Funding you earn now, next payment 02:00 UTC+0.0190%/8h= +20.9% APRpaid last 24h +0.010%
Price spread now: Pacifica against Gate−0.065%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$490.494% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)+0.108%+$11 · spread now −0.065%, 7d avg +0.012%
=Together, before fees+0.091%+ Points / potential airdropPacifica: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.078% cheaper against Gate than usual: you would sell low and buy high (spread −0.065% now, against its 7-day average of +0.012%). If the spread goes back, that is −$8 on $10k: about 33 hours of funding at the current rate (+$6 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.018% in total (about -0.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BCH_USDT | 265.71 | −0.0150 | get 0.0150% / 8h | 6h 51m | $8.4M | $13.2M | 75x |
| Short | Pacifica BCH | 265.54 | 0.0040 | get 0.0005% / 1h | 51m 22s | $161K | $407K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $40
- Price spread: −0.065% → +0.012%
- −$7.79
- Slippage, 4 orders
- −$26.43
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$17.22
- Costs to cover
- 0.494%
- Break-even
- 10.0 days
Slippage from Gate: live order book, 2 min ago; Pacifica: live order book, 17 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, 2 min ago | 1.69 bp | 13.0 bp −$13 | 19.0 bp −$190 | 36.1 bp −$3,614 | 50.3 bp −$25.2K |
| Sell Pacifica live order book, 17 min ago | 4.27 bp | 11.4 bp −$11 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX BCH-USD | −0.0454% | 1h | 265.79 | +0.030% | $2K | $6K | 10x | as long as short |
| Phemex BCHUSDT | −0.0426% | 8h | 265.81 | +0.038% | $4.9M | $6.5M | 50x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0412% | 1h | 265.88 | +0.063% | $449K | $266K | 25x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0299% | 1h | 266.03 | +0.121% | $853K | $3.1M | 50x | as long as short |
| ApeX Omni BCHUSDT | −0.0237% | 1h | 265.52 | −0.072% | $97K | $227K | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0218% | 8h | 265.32 | −0.147% | $387K | $17K | 10x | as long as short |
| Gate BCH_USDTlong | −0.0150% | 8h | 265.71 | long leg | $8.4M | $13.2M | 75x | |
| Variational Omni BCH | −0.0125% | 8h | 264.31 | −0.527% | $81K | $285K | — | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0112% | 1h | 265.93 | +0.083% | $236K | $2.1M | 50x | as long as short |
| Extended BCH-USD | −0.0088% | 1h | 265.48 | −0.085% | $112K | $966K | 25x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0086% | 8h | 265.93 | +0.083% | $69.7M | $6.8M | 200x | as long as short |
| Binance BCHUSDT | −0.0085% | 8h | 265.57 | −0.053% | $71.7M | $233.4M | 75x | as long as short |
| Bybit BCHUSDT | −0.0078% | 8h | 265.60 | −0.041% | $39.1M | $33.3M | 75x | as long as short |
| HTX BCH-USDT | −0.0050% | 8h | 266.02 | +0.117% | $778K | $1.6M | 75x | as long as short |
| SunX BCH-USDT | −0.0048% | 8h | 265.67 | −0.015% | $1K | $1.9M | 30x | as long as short |
| Bitget BCHUSDT | −0.0031% | 8h | 265.53 | −0.068% | $19.1M | $29.8M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0029% | 8h | 265.70 | −0.004% | $25.8M | $76.6M | 50x | as long as short |
| BingX BCH-USDC | −0.0012% | 8h | 265.55 | −0.060% | — | $6.5M | — | as long as short |
| Nado BCH-PERP | −0.0002% | 1h | 265.56 | −0.056% | $434K | $425K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.76 | +0.018% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 266.18 | +0.177% | $1.1M | $11.0M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 265.74 | +0.012% | $4K | — | 150x | as long as short |
| Orderly PERP_BCH_USDC | +0.0029% | 8h | 265.60 | −0.041% | $2K | $176 | 10x | as long as short |
| BloFin BCH-USDT | +0.0033% | 8h | 265.48 | −0.087% | $3.9M | $4.2M | 50x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.690% | $721 | $130K | 12x | as long as short |
| Pacifica BCHshort | +0.0040% | 1h | 265.54 | −0.065% | $161K | $407K | 10x | |
| KuCoin BCHUSDTM | +0.0086% | 8h | 265.60 | −0.041% | $8.6M | $7.6M | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 265.50 | −0.077% | $365K | $478K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.82 | +0.041% | $5.8M | $5.0M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 265.62 | −0.034% | $169K | $688K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 265.13 | −0.220% | $19K | $291K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0333% / S −0.0451% | 1h | 266.04 | +0.123% | $25K | — | 100x | as long as short |
Gate BCH_USDT
Pacifica BCH
SoDEX BCH-USD
Phemex BCHUSDT
Deribit BCH_USDC-PERPETUAL
Kraken Futures PF_BCHUSD
ApeX Omni BCHUSDT
GRVT BCH_USDT_Perp
Variational Omni BCH
Coinbase International BCH-PERP-INTX
Extended BCH-USD
MEXC BCH_USDT
Binance BCHUSDT
Bybit BCHUSDT
HTX BCH-USDT
SunX BCH-USDT
Bitget BCHUSDT
OKX BCH-USDT-SWAP
BingX BCH-USDC
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
BloFin BCH-USDT
Injective BCH/USDC PERP
KuCoin BCHUSDTM
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]