Funding you earn now, next payment 23:00 UTC+0.0672%/8h= +73.5% APRpaid last 24h +0.085%
Price spread now: Aster against Deribit−0.027%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$410.407% of the position
Funding, last 7 days+0.293%+$29 on $10k
+Price spread, last 3 days (all we have)+0.063%+$6 · spread now −0.027%, 7d avg +0.007%
=Together, before fees+0.356%+ Points / potential airdropAster: Stage 5 · farm board+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.034% cheaper against Deribit than usual: you would sell low and buy high (spread −0.027% now, against its 7-day average of +0.007%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$20 a day). At the pace of the last 7 days (+0.293% in total) that is about 20 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.293% in total (about 15.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BCH_USDC-PERPETUAL | 269.96 | −0.0572 | get 0.0071% / 1h | 49m 55s | $458K | $263K | 25x |
| Short | Aster BCHUSDT | 269.89 | 0.0100 | get 0.0100% / 8h | 1h 49m | $220K | $700K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Deribit. 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
- $141.05
- Price spread: −0.027% → +0.007%
- −$3.42
- Slippage, 4 orders
- −$25.72
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $96.92
- Costs to cover
- 0.407%
- Break-even
- 2.2 days
Slippage from Deribit: live order book, 34 min ago; Aster: live order book, 33 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 Deribit live order book, 34 min ago | 4.01 bp | 13.9 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 33 min ago | 3.16 bp | 10.9 bp −$11 | 22.4 bp −$224 | 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-PERPETUALlong | −0.0572% | 1h | 269.96 | long leg | $458K | $263K | 25x | |
| Phemex BCHUSDT | −0.0209% | 8h | 269.97 | +0.002% | $4.9M | $6.3M | 50x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 270.20 | +0.087% | $721 | $130K | 12x | as long as short |
| Extended BCH-USD | −0.0080% | 1h | 269.81 | −0.058% | $116K | $653K | 25x | as long as short |
| Binance BCHUSDT | −0.0077% | 8h | 269.88 | −0.031% | $75.1M | $232.0M | 75x | as long as short |
| MEXC BCH_USDT | −0.0076% | 8h | 270.56 | +0.221% | $71.6M | $6.3M | 200x | as long as short |
| Variational Omni BCH | −0.0071% | 8h | 269.63 | −0.125% | $86K | $291K | — | as long as short |
| SoDEX BCH-USD | −0.0044% | 1h | 269.87 | −0.035% | $2K | $6K | 10x | as long as short |
| Bitget BCHUSDT | −0.0022% | 8h | 270.00 | +0.013% | $20.0M | $29.0M | 75x | as long as short |
| Gate BCH_USDT | −0.0018% | 8h | 269.88 | −0.031% | $8.4M | $14.7M | 75x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX BCH-USD | 0.0000% | 1h | 270.17 | +0.077% | $5K | $248 | 10x | as long as short |
| Bybit BCHUSDT | 0.0000% | 8h | 269.80 | −0.061% | $39.7M | $32.6M | 75x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 270.43 | +0.173% | $1.1M | $11.5M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 269.96 | −0.003% | $4K | — | 150x | as long as short |
| GRVT BCH_USDT_Perp | +0.0001% | 8h | 270.88 | +0.339% | $395K | $17K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 269.84 | −0.046% | $232K | $2.1M | 50x | as long as short |
| Nado BCH-PERP | +0.0024% | 1h | 270.07 | +0.040% | $443K | $427K | 10x | as long as short |
| Orderly PERP_BCH_USDC | +0.0026% | 8h | 269.80 | −0.061% | $2K | $176 | 10x | as long as short |
| BloFin BCH-USDT | +0.0043% | 8h | 269.71 | −0.094% | $4.0M | $4.1M | 50x | as long as short |
| BingX BCH-USDT | +0.0044% | 8h | 269.87 | −0.035% | — | $32.0M | — | as long as short |
| OKX BCH-USDT-SWAP | +0.0047% | 8h | 269.80 | −0.061% | $26.1M | $77.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 269.94 | −0.007% | $378K | $583K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 270.24 | +0.102% | $6.0M | $4.2M | 10x | as long as short |
| Aster BCHUSDTshort | +0.0100% | 8h | 269.89 | −0.027% | $220K | $700K | 75x | |
| Pacifica BCH | +0.0100% | 1h | 270.21 | +0.089% | $170K | $455K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 270.00 | +0.013% | $8.9M | $8.0M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 270.22 | +0.096% | $19K | $289K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 269.73 | −0.087% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 269.84 | −0.046% | $786K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0113% | 1h | 270.12 | +0.059% | $807K | $3.2M | 50x | as long as short |
| ApeX Omni BCHUSDT | +0.0341% | 1h | 270.36 | +0.147% | $73K | $214K | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0341% / S −0.0467% | 1h | 270.11 | +0.055% | $26K | — | 100x | as long as short |
Deribit BCH_USDC-PERPETUAL
Aster BCHUSDT
Phemex BCHUSDT
Injective BCH/USDC PERP
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
Variational Omni BCH
SoDEX BCH-USD
Bitget BCHUSDT
Gate BCH_USDT
Bybit BCHUSDT
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
GRVT BCH_USDT_Perp
Coinbase International BCH-PERP-INTX
BloFin BCH-USDT
BingX BCH-USDT
OKX BCH-USDT-SWAP
Lighter BCH
Hyperliquid BCH
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
HTX BCH-USDT
Kraken Futures PF_BCHUSD
ApeX Omni BCHUSDT
GMX BCH/USD [WBTC.b-USDC]