Funding you earn now, next payment 00:00 UTC−0.0234%/8h= −25.6% APRnext payment −$2.34 per $10,000 · paid last 24h −0.021%
Price spread now: Variational Omni against KuCoin−0.133%7-day average −0.044% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.058%−$6 on $10k
+Price spread, last 3 days (all we have)+0.086%+$9 · spread now −0.133%, 7d avg −0.044%
=Together, before fees+0.028%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.089% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.044%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.058% in total (about -6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.34 per $10,000. 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 | KuCoin BCHUSDTM | 266.87 | 0.0100 | pay 0.0100% / 8h | 5m 30s | $8.9M | $7.8M | 75x |
| Short | Variational Omni BCH | 266.51 | −0.0134 | pay 0.0134% / 8h | 5m 30s | $82K | $292K | — |
KuCoin BCHUSDTM
Variational Omni BCHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$49.19
- Price spread: −0.133% → −0.044%
- −$8.9
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$70.09
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 3 min ago; Variational Omni: RFQ quote, 8 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 KuCoin live order book, 3 min ago | 1.69 bp | 15.3 bp −$15 | 48.1 bp −$481 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 8 min ago | 6.01 bp | doesn't fit | 23.7 bp −$237 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0499% | 1h | 266.78 | −0.035% | $451K | $266K | 25x | as long as short |
| SoDEX BCH-USD | −0.0338% | 1h | 266.68 | −0.071% | $2K | $6K | 10x | as long as short |
| Variational Omni BCHshort | −0.0134% | 8h | 266.51 | −0.133% | $82K | $292K | — | |
| Kraken Futures PF_BCHUSD | −0.0126% | 1h | 266.90 | +0.012% | $840K | $3.1M | 50x | as long as short |
| Phemex BCHUSDT | −0.0120% | 8h | 266.64 | −0.086% | $4.9M | $6.5M | 50x | as long as short |
| Bybit BCHUSDT | −0.0077% | 8h | 266.65 | −0.082% | $39.2M | $33.0M | 75x | as long as short |
| ApeX Omni BCHUSDT | −0.0063% | 1h | 266.39 | −0.180% | $72K | $214K | 50x | as long as short |
| Injective BCH/USDC PERP | −0.0054% | 1h | 270.20 | +1.248% | $721 | $130K | 12x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0032% | 1h | 266.58 | −0.109% | $224K | $2.1M | 50x | as long as short |
| Binance BCHUSDT | −0.0026% | 8h | 266.71 | −0.060% | $73.0M | $232.9M | 75x | as long as short |
Deribit BCH_USDC-PERPETUAL
SoDEX BCH-USD
Kraken Futures PF_BCHUSD
Phemex BCHUSDT
Bybit BCHUSDT
ApeX Omni BCHUSDT
Injective BCH/USDC PERP
Coinbase International BCH-PERP-INTX
Binance BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0025% | 8h | 267.28 | +0.154% | $70.0M | $6.9M | 200x | as long as short |
| Extended BCH-USD | −0.0024% | 1h | 266.60 | −0.102% | $115K | $652K | 25x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 266.87 | +0.002% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 267.09 | +0.082% | $1.2M | $11.7M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 266.85 | −0.006% | $4K | — | 150x | as long as short |
| Gate BCH_USDT | +0.0001% | 8h | 266.75 | −0.045% | $8.3M | $14.9M | 75x | as long as short |
| Nado BCH-PERP | +0.0012% | 1h | 266.65 | −0.082% | $441K | $434K | 10x | as long as short |
| GRVT BCH_USDT_Perp | +0.0020% | 8h | 266.55 | −0.119% | $388K | $17K | 10x | as long as short |
| Bitget BCHUSDT | +0.0021% | 8h | 266.75 | −0.045% | $19.1M | $30.1M | 75x | as long as short |
| OKX BCH-USDT-SWAP | +0.0027% | 8h | 266.60 | −0.101% | $26.0M | $78.5M | 50x | as long as short |
| BingX BCH-USDT | +0.0028% | 8h | 266.67 | −0.075% | — | $31.2M | — | as long as short |
| Orderly PERP_BCH_USDC | +0.0029% | 8h | 266.65 | −0.082% | $2K | $176 | 10x | as long as short |
| BloFin BCH-USDT | +0.0095% | 8h | 266.51 | −0.135% | $3.9M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 266.73 | −0.051% | $368K | $559K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 267.07 | +0.075% | $6.0M | $4.5M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 266.79 | −0.029% | $211K | $673K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 266.78 | −0.034% | $162K | $429K | 10x | as long as short |
| KuCoin BCHUSDTMlong | +0.0100% | 8h | 266.87 | long leg | $8.9M | $7.8M | 75x | |
| edgeX BCHUSDC | +0.0100% | 4h | 266.46 | −0.155% | $19K | $291K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 266.50 | −0.139% | $1K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 266.53 | −0.127% | $774K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0332% / S −0.0451% | 1h | 266.86 | −0.004% | $25K | — | 100x | as long as short |
MEXC BCH_USDT
Extended BCH-USD
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Gate BCH_USDT
Nado BCH-PERP
GRVT BCH_USDT_Perp
Bitget BCHUSDT
OKX BCH-USDT-SWAP
BingX BCH-USDT
Orderly PERP_BCH_USDC
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
edgeX BCHUSDC
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]