BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0039%/8h= −4.3% APRnext payment −$0.39 per $10,000 · paid last 24h +0.020%

Price spread now: KuCoin against Bybit+0.049%7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$540.536% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.090%+$9 on $10k

Price spread, last 7 days−0.004%$0 · spread now +0.049%, 7d avg +0.053%

Together, before fees+0.086%+$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.053%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.090%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BCHUSDT	265.03	−0.0062	get 0.0062% / 8h	1h 26m	$38.9M	$31.8M	75x
Short	KuCoin BCHUSDTM	265.16	−0.0101	pay 0.0101% / 8h	1h 26m	$8.5M	$6.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now +0.049%Rate

Funding earned: −$8.25
Price spread: +0.049% → +0.053%: −$0.43
Slippage, 4 orders: −$30.58
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$62.26
Costs to cover: 0.536%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 1 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	1.89 bp	11.0 bp −$11	20.5 bp −$205	70.8 bp −$7,080	doesn't fit
Sell KuCoin live order book, 1 min ago	1.70 bp	18.7 bp −$19	60.1 bp −$601	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	−0.0395%	1h	264.87	−0.060%	$2K	$8K	10x	as long as short
HTX BCH-USDT	−0.0176%	8h	264.90	−0.049%	$775K	$1.4M	75x	as long as short
Phemex BCHUSDT	−0.0160%	8h	264.90	−0.049%	$4.9M	$6.6M	50x	as long as short
Kraken Futures PF_BCHUSD	−0.0103%	1h	265.04	+0.005%	$862K	$2.9M	50x	as long as short
KuCoin BCHUSDTMshort	−0.0101%	8h	265.16	+0.049%	$8.5M	$6.7M	75x
Variational Omni BCH	−0.0091%	8h	264.10	−0.349%	$81K	$196K	—	as long as short
Bitget BCHUSDT	−0.0086%	8h	265.13	+0.038%	$19.0M	$28.4M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0076%	8h	265.10	+0.026%	$25.3M	$78.1M	50x	as long as short
Bybit BCHUSDTlong	−0.0062%	8h	265.03	long leg	$38.9M	$31.8M	75x
Binance BCHUSDT	−0.0050%	8h	265.13	+0.037%	$73.0M	$220.9M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BCH_USDT	−0.0049%	8h	265.49	+0.174%	$70.8M	$8.8M	200x	as long as short
Extended BCH-USD	−0.0048%	1h	264.98	−0.017%	$111K	$771K	25x	as long as short
BingX BCH-USDT	−0.0040%	8h	265.07	+0.015%	—	$32.9M	—	as long as short
GRVT BCH_USDT_Perp	−0.0031%	8h	264.25	−0.292%	$385K	$17K	10x	as long as short
Gate BCH_USDT	−0.0009%	8h	265.17	+0.053%	$8.4M	$13.8M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	264.47	−0.211%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	264.72	−0.118%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	264.88	−0.057%	$984K	$10.5M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	265.05	+0.008%	$441K	$336K	25x	as long as short
Nado BCH-PERP	+0.0007%	1h	264.52	−0.191%	$434K	$356K	10x	as long as short
Coinbase International BCH-PERP-INTX	+0.0008%	1h	265.10	+0.026%	$224K	$1.9M	50x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.951%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0046%	8h	264.92	−0.042%	$2K	$176	10x	as long as short
Aster BCHUSDT	+0.0052%	8h	265.04	+0.005%	$137K	$590K	75x	as long as short
SunX BCH-USDT	+0.0058%	8h	264.71	−0.121%	$2K	$1.7M	30x	as long as short
BloFin BCH-USDT	+0.0070%	8h	264.95	−0.030%	$3.9M	$4.5M	50x	as long as short
Lighter BCH	+0.0096%	1h	265.26	+0.088%	$353K	$495K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.39	+0.136%	$5.7M	$4.7M	10x	as long as short
Pacifica BCH	+0.0100%	1h	264.63	−0.149%	$159K	$312K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	264.42	−0.230%	$18K	$343K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	264.75	−0.106%	$95K	$239K	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	264.99	−0.015%	$12K	—	100x	as long as short