BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0721%/8h= −78.9% APRnext payment −$7.21 per $10,000 · paid last 24h +0.001%

Price spread now: SunX against OKX+0.011%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$840.841% of the position

Long on OKX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.099%+$10 on $10k

Price spread, last 3 days (all we have)−0.029%−$3 · spread now +0.011%, 7d avg −0.002%

Together, before fees+0.070%+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: −$22 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.099%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.099% in total (about 5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.21 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	265.30	−0.0045	get 0.0045% / 8h	6h 27m	$25.3M	$78.6M	50x
Short	SunX BCH-USDT	265.33	−0.0766	pay 0.0766% / 8h	6h 27m	$1K	$1.9M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.011%Rate

Funding earned: −$151.39
Price spread: +0.011% → −0.002%: $1.36
Slippage, 4 orders: −$66.06
Fee OKX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$234.1
Costs to cover: 0.841%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; SunX: live order book, 8 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, 2 min ago	1.89 bp	7.9 bp −$8	14.5 bp −$145	137.0 bp −$13.7K	doesn't fit
Sell SunX live order book, 8 min ago	19.68 bp	28.9 bp −$29	doesn't fit	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-USDTshort	−0.0766%	8h	265.33	+0.011%	$1K	$1.9M	30x
SoDEX BCH-USD	−0.0518%	1h	265.35	+0.019%	$2K	$6K	10x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0473%	1h	265.46	+0.062%	$449K	$255K	25x	as long as short
Phemex BCHUSDT	−0.0431%	8h	265.24	−0.023%	$4.9M	$6.6M	50x	as long as short
Kraken Futures PF_BCHUSD	−0.0299%	1h	265.56	+0.099%	$851K	$3.1M	50x	as long as short
HTX BCH-USDT	−0.0281%	8h	265.29	−0.004%	$778K	$1.6M	75x	as long as short
GRVT BCH_USDT_Perp	−0.0177%	8h	265.28	−0.008%	$387K	$17K	10x	as long as short
ApeX Omni BCHUSDT	−0.0175%	1h	265.37	+0.026%	$97K	$227K	50x	as long as short
Gate BCH_USDT	−0.0123%	8h	265.53	+0.087%	$8.4M	$13.5M	75x	as long as short
Variational Omni BCH	−0.0117%	8h	264.71	−0.223%	$81K	$253K	—	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	265.07	−0.087%	$231K	$2.0M	50x	as long as short
Extended BCH-USD	−0.0096%	1h	265.23	−0.025%	$112K	$965K	25x	as long as short
Binance BCHUSDT	−0.0094%	8h	265.34	+0.014%	$71.8M	$234.7M	75x	as long as short
MEXC BCH_USDT	−0.0092%	8h	265.85	+0.207%	$70.1M	$7.0M	200x	as long as short
Bybit BCHUSDT	−0.0061%	8h	265.40	+0.038%	$39.2M	$33.1M	75x	as long as short
OKX BCH-USDT-SWAPlong	−0.0045%	8h	265.30	long leg	$25.3M	$78.6M	50x
Bitget BCHUSDT	−0.0040%	8h	265.41	+0.041%	$19.0M	$29.3M	75x	as long as short
Nado BCH-PERP	−0.0030%	1h	265.45	+0.057%	$421K	$386K	10x	as long as short
BingX BCH-USDC	−0.0025%	8h	265.47	+0.064%	—	$6.5M	—	as long as short
dYdX BCH-USD	0.0000%	1h	265.76	+0.174%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	265.87	+0.215%	$1.1M	$11.1M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	265.63	+0.124%	$4K	—	150x	as long as short
Orderly PERP_BCH_USDC	+0.0032%	8h	265.39	+0.034%	$2K	$176	10x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.847%	$721	$130K	12x	as long as short
KuCoin BCHUSDTM	+0.0034%	8h	265.59	+0.109%	$8.6M	$7.5M	75x	as long as short
Pacifica BCH	+0.0040%	1h	265.49	+0.070%	$161K	$404K	10x	as long as short
Lighter BCH	+0.0096%	1h	265.37	+0.025%	$365K	$478K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.71	+0.155%	$5.7M	$5.1M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	265.54	+0.092%	$168K	$697K	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	265.19	−0.042%	$19K	$290K	20x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0333% / S −0.0451%	1h	265.64	+0.128%	$25K	—	100x	as long as short