BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0212%/8h= +23.2% APRnext payment +$2.12 per $10,000 · paid last 24h −0.008%

Price spread now: GRVT against HTX+0.225%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$700.696% of the position

Long on HTX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.112%−$11 on $10k

Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.225%, 7d avg +0.004%

Together, before fees−0.259%+ Points / potential airdropGRVT: Active · farm board−$26 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and GRVT is 0.221% dearer against HTX than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.004%. Mind the row above: over the last 7 days funding on this pair cost −0.112%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.112% in total (about -5.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.12 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX BCH-USDT	263.13	−0.0240	get 0.0240% / 8h	2h 40m	$768K	$1.4M	75x
Short	GRVT BCH_USDT_Perp	263.72	−0.0028	pay 0.0028% / 8h	2h 40m	$384K	$17K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against HTX. 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 HTXbpFee GRVTbpOrdersPrice spread, now +0.225%Rate

Funding earned: $44.43
Price spread: +0.225% → +0.004%: $22.1
Slippage, 4 orders: −$48.65
Fee HTX: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$3.13
Costs to cover: 0.696%
Break-even: 7.5 days

Slippage from HTX: live order book, 3 min ago; GRVT: live order book, 7 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 HTX live order book, 3 min ago	8.52 bp	15.2 bp −$15	156.8 bp −$1,568	doesn't fit	doesn't fit
Sell GRVT live order book, 7 min ago	1.33 bp	7.7 bp −$8	13.9 bp −$139	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
HTX BCH-USDTlong	−0.0240%	8h	263.13	long leg	$768K	$1.4M	75x
SoDEX BCH-USD	−0.0208%	1h	263.41	+0.106%	$2K	$8K	10x	as long as short
Phemex BCHUSDT	−0.0201%	8h	263.59	+0.175%	$5.0M	$6.5M	50x	as long as short
Nado BCH-PERP	−0.0157%	1h	263.75	+0.236%	$431K	$350K	10x	as long as short
SunX BCH-USDT	−0.0110%	8h	263.72	+0.224%	$1K	$1.7M	30x	as long as short
Bitget BCHUSDT	−0.0108%	8h	262.97	−0.061%	$18.8M	$28.4M	75x	as long as short
KuCoin BCHUSDTM	−0.0097%	8h	263.07	−0.023%	$8.4M	$6.8M	75x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0080%	1h	263.57	+0.166%	$439K	$333K	25x	as long as short
OKX BCH-USDT-SWAP	−0.0078%	8h	263.00	−0.049%	$25.1M	$76.3M	50x	as long as short
Variational Omni BCH	−0.0070%	8h	263.31	+0.067%	$81K	$196K	—	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BCH-USD	−0.0056%	1h	262.88	−0.095%	$111K	$1.1M	25x	as long as short
Binance BCHUSDT	−0.0054%	8h	263.01	−0.046%	$71.6M	$218.8M	75x	as long as short
MEXC BCH_USDT	−0.0053%	8h	263.58	+0.171%	$69.7M	$8.0M	200x	as long as short
Coinbase International BCH-PERP-INTX	−0.0040%	1h	263.67	+0.205%	$222K	$1.8M	50x	as long as short
GRVT BCH_USDT_Perpshort	−0.0028%	8h	263.72	+0.225%	$384K	$17K	10x
Bybit BCHUSDT	−0.0018%	8h	263.00	−0.049%	$38.7M	$31.5M	75x	as long as short
BingX BCH-USDC	−0.0013%	8h	263.11	−0.008%	—	$6.5M	—	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	263.55	+0.160%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	263.31	+0.068%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	264.33	+0.456%	$987K	$10.4M	2.7x	as long as short
Gate BCH_USDT	+0.0001%	8h	263.12	−0.004%	$8.3M	$13.7M	75x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.687%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0046%	8h	263.44	+0.118%	$2K	$176	10x	as long as short
BloFin BCH-USDT	+0.0067%	8h	263.23	+0.038%	$3.9M	$4.4M	50x	as long as short
Aster BCHUSDT	+0.0072%	8h	263.40	+0.101%	$152K	$555K	75x	as long as short
Lighter BCH	+0.0096%	1h	263.12	−0.005%	$353K	$495K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	263.40	+0.103%	$5.6M	$4.6M	10x	as long as short
Pacifica BCH	+0.0100%	1h	263.12	−0.004%	$158K	$305K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	263.93	+0.304%	$18K	$329K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	264.15	+0.388%	$96K	$235K	50x	as long as short
Kraken Futures PF_BCHUSD	+0.0180%	1h	263.56	+0.165%	$842K	$3.0M	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	263.67	+0.205%	$12K	—	100x	as long as short