Funding you earn now, next payment 08:00 UTC+0.0064%/8h= +7.1% APRnext payment +$0.64 per $10,000 · paid last 24h +0.025%
Price spread now: SunX against Phemex−0.053%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$860.862% of the position
Funding, last 7 days+0.157%+$16 on $10k
+Price spread, last 4 days (all we have)+0.047%+$5 · spread now −0.053%, 7d avg −0.037%
=The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex BCHUSDT | 263.60 | −0.0221 | get 0.0221% / 8h | 3h 10m | $4.9M | $6.4M | 50x |
| Short | SunX BCH-USDT | 263.46 | −0.0156 | pay 0.0156% / 8h | 3h 10m | $2K | $1.7M | 30x |
Phemex BCHUSDT
SunX BCH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $13.54
- Price spread: −0.053% → −0.037%
- −$1.59
- Slippage, 4 orders
- −$66.2
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$74.26
- Costs to cover
- 0.862%
- Break-even
- 45.4 days
Slippage from Phemex: live order book, 4 min ago; SunX: live order book, 5 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 | 0.19 bp | 8.4 bp −$8 | 17.6 bp −$176 | doesn't fit | doesn't fit |
| Sell SunX live order book, 5 min ago | 19.68 bp | 28.9 bp −$29 | doesn't fit | 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 | −0.0300% | 1h | 263.50 | −0.038% | $2K | $8K | 10x | as long as short |
| HTX BCH-USDT | −0.0240% | 8h | 263.64 | +0.015% | $768K | $1.4M | 75x | as long as short |
| Phemex BCHUSDTlong | −0.0221% | 8h | 263.60 | long leg | $4.9M | $6.4M | 50x | |
| Nado BCH-PERP | −0.0181% | 1h | 263.65 | +0.019% | $428K | $347K | 10x | as long as short |
| SunX BCH-USDTshort | −0.0156% | 8h | 263.46 | −0.053% | $2K | $1.7M | 30x | |
| KuCoin BCHUSDTM | −0.0102% | 8h | 263.73 | +0.049% | $8.5M | $6.8M | 75x | as long as short |
| Bitget BCHUSDT | −0.0093% | 8h | 263.41 | −0.072% | $18.8M | $28.3M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0087% | 8h | 263.50 | −0.038% | $25.1M | $76.1M | 50x | as long as short |
| Binance BCHUSDT | −0.0066% | 8h | 263.58 | −0.008% | $71.6M | $216.1M | 75x | as long as short |
| MEXC BCH_USDT | −0.0066% | 8h | 264.11 | +0.193% | $69.9M | $7.9M | 200x | as long as short |
SoDEX BCH-USD
HTX BCH-USDT
Nado BCH-PERP
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-USD | −0.0064% | 1h | 263.38 | −0.084% | $111K | $1.1M | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0064% | 1h | 263.84 | +0.091% | $217K | $1.8M | 50x | as long as short |
| Variational Omni BCH | −0.0061% | 8h | 263.70 | +0.038% | $81K | $196K | — | as long as short |
| Kraken Futures PF_BCHUSD | −0.0052% | 1h | 263.77 | +0.065% | $853K | $3.0M | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0044% | 8h | 264.39 | +0.300% | $385K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0038% | 8h | 263.61 | +0.004% | $8.3M | $13.7M | 75x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0015% | 1h | 263.66 | +0.024% | $441K | $331K | 25x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 263.73 | +0.051% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 263.96 | +0.137% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 264.02 | +0.159% | $990K | $10.4M | 2.7x | as long as short |
| Bybit BCHUSDT | +0.0008% | 8h | 263.50 | −0.038% | $38.8M | $31.3M | 75x | as long as short |
| BingX BCH-USDT | +0.0010% | 8h | 263.50 | −0.038% | — | $32.9M | — | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.504% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0046% | 8h | 263.54 | −0.023% | $2K | $176 | 10x | as long as short |
| BloFin BCH-USDT | +0.0054% | 8h | 263.96 | +0.137% | $3.9M | $4.4M | 50x | as long as short |
| Aster BCHUSDT | +0.0082% | 8h | 263.76 | +0.062% | $150K | $549K | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 263.60 | 0.000% | $354K | $495K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 263.80 | +0.074% | $5.7M | $4.6M | 10x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 263.73 | +0.051% | $159K | $305K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 264.28 | +0.257% | $18K | $320K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 264.45 | +0.322% | $96K | $234K | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0232% / S −0.0180% | 1h | 263.68 | +0.029% | $12K | — | 100x | as long as short |
Extended BCH-USD
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]