Funding you earn now, next payment 22:00 UTC−0.0317%/8h= −34.7% APRnext payment −$0.40 per $10,000 · paid last 24h −0.054%
Price spread now: Deribit against dYdX−0.070%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Deribit is 0.070% cheaper against dYdX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX BCH-USD | 268.05 | 0 | get 0.0000% / 1h | 34m 26s | $5K | $248 | 10x |
| Short | Deribit BCH_USDC-PERPETUAL | 267.86 | −0.0317 | pay 0.0040% / 1h | 34m 26s | $438K | $247K | 25x |
dYdX BCH-USD
Deribit BCH_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against dYdX. 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
- −$66.6
- Price spread: −0.070% → 0.000%
- −$7.02
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$90.63
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Deribit: live order book, 54 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 54 min ago | 3.60 bp | 8.3 bp −$8 | 15.8 bp −$158 | doesn't fit | doesn't fit |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUALshort | −0.0317% | 1h | 267.86 | −0.070% | $438K | $247K | 25x | |
| Injective BCH/USDC PERP | −0.0304% | 1h | 267.23 | −0.306% | $713 | $80K | 12x | as long as short |
| Phemex BCHUSDT | −0.0197% | 8h | 267.76 | −0.108% | $4.9M | $6.2M | 50x | as long as short |
| SoDEX BCH-USD | −0.0188% | 1h | 267.74 | −0.115% | $2K | $6K | 10x | as long as short |
| Extended BCH-USD | −0.0120% | 1h | 267.99 | −0.023% | $105K | $643K | 25x | as long as short |
| MEXC BCH_USDT | −0.0116% | 8h | 268.63 | +0.217% | $71.1M | $6.4M | 200x | as long as short |
| Binance BCHUSDT | −0.0115% | 8h | 268.10 | +0.017% | $74.0M | $229.1M | 75x | as long as short |
| Variational Omni BCH | −0.0080% | 8h | 267.64 | −0.152% | $85K | $291K | — | as long as short |
| Bybit BCHUSDT | −0.0064% | 8h | 267.96 | −0.033% | $39.5M | $32.0M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0051% | 8h | 268.04 | −0.005% | $391K | $17K | 10x | as long as short |
Injective BCH/USDC PERP
Phemex BCHUSDT
SoDEX BCH-USD
Extended BCH-USD
MEXC BCH_USDT
Binance BCHUSDT
Variational Omni BCH
Bybit BCHUSDT
GRVT BCH_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BCHUSDT | −0.0049% | 8h | 268.07 | +0.008% | $20.0M | $28.8M | 75x | as long as short |
| Gate BCH_USDT | −0.0031% | 8h | 268.07 | +0.008% | $8.4M | $14.4M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0024% | 1h | 267.90 | −0.056% | $246K | $2.1M | 50x | as long as short |
| BingX BCH-USDC | −0.0007% | 8h | 268.08 | +0.011% | — | $6.5M | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0005% | 8h | 268.00 | −0.018% | $26.3M | $75.8M | 50x | as long as short |
| dYdX BCH-USDlong | 0.0000% | 1h | 268.05 | long leg | $5K | $248 | 10x | |
| Kalshi KXBCHPERP | 0.0000% | 8h | 267.87 | −0.067% | $1.1M | $11.4M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 268.07 | +0.008% | $4K | — | 150x | as long as short |
| BloFin BCH-USDT | +0.0003% | 8h | 267.76 | −0.108% | $4.0M | $4.1M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0029% | 8h | 267.72 | −0.123% | $2K | $176 | 10x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0074% | 1h | 268.03 | −0.007% | $804K | $3.2M | 50x | as long as short |
| Nado BCH-PERP | +0.0081% | 1h | 268.02 | −0.012% | $439K | $427K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0089% | 8h | 268.08 | +0.011% | $8.9M | $8.0M | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 268.07 | +0.008% | $376K | $580K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 268.34 | +0.108% | $6.0M | $4.1M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 268.04 | −0.004% | $234K | $660K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 268.08 | +0.011% | $169K | $460K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 267.36 | −0.256% | $19K | $288K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 268.16 | +0.041% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 267.54 | −0.190% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 267.63 | −0.156% | $770K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0372% / S −0.0574% | 1h | 268.14 | +0.033% | $26K | — | 100x | as long as short |
Bitget BCHUSDT
Gate BCH_USDT
Coinbase International BCH-PERP-INTX
BingX BCH-USDC
OKX BCH-USDT-SWAP
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
BloFin BCH-USDT
Orderly PERP_BCH_USDC
Kraken Futures PF_BCHUSD
Nado BCH-PERP
KuCoin BCHUSDTM
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]