Funding you earn now, next payment 08:00 UTC−0.0074%/8h= −8.1% APRnext payment −$0.74 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against KuCoin−0.071%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$560.556% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 7 days+0.041%+$4 · spread now −0.071%, 7d avg −0.048%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.023% cheaper against KuCoin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.048%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BCHUSDTM | 267.99 | 0.0100 | pay 0.0100% / 8h | 7h 56m | $9.0M | $7.7M | 75x |
| Short | OKX BCH-USDT-SWAP | 267.80 | 0.0026 | get 0.0026% / 8h | 7h 56m | $26.0M | $78.9M | 50x |
KuCoin BCHUSDTM
OKX BCH-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$15.49
- Price spread: −0.071% → −0.048%
- −$2.28
- Slippage, 4 orders
- −$33.59
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$73.36
- Costs to cover
- 0.556%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; OKX: 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, 2 min ago | 2.98 bp | 18.6 bp −$19 | 55.0 bp −$550 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 1.87 bp | 8.1 bp −$8 | 16.3 bp −$163 | 68.2 bp −$6,825 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex BCHUSDT | −0.1780% | 8h | 267.82 | −0.063% | $4.9M | $6.5M | 50x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0365% | 1h | 268.05 | +0.024% | $453K | $266K | 25x | as long as short |
| SoDEX BCH-USD | −0.0332% | 1h | 267.90 | −0.034% | $2K | $6K | 10x | as long as short |
| Variational Omni BCH | −0.0134% | 8h | 266.81 | −0.439% | $82K | $292K | — | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 267.42 | −0.213% | $226K | $2.1M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 268.15 | +0.058% | $857K | $3.2M | 50x | as long as short |
| ApeX Omni BCHUSDT | −0.0037% | 1h | 266.85 | −0.425% | $72K | $214K | 50x | as long as short |
| Binance BCHUSDT | −0.0034% | 8h | 267.94 | −0.019% | $73.1M | $235.5M | 75x | as long as short |
| MEXC BCH_USDT | −0.0034% | 8h | 268.47 | +0.179% | $70.3M | $6.6M | 200x | as long as short |
| Nado BCH-PERP | −0.0033% | 1h | 267.95 | −0.014% | $441K | $435K | 10x | as long as short |
Phemex BCHUSDT
Deribit BCH_USDC-PERPETUAL
SoDEX BCH-USD
Variational Omni BCH
Coinbase International BCH-PERP-INTX
Kraken Futures PF_BCHUSD
ApeX Omni BCHUSDT
Binance BCHUSDT
MEXC BCH_USDT
Nado BCH-PERPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0032% | 1h | 267.91 | −0.029% | $115K | $648K | 25x | as long as short |
| HTX BCH-USDT | −0.0011% | 8h | 267.83 | −0.060% | $774K | $1.7M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 268.16 | +0.064% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.41 | +0.157% | $1.1M | $11.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 268.19 | +0.075% | $4K | — | 150x | as long as short |
| GRVT BCH_USDT_Perp | +0.0016% | 8h | 266.96 | −0.384% | $389K | $17K | 10x | as long as short |
| Bitget BCHUSDT | +0.0017% | 8h | 267.83 | −0.060% | $19.2M | $30.1M | 75x | as long as short |
| OKX BCH-USDT-SWAPshort | +0.0026% | 8h | 267.80 | −0.071% | $26.0M | $78.9M | 50x | |
| Orderly PERP_BCH_USDC | +0.0030% | 8h | 267.89 | −0.037% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.825% | $721 | $130K | 12x | as long as short |
| Gate BCH_USDT | +0.0034% | 8h | 268.12 | +0.049% | $8.4M | $14.0M | 75x | as long as short |
| BloFin BCH-USDT | +0.0086% | 8h | 267.99 | 0.000% | $3.9M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 268.08 | +0.032% | $370K | $526K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 268.29 | +0.112% | $6.0M | $4.5M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 267.99 | −0.001% | $174K | $715K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 268.09 | +0.036% | $163K | $430K | 10x | as long as short |
| Bybit BCHUSDT | +0.0100% | 8h | 267.90 | −0.034% | $39.5M | $33.2M | 75x | as long as short |
| KuCoin BCHUSDTMlong | +0.0100% | 8h | 267.99 | long leg | $9.0M | $7.7M | 75x | |
| BingX BCH-USDT | +0.0100% | 8h | 267.92 | −0.026% | — | $31.0M | — | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 267.01 | −0.367% | $19K | $290K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 267.86 | −0.049% | $2K | $2.0M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0333% / S −0.0224% | 1h | 268.17 | +0.068% | $31K | — | 100x | as long as short |
Extended BCH-USD
HTX BCH-USDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
GRVT BCH_USDT_Perp
Bitget BCHUSDT
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
Gate BCH_USDT
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
Bybit BCHUSDT
BingX BCH-USDT
edgeX BCHUSDC
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]