Funding you earn now, next payment 08:00 UTC−0.0131%/8h= −14.4% APRnext payment −$1.31 per $10,000 · paid last 24h +0.003%
Price spread now: GRVT against Orderly−0.887%70s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 −$4 a day on $10k at the current rate, and GRVT is 0.887% cheaper against Orderly than usual: you would sell low and buy high (−$89 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 70 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 | Orderly PERP_BCH_USDC | 266.13 | 0.0036 | pay 0.0036% / 8h | 4h 30m | $2K | $176 | 10x |
| Short | GRVT BCH_USDT_Perp | 263.77 | −0.0095 | pay 0.0095% / 8h | 4h 30m | $385K | $17K | 10x |
Orderly PERP_BCH_USDC
GRVT BCH_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Orderly. 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
- −$27.53
- Price spread: −0.887% → 0.000%
- −$88.68
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$131.21
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; GRVT: live order book, 27 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 27 min ago | 1.51 bp | 13.1 bp −$13 | 28.6 bp −$286 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BCH-USDT | −0.0588% | 8h | 265.85 | −0.105% | $2K | $1.7M | 30x | as long as short |
| Phemex BCHUSDT | −0.0323% | 8h | 266.06 | −0.026% | $4.9M | $6.4M | 50x | as long as short |
| HTX BCH-USDT | −0.0275% | 8h | 265.98 | −0.056% | $776K | $1.4M | 75x | as long as short |
| Nado BCH-PERP | −0.0265% | 1h | 266.06 | −0.027% | $430K | $341K | 10x | as long as short |
| SoDEX BCH-USD | −0.0213% | 1h | 266.17 | +0.015% | $2K | $8K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0104% | 1h | 265.29 | −0.316% | $219K | $1.8M | 50x | as long as short |
| OKX BCH-USDT-SWAP | −0.0097% | 8h | 266.30 | +0.064% | $25.1M | $75.0M | 50x | as long as short |
| Extended BCH-USD | −0.0096% | 1h | 265.99 | −0.051% | $115K | $950K | 25x | as long as short |
| GRVT BCH_USDT_Perpshort | −0.0095% | 8h | 263.77 | −0.887% | $385K | $17K | 10x | |
| Binance BCHUSDT | −0.0093% | 8h | 266.29 | +0.060% | $72.4M | $214.0M | 75x | as long as short |
SunX BCH-USDT
Phemex BCHUSDT
HTX BCH-USDT
Nado BCH-PERP
SoDEX BCH-USD
Coinbase International BCH-PERP-INTX
OKX BCH-USDT-SWAP
Extended BCH-USD
Binance BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0093% | 8h | 266.60 | +0.177% | $70.6M | $7.8M | 200x | as long as short |
| KuCoin BCHUSDTM | −0.0088% | 8h | 266.32 | +0.071% | $8.6M | $7.0M | 75x | as long as short |
| Variational Omni BCH | −0.0079% | 8h | 265.50 | −0.235% | $81K | $201K | — | as long as short |
| Bitget BCHUSDT | −0.0075% | 8h | 266.35 | +0.083% | $19.1M | $28.1M | 75x | as long as short |
| Gate BCH_USDT | −0.0074% | 8h | 266.47 | +0.128% | $8.4M | $13.6M | 75x | as long as short |
| BingX BCH-USDT | −0.0008% | 8h | 266.43 | +0.113% | — | $32.1M | — | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 266.13 | 0.000% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 266.23 | +0.038% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 266.10 | −0.011% | $1.0M | $10.3M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 266.25 | +0.044% | $445K | $331K | 25x | as long as short |
| Bybit BCHUSDT | +0.0007% | 8h | 266.20 | +0.026% | $39.3M | $31.0M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0011% | 1h | 266.39 | +0.096% | $854K | $3.0M | 50x | as long as short |
| BloFin BCH-USDT | +0.0027% | 8h | 265.83 | −0.113% | $3.9M | $4.3M | 50x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.529% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDClong | +0.0036% | 8h | 266.13 | long leg | $2K | $176 | 10x | |
| Pacifica BCH | +0.0077% | 1h | 266.18 | +0.017% | $162K | $306K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 266.15 | +0.009% | $360K | $487K | 10x | as long as short |
| ApeX Omni BCHUSDT | +0.0099% | 1h | 264.36 | −0.665% | $96K | $230K | 50x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 266.66 | +0.199% | $5.7M | $4.6M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 266.20 | +0.026% | $167K | $516K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 263.61 | −0.947% | $19K | $289K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0351% / S −0.0506% | 1h | 266.11 | −0.007% | $24K | — | 100x | as long as short |
MEXC BCH_USDT
KuCoin BCHUSDTM
Variational Omni BCH
Bitget BCHUSDT
Gate BCH_USDT
BingX BCH-USDT
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Bybit BCHUSDT
Kraken Futures PF_BCHUSD
BloFin BCH-USDT
Injective BCH/USDC PERP
Pacifica BCH
Lighter BCH
ApeX Omni BCHUSDT
Hyperliquid BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]