Funding you earn now, next payment 00:00 UTC−0.0089%/8h= −9.8% APRnext payment −$0.11 per $10,000 · paid last 24h +0.012%
Price spread now: Coinbase International against Injective−0.681%7-day average −0.052% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.156%−$16 on $10k
+Price spread, last 3 days (all we have)+1.902%+$190 · spread now −0.681%, 7d avg −0.052%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Coinbase International is 0.629% cheaper against Injective than usual: you would sell low and buy high (−$63 if the spread goes back to its 7-day average of −0.052%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective BCH/USDC PERP | 270.20 | 0.0033 | pay 0.0004% / 1h | 42m 30s | $721 | $130K | 12x |
| Short | Coinbase International BCH-PERP-INTX | 268.36 | −0.0056 | pay 0.0007% / 1h | 42m 30s | $225K | $2.0M | 50x |
Injective BCH/USDC PERP
Coinbase International BCH-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$18.76
- Price spread: −0.681% → −0.052%
- −$62.9
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$91.68
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Coinbase International: live order book, 1 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 Coinbase International live order book, 1 min ago | 5.22 bp | 12.0 bp −$12 | 19.7 bp −$197 | 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 | −0.0570% | 1h | 268.17 | −0.751% | $453K | $266K | 25x | as long as short |
| Phemex BCHUSDT | −0.0533% | 8h | 268.00 | −0.814% | $4.9M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0532% | 1h | 267.95 | −0.833% | $2K | $6K | 10x | as long as short |
| HTX BCH-USDT | −0.0378% | 8h | 268.05 | −0.796% | $776K | $1.6M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0240% | 8h | 267.58 | −0.968% | $390K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0159% | 8h | 268.12 | −0.770% | $8.4M | $14.2M | 75x | as long as short |
| Variational Omni BCH | −0.0133% | 8h | 267.11 | −1.144% | $82K | $289K | — | as long as short |
| ApeX Omni BCHUSDT | −0.0074% | 1h | 267.55 | −0.981% | $72K | $215K | 50x | as long as short |
| Coinbase International BCH-PERP-INTXshort | −0.0056% | 1h | 268.36 | −0.681% | $225K | $2.0M | 50x | |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 268.22 | −0.733% | $855K | $3.1M | 50x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
SoDEX BCH-USD
HTX BCH-USDT
GRVT BCH_USDT_Perp
Gate BCH_USDT
Variational Omni BCH
ApeX Omni BCHUSDT
Kraken Futures PF_BCHUSDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0049% | 8h | 267.95 | −0.831% | $72.8M | $230.7M | 75x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 267.89 | −0.856% | $113K | $778K | 25x | as long as short |
| MEXC BCH_USDT | −0.0047% | 8h | 268.38 | −0.674% | $70.3M | $6.6M | 200x | as long as short |
| Bybit BCHUSDT | −0.0022% | 8h | 268.10 | −0.777% | $39.6M | $32.6M | 75x | as long as short |
| Nado BCH-PERP | −0.0017% | 1h | 267.94 | −0.835% | $440K | $421K | 10x | as long as short |
| Bitget BCHUSDT | −0.0003% | 8h | 267.97 | −0.825% | $19.2M | $29.5M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 268.16 | −0.756% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.34 | −0.688% | $1.1M | $10.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 268.35 | −0.685% | $4K | — | 150x | as long as short |
| OKX BCH-USDT-SWAP | +0.0022% | 8h | 268.00 | −0.814% | $26.0M | $76.7M | 50x | as long as short |
| BingX BCH-USDT | +0.0028% | 8h | 267.91 | −0.848% | — | $30.9M | — | as long as short |
| Orderly PERP_BCH_USDC | +0.0030% | 8h | 268.08 | −0.785% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERPlong | +0.0033% | 1h | 270.20 | long leg | $721 | $130K | 12x | |
| BloFin BCH-USDT | +0.0072% | 8h | 267.96 | −0.829% | $3.9M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 267.96 | −0.830% | $369K | $529K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 268.46 | −0.644% | $6.0M | $4.4M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 268.21 | −0.736% | $175K | $666K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 267.98 | −0.822% | $163K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 267.96 | −0.829% | $9.0M | $7.6M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 267.33 | −1.061% | $19K | $292K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 267.89 | −0.855% | $1K | $1.9M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0333% / S −0.0224% | 1h | 268.30 | −0.703% | $31K | — | 100x | as long as short |
Binance BCHUSDT
Extended BCH-USD
MEXC BCH_USDT
Bybit BCHUSDT
Nado BCH-PERP
Bitget BCHUSDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
OKX BCH-USDT-SWAP
BingX BCH-USDT
Orderly PERP_BCH_USDC
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]