Funding you earn now, next payment 08:00 UTC−0.0133%/8h= −14.6% APRpaid last 24h +0.056%
Price spread now: Variational Omni against Deribit−0.016%7-day average −0.054% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.103%+$10 on $10k
+Price spread, last 4 days (all we have)−0.099%−$10 · spread now −0.016%, 7d avg −0.054%
=Together, before fees+0.004%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.038% dearer against Deribit than usual: you sell high and buy low (spread −0.016% now, against its 7-day average of −0.054%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 23 hours. Mind the row above: over the last 4 days funding on this pair paid +0.103%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BCH_USDC-PERPETUAL | 264.45 | 0 | get 0.0000% / 1h | 14m 44s | $426K | $348K | 25x |
| Short | Variational Omni BCH | 264.41 | −0.0133 | pay 0.0133% / 8h | 14m 44s | $81K | $196K | — |
Deribit BCH_USDC-PERPETUAL
Variational Omni BCHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$28.03
- Price spread: −0.016% → −0.054%
- $3.79
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$31.24
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 19 min ago; Variational Omni: RFQ quote, 24 min ago. 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, 19 min ago | 3.68 bp | 8.7 bp −$9 | 15.9 bp −$159 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 24 min ago | 6.02 bp | doesn't fit | 23.7 bp −$237 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX BCH-USD | −0.0330% | 1h | 264.32 | −0.050% | $2K | $8K | 10x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0220% | 1h | 264.56 | +0.042% | $858K | $2.7M | 50x | as long as short |
| Phemex BCHUSDT | −0.0162% | 8h | 264.39 | −0.023% | $4.9M | $6.5M | 50x | as long as short |
| Variational Omni BCHshort | −0.0133% | 8h | 264.41 | −0.016% | $81K | $196K | — | |
| Bybit BCHUSDT | −0.0110% | 8h | 264.60 | +0.056% | $38.9M | $30.9M | 75x | as long as short |
| HTX BCH-USDT | −0.0082% | 8h | 264.29 | −0.061% | $775K | $1.4M | 75x | as long as short |
| KuCoin BCHUSDTM | −0.0080% | 8h | 264.51 | +0.022% | $8.5M | $6.3M | 75x | as long as short |
| Bitget BCHUSDT | −0.0078% | 8h | 264.53 | +0.029% | $19.1M | $27.1M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0068% | 8h | 264.60 | +0.056% | $25.1M | $76.4M | 50x | as long as short |
| Binance BCHUSDT | −0.0051% | 8h | 264.73 | +0.105% | $73.0M | $212.5M | 75x | as long as short |
SoDEX BCH-USD
Kraken Futures PF_BCHUSD
Phemex BCHUSDT
Bybit BCHUSDT
HTX BCH-USDT
KuCoin BCHUSDTM
Bitget BCHUSDT
OKX BCH-USDT-SWAP
Binance BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0051% | 8h | 265.06 | +0.230% | $70.7M | $8.9M | 200x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 264.49 | +0.014% | $112K | $912K | 25x | as long as short |
| BingX BCH-USDC | −0.0041% | 8h | 264.58 | +0.048% | — | $6.5M | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0041% | 8h | 264.72 | +0.101% | $386K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0026% | 8h | 264.60 | +0.056% | $8.3M | $13.6M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 264.48 | +0.011% | $15K | — | 150x | as long as short |
| Pacifica BCH | −0.0003% | 1h | 264.69 | +0.088% | $159K | $293K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 264.81 | +0.135% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 264.67 | +0.082% | $996K | $9.7M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUALlong | 0.0000% | 1h | 264.45 | long leg | $426K | $348K | 25x | |
| Aster BCHUSDT | +0.0014% | 8h | 264.60 | +0.056% | $136K | $564K | 75x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.174% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0046% | 8h | 264.34 | −0.042% | $2K | — | 10x | as long as short |
| BloFin BCH-USDT | +0.0069% | 8h | 264.46 | +0.003% | $3.5M | $4.5M | 50x | as long as short |
| Nado BCH-PERP | +0.0081% | 1h | 264.15 | −0.114% | $433K | $350K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0088% | 1h | 265.02 | +0.215% | $246K | $1.9M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 264.65 | +0.074% | $353K | $469K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 264.77 | +0.120% | $5.7M | $4.6M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 264.55 | +0.037% | $19K | $345K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 264.83 | +0.143% | $95K | $242K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 264.18 | −0.103% | $1K | $1.6M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0202% / S −0.0147% | 1h | 264.47 | +0.007% | $12K | — | 100x | as long as short |
MEXC BCH_USDT
Extended BCH-USD
BingX BCH-USDC
GRVT BCH_USDT_Perp
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
Pacifica BCH
dYdX BCH-USD
Kalshi KXBCHPERP
Aster BCHUSDT
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
BloFin BCH-USDT
Nado BCH-PERP
Coinbase International BCH-PERP-INTX
Lighter BCH
Hyperliquid BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]