Funding you earn now, next payment 00:00 UTC+0.0123%/8h= +13.5% APRnext payment +$1.23 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Gate−0.015%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$940.944% of the position
Funding, last 7 days+0.120%+$12 on $10k
+Price spread, last 3 days (all we have)−0.070%−$7 · spread now −0.015%, 7d avg −0.036%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and SunX is 0.022% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BCH_USDT | 270.82 | −0.0023 | get 0.0023% / 8h | 1h 55m | $8.4M | $14.6M | 75x |
| Short | SunX BCH-USDT | 270.78 | 0.0100 | get 0.0100% / 8h | 1h 55m | $2K | $2.0M | 30x |
Gate BCH_USDT
SunX BCH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $25.83
- Price spread: −0.015% → −0.036%
- $2.17
- Slippage, 4 orders
- −$71.4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$66.4
- Costs to cover
- 0.944%
- Break-even
- 25.0 days
Slippage from Gate: live order book, 3 min ago; SunX: live order book, 11 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, 3 min ago | 2.80 bp | 14.0 bp −$14 | 23.1 bp −$231 | 32.6 bp −$3,261 | 44.1 bp −$22.1K |
| Sell SunX live order book, 11 min ago | 19.61 bp | 29.0 bp −$29 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex BCHUSDT | −0.0224% | 8h | 270.86 | +0.015% | $4.9M | $6.3M | 50x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 268.50 | −0.857% | $716 | $110K | 12x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0112% | 1h | 270.99 | +0.062% | $459K | $263K | 25x | as long as short |
| Nado BCH-PERP | −0.0085% | 1h | 270.97 | +0.056% | $444K | $427K | 10x | as long as short |
| MEXC BCH_USDT | −0.0082% | 8h | 271.68 | +0.318% | $71.9M | $6.3M | 200x | as long as short |
| Binance BCHUSDT | −0.0080% | 8h | 270.84 | +0.007% | $74.6M | $231.6M | 75x | as long as short |
| Extended BCH-USD | −0.0080% | 1h | 270.79 | −0.010% | $117K | $653K | 25x | as long as short |
| Variational Omni BCH | −0.0071% | 8h | 269.23 | −0.588% | $86K | $291K | — | as long as short |
| Bitget BCHUSDT | −0.0025% | 8h | 270.67 | −0.055% | $20.1M | $29.0M | 75x | as long as short |
| Gate BCH_USDTlong | −0.0023% | 8h | 270.82 | long leg | $8.4M | $14.6M | 75x |
Phemex BCHUSDT
Injective BCH/USDC PERP
Deribit BCH_USDC-PERPETUAL
Nado BCH-PERP
MEXC BCH_USDT
Binance BCHUSDT
Extended BCH-USD
Variational Omni BCH
Bitget BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BCH_USDT_Perp | −0.0006% | 8h | 268.37 | −0.903% | $391K | $17K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 271.03 | +0.079% | $5K | $248 | 10x | as long as short |
| Bybit BCHUSDT | 0.0000% | 8h | 270.70 | −0.044% | $39.8M | $32.5M | 75x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 270.36 | −0.170% | $1.2M | $11.4M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 271.16 | +0.125% | $5K | — | 150x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 271.06 | +0.089% | $235K | $2.1M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0026% | 8h | 271.01 | +0.070% | $2K | $176 | 10x | as long as short |
| BingX BCH-USDC | +0.0038% | 8h | 270.75 | −0.026% | — | $6.5M | — | as long as short |
| BloFin BCH-USDT | +0.0040% | 8h | 270.82 | 0.000% | $4.0M | $4.2M | 50x | as long as short |
| OKX BCH-USDT-SWAP | +0.0045% | 8h | 270.70 | −0.044% | $26.3M | $77.4M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 270.93 | +0.042% | $380K | $583K | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 271.09 | +0.101% | $238K | $700K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 271.05 | +0.086% | $171K | $455K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 271.08 | +0.096% | $9.0M | $7.9M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 268.15 | −0.988% | $19K | $288K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 268.56 | −0.835% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDTshort | +0.0100% | 8h | 270.78 | −0.015% | $2K | $2.0M | 30x | |
| SoDEX BCH-USD | +0.0100% | 1h | 270.92 | +0.037% | $2K | $6K | 10x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 271.00 | +0.066% | $790K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0112% | 1h | 271.16 | +0.124% | $810K | $3.2M | 50x | as long as short |
| Hyperliquid BCH | +0.0152% | 1h | 271.07 | +0.092% | $6.1M | $4.2M | 10x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0342% / S −0.0467% | 1h | 271.19 | +0.137% | $26K | — | 100x | as long as short |
GRVT BCH_USDT_Perp
dYdX BCH-USD
Bybit BCHUSDT
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Coinbase International BCH-PERP-INTX
Orderly PERP_BCH_USDC
BingX BCH-USDC
BloFin BCH-USDT
OKX BCH-USDT-SWAP
Lighter BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SoDEX BCH-USD
HTX BCH-USDT
Kraken Futures PF_BCHUSD
Hyperliquid BCH
GMX BCH/USD [WBTC.b-USDC]