BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.23 per $10,000 · paid last 24h −0.007%

Price spread now: MEXC against GRVT−0.068%112s7-day average +0.198% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as 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−$320.320% of the position

Long on GRVT Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.053%−$5 on $10k

Price spread, last 4 days (all we have)+0.123%+$12 · spread now −0.068%, 7d avg +0.198%

Together, before fees+0.070%+ Points / potential airdropGRVT: Active · farm board+$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.266% cheaper against GRVT than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of +0.198%). Swap the legs. The two prices were read 112 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	264.66	−0.0043	get 0.0043% / 8h	3h 11m	$386K	$17K	10x
Short	MEXC BCH_USDT	264.48	−0.0066	pay 0.0066% / 8h	3h 11m	$70.0M	$7.9M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.068%Rate

Funding earned: −$4.83
Price spread: −0.068% → +0.198%: −$26.55
Slippage, 4 orders: −$19.01
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$63.39
Costs to cover: 0.320%
Break-even: never at this rate

Slippage from GRVT: live order book, 41 min ago; MEXC: 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, 41 min ago	1.50 bp	10.6 bp −$11	24.0 bp −$240	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	3.02 bp	5.5 bp −$6	17.6 bp −$176	49.5 bp −$4,946	109.4 bp −$54.7K

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
SoDEX BCH-USD	−0.0298%	1h	263.81	−0.321%	$2K	$8K	10x	as long as short
HTX BCH-USDT	−0.0240%	8h	264.18	−0.181%	$770K	$1.4M	75x	as long as short
Phemex BCHUSDT	−0.0232%	8h	263.84	−0.310%	$4.9M	$6.4M	50x	as long as short
Nado BCH-PERP	−0.0179%	1h	264.05	−0.230%	$429K	$347K	10x	as long as short
SunX BCH-USDT	−0.0160%	8h	263.71	−0.359%	$2K	$1.7M	30x	as long as short
KuCoin BCHUSDTM	−0.0101%	8h	264.07	−0.223%	$8.5M	$6.8M	75x	as long as short
Bitget BCHUSDT	−0.0092%	8h	263.89	−0.291%	$18.8M	$28.3M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0086%	8h	263.90	−0.287%	$25.1M	$76.2M	50x	as long as short
Binance BCHUSDT	−0.0066%	8h	264.01	−0.246%	$71.7M	$216.0M	75x	as long as short
MEXC BCH_USDTshort	−0.0066%	8h	264.48	−0.068%	$70.0M	$7.9M	200x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BCH-USD	−0.0064%	1h	263.63	−0.391%	$115K	$1.1M	25x	as long as short
Coinbase International BCH-PERP-INTX	−0.0064%	1h	264.17	−0.185%	$217K	$1.8M	50x	as long as short
Variational Omni BCH	−0.0061%	8h	264.40	−0.097%	$81K	$196K	—	as long as short
Kraken Futures PF_BCHUSD	−0.0052%	1h	264.06	−0.227%	$854K	$3.0M	50x	as long as short
GRVT BCH_USDT_Perplong	−0.0043%	8h	264.66	long leg	$386K	$17K	10x
Gate BCH_USDT	−0.0037%	8h	264.00	−0.249%	$8.3M	$13.7M	75x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0004%	1h	263.95	−0.266%	$441K	$331K	25x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	264.07	−0.223%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	264.10	−0.211%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	264.35	−0.117%	$991K	$10.4M	2.7x	as long as short
Bybit BCHUSDT	+0.0008%	8h	263.90	−0.287%	$38.9M	$31.3M	75x	as long as short
BingX BCH-USDT	+0.0010%	8h	263.98	−0.257%	—	$32.9M	—	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.093%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0046%	8h	263.84	−0.310%	$2K	$176	10x	as long as short
BloFin BCH-USDT	+0.0053%	8h	264.19	−0.178%	$3.9M	$4.4M	50x	as long as short
Aster BCHUSDT	+0.0082%	8h	264.21	−0.169%	$150K	$546K	75x	as long as short
Lighter BCH	+0.0096%	1h	264.07	−0.222%	$355K	$495K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	264.27	−0.147%	$5.7M	$4.6M	10x	as long as short
Pacifica BCH	+0.0100%	1h	264.07	−0.223%	$159K	$305K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	264.54	−0.046%	$18K	$323K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	265.12	+0.174%	$97K	$234K	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0232% / S −0.0180%	1h	263.97	−0.260%	$12K	—	100x	as long as short