Funding you earn now, next payment 16:00 UTC+0.0168%/8h= +18.4% APRnext payment +$1.68 per $10,000 · paid last 24h +0.021%
Price spread now: SunX against Binance−0.066%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$850.851% of the position
Funding, last 7 days+0.149%+$15 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now −0.066%, 7d avg −0.033%
=Funding pays, the price is against you. SunX is 0.033% cheaper against Binance than usual: you would sell low and buy high (spread −0.066% now, against its 7-day average of −0.033%). If the spread goes back, that is −$3 on $10k: about 16 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.149% in total) that is about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BCHUSDT | 270.22 | −0.0068 | get 0.0068% / 8h | 5h 54m | $74.3M | $201.3M | 75x |
| Short | SunX BCH-USDT | 270.04 | 0.0100 | get 0.0100% / 8h | 5h 54m | $1K | $1.4M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $35.28
- Price spread: −0.066% → −0.033%
- −$3.28
- Slippage, 4 orders
- −$67.11
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$53.11
- Costs to cover
- 0.851%
- Break-even
- 17.5 days
Slippage from Binance: live order book, 12 min ago; SunX: 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, 12 min ago | 0.19 bp | 7.7 bp −$8 | 14.6 bp −$146 | 45.7 bp −$4,574 | 137.4 bp −$68.7K |
| Sell SunX live order book, 3 min ago | 19.65 bp | 29.0 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
BCH on 32 exchanges
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 | −0.0400% | 1h | 270.19 | −0.010% | $2K | $8K | 10x | as long as short |
| Phemex BCHUSDT | −0.0311% | 8h | 270.14 | −0.029% | $4.9M | $6.3M | 50x | as long as short |
| Variational Omni BCH | −0.0131% | 8h | 269.88 | −0.124% | $152K | $229K | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0113% | 8h | 270.10 | −0.043% | $26.0M | $75.6M | 50x | as long as short |
| Bybit BCHUSDT | −0.0094% | 8h | 270.14 | −0.029% | $39.5M | $30.9M | 75x | as long as short |
| Binance BCHUSDTlong | −0.0068% | 8h | 270.22 | long leg | $74.3M | $201.3M | 75x | |
| MEXC BCH_USDT | −0.0067% | 8h | 271.08 | +0.319% | $73.6M | $9.4M | 200x | as long as short |
| Extended BCH-USD | −0.0064% | 1h | 270.30 | +0.032% | $118K | $919K | 25x | as long as short |
| GRVT BCH_USDT_Perp | −0.0064% | 8h | 269.92 | −0.110% | $394K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0052% | 8h | 270.31 | +0.034% | $8.2M | $12.2M | 75x | as long as short |
Show all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0042% | 1h | 270.31 | +0.035% | $426K | $356K | 25x | as long as short |
| KuCoin BCHUSDTM | −0.0006% | 8h | 270.42 | +0.075% | $8.9M | $5.5M | 75x | as long as short |
| BingX BCH-USDC | −0.0005% | 8h | 270.22 | +0.001% | — | $6.5M | — | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0003% / S +0.0007% | 1h | 270.11 | −0.040% | $18K | — | 150x | as long as short |
| Bitget BCHUSDT | −0.0002% | 8h | 270.27 | +0.019% | $19.5M | $26.1M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 270.10 | −0.044% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 270.24 | +0.008% | $1.0M | $8.7M | 2.7x | as long as short |
| HTX BCH-USDT | +0.0022% | 8h | 269.92 | −0.110% | $788K | $1.2M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0024% | 1h | 270.41 | +0.071% | $876K | $2.5M | 50x | as long as short |
| Pacifica BCH | +0.0033% | 1h | 269.97 | −0.090% | $156K | $270K | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | −0.006% | $721 | $130K | 12x | as long as short |
| Aster BCHUSDT | +0.0039% | 8h | 270.25 | +0.012% | $147K | $508K | 75x | as long as short |
| Orderly PERP_BCH_USDC | +0.0041% | 8h | 270.14 | −0.029% | $2K | $540 | 10x | as long as short |
| BloFin BCH-USDT | +0.0053% | 8h | 270.03 | −0.069% | $3.6M | $5.3M | 50x | as long as short |
| Nado BCH-PERP | +0.0081% | 1h | 269.94 | −0.103% | $460K | $374K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 270.33 | +0.042% | $396K | $432K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 270.58 | +0.134% | $6.0M | $4.6M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 269.90 | −0.116% | $19K | $345K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 271.20 | +0.364% | $98K | $245K | 50x | as long as short |
| SunX BCH-USDTshort | +0.0100% | 8h | 270.04 | −0.066% | $1K | $1.4M | 30x | |
| Coinbase International BCH-PERP-INTX | +0.0200% | 1h | 270.53 | +0.116% | $358K | $2.1M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0227% / S −0.0201% | 1h | 270.36 | +0.053% | $15K | — | 100x | as long as short |
Binance BCHUSDT
SunX BCH-USDT
SoDEX BCH-USD
Phemex BCHUSDT
Variational Omni BCH
OKX BCH-USDT-SWAP
Bybit BCHUSDT
MEXC BCH_USDT
Extended BCH-USD
GRVT BCH_USDT_Perp
Gate BCH_USDT
Deribit BCH_USDC-PERPETUAL
KuCoin BCHUSDTM
BingX BCH-USDC
gTrade (Gains Network) BCH/USD
Bitget BCHUSDT
Kalshi KXBCHPERP
HTX BCH-USDT
Kraken Futures PF_BCHUSD
Pacifica BCH
Injective BCH/USDC PERP
Aster BCHUSDT
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
Coinbase International BCH-PERP-INTX
GMX BCH/USD [WBTC.b-USDC]