Funding you earn now, next payment 00:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.09 per $10,000 · paid last 24h −0.002%
Price spread now: Variational Omni against Phemex−0.090%7-day average −0.032% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.036%+$4 on $10k
+Price spread, last 3 days (all we have)+0.026%+$3 · spread now −0.090%, 7d avg −0.032%
=Together, before fees+0.062%+ Points / potential airdropVariational Omni: Active · farm board+$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.057% cheaper against Phemex than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex BCHUSDT | 269.16 | −0.0151 | get 0.0151% / 8h | 30m 21s | $4.9M | $6.4M | 50x |
| Short | Variational Omni BCH | 268.92 | −0.0142 | pay 0.0142% / 8h | 30m 21s | $82K | $294K | — |
Phemex BCHUSDT
Variational Omni BCHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $1.91
- Price spread: −0.090% → −0.032%
- −$5.74
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$15.83
- Costs to cover
- 0.120%
- Break-even
- 65.1 days
Slippage unknown: Phemex: live order book, 4 min ago; Variational Omni: RFQ quote, 49 min ago. 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, 4 min ago | 2.23 bp | 10.0 bp −$10 | 18.4 bp −$184 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 49 min ago | 5.95 bp | doesn't fit | 25.6 bp −$256 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0378% | 1h | 269.10 | −0.024% | $455K | $266K | 25x | as long as short |
| Phemex BCHUSDTlong | −0.0151% | 8h | 269.16 | long leg | $4.9M | $6.4M | 50x | |
| Variational Omni BCHshort | −0.0142% | 8h | 268.92 | −0.090% | $82K | $294K | — | |
| SoDEX BCH-USD | −0.0138% | 1h | 269.01 | −0.056% | $2K | $6K | 10x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0125% | 1h | 269.31 | +0.054% | $829K | $3.1M | 50x | as long as short |
| Bybit BCHUSDT | −0.0091% | 8h | 268.78 | −0.141% | $39.4M | $32.5M | 75x | as long as short |
| Injective BCH/USDC PERP | −0.0054% | 1h | 270.20 | +0.386% | $721 | $130K | 12x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0032% | 1h | 268.89 | −0.100% | $236K | $2.0M | 50x | as long as short |
| Extended BCH-USD | −0.0024% | 1h | 268.80 | −0.133% | $116K | $652K | 25x | as long as short |
| MEXC BCH_USDT | −0.0020% | 8h | 269.45 | +0.108% | $70.5M | $6.7M | 200x | as long as short |
Deribit BCH_USDC-PERPETUAL
SoDEX BCH-USD
Kraken Futures PF_BCHUSD
Bybit BCHUSDT
Injective BCH/USDC PERP
Coinbase International BCH-PERP-INTX
Extended BCH-USD
MEXC BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0019% | 8h | 268.91 | −0.093% | $74.4M | $229.5M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 269.15 | −0.002% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 269.11 | −0.019% | $1.3M | $11.5M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 269.05 | −0.039% | $4K | — | 150x | as long as short |
| Gate BCH_USDT | +0.0007% | 8h | 268.93 | −0.085% | $8.4M | $14.5M | 75x | as long as short |
| Orderly PERP_BCH_USDC | +0.0028% | 8h | 268.89 | −0.100% | $2K | $176 | 10x | as long as short |
| GRVT BCH_USDT_Perp | +0.0030% | 8h | 268.79 | −0.136% | $392K | $17K | 10x | as long as short |
| Bitget BCHUSDT | +0.0031% | 8h | 268.90 | −0.097% | $19.2M | $29.2M | 75x | as long as short |
| BingX BCH-USDC | +0.0040% | 8h | 268.93 | −0.085% | — | $6.5M | — | as long as short |
| OKX BCH-USDT-SWAP | +0.0041% | 8h | 268.80 | −0.134% | $26.3M | $77.6M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 268.90 | −0.095% | $371K | $556K | 10x | as long as short |
| BloFin BCH-USDT | +0.0100% | 8h | 269.01 | −0.056% | $4.0M | $4.2M | 50x | as long as short |
| Nado BCH-PERP | +0.0100% | 1h | 268.87 | −0.107% | $444K | $425K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.41 | +0.093% | $6.0M | $4.3M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 269.00 | −0.059% | $214K | $671K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 268.95 | −0.078% | $163K | $467K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 269.00 | −0.059% | $9.2M | $7.7M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 268.75 | −0.154% | $19K | $291K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 268.81 | −0.130% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 268.89 | −0.100% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 268.94 | −0.082% | $777K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0334% / S −0.0340% | 1h | 269.03 | −0.048% | $27K | — | 100x | as long as short |
Binance BCHUSDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Gate BCH_USDT
Orderly PERP_BCH_USDC
GRVT BCH_USDT_Perp
Bitget BCHUSDT
BingX BCH-USDC
OKX BCH-USDT-SWAP
Lighter BCH
BloFin BCH-USDT
Nado BCH-PERP
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]