BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.12 per $10,000 · paid last 24h −0.014%

Price spread now: Bybit against GRVT+0.041%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$400.395% of the position

Long on GRVT Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.020%−$2 on $10k

Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.041%, 7d avg −0.015%

Together, before fees−0.176%+ Points / potential airdropGRVT: Active · farm board−$18 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 Bybit is 0.057% dearer against GRVT than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT BCH_USDT_Perp	263.72	−0.0028	get 0.0028% / 8h	2h 43m	$384K	$17K	10x
Short	Bybit BCHUSDT	263.83	−0.0016	pay 0.0016% / 8h	2h 43m	$38.8M	$31.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.041%Rate

Funding earned: $2.51
Price spread: +0.041% → −0.015%: $5.65
Slippage, 4 orders: −$19.5
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$31.34
Costs to cover: 0.395%
Break-even: 94.3 days

Slippage from GRVT: live order book, 4 min ago; Bybit: live order book, 5 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, 4 min ago	1.33 bp	10.3 bp −$10	34.6 bp −$346	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	1.89 bp	11.1 bp −$11	20.7 bp −$207	72.4 bp −$7,238	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
HTX BCH-USDT	−0.0242%	8h	264.09	+0.140%	$773K	$1.4M	75x	as long as short
Phemex BCHUSDT	−0.0202%	8h	264.19	+0.178%	$5.0M	$6.5M	50x	as long as short
SoDEX BCH-USD	−0.0197%	1h	264.10	+0.144%	$2K	$8K	10x	as long as short
Nado BCH-PERP	−0.0177%	1h	263.95	+0.087%	$431K	$349K	10x	as long as short
SunX BCH-USDT	−0.0121%	8h	264.02	+0.113%	$1K	$1.7M	30x	as long as short
Bitget BCHUSDT	−0.0108%	8h	263.95	+0.087%	$18.8M	$28.3M	75x	as long as short
KuCoin BCHUSDTM	−0.0096%	8h	264.10	+0.144%	$8.5M	$6.8M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0077%	8h	263.80	+0.030%	$25.1M	$76.4M	50x	as long as short
Variational Omni BCH	−0.0072%	8h	263.30	−0.158%	$81K	$196K	—	as long as short
Extended BCH-USD	−0.0056%	1h	263.89	+0.062%	$111K	$1.1M	25x	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	−0.0055%	8h	264.35	+0.239%	$69.9M	$8.0M	200x	as long as short
Binance BCHUSDT	−0.0054%	8h	263.95	+0.087%	$71.7M	$217.0M	75x	as long as short
Coinbase International BCH-PERP-INTX	−0.0040%	1h	264.25	+0.201%	$217K	$1.8M	50x	as long as short
GRVT BCH_USDT_Perplong	−0.0028%	8h	263.72	long leg	$384K	$17K	10x
Bybit BCHUSDTshort	−0.0016%	8h	263.83	+0.041%	$38.8M	$31.4M	75x
BingX BCH-USDT	−0.0013%	8h	263.92	+0.075%	—	$32.9M	—	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	264.07	+0.132%	$15K	—	150x	as long as short
Gate BCH_USDT	−0.0003%	8h	264.12	+0.151%	$8.3M	$13.6M	75x	as long as short
dYdX BCH-USD	0.0000%	1h	264.07	+0.133%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	264.33	+0.231%	$988K	$10.4M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	264.32	+0.226%	$440K	$334K	25x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.457%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0046%	8h	264.16	+0.166%	$2K	$176	10x	as long as short
BloFin BCH-USDT	+0.0064%	8h	263.68	−0.016%	$3.9M	$4.4M	50x	as long as short
Aster BCHUSDT	+0.0073%	8h	263.93	+0.080%	$152K	$549K	75x	as long as short
Lighter BCH	+0.0096%	1h	264.06	+0.130%	$354K	$495K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	264.21	+0.185%	$5.7M	$4.6M	10x	as long as short
Pacifica BCH	+0.0100%	1h	264.00	+0.105%	$159K	$305K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	263.62	−0.037%	$18K	$331K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	263.92	+0.075%	$96K	$235K	50x	as long as short
Kraken Futures PF_BCHUSD	+0.0180%	1h	264.34	+0.236%	$845K	$3.0M	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	264.06	+0.128%	$12K	—	100x	as long as short