BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0585%/8h= +64.1% APRnext payment +$0.73 per $10,000 · paid last 24h +0.063%

Price spread now: Injective against Deribit+0.834%7-day average +0.062% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.324%+$32 on $10k

Price spread, last 3 days (all we have)−2.134%−$213 · spread now +0.834%, 7d avg +0.062%

Together, before fees−1.810%−$181 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Injective is 0.772% dearer against Deribit than usual: you sell high and buy low: +$77 more if the spread goes back to its 7-day average of +0.062%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.324% in total (about 16.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.73 per $10,000. 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	267.96	−0.0552	get 0.0069% / 1h	40m 58s	$453K	$266K	25x
Short	Injective BCH/USDC PERP	270.20	0.0033	get 0.0004% / 1h	40m 58s	$721	$130K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee InjectivebpOrdersPrice spread, now +0.834%Rate

Funding earned: $122.86
Price spread: +0.834% → +0.062%: $77.18
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $193.01
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Deribit: live order book, 33 min ago; Injective: 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 Deribit live order book, 33 min ago	3.96 bp	8.4 bp −$8	14.6 bp −$146	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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
SoDEX BCH-USD	−0.0559%	1h	267.93	−0.013%	$2K	$6K	10x	as long as short
Deribit BCH_USDC-PERPETUALlong	−0.0552%	1h	267.96	long leg	$453K	$266K	25x
Phemex BCHUSDT	−0.0491%	8h	267.85	−0.043%	$4.9M	$6.5M	50x	as long as short
HTX BCH-USDT	−0.0383%	8h	267.84	−0.047%	$775K	$1.6M	75x	as long as short
Gate BCH_USDT	−0.0210%	8h	268.00	+0.013%	$8.4M	$14.2M	75x	as long as short
GRVT BCH_USDT_Perp	−0.0196%	8h	267.99	+0.011%	$390K	$17K	10x	as long as short
Variational Omni BCH	−0.0130%	8h	267.81	−0.058%	$82K	$285K	—	as long as short
ApeX Omni BCHUSDT	−0.0074%	1h	267.55	−0.155%	$72K	$215K	50x	as long as short
Coinbase International BCH-PERP-INTX	−0.0056%	1h	268.06	+0.035%	$224K	$2.0M	50x	as long as short
Bybit BCHUSDT	−0.0054%	8h	268.01	+0.017%	$39.6M	$32.6M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BCHUSDT	−0.0051%	8h	267.95	−0.007%	$72.6M	$230.8M	75x	as long as short
Kraken Futures PF_BCHUSD	−0.0049%	1h	268.15	+0.068%	$855K	$3.1M	50x	as long as short
MEXC BCH_USDT	−0.0049%	8h	268.33	+0.136%	$70.3M	$6.6M	200x	as long as short
Extended BCH-USD	−0.0048%	1h	267.79	−0.065%	$113K	$804K	25x	as long as short
Nado BCH-PERP	−0.0017%	1h	267.72	−0.090%	$439K	$421K	10x	as long as short
Bitget BCHUSDT	−0.0005%	8h	267.80	−0.062%	$19.2M	$29.5M	75x	as long as short
dYdX BCH-USD	0.0000%	1h	267.93	−0.011%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	268.16	+0.073%	$1.1M	$10.8M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	268.05	+0.032%	$4K	—	150x	as long as short
OKX BCH-USDT-SWAP	+0.0023%	8h	267.90	−0.024%	$25.9M	$76.6M	50x	as long as short
BingX BCH-USDC	+0.0027%	8h	267.92	−0.017%	—	$6.5M	—	as long as short
Orderly PERP_BCH_USDC	+0.0030%	8h	267.86	−0.039%	$2K	$176	10x	as long as short
Injective BCH/USDC PERPshort	+0.0033%	1h	270.20	+0.834%	$721	$130K	12x
BloFin BCH-USDT	+0.0069%	8h	267.89	−0.028%	$3.9M	$4.2M	50x	as long as short
Lighter BCH	+0.0096%	1h	267.95	−0.005%	$369K	$529K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	268.26	+0.109%	$6.0M	$4.4M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	268.20	+0.088%	$175K	$666K	75x	as long as short
Pacifica BCH	+0.0100%	1h	267.83	−0.049%	$163K	$407K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	267.94	−0.009%	$9.0M	$7.6M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	267.89	−0.029%	$19K	$290K	20x	as long as short
SunX BCH-USDT	+0.0100%	8h	267.52	−0.166%	$1K	$1.9M	30x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0333% / S −0.0224%	1h	268.09	+0.046%	$31K	—	100x	as long as short