Funding you earn now, next payment 08:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.41 per $10,000 · paid last 24h −0.005%
Price spread now: Binance against Gate−0.023%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$420.421% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 7 days+0.030%+$3 · spread now −0.023%, 7d avg −0.006%
=The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BCH_USDT | 265.26 | −0.0003 | get 0.0003% / 8h | 1h 08m | $8.4M | $13.9M | 75x |
| Short | Binance BCHUSDT | 265.20 | −0.0044 | pay 0.0044% / 8h | 1h 08m | $73.0M | $220.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- −$8.59
- Price spread: −0.023% → −0.006%
- −$1.71
- Slippage, 4 orders
- −$17.05
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$52.35
- Costs to cover
- 0.421%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; Binance: live order book, 5 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 Gate live order book, 5 min ago | 0.94 bp | 11.7 bp −$12 | 15.0 bp −$150 | 35.9 bp −$3,586 | 50.0 bp −$25.0K |
| Sell Binance live order book, 5 min ago | 0.19 bp | 8.5 bp −$8 | 17.3 bp −$173 | 47.4 bp −$4,738 | 130.2 bp −$65.1K |
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 | −0.0349% | 1h | 265.28 | +0.008% | $2K | $8K | 10x | as long as short |
| HTX BCH-USDT | −0.0155% | 8h | 265.14 | −0.045% | $775K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0155% | 8h | 265.34 | +0.030% | $4.9M | $6.6M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0103% | 1h | 265.50 | +0.089% | $864K | $2.9M | 50x | as long as short |
| KuCoin BCHUSDTM | −0.0091% | 8h | 265.37 | +0.041% | $8.5M | $6.6M | 75x | as long as short |
| Variational Omni BCH | −0.0090% | 8h | 265.10 | −0.060% | $81K | $196K | — | as long as short |
| Bitget BCHUSDT | −0.0078% | 8h | 265.31 | +0.019% | $18.9M | $28.3M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0071% | 8h | 265.10 | −0.060% | $25.3M | $77.9M | 50x | as long as short |
| Bybit BCHUSDT | −0.0065% | 8h | 265.12 | −0.053% | $38.9M | $31.8M | 75x | as long as short |
| Binance BCHUSDTshort | −0.0044% | 8h | 265.20 | −0.023% | $73.0M | $220.5M | 75x |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0043% | 8h | 265.57 | +0.117% | $70.9M | $8.8M | 200x | as long as short |
| Extended BCH-USD | −0.0040% | 1h | 265.01 | −0.095% | $111K | $817K | 25x | as long as short |
| BingX BCH-USDT | −0.0034% | 8h | 265.25 | −0.004% | — | $32.9M | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0025% | 8h | 265.34 | +0.030% | $387K | $17K | 10x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 265.47 | +0.079% | $15K | — | 150x | as long as short |
| Gate BCH_USDTlong | −0.0003% | 8h | 265.26 | long leg | $8.4M | $13.9M | 75x | |
| dYdX BCH-USD | 0.0000% | 1h | 265.47 | +0.081% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.58 | +0.121% | $986K | $10.5M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 265.45 | +0.072% | $442K | $337K | 25x | as long as short |
| Nado BCH-PERP | 0.0000% | 1h | 265.08 | −0.068% | $435K | $357K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0008% | 1h | 265.90 | +0.241% | $225K | $1.9M | 50x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.862% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0045% | 8h | 265.31 | +0.019% | $2K | $176 | 10x | as long as short |
| Aster BCHUSDT | +0.0053% | 8h | 265.18 | −0.031% | $137K | $590K | 75x | as long as short |
| BloFin BCH-USDT | +0.0076% | 8h | 265.20 | −0.023% | $3.9M | $4.5M | 50x | as long as short |
| SunX BCH-USDT | +0.0096% | 8h | 265.18 | −0.030% | $2K | $1.7M | 30x | as long as short |
| Lighter BCH | +0.0096% | 1h | 265.34 | +0.032% | $353K | $496K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.37 | +0.043% | $5.7M | $4.7M | 10x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 265.18 | −0.030% | $159K | $311K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 265.18 | −0.030% | $18K | $343K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 265.29 | +0.011% | $95K | $239K | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0202% / S −0.0147% | 1h | 265.45 | +0.070% | $12K | — | 100x | as long as short |
Gate BCH_USDT
Binance BCHUSDT
SoDEX BCH-USD
HTX BCH-USDT
Phemex BCHUSDT
Kraken Futures PF_BCHUSD
KuCoin BCHUSDTM
Variational Omni BCH
Bitget BCHUSDT
OKX BCH-USDT-SWAP
Bybit BCHUSDT
MEXC BCH_USDT
Extended BCH-USD
BingX BCH-USDT
GRVT BCH_USDT_Perp
gTrade (Gains Network) BCH/USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Coinbase International BCH-PERP-INTX
Injective BCH/USDC PERP
Aster BCHUSDT
BloFin BCH-USDT
SunX BCH-USDT
Lighter BCH
Hyperliquid BCH
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
GMX BCH/USD [WBTC.b-USDC]