BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0519%/8h= +56.9% APRnext payment +$5.19 per $10,000 · paid last 24h −0.006%

Price spread now: Binance against SunX+0.008%7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$102as in the Funding arb table

Net, price: spread back to 7d avg − costs−$88as in the Price arb table

costs, in and out, $10k−$860.860% of the position

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.155%−$16 on $10k

Price spread, last 3 days (all we have)+0.034%+$3 · spread now +0.008%, 7d avg +0.028%

Together, before fees−0.121%−$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.021% cheaper against SunX than usual: you would sell low and buy high (spread +0.008% now, against its 7-day average of +0.028%). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$16 a day). Mind the row above: over the last 7 days funding on this pair cost −0.155%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.155% in total (about -8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.19 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	SunX BCH-USDT	264.34	−0.0610	get 0.0610% / 8h	6h 33m	$1K	$1.9M	30x
Short	Binance BCHUSDT	264.36	−0.0091	pay 0.0091% / 8h	6h 33m	$71.6M	$235.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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 SunXbpFee BinancebpOrdersPrice spread, now +0.008%Rate

Funding earned: $109.09
Price spread: +0.008% → +0.028%: −$2.07
Slippage, 4 orders: −$68.02
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: $21
Costs to cover: 0.860%
Break-even: 5.7 days

Slippage from SunX: live order book, 13 min ago; Binance: live order book, 10 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 SunX live order book, 13 min ago	19.62 bp	40.2 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	0.19 bp	9.3 bp −$9	20.2 bp −$202	53.7 bp −$5,374	132.6 bp −$66.3K

BCH on 31 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-USDTlong	−0.0610%	8h	264.34	long leg	$1K	$1.9M	30x
SoDEX BCH-USD	−0.0516%	1h	264.31	−0.011%	$2K	$6K	10x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0468%	1h	264.44	+0.039%	$447K	$266K	25x	as long as short
Phemex BCHUSDT	−0.0364%	8h	264.19	−0.057%	$4.9M	$6.6M	50x	as long as short
Kraken Futures PF_BCHUSD	−0.0300%	1h	264.58	+0.091%	$848K	$3.2M	50x	as long as short
HTX BCH-USDT	−0.0213%	8h	264.24	−0.038%	$774K	$1.6M	75x	as long as short
GRVT BCH_USDT_Perp	−0.0194%	8h	264.60	+0.098%	$386K	$17K	10x	as long as short
ApeX Omni BCHUSDT	−0.0187%	1h	264.48	+0.053%	$96K	$227K	50x	as long as short
Gate BCH_USDT	−0.0143%	8h	264.36	+0.008%	$8.4M	$13.5M	75x	as long as short
Variational Omni BCH	−0.0117%	8h	264.41	+0.026%	$81K	$285K	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BCH-PERP-INTX	−0.0112%	1h	263.56	−0.295%	$229K	$2.1M	50x	as long as short
Binance BCHUSDTshort	−0.0091%	8h	264.36	+0.008%	$71.6M	$235.3M	75x
MEXC BCH_USDT	−0.0090%	8h	264.55	+0.079%	$69.8M	$7.0M	200x	as long as short
Extended BCH-USD	−0.0088%	1h	264.26	−0.029%	$112K	$965K	25x	as long as short
Bybit BCHUSDT	−0.0067%	8h	264.40	+0.023%	$39.0M	$33.5M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0046%	8h	264.40	+0.023%	$25.2M	$79.0M	50x	as long as short
Bitget BCHUSDT	−0.0039%	8h	264.34	0.000%	$19.0M	$29.7M	75x	as long as short
BingX BCH-USDC	−0.0025%	8h	264.37	+0.011%	—	$6.5M	—	as long as short
Nado BCH-PERP	−0.0015%	1h	264.18	−0.060%	$422K	$431K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	264.75	+0.155%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	264.84	+0.189%	$1.1M	$11.1M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	264.53	+0.072%	$4K	—	150x	as long as short
Orderly PERP_BCH_USDC	+0.0032%	8h	264.36	+0.008%	$2K	$176	10x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.217%	$721	$130K	12x	as long as short
Pacifica BCH	+0.0040%	1h	264.32	−0.007%	$161K	$407K	10x	as long as short
KuCoin BCHUSDTM	+0.0047%	8h	264.42	+0.030%	$8.6M	$7.6M	75x	as long as short
Lighter BCH	+0.0096%	1h	264.27	−0.026%	$364K	$478K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	264.51	+0.064%	$5.7M	$5.1M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	264.47	+0.049%	$167K	$697K	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	264.37	+0.011%	$19K	$292K	20x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0333% / S −0.0451%	1h	264.58	+0.090%	$25K	—	100x	as long as short