Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.00 per $10,000 · paid last 24h −0.092%
Price spread now: Deribit against Pacifica−0.008%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$390.388% of the position
Funding, last 7 days−0.177%−$18 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.008%, 7d avg +0.007%
=Together, before fees−0.173%+ Points / potential airdropPacifica: Active · farm board−$17 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica BCH | 264.47 | −0.0003 | get 0.0000% / 1h | 14m 51s | $158K | $293K | 10x |
| Short | Deribit BCH_USDC-PERPETUAL | 264.45 | 0 | get 0.0000% / 1h | 14m 51s | $426K | $348K | 25x |
Pacifica BCH
Deribit BCH_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $0.54
- Price spread: −0.008% → +0.007%
- −$1.43
- Slippage, 4 orders
- −$23.85
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$39.74
- Costs to cover
- 0.388%
- Break-even
- 524.5 days
Slippage from Pacifica: live order book, 23 min ago; Deribit: live order book, 19 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, 23 min ago | 0.38 bp | 11.2 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 19 min ago | 3.68 bp | 9.1 bp −$9 | 15.9 bp −$159 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX BCH-USD | −0.0330% | 1h | 264.32 | −0.057% | $2K | $8K | 10x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0220% | 1h | 264.56 | +0.035% | $858K | $2.7M | 50x | as long as short |
| Phemex BCHUSDT | −0.0162% | 8h | 264.39 | −0.031% | $4.9M | $6.5M | 50x | as long as short |
| Variational Omni BCH | −0.0133% | 8h | 264.41 | −0.024% | $81K | $196K | — | as long as short |
| Bybit BCHUSDT | −0.0111% | 8h | 264.40 | −0.027% | $38.9M | $30.9M | 75x | as long as short |
| KuCoin BCHUSDTM | −0.0082% | 8h | 264.46 | −0.005% | $8.5M | $6.3M | 75x | as long as short |
| HTX BCH-USDT | −0.0082% | 8h | 264.29 | −0.069% | $775K | $1.4M | 75x | as long as short |
| Bitget BCHUSDT | −0.0077% | 8h | 264.42 | −0.020% | $19.1M | $27.1M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0068% | 8h | 264.40 | −0.027% | $25.1M | $76.3M | 50x | as long as short |
| Binance BCHUSDT | −0.0051% | 8h | 264.56 | +0.033% | $73.0M | $212.6M | 75x | as long as short |
SoDEX BCH-USD
Kraken Futures PF_BCHUSD
Phemex BCHUSDT
Variational Omni BCH
Bybit BCHUSDT
KuCoin BCHUSDTM
HTX BCH-USDT
Bitget BCHUSDT
OKX BCH-USDT-SWAP
Binance BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0049% | 8h | 264.89 | +0.158% | $70.7M | $8.9M | 200x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 264.39 | −0.031% | $112K | $912K | 25x | as long as short |
| BingX BCH-USDT | −0.0041% | 8h | 264.53 | +0.022% | — | $15.3M | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0041% | 8h | 264.72 | +0.094% | $386K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0028% | 8h | 264.58 | +0.041% | $8.3M | $13.6M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 264.48 | +0.003% | $15K | — | 150x | as long as short |
| Pacifica BCHlong | −0.0003% | 1h | 264.47 | long leg | $158K | $293K | 10x | |
| dYdX BCH-USD | 0.0000% | 1h | 264.63 | +0.062% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 264.67 | +0.075% | $996K | $9.7M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUALshort | 0.0000% | 1h | 264.45 | −0.008% | $426K | $348K | 25x | |
| Aster BCHUSDT | +0.0015% | 8h | 264.46 | −0.005% | $136K | $564K | 75x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.166% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0046% | 8h | 264.34 | −0.050% | $2K | — | 10x | as long as short |
| BloFin BCH-USDT | +0.0069% | 8h | 264.46 | −0.005% | $3.5M | $4.5M | 50x | as long as short |
| Nado BCH-PERP | +0.0081% | 1h | 264.15 | −0.122% | $433K | $350K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0088% | 1h | 265.02 | +0.207% | $246K | $1.9M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 264.38 | −0.035% | $352K | $469K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 264.77 | +0.113% | $5.7M | $4.6M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 264.55 | +0.029% | $19K | $345K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 264.83 | +0.135% | $95K | $242K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 264.18 | −0.110% | $1K | $1.6M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0202% / S −0.0147% | 1h | 264.47 | 0.000% | $12K | — | 100x | as long as short |
MEXC BCH_USDT
Extended BCH-USD
BingX BCH-USDT
GRVT BCH_USDT_Perp
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Aster BCHUSDT
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
BloFin BCH-USDT
Nado BCH-PERP
Coinbase International BCH-PERP-INTX
Lighter BCH
Hyperliquid BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]