BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.16 per $10,000 · paid last 24h +0.007%

Price spread now: GRVT against MEXC−0.035%7-day average −0.195% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$290.289% of the position

Long on MEXC Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.053%+$5 on $10k

Price spread, last 4 days (all we have)+0.280%+$28 · spread now −0.035%, 7d avg −0.195%

Together, before fees+0.333%+ Points / potential airdropGRVT: Active · farm board+$33 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and GRVT is 0.161% dearer against MEXC than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.195%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BCH_USDT	265.91	−0.0047	get 0.0047% / 8h	45m 11s	$71.0M	$8.7M	200x
Short	GRVT BCH_USDT_Perp	265.82	−0.0031	pay 0.0031% / 8h	45m 11s	$388K	$17K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against MEXC. 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 MEXCbpFee GRVTbpOrdersPrice spread, now −0.035%Rate

Funding earned: $3.36
Price spread: −0.035% → −0.195%: $16.06
Slippage, 4 orders: −$15.85
Fee MEXC: 2 bp × 2 orders: −$4
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$9.43
Costs to cover: 0.289%
Break-even: 26.6 days

Slippage from MEXC: live order book, 4 min ago; GRVT: live order book, 57 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 MEXC live order book, 4 min ago	2.82 bp	5.3 bp −$5	13.2 bp −$132	46.0 bp −$4,601	105.2 bp −$52.6K
Sell GRVT live order book, 57 min ago	0.94 bp	8.4 bp −$8	23.2 bp −$232	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
SoDEX BCH-USD	−0.0287%	1h	265.56	−0.132%	$2K	$8K	10x	as long as short
Kraken Futures PF_BCHUSD	−0.0219%	1h	265.82	−0.032%	$865K	$2.9M	50x	as long as short
Phemex BCHUSDT	−0.0168%	8h	265.55	−0.135%	$4.9M	$6.6M	50x	as long as short
HTX BCH-USDT	−0.0126%	8h	265.24	−0.252%	$777K	$1.4M	75x	as long as short
Variational Omni BCH	−0.0107%	8h	265.50	−0.155%	$81K	$196K	—	as long as short
KuCoin BCHUSDTM	−0.0085%	8h	265.76	−0.056%	$8.5M	$6.5M	75x	as long as short
Bybit BCHUSDT	−0.0083%	8h	265.50	−0.154%	$39.0M	$31.6M	75x	as long as short
Bitget BCHUSDT	−0.0070%	8h	265.64	−0.102%	$18.9M	$28.1M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0062%	8h	265.50	−0.154%	$25.3M	$77.6M	50x	as long as short
Extended BCH-USD	−0.0048%	1h	265.43	−0.181%	$111K	$909K	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BCHUSDT	−0.0047%	8h	265.63	−0.106%	$73.2M	$218.3M	75x	as long as short
MEXC BCH_USDTlong	−0.0047%	8h	265.91	long leg	$71.0M	$8.7M	200x
BingX BCH-USDT	−0.0038%	8h	265.61	−0.113%	—	$15.4M	—	as long as short
GRVT BCH_USDT_Perpshort	−0.0031%	8h	265.82	−0.035%	$388K	$17K	10x
Gate BCH_USDT	−0.0014%	8h	265.62	−0.109%	$8.4M	$13.4M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	265.74	−0.064%	$15K	—	150x	as long as short
Pacifica BCH	−0.0003%	1h	265.24	−0.253%	$159K	$310K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	265.56	−0.132%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	265.78	−0.049%	$1.0M	$10.5M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	265.71	−0.074%	$442K	$337K	25x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.613%	$721	$130K	12x	as long as short
Aster BCHUSDT	+0.0039%	8h	265.59	−0.122%	$138K	$591K	75x	as long as short
Orderly PERP_BCH_USDC	+0.0045%	8h	265.64	−0.102%	$2K	$176	10x	as long as short
Nado BCH-PERP	+0.0062%	1h	265.26	−0.245%	$437K	$358K	10x	as long as short
BloFin BCH-USDT	+0.0073%	8h	265.57	−0.128%	$4.0M	$4.5M	50x	as long as short
Coinbase International BCH-PERP-INTX	+0.0088%	1h	265.72	−0.071%	$226K	$1.9M	50x	as long as short
Lighter BCH	+0.0096%	1h	265.64	−0.103%	$354K	$469K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.54	−0.139%	$5.7M	$4.7M	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	265.76	−0.055%	$19K	$345K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	265.69	−0.083%	$95K	$241K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	265.19	−0.271%	$2K	$1.7M	30x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	265.80	−0.040%	$12K	—	100x	as long as short