Funding you earn now, next payment 22:00 UTC−0.0224%/8h= −24.5% APRpaid last 24h −0.006%
Price spread now: MEXC against Pacifica+0.270%45s7-day average +0.167% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as 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−$350.349% of the position
Funding, last 7 days−0.015%−$2 on $10k
+Price spread, last 4 days (all we have)−0.241%−$24 · spread now +0.270%, 7d avg +0.167%
=Together, before fees−0.256%+ Points / potential airdropPacifica: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.103% dearer against Pacifica than usual: you sell high and buy low (spread +0.270% now, against its 7-day average of +0.167%): +$10 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 37 hours. At the pace of the last 7 days (−0.015% in total) that is about 47 days. The two prices were read 45 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 -0.015% in total (about -0.8% a year). A funding rate is set anew for every payment. 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 | 266.91 | 0.0100 | pay 0.0013% / 1h | 54m 49s | $168K | $461K | 10x |
| Short | MEXC BCH_USDT | 267.63 | −0.0124 | pay 0.0124% / 8h | 2h 54m | $70.8M | $6.3M | 200x |
Pacifica BCH
MEXC BCH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$47.04
- Price spread: +0.270% → +0.167%
- $10.27
- Slippage, 4 orders
- −$22.92
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$71.69
- Costs to cover
- 0.349%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 33 min ago; MEXC: live order book, 4 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, 33 min ago | 4.67 bp | 13.8 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 3.36 bp | 5.9 bp −$6 | 19.9 bp −$199 | 51.6 bp −$5,165 | 103.3 bp −$51.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BCH/USDC PERP | −0.0304% | 1h | 267.23 | +0.120% | $713 | $80K | 12x | as long as short |
| Phemex BCHUSDT | −0.0194% | 8h | 267.28 | +0.139% | $4.9M | $6.3M | 50x | as long as short |
| MEXC BCH_USDTshort | −0.0124% | 8h | 267.63 | +0.270% | $70.8M | $6.3M | 200x | |
| Binance BCHUSDT | −0.0123% | 8h | 266.98 | +0.025% | $73.8M | $231.5M | 75x | as long as short |
| Extended BCH-USD | −0.0120% | 1h | 266.82 | −0.033% | $105K | $643K | 25x | as long as short |
| Bybit BCHUSDT | −0.0114% | 8h | 266.85 | −0.022% | $39.4M | $32.4M | 75x | as long as short |
| Variational Omni BCH | −0.0085% | 8h | 266.75 | −0.060% | $85K | $291K | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0076% | 8h | 266.83 | −0.031% | $389K | $17K | 10x | as long as short |
| SoDEX BCH-USD | −0.0062% | 1h | 267.29 | +0.142% | $2K | $6K | 10x | as long as short |
| Bitget BCHUSDT | −0.0059% | 8h | 267.00 | +0.034% | $20.0M | $29.2M | 75x | as long as short |
Injective BCH/USDC PERP
Phemex BCHUSDT
Binance BCHUSDT
Extended BCH-USD
Bybit BCHUSDT
Variational Omni BCH
GRVT BCH_USDT_Perp
SoDEX BCH-USD
Bitget BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BCH_USDT | −0.0043% | 8h | 267.12 | +0.079% | $8.3M | $14.3M | 75x | as long as short |
| BingX BCH-USDC | −0.0025% | 8h | 267.10 | +0.071% | — | $6.5M | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0025% | 8h | 267.00 | +0.034% | $26.1M | $76.4M | 50x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0024% | 1h | 267.44 | +0.199% | $255K | $2.1M | 50x | as long as short |
| BloFin BCH-USDT | −0.0003% | 8h | 267.07 | +0.060% | $4.0M | $4.1M | 50x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 266.89 | −0.006% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 266.91 | 0.000% | $1.1M | $11.7M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 267.44 | +0.197% | $437K | $251K | 25x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 267.27 | +0.135% | $4K | — | 150x | as long as short |
| Orderly PERP_BCH_USDC | +0.0030% | 8h | 267.30 | +0.146% | $2K | $176 | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0066% | 8h | 267.07 | +0.060% | $8.8M | $8.1M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0074% | 1h | 267.53 | +0.233% | $805K | $3.2M | 50x | as long as short |
| Nado BCH-PERP | +0.0085% | 1h | 266.90 | −0.003% | $439K | $427K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 267.38 | +0.175% | $375K | $579K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 267.33 | +0.157% | $6.0M | $4.1M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 267.25 | +0.129% | $234K | $674K | 75x | as long as short |
| Pacifica BCHlong | +0.0100% | 1h | 266.91 | long leg | $168K | $461K | 10x | |
| edgeX BCHUSDC | +0.0100% | 4h | 266.84 | −0.027% | $19K | $288K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 266.97 | +0.022% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 266.97 | +0.022% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 267.18 | +0.101% | $769K | $1.7M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0365% / S −0.0554% | 1h | 267.34 | +0.160% | $25K | — | 100x | as long as short |
Gate BCH_USDT
BingX BCH-USDC
OKX BCH-USDT-SWAP
Coinbase International BCH-PERP-INTX
BloFin BCH-USDT
dYdX BCH-USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
gTrade (Gains Network) BCH/USD
Orderly PERP_BCH_USDC
KuCoin BCHUSDTM
Kraken Futures PF_BCHUSD
Nado BCH-PERP
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]