Funding you earn now, next payment 07:00 UTC+0.0044%/8h= +4.9% APRpaid last 24h −0.079%
Price spread now: Deribit against Binance+0.009%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$300.303% of the position
Funding, last 7 days−0.143%−$14 on $10k
+Price spread, last 4 days (all we have)−0.036%−$4 · spread now +0.009%, 7d avg +0.024%
=The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.143%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BCHUSDT | 265.34 | −0.0044 | get 0.0044% / 8h | 1h 57m | $73.1M | $221.1M | 75x |
| Short | Deribit BCH_USDC-PERPETUAL | 265.37 | 0 | get 0.0000% / 1h | 57m 39s | $442K | $333K | 25x |
Binance BCHUSDT
Deribit BCH_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $9.34
- Price spread: +0.009% → +0.024%
- −$1.5
- Slippage, 4 orders
- −$13.3
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$22.47
- Costs to cover
- 0.303%
- Break-even
- 23.8 days
Slippage from Binance: live order book, 16 min ago; Deribit: live order book, 51 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, 16 min ago | 0.19 bp | 8.4 bp −$8 | 15.4 bp −$154 | 50.9 bp −$5,088 | 112.8 bp −$56.4K |
| Sell Deribit live order book, 51 min ago | 3.65 bp | 8.1 bp −$8 | 15.6 bp −$156 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX BCH-USD | −0.0321% | 1h | 265.21 | −0.051% | $2K | $8K | 10x | as long as short |
| HTX BCH-USDT | −0.0195% | 8h | 265.22 | −0.047% | $774K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0177% | 8h | 265.44 | +0.036% | $5.0M | $6.6M | 50x | as long as short |
| Nado BCH-PERP | −0.0128% | 1h | 265.64 | +0.111% | $437K | $355K | 10x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0103% | 1h | 265.35 | +0.002% | $848K | $3.0M | 50x | as long as short |
| Bitget BCHUSDT | −0.0096% | 8h | 265.41 | +0.025% | $19.0M | $28.5M | 75x | as long as short |
| KuCoin BCHUSDTM | −0.0095% | 8h | 265.45 | +0.040% | $8.5M | $6.7M | 75x | as long as short |
| Variational Omni BCH | −0.0070% | 8h | 265.20 | −0.054% | $81K | $196K | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0069% | 8h | 265.50 | +0.058% | $25.3M | $78.3M | 50x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 265.47 | +0.046% | $115K | $1.1M | 25x | as long as short |
SoDEX BCH-USD
HTX BCH-USDT
Phemex BCHUSDT
Nado BCH-PERP
Kraken Futures PF_BCHUSD
Bitget BCHUSDT
KuCoin BCHUSDTM
Variational Omni BCH
OKX BCH-USDT-SWAP
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDTlong | −0.0044% | 8h | 265.34 | long leg | $73.1M | $221.1M | 75x | |
| MEXC BCH_USDT | −0.0044% | 8h | 265.76 | +0.156% | $70.7M | $8.5M | 200x | as long as short |
| Bybit BCHUSDT | −0.0030% | 8h | 265.50 | +0.058% | $39.0M | $31.8M | 75x | as long as short |
| BingX BCH-USDC | −0.0020% | 8h | 265.52 | +0.066% | — | $6.5M | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0012% | 8h | 265.31 | −0.013% | $387K | $17K | 10x | as long as short |
| SunX BCH-USDT | −0.0009% | 8h | 265.48 | +0.051% | $2K | $1.7M | 30x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 265.50 | +0.058% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.64 | +0.112% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.69 | +0.130% | $993K | $10.5M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUALshort | 0.0000% | 1h | 265.37 | +0.009% | $442K | $333K | 25x | |
| Coinbase International BCH-PERP-INTX | +0.0008% | 1h | 265.56 | +0.081% | $221K | $1.9M | 50x | as long as short |
| Gate BCH_USDT | +0.0018% | 8h | 265.56 | +0.081% | $8.4M | $13.8M | 75x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.830% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0046% | 8h | 265.30 | −0.017% | $2K | $176 | 10x | as long as short |
| Aster BCHUSDT | +0.0063% | 8h | 265.41 | +0.025% | $150K | $564K | 75x | as long as short |
| BloFin BCH-USDT | +0.0076% | 8h | 265.16 | −0.070% | $3.9M | $4.5M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 265.37 | +0.011% | $354K | $495K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.62 | +0.104% | $5.7M | $4.7M | 10x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 265.57 | +0.086% | $159K | $312K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 265.30 | −0.019% | $18K | $347K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 265.60 | +0.096% | $95K | $237K | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0202% / S −0.0147% | 1h | 265.56 | +0.082% | $12K | — | 100x | as long as short |
MEXC BCH_USDT
Bybit BCHUSDT
BingX BCH-USDC
GRVT BCH_USDT_Perp
SunX BCH-USDT
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Coinbase International BCH-PERP-INTX
Gate BCH_USDT
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
Aster BCHUSDT
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
GMX BCH/USD [WBTC.b-USDC]