Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h −0.020%
Price spread now: Bybit against KuCoin+0.004%7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$560.564% of the position
Funding, last 7 days−0.090%−$9 on $10k
+Price spread, last 7 days−0.057%−$6 · spread now +0.004%, 7d avg −0.054%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.058% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.054%. Mind the row above: over the last 7 days funding on this pair cost −0.090%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BCHUSDTM | 264.29 | −0.0080 | get 0.0080% / 8h | 4h 52m | $8.5M | $7.1M | 75x |
| Short | Bybit BCHUSDT | 264.30 | −0.0030 | pay 0.0030% / 8h | 4h 52m | $39.1M | $30.9M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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
- $10.46
- Price spread: +0.004% → −0.054%
- $5.81
- Slippage, 4 orders
- −$33.44
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$40.17
- Costs to cover
- 0.564%
- Break-even
- 33.9 days
Slippage from KuCoin: live order book, 1 min ago; Bybit: 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, 1 min ago | 2.45 bp | 18.2 bp −$18 | 54.0 bp −$540 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.89 bp | 10.1 bp −$10 | 18.7 bp −$187 | 64.9 bp −$6,493 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BCH-USDT | −0.0838% | 8h | 264.12 | −0.064% | $1K | $1.7M | 30x | as long as short |
| ApeX Omni BCHUSDT | −0.0625% | 1h | 264.10 | −0.072% | $96K | $228K | 50x | as long as short |
| SoDEX BCH-USD | −0.0406% | 1h | 264.08 | −0.079% | $2K | $8K | 10x | as long as short |
| HTX BCH-USDT | −0.0344% | 8h | 264.30 | +0.004% | $771K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0336% | 8h | 264.24 | −0.019% | $4.9M | $6.3M | 50x | as long as short |
| Nado BCH-PERP | −0.0199% | 1h | 264.36 | +0.027% | $420K | $338K | 10x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0162% | 1h | 264.30 | +0.004% | $442K | $331K | 25x | as long as short |
| GRVT BCH_USDT_Perp | −0.0122% | 8h | 264.00 | −0.110% | $385K | $17K | 10x | as long as short |
| Binance BCHUSDT | −0.0104% | 8h | 264.25 | −0.015% | $72.0M | $213.5M | 75x | as long as short |
| Extended BCH-USD | −0.0104% | 1h | 264.08 | −0.080% | $112K | $952K | 25x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BCH-PERP-INTX | −0.0104% | 1h | 265.07 | +0.295% | $221K | $1.8M | 50x | as long as short |
| MEXC BCH_USDT | −0.0103% | 8h | 264.73 | +0.166% | $70.0M | $7.3M | 200x | as long as short |
| Gate BCH_USDT | −0.0095% | 8h | 264.40 | +0.042% | $8.3M | $13.3M | 75x | as long as short |
| Variational Omni BCH | −0.0092% | 8h | 265.11 | +0.309% | $81K | $201K | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0085% | 8h | 264.20 | −0.034% | $24.9M | $74.0M | 50x | as long as short |
| KuCoin BCHUSDTMlong | −0.0080% | 8h | 264.29 | long leg | $8.5M | $7.1M | 75x | |
| Bitget BCHUSDT | −0.0073% | 8h | 264.13 | −0.061% | $19.0M | $28.1M | 75x | as long as short |
| BingX BCH-USDC | −0.0039% | 8h | 264.61 | +0.121% | — | $6.5M | — | as long as short |
| Bybit BCHUSDTshort | −0.0030% | 8h | 264.30 | +0.004% | $39.1M | $30.9M | 75x | |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 264.47 | +0.068% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 264.87 | +0.220% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 264.76 | +0.178% | $1.1M | $10.2M | 2.7x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0011% | 1h | 264.30 | +0.005% | $847K | $3.0M | 50x | as long as short |
| BloFin BCH-USDT | +0.0016% | 8h | 264.84 | +0.208% | $4.0M | $4.2M | 50x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.236% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0035% | 8h | 264.26 | −0.011% | $2K | $176 | 10x | as long as short |
| Pacifica BCH | +0.0077% | 1h | 264.60 | +0.119% | $161K | $321K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 264.16 | −0.049% | $361K | $482K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 264.61 | +0.121% | $5.7M | $4.6M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 264.48 | +0.072% | $167K | $519K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 264.77 | +0.183% | $19K | $290K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0356% / S −0.0525% | 1h | 264.45 | +0.060% | $25K | — | 100x | as long as short |
KuCoin BCHUSDTM
Bybit BCHUSDT
SunX BCH-USDT
ApeX Omni BCHUSDT
SoDEX BCH-USD
HTX BCH-USDT
Phemex BCHUSDT
Deribit BCH_USDC-PERPETUAL
GRVT BCH_USDT_Perp
Binance BCHUSDT
Extended BCH-USD
Coinbase International BCH-PERP-INTX
MEXC BCH_USDT
Gate BCH_USDT
Variational Omni BCH
OKX BCH-USDT-SWAP
Bitget BCHUSDT
BingX BCH-USDC
gTrade (Gains Network) BCH/USD
Kalshi KXBCHPERP
Kraken Futures PF_BCHUSD
BloFin BCH-USDT
Injective BCH/USDC PERP
Pacifica BCH
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]