Funding you earn now, next payment 23:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.020%
Price spread now: OKX against Nado+0.017%49s7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$290.295% of the position
Funding, last 3 days (all we have)+0.084%+$8 on $10k
+Price spread, last 3 days (all we have)−0.150%−$15 · spread now +0.017%, 7d avg −0.010%
=Together, before fees−0.066%+ Points / potential airdropNado: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.027% dearer against Nado than usual: you sell high and buy low (spread +0.017% now, against its 7-day average of −0.010%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.8 days. Mind the row above: over the last 3 days funding on this pair paid +0.084%, so the current rate has only just turned against you. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado BCH-PERP | 271.25 | 0.0100 | pay 0.0012% / 1h | 34m 36s | $446K | $427K | 10x |
| Short | OKX BCH-USDT-SWAP | 271.30 | 0.0068 | get 0.0068% / 8h | 1h 34m | $26.2M | $78.4M | 50x |
Nado BCH-PERP
OKX BCH-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$6.79
- Price spread: +0.017% → −0.010%
- $2.69
- Slippage, 4 orders
- −$12.46
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$33.57
- Costs to cover
- 0.295%
- Break-even
- never at this rate
Slippage from Nado: live order book, 48 min ago; OKX: live order book, 4 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 Nado live order book, 48 min ago | 0.19 bp | 7.0 bp −$7 | 22.5 bp −$225 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.84 bp | 7.4 bp −$7 | 16.7 bp −$167 | 88.3 bp −$8,831 | 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 | −0.0805% | 1h | 271.62 | +0.135% | $460K | $265K | 25x | as long as short |
| Phemex BCHUSDT | −0.0204% | 8h | 271.53 | +0.101% | $5.0M | $6.3M | 50x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 270.20 | −0.389% | $721 | $130K | 12x | as long as short |
| SoDEX BCH-USD | −0.0100% | 1h | 271.29 | +0.013% | $2K | $6K | 10x | as long as short |
| Variational Omni BCH | −0.0082% | 8h | 271.12 | −0.050% | $86K | $291K | — | as long as short |
| Extended BCH-USD | −0.0064% | 1h | 271.02 | −0.088% | $117K | $653K | 25x | as long as short |
| MEXC BCH_USDT | −0.0060% | 8h | 271.87 | +0.227% | $71.4M | $6.4M | 200x | as long as short |
| Binance BCHUSDT | −0.0059% | 8h | 271.30 | +0.017% | $75.5M | $232.9M | 75x | as long as short |
| Bybit BCHUSDT | −0.0021% | 8h | 271.17 | −0.031% | $39.7M | $32.8M | 75x | as long as short |
| Gate BCH_USDT | −0.0013% | 8h | 271.26 | +0.002% | $8.4M | $14.7M | 75x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
Injective BCH/USDC PERP
SoDEX BCH-USD
Variational Omni BCH
Extended BCH-USD
MEXC BCH_USDT
Binance BCHUSDT
Bybit BCHUSDT
Gate BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BCHUSDT | −0.0005% | 8h | 271.23 | −0.009% | $20.1M | $29.1M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 271.47 | +0.079% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 271.88 | +0.230% | $1.2M | $11.7M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 271.66 | +0.148% | $5K | — | 150x | as long as short |
| GRVT BCH_USDT_Perp | +0.0014% | 8h | 271.46 | +0.075% | $396K | $17K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 271.59 | +0.124% | $234K | $2.1M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0026% | 8h | 271.47 | +0.079% | $2K | $176 | 10x | as long as short |
| BloFin BCH-USDT | +0.0059% | 8h | 271.39 | +0.050% | $4.0M | $4.2M | 50x | as long as short |
| BingX BCH-USDT | +0.0063% | 8h | 271.28 | +0.009% | — | $30.5M | — | as long as short |
| OKX BCH-USDT-SWAPshort | +0.0068% | 8h | 271.30 | +0.017% | $26.2M | $78.4M | 50x | |
| Lighter BCH | +0.0096% | 1h | 271.34 | +0.032% | $379K | $584K | 10x | as long as short |
| Nado BCH-PERPlong | +0.0100% | 1h | 271.25 | long leg | $446K | $427K | 10x | |
| Hyperliquid BCH | +0.0100% | 1h | 271.48 | +0.083% | $6.1M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 271.40 | +0.052% | $221K | $700K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 271.26 | +0.003% | $165K | $468K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 271.40 | +0.053% | $9.2M | $8.0M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 271.59 | +0.122% | $19K | $289K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 271.90 | +0.238% | $74K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 271.21 | −0.017% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 271.34 | +0.031% | $785K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0112% | 1h | 271.52 | +0.099% | $810K | $3.2M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0343% / S −0.0467% | 1h | 271.93 | +0.247% | $26K | — | 100x | as long as short |
Bitget BCHUSDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
GRVT BCH_USDT_Perp
Coinbase International BCH-PERP-INTX
Orderly PERP_BCH_USDC
BloFin BCH-USDT
BingX BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]