Funding you earn now, next payment 08:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.24 per $10,000 · paid last 24h −0.002%
Price spread now: Gate against Bitget+0.049%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$470.471% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 7 days−0.050%−$5 · spread now +0.049%, 7d avg +0.021%
=The price spread pays, funding is against you. Gate is 0.028% dearer against Bitget than usual: you sell high and buy low (spread +0.049% now, against its 7-day average of +0.021%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.0 days. At the pace of the last 7 days (−0.014% in total) that is about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BCHUSDT | 263.89 | −0.0075 | get 0.0075% / 8h | 4h 50m | $19.0M | $28.1M | 75x |
| Short | Gate BCH_USDT | 264.02 | −0.0099 | pay 0.0099% / 8h | 4h 50m | $8.3M | $13.3M | 75x |
Bitget BCHUSDT
Gate BCH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- −$5.04
- Price spread: +0.049% → +0.021%
- $2.85
- Slippage, 4 orders
- −$20.1
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$49.29
- Costs to cover
- 0.471%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Gate: 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 Bitget live order book, 4 min ago | 0.94 bp | 10.6 bp −$11 | 16.7 bp −$167 | 28.7 bp −$2,869 | doesn't fit |
| Sell Gate live order book, 3 min ago | 2.08 bp | 13.5 bp −$13 | 19.4 bp −$194 | 58.9 bp −$5,893 | 85.7 bp −$42.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BCH-USDT | −0.0810% | 8h | 263.86 | −0.011% | $1K | $1.7M | 30x | as long as short |
| SoDEX BCH-USD | −0.0396% | 1h | 263.89 | 0.000% | $2K | $8K | 10x | as long as short |
| HTX BCH-USDT | −0.0340% | 8h | 263.85 | −0.015% | $769K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0334% | 8h | 263.86 | −0.011% | $4.9M | $6.4M | 50x | as long as short |
| Nado BCH-PERP | −0.0197% | 1h | 263.91 | +0.009% | $419K | $338K | 10x | as long as short |
| GRVT BCH_USDT_Perp | −0.0114% | 8h | 264.97 | +0.408% | $386K | $17K | 10x | as long as short |
| Binance BCHUSDT | −0.0105% | 8h | 263.90 | +0.002% | $71.9M | $213.5M | 75x | as long as short |
| MEXC BCH_USDT | −0.0105% | 8h | 264.17 | +0.106% | $69.9M | $7.3M | 200x | as long as short |
| Extended BCH-USD | −0.0104% | 1h | 263.68 | −0.079% | $112K | $951K | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0104% | 1h | 264.21 | +0.121% | $220K | $1.8M | 50x | as long as short |
SunX BCH-USDT
SoDEX BCH-USD
HTX BCH-USDT
Phemex BCHUSDT
Nado BCH-PERP
GRVT BCH_USDT_Perp
Binance BCHUSDT
MEXC 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BCH_USDTshort | −0.0099% | 8h | 264.02 | +0.049% | $8.3M | $13.3M | 75x | |
| Variational Omni BCH | −0.0089% | 8h | 263.90 | +0.005% | $81K | $201K | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0089% | 8h | 263.60 | −0.110% | $24.9M | $73.8M | 50x | as long as short |
| KuCoin BCHUSDTM | −0.0086% | 8h | 264.05 | +0.061% | $8.5M | $7.1M | 75x | as long as short |
| Bitget BCHUSDTlong | −0.0075% | 8h | 263.89 | long leg | $19.0M | $28.1M | 75x | |
| Deribit BCH_USDC-PERPETUAL | −0.0060% | 1h | 264.06 | +0.064% | $442K | $331K | 25x | as long as short |
| BingX BCH-USDC | −0.0039% | 8h | 264.01 | +0.045% | — | $6.5M | — | as long as short |
| Bybit BCHUSDT | −0.0030% | 8h | 263.80 | −0.034% | $39.0M | $30.9M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 264.23 | +0.129% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 264.17 | +0.106% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 264.35 | +0.174% | $1.0M | $10.2M | 2.7x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0011% | 1h | 264.12 | +0.086% | $846K | $3.0M | 50x | as long as short |
| BloFin BCH-USDT | +0.0015% | 8h | 264.27 | +0.144% | $3.9M | $4.2M | 50x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.391% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0035% | 8h | 263.82 | −0.027% | $2K | $176 | 10x | as long as short |
| ApeX Omni BCHUSDT | +0.0060% | 1h | 264.95 | +0.402% | $96K | $228K | 50x | as long as short |
| Pacifica BCH | +0.0077% | 1h | 264.14 | +0.096% | $161K | $321K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 263.93 | +0.014% | $361K | $482K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 264.17 | +0.107% | $5.7M | $4.6M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 264.15 | +0.099% | $167K | $520K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 264.82 | +0.353% | $19K | $290K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0356% / S −0.0525% | 1h | 264.18 | +0.110% | $25K | — | 100x | as long as short |
Variational Omni BCH
OKX BCH-USDT-SWAP
KuCoin BCHUSDTM
Deribit BCH_USDC-PERPETUAL
BingX BCH-USDC
Bybit BCHUSDT
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Kraken Futures PF_BCHUSD
BloFin BCH-USDT
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
ApeX Omni BCHUSDT
Pacifica BCH
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]