Funding you earn now, next payment 08:00 UTC+0.0089%/8h= +9.7% APRnext payment +$0.89 per $10,000 · paid last 24h −0.012%
Price spread now: Bybit against Gate+0.015%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$460.464% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 7 days−0.050%−$5 · spread now +0.015%, 7d avg −0.035%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.051% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BCH_USDT | 264.58 | −0.0094 | get 0.0094% / 8h | 4h 32m | $8.4M | $13.5M | 75x |
| Short | Bybit BCHUSDT | 264.62 | −0.0005 | pay 0.0005% / 8h | 4h 32m | $39.1M | $31.0M | 75x |
Gate BCH_USDT
Bybit BCHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $18.69
- Price spread: +0.015% → −0.035%
- $5.05
- Slippage, 4 orders
- −$20.37
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$22.62
- Costs to cover
- 0.464%
- Break-even
- 15.5 days
Slippage from Gate: live order book, 1 min ago; Bybit: live order book, 1 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, 1 min ago | 1.70 bp | 12.4 bp −$12 | 18.7 bp −$187 | 29.7 bp −$2,968 | 40.9 bp −$20.4K |
| Sell Bybit live order book, 1 min ago | 1.89 bp | 10.0 bp −$10 | 18.0 bp −$180 | 80.4 bp −$8,043 | 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 | −0.0620% | 8h | 264.05 | −0.200% | $1K | $1.7M | 30x | as long as short |
| HTX BCH-USDT | −0.0289% | 8h | 264.49 | −0.034% | $771K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0273% | 8h | 264.57 | −0.004% | $4.9M | $6.4M | 50x | as long as short |
| Nado BCH-PERP | −0.0253% | 1h | 264.35 | −0.087% | $427K | $341K | 10x | as long as short |
| SoDEX BCH-USD | −0.0251% | 1h | 264.55 | −0.011% | $2K | $8K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0104% | 1h | 263.79 | −0.299% | $218K | $1.8M | 50x | as long as short |
| OKX BCH-USDT-SWAP | −0.0098% | 8h | 264.70 | +0.045% | $24.9M | $74.6M | 50x | as long as short |
| Binance BCHUSDT | −0.0098% | 8h | 264.73 | +0.057% | $72.0M | $214.0M | 75x | as long as short |
| MEXC BCH_USDT | −0.0098% | 8h | 265.08 | +0.189% | $70.2M | $7.8M | 200x | as long as short |
| Extended BCH-USD | −0.0096% | 1h | 264.59 | +0.004% | $115K | $950K | 25x | as long as short |
SunX BCH-USDT
HTX BCH-USDT
Phemex BCHUSDT
Nado BCH-PERP
SoDEX BCH-USD
Coinbase International BCH-PERP-INTX
OKX BCH-USDT-SWAP
Binance BCHUSDT
MEXC BCH_USDT
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BCH_USDT_Perp | −0.0095% | 8h | 263.77 | −0.306% | $385K | $17K | 10x | as long as short |
| Gate BCH_USDTlong | −0.0094% | 8h | 264.58 | long leg | $8.4M | $13.5M | 75x | |
| KuCoin BCHUSDTM | −0.0094% | 8h | 264.54 | −0.015% | $8.5M | $7.1M | 75x | as long as short |
| Variational Omni BCH | −0.0083% | 8h | 263.10 | −0.558% | $81K | $201K | — | as long as short |
| Bitget BCHUSDT | −0.0078% | 8h | 264.69 | +0.042% | $19.0M | $28.1M | 75x | as long as short |
| BingX BCH-USDC | −0.0011% | 8h | 264.74 | +0.060% | — | $6.5M | — | as long as short |
| Bybit BCHUSDTshort | −0.0005% | 8h | 264.62 | +0.015% | $39.1M | $31.0M | 75x | |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 264.58 | 0.000% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 263.97 | −0.231% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 264.51 | −0.026% | $1.0M | $10.3M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 264.75 | +0.064% | $443K | $331K | 25x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0011% | 1h | 264.82 | +0.089% | $849K | $3.0M | 50x | as long as short |
| BloFin BCH-USDT | +0.0022% | 8h | 264.56 | −0.008% | $3.9M | $4.2M | 50x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.124% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0035% | 8h | 264.58 | 0.000% | $2K | $176 | 10x | as long as short |
| Pacifica BCH | +0.0077% | 1h | 264.05 | −0.199% | $161K | $306K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 264.62 | +0.016% | $358K | $487K | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 264.55 | −0.010% | $166K | $516K | 75x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 264.83 | +0.094% | $5.7M | $4.6M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 263.61 | −0.367% | $19K | $289K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 263.92 | −0.249% | $96K | $230K | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0356% / S −0.0525% | 1h | 264.58 | +0.001% | $25K | — | 100x | as long as short |
GRVT BCH_USDT_Perp
KuCoin BCHUSDTM
Variational Omni BCH
Bitget BCHUSDT
BingX BCH-USDC
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Kraken Futures PF_BCHUSD
BloFin BCH-USDT
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
Pacifica BCH
Lighter BCH
Aster BCHUSDT
Hyperliquid BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
GMX BCH/USD [WBTC.b-USDC]