Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.11 per $10,000 · paid last 24h −0.005%
Price spread now: Binance against OKX+0.073%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$330.332% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 7 days−0.067%−$7 · spread now +0.073%, 7d avg +0.024%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Binance is 0.049% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.024%. Mind the row above: over the last 7 days funding on this pair cost −0.056%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BCH-USDT-SWAP | 264.70 | −0.0099 | get 0.0099% / 8h | 4h 03m | $25.3M | $75.4M | 50x |
| Short | Binance BCHUSDT | 264.89 | −0.0088 | pay 0.0088% / 8h | 4h 03m | $71.9M | $214.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $2.39
- Price spread: +0.073% → +0.024%
- $4.89
- Slippage, 4 orders
- −$13.16
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$25.88
- Costs to cover
- 0.332%
- Break-even
- 82.6 days
Slippage from OKX: live order book, 5 min ago; Binance: live order book, 10 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 OKX live order book, 5 min ago | 1.89 bp | 7.7 bp −$8 | 11.4 bp −$114 | 64.8 bp −$6,481 | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.19 bp | 8.3 bp −$8 | 17.3 bp −$173 | 49.5 bp −$4,951 | 133.8 bp −$66.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BCH-USDT | −0.0380% | 8h | 264.23 | −0.178% | $1K | $1.7M | 30x | as long as short |
| SoDEX BCH-USD | −0.0295% | 1h | 264.75 | +0.019% | $2K | $8K | 10x | as long as short |
| Phemex BCHUSDT | −0.0259% | 8h | 264.82 | +0.045% | $4.9M | $6.4M | 50x | as long as short |
| Nado BCH-PERP | −0.0256% | 1h | 264.35 | −0.131% | $430K | $342K | 10x | as long as short |
| HTX BCH-USDT | −0.0231% | 8h | 264.56 | −0.053% | $772K | $1.4M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0104% | 1h | 264.58 | −0.045% | $224K | $1.8M | 50x | as long as short |
| OKX BCH-USDT-SWAPlong | −0.0099% | 8h | 264.70 | long leg | $25.3M | $75.4M | 50x | |
| Binance BCHUSDTshort | −0.0088% | 8h | 264.89 | +0.073% | $71.9M | $214.8M | 75x | |
| Extended BCH-USD | −0.0088% | 1h | 264.62 | −0.030% | $112K | $956K | 25x | as long as short |
| KuCoin BCHUSDTM | −0.0088% | 8h | 264.90 | +0.076% | $8.5M | $7.0M | 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 | −0.0086% | 8h | 265.32 | +0.234% | $70.4M | $7.9M | 200x | as long as short |
| Bitget BCHUSDT | −0.0078% | 8h | 264.79 | +0.034% | $18.9M | $28.1M | 75x | as long as short |
| Variational Omni BCH | −0.0074% | 8h | 264.20 | −0.187% | $81K | $197K | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0060% | 8h | 265.18 | +0.183% | $387K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0051% | 8h | 264.90 | +0.076% | $8.3M | $13.7M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 264.73 | +0.011% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 264.45 | −0.094% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.03 | +0.125% | $1.0M | $10.3M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 264.75 | +0.020% | $443K | $331K | 25x | as long as short |
| Bybit BCHUSDT | +0.0005% | 8h | 264.80 | +0.038% | $39.0M | $31.1M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0011% | 1h | 265.01 | +0.116% | $853K | $3.0M | 50x | as long as short |
| BingX BCH-USDC | +0.0014% | 8h | 264.80 | +0.038% | — | $6.5M | — | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.078% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0033% | 8h | 264.46 | −0.091% | $3.9M | $4.3M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0040% | 8h | 264.59 | −0.042% | $2K | $176 | 10x | as long as short |
| Pacifica BCH | +0.0077% | 1h | 264.34 | −0.138% | $159K | $304K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 264.84 | +0.053% | $357K | $489K | 10x | as long as short |
| Aster BCHUSDT | +0.0096% | 8h | 264.74 | +0.015% | $162K | $538K | 75x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.15 | +0.170% | $5.7M | $4.6M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 265.07 | +0.141% | $19K | $289K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 265.21 | +0.193% | $97K | $231K | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0350% / S −0.0506% | 1h | 264.77 | +0.025% | $24K | — | 100x | as long as short |
OKX BCH-USDT-SWAP
Binance BCHUSDT
SunX BCH-USDT
SoDEX BCH-USD
Phemex BCHUSDT
HTX BCH-USDT
Coinbase International BCH-PERP-INTX
Extended BCH-USD
KuCoin BCHUSDTM
MEXC BCH_USDT
Bitget BCHUSDT
Variational Omni BCH
GRVT BCH_USDT_Perp
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Bybit BCHUSDT
Kraken Futures PF_BCHUSD
BingX BCH-USDC
Injective BCH/USDC PERP
BloFin BCH-USDT
Pacifica BCH
Lighter BCH
Aster BCHUSDT
Hyperliquid BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
GMX BCH/USD [WBTC.b-USDC]