Funding you earn now, next payment 00:00 UTC−0.0156%/8h= −17.1% APRnext payment −$1.56 per $10,000 · paid last 24h −0.004%
Price spread now: Variational Omni against GRVT−0.048%59s7-day average −0.023% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.010%−$1 on $10k
+Price spread, last 3 days (all we have)−0.067%−$7 · spread now −0.048%, 7d avg −0.023%
=Together, before fees−0.077%+ Points / potential airdropGRVT: Active · Variational Omni: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Variational Omni is 0.024% cheaper against GRVT than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.023%). Swap the legs. The two prices were read 59 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 | 266.24 | 0.0020 | pay 0.0020% / 8h | 10m 39s | $388K | $17K | 10x |
| Short | Variational Omni BCH | 266.11 | −0.0136 | pay 0.0136% / 8h | 10m 39s | $82K | $292K | — |
GRVT BCH_USDT_Perp
Variational Omni BCHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$32.81
- Price spread: −0.048% → −0.023%
- −$2.42
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$44.23
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 2 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.
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, 2 min ago | 0.56 bp | 8.7 bp −$9 | 16.7 bp −$167 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 6.01 bp | doesn't fit | 23.7 bp −$237 | 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 | −0.0575% | 1h | 266.31 | +0.029% | $450K | $266K | 25x | as long as short |
| SoDEX BCH-USD | −0.0328% | 1h | 266.15 | −0.033% | $2K | $6K | 10x | as long as short |
| Variational Omni BCHshort | −0.0136% | 8h | 266.11 | −0.048% | $82K | $292K | — | |
| Kraken Futures PF_BCHUSD | −0.0126% | 1h | 266.49 | +0.093% | $843K | $3.1M | 50x | as long as short |
| Phemex BCHUSDT | −0.0113% | 8h | 266.22 | −0.007% | $4.9M | $6.5M | 50x | as long as short |
| ApeX Omni BCHUSDT | −0.0108% | 1h | 266.44 | +0.076% | $72K | $214K | 50x | as long as short |
| Bybit BCHUSDT | −0.0079% | 8h | 266.37 | +0.050% | $39.2M | $33.0M | 75x | as long as short |
| Injective BCH/USDC PERP | −0.0054% | 1h | 270.20 | +1.488% | $721 | $130K | 12x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0032% | 1h | 266.58 | +0.128% | $224K | $2.1M | 50x | as long as short |
| Binance BCHUSDT | −0.0024% | 8h | 266.37 | +0.050% | $72.9M | $232.8M | 75x | as long as short |
Deribit BCH_USDC-PERPETUAL
SoDEX BCH-USD
Kraken Futures PF_BCHUSD
Phemex BCHUSDT
ApeX Omni BCHUSDT
Bybit BCHUSDT
Injective BCH/USDC PERP
Coinbase International BCH-PERP-INTX
Binance BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0024% | 1h | 266.30 | +0.023% | $115K | $652K | 25x | as long as short |
| MEXC BCH_USDT | −0.0024% | 8h | 266.87 | +0.237% | $69.9M | $6.9M | 200x | as long as short |
| Gate BCH_USDT | −0.0002% | 8h | 266.48 | +0.091% | $8.3M | $14.9M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 266.60 | +0.134% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 266.68 | +0.166% | $1.2M | $11.7M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 266.45 | +0.081% | $4K | — | 150x | as long as short |
| Bitget BCHUSDT | +0.0020% | 8h | 266.38 | +0.053% | $19.1M | $30.1M | 75x | as long as short |
| GRVT BCH_USDT_Perplong | +0.0020% | 8h | 266.24 | long leg | $388K | $17K | 10x | |
| Nado BCH-PERP | +0.0023% | 1h | 266.19 | −0.016% | $442K | $436K | 10x | as long as short |
| Orderly PERP_BCH_USDC | +0.0028% | 8h | 266.17 | −0.026% | $2K | $176 | 10x | as long as short |
| OKX BCH-USDT-SWAP | +0.0030% | 8h | 266.40 | +0.061% | $25.9M | $78.3M | 50x | as long as short |
| BingX BCH-USDT | +0.0033% | 8h | 266.38 | +0.053% | — | $31.2M | — | as long as short |
| BloFin BCH-USDT | +0.0096% | 8h | 266.06 | −0.067% | $3.9M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 266.42 | +0.068% | $367K | $558K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 266.64 | +0.151% | $6.0M | $4.5M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 266.30 | +0.023% | $210K | $673K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 266.37 | +0.050% | $162K | $431K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 266.57 | +0.125% | $9.0M | $7.8M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 266.19 | −0.017% | $19K | $290K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 266.11 | −0.048% | $1K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 266.25 | +0.005% | $773K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0332% / S −0.0451% | 1h | 266.42 | +0.070% | $25K | — | 100x | as long as short |
Extended BCH-USD
MEXC BCH_USDT
Gate BCH_USDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Bitget BCHUSDT
Nado BCH-PERP
Orderly PERP_BCH_USDC
OKX BCH-USDT-SWAP
BingX BCH-USDT
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]