BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0130%/8h= −14.2% APRnext payment −$1.30 per $10,000 · paid last 24h −0.012%

Price spread now: Binance against KuCoin+0.094%7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$520.520% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.121%−$12 on $10k

Price spread, last 7 days−0.100%−$10 · spread now +0.094%, 7d avg −0.024%

Together, before fees−0.221%−$22 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.118% dearer against KuCoin than usual: you sell high and buy low (spread +0.094% now, against its 7-day average of −0.024%): +$12 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.0 days. At the pace of the last 7 days (−0.121% in total) that is about 6.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BCHUSDTM	265.59	0.0034	pay 0.0034% / 8h	6h 26m	$8.6M	$7.5M	75x
Short	Binance BCHUSDT	265.84	−0.0096	pay 0.0096% / 8h	6h 26m	$72.0M	$234.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.094%Rate

Funding earned: −$27.29
Price spread: +0.094% → −0.024%: $11.77
Slippage, 4 orders: −$30.03
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$67.54
Costs to cover: 0.520%
Break-even: never at this rate

Slippage from KuCoin: live order book, 6 min ago; Binance: live order book, 2 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 KuCoin live order book, 6 min ago	2.08 bp	15.9 bp −$16	51.4 bp −$514	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	0.19 bp	8.6 bp −$9	19.2 bp −$192	67.0 bp −$6,699	doesn't fit

BCH on 31 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
SunX BCH-USDT	−0.0766%	8h	265.33	−0.098%	$1K	$1.9M	30x	as long as short
SoDEX BCH-USD	−0.0518%	1h	265.35	−0.090%	$2K	$6K	10x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0473%	1h	265.46	−0.047%	$449K	$255K	25x	as long as short
Phemex BCHUSDT	−0.0431%	8h	265.24	−0.132%	$4.9M	$6.6M	50x	as long as short
Kraken Futures PF_BCHUSD	−0.0299%	1h	265.56	−0.011%	$851K	$3.1M	50x	as long as short
HTX BCH-USDT	−0.0281%	8h	265.29	−0.113%	$778K	$1.6M	75x	as long as short
GRVT BCH_USDT_Perp	−0.0177%	8h	265.28	−0.117%	$387K	$17K	10x	as long as short
ApeX Omni BCHUSDT	−0.0175%	1h	265.37	−0.083%	$97K	$227K	50x	as long as short
Gate BCH_USDT	−0.0123%	8h	265.49	−0.038%	$8.4M	$13.5M	75x	as long as short
Variational Omni BCH	−0.0117%	8h	264.71	−0.332%	$81K	$253K	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BCH-PERP-INTX	−0.0112%	1h	265.07	−0.196%	$231K	$2.0M	50x	as long as short
Extended BCH-USD	−0.0096%	1h	265.37	−0.082%	$112K	$962K	25x	as long as short
Binance BCHUSDTshort	−0.0096%	8h	265.84	+0.094%	$72.0M	$234.7M	75x
MEXC BCH_USDT	−0.0094%	8h	266.10	+0.192%	$70.2M	$7.0M	200x	as long as short
Bybit BCHUSDT	−0.0061%	8h	265.84	+0.094%	$39.2M	$33.1M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0045%	8h	265.80	+0.079%	$25.3M	$78.6M	50x	as long as short
Bitget BCHUSDT	−0.0040%	8h	265.63	+0.015%	$19.1M	$29.3M	75x	as long as short
BingX BCH-USDT	−0.0031%	8h	265.59	0.000%	—	$32.3M	—	as long as short
Nado BCH-PERP	−0.0030%	1h	265.45	−0.053%	$421K	$386K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	265.93	+0.130%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	265.87	+0.105%	$1.1M	$11.1M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	265.63	+0.015%	$4K	—	150x	as long as short
Orderly PERP_BCH_USDC	+0.0032%	8h	265.39	−0.075%	$2K	$176	10x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.736%	$721	$130K	12x	as long as short
KuCoin BCHUSDTMlong	+0.0034%	8h	265.59	long leg	$8.6M	$7.5M	75x
Pacifica BCH	+0.0040%	1h	265.84	+0.094%	$162K	$404K	10x	as long as short
Lighter BCH	+0.0096%	1h	265.78	+0.072%	$366K	$478K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.90	+0.117%	$5.8M	$5.1M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	265.52	−0.025%	$168K	$697K	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	265.19	−0.151%	$19K	$290K	20x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0333% / S −0.0451%	1h	265.64	+0.019%	$25K	—	100x	as long as short