Funding you earn now, next payment 08:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.31 per $10,000 · paid last 24h −0.002%
Price spread now: Gate against GRVT+0.003%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$460.457% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)−0.220%−$22 · spread now +0.003%, 7d avg +0.009%
=Together, before fees−0.239%+ Points / potential airdropGRVT: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT BCH_USDT_Perp | 266.66 | −0.0132 | get 0.0132% / 8h | 5h 19m | $389K | $17K | 10x |
| Short | Gate BCH_USDT | 266.67 | −0.0101 | pay 0.0101% / 8h | 5h 19m | $8.3M | $13.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $6.51
- Price spread: +0.003% → +0.009%
- −$0.66
- Slippage, 4 orders
- −$21.67
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$39.81
- Costs to cover
- 0.457%
- Break-even
- 49.8 days
Slippage from GRVT: live order book, 43 min ago; Gate: live order book, 4 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, 43 min ago | 3.96 bp | 11.9 bp −$12 | 21.0 bp −$210 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 1.69 bp | 12.8 bp −$13 | 20.5 bp −$205 | 61.9 bp −$6,190 | 86.3 bp −$43.2K |
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 | −0.1347% | 8h | 266.66 | −0.001% | $1K | $1.7M | 30x | as long as short |
| HTX BCH-USDT | −0.0462% | 8h | 266.64 | −0.009% | $775K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0440% | 8h | 266.70 | +0.014% | $4.9M | $6.6M | 50x | as long as short |
| SoDEX BCH-USD | −0.0305% | 1h | 266.71 | +0.018% | $2K | $8K | 10x | as long as short |
| GRVT BCH_USDT_Perplong | −0.0132% | 8h | 266.66 | long leg | $389K | $17K | 10x | |
| Coinbase International BCH-PERP-INTX | −0.0128% | 1h | 266.88 | +0.081% | $224K | $1.8M | 50x | as long as short |
| Nado BCH-PERP | −0.0124% | 1h | 266.60 | −0.024% | $424K | $339K | 10x | as long as short |
| Binance BCHUSDT | −0.0105% | 8h | 266.62 | −0.016% | $72.5M | $213.4M | 75x | as long as short |
| Extended BCH-USD | −0.0104% | 1h | 266.55 | −0.043% | $116K | $953K | 25x | as long as short |
| MEXC BCH_USDT | −0.0104% | 8h | 266.99 | +0.123% | $70.4M | $7.0M | 200x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BCH_USDTshort | −0.0101% | 8h | 266.67 | +0.003% | $8.3M | $13.3M | 75x | |
| Variational Omni BCH | −0.0099% | 8h | 266.80 | +0.052% | $82K | $201K | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0068% | 8h | 266.70 | +0.014% | $25.2M | $74.4M | 50x | as long as short |
| KuCoin BCHUSDTM | −0.0065% | 8h | 266.54 | −0.046% | $8.6M | $7.1M | 75x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0065% | 1h | 266.87 | +0.078% | $447K | $331K | 25x | as long as short |
| Bitget BCHUSDT | −0.0063% | 8h | 266.50 | −0.061% | $19.2M | $28.1M | 75x | as long as short |
| Bybit BCHUSDT | −0.0038% | 8h | 266.60 | −0.024% | $39.3M | $30.8M | 75x | as long as short |
| BingX BCH-USDT | −0.0036% | 8h | 266.62 | −0.016% | — | $32.1M | — | as long as short |
| Kraken Futures PF_BCHUSD | −0.0031% | 1h | 266.89 | +0.087% | $855K | $3.0M | 50x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 266.92 | +0.096% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 266.76 | +0.037% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 266.83 | +0.063% | $1.1M | $10.2M | 2.7x | as long as short |
| ApeX Omni BCHUSDT | +0.0008% | 1h | 266.95 | +0.108% | $97K | $227K | 50x | as long as short |
| BloFin BCH-USDT | +0.0014% | 8h | 266.74 | +0.029% | $4.0M | $4.2M | 50x | as long as short |
| Pacifica BCH | +0.0021% | 1h | 266.63 | −0.012% | $162K | $321K | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.327% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0034% | 8h | 266.65 | −0.005% | $2K | $176 | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 266.65 | −0.003% | $365K | $482K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 266.71 | +0.017% | $5.7M | $4.7M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 266.68 | +0.006% | $169K | $519K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 266.86 | +0.074% | $19K | $290K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0357% / S −0.0525% | 1h | 266.86 | +0.075% | $25K | — | 100x | as long as short |
GRVT BCH_USDT_Perp
Gate BCH_USDT
SunX BCH-USDT
HTX BCH-USDT
Phemex BCHUSDT
SoDEX BCH-USD
Coinbase International BCH-PERP-INTX
Binance BCHUSDT
Extended BCH-USD
MEXC BCH_USDT
Variational Omni BCH
OKX BCH-USDT-SWAP
KuCoin BCHUSDTM
Deribit BCH_USDC-PERPETUAL
Bitget BCHUSDT
Bybit BCHUSDT
BingX BCH-USDT
Kraken Futures PF_BCHUSD
gTrade (Gains Network) BCH/USD
Kalshi KXBCHPERP
ApeX Omni BCHUSDT
BloFin BCH-USDT
Pacifica BCH
Injective BCH/USDC PERP
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]