Funding you earn now, next payment 08:00 UTC+0.0176%/8h= +19.2% APRnext payment +$1.76 per $10,000 · paid last 24h +0.034%
Price spread now: Aster against Phemex+0.079%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$410.412% of the position
Funding, last 7 days+0.166%+$17 on $10k
+Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.079%, 7d avg +0.023%
=Together, before fees+0.120%+ Points / potential airdropAster: Stage 5 · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Aster is 0.056% dearer against Phemex than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex BCHUSDT | 264.39 | −0.0162 | get 0.0162% / 8h | 14m 42s | $4.9M | $6.5M | 50x |
| Short | Aster BCHUSDT | 264.60 | 0.0014 | get 0.0014% / 8h | 14m 42s | $136K | $564K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phemex. 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
- $36.91
- Price spread: +0.079% → +0.023%
- $5.6
- Slippage, 4 orders
- −$21.24
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $1.27
- Costs to cover
- 0.412%
- Break-even
- 6.8 days
Slippage from Phemex: live order book, 4 min ago; Aster: live order book, 23 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 Phemex live order book, 4 min ago | 1.70 bp | 10.4 bp −$10 | 18.4 bp −$184 | doesn't fit | doesn't fit |
| Sell Aster live order book, 23 min ago | 4.73 bp | 10.8 bp −$11 | 24.9 bp −$249 | 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 | −0.026% | $2K | $8K | 10x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0220% | 1h | 264.56 | +0.066% | $858K | $2.7M | 50x | as long as short |
| Phemex BCHUSDTlong | −0.0162% | 8h | 264.39 | long leg | $4.9M | $6.5M | 50x | |
| Variational Omni BCH | −0.0133% | 8h | 264.41 | +0.007% | $81K | $196K | — | as long as short |
| Bybit BCHUSDT | −0.0110% | 8h | 264.60 | +0.079% | $38.9M | $30.9M | 75x | as long as short |
| HTX BCH-USDT | −0.0082% | 8h | 264.29 | −0.038% | $775K | $1.4M | 75x | as long as short |
| KuCoin BCHUSDTM | −0.0080% | 8h | 264.51 | +0.045% | $8.5M | $6.3M | 75x | as long as short |
| Bitget BCHUSDT | −0.0078% | 8h | 264.53 | +0.053% | $19.1M | $27.1M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0068% | 8h | 264.60 | +0.079% | $25.1M | $76.4M | 50x | as long as short |
| Binance BCHUSDT | −0.0051% | 8h | 264.73 | +0.129% | $73.0M | $212.5M | 75x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0051% | 8h | 265.06 | +0.253% | $70.7M | $8.9M | 200x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 264.49 | +0.037% | $112K | $912K | 25x | as long as short |
| BingX BCH-USDC | −0.0041% | 8h | 264.58 | +0.072% | — | $6.5M | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0041% | 8h | 264.72 | +0.125% | $386K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0026% | 8h | 264.60 | +0.079% | $8.3M | $13.6M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 264.48 | +0.034% | $15K | — | 150x | as long as short |
| Pacifica BCH | −0.0003% | 1h | 264.69 | +0.112% | $159K | $293K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 264.81 | +0.158% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 264.67 | +0.106% | $996K | $9.7M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 264.45 | +0.023% | $426K | $348K | 25x | as long as short |
| Aster BCHUSDTshort | +0.0014% | 8h | 264.60 | +0.079% | $136K | $564K | 75x | |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.198% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0046% | 8h | 264.34 | −0.019% | $2K | — | 10x | as long as short |
| BloFin BCH-USDT | +0.0069% | 8h | 264.46 | +0.026% | $3.5M | $4.5M | 50x | as long as short |
| Nado BCH-PERP | +0.0081% | 1h | 264.15 | −0.091% | $433K | $350K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0088% | 1h | 265.02 | +0.238% | $246K | $1.9M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 264.65 | +0.098% | $353K | $469K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 264.77 | +0.144% | $5.7M | $4.6M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 264.55 | +0.060% | $19K | $345K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 264.83 | +0.166% | $95K | $242K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 264.18 | −0.079% | $1K | $1.6M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0202% / S −0.0147% | 1h | 264.47 | +0.031% | $12K | — | 100x | as long as short |
Phemex BCHUSDT
Aster BCHUSDT
SoDEX BCH-USD
Kraken Futures PF_BCHUSD
Variational Omni BCH
Bybit BCHUSDT
HTX BCH-USDT
KuCoin BCHUSDTM
Bitget BCHUSDT
OKX BCH-USDT-SWAP
Binance BCHUSDT
MEXC BCH_USDT
Extended BCH-USD
BingX BCH-USDC
GRVT BCH_USDT_Perp
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
Pacifica BCH
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Injective BCH/USDC PERP
BloFin BCH-USDT
Coinbase International BCH-PERP-INTX
Lighter BCH
Hyperliquid BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]