BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0113%/8h= −12.4% APRnext payment −$0.14 per $10,000 · paid last 24h −0.025%

Price spread now: Nado against Hyperliquid−0.163%7-day average −0.065% · 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−$40as in the Price arb table

costs, in and out, $10k−$300.297% of the position

Long on Hyperliquid Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.090%−$9 on $10k

Price spread, last 3 days (all we have)+0.428%+$43 · spread now −0.163%, 7d avg −0.065%

Together, before fees+0.339%+ Points / potential airdropHyperliquid: Season 2 · Nado: Active · farm board+$34 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Nado is 0.098% cheaper against Hyperliquid than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.065%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid BCH	267.73	0.0100	pay 0.0013% / 1h	0m 01s	$6.0M	$4.2M	10x
Short	Nado BCH-PERP	267.29	−0.0013	pay 0.0002% / 1h	0m 01s	$439K	$430K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Hyperliquid. 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 HyperliquidbpFee NadobpOrdersPrice spread, now −0.163%Rate

Funding earned: −$23.82
Price spread: −0.163% → −0.065%: −$9.8
Slippage, 4 orders: −$13.74
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$63.36
Costs to cover: 0.297%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 2 min ago; Nado: live order book, 27 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 Hyperliquid live order book, 2 min ago	0.56 bp	6.2 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell Nado live order book, 27 min ago	0.56 bp	7.8 bp −$8	20.6 bp −$206	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
Injective BCH/USDC PERP	−0.0300%	1h	267.99	+0.097%	$715	$47K	12x	as long as short
Phemex BCHUSDT	−0.0212%	8h	267.45	−0.105%	$4.9M	$6.3M	50x	as long as short
Kraken Futures PF_BCHUSD	−0.0192%	1h	267.63	−0.037%	$806K	$3.2M	50x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0165%	1h	267.54	−0.069%	$437K	$254K	25x	as long as short
Extended BCH-USD	−0.0128%	1h	267.36	−0.138%	$105K	$643K	25x	as long as short
Binance BCHUSDT	−0.0126%	8h	267.51	−0.082%	$74.0M	$231.6M	75x	as long as short
MEXC BCH_USDT	−0.0126%	8h	268.07	+0.127%	$70.9M	$6.3M	200x	as long as short
Bybit BCHUSDT	−0.0124%	8h	267.42	−0.116%	$39.5M	$32.4M	75x	as long as short
SoDEX BCH-USD	−0.0108%	1h	267.43	−0.112%	$2K	$6K	10x	as long as short
Variational Omni BCH	−0.0091%	8h	267.35	−0.140%	$85K	$291K	—	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BCH_USDT_Perp	−0.0084%	8h	267.33	−0.150%	$390K	$17K	10x	as long as short
Coinbase International BCH-PERP-INTX	−0.0072%	1h	267.52	−0.078%	$261K	$2.1M	50x	as long as short
Bitget BCHUSDT	−0.0059%	8h	267.36	−0.138%	$20.2M	$29.0M	75x	as long as short
Gate BCH_USDT	−0.0051%	8h	267.42	−0.116%	$8.3M	$14.6M	75x	as long as short
BingX BCH-USDC	−0.0032%	8h	267.38	−0.131%	—	$6.5M	—	as long as short
OKX BCH-USDT-SWAP	−0.0032%	8h	267.50	−0.086%	$26.2M	$76.4M	50x	as long as short
Nado BCH-PERPshort	−0.0013%	1h	267.29	−0.163%	$439K	$430K	10x
BloFin BCH-USDT	−0.0006%	8h	267.34	−0.146%	$4.0M	$4.1M	50x	as long as short
dYdX BCH-USD	0.0000%	1h	267.42	−0.117%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	267.63	−0.037%	$1.1M	$11.7M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	267.48	−0.095%	$4K	—	150x	as long as short
Orderly PERP_BCH_USDC	+0.0030%	8h	267.42	−0.116%	$2K	$176	10x	as long as short
KuCoin BCHUSDTM	+0.0060%	8h	267.48	−0.093%	$8.9M	$8.1M	75x	as long as short
Lighter BCH	+0.0096%	1h	267.49	−0.090%	$376K	$581K	10x	as long as short
Hyperliquid BCHlong	+0.0100%	1h	267.73	long leg	$6.0M	$4.2M	10x
Aster BCHUSDT	+0.0100%	8h	267.60	−0.050%	$234K	$682K	75x	as long as short
Pacifica BCH	+0.0100%	1h	267.46	−0.099%	$169K	$457K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	267.31	−0.155%	$19K	$289K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	267.38	−0.131%	$73K	$215K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	267.06	−0.250%	$1K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	267.37	−0.134%	$772K	$1.7M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0371% / S −0.0574%	1h	267.54	−0.072%	$26K	—	100x	as long as short