Funding you earn now, next payment 08:00 UTC+0.0339%/8h= +37.1% APRnext payment +$3.39 per $10,000 · paid last 24h +0.018%
Price spread now: MEXC against Phemex+0.170%7-day average +0.186% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$370.367% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.137%+$14 · spread now +0.170%, 7d avg +0.186%
=The price spread sits at its 7-day average of +0.186%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.002% in total (about 0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.39 per $10,000. 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 | Phemex BCHUSDT | 265.12 | −0.0453 | get 0.0453% / 8h | 5h 38m | $4.9M | $6.6M | 50x |
| Short | MEXC BCH_USDT | 265.57 | −0.0114 | pay 0.0114% / 8h | 5h 38m | $70.1M | $6.8M | 200x |
Phemex BCHUSDT
MEXC BCH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $71.16
- Price spread: +0.170% → +0.186%
- −$1.6
- Slippage, 4 orders
- −$20.73
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $32.83
- Costs to cover
- 0.367%
- Break-even
- 3.8 days
Slippage from Phemex: live order book, 6 min ago; MEXC: live order book, 11 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, 6 min ago | 1.32 bp | 10.9 bp −$11 | 20.6 bp −$206 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 11 min ago | 5.86 bp | 8.3 bp −$8 | 12.2 bp −$122 | 43.9 bp −$4,390 | 85.1 bp −$42.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BCH-USDT | −0.1783% | 8h | 265.20 | +0.030% | $1K | $1.7M | 30x | as long as short |
| HTX BCH-USDT | −0.0551% | 8h | 265.30 | +0.068% | $771K | $1.5M | 75x | as long as short |
| Phemex BCHUSDTlong | −0.0453% | 8h | 265.12 | long leg | $4.9M | $6.6M | 50x | |
| SoDEX BCH-USD | −0.0363% | 1h | 265.25 | +0.049% | $2K | $8K | 10x | as long as short |
| GRVT BCH_USDT_Perp | −0.0174% | 8h | 265.82 | +0.263% | $388K | $17K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0128% | 1h | 265.77 | +0.245% | $226K | $1.8M | 50x | as long as short |
| Nado BCH-PERP | −0.0123% | 1h | 265.25 | +0.049% | $419K | $339K | 10x | as long as short |
| Binance BCHUSDT | −0.0115% | 8h | 265.18 | +0.022% | $72.2M | $215.0M | 75x | as long as short |
| MEXC BCH_USDTshort | −0.0114% | 8h | 265.57 | +0.170% | $70.1M | $6.8M | 200x | |
| Extended BCH-USD | −0.0112% | 1h | 265.20 | +0.030% | $116K | $956K | 25x | as long as short |
SunX BCH-USDT
HTX BCH-USDT
SoDEX BCH-USD
GRVT BCH_USDT_Perp
Coinbase International BCH-PERP-INTX
Nado BCH-PERP
Binance BCHUSDT
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BCH_USDT | −0.0108% | 8h | 265.36 | +0.091% | $8.3M | $13.3M | 75x | as long as short |
| Variational Omni BCH | −0.0105% | 8h | 265.20 | +0.030% | $81K | $201K | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0077% | 8h | 265.00 | −0.045% | $25.2M | $74.0M | 50x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0070% | 1h | 265.45 | +0.124% | $445K | $311K | 25x | as long as short |
| Bybit BCHUSDT | −0.0064% | 8h | 265.16 | +0.015% | $39.1M | $31.1M | 75x | as long as short |
| Bitget BCHUSDT | −0.0056% | 8h | 265.27 | +0.057% | $19.1M | $28.4M | 75x | as long as short |
| KuCoin BCHUSDTM | −0.0055% | 8h | 265.39 | +0.102% | $8.6M | $7.2M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0031% | 1h | 265.51 | +0.145% | $851K | $3.0M | 50x | as long as short |
| BingX BCH-USDT | −0.0031% | 8h | 265.27 | +0.057% | — | $32.1M | — | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 265.48 | +0.136% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.51 | +0.148% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.70 | +0.219% | $1.1M | $10.3M | 2.7x | as long as short |
| BloFin BCH-USDT | +0.0005% | 8h | 264.97 | −0.057% | $3.9M | $4.2M | 50x | as long as short |
| Pacifica BCH | +0.0021% | 1h | 265.41 | +0.109% | $161K | $322K | 10x | as long as short |
| Orderly PERP_BCH_USDC | +0.0033% | 8h | 265.25 | +0.049% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.916% | $721 | $130K | 12x | as long as short |
| Lighter BCH | +0.0096% | 1h | 265.33 | +0.078% | $365K | $477K | 10x | as long as short |
| ApeX Omni BCHUSDT | +0.0096% | 1h | 265.81 | +0.260% | $97K | $226K | 50x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.48 | +0.136% | $5.7M | $4.7M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 265.57 | +0.169% | $168K | $519K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 265.32 | +0.076% | $19K | $291K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0333% / S −0.0451% | 1h | 265.51 | +0.148% | $25K | — | 100x | as long as short |
Gate BCH_USDT
Variational Omni BCH
OKX BCH-USDT-SWAP
Deribit BCH_USDC-PERPETUAL
Bybit BCHUSDT
Bitget BCHUSDT
KuCoin BCHUSDTM
Kraken Futures PF_BCHUSD
BingX BCH-USDT
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
BloFin BCH-USDT
Pacifica BCH
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
Lighter BCH
ApeX Omni BCHUSDT
Hyperliquid BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]