Funding you earn now, next payment 23:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h +0.015%
Price spread now: Orderly against Nado−0.039%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.039% cheaper against Nado than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado BCH-PERP | 271.45 | 0.0062 | pay 0.0008% / 1h | 43m 05s | $445K | $427K | 10x |
| Short | Orderly PERP_BCH_USDC | 271.35 | 0.0026 | get 0.0026% / 8h | 1h 43m | $2K | $176 | 10x |
Nado BCH-PERP
Orderly PERP_BCH_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$7.5
- Price spread: −0.039% → 0.000%
- −$3.87
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$24.37
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 40 min ago; Orderly: 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, 40 min ago | 0.19 bp | 7.0 bp −$7 | 22.5 bp −$225 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex BCHUSDT | −0.0218% | 8h | 271.42 | −0.013% | $4.9M | $6.3M | 50x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0155% | 1h | 271.50 | +0.017% | $460K | $265K | 25x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 270.20 | −0.462% | $721 | $130K | 12x | as long as short |
| Variational Omni BCH | −0.0073% | 8h | 270.32 | −0.417% | $86K | $291K | — | as long as short |
| MEXC BCH_USDT | −0.0068% | 8h | 272.03 | +0.212% | $71.8M | $6.3M | 200x | as long as short |
| Binance BCHUSDT | −0.0065% | 8h | 271.63 | +0.064% | $75.6M | $232.2M | 75x | as long as short |
| Extended BCH-USD | −0.0064% | 1h | 271.68 | +0.084% | $117K | $653K | 25x | as long as short |
| SoDEX BCH-USD | −0.0049% | 1h | 271.45 | −0.002% | $2K | $6K | 10x | as long as short |
| Bitget BCHUSDT | −0.0013% | 8h | 271.76 | +0.112% | $20.2M | $29.0M | 75x | as long as short |
| Gate BCH_USDT | −0.0008% | 8h | 271.56 | +0.039% | $8.4M | $14.7M | 75x | as long as short |
Phemex BCHUSDT
Deribit BCH_USDC-PERPETUAL
Injective BCH/USDC PERP
Variational Omni BCH
MEXC BCH_USDT
Binance BCHUSDT
Extended BCH-USD
SoDEX BCH-USD
Bitget BCHUSDT
Gate BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX BCH-USD | 0.0000% | 1h | 271.63 | +0.066% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 271.80 | +0.127% | $1.1M | $11.6M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 271.55 | +0.035% | $5K | — | 150x | as long as short |
| Bybit BCHUSDT | +0.0002% | 8h | 271.62 | +0.061% | $39.9M | $32.7M | 75x | as long as short |
| GRVT BCH_USDT_Perp | +0.0007% | 8h | 270.52 | −0.343% | $394K | $17K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 271.57 | +0.042% | $234K | $2.1M | 50x | as long as short |
| Orderly PERP_BCH_USDCshort | +0.0026% | 8h | 271.35 | −0.039% | $2K | $176 | 10x | |
| BingX BCH-USDT | +0.0049% | 8h | 271.62 | +0.061% | — | $30.5M | — | as long as short |
| BloFin BCH-USDT | +0.0055% | 8h | 271.59 | +0.050% | $4.0M | $4.2M | 50x | as long as short |
| OKX BCH-USDT-SWAP | +0.0060% | 8h | 271.80 | +0.127% | $26.4M | $78.1M | 50x | as long as short |
| Nado BCH-PERPlong | +0.0062% | 1h | 271.45 | long leg | $445K | $427K | 10x | |
| Lighter BCH | +0.0096% | 1h | 271.59 | +0.050% | $381K | $583K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 271.91 | +0.168% | $6.1M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 271.66 | +0.076% | $221K | $700K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 271.53 | +0.029% | $165K | $468K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 271.73 | +0.101% | $9.0M | $7.9M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 270.49 | −0.354% | $19K | $290K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 270.72 | −0.271% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 271.38 | −0.028% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 271.41 | −0.017% | $790K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0112% | 1h | 271.75 | +0.107% | $811K | $3.2M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0342% / S −0.0467% | 1h | 271.57 | +0.042% | $26K | — | 100x | as long as short |
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Bybit BCHUSDT
GRVT BCH_USDT_Perp
Coinbase International BCH-PERP-INTX
BingX BCH-USDT
BloFin BCH-USDT
OKX BCH-USDT-SWAP
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]