Funding you earn now, next payment 06:00 UTC−0.0102%/8h= −11.2% APRnext payment −$0.13 per $10,000 · paid last 24h −0.048%
Price spread now: Pacifica against GMX−0.043%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Pacifica is 0.043% cheaper against GMX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX BCH/USD [WBTC.b-USDC] | 265.43 | L +0.0202% / S −0.0147% | pay 0.0025% / 1h | 11m 51s | $12K | — | 100x |
| Short | Pacifica BCH | 265.31 | 0.0100 | get 0.0013% / 1h | 11m 51s | $159K | $309K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against GMX. 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
- −$21.43
- Price spread: −0.043% → 0.000%
- −$4.35
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$45.78
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Pacifica: live order book, 36 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 GMX no order-book sample | — | — | — | — | — |
| Sell Pacifica live order book, 36 min ago | 2.27 bp | 7.7 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
GMX: 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 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 | −0.0212% | 1h | 265.28 | −0.056% | $2K | $8K | 10x | as long as short |
| HTX BCH-USDT | −0.0204% | 8h | 265.29 | −0.052% | $773K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0186% | 8h | 265.29 | −0.052% | $5.0M | $6.6M | 50x | as long as short |
| Bitget BCHUSDT | −0.0098% | 8h | 265.28 | −0.056% | $19.0M | $28.6M | 75x | as long as short |
| KuCoin BCHUSDTM | −0.0089% | 8h | 265.47 | +0.016% | $8.5M | $6.8M | 75x | as long as short |
| Variational Omni BCH | −0.0070% | 8h | 264.21 | −0.460% | $81K | $196K | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0063% | 8h | 265.20 | −0.086% | $25.3M | $78.1M | 50x | as long as short |
| SunX BCH-USDT | −0.0050% | 8h | 265.14 | −0.108% | $1K | $1.7M | 30x | as long as short |
| MEXC BCH_USDT | −0.0042% | 8h | 265.71 | +0.106% | $70.8M | $8.4M | 200x | as long as short |
| Binance BCHUSDT | −0.0041% | 8h | 265.31 | −0.046% | $73.1M | $220.8M | 75x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado BCH-PERP | −0.0040% | 1h | 265.20 | −0.086% | $437K | $355K | 10x | as long as short |
| Extended BCH-USD | −0.0040% | 1h | 265.18 | −0.094% | $115K | $1.1M | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0040% | 1h | 265.26 | −0.063% | $220K | $1.9M | 50x | as long as short |
| Bybit BCHUSDT | −0.0021% | 8h | 265.30 | −0.048% | $39.0M | $31.8M | 75x | as long as short |
| BingX BCH-USDT | −0.0017% | 8h | 265.32 | −0.040% | — | $32.9M | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0011% | 8h | 264.56 | −0.327% | $386K | $17K | 10x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 265.43 | +0.002% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.44 | +0.004% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.54 | +0.042% | $985K | $10.5M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 265.42 | −0.002% | $442K | $333K | 25x | as long as short |
| Gate BCH_USDT | +0.0032% | 8h | 265.34 | −0.033% | $8.4M | $13.9M | 75x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.798% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0046% | 8h | 265.29 | −0.052% | $2K | $176 | 10x | as long as short |
| Aster BCHUSDT | +0.0068% | 8h | 265.30 | −0.046% | $154K | $564K | 75x | as long as short |
| BloFin BCH-USDT | +0.0077% | 8h | 265.22 | −0.078% | $4.0M | $4.5M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 265.37 | −0.022% | $354K | $497K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.56 | +0.050% | $5.7M | $4.7M | 10x | as long as short |
| Pacifica BCHshort | +0.0100% | 1h | 265.31 | −0.043% | $159K | $309K | 10x | |
| edgeX BCHUSDC | +0.0100% | 4h | 264.47 | −0.361% | $18K | $349K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 264.59 | −0.315% | $95K | $237K | 50x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0179% | 1h | 265.41 | −0.005% | $850K | $3.0M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC]long | L +0.0202% / S −0.0147% | 1h | 265.43 | long leg | $12K | — | 100x |
GMX BCH/USD [WBTC.b-USDC]
Pacifica BCH
SoDEX BCH-USD
HTX BCH-USDT
Phemex BCHUSDT
Bitget BCHUSDT
KuCoin BCHUSDTM
Variational Omni BCH
OKX BCH-USDT-SWAP
SunX BCH-USDT
MEXC BCH_USDT
Binance BCHUSDT
Extended BCH-USD
Coinbase International BCH-PERP-INTX
Bybit BCHUSDT
BingX BCH-USDT
GRVT BCH_USDT_Perp
gTrade (Gains Network) BCH/USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Gate BCH_USDT
Injective BCH/USDC PERP
Aster BCHUSDT
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
Kraken Futures PF_BCHUSD