Funding you earn now, next payment 23:00 UTC+0.0198%/8h= +21.7% APRpaid last 24h +0.059%
Price spread now: BloFin against Injective−0.037%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. BloFin is 0.037% cheaper against Injective than usual: you would sell low and buy high (spread −0.037% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 15 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.051% in total) that is about 5.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.051% in total (about 2.7% a year). A funding rate is set anew for every payment. 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 | Injective BCH/USDC PERP | 270.20 | −0.0154 | get 0.0019% / 1h | 52m 50s | $721 | $130K | 12x |
| Short | BloFin BCH-USDT | 270.10 | 0.0044 | get 0.0044% / 8h | 1h 52m | $4.0M | $4.1M | 50x |
Injective BCH/USDC PERP
BloFin BCH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Injective. 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
- $41.55
- Price spread: −0.037% → 0.000%
- −$3.7
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $25.83
- Costs to cover
- 0.120%
- Break-even
- 2.6 days
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 6 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 6 min ago | 0.19 bp | 9.5 bp −$9 | 18.3 bp −$183 | doesn't fit | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0386% | 1h | 270.29 | +0.034% | $458K | $263K | 25x | as long as short |
| Phemex BCHUSDT | −0.0215% | 8h | 270.21 | +0.004% | $4.9M | $6.3M | 50x | as long as short |
| Injective BCH/USDC PERPlong | −0.0154% | 1h | 270.20 | long leg | $721 | $130K | 12x | |
| Extended BCH-USD | −0.0080% | 1h | 269.76 | −0.163% | $117K | $653K | 25x | as long as short |
| Binance BCHUSDT | −0.0076% | 8h | 269.89 | −0.115% | $74.4M | $231.9M | 75x | as long as short |
| MEXC BCH_USDT | −0.0076% | 8h | 270.51 | +0.115% | $71.6M | $6.3M | 200x | as long as short |
| Variational Omni BCH | −0.0071% | 8h | 269.23 | −0.360% | $86K | $291K | — | as long as short |
| Bitget BCHUSDT | −0.0023% | 8h | 269.89 | −0.115% | $20.0M | $29.0M | 75x | as long as short |
| Gate BCH_USDT | −0.0020% | 8h | 269.92 | −0.104% | $8.4M | $14.6M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 270.48 | +0.103% | $5K | $248 | 10x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
Variational Omni BCH
Bitget BCHUSDT
Gate BCH_USDT
dYdX BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXBCHPERP | 0.0000% | 8h | 270.53 | +0.122% | $1.2M | $11.4M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 270.36 | +0.059% | $4K | — | 150x | as long as short |
| GRVT BCH_USDT_Perp | +0.0001% | 8h | 270.88 | +0.252% | $395K | $17K | 10x | as long as short |
| Bybit BCHUSDT | +0.0002% | 8h | 269.83 | −0.137% | $39.7M | $32.5M | 75x | as long as short |
| Nado BCH-PERP | +0.0013% | 1h | 270.23 | +0.012% | $443K | $427K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 270.47 | +0.100% | $234K | $2.1M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0027% | 8h | 270.32 | +0.044% | $2K | $176 | 10x | as long as short |
| SoDEX BCH-USD | +0.0033% | 1h | 270.18 | −0.007% | $2K | $6K | 10x | as long as short |
| BingX BCH-USDT | +0.0038% | 8h | 269.89 | −0.115% | — | $31.9M | — | as long as short |
| OKX BCH-USDT-SWAP | +0.0042% | 8h | 269.90 | −0.111% | $26.2M | $77.2M | 50x | as long as short |
| BloFin BCH-USDTshort | +0.0044% | 8h | 270.10 | −0.037% | $4.0M | $4.1M | 50x | |
| Lighter BCH | +0.0096% | 1h | 270.20 | 0.000% | $379K | $583K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 270.38 | +0.067% | $6.1M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 270.21 | +0.005% | $221K | $700K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 270.30 | +0.036% | $171K | $455K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 269.95 | −0.093% | $8.9M | $8.0M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 270.70 | +0.187% | $19K | $289K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 270.06 | −0.052% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 270.14 | −0.022% | $786K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0112% | 1h | 270.42 | +0.083% | $808K | $3.2M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0341% / S −0.0467% | 1h | 270.39 | +0.069% | $26K | — | 100x | as long as short |
| ApeX Omni BCHUSDT | +0.0876% | 1h | 270.85 | +0.241% | $74K | $214K | 50x | as long as short |
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
GRVT BCH_USDT_Perp
Bybit BCHUSDT
Nado BCH-PERP
Coinbase International BCH-PERP-INTX
Orderly PERP_BCH_USDC
SoDEX BCH-USD
BingX BCH-USDT
OKX BCH-USDT-SWAP
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
HTX BCH-USDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]
ApeX Omni BCHUSDT