Funding you earn now, next payment 08:00 UTC−0.0148%/8h= −16.2% APRnext payment −$1.48 per $10,000 · paid last 24h −0.022%
Price spread now: Bybit against HTX−0.163%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$750.746% of the position
Funding, last 7 days−0.132%−$13 on $10k
+Price spread, last 3 days (all we have)+0.202%+$20 · spread now −0.163%, 7d avg −0.008%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.156% cheaper against HTX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.008%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX BCH-USDT | 269.74 | 0.0100 | pay 0.0100% / 8h | 7h 08m | $783K | $1.6M | 75x |
| Short | Bybit BCHUSDT | 269.30 | −0.0048 | pay 0.0048% / 8h | 7h 08m | $39.8M | $32.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$31.06
- Price spread: −0.163% → −0.008%
- −$15.55
- Slippage, 4 orders
- −$51.63
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$121.24
- Costs to cover
- 0.746%
- Break-even
- never at this rate
Slippage from HTX: live order book, 5 min ago; Bybit: live order book, 5 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, 5 min ago | 9.27 bp | 16.4 bp −$16 | 137.6 bp −$1,376 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 1.85 bp | 9.8 bp −$10 | 20.3 bp −$203 | 74.7 bp −$7,467 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex BCHUSDT | −0.0591% | 8h | 269.61 | −0.048% | $5.0M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0536% | 1h | 269.56 | −0.067% | $2K | $6K | 10x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0483% | 1h | 269.80 | +0.020% | $456K | $266K | 25x | as long as short |
| ApeX Omni BCHUSDT | −0.0198% | 1h | 269.47 | −0.100% | $73K | $214K | 50x | as long as short |
| Gate BCH_USDT | −0.0180% | 8h | 269.32 | −0.156% | $8.5M | $14.3M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0169% | 8h | 269.62 | −0.045% | $393K | $17K | 10x | as long as short |
| Variational Omni BCH | −0.0126% | 8h | 269.21 | −0.198% | $83K | $285K | — | as long as short |
| Extended BCH-USD | −0.0072% | 1h | 269.09 | −0.241% | $117K | $961K | 25x | as long as short |
| Binance BCHUSDT | −0.0072% | 8h | 269.18 | −0.208% | $72.9M | $229.3M | 75x | as long as short |
| MEXC BCH_USDT | −0.0071% | 8h | 269.72 | −0.007% | $70.7M | $6.7M | 200x | as long as short |
Show 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 | −0.111% | $231K | $2.0M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 269.92 | +0.066% | $860K | $3.1M | 50x | as long as short |
| Bybit BCHUSDTshort | −0.0048% | 8h | 269.30 | −0.163% | $39.8M | $32.5M | 75x | |
| Bitget BCHUSDT | −0.0025% | 8h | 269.15 | −0.219% | $19.3M | $29.2M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0007% | 8h | 269.10 | −0.237% | $26.2M | $76.3M | 50x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0003% / S +0.0007% | 1h | 269.94 | +0.074% | $7K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 269.62 | −0.046% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 270.02 | +0.104% | $1.1M | $10.9M | 2.7x | as long as short |
| BingX BCH-USDT | +0.0005% | 8h | 269.25 | −0.182% | — | $32.3M | — | as long as short |
| Orderly PERP_BCH_USDC | +0.0029% | 8h | 269.71 | −0.011% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.171% | $721 | $130K | 12x | as long as short |
| Nado BCH-PERP | +0.0041% | 1h | 269.09 | −0.240% | $436K | $419K | 10x | as long as short |
| BloFin BCH-USDT | +0.0049% | 8h | 269.55 | −0.070% | $4.0M | $4.3M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 269.41 | −0.123% | $371K | $530K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.63 | −0.041% | $6.6M | $4.6M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 269.48 | −0.097% | $177K | $658K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 269.39 | −0.130% | $164K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 269.53 | −0.078% | $8.8M | $7.6M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 269.34 | −0.149% | $19K | $290K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 269.52 | −0.082% | $2K | $1.9M | 30x | as long as short |
| HTX BCH-USDTlong | +0.0100% | 8h | 269.74 | long leg | $783K | $1.6M | 75x | |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0335% / S −0.0451% | 1h | 269.90 | +0.058% | $25K | — | 100x | as long as short |
HTX BCH-USDT
Bybit BCHUSDT
Phemex BCHUSDT
SoDEX BCH-USD
Deribit BCH_USDC-PERPETUAL
ApeX Omni BCHUSDT
Gate BCH_USDT
GRVT BCH_USDT_Perp
Variational Omni BCH
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
Coinbase International BCH-PERP-INTX
Kraken Futures PF_BCHUSD
Bitget BCHUSDT
OKX BCH-USDT-SWAP
gTrade (Gains Network) BCH/USD
Kalshi KXBCHPERP
BingX BCH-USDT
Injective BCH/USDC 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]