Funding you earn now, next payment 00:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.12 per $10,000 · paid last 24h +0.020%
Price spread now: Bitget against GRVT+0.112%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$380.384% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 3 days (all we have)−0.193%−$19 · spread now +0.112%, 7d avg −0.014%
=Together, before fees−0.174%+ Points / potential airdropGRVT: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bitget is 0.126% dearer against GRVT than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT BCH_USDT_Perp | 269.98 | 0.0017 | pay 0.0017% / 8h | 1h 01m | $393K | $17K | 10x |
| Short | Bitget BCHUSDT | 270.28 | 0.0029 | get 0.0029% / 8h | 1h 01m | $19.6M | $29.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against GRVT. 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
- $2.52
- Price spread: +0.112% → −0.014%
- $12.6
- Slippage, 4 orders
- −$17.4
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$23.29
- Costs to cover
- 0.384%
- Break-even
- 71.7 days
Slippage from GRVT: live order book, 16 min ago; Bitget: live order book, 3 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, 16 min ago | 0.93 bp | 11.6 bp −$12 | 28.6 bp −$286 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.19 bp | 9.2 bp −$9 | 15.8 bp −$158 | 37.9 bp −$3,790 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0305% | 1h | 270.17 | +0.072% | $458K | $265K | 25x | as long as short |
| Phemex BCHUSDT | −0.0188% | 8h | 270.07 | +0.035% | $4.9M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0173% | 1h | 270.07 | +0.035% | $2K | $6K | 10x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 270.20 | +0.083% | $721 | $130K | 12x | as long as short |
| Variational Omni BCH | −0.0126% | 8h | 269.81 | −0.060% | $83K | $294K | — | as long as short |
| Bybit BCHUSDT | −0.0070% | 8h | 270.18 | +0.075% | $39.5M | $33.1M | 75x | as long as short |
| Extended BCH-USD | −0.0040% | 1h | 270.05 | +0.028% | $116K | $653K | 25x | as long as short |
| Binance BCHUSDT | −0.0037% | 8h | 270.37 | +0.146% | $75.2M | $234.7M | 75x | as long as short |
| MEXC BCH_USDT | −0.0036% | 8h | 270.81 | +0.309% | $70.9M | $6.7M | 200x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 270.41 | +0.161% | $5K | $248 | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXBCHPERP | 0.0000% | 8h | 270.09 | +0.042% | $1.3M | $11.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 270.45 | +0.177% | $4K | — | 150x | as long as short |
| Gate BCH_USDT | +0.0010% | 8h | 270.24 | +0.097% | $8.4M | $14.9M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 270.48 | +0.186% | $241K | $2.1M | 50x | as long as short |
| GRVT BCH_USDT_Perplong | +0.0017% | 8h | 269.98 | long leg | $393K | $17K | 10x | |
| Orderly PERP_BCH_USDC | +0.0024% | 8h | 270.33 | +0.131% | $2K | $176 | 10x | as long as short |
| Bitget BCHUSDTshort | +0.0029% | 8h | 270.28 | +0.112% | $19.6M | $29.6M | 75x | |
| OKX BCH-USDT-SWAP | +0.0056% | 8h | 270.20 | +0.083% | $26.6M | $78.8M | 50x | as long as short |
| BingX BCH-USDC | +0.0059% | 8h | 270.33 | +0.131% | — | $6.5M | — | as long as short |
| BloFin BCH-USDT | +0.0081% | 8h | 270.28 | +0.112% | $4.0M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 270.29 | +0.116% | $378K | $588K | 10x | as long as short |
| Nado BCH-PERP | +0.0097% | 1h | 270.18 | +0.075% | $443K | $429K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 270.52 | +0.201% | $6.1M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 270.20 | +0.083% | $218K | $704K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 270.23 | +0.095% | $164K | $467K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 270.24 | +0.097% | $9.3M | $8.0M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 270.31 | +0.124% | $19K | $291K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 270.41 | +0.160% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 269.92 | −0.021% | $1K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 270.01 | +0.012% | $776K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0113% | 1h | 270.37 | +0.147% | $819K | $3.2M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0335% / S −0.0340% | 1h | 270.47 | +0.183% | $27K | — | 100x | as long as short |
GRVT BCH_USDT_Perp
Bitget BCHUSDT
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
SoDEX BCH-USD
Injective BCH/USDC PERP
Variational Omni BCH
Bybit BCHUSDT
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Gate BCH_USDT
Coinbase International BCH-PERP-INTX
OKX BCH-USDT-SWAP
BingX BCH-USDC
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]