Funding you earn now, next payment 23:00 UTC+0.0254%/8h= +27.9% APRpaid last 24h +0.020%
Price spread now: SunX against Injective−0.107%61s7-day average −0.019% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 3 days (all we have)+1.051%+$105 · spread now −0.107%, 7d avg −0.019%
=Funding pays, the price is against you. SunX is 0.089% cheaper against Injective than usual: you would sell low and buy high (spread −0.107% now, against its 7-day average of −0.019%). If the spread goes back, that is −$9 on $10k: about 28 hours of funding at the current rate (+$8 a day). The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.031% in total (about -1.6% 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 | 11m 39s | $721 | $130K | 12x |
| Short | SunX BCH-USDT | 269.91 | 0.0100 | get 0.0100% / 8h | 1h 11m | $1K | $2.0M | 30x |
Injective BCH/USDC PERP
SunX BCH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $53.41
- Price spread: −0.107% → −0.019%
- −$8.87
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $36.52
- Costs to cover
- 0.080%
- Break-even
- 2.2 days
Slippage unknown: Injective: no order-book sample; SunX: live order book, 4 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 SunX live order book, 4 min ago | 500.18 bp | doesn't fit | doesn't fit | 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 | −0.0482% | 1h | 270.17 | −0.012% | $458K | $265K | 25x | as long as short |
| Phemex BCHUSDT | −0.0191% | 8h | 270.08 | −0.044% | $4.9M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0170% | 1h | 270.01 | −0.070% | $2K | $6K | 10x | as long as short |
| Injective BCH/USDC PERPlong | −0.0154% | 1h | 270.20 | long leg | $721 | $130K | 12x | |
| Variational Omni BCH | −0.0115% | 8h | 269.72 | −0.179% | $83K | $294K | — | as long as short |
| Bybit BCHUSDT | −0.0067% | 8h | 269.80 | −0.148% | $39.4M | $33.0M | 75x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 269.84 | −0.134% | $117K | $653K | 25x | as long as short |
| Binance BCHUSDT | −0.0046% | 8h | 269.97 | −0.087% | $75.1M | $234.2M | 75x | as long as short |
| MEXC BCH_USDT | −0.0045% | 8h | 270.33 | +0.048% | $70.8M | $6.6M | 200x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 270.30 | +0.037% | $5K | $248 | 10x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
SoDEX BCH-USD
Variational Omni BCH
Bybit BCHUSDT
Extended BCH-USD
Binance BCHUSDT
MEXC 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 | 270.45 | +0.093% | $1.3M | $11.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 270.25 | +0.018% | $4K | — | 150x | as long as short |
| Gate BCH_USDT | +0.0005% | 8h | 270.00 | −0.074% | $8.4M | $14.9M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 270.97 | +0.285% | $243K | $2.1M | 50x | as long as short |
| GRVT BCH_USDT_Perp | +0.0018% | 8h | 270.08 | −0.045% | $394K | $17K | 10x | as long as short |
| Bitget BCHUSDT | +0.0019% | 8h | 269.71 | −0.181% | $19.4M | $29.4M | 75x | as long as short |
| Orderly PERP_BCH_USDC | +0.0024% | 8h | 270.05 | −0.056% | $2K | $176 | 10x | as long as short |
| OKX BCH-USDT-SWAP | +0.0060% | 8h | 269.80 | −0.148% | $26.4M | $78.3M | 50x | as long as short |
| BingX BCH-USDC | +0.0071% | 8h | 269.71 | −0.181% | — | $6.5M | — | as long as short |
| BloFin BCH-USDT | +0.0074% | 8h | 269.94 | −0.096% | $4.0M | $4.2M | 50x | as long as short |
| Nado BCH-PERP | +0.0094% | 1h | 270.00 | −0.074% | $442K | $428K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 270.06 | −0.052% | $378K | $588K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 270.28 | +0.030% | $6.0M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 270.13 | −0.026% | $218K | $703K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 269.96 | −0.087% | $164K | $467K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 270.09 | −0.041% | $9.3M | $8.0M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 270.10 | −0.036% | $19K | $290K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 270.36 | +0.059% | $73K | $213K | 50x | as long as short |
| SunX BCH-USDTshort | +0.0100% | 8h | 269.91 | −0.107% | $1K | $2.0M | 30x | |
| HTX BCH-USDT | +0.0100% | 8h | 270.06 | −0.052% | $777K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0113% | 1h | 270.28 | +0.029% | $818K | $3.2M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0335% / S −0.0388% | 1h | 270.31 | +0.042% | $26K | — | 100x | as long as short |
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Gate BCH_USDT
Coinbase International BCH-PERP-INTX
GRVT BCH_USDT_Perp
Bitget BCHUSDT
Orderly PERP_BCH_USDC
OKX BCH-USDT-SWAP
BingX BCH-USDC
BloFin BCH-USDT
Nado BCH-PERP
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
HTX BCH-USDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]