Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.2% APRpaid last 24h +0.041%
Price spread now: BloFin against Coinbase International+0.101%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$500.499% of the position
Funding, last 7 days+0.213%+$21 on $10k
+Price spread, last 3 days (all we have)−0.041%−$4 · spread now +0.101%, 7d avg −0.039%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.140% dearer against Coinbase International than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International BCH-PERP-INTX | 268.58 | −0.0056 | get 0.0007% / 1h | 30m 52s | $227K | $2.1M | 50x |
| Short | BloFin BCH-USDT | 268.85 | 0.0064 | get 0.0064% / 8h | 7h 30m | $3.9M | $4.3M | 50x |
Coinbase International BCH-PERP-INTX
BloFin BCH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Coinbase International. 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
- $25.27
- Price spread: +0.101% → −0.039%
- $13.96
- Slippage, 4 orders
- −$27.92
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$10.69
- Costs to cover
- 0.499%
- Break-even
- 10.0 days
Slippage from Coinbase International: live order book, 3 min ago; BloFin: 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 Coinbase International live order book, 3 min ago | 4.08 bp | 11.8 bp −$12 | 16.2 bp −$162 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 2.60 bp | 13.6 bp −$14 | 22.8 bp −$228 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex BCHUSDT | −0.0745% | 8h | 268.90 | +0.119% | $4.9M | $6.5M | 50x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0559% | 1h | 269.15 | +0.211% | $455K | $266K | 25x | as long as short |
| SoDEX BCH-USD | −0.0521% | 1h | 268.95 | +0.138% | $2K | $6K | 10x | as long as short |
| GRVT BCH_USDT_Perp | −0.0180% | 8h | 268.67 | +0.033% | $391K | $17K | 10x | as long as short |
| Variational Omni BCH | −0.0127% | 8h | 269.01 | +0.159% | $82K | $285K | — | as long as short |
| HTX BCH-USDT | −0.0113% | 8h | 269.08 | +0.186% | $782K | $1.6M | 75x | as long as short |
| ApeX Omni BCHUSDT | −0.0107% | 1h | 269.29 | +0.264% | $73K | $214K | 50x | as long as short |
| Gate BCH_USDT | −0.0098% | 8h | 268.99 | +0.153% | $8.5M | $14.2M | 75x | as long as short |
| Extended BCH-USD | −0.0056% | 1h | 268.79 | +0.079% | $117K | $1.1M | 25x | as long as short |
| Coinbase International BCH-PERP-INTXlong | −0.0056% | 1h | 268.58 | long leg | $227K | $2.1M | 50x |
Phemex BCHUSDT
Deribit BCH_USDC-PERPETUAL
SoDEX BCH-USD
GRVT BCH_USDT_Perp
Variational Omni BCH
HTX BCH-USDT
ApeX Omni BCHUSDT
Gate BCH_USDT
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0056% | 8h | 268.82 | +0.089% | $72.9M | $230.2M | 75x | as long as short |
| MEXC BCH_USDT | −0.0054% | 8h | 269.33 | +0.279% | $70.6M | $6.6M | 200x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 269.17 | +0.219% | $858K | $3.1M | 50x | as long as short |
| Bybit BCHUSDT | −0.0035% | 8h | 268.84 | +0.097% | $39.8M | $32.6M | 75x | as long as short |
| Bitget BCHUSDT | −0.0010% | 8h | 268.81 | +0.086% | $19.3M | $29.3M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 269.30 | +0.269% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 269.47 | +0.331% | $1.1M | $10.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 269.35 | +0.286% | $4K | — | 150x | as long as short |
| Nado BCH-PERP | +0.0006% | 1h | 269.00 | +0.155% | $441K | $420K | 10x | as long as short |
| OKX BCH-USDT-SWAP | +0.0020% | 8h | 268.70 | +0.045% | $26.1M | $77.0M | 50x | as long as short |
| BingX BCH-USDT | +0.0024% | 8h | 268.90 | +0.119% | — | $31.2M | — | as long as short |
| Orderly PERP_BCH_USDC | +0.0030% | 8h | 269.05 | +0.175% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.603% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDTshort | +0.0064% | 8h | 268.85 | +0.101% | $3.9M | $4.3M | 50x | |
| Lighter BCH | +0.0096% | 1h | 269.04 | +0.170% | $370K | $530K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.25 | +0.249% | $6.0M | $4.4M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 269.05 | +0.175% | $178K | $666K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 269.19 | +0.228% | $164K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 268.93 | +0.130% | $9.0M | $7.6M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 268.60 | +0.008% | $19K | $291K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 269.02 | +0.164% | $2K | $1.9M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0334% / S −0.0451% | 1h | 269.30 | +0.268% | $25K | — | 100x | as long as short |
Binance BCHUSDT
MEXC BCH_USDT
Kraken Futures PF_BCHUSD
Bybit BCHUSDT
Bitget BCHUSDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Nado BCH-PERP
OKX BCH-USDT-SWAP
BingX BCH-USDT
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]