Funding you earn now, next payment 01:00 UTC+0.0145%/8h= +15.9% APRnext payment +$0.18 per $10,000 · paid last 24h −0.010%
Price spread now: Injective against Coinbase International+2.093%64s7-day average +0.071% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.158%+$16 on $10k
+Price spread, last 3 days (all we have)−3.283%−$328 · spread now +2.093%, 7d avg +0.071%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Injective is 2.022% dearer against Coinbase International than usual: you sell high and buy low: +$202 more if the spread goes back to its 7-day average of +0.071%. The two prices were read 64 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 | Coinbase International BCH-PERP-INTX | 264.66 | −0.0112 | get 0.0014% / 1h | 4m 13s | $231K | $1.8M | 50x |
| Short | Injective BCH/USDC PERP | 270.20 | 0.0033 | get 0.0004% / 1h | 4m 13s | $721 | $130K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $30.52
- Price spread: +2.093% → +0.071%
- $202.21
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $222.71
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 4 min ago; Injective: no order-book sample. Net counts fees only.
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, 4 min ago | 5.10 bp | 15.4 bp −$15 | 22.2 bp −$222 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BCH on 31 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 | −0.1508% | 8h | 265.34 | +0.257% | $2K | $1.7M | 30x | as long as short |
| SoDEX BCH-USD | −0.0511% | 1h | 265.26 | +0.227% | $2K | $8K | 10x | as long as short |
| Phemex BCHUSDT | −0.0470% | 8h | 265.32 | +0.249% | $4.9M | $6.6M | 50x | as long as short |
| HTX BCH-USDT | −0.0466% | 8h | 265.08 | +0.159% | $776K | $1.5M | 75x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0341% | 1h | 265.44 | +0.295% | $449K | $254K | 25x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0299% | 1h | 265.59 | +0.351% | $852K | $3.0M | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0207% | 8h | 264.26 | −0.151% | $385K | $17K | 10x | as long as short |
| ApeX Omni BCHUSDT | −0.0137% | 1h | 264.82 | +0.060% | $96K | $226K | 50x | as long as short |
| Gate BCH_USDT | −0.0115% | 8h | 265.44 | +0.295% | $8.4M | $13.6M | 75x | as long as short |
| Variational Omni BCH | −0.0114% | 8h | 264.50 | −0.059% | $81K | $201K | — | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0112% | 1h | 265.19 | +0.201% | $112K | $957K | 25x | as long as short |
| Coinbase International BCH-PERP-INTXlong | −0.0112% | 1h | 264.66 | long leg | $231K | $1.8M | 50x | |
| Binance BCHUSDT | −0.0110% | 8h | 265.40 | +0.279% | $71.8M | $218.4M | 75x | as long as short |
| MEXC BCH_USDT | −0.0109% | 8h | 265.72 | +0.401% | $70.1M | $7.1M | 200x | as long as short |
| Nado BCH-PERP | −0.0085% | 1h | 265.37 | +0.269% | $419K | $347K | 10x | as long as short |
| OKX BCH-USDT-SWAP | −0.0057% | 8h | 265.30 | +0.242% | $25.3M | $74.6M | 50x | as long as short |
| Bybit BCHUSDT | −0.0056% | 8h | 265.41 | +0.283% | $39.2M | $31.6M | 75x | as long as short |
| Bitget BCHUSDT | −0.0050% | 8h | 265.35 | +0.261% | $19.0M | $28.4M | 75x | as long as short |
| BingX BCH-USDT | −0.0038% | 8h | 265.38 | +0.272% | — | $32.3M | — | as long as short |
| KuCoin BCHUSDTM | −0.0006% | 8h | 265.29 | +0.238% | $8.6M | $7.4M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.20 | +0.203% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.39 | +0.276% | $1.1M | $10.2M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 265.64 | +0.371% | $4K | — | 150x | as long as short |
| Injective BCH/USDC PERPshort | +0.0033% | 1h | 270.20 | +2.093% | $721 | $130K | 12x | |
| Orderly PERP_BCH_USDC | +0.0035% | 8h | 265.34 | +0.257% | $2K | $176 | 10x | as long as short |
| Pacifica BCH | +0.0040% | 1h | 265.21 | +0.209% | $161K | $379K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 265.38 | +0.274% | $365K | $478K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.64 | +0.370% | $5.7M | $4.7M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 265.51 | +0.320% | $168K | $697K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 264.65 | −0.002% | $19K | $292K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0333% / S −0.0451% | 1h | 265.58 | +0.347% | $25K | — | 100x | as long as short |
Coinbase International BCH-PERP-INTX
Injective BCH/USDC PERP
SunX BCH-USDT
SoDEX BCH-USD
Phemex BCHUSDT
HTX BCH-USDT
Deribit BCH_USDC-PERPETUAL
Kraken Futures PF_BCHUSD
GRVT BCH_USDT_Perp
ApeX Omni BCHUSDT
Gate BCH_USDT
Variational Omni BCH
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
OKX BCH-USDT-SWAP
Bybit BCHUSDT
Bitget BCHUSDT
BingX BCH-USDT
KuCoin BCHUSDTM
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Pacifica BCH
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]