Funding you earn now, next payment 01:00 UTC−0.0284%/8h= −31.1% APRnext payment −$0.36 per $10,000 · paid last 24h −0.005%
Price spread now: ApeX Omni against Pacifica+0.523%51s7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as 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−$460.461% of the position
Funding, last 7 days+0.132%+$13 on $10k
+Price spread, last 3 days (all we have)−0.458%−$46 · spread now +0.523%, 7d avg +0.036%
=Together, before fees−0.327%+ Points / potential airdropPacifica: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.487% dearer against Pacifica than usual: you sell high and buy low (spread +0.523% now, against its 7-day average of +0.036%): +$49 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 5.7 days. Mind the row above: over the last 7 days funding on this pair paid +0.132%, so the current rate has only just turned against you. The two prices were read 51 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 0.132% in total (about 6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.36 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 | Pacifica BCH | 267.75 | 0.0100 | pay 0.0013% / 1h | 18m 36s | $163K | $407K | 10x |
| Short | ApeX Omni BCHUSDT | 269.15 | −0.0184 | pay 0.0023% / 1h | 18m 36s | $73K | $215K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Pacifica. 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
- −$59.72
- Price spread: +0.523% → +0.036%
- $48.69
- Slippage, 4 orders
- −$28.09
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$57.13
- Costs to cover
- 0.461%
- Break-even
- from the start
Slippage from Pacifica: live order book, 55 min ago; ApeX Omni: live order book, 52 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 Pacifica live order book, 55 min ago | 2.63 bp | 10.9 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 52 min ago | 4.51 bp | 12.8 bp −$13 | 74.7 bp −$747 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0732% | 1h | 268.65 | +0.337% | $454K | $266K | 25x | as long as short |
| SoDEX BCH-USD | −0.0567% | 1h | 268.25 | +0.187% | $2K | $6K | 10x | as long as short |
| Phemex BCHUSDT | −0.0518% | 8h | 268.20 | +0.168% | $4.9M | $6.5M | 50x | as long as short |
| Gate BCH_USDT | −0.0210% | 8h | 267.83 | +0.030% | $8.4M | $14.3M | 75x | as long as short |
| ApeX Omni BCHUSDTshort | −0.0184% | 1h | 269.15 | +0.523% | $73K | $215K | 50x | |
| GRVT BCH_USDT_Perp | −0.0179% | 8h | 269.07 | +0.494% | $392K | $17K | 10x | as long as short |
| Variational Omni BCH | −0.0129% | 8h | 269.11 | +0.506% | $82K | $285K | — | as long as short |
| Bybit BCHUSDT | −0.0093% | 8h | 267.90 | +0.056% | $39.6M | $32.5M | 75x | as long as short |
| Binance BCHUSDT | −0.0068% | 8h | 267.89 | +0.052% | $72.6M | $229.4M | 75x | as long as short |
| MEXC BCH_USDT | −0.0065% | 8h | 268.13 | +0.142% | $70.3M | $6.7M | 200x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0064% | 1h | 267.68 | −0.024% | $116K | $961K | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 269.19 | +0.538% | $231K | $2.0M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 268.54 | +0.294% | $855K | $3.1M | 50x | as long as short |
| Bitget BCHUSDT | −0.0023% | 8h | 267.92 | +0.063% | $19.2M | $29.1M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0003% / S +0.0007% | 1h | 268.97 | +0.456% | $7K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 267.78 | +0.011% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.97 | +0.456% | $1.1M | $10.8M | 2.7x | as long as short |
| OKX BCH-USDT-SWAP | +0.0007% | 8h | 267.90 | +0.056% | $26.0M | $76.0M | 50x | as long as short |
| BingX BCH-USDT | +0.0013% | 8h | 267.64 | −0.041% | — | $32.3M | — | as long as short |
| Nado BCH-PERP | +0.0021% | 1h | 267.91 | +0.061% | $438K | $419K | 10x | as long as short |
| HTX BCH-USDT | +0.0028% | 8h | 268.05 | +0.112% | $779K | $1.6M | 75x | as long as short |
| Orderly PERP_BCH_USDC | +0.0029% | 8h | 268.57 | +0.306% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.915% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0054% | 8h | 267.94 | +0.071% | $3.9M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 267.85 | +0.037% | $369K | $530K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 268.42 | +0.250% | $6.6M | $4.6M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 267.96 | +0.078% | $177K | $658K | 75x | as long as short |
| Pacifica BCHlong | +0.0100% | 1h | 267.75 | long leg | $163K | $407K | 10x | |
| KuCoin BCHUSDTM | +0.0100% | 8h | 267.78 | +0.011% | $8.7M | $7.7M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 269.14 | +0.520% | $19K | $291K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 268.44 | +0.258% | $2K | $1.9M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0334% / S −0.0451% | 1h | 268.90 | +0.431% | $25K | — | 100x | as long as short |
Pacifica BCH
ApeX Omni BCHUSDT
Deribit BCH_USDC-PERPETUAL
SoDEX BCH-USD
Phemex BCHUSDT
Gate BCH_USDT
GRVT BCH_USDT_Perp
Variational Omni BCH
Bybit BCHUSDT
Binance BCHUSDT
MEXC BCH_USDT
Extended BCH-USD
Coinbase International BCH-PERP-INTX
Kraken Futures PF_BCHUSD
Bitget BCHUSDT
gTrade (Gains Network) BCH/USD
Kalshi KXBCHPERP
OKX BCH-USDT-SWAP
BingX BCH-USDT
HTX BCH-USDT
Injective BCH/USDC PERP
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]