BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0305%/8h= +33.4% APRnext payment +$3.05 per $10,000 · paid last 24h +0.023%

Price spread now: Orderly against Phemex−0.030%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phemex Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Orderly is 0.030% cheaper against Phemex than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 8 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex BCHUSDT	264.73	−0.0265	get 0.0265% / 8h	4h 01m	$4.9M	$6.4M	50x
Short	Orderly PERP_BCH_USDC	264.65	0.0040	get 0.0040% / 8h	4h 01m	$2K	$176	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Phemex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PhemexbpFee OrderlybpOrdersPrice spread, now −0.030%Rate

Funding earned: $64.05
Price spread: −0.030% → 0.000%: −$3.02
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: $43.03
Costs to cover: 0.180%
Break-even: 2.3 days

Slippage unknown: Phemex: live order book, 2 min ago; Orderly: 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 Phemex live order book, 2 min ago	5.85 bp	13.4 bp −$13	21.6 bp −$216	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	−0.0369%	8h	264.48	−0.094%	$2K	$1.7M	30x	as long as short
SoDEX BCH-USD	−0.0297%	1h	264.69	−0.015%	$2K	$8K	10x	as long as short
Phemex BCHUSDTlong	−0.0265%	8h	264.73	long leg	$4.9M	$6.4M	50x
Nado BCH-PERP	−0.0260%	1h	264.39	−0.127%	$429K	$343K	10x	as long as short
HTX BCH-USDT	−0.0229%	8h	264.63	−0.038%	$772K	$1.4M	75x	as long as short
Coinbase International BCH-PERP-INTX	−0.0104%	1h	265.31	+0.219%	$224K	$1.8M	50x	as long as short
OKX BCH-USDT-SWAP	−0.0099%	8h	264.70	−0.011%	$25.4M	$75.6M	50x	as long as short
KuCoin BCHUSDTM	−0.0090%	8h	264.81	+0.030%	$8.5M	$7.0M	75x	as long as short
Binance BCHUSDT	−0.0088%	8h	264.72	−0.004%	$71.9M	$214.9M	75x	as long as short
Extended BCH-USD	−0.0088%	1h	264.38	−0.134%	$112K	$958K	25x	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	−0.0088%	8h	265.13	+0.151%	$70.3M	$7.9M	200x	as long as short
Bitget BCHUSDT	−0.0080%	8h	264.96	+0.087%	$18.9M	$28.1M	75x	as long as short
Variational Omni BCH	−0.0074%	8h	264.20	−0.199%	$81K	$197K	—	as long as short
GRVT BCH_USDT_Perp	−0.0060%	8h	265.18	+0.171%	$387K	$17K	10x	as long as short
Gate BCH_USDT	−0.0056%	8h	264.70	−0.011%	$8.3M	$13.7M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	264.78	+0.019%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	264.65	−0.030%	$5K	$248	10x	as long as short
Bybit BCHUSDT	0.0000%	8h	264.80	+0.026%	$39.0M	$31.1M	75x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	264.89	+0.060%	$1.0M	$10.3M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	264.88	+0.056%	$443K	$331K	25x	as long as short
Kraken Futures PF_BCHUSD	+0.0011%	1h	264.95	+0.083%	$853K	$3.0M	50x	as long as short
BingX BCH-USDC	+0.0014%	8h	264.75	+0.008%	—	$6.5M	—	as long as short
BloFin BCH-USDT	+0.0032%	8h	264.70	−0.011%	$3.9M	$4.3M	50x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.066%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDCshort	+0.0040%	8h	264.65	−0.030%	$2K	$176	10x
Pacifica BCH	+0.0077%	1h	264.46	−0.102%	$159K	$304K	10x	as long as short
Lighter BCH	+0.0096%	1h	264.73	0.000%	$357K	$489K	10x	as long as short
Aster BCHUSDT	+0.0096%	8h	264.90	+0.064%	$162K	$540K	75x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.14	+0.155%	$5.7M	$4.6M	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	264.36	−0.138%	$19K	$289K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	264.62	−0.042%	$96K	$231K	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0350% / S −0.0506%	1h	264.79	+0.022%	$24K	—	100x	as long as short