Funding you earn now, next payment 08:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.54 per $10,000 · paid last 24h −0.007%
Price spread now: Bybit against Binance−0.042%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$370.375% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 7 days+0.013%+$1 · spread now −0.042%, 7d avg −0.030%
=The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BCHUSDT | 263.22 | −0.0065 | get 0.0065% / 8h | 3h 00m | $71.4M | $216.2M | 75x |
| Short | Bybit BCHUSDT | 263.11 | −0.0011 | pay 0.0011% / 8h | 3h 00m | $38.8M | $31.3M | 75x |
Binance BCHUSDT
Bybit BCHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- $11.24
- Price spread: −0.042% → −0.030%
- −$1.21
- Slippage, 4 orders
- −$16.45
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$27.42
- Costs to cover
- 0.375%
- Break-even
- 24.1 days
Slippage from Binance: live order book, 13 min ago; Bybit: live order book, 3 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, 13 min ago | 0.19 bp | 7.7 bp −$8 | 16.1 bp −$161 | 43.0 bp −$4,296 | 121.6 bp −$60.8K |
| Sell Bybit live order book, 3 min ago | 1.90 bp | 9.8 bp −$10 | 23.0 bp −$230 | 76.1 bp −$7,613 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX BCH-USD | −0.0275% | 1h | 263.22 | 0.000% | $2K | $8K | 10x | as long as short |
| HTX BCH-USDT | −0.0236% | 8h | 262.97 | −0.095% | $770K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0193% | 8h | 263.37 | +0.057% | $4.9M | $6.4M | 50x | as long as short |
| Nado BCH-PERP | −0.0183% | 1h | 263.15 | −0.027% | $427K | $347K | 10x | as long as short |
| SunX BCH-USDT | −0.0149% | 8h | 263.09 | −0.049% | $2K | $1.7M | 30x | as long as short |
| KuCoin BCHUSDTM | −0.0106% | 8h | 263.30 | +0.030% | $8.4M | $6.8M | 75x | as long as short |
| Bitget BCHUSDT | −0.0103% | 8h | 263.13 | −0.034% | $18.8M | $28.3M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0083% | 8h | 263.10 | −0.046% | $25.0M | $75.9M | 50x | as long as short |
| Variational Omni BCH | −0.0067% | 8h | 263.00 | −0.082% | $81K | $196K | — | as long as short |
| MEXC BCH_USDT | −0.0065% | 8h | 263.69 | +0.179% | $69.8M | $7.9M | 200x | as long as short |
SoDEX BCH-USD
HTX BCH-USDT
Phemex BCHUSDT
Nado BCH-PERP
SunX BCH-USDT
KuCoin BCHUSDTM
Bitget BCHUSDT
OKX BCH-USDT-SWAP
Variational Omni BCH
MEXC BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDTlong | −0.0065% | 8h | 263.22 | long leg | $71.4M | $216.2M | 75x | |
| Extended BCH-USD | −0.0064% | 1h | 263.18 | −0.016% | $113K | $1.1M | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0064% | 1h | 263.60 | +0.144% | $219K | $1.8M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0052% | 1h | 263.36 | +0.054% | $844K | $3.0M | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0042% | 8h | 263.89 | +0.254% | $385K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0029% | 8h | 263.35 | +0.049% | $8.3M | $13.7M | 75x | as long as short |
| Bybit BCHUSDTshort | −0.0011% | 8h | 263.11 | −0.042% | $38.8M | $31.3M | 75x | |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 263.33 | +0.043% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 263.41 | +0.073% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 263.54 | +0.122% | $985K | $10.4M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 263.42 | +0.074% | $441K | $331K | 25x | as long as short |
| BingX BCH-USDT | +0.0003% | 8h | 263.32 | +0.038% | — | $32.9M | — | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.652% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0046% | 8h | 263.23 | +0.004% | $2K | $176 | 10x | as long as short |
| BloFin BCH-USDT | +0.0055% | 8h | 263.13 | −0.034% | $3.9M | $4.4M | 50x | as long as short |
| Aster BCHUSDT | +0.0074% | 8h | 263.45 | +0.088% | $152K | $549K | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 263.25 | +0.013% | $353K | $495K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 263.43 | +0.080% | $5.6M | $4.6M | 10x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 263.26 | +0.015% | $158K | $305K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 263.42 | +0.075% | $18K | $331K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 263.56 | +0.129% | $96K | $234K | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0202% / S −0.0147% | 1h | 263.28 | +0.025% | $12K | — | 100x | as long as short |
Extended BCH-USD
Coinbase International BCH-PERP-INTX
Kraken Futures PF_BCHUSD
GRVT BCH_USDT_Perp
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
BingX BCH-USDT
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
BloFin BCH-USDT
Aster BCHUSDT
Lighter BCH
Hyperliquid BCH
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
GMX BCH/USD [WBTC.b-USDC]