Funding you earn now, next payment 00:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.025%
Price spread now: Injective against Binance−0.070%7-day average +0.073% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.186%+$19 on $10k
+Price spread, last 3 days (all we have)−1.394%−$139 · spread now −0.070%, 7d avg +0.073%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Injective is 0.143% cheaper against Binance than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.073%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.186%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BCHUSDT | 270.39 | −0.0021 | get 0.0021% / 8h | 42m 41s | $75.4M | $235.2M | 75x |
| Short | Injective BCH/USDC PERP | 270.20 | −0.0054 | pay 0.0007% / 1h | 42m 41s | $721 | $130K | 12x |
Binance BCHUSDT
Injective BCH/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$6.91
- Price spread: −0.070% → +0.073%
- −$14.34
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$31.27
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 16 min ago; Injective: no order-book sample. 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 Binance live order book, 16 min ago | 0.19 bp | 6.3 bp −$6 | 15.1 bp −$151 | 45.0 bp −$4,497 | 133.0 bp −$66.5K |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0492% | 1h | 270.66 | +0.101% | $457K | $266K | 25x | as long as short |
| Phemex BCHUSDT | −0.0183% | 8h | 270.68 | +0.107% | $4.9M | $6.6M | 50x | as long as short |
| Variational Omni BCH | −0.0131% | 8h | 270.92 | +0.195% | $83K | $294K | — | as long as short |
| Kraken Futures PF_BCHUSD | −0.0124% | 1h | 270.77 | +0.142% | $820K | $3.2M | 50x | as long as short |
| Bybit BCHUSDT | −0.0083% | 8h | 270.30 | −0.033% | $39.6M | $33.2M | 75x | as long as short |
| SoDEX BCH-USD | −0.0080% | 1h | 270.49 | +0.037% | $2K | $6K | 10x | as long as short |
| Injective BCH/USDC PERPshort | −0.0054% | 1h | 270.20 | −0.070% | $721 | $130K | 12x | |
| Coinbase International BCH-PERP-INTX | −0.0032% | 1h | 271.05 | +0.244% | $240K | $2.1M | 50x | as long as short |
| Extended BCH-USD | −0.0024% | 1h | 270.21 | −0.066% | $117K | $653K | 25x | as long as short |
| Binance BCHUSDTlong | −0.0021% | 8h | 270.39 | long leg | $75.4M | $235.2M | 75x |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
Variational Omni BCH
Kraken Futures PF_BCHUSD
Bybit BCHUSDT
SoDEX BCH-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0020% | 8h | 270.92 | +0.196% | $71.0M | $6.6M | 200x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 270.96 | +0.213% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 271.08 | +0.255% | $1.3M | $11.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 270.85 | +0.171% | $4K | — | 150x | as long as short |
| Gate BCH_USDT | +0.0007% | 8h | 270.45 | +0.022% | $8.4M | $14.4M | 75x | as long as short |
| Orderly PERP_BCH_USDC | +0.0025% | 8h | 270.63 | +0.089% | $2K | $176 | 10x | as long as short |
| GRVT BCH_USDT_Perp | +0.0033% | 8h | 271.03 | +0.237% | $395K | $17K | 10x | as long as short |
| Bitget BCHUSDT | +0.0037% | 8h | 270.27 | −0.044% | $19.6M | $29.6M | 75x | as long as short |
| OKX BCH-USDT-SWAP | +0.0052% | 8h | 270.30 | −0.033% | $26.6M | $79.2M | 50x | as long as short |
| BingX BCH-USDC | +0.0057% | 8h | 270.49 | +0.037% | — | $6.5M | — | as long as short |
| Lighter BCH | +0.0096% | 1h | 270.45 | +0.024% | $374K | $554K | 10x | as long as short |
| BloFin BCH-USDT | +0.0100% | 8h | 270.54 | +0.055% | $4.0M | $4.2M | 50x | as long as short |
| Nado BCH-PERP | +0.0100% | 1h | 270.66 | +0.101% | $440K | $431K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 270.78 | +0.144% | $6.1M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 270.73 | +0.124% | $217K | $705K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 270.44 | +0.019% | $164K | $467K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 270.65 | +0.096% | $9.3M | $7.9M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 271.00 | +0.224% | $19K | $291K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 271.19 | +0.296% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 270.33 | −0.022% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 270.49 | +0.037% | $779K | $1.7M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0335% / S −0.0340% | 1h | 270.84 | +0.166% | $27K | — | 100x | as long as short |
MEXC BCH_USDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Gate BCH_USDT
Orderly PERP_BCH_USDC
GRVT BCH_USDT_Perp
Bitget BCHUSDT
OKX BCH-USDT-SWAP
BingX BCH-USDC
Lighter BCH
BloFin BCH-USDT
Nado BCH-PERP
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]