Funding you earn now, next payment 07:00 UTC+0.0131%/8h= +14.3% APRnext payment +$0.16 per $10,000 · paid last 24h +0.095%
Price spread now: GMX against Nado+0.084%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and GMX is 0.084% dearer against Nado than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado BCH-PERP | 264.45 | 0.0016 | pay 0.0002% / 1h | 37m 12s | $434K | $356K | 10x |
| Short | GMX BCH/USD [WBTC.b-USDC] | 264.67 | L +0.0202% / S −0.0147% | get 0.0018% / 1h | 37m 12s | $12K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Nado. 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
- $27.51
- Price spread: +0.084% → 0.000%
- $8.44
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $16.95
- Costs to cover
- 0.190%
- Break-even
- 2.7 days
Slippage unknown: Nado: live order book, 6 min ago; GMX: no order-book sample. 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 Nado live order book, 6 min ago | 0.76 bp | 7.8 bp −$8 | 21.0 bp −$210 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0437% | 1h | 264.46 | +0.004% | $2K | $8K | 10x | as long as short |
| HTX BCH-USDT | −0.0191% | 8h | 264.50 | +0.019% | $773K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0167% | 8h | 264.46 | +0.004% | $4.9M | $6.6M | 50x | as long as short |
| KuCoin BCHUSDTM | −0.0110% | 8h | 264.58 | +0.049% | $8.5M | $6.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0103% | 1h | 264.71 | +0.097% | $861K | $3.0M | 50x | as long as short |
| Bitget BCHUSDT | −0.0090% | 8h | 264.44 | −0.004% | $18.9M | $28.4M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0083% | 8h | 264.10 | −0.132% | $25.2M | $77.9M | 50x | as long as short |
| Variational Omni BCH | −0.0082% | 8h | 264.70 | +0.096% | $81K | $196K | — | as long as short |
| Bybit BCHUSDT | −0.0054% | 8h | 264.19 | −0.098% | $38.8M | $31.9M | 75x | as long as short |
| Binance BCHUSDT | −0.0049% | 8h | 264.36 | −0.035% | $72.8M | $221.0M | 75x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0049% | 8h | 264.72 | +0.102% | $70.6M | $8.7M | 200x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 264.39 | −0.023% | $112K | $938K | 25x | as long as short |
| BingX BCH-USDT | −0.0038% | 8h | 264.33 | −0.045% | — | $32.9M | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0023% | 8h | 265.05 | +0.227% | $386K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0013% | 8h | 264.43 | −0.008% | $8.3M | $13.8M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 264.64 | +0.070% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 264.72 | +0.103% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 264.61 | +0.061% | $983K | $10.5M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 264.68 | +0.085% | $440K | $335K | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0008% | 1h | 265.10 | +0.246% | $224K | $1.9M | 50x | as long as short |
| ApeX Omni BCHUSDT | +0.0015% | 1h | 265.08 | +0.238% | $95K | $237K | 50x | as long as short |
| Nado BCH-PERPlong | +0.0016% | 1h | 264.45 | long leg | $434K | $356K | 10x | |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.174% | $721 | $130K | 12x | as long as short |
| SunX BCH-USDT | +0.0037% | 8h | 264.36 | −0.034% | $2K | $1.7M | 30x | as long as short |
| Orderly PERP_BCH_USDC | +0.0045% | 8h | 264.51 | +0.023% | $2K | $176 | 10x | as long as short |
| Aster BCHUSDT | +0.0053% | 8h | 264.50 | +0.019% | $137K | $590K | 75x | as long as short |
| BloFin BCH-USDT | +0.0071% | 8h | 264.28 | −0.064% | $3.9M | $4.5M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 264.30 | −0.056% | $352K | $495K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 264.44 | −0.004% | $5.7M | $4.7M | 10x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 264.52 | +0.025% | $158K | $312K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 264.55 | +0.039% | $18K | $344K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC]short | L +0.0202% / S −0.0147% | 1h | 264.67 | +0.084% | $12K | — | 100x |
GMX BCH/USD [WBTC.b-USDC]
SoDEX BCH-USD
HTX BCH-USDT
Phemex BCHUSDT
KuCoin BCHUSDTM
Kraken Futures PF_BCHUSD
Bitget BCHUSDT
OKX BCH-USDT-SWAP
Variational Omni BCH
Bybit BCHUSDT
Binance BCHUSDT
MEXC BCH_USDT
Extended BCH-USD
BingX BCH-USDT
GRVT BCH_USDT_Perp
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Coinbase International BCH-PERP-INTX
ApeX Omni BCHUSDT
Injective BCH/USDC PERP
SunX BCH-USDT
Aster BCHUSDT
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Pacifica BCH
edgeX BCHUSDC