Funding you earn now, next payment 23:00 UTC+0.0119%/8h= +13.1% APRpaid last 24h +0.049%
Price spread now: BloFin against Coinbase International+0.107%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$470.473% of the position
Funding, last 7 days+0.208%+$21 on $10k
+Price spread, last 3 days (all we have)+0.001%$0 · spread now +0.107%, 7d avg −0.038%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.145% dearer against Coinbase International than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International BCH-PERP-INTX | 270.64 | −0.0032 | get 0.0004% / 1h | 56m 46s | $241K | $2.1M | 50x |
| Short | BloFin BCH-USDT | 270.93 | 0.0087 | get 0.0087% / 8h | 56m 46s | $4.0M | $4.2M | 50x |
Coinbase International BCH-PERP-INTX
BloFin BCH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $25.03
- Price spread: +0.107% → −0.038%
- $14.53
- Slippage, 4 orders
- −$25.33
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$7.77
- Costs to cover
- 0.473%
- Break-even
- 9.2 days
Slippage from Coinbase International: live order book, 2 min ago; BloFin: 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 Coinbase International live order book, 2 min ago | 5.35 bp | 12.4 bp −$12 | 18.3 bp −$183 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 1.85 bp | 11.8 bp −$12 | 18.3 bp −$183 | 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 | −0.0432% | 1h | 271.00 | +0.134% | $458K | $266K | 25x | as long as short |
| Phemex BCHUSDT | −0.0193% | 8h | 270.90 | +0.096% | $4.9M | $6.5M | 50x | as long as short |
| Variational Omni BCH | −0.0127% | 8h | 270.01 | −0.231% | $83K | $294K | — | as long as short |
| Kraken Futures PF_BCHUSD | −0.0124% | 1h | 271.30 | +0.244% | $821K | $3.2M | 50x | as long as short |
| Bybit BCHUSDT | −0.0073% | 8h | 270.94 | +0.111% | $39.6M | $33.1M | 75x | as long as short |
| Injective BCH/USDC PERP | −0.0054% | 1h | 270.20 | −0.163% | $721 | $130K | 12x | as long as short |
| MEXC BCH_USDT | −0.0033% | 8h | 271.51 | +0.321% | $71.1M | $6.6M | 200x | as long as short |
| Extended BCH-USD | −0.0032% | 1h | 270.82 | +0.066% | $117K | $653K | 25x | as long as short |
| Coinbase International BCH-PERP-INTXlong | −0.0032% | 1h | 270.64 | long leg | $241K | $2.1M | 50x | |
| Binance BCHUSDT | −0.0031% | 8h | 271.09 | +0.166% | $75.5M | $234.6M | 75x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
Variational Omni BCH
Kraken Futures PF_BCHUSD
Bybit BCHUSDT
Injective BCH/USDC PERP
MEXC BCH_USDT
Extended BCH-USD
Binance BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX BCH-USD | 0.0000% | 1h | 271.11 | +0.174% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 271.17 | +0.196% | $1.3M | $11.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 271.05 | +0.153% | $5K | — | 150x | as long as short |
| Gate BCH_USDT | +0.0009% | 8h | 270.99 | +0.129% | $8.4M | $14.3M | 75x | as long as short |
| GRVT BCH_USDT_Perp | +0.0020% | 8h | 270.20 | −0.164% | $394K | $17K | 10x | as long as short |
| SoDEX BCH-USD | +0.0022% | 1h | 270.99 | +0.129% | $2K | $6K | 10x | as long as short |
| Orderly PERP_BCH_USDC | +0.0024% | 8h | 270.95 | +0.115% | $2K | $176 | 10x | as long as short |
| Bitget BCHUSDT | +0.0032% | 8h | 270.98 | +0.126% | $19.7M | $29.6M | 75x | as long as short |
| BingX BCH-USDT | +0.0058% | 8h | 270.93 | +0.107% | — | $30.6M | — | as long as short |
| OKX BCH-USDT-SWAP | +0.0059% | 8h | 271.00 | +0.133% | $26.6M | $79.2M | 50x | as long as short |
| BloFin BCH-USDTshort | +0.0087% | 8h | 270.93 | +0.107% | $4.0M | $4.2M | 50x | |
| Lighter BCH | +0.0096% | 1h | 271.14 | +0.185% | $375K | $554K | 10x | as long as short |
| Nado BCH-PERP | +0.0100% | 1h | 270.78 | +0.052% | $443K | $429K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 271.41 | +0.285% | $6.1M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 271.06 | +0.155% | $219K | $704K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 271.09 | +0.168% | $165K | $467K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 271.10 | +0.170% | $9.3M | $7.9M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 270.47 | −0.064% | $19K | $289K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 270.50 | −0.052% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 270.72 | +0.030% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 270.77 | +0.048% | $779K | $1.7M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0335% / S −0.0340% | 1h | 271.08 | +0.164% | $27K | — | 100x | as long as short |
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Gate BCH_USDT
GRVT BCH_USDT_Perp
SoDEX BCH-USD
Orderly PERP_BCH_USDC
Bitget BCHUSDT
BingX BCH-USDT
OKX BCH-USDT-SWAP
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]