Funding you earn now, next payment 16:00 UTC−0.0105%/8h= −11.5% APRnext payment −$1.05 per $10,000 · paid last 24h −0.007%
Price spread now: OKX against BingX−0.037%7-day average — · 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−$34as in the Price arb table
costs, in and out, $10k−$300.305% of the position
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.037% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BCH-USDT | 270.70 | −0.0010 | get 0.0010% / 8h | 6h 01m | — | $13.9M | — |
| Short | OKX BCH-USDT-SWAP | 270.60 | −0.0115 | pay 0.0115% / 8h | 6h 01m | $25.8M | $75.5M | 50x |
BingX BCH-USDT
OKX BCH-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$22.04
- Price spread: −0.037% → 0.000%
- −$3.69
- Slippage, 4 orders
- −$10.48
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$56.22
- Costs to cover
- 0.305%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; OKX: live order book, 6 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, 5 min ago | 0.56 bp | 5.6 bp −$6 | 7.0 bp −$70 | 9.7 bp −$968 | 15.4 bp −$7,707 |
| Sell OKX live order book, 6 min ago | 1.86 bp | 9.2 bp −$9 | 17.0 bp −$170 | 132.3 bp −$13.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex BCHUSDT | −0.0338% | 8h | 270.63 | −0.026% | $5.0M | $6.3M | 50x | as long as short |
| SoDEX BCH-USD | −0.0324% | 1h | 270.59 | −0.041% | $2K | $8K | 10x | as long as short |
| Variational Omni BCH | −0.0141% | 8h | 269.89 | −0.300% | $145K | $222K | — | as long as short |
| OKX BCH-USDT-SWAPshort | −0.0115% | 8h | 270.60 | −0.037% | $25.8M | $75.5M | 50x | |
| Bybit BCHUSDT | −0.0107% | 8h | 270.60 | −0.037% | $39.6M | $31.0M | 75x | as long as short |
| Extended BCH-USD | −0.0064% | 1h | 270.47 | −0.083% | $118K | $919K | 25x | as long as short |
| Binance BCHUSDT | −0.0064% | 8h | 270.64 | −0.022% | $74.4M | $201.0M | 75x | as long as short |
| MEXC BCH_USDT | −0.0063% | 8h | 271.23 | +0.196% | $73.8M | $9.6M | 200x | as long as short |
| GRVT BCH_USDT_Perp | −0.0059% | 8h | 270.98 | +0.104% | $395K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0044% | 8h | 270.70 | 0.000% | $8.2M | $12.9M | 75x | as long as short |
Phemex BCHUSDT
SoDEX BCH-USD
Variational Omni BCH
Bybit BCHUSDT
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
GRVT BCH_USDT_Perp
Gate BCH_USDTShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BCH-USDTlong | −0.0010% | 8h | 270.70 | long leg | — | $13.9M | — | |
| KuCoin BCHUSDTM | −0.0009% | 8h | 270.76 | +0.022% | $8.9M | $5.5M | 75x | as long as short |
| Bitget BCHUSDT | −0.0009% | 8h | 270.60 | −0.037% | $19.4M | $26.5M | 75x | as long as short |
| HTX BCH-USDT | −0.0009% | 8h | 270.59 | −0.041% | $790K | $1.2M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0003% / S +0.0007% | 1h | 270.72 | +0.006% | $18K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 270.66 | −0.015% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 271.06 | +0.133% | $1.0M | $8.7M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 270.74 | +0.016% | $427K | $357K | 25x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | −0.185% | $721 | $130K | 12x | as long as short |
| Aster BCHUSDT | +0.0039% | 8h | 270.61 | −0.033% | $147K | $508K | 75x | as long as short |
| Orderly PERP_BCH_USDC | +0.0041% | 8h | 270.61 | −0.033% | $2K | $540 | 10x | as long as short |
| BloFin BCH-USDT | +0.0055% | 8h | 271.31 | +0.225% | $3.6M | $5.4M | 50x | as long as short |
| Nado BCH-PERP | +0.0089% | 1h | 270.56 | −0.052% | $461K | $373K | 10x | as long as short |
| Pacifica BCH | +0.0095% | 1h | 270.62 | −0.031% | $156K | $270K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 270.80 | +0.036% | $396K | $469K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 270.88 | +0.066% | $6.0M | $4.5M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 270.32 | −0.140% | $19K | $346K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 270.70 | 0.000% | $98K | $244K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 270.49 | −0.078% | $1K | $1.4M | 30x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0103% | 1h | 270.82 | +0.045% | $882K | $2.5M | 50x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0144% | 1h | 270.98 | +0.103% | $359K | $2.1M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0227% / S −0.0201% | 1h | 270.74 | +0.015% | $15K | — | 100x | as long as short |
KuCoin BCHUSDTM
Bitget BCHUSDT
HTX BCH-USDT
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Injective BCH/USDC PERP
Aster BCHUSDT
Orderly PERP_BCH_USDC
BloFin BCH-USDT
Nado BCH-PERP
Pacifica BCH
Lighter BCH
Hyperliquid BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
Kraken Futures PF_BCHUSD
Coinbase International BCH-PERP-INTX
GMX BCH/USD [WBTC.b-USDC]