Funding you earn now, next payment 00:00 UTC+0.0496%/8h= +54.3% APRpaid last 24h +0.087%
Price spread now: Aster against Deribit+0.078%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$350.354% of the position
Funding, last 7 days+0.296%+$30 on $10k
+Price spread, last 3 days (all we have)−0.038%−$4 · spread now +0.078%, 7d avg +0.007%
=Together, before fees+0.258%+ Points / potential airdropAster: Stage 5 · farm board+$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Aster is 0.071% dearer against Deribit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.007%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.296% in total (about 15.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BCH_USDC-PERPETUAL | 270.88 | −0.0396 | get 0.0049% / 1h | 48m 30s | $458K | $266K | 25x |
| Short | Aster BCHUSDT | 271.10 | 0.0100 | get 0.0100% / 8h | 48m 30s | $217K | $705K | 75x |
Deribit BCH_USDC-PERPETUAL
Aster BCHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Deribit. 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
- $104.08
- Price spread: +0.078% → +0.007%
- $7.15
- Slippage, 4 orders
- −$20.35
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $75.88
- Costs to cover
- 0.354%
- Break-even
- 1.9 days
Slippage from Deribit: live order book, 30 min ago; Aster: live order book, 29 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 Deribit live order book, 30 min ago | 4.49 bp | 8.2 bp −$8 | 13.3 bp −$133 | doesn't fit | doesn't fit |
| Sell Aster live order book, 29 min ago | 4.63 bp | 9.6 bp −$10 | 21.1 bp −$211 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUALlong | −0.0396% | 1h | 270.88 | long leg | $458K | $266K | 25x | |
| Phemex BCHUSDT | −0.0187% | 8h | 270.70 | −0.068% | $4.9M | $6.5M | 50x | as long as short |
| Variational Omni BCH | −0.0136% | 8h | 270.92 | +0.011% | $83K | $294K | — | as long as short |
| Kraken Futures PF_BCHUSD | −0.0124% | 1h | 271.04 | +0.058% | $821K | $3.2M | 50x | as long as short |
| SoDEX BCH-USD | −0.0084% | 1h | 270.76 | −0.046% | $2K | $6K | 10x | as long as short |
| Bybit BCHUSDT | −0.0077% | 8h | 270.70 | −0.068% | $39.6M | $33.2M | 75x | as long as short |
| Injective BCH/USDC PERP | −0.0054% | 1h | 270.20 | −0.253% | $721 | $130K | 12x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0032% | 1h | 270.91 | +0.009% | $240K | $2.1M | 50x | as long as short |
| Binance BCHUSDT | −0.0027% | 8h | 270.84 | −0.017% | $75.5M | $235.1M | 75x | as long as short |
| MEXC BCH_USDT | −0.0027% | 8h | 271.56 | +0.249% | $71.2M | $6.6M | 200x | as long as short |
Phemex BCHUSDT
Variational Omni BCH
Kraken Futures PF_BCHUSD
SoDEX BCH-USD
Bybit BCHUSDT
Injective BCH/USDC PERP
Coinbase International BCH-PERP-INTX
Binance BCHUSDT
MEXC BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0024% | 1h | 270.70 | −0.068% | $117K | $653K | 25x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 271.16 | +0.102% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 271.15 | +0.098% | $1.3M | $11.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 271.05 | +0.062% | $5K | — | 150x | as long as short |
| Gate BCH_USDT | +0.0013% | 8h | 270.85 | −0.013% | $8.4M | $14.4M | 75x | as long as short |
| Orderly PERP_BCH_USDC | +0.0025% | 8h | 270.78 | −0.039% | $2K | $176 | 10x | as long as short |
| GRVT BCH_USDT_Perp | +0.0030% | 8h | 271.04 | +0.057% | $395K | $17K | 10x | as long as short |
| Bitget BCHUSDT | +0.0037% | 8h | 270.95 | +0.024% | $19.6M | $29.6M | 75x | as long as short |
| ApeX Omni BCHUSDT | +0.0051% | 1h | 271.04 | +0.057% | $73K | $214K | 50x | as long as short |
| OKX BCH-USDT-SWAP | +0.0054% | 8h | 270.70 | −0.068% | $26.6M | $79.3M | 50x | as long as short |
| BingX BCH-USDC | +0.0059% | 8h | 270.94 | +0.020% | — | $6.5M | — | as long as short |
| BloFin BCH-USDT | +0.0093% | 8h | 270.82 | −0.024% | $4.0M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 270.99 | +0.037% | $375K | $554K | 10x | as long as short |
| Nado BCH-PERP | +0.0100% | 1h | 270.69 | −0.074% | $441K | $430K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 271.39 | +0.186% | $6.1M | $4.2M | 10x | as long as short |
| Aster BCHUSDTshort | +0.0100% | 8h | 271.10 | +0.078% | $217K | $705K | 75x | |
| Pacifica BCH | +0.0100% | 1h | 271.01 | +0.046% | $165K | $467K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 271.08 | +0.072% | $9.3M | $7.9M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 270.96 | +0.028% | $19K | $290K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 270.73 | −0.057% | $1K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 270.71 | −0.065% | $778K | $1.7M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0335% / S −0.0340% | 1h | 271.07 | +0.068% | $27K | — | 100x | as long as short |
Extended BCH-USD
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Gate BCH_USDT
Orderly PERP_BCH_USDC
GRVT BCH_USDT_Perp
Bitget BCHUSDT
ApeX Omni BCHUSDT
OKX BCH-USDT-SWAP
BingX BCH-USDC
BloFin BCH-USDT
Lighter BCH
Nado BCH-PERP
Hyperliquid BCH
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]