Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.02 per $10,000 · paid last 24h −0.003%
Price spread now: Gate against Bybit−0.019%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$480.478% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 7 days+0.078%+$8 · spread now −0.019%, 7d avg +0.036%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.054% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BCHUSDT | 268.70 | −0.0015 | get 0.0015% / 8h | 2h 16m | $39.5M | $32.1M | 75x |
| Short | Gate BCH_USDT | 268.65 | −0.0017 | pay 0.0017% / 8h | 2h 16m | $8.4M | $14.4M | 75x |
Bybit BCHUSDT
Gate BCH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$0.37
- Price spread: −0.019% → +0.036%
- −$5.42
- Slippage, 4 orders
- −$21.76
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$53.55
- Costs to cover
- 0.478%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: 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 | 1.86 bp | 12.2 bp −$12 | 30.8 bp −$308 | 79.9 bp −$7,986 | doesn't fit |
| Sell Gate live order book, 2 min ago | 1.86 bp | 11.2 bp −$11 | 17.6 bp −$176 | 56.1 bp −$5,609 | 80.1 bp −$40.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BCH/USDC PERP | −0.0304% | 1h | 268.50 | −0.074% | $716 | $110K | 12x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0282% | 1h | 268.89 | +0.071% | $440K | $247K | 25x | as long as short |
| Phemex BCHUSDT | −0.0198% | 8h | 268.74 | +0.015% | $4.9M | $6.3M | 50x | as long as short |
| SoDEX BCH-USD | −0.0132% | 1h | 268.76 | +0.022% | $2K | $6K | 10x | as long as short |
| Binance BCHUSDT | −0.0100% | 8h | 268.60 | −0.037% | $74.1M | $229.4M | 75x | as long as short |
| MEXC BCH_USDT | −0.0099% | 8h | 269.30 | +0.223% | $71.4M | $6.4M | 200x | as long as short |
| Extended BCH-USD | −0.0096% | 1h | 268.53 | −0.063% | $115K | $653K | 25x | as long as short |
| Variational Omni BCH | −0.0070% | 8h | 268.84 | +0.050% | $86K | $291K | — | as long as short |
| Bitget BCHUSDT | −0.0039% | 8h | 268.63 | −0.026% | $19.9M | $28.9M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0025% | 8h | 268.63 | −0.027% | $391K | $17K | 10x | as long as short |
Injective BCH/USDC PERP
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
SoDEX BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
Extended BCH-USD
Variational Omni BCH
Bitget BCHUSDT
GRVT BCH_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BCH-PERP-INTX | −0.0024% | 1h | 269.02 | +0.119% | $243K | $2.1M | 50x | as long as short |
| Gate BCH_USDTshort | −0.0017% | 8h | 268.65 | −0.019% | $8.4M | $14.4M | 75x | |
| Bybit BCHUSDTlong | −0.0015% | 8h | 268.70 | long leg | $39.5M | $32.1M | 75x | |
| dYdX BCH-USD | 0.0000% | 1h | 268.90 | +0.076% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 269.13 | +0.160% | $1.1M | $11.3M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 268.87 | +0.062% | $4K | — | 150x | as long as short |
| BingX BCH-USDT | +0.0017% | 8h | 268.71 | +0.004% | — | $32.1M | — | as long as short |
| BloFin BCH-USDT | +0.0020% | 8h | 268.73 | +0.011% | $4.0M | $4.1M | 50x | as long as short |
| OKX BCH-USDT-SWAP | +0.0022% | 8h | 268.50 | −0.074% | $26.4M | $76.1M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0028% | 8h | 268.77 | +0.026% | $2K | $176 | 10x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0074% | 1h | 269.04 | +0.126% | $806K | $3.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 268.71 | +0.003% | $377K | $581K | 10x | as long as short |
| Nado BCH-PERP | +0.0100% | 1h | 268.57 | −0.047% | $440K | $425K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 268.98 | +0.104% | $6.0M | $4.1M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 268.80 | +0.038% | $236K | $660K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 268.70 | 0.000% | $170K | $460K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 268.74 | +0.015% | $8.9M | $7.9M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 268.74 | +0.014% | $19K | $289K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 269.07 | +0.138% | $73K | $213K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 268.62 | −0.030% | $1K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 268.79 | +0.033% | $774K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0373% / S −0.0574% | 1h | 268.91 | +0.079% | $26K | — | 100x | as long as short |
Coinbase International BCH-PERP-INTX
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
BingX BCH-USDT
BloFin BCH-USDT
OKX BCH-USDT-SWAP
Orderly PERP_BCH_USDC
Kraken Futures PF_BCHUSD
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]