Funding you earn now, next payment 16:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.28 per $10,000 · paid last 24h −0.015%
Price spread now: SunX against BloFin−0.146%55s7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as 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−$860.861% of the position
Funding, last 7 days−0.091%−$9 on $10k
+Price spread, last 4 days (all we have)+0.130%+$13 · spread now −0.146%, 7d avg −0.029%
=Funding pays, the price is against you. SunX is 0.117% cheaper against BloFin than usual: you would sell low and buy high (spread −0.146% now, against its 7-day average of −0.029%). If the spread goes back, that is −$12 on $10k: about 14 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.091%, so the current rate has only just turned in your favour. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BCH-USDT | 267.82 | 0.0072 | pay 0.0072% / 8h | 7h 41m | $3.6M | $5.0M | 50x |
| Short | SunX BCH-USDT | 267.43 | 0.0100 | get 0.0100% / 8h | 7h 41m | $1K | $1.6M | 30x |
BloFin BCH-USDT
SunX BCH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against BloFin. 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
- $5.91
- Price spread: −0.146% → −0.029%
- −$11.69
- Slippage, 4 orders
- −$66.12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$91.9
- Costs to cover
- 0.861%
- Break-even
- 115.8 days
Slippage from BloFin: live order book, 2 min ago; SunX: live order book, 4 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 BloFin live order book, 2 min ago | 1.31 bp | 9.6 bp −$10 | 19.8 bp −$198 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 19.79 bp | 29.0 bp −$29 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX BCH-USD | −0.0364% | 1h | 267.60 | −0.082% | $2K | $8K | 10x | as long as short |
| Phemex BCHUSDT | −0.0194% | 8h | 267.62 | −0.075% | $5.0M | $6.5M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0158% | 1h | 267.85 | +0.010% | $870K | $2.7M | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0131% | 8h | 268.07 | +0.092% | $391K | $17K | 10x | as long as short |
| Variational Omni BCH | −0.0130% | 8h | 268.11 | +0.107% | $149K | $262K | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0088% | 8h | 267.40 | −0.157% | $25.3M | $78.6M | 50x | as long as short |
| KuCoin BCHUSDTM | −0.0075% | 8h | 267.46 | −0.134% | $8.6M | $6.2M | 75x | as long as short |
| Bitget BCHUSDT | −0.0070% | 8h | 267.34 | −0.179% | $19.3M | $27.2M | 75x | as long as short |
| Binance BCHUSDT | −0.0053% | 8h | 267.45 | −0.138% | $73.9M | $216.2M | 75x | as long as short |
| MEXC BCH_USDT | −0.0050% | 8h | 267.99 | +0.063% | $72.0M | $9.2M | 200x | as long as short |
SoDEX BCH-USD
Phemex BCHUSDT
Kraken Futures PF_BCHUSD
GRVT BCH_USDT_Perp
Variational Omni BCH
OKX BCH-USDT-SWAP
KuCoin BCHUSDTM
Bitget BCHUSDT
Binance BCHUSDT
MEXC BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0048% | 1h | 267.36 | −0.172% | $119K | $912K | 25x | as long as short |
| Gate BCH_USDT | −0.0044% | 8h | 267.49 | −0.123% | $8.4M | $12.9M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 267.84 | +0.007% | $15K | — | 150x | as long as short |
| Pacifica BCH | −0.0002% | 1h | 267.40 | −0.156% | $155K | $296K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 267.56 | −0.098% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.04 | +0.082% | $1.0M | $9.1M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 267.77 | −0.017% | $421K | $359K | 25x | as long as short |
| Aster BCHUSDT | +0.0011% | 8h | 267.65 | −0.064% | $144K | $573K | 75x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.889% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0045% | 8h | 267.63 | −0.071% | $2K | — | 10x | as long as short |
| Bybit BCHUSDT | +0.0070% | 8h | 267.40 | −0.157% | $39.6M | $32.2M | 75x | as long as short |
| BloFin BCH-USDTlong | +0.0072% | 8h | 267.82 | long leg | $3.6M | $5.0M | 50x | |
| Coinbase International BCH-PERP-INTX | +0.0088% | 1h | 268.36 | +0.202% | $304K | $2.1M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 267.53 | −0.109% | $374K | $492K | 10x | as long as short |
| Nado BCH-PERP | +0.0100% | 1h | 267.71 | −0.041% | $430K | $352K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 267.69 | −0.049% | $5.8M | $4.8M | 10x | as long as short |
| BingX BCH-USDC | +0.0100% | 8h | 267.44 | −0.142% | — | $6.5M | — | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 268.07 | +0.094% | $19K | $346K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 268.26 | +0.164% | $97K | $241K | 50x | as long as short |
| SunX BCH-USDTshort | +0.0100% | 8h | 267.43 | −0.146% | $1K | $1.6M | 30x | |
| HTX BCH-USDT | +0.0100% | 8h | 267.69 | −0.049% | $780K | $1.4M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0203% / S −0.0147% | 1h | 267.82 | +0.001% | $13K | — | 100x | as long as short |
Extended BCH-USD
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
Pacifica BCH
dYdX BCH-USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Aster BCHUSDT
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
Bybit BCHUSDT
Coinbase International BCH-PERP-INTX
Lighter BCH
Nado BCH-PERP
Hyperliquid BCH
BingX BCH-USDC
edgeX BCHUSDC
ApeX Omni BCHUSDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]