Funding you earn now, next payment 04:00 UTC+0.0594%/8h= +65.0% APRnext payment +$0.74 per $10,000 · paid last 24h +0.087%
Price spread now: GMX against Coinbase International−0.135%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. GMX is 0.135% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.135% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 18 hours of funding at the current rate (+$18 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International BCH-PERP-INTX | 265.72 | −0.0064 | get 0.0008% / 1h | 31m 35s | $219K | $1.8M | 50x |
| Short | GMX BCH/USD [WBTC.b-USDC] | 265.36 | L +0.0359% / S −0.0530% | get 0.0066% / 1h | 31m 35s | $25K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $124.66
- Price spread: −0.135% → 0.000%
- −$13.49
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $89.17
- Costs to cover
- 0.220%
- Break-even
- 2.0 days
Slippage unknown: Coinbase International: live order book, 2 min ago; GMX: no order-book sample. Net counts fees only.
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 | 5.65 bp | 15.2 bp −$15 | 20.7 bp −$207 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0257% | 8h | 265.17 | −0.207% | $4.9M | $6.4M | 50x | as long as short |
| HTX BCH-USDT | −0.0224% | 8h | 265.09 | −0.237% | $773K | $1.4M | 75x | as long as short |
| SoDEX BCH-USD | −0.0212% | 1h | 265.18 | −0.203% | $2K | $8K | 10x | as long as short |
| Nado BCH-PERP | −0.0191% | 1h | 265.70 | −0.008% | $432K | $346K | 10x | as long as short |
| SunX BCH-USDT | −0.0190% | 8h | 265.05 | −0.252% | $2K | $1.7M | 30x | as long as short |
| OKX BCH-USDT-SWAP | −0.0087% | 8h | 265.90 | +0.068% | $25.2M | $76.5M | 50x | as long as short |
| KuCoin BCHUSDTM | −0.0082% | 8h | 265.54 | −0.068% | $8.5M | $6.9M | 75x | as long as short |
| Bitget BCHUSDT | −0.0076% | 8h | 265.82 | +0.038% | $19.0M | $28.3M | 75x | as long as short |
| Extended BCH-USD | −0.0072% | 1h | 265.41 | −0.115% | $113K | $956K | 25x | as long as short |
| MEXC BCH_USDT | −0.0072% | 8h | 266.17 | +0.169% | $70.4M | $7.9M | 200x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0070% | 8h | 265.71 | −0.004% | $72.1M | $215.6M | 75x | as long as short |
| Coinbase International BCH-PERP-INTXlong | −0.0064% | 1h | 265.72 | long leg | $219K | $1.8M | 50x | |
| Variational Omni BCH | −0.0063% | 8h | 265.10 | −0.232% | $81K | $196K | — | as long as short |
| Kraken Futures PF_BCHUSD | −0.0051% | 1h | 265.41 | −0.118% | $852K | $3.0M | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0043% | 8h | 265.22 | −0.188% | $387K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0021% | 8h | 265.49 | −0.087% | $8.3M | $13.6M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 265.32 | −0.149% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.32 | −0.151% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.50 | −0.083% | $1.0M | $10.4M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 265.38 | −0.128% | $444K | $332K | 25x | as long as short |
| BingX BCH-USDC | +0.0010% | 8h | 265.57 | −0.056% | — | $6.5M | — | as long as short |
| Bybit BCHUSDT | +0.0022% | 8h | 265.80 | +0.030% | $39.2M | $31.2M | 75x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.686% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0046% | 8h | 265.19 | −0.199% | $2K | $176 | 10x | as long as short |
| BloFin BCH-USDT | +0.0048% | 8h | 265.35 | −0.139% | $3.9M | $4.4M | 50x | as long as short |
| Aster BCHUSDT | +0.0086% | 8h | 265.52 | −0.074% | $150K | $545K | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 265.40 | −0.121% | $359K | $492K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 266.15 | +0.162% | $5.7M | $4.6M | 10x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 265.41 | −0.118% | $160K | $305K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 265.11 | −0.228% | $18K | $314K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 265.32 | −0.151% | $97K | $234K | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC]short | L +0.0359% / S −0.0530% | 1h | 265.36 | −0.135% | $25K | — | 100x |
Coinbase International BCH-PERP-INTX
GMX BCH/USD [WBTC.b-USDC]
Phemex BCHUSDT
HTX BCH-USDT
SoDEX BCH-USD
SunX BCH-USDT
OKX BCH-USDT-SWAP
KuCoin BCHUSDTM
Bitget BCHUSDT
Extended BCH-USD
MEXC BCH_USDT
Binance BCHUSDT
Variational Omni BCH
Kraken Futures PF_BCHUSD
GRVT BCH_USDT_Perp
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
BingX BCH-USDC
Bybit BCHUSDT
Injective BCH/USDC PERP
BloFin BCH-USDT
Aster BCHUSDT
Lighter BCH
Hyperliquid BCH
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT