BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0767%/8h= −84.0% APRnext payment −$0.96 per $10,000 · paid last 24h −0.125%

Price spread now: Deribit against GMX−0.030%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Deribit is 0.030% cheaper against GMX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX BCH/USD [WBTC.b-USDC]	271.08	L +0.0335% / S −0.0340%	pay 0.0042% / 1h	57m 07s	$27K	—	100x
Short	Deribit BCH_USDC-PERPETUAL	271.00	−0.0432	pay 0.0054% / 1h	57m 07s	$458K	$266K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against GMX. 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 GMXbpFee DeribitbpOrdersPrice spread, now −0.030%Rate

Funding earned: −$161.16
Price spread: −0.030% → 0.000%: −$2.98
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$183.15
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Deribit: live order book, 22 min ago. Net counts fees only.

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 GMX no order-book sample	—	—	—	—	—
Sell Deribit live order book, 22 min ago	4.49 bp	8.1 bp −$8	15.2 bp −$152	doesn't fit	doesn't fit

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Deribit BCH_USDC-PERPETUALshort	−0.0432%	1h	271.00	−0.030%	$458K	$266K	25x
Phemex BCHUSDT	−0.0193%	8h	270.90	−0.067%	$4.9M	$6.5M	50x	as long as short
Variational Omni BCH	−0.0127%	8h	270.01	−0.394%	$83K	$294K	—	as long as short
Kraken Futures PF_BCHUSD	−0.0124%	1h	271.30	+0.080%	$821K	$3.2M	50x	as long as short
Bybit BCHUSDT	−0.0073%	8h	270.90	−0.067%	$39.6M	$33.1M	75x	as long as short
Injective BCH/USDC PERP	−0.0054%	1h	270.20	−0.326%	$721	$130K	12x	as long as short
MEXC BCH_USDT	−0.0033%	8h	271.40	+0.117%	$71.1M	$6.6M	200x	as long as short
Binance BCHUSDT	−0.0033%	8h	271.02	−0.022%	$75.4M	$234.6M	75x	as long as short
Extended BCH-USD	−0.0032%	1h	270.90	−0.069%	$117K	$653K	25x	as long as short
Coinbase International BCH-PERP-INTX	−0.0032%	1h	270.64	−0.163%	$241K	$2.1M	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX BCH-USD	0.0000%	1h	270.96	−0.046%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	271.17	+0.032%	$1.3M	$11.8M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	271.05	−0.011%	$5K	—	150x	as long as short
Gate BCH_USDT	+0.0009%	8h	270.95	−0.049%	$8.4M	$14.3M	75x	as long as short
GRVT BCH_USDT_Perp	+0.0020%	8h	270.20	−0.327%	$394K	$17K	10x	as long as short
SoDEX BCH-USD	+0.0022%	1h	270.99	−0.034%	$2K	$6K	10x	as long as short
Orderly PERP_BCH_USDC	+0.0024%	8h	270.95	−0.049%	$2K	$176	10x	as long as short
Bitget BCHUSDT	+0.0032%	8h	270.93	−0.056%	$19.7M	$29.6M	75x	as long as short
OKX BCH-USDT-SWAP	+0.0059%	8h	270.80	−0.104%	$26.6M	$79.1M	50x	as long as short
BingX BCH-USDT	+0.0060%	8h	270.92	−0.060%	—	$30.6M	—	as long as short
BloFin BCH-USDT	+0.0087%	8h	270.93	−0.056%	$4.0M	$4.2M	50x	as long as short
Lighter BCH	+0.0096%	1h	271.05	−0.013%	$375K	$554K	10x	as long as short
Nado BCH-PERP	+0.0100%	1h	270.78	−0.112%	$443K	$429K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	271.29	+0.076%	$6.1M	$4.2M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	271.02	−0.025%	$219K	$704K	75x	as long as short
Pacifica BCH	+0.0100%	1h	270.90	−0.067%	$165K	$467K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	271.10	+0.006%	$9.3M	$7.9M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	270.47	−0.227%	$19K	$289K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	270.50	−0.215%	$73K	$214K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	270.72	−0.134%	$2K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	270.77	−0.115%	$779K	$1.7M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]long	L +0.0335% / S −0.0340%	1h	271.08	long leg	$27K	—	100x