BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%

Price spread now: BloFin against Binance+0.022%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$11as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$350.350% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.240%+$24 on $10k

Price spread, last 3 days (all we have)−0.093%−$9 · spread now +0.022%, 7d avg −0.007%

Together, before fees+0.147%+$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.029% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BCHUSDT	267.88	−0.0091	get 0.0091% / 8h	2h 03m	$73.9M	$229.4M	75x
Short	BloFin BCH-USDT	267.94	0.0029	get 0.0029% / 8h	2h 03m	$4.0M	$4.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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 BinancebpFee BloFinbpOrdersPrice spread, now +0.022%Rate

Funding earned: $25.2
Price spread: +0.022% → −0.007%: $2.91
Slippage, 4 orders: −$12.95
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$6.84
Costs to cover: 0.350%
Break-even: 8.9 days

Slippage from Binance: live order book, 10 min ago; BloFin: 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 Binance live order book, 10 min ago	0.19 bp	8.2 bp −$8	17.4 bp −$174	45.2 bp −$4,523	doesn't fit
Sell BloFin live order book, 5 min ago	0.19 bp	7.5 bp −$7	13.6 bp −$136	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	−0.0309%	1h	267.99	+0.042%	$438K	$247K	25x	as long as short
Injective BCH/USDC PERP	−0.0304%	1h	268.50	+0.231%	$716	$110K	12x	as long as short
Phemex BCHUSDT	−0.0175%	8h	267.87	−0.004%	$4.9M	$6.3M	50x	as long as short
SoDEX BCH-USD	−0.0155%	1h	267.88	0.000%	$2K	$6K	10x	as long as short
MEXC BCH_USDT	−0.0091%	8h	268.54	+0.246%	$71.1M	$6.4M	200x	as long as short
Binance BCHUSDTlong	−0.0091%	8h	267.88	long leg	$73.9M	$229.4M	75x
Extended BCH-USD	−0.0088%	1h	267.83	−0.019%	$115K	$653K	25x	as long as short
Variational Omni BCH	−0.0073%	8h	267.74	−0.053%	$85K	$291K	—	as long as short
Bitget BCHUSDT	−0.0035%	8h	267.94	+0.022%	$19.9M	$29.0M	75x	as long as short
Gate BCH_USDT	−0.0030%	8h	267.91	+0.011%	$8.4M	$14.5M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BCH-PERP-INTX	−0.0024%	1h	268.88	+0.373%	$242K	$2.1M	50x	as long as short
GRVT BCH_USDT_Perp	−0.0017%	8h	267.84	−0.015%	$390K	$17K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	268.07	+0.071%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	268.14	+0.097%	$1.1M	$11.3M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	268.07	+0.071%	$4K	—	150x	as long as short
Bybit BCHUSDT	+0.0002%	8h	267.77	−0.041%	$39.3M	$32.2M	75x	as long as short
Orderly PERP_BCH_USDC	+0.0026%	8h	267.88	0.000%	$2K	$176	10x	as long as short
BingX BCH-USDT	+0.0029%	8h	267.89	+0.004%	—	$32.0M	—	as long as short
BloFin BCH-USDTshort	+0.0029%	8h	267.94	+0.022%	$4.0M	$4.1M	50x
OKX BCH-USDT-SWAP	+0.0030%	8h	267.90	+0.007%	$26.2M	$76.0M	50x	as long as short
Kraken Futures PF_BCHUSD	+0.0074%	1h	268.17	+0.107%	$804K	$3.2M	50x	as long as short
Lighter BCH	+0.0096%	1h	267.95	+0.027%	$376K	$581K	10x	as long as short
Nado BCH-PERP	+0.0100%	1h	267.87	−0.004%	$438K	$425K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	268.26	+0.142%	$6.0M	$4.1M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	268.05	+0.064%	$235K	$666K	75x	as long as short
Pacifica BCH	+0.0100%	1h	267.94	+0.022%	$169K	$455K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	267.96	+0.030%	$8.9M	$7.9M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	267.82	−0.024%	$19K	$289K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	268.05	+0.063%	$73K	$214K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	267.74	−0.052%	$2K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	267.76	−0.045%	$771K	$1.6M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0340% / S −0.0467%	1h	268.03	+0.057%	$26K	—	100x	as long as short