BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0061%/8h= −6.7% APRnext payment −$0.61 per $10,000 · paid last 24h +0.006%

Price spread now: OKX against SunX−0.785%57s7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$97as 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−$860.858% of the position

Long on SunX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.110%−$11 on $10k

Price spread, last 3 days (all we have)+0.823%+$82 · spread now −0.785%, 7d avg +0.003%

Together, before fees+0.712%+$71 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.788% cheaper against SunX than usual: you would sell low and buy high (−$79 if the spread goes back to its 7-day average of +0.003%). Swap the legs. The two prices were read 57 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	268.71	0.0100	pay 0.0100% / 8h	28m 30s	$2K	$2.0M	30x
Short	OKX BCH-USDT-SWAP	266.60	0.0039	get 0.0039% / 8h	28m 30s	$26.0M	$78.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.785%Rate

Funding earned: −$12.78
Price spread: −0.785% → +0.003%: −$78.83
Slippage, 4 orders: −$67.81
Fee SunX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$177.41
Costs to cover: 0.858%
Break-even: never at this rate

Slippage from SunX: live order book, 8 min ago; OKX: 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 SunX live order book, 8 min ago	19.73 bp	40.2 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	1.86 bp	8.5 bp −$8	16.0 bp −$160	62.8 bp −$6,281	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	−0.0281%	1h	269.02	+0.115%	$454K	$266K	25x	as long as short
Phemex BCHUSDT	−0.0147%	8h	269.05	+0.127%	$4.9M	$6.4M	50x	as long as short
Variational Omni BCH	−0.0142%	8h	268.92	+0.078%	$82K	$294K	—	as long as short
SoDEX BCH-USD	−0.0137%	1h	268.91	+0.074%	$2K	$6K	10x	as long as short
Kraken Futures PF_BCHUSD	−0.0125%	1h	269.22	+0.189%	$829K	$3.1M	50x	as long as short
Bybit BCHUSDT	−0.0091%	8h	266.53	−0.811%	$39.2M	$32.8M	75x	as long as short
Injective BCH/USDC PERP	−0.0054%	1h	270.20	+0.555%	$721	$130K	12x	as long as short
Coinbase International BCH-PERP-INTX	−0.0032%	1h	268.97	+0.097%	$233K	$2.0M	50x	as long as short
Binance BCHUSDT	−0.0017%	8h	266.65	−0.767%	$73.8M	$233.2M	75x	as long as short
MEXC BCH_USDT	−0.0017%	8h	267.34	−0.510%	$70.0M	$6.7M	200x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BCH-USD	−0.0016%	1h	266.91	−0.671%	$115K	$652K	25x	as long as short
Gate BCH_USDT	−0.0016%	8h	266.85	−0.692%	$8.3M	$14.7M	75x	as long as short
dYdX BCH-USD	0.0000%	1h	266.95	−0.655%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	269.08	+0.138%	$1.3M	$11.5M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	266.95	−0.655%	$4K	—	150x	as long as short
Orderly PERP_BCH_USDC	+0.0028%	8h	266.60	−0.785%	$2K	$176	10x	as long as short
Bitget BCHUSDT	+0.0030%	8h	266.82	−0.703%	$19.2M	$29.8M	75x	as long as short
GRVT BCH_USDT_Perp	+0.0032%	8h	269.11	+0.148%	$392K	$17K	10x	as long as short
OKX BCH-USDT-SWAPshort	+0.0039%	8h	266.60	−0.785%	$26.0M	$78.0M	50x
BingX BCH-USDT	+0.0040%	8h	266.79	−0.715%	—	$31.0M	—	as long as short
Lighter BCH	+0.0096%	1h	266.73	−0.738%	$368K	$557K	10x	as long as short
Nado BCH-PERP	+0.0100%	1h	266.85	−0.692%	$445K	$434K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	267.19	−0.566%	$6.0M	$4.4M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	266.88	−0.680%	$213K	$676K	75x	as long as short
Pacifica BCH	+0.0100%	1h	266.87	−0.685%	$162K	$440K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	266.91	−0.670%	$9.2M	$7.7M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	268.75	+0.014%	$19K	$291K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	268.81	+0.037%	$73K	$214K	50x	as long as short
SunX BCH-USDTlong	+0.0100%	8h	268.71	long leg	$2K	$2.0M	30x
HTX BCH-USDT	+0.0100%	8h	268.63	−0.030%	$776K	$1.6M	75x	as long as short
BloFin BCH-USDT	+0.0102%	8h	268.83	+0.045%	$4.0M	$4.2M	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0332% / S −0.0340%	1h	266.95	−0.654%	$27K	—	100x	as long as short