Funding you earn now, next payment 16:00 UTC−0.0259%/8h= −28.3% APRnext payment −$2.59 per $10,000 · paid last 24h −0.045%
Price spread now: Phemex against Orderly+0.004%7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_BCH_USDC | 268.18 | 0.0041 | pay 0.0041% / 8h | 6h 21m | $2K | $540 | 10x |
| Short | Phemex BCHUSDT | 268.19 | −0.0217 | pay 0.0217% / 8h | 6h 21m | $4.9M | $6.4M | 50x |
Orderly PERP_BCH_USDC
Phemex BCHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$54.3
- Price spread: +0.004% → 0.000%
- $0.37
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$71.93
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Phemex: live order book, 6 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 Phemex live order book, 6 min ago | 0.19 bp | 7.8 bp −$8 | 16.1 bp −$161 | 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX BCH-USD | −0.0401% | 1h | 268.15 | −0.011% | $2K | $8K | 10x | as long as short |
| Phemex BCHUSDTshort | −0.0217% | 8h | 268.19 | +0.004% | $4.9M | $6.4M | 50x | |
| Deribit BCH_USDC-PERPETUAL | −0.0149% | 1h | 268.29 | +0.041% | $422K | $356K | 25x | as long as short |
| Variational Omni BCH | −0.0131% | 8h | 268.00 | −0.069% | $144K | $229K | — | as long as short |
| Bybit BCHUSDT | −0.0124% | 8h | 268.17 | −0.004% | $39.2M | $31.0M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0119% | 8h | 268.00 | −0.067% | $25.5M | $75.3M | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0114% | 8h | 268.16 | −0.006% | $391K | $17K | 10x | as long as short |
| HTX BCH-USDT | −0.0087% | 8h | 268.24 | +0.022% | $785K | $1.3M | 75x | as long as short |
| MEXC BCH_USDT | −0.0073% | 8h | 268.93 | +0.280% | $72.5M | $9.5M | 200x | as long as short |
| Extended BCH-USD | −0.0072% | 1h | 268.06 | −0.044% | $117K | $915K | 25x | as long as short |
SoDEX BCH-USD
Deribit BCH_USDC-PERPETUAL
Variational Omni BCH
Bybit BCHUSDT
OKX BCH-USDT-SWAP
GRVT BCH_USDT_Perp
HTX BCH-USDT
MEXC BCH_USDT
Extended BCH-USDShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0072% | 8h | 268.18 | −0.001% | $73.6M | $202.9M | 75x | as long as short |
| Gate BCH_USDT | −0.0054% | 8h | 268.35 | +0.063% | $8.1M | $12.8M | 75x | as long as short |
| KuCoin BCHUSDTM | −0.0032% | 8h | 268.53 | +0.131% | $8.8M | $5.7M | 75x | as long as short |
| Bitget BCHUSDT | −0.0029% | 8h | 268.39 | +0.078% | $19.2M | $27.2M | 75x | as long as short |
| BingX BCH-USDC | −0.0029% | 8h | 268.38 | +0.075% | — | $6.5M | — | as long as short |
| ApeX Omni BCHUSDT | −0.0009% | 1h | 268.21 | +0.011% | $97K | $244K | 50x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 268.62 | +0.165% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 268.65 | +0.174% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.49 | +0.116% | $1.0M | $8.7M | 2.7x | as long as short |
| Aster BCHUSDT | +0.0029% | 8h | 268.21 | +0.010% | $145K | $527K | 75x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.753% | $721 | $130K | 12x | as long as short |
| SunX BCH-USDT | +0.0038% | 8h | 268.29 | +0.041% | $2K | $1.4M | 30x | as long as short |
| Orderly PERP_BCH_USDClong | +0.0041% | 8h | 268.18 | long leg | $2K | $540 | 10x | |
| BloFin BCH-USDT | +0.0047% | 8h | 268.15 | −0.011% | $3.5M | $5.3M | 50x | as long as short |
| Nado BCH-PERP | +0.0063% | 1h | 268.21 | +0.010% | $459K | $375K | 10x | as long as short |
| Pacifica BCH | +0.0095% | 1h | 268.49 | +0.116% | $155K | $278K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 268.59 | +0.153% | $393K | $468K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 268.62 | +0.164% | $5.9M | $4.5M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 268.10 | −0.031% | $19K | $345K | 20x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0104% | 1h | 268.41 | +0.085% | $874K | $2.5M | 50x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0144% | 1h | 268.64 | +0.172% | $359K | $2.1M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0213% / S −0.0170% | 1h | 268.34 | +0.060% | $14K | — | 100x | as long as short |
Binance BCHUSDT
Gate BCH_USDT
KuCoin BCHUSDTM
Bitget BCHUSDT
BingX BCH-USDC
ApeX Omni BCHUSDT
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Aster BCHUSDT
Injective BCH/USDC PERP
SunX BCH-USDT
BloFin BCH-USDT
Nado BCH-PERP
Pacifica BCH
Lighter BCH
Hyperliquid BCH
edgeX BCHUSDC
Kraken Futures PF_BCHUSD
Coinbase International BCH-PERP-INTX
GMX BCH/USD [WBTC.b-USDC]