BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0266%/8h= −29.1% APRnext payment −$2.66 per $10,000 · paid last 24h +0.010%

Price spread now: HTX against OKX−0.015%54s7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$720.724% of the position

Long on OKX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.108%+$11 on $10k

Price spread, last 3 days (all we have)−0.027%−$3 · spread now −0.015%, 7d avg +0.014%

Together, before fees+0.081%+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and HTX is 0.029% cheaper against OKX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.014%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.108%, so the current rate has only just turned against you. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.108% in total (about 5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.66 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BCH-USDT-SWAP	265.60	−0.0048	get 0.0048% / 8h	6h 23m	$25.3M	$78.2M	50x
Short	HTX BCH-USDT	265.56	−0.0313	pay 0.0313% / 8h	6h 23m	$778K	$1.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against OKX. 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 OKXbpFee HTXbpOrdersPrice spread, now −0.015%Rate

Funding earned: −$55.76
Price spread: −0.015% → +0.014%: −$2.87
Slippage, 4 orders: −$50.44
Fee OKX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$131.07
Costs to cover: 0.724%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; HTX: live order book, just now.

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	7.9 bp −$8	14.5 bp −$145	137.0 bp −$13.7K	doesn't fit
Sell HTX live order book, just now	12.05 bp	39.0 bp −$39	151.0 bp −$1,510	doesn't fit	doesn't fit

BCH on 31 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	−0.0886%	8h	265.58	−0.008%	$2K	$1.8M	30x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0540%	1h	265.77	+0.065%	$449K	$255K	25x	as long as short
SoDEX BCH-USD	−0.0530%	1h	265.64	+0.015%	$2K	$6K	10x	as long as short
Phemex BCHUSDT	−0.0469%	8h	265.43	−0.064%	$4.9M	$6.6M	50x	as long as short
HTX BCH-USDTshort	−0.0313%	8h	265.56	−0.015%	$778K	$1.6M	75x
Kraken Futures PF_BCHUSD	−0.0299%	1h	265.92	+0.120%	$853K	$3.1M	50x	as long as short
ApeX Omni BCHUSDT	−0.0180%	1h	266.16	+0.211%	$97K	$227K	50x	as long as short
GRVT BCH_USDT_Perp	−0.0177%	8h	266.06	+0.174%	$388K	$17K	10x	as long as short
Variational Omni BCH	−0.0117%	8h	266.11	+0.191%	$82K	$253K	—	as long as short
Gate BCH_USDT	−0.0112%	8h	265.80	+0.075%	$8.4M	$13.5M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BCH-PERP-INTX	−0.0112%	1h	265.88	+0.105%	$232K	$2.0M	50x	as long as short
Binance BCHUSDT	−0.0099%	8h	265.62	+0.009%	$71.9M	$229.4M	75x	as long as short
Extended BCH-USD	−0.0096%	1h	265.55	−0.017%	$112K	$962K	25x	as long as short
MEXC BCH_USDT	−0.0096%	8h	266.05	+0.169%	$70.1M	$7.0M	200x	as long as short
Bybit BCHUSDT	−0.0064%	8h	265.70	+0.038%	$39.2M	$32.9M	75x	as long as short
OKX BCH-USDT-SWAPlong	−0.0048%	8h	265.60	long leg	$25.3M	$78.2M	50x
Bitget BCHUSDT	−0.0042%	8h	265.65	+0.019%	$19.1M	$29.2M	75x	as long as short
Nado BCH-PERP	−0.0036%	1h	265.76	+0.061%	$421K	$380K	10x	as long as short
BingX BCH-USDT	−0.0031%	8h	265.68	+0.030%	—	$32.3M	—	as long as short
dYdX BCH-USD	0.0000%	1h	266.09	+0.186%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	266.22	+0.233%	$1.1M	$10.7M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	265.83	+0.088%	$4K	—	150x	as long as short
KuCoin BCHUSDTM	+0.0028%	8h	265.72	+0.045%	$8.6M	$7.5M	75x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.732%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0034%	8h	265.61	+0.004%	$2K	$176	10x	as long as short
Pacifica BCH	+0.0040%	1h	265.94	+0.128%	$162K	$404K	10x	as long as short
Lighter BCH	+0.0096%	1h	265.93	+0.125%	$366K	$478K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.94	+0.127%	$5.8M	$5.0M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	265.93	+0.125%	$168K	$697K	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	265.36	−0.091%	$19K	$291K	20x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0333% / S −0.0451%	1h	265.82	+0.082%	$25K	—	100x	as long as short