Funding you earn now, next payment 04:00 UTC−0.0273%/8h= −29.9% APRnext payment −$0.34 per $10,000 · paid last 24h −0.047%
Price spread now: Pacifica against GMX−0.120%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Pacifica is 0.120% cheaper against GMX than usual: you would sell low and buy high (−$12 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] | 264.65 | L +0.0350% / S −0.0506% | pay 0.0044% / 1h | 4m 27s | $24K | — | 100x |
| Short | Pacifica BCH | 264.34 | 0.0077 | get 0.0010% / 1h | 4m 27s | $159K | $304K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against GMX. 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
- −$57.37
- Price spread: −0.120% → 0.000%
- −$12.04
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$89.4
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Pacifica: live order book, 54 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 Pacifica live order book, 54 min ago | 0.19 bp | 8.3 bp −$8 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BCH-USDT | −0.0388% | 8h | 264.30 | −0.134% | $1K | $1.7M | 30x | as long as short |
| SoDEX BCH-USD | −0.0293% | 1h | 264.44 | −0.081% | $2K | $8K | 10x | as long as short |
| Phemex BCHUSDT | −0.0266% | 8h | 264.47 | −0.070% | $4.9M | $6.4M | 50x | as long as short |
| Nado BCH-PERP | −0.0256% | 1h | 264.35 | −0.114% | $430K | $342K | 10x | as long as short |
| HTX BCH-USDT | −0.0233% | 8h | 264.34 | −0.119% | $771K | $1.4M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0104% | 1h | 265.19 | +0.202% | $225K | $1.8M | 50x | as long as short |
| OKX BCH-USDT-SWAP | −0.0099% | 8h | 264.20 | −0.172% | $25.2M | $75.2M | 50x | as long as short |
| Binance BCHUSDT | −0.0088% | 8h | 264.43 | −0.085% | $71.8M | $214.7M | 75x | as long as short |
| Extended BCH-USD | −0.0088% | 1h | 264.14 | −0.195% | $112K | $956K | 25x | as long as short |
| KuCoin BCHUSDTM | −0.0088% | 8h | 264.50 | −0.058% | $8.5M | $7.0M | 75x | 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 | 264.84 | +0.070% | $70.2M | $7.9M | 200x | as long as short |
| Bitget BCHUSDT | −0.0078% | 8h | 264.43 | −0.085% | $18.9M | $28.1M | 75x | as long as short |
| Variational Omni BCH | −0.0074% | 8h | 264.20 | −0.170% | $81K | $197K | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0060% | 8h | 265.18 | +0.200% | $387K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0051% | 8h | 264.29 | −0.138% | $8.3M | $13.7M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 264.73 | +0.028% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 264.45 | −0.076% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.03 | +0.142% | $1.0M | $10.3M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 264.61 | −0.018% | $443K | $331K | 25x | as long as short |
| Bybit BCHUSDT | +0.0005% | 8h | 264.30 | −0.134% | $39.0M | $31.1M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0011% | 1h | 264.66 | +0.003% | $852K | $3.0M | 50x | as long as short |
| BingX BCH-USDC | +0.0014% | 8h | 264.36 | −0.111% | — | $6.5M | — | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.095% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0033% | 8h | 264.46 | −0.074% | $3.9M | $4.3M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0040% | 8h | 264.47 | −0.070% | $2K | $176 | 10x | as long as short |
| Pacifica BCHshort | +0.0077% | 1h | 264.34 | −0.120% | $159K | $304K | 10x | |
| Lighter BCH | +0.0096% | 1h | 264.29 | −0.139% | $356K | $489K | 10x | as long as short |
| Aster BCHUSDT | +0.0096% | 8h | 264.50 | −0.058% | $162K | $538K | 75x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 264.80 | +0.055% | $5.7M | $4.6M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 265.07 | +0.158% | $19K | $289K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 265.21 | +0.210% | $97K | $231K | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC]long | L +0.0350% / S −0.0506% | 1h | 264.65 | long leg | $24K | — | 100x |
GMX BCH/USD [WBTC.b-USDC]
Pacifica BCH
SunX BCH-USDT
SoDEX BCH-USD
Phemex BCHUSDT
HTX BCH-USDT
Coinbase International BCH-PERP-INTX
OKX BCH-USDT-SWAP
Binance BCHUSDT
Extended BCH-USD
KuCoin BCHUSDTM
MEXC BCH_USDT
Bitget BCHUSDT
Variational Omni BCH
GRVT BCH_USDT_Perp
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Bybit BCHUSDT
Kraken Futures PF_BCHUSD
BingX BCH-USDC
Injective BCH/USDC PERP
BloFin BCH-USDT
Lighter BCH
Aster BCHUSDT
Hyperliquid BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT