Funding you earn now, next payment 05:00 UTC+0.0168%/8h= +18.4% APRpaid last 24h +0.008%
Price spread now: Extended against Phemex−0.081%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$310.312% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.081%, 7d avg −0.058%
=Together, before fees+0.043%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.024% cheaper against Phemex than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of −0.058%). If the spread goes back, that is −$2 on $10k: about 11 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex BCHUSDT | 263.84 | −0.0232 | get 0.0232% / 8h | 3h 11m | $4.9M | $6.4M | 50x |
| Short | Extended BCH-USD | 263.63 | −0.0064 | pay 0.0008% / 1h | 11m 40s | $115K | $1.1M | 25x |
Phemex BCHUSDT
Extended BCH-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $35.26
- Price spread: −0.081% → −0.058%
- −$2.36
- Slippage, 4 orders
- −$14.24
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $1.67
- Costs to cover
- 0.312%
- Break-even
- 6.7 days
Slippage from Phemex: live order book, 2 min ago; Extended: live order book, 2 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, 2 min ago | 0.19 bp | 8.4 bp −$8 | 17.6 bp −$176 | doesn't fit | doesn't fit |
| Sell Extended live order book, 2 min ago | 0.95 bp | 7.2 bp −$7 | 48.7 bp −$487 | 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 | −0.0298% | 1h | 263.81 | −0.011% | $2K | $8K | 10x | as long as short |
| HTX BCH-USDT | −0.0240% | 8h | 264.18 | +0.129% | $770K | $1.4M | 75x | as long as short |
| Phemex BCHUSDTlong | −0.0232% | 8h | 263.84 | long leg | $4.9M | $6.4M | 50x | |
| Nado BCH-PERP | −0.0179% | 1h | 264.05 | +0.080% | $429K | $347K | 10x | as long as short |
| SunX BCH-USDT | −0.0160% | 8h | 263.71 | −0.049% | $2K | $1.7M | 30x | as long as short |
| KuCoin BCHUSDTM | −0.0101% | 8h | 264.07 | +0.087% | $8.5M | $6.8M | 75x | as long as short |
| Bitget BCHUSDT | −0.0092% | 8h | 263.89 | +0.019% | $18.8M | $28.3M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0086% | 8h | 263.90 | +0.023% | $25.1M | $76.2M | 50x | as long as short |
| Binance BCHUSDT | −0.0066% | 8h | 264.01 | +0.064% | $71.7M | $216.0M | 75x | as long as short |
| MEXC BCH_USDT | −0.0066% | 8h | 264.48 | +0.243% | $70.0M | $7.9M | 200x | as long as short |
SoDEX BCH-USD
HTX BCH-USDT
Nado BCH-PERP
SunX BCH-USDT
KuCoin BCHUSDTM
Bitget BCHUSDT
OKX BCH-USDT-SWAP
Binance BCHUSDT
MEXC BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USDshort | −0.0064% | 1h | 263.63 | −0.081% | $115K | $1.1M | 25x | |
| Coinbase International BCH-PERP-INTX | −0.0064% | 1h | 264.17 | +0.125% | $217K | $1.8M | 50x | as long as short |
| Variational Omni BCH | −0.0061% | 8h | 264.40 | +0.214% | $81K | $196K | — | as long as short |
| Kraken Futures PF_BCHUSD | −0.0052% | 1h | 264.06 | +0.083% | $854K | $3.0M | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0043% | 8h | 264.66 | +0.311% | $386K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0037% | 8h | 264.00 | +0.061% | $8.3M | $13.7M | 75x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0004% | 1h | 263.95 | +0.044% | $441K | $331K | 25x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 264.07 | +0.087% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 264.10 | +0.099% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 264.35 | +0.193% | $991K | $10.4M | 2.7x | as long as short |
| Bybit BCHUSDT | +0.0008% | 8h | 263.90 | +0.023% | $38.9M | $31.3M | 75x | as long as short |
| BingX BCH-USDT | +0.0010% | 8h | 263.98 | +0.053% | — | $32.9M | — | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.411% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0046% | 8h | 263.84 | 0.000% | $2K | $176 | 10x | as long as short |
| BloFin BCH-USDT | +0.0053% | 8h | 264.19 | +0.133% | $3.9M | $4.4M | 50x | as long as short |
| Aster BCHUSDT | +0.0082% | 8h | 264.21 | +0.141% | $150K | $546K | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 264.07 | +0.088% | $355K | $495K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 264.27 | +0.163% | $5.7M | $4.6M | 10x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 264.07 | +0.087% | $159K | $305K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 264.54 | +0.264% | $18K | $323K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 265.12 | +0.485% | $97K | $234K | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0232% / S −0.0180% | 1h | 263.97 | +0.050% | $12K | — | 100x | as long as short |
Coinbase International BCH-PERP-INTX
Variational Omni BCH
Kraken Futures PF_BCHUSD
GRVT BCH_USDT_Perp
Gate BCH_USDT
Deribit BCH_USDC-PERPETUAL
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Bybit BCHUSDT
BingX BCH-USDT
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
BloFin BCH-USDT
Aster BCHUSDT
Lighter BCH
Hyperliquid BCH
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
GMX BCH/USD [WBTC.b-USDC]