Funding you earn now, next payment 05:00 UTC−0.0030%/8h= −3.3% APRpaid last 24h −0.009%
Price spread now: Variational Omni against Coinbase International−0.315%7-day average −0.062% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)+0.324%+$32 · spread now −0.315%, 7d avg −0.062%
=Together, before fees+0.291%+ Points / potential airdropVariational Omni: Active · farm board+$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.253% cheaper against Coinbase International than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.062%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International BCH-PERP-INTX | 265.04 | −0.0040 | get 0.0005% / 1h | 14m 07s | $217K | $1.9M | 50x |
| Short | Variational Omni BCH | 264.21 | −0.0070 | pay 0.0070% / 8h | 2h 14m | $81K | $196K | — |
Coinbase International BCH-PERP-INTX
Variational Omni BCHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$6.31
- Price spread: −0.315% → −0.062%
- −$25.27
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$41.59
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 5 min ago; Variational Omni: RFQ quote, 35 min ago. 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, 5 min ago | 5.10 bp | 12.8 bp −$13 | 17.2 bp −$172 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 35 min ago | 6.05 bp | doesn't fit | 29.1 bp −$291 | 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 | −0.0210% | 1h | 265.09 | +0.019% | $2K | $8K | 10x | as long as short |
| HTX BCH-USDT | −0.0209% | 8h | 265.05 | +0.004% | $774K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0181% | 8h | 265.14 | +0.038% | $5.0M | $6.6M | 50x | as long as short |
| Bitget BCHUSDT | −0.0100% | 8h | 265.45 | +0.155% | $19.0M | $28.4M | 75x | as long as short |
| KuCoin BCHUSDTM | −0.0088% | 8h | 265.46 | +0.158% | $8.5M | $6.8M | 75x | as long as short |
| Variational Omni BCHshort | −0.0070% | 8h | 264.21 | −0.315% | $81K | $196K | — | |
| OKX BCH-USDT-SWAP | −0.0065% | 8h | 265.30 | +0.098% | $25.2M | $78.1M | 50x | as long as short |
| SunX BCH-USDT | −0.0056% | 8h | 264.75 | −0.109% | $1K | $1.7M | 30x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 265.00 | −0.016% | $115K | $1.1M | 25x | as long as short |
| Binance BCHUSDT | −0.0044% | 8h | 265.36 | +0.121% | $73.2M | $220.4M | 75x | as long as short |
SoDEX BCH-USD
HTX BCH-USDT
Phemex BCHUSDT
Bitget BCHUSDT
KuCoin BCHUSDTM
OKX BCH-USDT-SWAP
SunX BCH-USDT
Extended BCH-USD
Binance BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0044% | 8h | 265.76 | +0.272% | $70.8M | $8.4M | 200x | as long as short |
| Nado BCH-PERP | −0.0042% | 1h | 264.86 | −0.067% | $434K | $354K | 10x | as long as short |
| Coinbase International BCH-PERP-INTXlong | −0.0040% | 1h | 265.04 | long leg | $217K | $1.9M | 50x | |
| BingX BCH-USDC | −0.0024% | 8h | 265.21 | +0.064% | — | $6.5M | — | as long as short |
| Bybit BCHUSDT | −0.0021% | 8h | 265.39 | +0.132% | $39.0M | $31.8M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0013% | 8h | 264.61 | −0.161% | $386K | $17K | 10x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 265.13 | +0.035% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 264.95 | −0.032% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.02 | −0.008% | $987K | $10.5M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 265.23 | +0.073% | $441K | $333K | 25x | as long as short |
| Gate BCH_USDT | +0.0032% | 8h | 265.47 | +0.162% | $8.4M | $13.9M | 75x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.947% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0046% | 8h | 265.00 | −0.015% | $2K | $176 | 10x | as long as short |
| Aster BCHUSDT | +0.0067% | 8h | 265.08 | +0.014% | $153K | $556K | 75x | as long as short |
| BloFin BCH-USDT | +0.0076% | 8h | 264.45 | −0.223% | $3.9M | $4.5M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 265.15 | +0.040% | $354K | $497K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.54 | +0.189% | $5.7M | $4.7M | 10x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 264.82 | −0.082% | $159K | $309K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 264.33 | −0.266% | $18K | $349K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 264.57 | −0.177% | $95K | $237K | 50x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0179% | 1h | 265.24 | +0.077% | $850K | $3.0M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0202% / S −0.0147% | 1h | 265.14 | +0.038% | $12K | — | 100x | as long as short |
MEXC BCH_USDT
Nado BCH-PERP
BingX BCH-USDC
Bybit BCHUSDT
GRVT BCH_USDT_Perp
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Gate BCH_USDT
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
Aster BCHUSDT
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]