Funding you earn now, next payment 08:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.34 per $10,000 · paid last 24h −0.034%
Price spread now: Phemex against HTX+0.030%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$700.697% of the position
Funding, last 7 days−0.166%−$17 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.030%, 7d avg +0.021%
=The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX BCH-USDT | 265.09 | −0.0224 | get 0.0224% / 8h | 3h 31m | $773K | $1.4M | 75x |
| Short | Phemex BCHUSDT | 265.17 | −0.0257 | pay 0.0257% / 8h | 3h 31m | $4.9M | $6.4M | 50x |
HTX BCH-USDT
Phemex BCHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$7.1
- Price spread: +0.030% → +0.021%
- $0.95
- Slippage, 4 orders
- −$45.69
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$75.83
- Costs to cover
- 0.697%
- Break-even
- never at this rate
Slippage from HTX: live order book, 2 min ago; Phemex: 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 HTX live order book, 2 min ago | 8.49 bp | 14.9 bp −$15 | 192.1 bp −$1,921 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 2.45 bp | 12.5 bp −$13 | 21.3 bp −$213 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex BCHUSDTshort | −0.0257% | 8h | 265.17 | +0.030% | $4.9M | $6.4M | 50x | |
| HTX BCH-USDTlong | −0.0224% | 8h | 265.09 | long leg | $773K | $1.4M | 75x | |
| SoDEX BCH-USD | −0.0212% | 1h | 265.18 | +0.034% | $2K | $8K | 10x | as long as short |
| Nado BCH-PERP | −0.0193% | 1h | 265.15 | +0.023% | $431K | $346K | 10x | as long as short |
| SunX BCH-USDT | −0.0190% | 8h | 265.05 | −0.015% | $2K | $1.7M | 30x | as long as short |
| OKX BCH-USDT-SWAP | −0.0087% | 8h | 265.40 | +0.117% | $25.1M | $76.4M | 50x | as long as short |
| KuCoin BCHUSDTM | −0.0082% | 8h | 265.54 | +0.170% | $8.5M | $6.9M | 75x | as long as short |
| Bitget BCHUSDT | −0.0076% | 8h | 265.40 | +0.117% | $19.0M | $28.3M | 75x | as long as short |
| Extended BCH-USD | −0.0072% | 1h | 265.41 | +0.123% | $113K | $956K | 25x | as long as short |
| MEXC BCH_USDT | −0.0072% | 8h | 265.82 | +0.275% | $70.4M | $7.9M | 200x | as long as short |
SoDEX BCH-USD
Nado BCH-PERP
SunX BCH-USDT
OKX BCH-USDT-SWAP
KuCoin BCHUSDTM
Bitget BCHUSDT
Extended BCH-USD
MEXC BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0070% | 8h | 265.37 | +0.106% | $72.0M | $215.6M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0064% | 1h | 265.72 | +0.238% | $219K | $1.8M | 50x | as long as short |
| Variational Omni BCH | −0.0063% | 8h | 265.10 | +0.005% | $81K | $196K | — | as long as short |
| Kraken Futures PF_BCHUSD | −0.0051% | 1h | 265.41 | +0.119% | $852K | $3.0M | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0044% | 8h | 265.29 | +0.074% | $387K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0021% | 8h | 265.49 | +0.151% | $8.3M | $13.6M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 265.32 | +0.088% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.32 | +0.086% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.50 | +0.155% | $1.0M | $10.4M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 265.38 | +0.110% | $444K | $332K | 25x | as long as short |
| BingX BCH-USDC | +0.0010% | 8h | 265.57 | +0.181% | — | $6.5M | — | as long as short |
| Bybit BCHUSDT | +0.0022% | 8h | 265.30 | +0.079% | $39.1M | $31.2M | 75x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.928% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0046% | 8h | 265.19 | +0.038% | $2K | $176 | 10x | as long as short |
| BloFin BCH-USDT | +0.0048% | 8h | 265.35 | +0.098% | $3.9M | $4.4M | 50x | as long as short |
| Aster BCHUSDT | +0.0086% | 8h | 265.47 | +0.145% | $150K | $545K | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 265.40 | +0.117% | $359K | $492K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.63 | +0.204% | $5.7M | $4.6M | 10x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 265.41 | +0.119% | $160K | $305K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 265.16 | +0.025% | $31K | $301K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 265.60 | +0.192% | $97K | $234K | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0359% / S −0.0530% | 1h | 265.36 | +0.102% | $25K | — | 100x | as long as short |
Binance BCHUSDT
Coinbase International BCH-PERP-INTX
Variational Omni BCH
Kraken Futures PF_BCHUSD
GRVT BCH_USDT_Perp
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
BingX BCH-USDC
Bybit BCHUSDT
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
BloFin BCH-USDT
Aster BCHUSDT
Lighter BCH
Hyperliquid BCH
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
GMX BCH/USD [WBTC.b-USDC]