Funding you earn now, next payment 00:00 UTC+0.0150%/8h= +16.4% APRnext payment +$1.50 per $10,000 · paid last 24h +0.020%
Price spread now: HTX against GRVT−0.025%77s7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$540.535% of the position
Funding, last 7 days+0.137%+$14 on $10k
+Price spread, last 3 days (all we have)−0.099%−$10 · spread now −0.025%, 7d avg −0.007%
=Together, before fees+0.038%+ Points / potential airdropGRVT: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT BCH_USDT_Perp | 267.74 | −0.0050 | get 0.0050% / 8h | 2h 31m | $390K | $17K | 10x |
| Short | HTX BCH-USDT | 267.67 | 0.0100 | get 0.0100% / 8h | 2h 31m | $770K | $1.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $31.5
- Price spread: −0.025% → −0.007%
- −$1.83
- Slippage, 4 orders
- −$32.54
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$23.87
- Costs to cover
- 0.535%
- Break-even
- 12.3 days
Slippage from GRVT: live order book, 55 min ago; HTX: live order book, 2 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, 55 min ago | 0.19 bp | 12.1 bp −$12 | 23.3 bp −$233 | doesn't fit | doesn't fit |
| Sell HTX live order book, 2 min ago | 5.79 bp | 15.4 bp −$15 | 188.5 bp −$1,885 | doesn't fit | 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 | −0.0347% | 1h | 267.72 | −0.006% | $438K | $247K | 25x | as long as short |
| Injective BCH/USDC PERP | −0.0304% | 1h | 267.23 | −0.189% | $713 | $80K | 12x | as long as short |
| Phemex BCHUSDT | −0.0197% | 8h | 267.64 | −0.036% | $4.9M | $6.2M | 50x | as long as short |
| SoDEX BCH-USD | −0.0186% | 1h | 267.64 | −0.036% | $2K | $6K | 10x | as long as short |
| MEXC BCH_USDT | −0.0115% | 8h | 268.35 | +0.229% | $71.1M | $6.4M | 200x | as long as short |
| Binance BCHUSDT | −0.0114% | 8h | 267.65 | −0.033% | $73.9M | $229.0M | 75x | as long as short |
| Extended BCH-USD | −0.0112% | 1h | 267.59 | −0.057% | $105K | $643K | 25x | as long as short |
| Variational Omni BCH | −0.0080% | 8h | 267.64 | −0.036% | $85K | $291K | — | as long as short |
| Bybit BCHUSDT | −0.0059% | 8h | 267.60 | −0.051% | $39.4M | $32.0M | 75x | as long as short |
| GRVT BCH_USDT_Perplong | −0.0050% | 8h | 267.74 | long leg | $390K | $17K | 10x |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BCHUSDT | −0.0048% | 8h | 267.61 | −0.048% | $20.0M | $28.8M | 75x | as long as short |
| Gate BCH_USDT | −0.0030% | 8h | 267.71 | −0.010% | $8.4M | $14.4M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0024% | 1h | 267.90 | +0.061% | $246K | $2.0M | 50x | as long as short |
| BingX BCH-USDC | −0.0007% | 8h | 267.71 | −0.010% | — | $6.5M | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0002% | 8h | 267.70 | −0.014% | $26.2M | $75.8M | 50x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 267.89 | +0.056% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.11 | +0.139% | $1.1M | $11.3M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 267.81 | +0.027% | $4K | — | 150x | as long as short |
| BloFin BCH-USDT | +0.0005% | 8h | 267.74 | +0.001% | $4.0M | $4.1M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0028% | 8h | 267.64 | −0.036% | $2K | $176 | 10x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0074% | 1h | 267.94 | +0.074% | $804K | $3.2M | 50x | as long as short |
| Nado BCH-PERP | +0.0079% | 1h | 267.61 | −0.048% | $438K | $427K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0091% | 8h | 267.73 | −0.003% | $8.9M | $8.0M | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 267.72 | −0.008% | $375K | $580K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 267.96 | +0.082% | $6.0M | $4.1M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 267.69 | −0.017% | $234K | $660K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 267.73 | −0.003% | $169K | $460K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 267.63 | −0.041% | $19K | $289K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 268.16 | +0.158% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 267.49 | −0.092% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDTshort | +0.0100% | 8h | 267.67 | −0.025% | $770K | $1.6M | 75x | |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0372% / S −0.0574% | 1h | 267.75 | +0.003% | $26K | — | 100x | as long as short |
GRVT BCH_USDT_Perp
HTX BCH-USDT
Deribit BCH_USDC-PERPETUAL
Injective BCH/USDC PERP
Phemex BCHUSDT
SoDEX BCH-USD
MEXC BCH_USDT
Binance BCHUSDT
Extended BCH-USD
Variational Omni BCH
Bybit BCHUSDT
Bitget BCHUSDT
Gate BCH_USDT
Coinbase International BCH-PERP-INTX
BingX BCH-USDC
OKX BCH-USDT-SWAP
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
BloFin BCH-USDT
Kraken Futures PF_BCHUSD
KuCoin BCHUSDTM
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]