Funding you earn now, next payment 08:00 UTC−0.0057%/8h= −6.2% APRnext payment −$0.57 per $10,000 · paid last 24h −0.005%
Price spread now: MEXC against Gate+0.099%7-day average +0.186% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$380.381% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 7 days+0.068%+$7 · spread now +0.099%, 7d avg +0.186%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.087% cheaper against Gate than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.186%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BCH_USDT | 263.12 | 0.0006 | pay 0.0006% / 8h | 2h 33m | $8.3M | $13.7M | 75x |
| Short | MEXC BCH_USDT | 263.38 | −0.0051 | pay 0.0051% / 8h | 2h 33m | $69.6M | $8.0M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Gate. 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
- −$11.97
- Price spread: +0.099% → +0.186%
- −$8.72
- Slippage, 4 orders
- −$19.15
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$58.84
- Costs to cover
- 0.381%
- Break-even
- never at this rate
Slippage from Gate: live order book, just now; MEXC: 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 Gate live order book, just now | 0.19 bp | 11.9 bp −$12 | 17.4 bp −$174 | 34.8 bp −$3,480 | 50.2 bp −$25.1K |
| Sell MEXC live order book, 1 min ago | 3.42 bp | 6.0 bp −$6 | 15.5 bp −$155 | 49.4 bp −$4,943 | 106.3 bp −$53.2K |
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 | −0.0250% | 1h | 262.91 | −0.080% | $2K | $8K | 10x | as long as short |
| HTX BCH-USDT | −0.0234% | 8h | 262.90 | −0.084% | $768K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0183% | 8h | 262.98 | −0.053% | $4.9M | $6.5M | 50x | as long as short |
| Bitget BCHUSDT | −0.0114% | 8h | 262.87 | −0.095% | $18.7M | $28.4M | 75x | as long as short |
| KuCoin BCHUSDTM | −0.0103% | 8h | 262.86 | −0.099% | $8.4M | $6.8M | 75x | as long as short |
| SunX BCH-USDT | −0.0099% | 8h | 262.79 | −0.125% | $2K | $1.7M | 30x | as long as short |
| Nado BCH-PERP | −0.0098% | 1h | 262.95 | −0.065% | $429K | $350K | 10x | as long as short |
| OKX BCH-USDT-SWAP | −0.0081% | 8h | 262.90 | −0.084% | $25.0M | $76.5M | 50x | as long as short |
| Variational Omni BCH | −0.0071% | 8h | 263.91 | +0.300% | $81K | $196K | — | as long as short |
| Extended BCH-USD | −0.0056% | 1h | 262.79 | −0.127% | $111K | $1.1M | 25x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0053% | 8h | 262.97 | −0.057% | $72.7M | $219.4M | 75x | as long as short |
| MEXC BCH_USDTshort | −0.0051% | 8h | 263.38 | +0.099% | $69.6M | $8.0M | 200x | |
| Coinbase International BCH-PERP-INTX | −0.0040% | 1h | 263.98 | +0.327% | $219K | $1.8M | 50x | as long as short |
| Bybit BCHUSDT | −0.0029% | 8h | 263.00 | −0.046% | $38.7M | $31.5M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0023% | 8h | 264.12 | +0.380% | $385K | $17K | 10x | as long as short |
| BingX BCH-USDC | −0.0018% | 8h | 263.08 | −0.015% | — | $6.5M | — | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0012% | 1h | 263.09 | −0.012% | $438K | $333K | 25x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 263.03 | −0.033% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 263.00 | −0.047% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 263.25 | +0.049% | $984K | $10.4M | 2.7x | as long as short |
| Gate BCH_USDTlong | +0.0006% | 8h | 263.12 | long leg | $8.3M | $13.7M | 75x | |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.691% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0046% | 8h | 262.96 | −0.061% | $2K | $176 | 10x | as long as short |
| BloFin BCH-USDT | +0.0067% | 8h | 263.01 | −0.042% | $3.9M | $4.4M | 50x | as long as short |
| Aster BCHUSDT | +0.0068% | 8h | 263.14 | +0.008% | $153K | $557K | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 263.01 | −0.041% | $352K | $495K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 263.17 | +0.019% | $5.6M | $4.6M | 10x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 262.89 | −0.086% | $158K | $306K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 264.62 | +0.571% | $18K | $331K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 264.93 | +0.688% | $96K | $235K | 50x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0181% | 1h | 263.12 | −0.001% | $841K | $3.0M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0202% / S −0.0147% | 1h | 263.07 | −0.019% | $12K | — | 100x | as long as short |
Gate BCH_USDT
MEXC BCH_USDT
SoDEX BCH-USD
HTX BCH-USDT
Phemex BCHUSDT
Bitget BCHUSDT
KuCoin BCHUSDTM
SunX BCH-USDT
OKX BCH-USDT-SWAP
Variational Omni BCH
Extended BCH-USD
Binance BCHUSDT
Coinbase International BCH-PERP-INTX
Bybit BCHUSDT
GRVT BCH_USDT_Perp
BingX BCH-USDC
Deribit BCH_USDC-PERPETUAL
gTrade (Gains Network) BCH/USD
Kalshi KXBCHPERP
Injective BCH/USDC PERP
BloFin BCH-USDT
Aster BCHUSDT
Lighter BCH
Hyperliquid BCH
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]