Funding you earn now, next payment 00:00 UTC+0.0173%/8h= +19.0% APRnext payment +$1.73 per $10,000 · paid last 24h +0.006%
Price spread now: HTX against Bybit−0.060%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$590.588% of the position
Funding, last 7 days+0.121%+$12 on $10k
+Price spread, last 3 days (all we have)−0.106%−$11 · spread now −0.060%, 7d avg +0.004%
=Funding pays, the price is against you. HTX is 0.063% cheaper against Bybit than usual: you would sell low and buy high (spread −0.060% now, against its 7-day average of +0.004%). If the spread goes back, that is −$6 on $10k: about 29 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.121% in total) that is about 3.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BCHUSDT | 268.42 | −0.0109 | get 0.0109% / 8h | 3h 32m | $39.7M | $32.0M | 75x |
| Short | HTX BCH-USDT | 268.26 | 0.0064 | get 0.0064% / 8h | 3h 32m | $781K | $1.6M | 75x |
Bybit BCHUSDT
HTX BCH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bybit. 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
- $36.43
- Price spread: −0.060% → +0.004%
- −$6.32
- Slippage, 4 orders
- −$35.84
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$28.73
- Costs to cover
- 0.588%
- Break-even
- 12.5 days
Slippage from Bybit: live order book, 2 min ago; HTX: live order book, 2 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 Bybit live order book, 2 min ago | 1.87 bp | 10.1 bp −$10 | 17.5 bp −$175 | 69.2 bp −$6,924 | doesn't fit |
| Sell HTX live order book, 2 min ago | 5.04 bp | 11.6 bp −$12 | 217.9 bp −$2,179 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BCH/USDC PERP | −0.0300% | 1h | 267.99 | −0.160% | $715 | $47K | 12x | as long as short |
| SoDEX BCH-USD | −0.0291% | 1h | 267.84 | −0.216% | $2K | $6K | 10x | as long as short |
| Phemex BCHUSDT | −0.0290% | 8h | 268.20 | −0.082% | $4.9M | $5.9M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0192% | 1h | 268.13 | −0.108% | $817K | $3.2M | 50x | as long as short |
| Binance BCHUSDT | −0.0144% | 8h | 268.52 | +0.039% | $74.2M | $227.9M | 75x | as long as short |
| Extended BCH-USD | −0.0144% | 1h | 268.43 | +0.006% | $105K | $642K | 25x | as long as short |
| MEXC BCH_USDT | −0.0144% | 8h | 269.12 | +0.261% | $71.5M | $6.2M | 200x | as long as short |
| GRVT BCH_USDT_Perp | −0.0139% | 8h | 267.75 | −0.249% | $390K | $17K | 10x | as long as short |
| Bybit BCHUSDTlong | −0.0109% | 8h | 268.42 | long leg | $39.7M | $32.0M | 75x | |
| Deribit BCH_USDC-PERPETUAL | −0.0104% | 1h | 268.00 | −0.155% | $438K | $254K | 25x | as long as short |
Injective BCH/USDC PERP
SoDEX BCH-USD
Phemex BCHUSDT
Kraken Futures PF_BCHUSD
Binance BCHUSDT
Extended BCH-USD
MEXC BCH_USDT
GRVT BCH_USDT_Perp
Deribit BCH_USDC-PERPETUALShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BCH_USDT | −0.0092% | 8h | 268.61 | +0.071% | $8.4M | $14.3M | 75x | as long as short |
| Nado BCH-PERP | −0.0078% | 1h | 267.65 | −0.288% | $441K | $394K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0072% | 1h | 268.20 | −0.082% | $234K | $2.0M | 50x | as long as short |
| Variational Omni BCH | −0.0061% | 8h | 267.65 | −0.285% | $76K | $277K | — | as long as short |
| Bitget BCHUSDT | −0.0057% | 8h | 268.58 | +0.060% | $19.9M | $28.3M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0036% | 8h | 268.50 | +0.030% | $25.2M | $74.2M | 50x | as long as short |
| BingX BCH-USDT | −0.0026% | 8h | 268.56 | +0.052% | — | $32.2M | — | as long as short |
| BloFin BCH-USDT | −0.0025% | 8h | 268.44 | +0.007% | $4.0M | $4.1M | 50x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 268.72 | +0.110% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.48 | +0.022% | $1.1M | $11.5M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 268.08 | −0.126% | $4K | — | 150x | as long as short |
| KuCoin BCHUSDTM | +0.0029% | 8h | 268.60 | +0.067% | $8.9M | $8.1M | 75x | as long as short |
| Orderly PERP_BCH_USDC | +0.0033% | 8h | 267.87 | −0.205% | $2K | $176 | 10x | as long as short |
| HTX BCH-USDTshort | +0.0064% | 8h | 268.26 | −0.060% | $781K | $1.6M | 75x | |
| SunX BCH-USDT | +0.0092% | 8h | 267.43 | −0.369% | $1K | $2.0M | 30x | as long as short |
| Lighter BCH | +0.0096% | 1h | 268.67 | +0.093% | $378K | $578K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 268.78 | +0.134% | $5.2M | $3.8M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 268.56 | +0.052% | $238K | $670K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 268.62 | +0.075% | $169K | $453K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 267.69 | −0.273% | $21K | $286K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 268.08 | −0.127% | $73K | $216K | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0372% / S −0.0574% | 1h | 268.05 | −0.139% | $26K | — | 100x | as long as short |
Gate BCH_USDT
Nado BCH-PERP
Coinbase International BCH-PERP-INTX
Variational Omni BCH
Bitget BCHUSDT
OKX BCH-USDT-SWAP
BingX BCH-USDT
BloFin BCH-USDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
KuCoin BCHUSDTM
Orderly PERP_BCH_USDC
SunX BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
GMX BCH/USD [WBTC.b-USDC]