Funding you earn now, next payment 05:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against Coinbase International−0.101%56s7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as 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−$410.415% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)+0.151%+$15 · spread now −0.101%, 7d avg −0.084%
=Together, before fees+0.123%+ Points / potential airdropExtended: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.084%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 56 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 | Coinbase International BCH-PERP-INTX | 264.25 | −0.0040 | get 0.0005% / 1h | 42m 17s | $217K | $1.8M | 50x |
| Short | Extended BCH-USD | 263.98 | −0.0056 | pay 0.0007% / 1h | 42m 17s | $111K | $1.1M | 25x |
Coinbase International BCH-PERP-INTX
Extended BCH-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$3.36
- Price spread: −0.101% → −0.084%
- −$1.63
- Slippage, 4 orders
- −$26.47
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$46.45
- Costs to cover
- 0.415%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 1 min ago; Extended: live order book, 1 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, 1 min ago | 4.35 bp | 14.0 bp −$14 | 19.1 bp −$191 | doesn't fit | doesn't fit |
| Sell Extended live order book, 1 min ago | 0.95 bp | 8.1 bp −$8 | 42.9 bp −$429 | 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX BCH-USDT | −0.0241% | 8h | 264.02 | −0.087% | $771K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0197% | 8h | 263.94 | −0.117% | $5.0M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0191% | 1h | 264.05 | −0.076% | $2K | $8K | 10x | as long as short |
| Nado BCH-PERP | −0.0176% | 1h | 263.87 | −0.144% | $431K | $350K | 10x | as long as short |
| SunX BCH-USDT | −0.0114% | 8h | 263.99 | −0.098% | $2K | $1.7M | 30x | as long as short |
| Bitget BCHUSDT | −0.0108% | 8h | 263.91 | −0.129% | $18.8M | $28.4M | 75x | as long as short |
| KuCoin BCHUSDTM | −0.0097% | 8h | 264.17 | −0.030% | $8.5M | $6.8M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0078% | 8h | 264.00 | −0.095% | $25.1M | $76.5M | 50x | as long as short |
| Variational Omni BCH | −0.0072% | 8h | 263.30 | −0.358% | $81K | $196K | — | as long as short |
| Extended BCH-USDshort | −0.0056% | 1h | 263.98 | −0.101% | $111K | $1.1M | 25x |
HTX BCH-USDT
Phemex BCHUSDT
SoDEX BCH-USD
Nado BCH-PERP
SunX BCH-USDT
Bitget BCHUSDT
KuCoin BCHUSDTM
OKX BCH-USDT-SWAP
Variational Omni BCHShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0054% | 8h | 264.47 | +0.083% | $69.9M | $8.0M | 200x | as long as short |
| Binance BCHUSDT | −0.0053% | 8h | 264.09 | −0.061% | $71.8M | $217.0M | 75x | as long as short |
| Coinbase International BCH-PERP-INTXlong | −0.0040% | 1h | 264.25 | long leg | $217K | $1.8M | 50x | |
| GRVT BCH_USDT_Perp | −0.0028% | 8h | 263.72 | −0.200% | $384K | $17K | 10x | as long as short |
| Bybit BCHUSDT | −0.0018% | 8h | 263.99 | −0.098% | $38.9M | $31.4M | 75x | as long as short |
| BingX BCH-USDC | −0.0013% | 8h | 264.07 | −0.068% | — | $6.5M | — | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 264.24 | −0.002% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 264.46 | +0.080% | $5K | $240 | 10x | as long as short |
| Gate BCH_USDT | 0.0000% | 8h | 264.08 | −0.064% | $8.3M | $13.6M | 75x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 264.29 | +0.015% | $988K | $10.4M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 264.23 | −0.008% | $440K | $333K | 25x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.252% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0045% | 8h | 264.11 | −0.053% | $2K | $176 | 10x | as long as short |
| BloFin BCH-USDT | +0.0066% | 8h | 264.01 | −0.091% | $3.9M | $4.4M | 50x | as long as short |
| Aster BCHUSDT | +0.0073% | 8h | 264.22 | −0.011% | $153K | $555K | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 264.35 | +0.037% | $354K | $495K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 264.22 | −0.011% | $5.7M | $4.6M | 10x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 264.26 | +0.004% | $159K | $305K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 263.62 | −0.237% | $18K | $331K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 263.92 | −0.125% | $96K | $235K | 50x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0180% | 1h | 264.30 | +0.019% | $844K | $3.0M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0202% / S −0.0147% | 1h | 264.25 | −0.001% | $12K | — | 100x | as long as short |
MEXC BCH_USDT
Binance BCHUSDT
GRVT BCH_USDT_Perp
Bybit BCHUSDT
BingX BCH-USDC
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Gate BCH_USDT
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
BloFin BCH-USDT
Aster BCHUSDT
Lighter BCH
Hyperliquid BCH
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]