Funding you earn now, next payment 04:00 UTC−0.0043%/8h= −4.7% APRnext payment −$0.05 per $10,000 · paid last 24h −0.031%
Price spread now: Injective against Pacifica+2.190%7-day average +0.133% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 4 days (all we have)−2.676%−$268 · spread now +2.190%, 7d avg +0.133%
=Together, before fees−2.514%+ Points / potential airdropPacifica: Active · farm board−$251 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 2.056% dearer against Pacifica than usual: you sell high and buy low (spread +2.190% now, against its 7-day average of +0.133%): +$206 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5 months. Mind the row above: over the last 7 days funding on this pair paid +0.162%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica BCH | 264.41 | 0.0077 | pay 0.0010% / 1h | 5m 00s | $159K | $304K | 10x |
| Short | Injective BCH/USDC PERP | 270.20 | 0.0033 | get 0.0004% / 1h | 5m 00s | $721 | $130K | 12x |
Pacifica BCH
Injective BCH/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$9.08
- Price spread: +2.190% → +0.133%
- $205.63
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $188.53
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Pacifica: live order book, 53 min ago; Injective: no order-book sample. 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 Pacifica live order book, 53 min ago | 0.19 bp | 11.1 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | −0.0388% | 8h | 264.30 | −0.042% | $1K | $1.7M | 30x | as long as short |
| SoDEX BCH-USD | −0.0293% | 1h | 264.44 | +0.011% | $2K | $8K | 10x | as long as short |
| Phemex BCHUSDT | −0.0266% | 8h | 264.47 | +0.023% | $4.9M | $6.4M | 50x | as long as short |
| Nado BCH-PERP | −0.0255% | 1h | 264.35 | −0.023% | $430K | $342K | 10x | as long as short |
| HTX BCH-USDT | −0.0233% | 8h | 264.34 | −0.026% | $771K | $1.4M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0104% | 1h | 265.19 | +0.295% | $225K | $1.8M | 50x | as long as short |
| OKX BCH-USDT-SWAP | −0.0099% | 8h | 264.20 | −0.079% | $25.2M | $75.1M | 50x | as long as short |
| Extended BCH-USD | −0.0088% | 1h | 264.19 | −0.083% | $112K | $956K | 25x | as long as short |
| Binance BCHUSDT | −0.0087% | 8h | 264.38 | −0.013% | $71.8M | $214.8M | 75x | as long as short |
| KuCoin BCHUSDTM | −0.0086% | 8h | 264.52 | +0.042% | $8.5M | $7.0M | 75x | as long as short |
SunX BCH-USDT
SoDEX BCH-USD
Phemex BCHUSDT
Nado BCH-PERP
HTX BCH-USDT
Coinbase International BCH-PERP-INTX
OKX BCH-USDT-SWAP
Extended BCH-USD
Binance BCHUSDT
KuCoin BCHUSDTMShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0084% | 8h | 264.99 | +0.219% | $70.3M | $7.9M | 200x | as long as short |
| Bitget BCHUSDT | −0.0077% | 8h | 264.33 | −0.030% | $18.9M | $28.1M | 75x | as long as short |
| Variational Omni BCH | −0.0074% | 8h | 264.20 | −0.078% | $81K | $197K | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0060% | 8h | 265.18 | +0.293% | $387K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0049% | 8h | 264.53 | +0.045% | $8.3M | $13.7M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 264.63 | +0.082% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 264.61 | +0.077% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.03 | +0.234% | $1.0M | $10.3M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 264.61 | +0.074% | $443K | $331K | 25x | as long as short |
| Bybit BCHUSDT | +0.0006% | 8h | 264.25 | −0.061% | $39.0M | $31.0M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0011% | 1h | 264.66 | +0.096% | $852K | $3.0M | 50x | as long as short |
| BingX BCH-USDC | +0.0014% | 8h | 264.39 | −0.008% | — | $6.5M | — | as long as short |
| Injective BCH/USDC PERPshort | +0.0033% | 1h | 270.20 | +2.190% | $721 | $130K | 12x | |
| BloFin BCH-USDT | +0.0033% | 8h | 264.46 | +0.019% | $3.9M | $4.3M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0040% | 8h | 264.47 | +0.023% | $2K | $176 | 10x | as long as short |
| Pacifica BCHlong | +0.0077% | 1h | 264.41 | long leg | $159K | $304K | 10x | |
| Lighter BCH | +0.0096% | 1h | 264.49 | +0.028% | $357K | $489K | 10x | as long as short |
| Aster BCHUSDT | +0.0097% | 8h | 264.71 | +0.115% | $162K | $538K | 75x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 264.69 | +0.106% | $5.7M | $4.6M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 265.07 | +0.250% | $19K | $289K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 265.21 | +0.303% | $97K | $231K | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0350% / S −0.0506% | 1h | 264.65 | +0.092% | $24K | — | 100x | as long as short |
MEXC BCH_USDT
Bitget BCHUSDT
Variational Omni BCH
GRVT BCH_USDT_Perp
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Bybit BCHUSDT
Kraken Futures PF_BCHUSD
BingX BCH-USDC
BloFin BCH-USDT
Orderly PERP_BCH_USDC
Lighter BCH
Aster BCHUSDT
Hyperliquid BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
GMX BCH/USD [WBTC.b-USDC]