Funding you earn now, next payment 00:00 UTC−0.0101%/8h= −11.0% APRnext payment −$1.01 per $10,000 · paid last 24h +0.039%
Price spread now: BloFin against SunX−0.049%55s7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$940.944% of the position
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 3 days (all we have)+0.082%+$8 · spread now −0.049%, 7d avg +0.023%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BloFin is 0.071% cheaper against SunX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.023%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.082%, so the current rate has only just turned against you. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BCH-USDT | 266.92 | 0.0100 | pay 0.0100% / 8h | 2h 47m | $2K | $2.0M | 30x |
| Short | BloFin BCH-USDT | 266.79 | −0.0001 | pay 0.0001% / 8h | 2h 47m | $4.0M | $4.1M | 50x |
SunX BCH-USDT
BloFin BCH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against SunX. 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
- −$21.12
- Price spread: −0.049% → +0.023%
- −$7.15
- Slippage, 4 orders
- −$74.43
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$122.69
- Costs to cover
- 0.944%
- Break-even
- never at this rate
Slippage from SunX: live order book, 8 min ago; BloFin: live order book, 6 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, 8 min ago | 19.68 bp | 40.0 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 1.31 bp | 15.1 bp −$15 | 24.6 bp −$246 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BCH/USDC PERP | −0.0304% | 1h | 267.23 | +0.116% | $713 | $80K | 12x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0244% | 1h | 267.29 | +0.140% | $437K | $251K | 25x | as long as short |
| Phemex BCHUSDT | −0.0197% | 8h | 267.14 | +0.082% | $4.9M | $6.3M | 50x | as long as short |
| SoDEX BCH-USD | −0.0168% | 1h | 267.25 | +0.124% | $2K | $6K | 10x | as long as short |
| Binance BCHUSDT | −0.0121% | 8h | 267.15 | +0.086% | $73.8M | $231.5M | 75x | as long as short |
| MEXC BCH_USDT | −0.0121% | 8h | 267.77 | +0.318% | $70.9M | $6.3M | 200x | as long as short |
| Extended BCH-USD | −0.0120% | 1h | 267.14 | +0.081% | $105K | $643K | 25x | as long as short |
| Bybit BCHUSDT | −0.0101% | 8h | 267.05 | +0.049% | $39.3M | $32.1M | 75x | as long as short |
| Variational Omni BCH | −0.0082% | 8h | 266.75 | −0.063% | $85K | $291K | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0069% | 8h | 266.85 | −0.026% | $389K | $17K | 10x | as long as short |
Injective BCH/USDC PERP
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
SoDEX BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
Extended BCH-USD
Bybit BCHUSDT
Variational Omni BCH
GRVT BCH_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BCHUSDT | −0.0056% | 8h | 267.15 | +0.086% | $20.0M | $28.7M | 75x | as long as short |
| Gate BCH_USDT | −0.0038% | 8h | 267.21 | +0.109% | $8.4M | $14.3M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0024% | 1h | 266.89 | −0.011% | $254K | $2.0M | 50x | as long as short |
| BingX BCH-USDC | −0.0018% | 8h | 267.20 | +0.105% | — | $6.5M | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0018% | 8h | 267.10 | +0.067% | $26.2M | $75.5M | 50x | as long as short |
| BloFin BCH-USDTshort | −0.0001% | 8h | 266.79 | −0.049% | $4.0M | $4.1M | 50x | |
| dYdX BCH-USD | 0.0000% | 1h | 267.28 | +0.134% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 267.47 | +0.206% | $1.1M | $11.7M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 267.29 | +0.139% | $4K | — | 150x | as long as short |
| Orderly PERP_BCH_USDC | +0.0029% | 8h | 267.13 | +0.079% | $2K | $176 | 10x | as long as short |
| Nado BCH-PERP | +0.0062% | 1h | 267.02 | +0.039% | $440K | $428K | 10x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0074% | 1h | 267.48 | +0.210% | $805K | $3.2M | 50x | as long as short |
| KuCoin BCHUSDTM | +0.0076% | 8h | 267.23 | +0.116% | $8.8M | $8.1M | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 267.24 | +0.119% | $375K | $580K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 267.49 | +0.214% | $6.0M | $4.1M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 267.23 | +0.116% | $234K | $674K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 267.21 | +0.107% | $169K | $461K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 266.90 | −0.009% | $19K | $288K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 266.97 | +0.019% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDTlong | +0.0100% | 8h | 266.92 | long leg | $2K | $2.0M | 30x | |
| HTX BCH-USDT | +0.0100% | 8h | 267.02 | +0.037% | $768K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0365% / S −0.0554% | 1h | 267.25 | +0.124% | $25K | — | 100x | as long as short |
Bitget BCHUSDT
Gate BCH_USDT
Coinbase International BCH-PERP-INTX
BingX BCH-USDC
OKX BCH-USDT-SWAP
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Orderly PERP_BCH_USDC
Nado BCH-PERP
Kraken Futures PF_BCHUSD
KuCoin BCHUSDTM
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]