Funding you earn now, next payment 07:00 UTC+0.0176%/8h= +19.2% APRpaid last 24h +0.059%
Price spread now: Phemex against SoDEX+0.057%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Phemex is 0.057% dearer against SoDEX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX BCH-USD | 265.28 | −0.0343 | get 0.0043% / 1h | 6m 15s | $2K | $8K | 10x |
| Short | Phemex BCHUSDT | 265.43 | −0.0167 | pay 0.0167% / 8h | 1h 06m | $4.9M | $6.6M | 50x |
SoDEX BCH-USD
Phemex BCHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against SoDEX. 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
- $36.91
- Price spread: +0.057% → 0.000%
- $5.65
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $22.56
- Costs to cover
- 0.200%
- Break-even
- 2.7 days
Slippage unknown: SoDEX: no order-book sample; Phemex: live order book, 3 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 3 min ago | 0.38 bp | 8.0 bp −$8 | 15.9 bp −$159 | doesn't fit | doesn't fit |
SoDEX: 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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX BCH-USDlong | −0.0343% | 1h | 265.28 | long leg | $2K | $8K | 10x | |
| Phemex BCHUSDTshort | −0.0167% | 8h | 265.43 | +0.057% | $4.9M | $6.6M | 50x | |
| HTX BCH-USDT | −0.0149% | 8h | 265.58 | +0.113% | $777K | $1.4M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0103% | 1h | 265.49 | +0.079% | $863K | $2.9M | 50x | as long as short |
| KuCoin BCHUSDTM | −0.0092% | 8h | 265.63 | +0.132% | $8.5M | $6.6M | 75x | as long as short |
| Variational Omni BCH | −0.0090% | 8h | 265.10 | −0.067% | $81K | $196K | — | as long as short |
| Bitget BCHUSDT | −0.0077% | 8h | 265.23 | −0.019% | $18.9M | $28.3M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0069% | 8h | 265.20 | −0.030% | $25.3M | $77.9M | 50x | as long as short |
| Bybit BCHUSDT | −0.0069% | 8h | 265.38 | +0.038% | $39.0M | $31.8M | 75x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 265.14 | −0.052% | $111K | $846K | 25x | as long as short |
HTX BCH-USDT
Kraken Futures PF_BCHUSD
KuCoin BCHUSDTM
Variational Omni BCH
Bitget BCHUSDT
OKX BCH-USDT-SWAP
Bybit BCHUSDT
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0045% | 8h | 265.99 | +0.268% | $71.0M | $8.8M | 200x | as long as short |
| Binance BCHUSDT | −0.0044% | 8h | 265.47 | +0.071% | $73.1M | $220.1M | 75x | as long as short |
| BingX BCH-USDT | −0.0034% | 8h | 265.47 | +0.072% | — | $32.9M | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0026% | 8h | 265.34 | +0.023% | $387K | $17K | 10x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0017% | 1h | 265.37 | +0.034% | $442K | $337K | 25x | as long as short |
| Nado BCH-PERP | −0.0007% | 1h | 265.57 | +0.108% | $435K | $357K | 10x | as long as short |
| Gate BCH_USDT | −0.0005% | 8h | 265.57 | +0.109% | $8.4M | $13.9M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 265.63 | +0.130% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.79 | +0.191% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.69 | +0.155% | $987K | $10.5M | 2.7x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0008% | 1h | 265.90 | +0.234% | $225K | $1.9M | 50x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.855% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0046% | 8h | 265.48 | +0.075% | $2K | $176 | 10x | as long as short |
| Aster BCHUSDT | +0.0052% | 8h | 265.53 | +0.094% | $138K | $590K | 75x | as long as short |
| BloFin BCH-USDT | +0.0075% | 8h | 265.63 | +0.132% | $4.0M | $4.5M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 265.38 | +0.037% | $353K | $496K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.78 | +0.188% | $5.7M | $4.7M | 10x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 265.64 | +0.137% | $159K | $311K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 265.23 | −0.021% | $19K | $344K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 265.33 | +0.019% | $95K | $239K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 265.36 | +0.030% | $1K | $1.7M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0202% / S −0.0147% | 1h | 265.84 | +0.211% | $12K | — | 100x | as long as short |
MEXC BCH_USDT
Binance BCHUSDT
BingX BCH-USDT
GRVT BCH_USDT_Perp
Deribit BCH_USDC-PERPETUAL
Nado BCH-PERP
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Coinbase International BCH-PERP-INTX
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
Aster BCHUSDT
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]