Funding you earn now, next payment 23:00 UTC−0.0155%/8h= −17.0% APRnext payment −$0.19 per $10,000 · paid last 24h +0.002%
Price spread now: Injective against gTrade (Gains Network)−0.167%55s7-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
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Injective is 0.167% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) BCH/USD | 270.65 | L 0.0000% / S +0.0007% | pay 0.0000% / 1h | 22m 04s | $4K | — | 150x |
| Short | Injective BCH/USDC PERP | 270.20 | −0.0154 | pay 0.0019% / 1h | 22m 04s | $721 | $130K | 12x |
gTrade (Gains Network) BCH/USD
Injective BCH/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against gTrade (Gains Network). 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
- −$32.51
- Price spread: −0.167% → 0.000%
- −$16.66
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$59.19
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0666% | 1h | 270.63 | −0.009% | $459K | $265K | 25x | as long as short |
| Phemex BCHUSDT | −0.0185% | 8h | 270.61 | −0.015% | $5.0M | $6.5M | 50x | as long as short |
| Injective BCH/USDC PERPshort | −0.0154% | 1h | 270.20 | −0.167% | $721 | $130K | 12x | |
| Variational Omni BCH | −0.0103% | 8h | 269.72 | −0.345% | $85K | $291K | — | as long as short |
| SoDEX BCH-USD | −0.0100% | 1h | 270.53 | −0.045% | $2K | $6K | 10x | as long as short |
| Binance BCHUSDT | −0.0050% | 8h | 270.66 | +0.004% | $75.3M | $233.7M | 75x | as long as short |
| MEXC BCH_USDT | −0.0050% | 8h | 271.11 | +0.170% | $71.0M | $6.6M | 200x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 270.40 | −0.091% | $116K | $653K | 25x | as long as short |
| Bybit BCHUSDT | −0.0047% | 8h | 270.60 | −0.019% | $39.5M | $33.0M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 270.55 | −0.039% | $5K | $248 | 10x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
Variational Omni BCH
SoDEX BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
Extended BCH-USD
Bybit BCHUSDT
dYdX BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXBCHPERP | 0.0000% | 8h | 270.87 | +0.081% | $1.3M | $11.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USDlong | L 0.0000% / S +0.0007% | 1h | 270.65 | long leg | $4K | — | 150x | |
| Gate BCH_USDT | +0.0003% | 8h | 270.53 | −0.045% | $8.4M | $14.8M | 75x | as long as short |
| Bitget BCHUSDT | +0.0008% | 8h | 270.66 | +0.003% | $19.5M | $29.4M | 75x | as long as short |
| GRVT BCH_USDT_Perp | +0.0015% | 8h | 270.09 | −0.207% | $394K | $17K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 270.59 | −0.023% | $243K | $2.1M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0025% | 8h | 270.51 | −0.052% | $2K | $176 | 10x | as long as short |
| BloFin BCH-USDT | +0.0070% | 8h | 270.36 | −0.108% | $4.0M | $4.2M | 50x | as long as short |
| BingX BCH-USDT | +0.0071% | 8h | 270.61 | −0.015% | — | $30.5M | — | as long as short |
| OKX BCH-USDT-SWAP | +0.0074% | 8h | 270.60 | −0.019% | $26.5M | $78.4M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 270.58 | −0.026% | $378K | $584K | 10x | as long as short |
| Nado BCH-PERP | +0.0100% | 1h | 270.39 | −0.097% | $444K | $428K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 270.94 | +0.107% | $6.1M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 270.58 | −0.026% | $218K | $703K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 270.36 | −0.108% | $164K | $468K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 270.65 | 0.000% | $9.3M | $8.0M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 269.97 | −0.251% | $19K | $289K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 269.96 | −0.255% | $73K | $213K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 270.30 | −0.130% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 270.44 | −0.078% | $778K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0112% | 1h | 270.84 | +0.068% | $821K | $3.2M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0342% / S −0.0467% | 1h | 270.90 | +0.092% | $26K | — | 100x | as long as short |
Kalshi KXBCHPERP
Gate BCH_USDT
Bitget BCHUSDT
GRVT BCH_USDT_Perp
Coinbase International BCH-PERP-INTX
Orderly PERP_BCH_USDC
BloFin BCH-USDT
BingX BCH-USDT
OKX BCH-USDT-SWAP
Lighter BCH
Nado BCH-PERP
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]