Funding you earn now, next payment 08:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.94 per $10,000 · paid last 24h −0.007%
Price spread now: BingX against HTX−0.093%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$650.652% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 3 days (all we have)+0.140%+$14 · spread now −0.093%, 7d avg +0.016%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BingX is 0.109% cheaper against HTX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.016%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX BCH-USDT | 269.59 | 0.0099 | pay 0.0099% / 8h | 7h 07m | $783K | $1.6M | 75x |
| Short | BingX BCH-USDT | 269.34 | 0.0005 | get 0.0005% / 8h | 7h 07m | — | $32.3M | — |
HTX BCH-USDT
BingX BCH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against HTX. 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
- −$19.81
- Price spread: −0.093% → +0.016%
- −$10.92
- Slippage, 4 orders
- −$43.17
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$95.9
- Costs to cover
- 0.652%
- Break-even
- never at this rate
Slippage from HTX: live order book, 6 min ago; BingX: live order book, 16 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 HTX live order book, 6 min ago | 9.27 bp | 16.4 bp −$16 | 137.6 bp −$1,376 | doesn't fit | doesn't fit |
| Sell BingX live order book, 16 min ago | 0.56 bp | 5.6 bp −$6 | 6.8 bp −$68 | 12.4 bp −$1,245 | 24.2 bp −$12.1K |
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-PERPETUAL | −0.0651% | 1h | 269.31 | −0.102% | $455K | $266K | 25x | as long as short |
| Phemex BCHUSDT | −0.0554% | 8h | 269.21 | −0.141% | $5.0M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0540% | 1h | 269.24 | −0.130% | $2K | $6K | 10x | as long as short |
| ApeX Omni BCHUSDT | −0.0198% | 1h | 269.47 | −0.045% | $73K | $214K | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0169% | 8h | 269.62 | +0.010% | $393K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0168% | 8h | 269.37 | −0.082% | $8.5M | $14.3M | 75x | as long as short |
| Variational Omni BCH | −0.0126% | 8h | 269.21 | −0.143% | $83K | $285K | — | as long as short |
| Binance BCHUSDT | −0.0073% | 8h | 269.25 | −0.126% | $72.9M | $229.4M | 75x | as long as short |
| Extended BCH-USD | −0.0072% | 1h | 269.26 | −0.123% | $117K | $961K | 25x | as long as short |
| MEXC BCH_USDT | −0.0071% | 8h | 269.71 | +0.045% | $70.7M | $6.7M | 200x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
SoDEX BCH-USD
ApeX Omni BCHUSDT
GRVT BCH_USDT_Perp
Gate BCH_USDT
Variational Omni BCH
Binance BCHUSDT
Extended BCH-USD
MEXC BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 269.44 | −0.056% | $231K | $2.0M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 269.56 | −0.012% | $858K | $3.1M | 50x | as long as short |
| Bybit BCHUSDT | −0.0034% | 8h | 269.33 | −0.096% | $39.8M | $32.5M | 75x | as long as short |
| Bitget BCHUSDT | −0.0026% | 8h | 269.30 | −0.108% | $19.3M | $29.2M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0007% | 8h | 269.20 | −0.145% | $26.2M | $76.3M | 50x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0003% / S +0.0007% | 1h | 269.54 | −0.017% | $7K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 269.62 | +0.010% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 269.74 | +0.056% | $1.1M | $10.8M | 2.7x | as long as short |
| BingX BCH-USDTshort | +0.0005% | 8h | 269.34 | −0.093% | — | $32.3M | — | |
| Orderly PERP_BCH_USDC | +0.0029% | 8h | 269.21 | −0.141% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.226% | $721 | $130K | 12x | as long as short |
| Nado BCH-PERP | +0.0041% | 1h | 269.09 | −0.185% | $436K | $419K | 10x | as long as short |
| BloFin BCH-USDT | +0.0049% | 8h | 269.55 | −0.015% | $4.0M | $4.3M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 269.37 | −0.082% | $371K | $530K | 10x | as long as short |
| HTX BCH-USDTlong | +0.0099% | 8h | 269.59 | long leg | $783K | $1.6M | 75x | |
| Hyperliquid BCH | +0.0100% | 1h | 269.64 | +0.019% | $6.6M | $4.6M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 269.22 | −0.136% | $177K | $658K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 269.36 | −0.085% | $164K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 269.27 | −0.119% | $8.8M | $7.6M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 269.34 | −0.094% | $19K | $290K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 269.01 | −0.215% | $2K | $1.9M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0335% / S −0.0451% | 1h | 269.43 | −0.059% | $25K | — | 100x | as long as short |
Coinbase International BCH-PERP-INTX
Kraken Futures PF_BCHUSD
Bybit BCHUSDT
Bitget BCHUSDT
OKX BCH-USDT-SWAP
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
Nado BCH-PERP
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]