BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0108%/8h= +11.8% APRnext payment +$1.08 per $10,000 · paid last 24h +0.031%

Price spread now: BloFin against Gate+0.068%93s7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$460.457% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.206%+$21 on $10k

Price spread, last 4 days (all we have)−0.225%−$23 · spread now +0.068%, 7d avg −0.011%

Together, before fees−0.019%−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.079% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.011%. The two prices were read 93 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	Gate BCH_USDT	264.85	−0.0092	get 0.0092% / 8h	4h 53m	$8.3M	$13.3M	75x
Short	BloFin BCH-USDT	265.03	0.0016	get 0.0016% / 8h	4h 53m	$4.0M	$4.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now +0.068%Rate

Funding earned: $22.61
Price spread: +0.068% → −0.011%: $7.87
Slippage, 4 orders: −$18.7
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$15.23
Costs to cover: 0.457%
Break-even: 11.7 days

Slippage from Gate: live order book, 5 min ago; BloFin: 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	2.46 bp	13.2 bp −$13	19.5 bp −$195	32.5 bp −$3,250	47.1 bp −$23.5K
Sell BloFin live order book, 5 min ago	0.57 bp	8.0 bp −$8	13.9 bp −$139	32.3 bp −$3,230	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
SunX BCH-USDT	−0.0866%	8h	264.65	−0.076%	$2K	$1.7M	30x	as long as short
ApeX Omni BCHUSDT	−0.0625%	1h	264.10	−0.283%	$96K	$228K	50x	as long as short
HTX BCH-USDT	−0.0349%	8h	264.96	+0.042%	$773K	$1.4M	75x	as long as short
Phemex BCHUSDT	−0.0343%	8h	264.86	+0.004%	$4.9M	$6.4M	50x	as long as short
SoDEX BCH-USD	−0.0325%	1h	264.86	+0.004%	$2K	$8K	10x	as long as short
Nado BCH-PERP	−0.0197%	1h	264.95	+0.038%	$421K	$339K	10x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0127%	1h	264.98	+0.047%	$443K	$331K	25x	as long as short
GRVT BCH_USDT_Perp	−0.0122%	8h	264.00	−0.321%	$385K	$17K	10x	as long as short
Extended BCH-USD	−0.0104%	1h	264.58	−0.102%	$112K	$952K	25x	as long as short
Coinbase International BCH-PERP-INTX	−0.0104%	1h	265.07	+0.083%	$221K	$1.8M	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BCHUSDT	−0.0104%	8h	264.81	−0.017%	$72.1M	$213.3M	75x	as long as short
MEXC BCH_USDT	−0.0103%	8h	265.29	+0.166%	$69.9M	$7.2M	200x	as long as short
Gate BCH_USDTlong	−0.0092%	8h	264.85	long leg	$8.3M	$13.3M	75x
Variational Omni BCH	−0.0092%	8h	265.11	+0.097%	$81K	$201K	—	as long as short
OKX BCH-USDT-SWAP	−0.0084%	8h	264.70	−0.057%	$25.0M	$74.1M	50x	as long as short
KuCoin BCHUSDTM	−0.0078%	8h	264.89	+0.015%	$8.5M	$7.1M	75x	as long as short
Bitget BCHUSDT	−0.0073%	8h	264.86	+0.004%	$19.0M	$28.1M	75x	as long as short
BingX BCH-USDT	−0.0039%	8h	264.92	+0.026%	—	$32.1M	—	as long as short
Bybit BCHUSDT	−0.0028%	8h	264.72	−0.049%	$39.1M	$30.9M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	265.04	+0.070%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	265.05	+0.077%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	265.27	+0.159%	$1.1M	$10.2M	2.7x	as long as short
Kraken Futures PF_BCHUSD	+0.0011%	1h	265.10	+0.093%	$849K	$3.0M	50x	as long as short
BloFin BCH-USDTshort	+0.0016%	8h	265.03	+0.068%	$4.0M	$4.2M	50x
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.020%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0034%	8h	264.79	−0.023%	$2K	$176	10x	as long as short
Pacifica BCH	+0.0077%	1h	264.86	+0.002%	$161K	$321K	10x	as long as short
Lighter BCH	+0.0096%	1h	264.86	+0.005%	$362K	$482K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.08	+0.086%	$5.7M	$4.6M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	265.13	+0.104%	$168K	$519K	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	264.02	−0.314%	$19K	$289K	20x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0356% / S −0.0525%	1h	264.98	+0.050%	$25K	—	100x	as long as short