per $10,000 · paid last 24h +0.043%
Price spread now: BloFin against Bybit−0.401%92s7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as 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−$430.434% of the position
Funding, last 7 days+0.208%+$21 on $10k
+Price spread, last 3 days (all we have)+0.385%+$39 · spread now −0.401%, 7d avg +0.016%
=Funding pays, the price is against you. BloFin is 0.417% cheaper against Bybit than usual: you would sell low and buy high (spread −0.401% now, against its 7-day average of +0.016%). If the spread goes back, that is −$42 on $10k: about 11 days of funding at the current rate (+$4 a day). The two prices were read 92 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 | Bybit BCHUSDT | 269.64 | −0.0076 | get 0.0076% / 8h | 7h 15m | $39.9M | $32.6M | 75x |
| Short | BloFin BCH-USDT | 268.56 | 0.0050 | get 0.0050% / 8h | 7h 15m | $3.9M | $4.2M | 50x |
Bybit BCHUSDT
BloFin BCH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $26.63
- Price spread: −0.401% → +0.016%
- −$41.67
- Slippage, 4 orders
- −$20.43
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$58.46
- Costs to cover
- 0.434%
- Break-even
- 22.4 days
Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 3 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, 3 min ago | 1.87 bp | 11.0 bp −$11 | 21.0 bp −$210 | 73.0 bp −$7,301 | doesn't fit |
| Sell BloFin live order book, 3 min ago | 0.37 bp | 15.3 bp −$15 | 30.4 bp −$304 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex BCHUSDT | −0.0577% | 8h | 269.42 | −0.082% | $5.0M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0556% | 1h | 269.54 | −0.037% | $2K | $6K | 10x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0369% | 1h | 269.47 | −0.064% | $455K | $266K | 25x | as long as short |
| ApeX Omni BCHUSDT | −0.0184% | 1h | 269.15 | −0.182% | $73K | $215K | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0179% | 8h | 269.07 | −0.211% | $392K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0150% | 8h | 269.75 | +0.041% | $8.5M | $14.3M | 75x | as long as short |
| Variational Omni BCH | −0.0128% | 8h | 268.91 | −0.271% | $82K | $285K | — | as long as short |
| Bybit BCHUSDTlong | −0.0076% | 8h | 269.64 | long leg | $39.9M | $32.6M | 75x | |
| Extended BCH-USD | −0.0072% | 1h | 269.58 | −0.021% | $117K | $961K | 25x | as long as short |
| Binance BCHUSDT | −0.0069% | 8h | 269.60 | −0.015% | $73.1M | $229.5M | 75x | as long as short |
Phemex BCHUSDT
SoDEX BCH-USD
Deribit BCH_USDC-PERPETUAL
ApeX Omni BCHUSDT
GRVT BCH_USDT_Perp
Gate BCH_USDT
Variational Omni BCH
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 | −0.0069% | 8h | 270.07 | +0.159% | $70.8M | $6.7M | 200x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 268.56 | −0.401% | $230K | $2.0M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 269.78 | +0.053% | $859K | $3.1M | 50x | as long as short |
| Bitget BCHUSDT | −0.0023% | 8h | 269.65 | +0.004% | $19.3M | $29.1M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0003% / S +0.0007% | 1h | 269.35 | −0.109% | $7K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 269.70 | +0.022% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 269.36 | −0.104% | $1.1M | $10.9M | 2.7x | as long as short |
| OKX BCH-USDT-SWAP | +0.0007% | 8h | 269.70 | +0.022% | $26.2M | $76.5M | 50x | as long as short |
| BingX BCH-USDC | +0.0013% | 8h | 269.67 | +0.011% | — | $6.5M | — | as long as short |
| Nado BCH-PERP | +0.0019% | 1h | 268.88 | −0.280% | $440K | $419K | 10x | as long as short |
| Orderly PERP_BCH_USDC | +0.0029% | 8h | 269.25 | −0.145% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.208% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDTshort | +0.0050% | 8h | 268.56 | −0.401% | $3.9M | $4.2M | 50x | |
| HTX BCH-USDT | +0.0072% | 8h | 269.25 | −0.145% | $782K | $1.6M | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 269.58 | −0.024% | $371K | $530K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.89 | +0.093% | $6.6M | $4.6M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 269.52 | −0.046% | $178K | $658K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 269.63 | −0.002% | $164K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 269.69 | +0.019% | $8.8M | $7.7M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 269.14 | −0.185% | $19K | $291K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 269.08 | −0.208% | $1K | $1.9M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0334% / S −0.0451% | 1h | 269.40 | −0.089% | $25K | — | 100x | as long as short |
MEXC BCH_USDT
Coinbase International BCH-PERP-INTX
Kraken Futures PF_BCHUSD
Bitget BCHUSDT
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
OKX BCH-USDT-SWAP
BingX BCH-USDC
Nado BCH-PERP
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
HTX BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]