Funding you earn now, next payment 01:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.03 per $10,000 · paid last 24h +0.012%
Price spread now: ApeX Omni against Coinbase International+0.060%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$570.572% of the position
Funding, last 7 days+0.115%+$12 on $10k
+Price spread, last 3 days (all we have)−0.002%$0 · spread now +0.060%, 7d avg +0.017%
=The price spread pays, funding is against you. ApeX Omni is 0.043% dearer against Coinbase International than usual: you sell high and buy low (spread +0.060% now, against its 7-day average of +0.017%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.8 days. Mind the row above: over the last 7 days funding on this pair paid +0.115%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International BCH-PERP-INTX | 264.66 | −0.0112 | get 0.0014% / 1h | 4m 57s | $231K | $1.8M | 50x |
| Short | ApeX Omni BCHUSDT | 264.82 | −0.0137 | pay 0.0017% / 1h | 4m 57s | $96K | $226K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Coinbase International. 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
- −$5.21
- Price spread: +0.060% → +0.017%
- $4.33
- Slippage, 4 orders
- −$37.22
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$58.1
- Costs to cover
- 0.572%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 4 min ago; ApeX Omni: live order book, 61 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 Coinbase International live order book, 4 min ago | 5.10 bp | 15.4 bp −$15 | 22.2 bp −$222 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 61 min ago | 7.08 bp | 14.5 bp −$14 | 94.6 bp −$946 | doesn't fit | doesn't fit |
BCH on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BCH-USDT | −0.1475% | 8h | 264.72 | +0.023% | $2K | $1.8M | 30x | as long as short |
| SoDEX BCH-USD | −0.0514% | 1h | 264.86 | +0.076% | $2K | $8K | 10x | as long as short |
| Phemex BCHUSDT | −0.0461% | 8h | 264.89 | +0.087% | $4.9M | $6.6M | 50x | as long as short |
| HTX BCH-USDT | −0.0454% | 8h | 264.91 | +0.094% | $776K | $1.5M | 75x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0316% | 1h | 265.00 | +0.129% | $448K | $254K | 25x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0300% | 1h | 265.20 | +0.203% | $851K | $3.0M | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0207% | 8h | 264.26 | −0.151% | $385K | $17K | 10x | as long as short |
| ApeX Omni BCHUSDTshort | −0.0137% | 1h | 264.82 | +0.060% | $96K | $226K | 50x | |
| Gate BCH_USDT | −0.0126% | 8h | 264.89 | +0.087% | $8.4M | $13.6M | 75x | as long as short |
| Variational Omni BCH | −0.0114% | 8h | 264.50 | −0.059% | $81K | $201K | — | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0112% | 1h | 264.79 | +0.049% | $112K | $957K | 25x | as long as short |
| Coinbase International BCH-PERP-INTXlong | −0.0112% | 1h | 264.66 | long leg | $231K | $1.8M | 50x | |
| Binance BCHUSDT | −0.0109% | 8h | 264.85 | +0.073% | $71.7M | $219.4M | 75x | as long as short |
| MEXC BCH_USDT | −0.0109% | 8h | 265.19 | +0.200% | $70.0M | $7.1M | 200x | as long as short |
| Nado BCH-PERP | −0.0085% | 1h | 264.71 | +0.021% | $418K | $348K | 10x | as long as short |
| Bybit BCHUSDT | −0.0060% | 8h | 264.90 | +0.091% | $39.1M | $31.6M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0057% | 8h | 264.80 | +0.053% | $25.2M | $74.6M | 50x | as long as short |
| Bitget BCHUSDT | −0.0050% | 8h | 264.85 | +0.072% | $19.0M | $28.4M | 75x | as long as short |
| BingX BCH-USDT | −0.0038% | 8h | 264.83 | +0.064% | — | $32.3M | — | as long as short |
| KuCoin BCHUSDTM | −0.0007% | 8h | 264.86 | +0.076% | $8.6M | $7.4M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 264.95 | +0.110% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.33 | +0.253% | $1.1M | $10.2M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 265.04 | +0.143% | $4K | — | 150x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.093% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0035% | 8h | 264.86 | +0.076% | $2K | $176 | 10x | as long as short |
| Pacifica BCH | +0.0040% | 1h | 264.78 | +0.044% | $161K | $379K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 264.91 | +0.096% | $365K | $478K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.13 | +0.178% | $5.7M | $4.7M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 264.95 | +0.110% | $168K | $697K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 264.65 | −0.002% | $19K | $292K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0333% / S −0.0451% | 1h | 265.10 | +0.167% | $25K | — | 100x | as long as short |
Coinbase International BCH-PERP-INTX
ApeX Omni BCHUSDT
SunX BCH-USDT
SoDEX BCH-USD
Phemex BCHUSDT
HTX BCH-USDT
Deribit BCH_USDC-PERPETUAL
Kraken Futures PF_BCHUSD
GRVT BCH_USDT_Perp
Gate BCH_USDT
Variational Omni BCH
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
Bybit BCHUSDT
OKX BCH-USDT-SWAP
Bitget BCHUSDT
BingX BCH-USDT
KuCoin BCHUSDTM
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Injective BCH/USDC PERP
Pacifica BCH
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]