Funding you earn now, next payment 23:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h −0.003%
Price spread now: Nado against GRVT−0.029%61s7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$360.363% of the position
Funding, last 3 days (all we have)−0.037%−$4 on $10k
+Price spread, last 3 days (all we have)+0.087%+$9 · spread now −0.029%, 7d avg −0.009%
=Together, before fees+0.050%+ Points / potential airdropGRVT: Active · Nado: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.020% cheaper against GRVT than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of −0.009%). If the spread goes back, that is −$2 on $10k: about 21 hours of funding at the current rate (+$2 a day). The two prices were read 61 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 | 270.08 | 0.0018 | pay 0.0018% / 8h | 1h 11m | $394K | $17K | 10x |
| Short | Nado BCH-PERP | 270.00 | 0.0094 | get 0.0012% / 1h | 11m 40s | $442K | $428K | 10x |
GRVT BCH_USDT_Perp
Nado BCH-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- $15.98
- Price spread: −0.029% → −0.009%
- −$2.04
- Slippage, 4 orders
- −$20.33
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$22.38
- Costs to cover
- 0.363%
- Break-even
- 16.8 days
Slippage from GRVT: live order book, 6 min ago; Nado: live order book, 6 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, 6 min ago | 0.93 bp | 11.6 bp −$12 | 28.6 bp −$286 | doesn't fit | doesn't fit |
| Sell Nado live order book, 6 min ago | 0.74 bp | 8.5 bp −$8 | 25.8 bp −$258 | 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 | −0.0482% | 1h | 270.17 | +0.033% | $458K | $265K | 25x | as long as short |
| Phemex BCHUSDT | −0.0191% | 8h | 270.08 | 0.000% | $4.9M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0170% | 1h | 270.01 | −0.025% | $2K | $6K | 10x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 270.20 | +0.045% | $721 | $130K | 12x | as long as short |
| Variational Omni BCH | −0.0115% | 8h | 269.72 | −0.134% | $83K | $294K | — | as long as short |
| Bybit BCHUSDT | −0.0067% | 8h | 269.80 | −0.103% | $39.4M | $33.0M | 75x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 269.84 | −0.089% | $117K | $653K | 25x | as long as short |
| Binance BCHUSDT | −0.0046% | 8h | 269.97 | −0.042% | $75.1M | $234.2M | 75x | as long as short |
| MEXC BCH_USDT | −0.0045% | 8h | 270.33 | +0.093% | $70.8M | $6.6M | 200x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 270.30 | +0.082% | $5K | $248 | 10x | as long as short |
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
dYdX BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXBCHPERP | 0.0000% | 8h | 270.45 | +0.137% | $1.3M | $11.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 270.25 | +0.063% | $4K | — | 150x | as long as short |
| Gate BCH_USDT | +0.0005% | 8h | 270.00 | −0.029% | $8.4M | $14.9M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 270.97 | +0.330% | $243K | $2.1M | 50x | as long as short |
| GRVT BCH_USDT_Perplong | +0.0018% | 8h | 270.08 | long leg | $394K | $17K | 10x | |
| Bitget BCHUSDT | +0.0019% | 8h | 269.71 | −0.137% | $19.4M | $29.4M | 75x | as long as short |
| Orderly PERP_BCH_USDC | +0.0024% | 8h | 270.05 | −0.011% | $2K | $176 | 10x | as long as short |
| OKX BCH-USDT-SWAP | +0.0060% | 8h | 269.80 | −0.103% | $26.4M | $78.3M | 50x | as long as short |
| BingX BCH-USDC | +0.0071% | 8h | 269.71 | −0.137% | — | $6.5M | — | as long as short |
| BloFin BCH-USDT | +0.0074% | 8h | 269.94 | −0.051% | $4.0M | $4.2M | 50x | as long as short |
| Nado BCH-PERPshort | +0.0094% | 1h | 270.00 | −0.029% | $442K | $428K | 10x | |
| Lighter BCH | +0.0096% | 1h | 270.06 | −0.007% | $378K | $588K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 270.28 | +0.074% | $6.0M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 270.13 | +0.019% | $218K | $703K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 269.96 | −0.043% | $164K | $467K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 270.09 | +0.004% | $9.3M | $8.0M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 270.10 | +0.009% | $19K | $290K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 270.36 | +0.104% | $73K | $213K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 269.91 | −0.063% | $1K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 270.06 | −0.007% | $777K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0113% | 1h | 270.28 | +0.074% | $818K | $3.2M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0335% / S −0.0388% | 1h | 270.31 | +0.086% | $26K | — | 100x | as long as short |
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Gate BCH_USDT
Coinbase International BCH-PERP-INTX
Bitget BCHUSDT
Orderly PERP_BCH_USDC
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]