Funding you earn now, next payment 23:00 UTC+0.0203%/8h= +22.2% APRpaid last 24h +0.001%
Price spread now: Nado against Variational Omni+0.234%7-day average +0.005% · 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)−0.027%−$3 on $10k
+Price spread, last 3 days (all we have)−0.124%−$12 · spread now +0.234%, 7d avg +0.005%
=Together, before fees−0.150%+ Points / potential airdropVariational Omni: Active · Nado: Active · farm board−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Nado is 0.229% dearer against Variational Omni than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.005%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.027% in total (about -3.1% a year). A funding rate is set anew for every payment. 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 | Variational Omni BCH | 269.72 | −0.0103 | get 0.0103% / 8h | 1h 23m | $85K | $291K | — |
| Short | Nado BCH-PERP | 270.35 | 0.0100 | get 0.0012% / 1h | 23m 23s | $444K | $428K | 10x |
Variational Omni BCH
Nado BCH-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- $42.6
- Price spread: +0.234% → +0.005%
- $22.94
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $58.54
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 61 min ago; Nado: live order book, 59 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, 61 min ago | 5.98 bp | doesn't fit | 32.5 bp −$325 | doesn't fit | doesn't fit |
| Sell Nado live order book, 59 min ago | 0.19 bp | 7.0 bp −$7 | 19.1 bp −$191 | 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 | −0.0714% | 1h | 270.37 | +0.243% | $458K | $265K | 25x | as long as short |
| Phemex BCHUSDT | −0.0183% | 8h | 270.39 | +0.250% | $4.9M | $6.5M | 50x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 270.20 | +0.179% | $721 | $130K | 12x | as long as short |
| Variational Omni BCHlong | −0.0103% | 8h | 269.72 | long leg | $85K | $291K | — | |
| SoDEX BCH-USD | −0.0099% | 1h | 270.23 | +0.190% | $2K | $6K | 10x | as long as short |
| MEXC BCH_USDT | −0.0052% | 8h | 270.88 | +0.431% | $71.0M | $6.6M | 200x | as long as short |
| Binance BCHUSDT | −0.0050% | 8h | 270.37 | +0.244% | $75.2M | $233.7M | 75x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 270.14 | +0.158% | $116K | $653K | 25x | as long as short |
| Bybit BCHUSDT | −0.0046% | 8h | 270.15 | +0.161% | $39.5M | $33.0M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 270.23 | +0.189% | $5K | $248 | 10x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
Injective BCH/USDC PERP
SoDEX BCH-USD
MEXC BCH_USDT
Binance BCHUSDT
Extended BCH-USD
Bybit BCHUSDT
dYdX BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXBCHPERP | 0.0000% | 8h | 270.36 | +0.239% | $1.3M | $11.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 270.45 | +0.272% | $4K | — | 150x | as long as short |
| Gate BCH_USDT | +0.0003% | 8h | 270.33 | +0.228% | $8.4M | $14.8M | 75x | as long as short |
| Bitget BCHUSDT | +0.0008% | 8h | 270.33 | +0.228% | $19.5M | $29.4M | 75x | as long as short |
| GRVT BCH_USDT_Perp | +0.0015% | 8h | 270.09 | +0.139% | $394K | $17K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 270.30 | +0.216% | $244K | $2.1M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0025% | 8h | 270.20 | +0.179% | $2K | $176 | 10x | as long as short |
| BloFin BCH-USDT | +0.0070% | 8h | 270.36 | +0.239% | $4.0M | $4.2M | 50x | as long as short |
| BingX BCH-USDT | +0.0071% | 8h | 270.40 | +0.253% | — | $30.5M | — | as long as short |
| OKX BCH-USDT-SWAP | +0.0074% | 8h | 270.10 | +0.142% | $26.5M | $78.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 270.32 | +0.225% | $378K | $584K | 10x | as long as short |
| Nado BCH-PERPshort | +0.0100% | 1h | 270.35 | +0.234% | $444K | $428K | 10x | |
| Hyperliquid BCH | +0.0100% | 1h | 270.63 | +0.339% | $6.1M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 270.36 | +0.238% | $218K | $703K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 270.14 | +0.157% | $164K | $468K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 270.48 | +0.283% | $9.3M | $8.0M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 269.97 | +0.095% | $19K | $289K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 269.96 | +0.090% | $73K | $213K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 270.13 | +0.153% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 270.20 | +0.179% | $777K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0112% | 1h | 270.57 | +0.316% | $820K | $3.2M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0342% / S −0.0467% | 1h | 270.78 | +0.393% | $26K | — | 100x | as long as short |
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Gate BCH_USDT
Bitget BCHUSDT
GRVT BCH_USDT_Perp
Coinbase International BCH-PERP-INTX
Orderly PERP_BCH_USDC
BloFin BCH-USDT
BingX BCH-USDT
OKX BCH-USDT-SWAP
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]