Funding you earn now, next payment 00:00 UTC+0.0160%/8h= +17.6% APRnext payment +$1.60 per $10,000 · paid last 24h +0.004%
Price spread now: GRVT against Variational Omni−0.090%104s7-day average +0.023% · 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)+0.010%+$1 on $10k
+Price spread, last 3 days (all we have)+0.204%+$20 · spread now −0.090%, 7d avg +0.023%
=Together, before fees+0.214%+ Points / potential airdropVariational Omni: Active · GRVT: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.113% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.090% now, against its 7-day average of +0.023%). If the spread goes back, that is −$11 on $10k: about 2.3 days of funding at the current rate (+$5 a day). At the pace of the last 3 days (+0.010% in total) that is about 36 days. The two prices were read 104 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 | Variational Omni BCH | 266.51 | −0.0136 | get 0.0136% / 8h | 11m 54s | $82K | $292K | — |
| Short | GRVT BCH_USDT_Perp | 266.27 | 0.0024 | get 0.0024% / 8h | 11m 54s | $388K | $17K | 10x |
Variational Omni BCH
GRVT BCH_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Variational Omni. 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
- $33.68
- Price spread: −0.090% → +0.023%
- −$11.29
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $13.38
- Costs to cover
- 0.090%
- Break-even
- 4.2 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; GRVT: live order book, 1 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 Variational Omni RFQ quote, 2 min ago | 6.01 bp | doesn't fit | 28.8 bp −$288 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 1 min ago | 0.56 bp | 9.7 bp −$10 | doesn't fit | 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 | −0.0504% | 1h | 266.43 | −0.032% | $450K | $266K | 25x | as long as short |
| SoDEX BCH-USD | −0.0314% | 1h | 266.22 | −0.109% | $2K | $6K | 10x | as long as short |
| Variational Omni BCHlong | −0.0136% | 8h | 266.51 | long leg | $82K | $292K | — | |
| Kraken Futures PF_BCHUSD | −0.0126% | 1h | 266.54 | +0.012% | $843K | $3.1M | 50x | as long as short |
| ApeX Omni BCHUSDT | −0.0121% | 1h | 266.44 | −0.027% | $72K | $213K | 50x | as long as short |
| Phemex BCHUSDT | −0.0112% | 8h | 266.31 | −0.076% | $4.9M | $6.5M | 50x | as long as short |
| Bybit BCHUSDT | −0.0079% | 8h | 266.40 | −0.042% | $39.2M | $33.0M | 75x | as long as short |
| Injective BCH/USDC PERP | −0.0054% | 1h | 270.20 | +1.384% | $721 | $130K | 12x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0032% | 1h | 266.58 | +0.026% | $224K | $2.1M | 50x | as long as short |
| Extended BCH-USD | −0.0024% | 1h | 266.30 | −0.080% | $115K | $652K | 25x | as long as short |
Deribit BCH_USDC-PERPETUAL
SoDEX BCH-USD
Kraken Futures PF_BCHUSD
ApeX Omni BCHUSDT
Phemex BCHUSDT
Bybit BCHUSDT
Injective BCH/USDC PERP
Coinbase International BCH-PERP-INTX
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0024% | 8h | 266.34 | −0.065% | $72.9M | $233.0M | 75x | as long as short |
| MEXC BCH_USDT | −0.0021% | 8h | 266.92 | +0.153% | $69.9M | $6.9M | 200x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 266.60 | +0.031% | $5K | $248 | 10x | as long as short |
| Gate BCH_USDT | 0.0000% | 8h | 266.38 | −0.049% | $8.3M | $14.9M | 75x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 266.94 | +0.161% | $1.2M | $11.7M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 266.48 | −0.012% | $4K | — | 150x | as long as short |
| Bitget BCHUSDT | +0.0022% | 8h | 266.27 | −0.091% | $19.1M | $30.1M | 75x | as long as short |
| GRVT BCH_USDT_Perpshort | +0.0024% | 8h | 266.27 | −0.090% | $388K | $17K | 10x | |
| Nado BCH-PERP | +0.0025% | 1h | 266.25 | −0.098% | $442K | $436K | 10x | as long as short |
| Orderly PERP_BCH_USDC | +0.0028% | 8h | 266.26 | −0.094% | $2K | $176 | 10x | as long as short |
| OKX BCH-USDT-SWAP | +0.0031% | 8h | 266.30 | −0.079% | $25.9M | $78.3M | 50x | as long as short |
| BingX BCH-USDT | +0.0036% | 8h | 266.35 | −0.061% | — | $31.2M | — | as long as short |
| Lighter BCH | +0.0096% | 1h | 266.32 | −0.072% | $367K | $558K | 10x | as long as short |
| BloFin BCH-USDT | +0.0098% | 8h | 266.34 | −0.064% | $3.9M | $4.2M | 50x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 266.60 | +0.033% | $6.0M | $4.5M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 266.37 | −0.054% | $210K | $673K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 266.41 | −0.036% | $162K | $431K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 266.44 | −0.027% | $9.0M | $7.8M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 266.31 | −0.077% | $19K | $292K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 266.28 | −0.087% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 266.22 | −0.109% | $774K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0332% / S −0.0451% | 1h | 266.54 | +0.011% | $25K | — | 100x | as long as short |
Binance BCHUSDT
MEXC BCH_USDT
dYdX BCH-USD
Gate BCH_USDT
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Bitget BCHUSDT
Nado BCH-PERP
Orderly PERP_BCH_USDC
OKX BCH-USDT-SWAP
BingX BCH-USDT
Lighter BCH
BloFin BCH-USDT
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]