Funding you earn now, next payment 01:00 UTC−0.0191%/8h= −20.9% APRpaid last 24h +0.002%
Price spread now: ApeX Omni against BingX−0.334%98s7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$500.498% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 3 days (all we have)+0.438%+$44 · spread now −0.334%, 7d avg +0.048%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and ApeX Omni is 0.383% cheaper against BingX than usual: you would sell low and buy high (−$38 if the spread goes back to its 7-day average of +0.048%). Swap the legs. The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.042% in total (about 2.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BCH-USDC | 269.16 | 0.0020 | pay 0.0020% / 8h | 7h 31m | — | $6.5M | — |
| Short | ApeX Omni BCHUSDT | 268.26 | −0.0171 | pay 0.0021% / 1h | 31m 41s | $73K | $214K | 50x |
BingX BCH-USDC
ApeX Omni BCHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against BingX. 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
- −$40.14
- Price spread: −0.334% → +0.048%
- −$38.26
- Slippage, 4 orders
- −$29.79
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$128.18
- Costs to cover
- 0.498%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; ApeX Omni: live order book, 39 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 BingX live order book, 4 min ago | 1.49 bp | 13.7 bp −$14 | 31.5 bp −$315 | 127.2 bp −$12.7K | 439.1 bp −$219.6K |
| Sell ApeX Omni live order book, 39 min ago | 4.51 bp | 12.8 bp −$13 | 74.7 bp −$747 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex BCHUSDT | −0.0693% | 8h | 269.12 | −0.015% | $4.9M | $6.5M | 50x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0611% | 1h | 269.15 | −0.003% | $455K | $266K | 25x | as long as short |
| SoDEX BCH-USD | −0.0514% | 1h | 269.14 | −0.007% | $2K | $6K | 10x | as long as short |
| GRVT BCH_USDT_Perp | −0.0180% | 8h | 268.67 | −0.183% | $391K | $17K | 10x | as long as short |
| ApeX Omni BCHUSDTshort | −0.0171% | 1h | 268.26 | −0.334% | $73K | $214K | 50x | |
| HTX BCH-USDT | −0.0143% | 8h | 268.73 | −0.160% | $781K | $1.6M | 75x | as long as short |
| Variational Omni BCH | −0.0127% | 8h | 268.51 | −0.242% | $82K | $285K | — | as long as short |
| Gate BCH_USDT | −0.0085% | 8h | 269.21 | +0.019% | $8.5M | $14.2M | 75x | as long as short |
| Extended BCH-USD | −0.0056% | 1h | 268.98 | −0.066% | $117K | $1.1M | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 268.58 | −0.215% | $227K | $2.1M | 50x | as long as short |
Phemex BCHUSDT
Deribit BCH_USDC-PERPETUAL
SoDEX BCH-USD
GRVT BCH_USDT_Perp
HTX BCH-USDT
Variational Omni BCH
Gate BCH_USDT
Extended BCH-USD
Coinbase International BCH-PERP-INTXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0056% | 8h | 269.12 | −0.015% | $73.0M | $230.3M | 75x | as long as short |
| MEXC BCH_USDT | −0.0054% | 8h | 269.71 | +0.204% | $70.7M | $6.6M | 200x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 269.33 | +0.062% | $859K | $3.1M | 50x | as long as short |
| Bybit BCHUSDT | −0.0035% | 8h | 269.10 | −0.022% | $39.8M | $32.6M | 75x | as long as short |
| Bitget BCHUSDT | −0.0010% | 8h | 269.02 | −0.052% | $19.3M | $29.3M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 269.30 | +0.053% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 269.43 | +0.100% | $1.1M | $10.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 269.25 | +0.033% | $4K | — | 150x | as long as short |
| Nado BCH-PERP | +0.0003% | 1h | 268.76 | −0.148% | $441K | $420K | 10x | as long as short |
| BingX BCH-USDClong | +0.0020% | 8h | 269.16 | long leg | — | $6.5M | — | |
| OKX BCH-USDT-SWAP | +0.0023% | 8h | 269.20 | +0.015% | $26.1M | $77.1M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0031% | 8h | 269.05 | −0.041% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.386% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0065% | 8h | 268.84 | −0.119% | $3.9M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 269.17 | +0.002% | $371K | $530K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.42 | +0.097% | $6.0M | $4.4M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 269.20 | +0.014% | $178K | $666K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 268.95 | −0.077% | $163K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 269.18 | +0.007% | $9.0M | $7.6M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 268.60 | −0.208% | $19K | $291K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 268.64 | −0.193% | $2K | $1.9M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0334% / S −0.0451% | 1h | 269.28 | +0.044% | $25K | — | 100x | as long as short |
Binance BCHUSDT
MEXC BCH_USDT
Kraken Futures PF_BCHUSD
Bybit BCHUSDT
Bitget BCHUSDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Nado BCH-PERP
OKX BCH-USDT-SWAP
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]