BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0168%/8h= +18.4% APRnext payment +$1.68 per $10,000 · paid last 24h +0.021%

Price spread now: BingX against GRVT−0.202%7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$370.372% of the position

Long on GRVT Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.071%+$7 on $10k

Price spread, last 4 days (all we have)−0.190%−$19 · spread now −0.202%, 7d avg +0.005%

Together, before fees−0.119%+ Points / potential airdropGRVT: Active · farm board−$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.207% cheaper against GRVT than usual: you would sell low and buy high (spread −0.202% now, against its 7-day average of +0.005%). If the spread goes back, that is −$21 on $10k: about 4.1 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.071% in total) that is about 20 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT BCH_USDT_Perp	264.94	−0.0203	get 0.0203% / 8h	6h 08m	$386K	$17K	10x
Short	BingX BCH-USDT	264.40	−0.0035	pay 0.0035% / 8h	6h 08m	—	$32.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against GRVT. 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 GRVTbpFee BingXbpOrdersPrice spread, now −0.202%Rate

Funding earned: $35.28
Price spread: −0.202% → +0.005%: −$20.71
Slippage, 4 orders: −$18.19
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee BingX: 5 bp × 2 orders: −$10
Net: −$22.63
Costs to cover: 0.372%
Break-even: 11.5 days

Slippage from GRVT: live order book, 59 min ago; BingX: live order book, 15 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 GRVT live order book, 59 min ago	1.49 bp	12.1 bp −$12	24.4 bp −$244	doesn't fit	doesn't fit
Sell BingX live order book, 15 min ago	0.56 bp	6.3 bp −$6	8.1 bp −$81	12.8 bp −$1,281	26.8 bp −$13.4K

BCH on 31 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	−0.1327%	8h	264.13	−0.304%	$1K	$1.8M	30x	as long as short
SoDEX BCH-USD	−0.0520%	1h	264.18	−0.286%	$2K	$8K	10x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0517%	1h	264.31	−0.237%	$447K	$255K	25x	as long as short
Phemex BCHUSDT	−0.0437%	8h	264.16	−0.293%	$4.9M	$6.6M	50x	as long as short
HTX BCH-USDT	−0.0418%	8h	264.14	−0.301%	$774K	$1.6M	75x	as long as short
Kraken Futures PF_BCHUSD	−0.0301%	1h	264.46	−0.179%	$848K	$3.1M	50x	as long as short
GRVT BCH_USDT_Perplong	−0.0203%	8h	264.94	long leg	$386K	$17K	10x
Gate BCH_USDT	−0.0144%	8h	264.43	−0.191%	$8.3M	$13.6M	75x	as long as short
ApeX Omni BCHUSDT	−0.0140%	1h	265.04	+0.039%	$97K	$226K	50x	as long as short
Variational Omni BCH	−0.0117%	8h	264.80	−0.050%	$81K	$231K	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BCH-USD	−0.0112%	1h	264.28	−0.246%	$112K	$964K	25x	as long as short
Coinbase International BCH-PERP-INTX	−0.0112%	1h	264.66	−0.104%	$231K	$2.0M	50x	as long as short
Binance BCHUSDT	−0.0109%	8h	264.33	−0.229%	$71.5M	$228.8M	75x	as long as short
MEXC BCH_USDT	−0.0107%	8h	264.63	−0.116%	$69.8M	$7.1M	200x	as long as short
Bybit BCHUSDT	−0.0074%	8h	264.40	−0.202%	$39.1M	$33.0M	75x	as long as short
Nado BCH-PERP	−0.0072%	1h	264.25	−0.259%	$418K	$376K	10x	as long as short
OKX BCH-USDT-SWAP	−0.0053%	8h	264.30	−0.240%	$25.2M	$77.7M	50x	as long as short
Bitget BCHUSDT	−0.0047%	8h	264.31	−0.236%	$18.9M	$29.2M	75x	as long as short
BingX BCH-USDTshort	−0.0035%	8h	264.40	−0.202%	—	$32.3M	—
KuCoin BCHUSDTM	−0.0005%	8h	264.48	−0.172%	$8.6M	$7.5M	75x	as long as short
dYdX BCH-USD	0.0000%	1h	264.65	−0.109%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	264.72	−0.082%	$1.1M	$10.7M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	264.43	−0.190%	$4K	—	150x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.987%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0035%	8h	264.22	−0.270%	$2K	$176	10x	as long as short
Pacifica BCH	+0.0040%	1h	264.33	−0.229%	$161K	$379K	10x	as long as short
Lighter BCH	+0.0096%	1h	264.24	−0.261%	$364K	$478K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	264.43	−0.191%	$5.7M	$4.7M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	264.48	−0.173%	$167K	$697K	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	264.87	−0.026%	$19K	$291K	20x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0333% / S −0.0451%	1h	264.41	−0.198%	$25K	—	100x	as long as short