Funding you earn now, next payment 08:00 UTC+0.0489%/8h= +53.6% APRnext payment +$4.89 per $10,000 · paid last 24h −0.003%
Price spread now: KuCoin against HTX−0.015%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$900.902% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 3 days (all we have)+0.094%+$9 · spread now −0.015%, 7d avg +0.034%
=Funding pays, the price is against you. KuCoin is 0.049% cheaper against HTX than usual: you would sell low and buy high (spread −0.015% now, against its 7-day average of +0.034%). If the spread goes back, that is −$5 on $10k: about 8 hours of funding at the current rate (+$15 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.043% in total (about -2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.89 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 | 267.55 | −0.0389 | get 0.0389% / 8h | 7h 39m | $774K | $1.6M | 75x |
| Short | KuCoin BCHUSDTM | 267.51 | 0.0100 | get 0.0100% / 8h | 7h 39m | $9.0M | $7.6M | 75x |
HTX BCH-USDT
KuCoin BCHUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against HTX. 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
- $102.74
- Price spread: −0.015% → +0.034%
- −$4.92
- Slippage, 4 orders
- −$66.19
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $7.63
- Costs to cover
- 0.902%
- Break-even
- 6.5 days
Slippage from HTX: live order book, 4 min ago; KuCoin: live order book, 9 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, 4 min ago | 10.45 bp | 16.6 bp −$17 | 90.9 bp −$909 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 2.43 bp | 17.8 bp −$18 | 60.3 bp −$603 | 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 | −0.0624% | 1h | 267.43 | −0.044% | $452K | $266K | 25x | as long as short |
| Phemex BCHUSDT | −0.0592% | 8h | 267.35 | −0.075% | $4.9M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0575% | 1h | 267.35 | −0.075% | $2K | $6K | 10x | as long as short |
| HTX BCH-USDTlong | −0.0389% | 8h | 267.55 | long leg | $774K | $1.6M | 75x | |
| Gate BCH_USDT | −0.0205% | 8h | 267.53 | −0.007% | $8.4M | $14.2M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0196% | 8h | 267.99 | +0.166% | $390K | $17K | 10x | as long as short |
| ApeX Omni BCHUSDT | −0.0160% | 1h | 267.81 | +0.097% | $73K | $215K | 50x | as long as short |
| Variational Omni BCH | −0.0130% | 8h | 267.81 | +0.097% | $82K | $285K | — | as long as short |
| Bybit BCHUSDT | −0.0093% | 8h | 267.36 | −0.071% | $39.5M | $32.6M | 75x | as long as short |
| Extended BCH-USD | −0.0056% | 1h | 267.28 | −0.102% | $116K | $871K | 25x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
SoDEX BCH-USD
Gate BCH_USDT
GRVT BCH_USDT_Perp
ApeX Omni BCHUSDT
Variational Omni BCH
Bybit BCHUSDT
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 267.68 | +0.049% | $225K | $2.0M | 50x | as long as short |
| Binance BCHUSDT | −0.0053% | 8h | 267.34 | −0.078% | $72.5M | $230.6M | 75x | as long as short |
| MEXC BCH_USDT | −0.0050% | 8h | 268.01 | +0.172% | $70.2M | $6.6M | 200x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 267.52 | −0.011% | $854K | $3.1M | 50x | as long as short |
| Bitget BCHUSDT | −0.0007% | 8h | 267.33 | −0.082% | $19.2M | $29.4M | 75x | as long as short |
| Nado BCH-PERP | −0.0006% | 1h | 267.66 | +0.040% | $439K | $421K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 268.22 | +0.251% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.05 | +0.187% | $1.1M | $10.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 267.75 | +0.074% | $4K | — | 150x | as long as short |
| OKX BCH-USDT-SWAP | +0.0021% | 8h | 267.40 | −0.056% | $25.9M | $76.6M | 50x | as long as short |
| BingX BCH-USDT | +0.0025% | 8h | 267.44 | −0.041% | — | $31.2M | — | as long as short |
| Orderly PERP_BCH_USDC | +0.0030% | 8h | 267.37 | −0.067% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.990% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0067% | 8h | 267.33 | −0.082% | $3.9M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 267.39 | −0.061% | $368K | $529K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 268.10 | +0.206% | $6.0M | $4.4M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 267.97 | +0.156% | $177K | $666K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 267.98 | +0.161% | $163K | $407K | 10x | as long as short |
| KuCoin BCHUSDTMshort | +0.0100% | 8h | 267.51 | −0.015% | $9.0M | $7.6M | 75x | |
| edgeX BCHUSDC | +0.0100% | 4h | 267.78 | +0.087% | $19K | $290K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 267.24 | −0.116% | $2K | $1.9M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0333% / S −0.0224% | 1h | 267.69 | +0.052% | $31K | — | 100x | as long as short |
Coinbase International BCH-PERP-INTX
Binance BCHUSDT
MEXC BCH_USDT
Kraken Futures PF_BCHUSD
Bitget BCHUSDT
Nado BCH-PERP
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
OKX BCH-USDT-SWAP
BingX BCH-USDT
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
edgeX BCHUSDC
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]