Funding you earn now, next payment 02:00 UTC−0.0071%/8h= −7.8% APRpaid last 24h −0.011%
Price spread now: Orderly against Hyperliquid−0.165%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Orderly is 0.165% cheaper against Hyperliquid than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid BCH | 266.04 | 0.0100 | pay 0.0013% / 1h | 51m 01s | $5.8M | $5.0M | 10x |
| Short | Orderly PERP_BCH_USDC | 265.60 | 0.0029 | get 0.0029% / 8h | 6h 51m | $2K | $176 | 10x |
Hyperliquid BCH
Orderly PERP_BCH_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Hyperliquid. 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
- −$14.92
- Price spread: −0.165% → 0.000%
- −$16.54
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$46.46
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 11 min ago; Orderly: no order-book sample. 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 Hyperliquid live order book, 11 min ago | 0.94 bp | 6.8 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX BCH-USD | −0.0479% | 1h | 265.72 | −0.120% | $2K | $6K | 10x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0476% | 1h | 265.71 | −0.123% | $449K | $266K | 25x | as long as short |
| Phemex BCHUSDT | −0.0400% | 8h | 265.83 | −0.079% | $4.9M | $6.5M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0299% | 1h | 265.96 | −0.031% | $851K | $3.1M | 50x | as long as short |
| ApeX Omni BCHUSDT | −0.0237% | 1h | 265.52 | −0.195% | $97K | $227K | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0218% | 8h | 265.32 | −0.271% | $387K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0150% | 8h | 265.95 | −0.034% | $8.4M | $13.2M | 75x | as long as short |
| Variational Omni BCH | −0.0123% | 8h | 265.51 | −0.200% | $81K | $285K | — | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0112% | 1h | 265.93 | −0.041% | $236K | $2.1M | 50x | as long as short |
| Extended BCH-USD | −0.0088% | 1h | 265.59 | −0.171% | $112K | $966K | 25x | as long as short |
SoDEX BCH-USD
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
Kraken Futures PF_BCHUSD
ApeX Omni BCHUSDT
GRVT BCH_USDT_Perp
Gate BCH_USDT
Variational Omni BCH
Coinbase International BCH-PERP-INTX
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0086% | 8h | 266.23 | +0.071% | $69.7M | $6.8M | 200x | as long as short |
| Binance BCHUSDT | −0.0085% | 8h | 265.85 | −0.071% | $71.8M | $233.5M | 75x | as long as short |
| Bybit BCHUSDT | −0.0078% | 8h | 265.88 | −0.060% | $39.1M | $33.3M | 75x | as long as short |
| SunX BCH-USDT | −0.0049% | 8h | 265.34 | −0.263% | $2K | $1.9M | 30x | as long as short |
| HTX BCH-USDT | −0.0048% | 8h | 265.28 | −0.286% | $775K | $1.6M | 75x | as long as short |
| Bitget BCHUSDT | −0.0031% | 8h | 265.81 | −0.086% | $19.1M | $29.8M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0029% | 8h | 265.90 | −0.053% | $25.8M | $76.6M | 50x | as long as short |
| BingX BCH-USDC | −0.0012% | 8h | 265.81 | −0.086% | — | $6.5M | — | as long as short |
| Nado BCH-PERP | −0.0002% | 1h | 265.56 | −0.180% | $434K | $425K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.76 | −0.106% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.91 | −0.049% | $1.1M | $11.0M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 265.74 | −0.112% | $4K | — | 150x | as long as short |
| Orderly PERP_BCH_USDCshort | +0.0029% | 8h | 265.60 | −0.165% | $2K | $176 | 10x | |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.564% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0035% | 8h | 265.85 | −0.071% | $3.9M | $4.2M | 50x | as long as short |
| Pacifica BCH | +0.0040% | 1h | 265.54 | −0.189% | $161K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0086% | 8h | 265.84 | −0.075% | $8.6M | $7.6M | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 265.78 | −0.097% | $366K | $478K | 10x | as long as short |
| Hyperliquid BCHlong | +0.0100% | 1h | 266.04 | long leg | $5.8M | $5.0M | 10x | |
| Aster BCHUSDT | +0.0100% | 8h | 265.81 | −0.087% | $170K | $688K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 265.13 | −0.344% | $19K | $291K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0333% / S −0.0451% | 1h | 265.79 | −0.094% | $25K | — | 100x | as long as short |
MEXC BCH_USDT
Binance BCHUSDT
Bybit BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
Bitget BCHUSDT
OKX BCH-USDT-SWAP
BingX BCH-USDC
Nado BCH-PERP
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Injective BCH/USDC PERP
BloFin BCH-USDT
Pacifica BCH
KuCoin BCHUSDTM
Lighter BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]