BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0242%/8h= −26.5% APRnext payment −$0.30 per $10,000 · paid last 24h −0.063%

Price spread now: Nado against GMX−0.078%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 Nado

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—+ Points / potential airdropNado: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Nado is 0.078% cheaper against GMX than usual: you would sell low and buy high (−$8 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]	271.78	L +0.0342% / S −0.0467%	pay 0.0043% / 1h	37m 24s	$26K	—	100x
Short	Nado BCH-PERP	271.57	0.0100	get 0.0012% / 1h	37m 24s	$446K	$427K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.078%Rate

Funding earned: −$50.91
Price spread: −0.078% → 0.000%: −$7.81
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$77.72
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Nado: live order book, 45 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 Nado live order book, 45 min ago	0.19 bp	7.0 bp −$7	19.1 bp −$191	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-PERPETUAL	−0.0986%	1h	271.47	−0.114%	$460K	$265K	25x	as long as short
Phemex BCHUSDT	−0.0213%	8h	271.33	−0.165%	$5.0M	$6.3M	50x	as long as short
Injective BCH/USDC PERP	−0.0154%	1h	270.20	−0.581%	$721	$130K	12x	as long as short
SoDEX BCH-USD	−0.0081%	1h	271.29	−0.180%	$2K	$6K	10x	as long as short
Variational Omni BCH	−0.0072%	8h	271.92	+0.051%	$87K	$291K	—	as long as short
MEXC BCH_USDT	−0.0060%	8h	272.06	+0.103%	$71.5M	$6.4M	200x	as long as short
Binance BCHUSDT	−0.0060%	8h	271.44	−0.126%	$75.6M	$232.7M	75x	as long as short
Extended BCH-USD	−0.0056%	1h	271.22	−0.207%	$117K	$653K	25x	as long as short
Gate BCH_USDT	−0.0014%	8h	271.54	−0.088%	$8.4M	$14.7M	75x	as long as short
Bybit BCHUSDT	−0.0012%	8h	271.26	−0.191%	$39.7M	$32.8M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BCHUSDT	−0.0007%	8h	271.31	−0.173%	$20.1M	$29.1M	75x	as long as short
dYdX BCH-USD	0.0000%	1h	271.84	+0.021%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	271.92	+0.052%	$1.1M	$11.6M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	271.56	−0.082%	$5K	—	150x	as long as short
GRVT BCH_USDT_Perp	+0.0014%	8h	271.66	−0.046%	$396K	$17K	10x	as long as short
Coinbase International BCH-PERP-INTX	+0.0016%	1h	272.31	+0.195%	$235K	$2.1M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0026%	8h	271.32	−0.169%	$2K	$176	10x	as long as short
BingX BCH-USDC	+0.0058%	8h	271.42	−0.132%	—	$6.5M	—	as long as short
BloFin BCH-USDT	+0.0059%	8h	271.55	−0.085%	$4.0M	$4.2M	50x	as long as short
OKX BCH-USDT-SWAP	+0.0066%	8h	271.20	−0.213%	$26.2M	$78.3M	50x	as long as short
Lighter BCH	+0.0096%	1h	271.90	+0.046%	$380K	$584K	10x	as long as short
Nado BCH-PERPshort	+0.0100%	1h	271.57	−0.078%	$446K	$427K	10x
Hyperliquid BCH	+0.0100%	1h	271.86	+0.030%	$6.1M	$4.2M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	271.76	−0.006%	$221K	$700K	75x	as long as short
Pacifica BCH	+0.0100%	1h	271.88	+0.036%	$165K	$468K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	271.78	0.000%	$9.2M	$8.0M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	271.65	−0.048%	$19K	$289K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	271.90	+0.044%	$74K	$214K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	271.12	−0.243%	$2K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	271.22	−0.206%	$787K	$1.7M	75x	as long as short
Kraken Futures PF_BCHUSD	+0.0112%	1h	271.49	−0.106%	$810K	$3.2M	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]long	L +0.0342% / S −0.0467%	1h	271.78	long leg	$26K	—	100x