Funding you earn now, next payment 22:00 UTC−0.0386%/8h= −42.3% APRpaid last 24h −0.083%
Price spread now: Deribit against HTX+0.045%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$550.555% of the position
Funding, last 7 days−0.289%−$29 on $10k
+Price spread, last 3 days (all we have)+0.013%+$1 · spread now +0.045%, 7d avg +0.036%
=The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX BCH-USDT | 268.30 | 0.0100 | pay 0.0100% / 8h | 2h 10m | $773K | $1.6M | 75x |
| Short | Deribit BCH_USDC-PERPETUAL | 268.42 | −0.0286 | pay 0.0036% / 1h | 10m 20s | $439K | $247K | 25x |
HTX BCH-USDT
Deribit BCH_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$81.1
- Price spread: +0.045% → +0.036%
- $0.92
- Slippage, 4 orders
- −$36.49
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$135.67
- Costs to cover
- 0.555%
- Break-even
- never at this rate
Slippage from HTX: live order book, 3 min ago; Deribit: live order book, 13 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, 3 min ago | 7.46 bp | 15.5 bp −$16 | 158.8 bp −$1,588 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 13 min ago | 4.01 bp | 7.5 bp −$8 | 17.7 bp −$177 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BCH/USDC PERP | −0.0304% | 1h | 268.50 | +0.075% | $716 | $110K | 12x | as long as short |
| Deribit BCH_USDC-PERPETUALshort | −0.0286% | 1h | 268.42 | +0.045% | $439K | $247K | 25x | |
| Phemex BCHUSDT | −0.0185% | 8h | 268.32 | +0.007% | $4.9M | $6.2M | 50x | as long as short |
| SoDEX BCH-USD | −0.0147% | 1h | 268.27 | −0.011% | $2K | $6K | 10x | as long as short |
| Extended BCH-USD | −0.0096% | 1h | 268.47 | +0.063% | $115K | $653K | 25x | as long as short |
| MEXC BCH_USDT | −0.0095% | 8h | 269.34 | +0.388% | $71.4M | $6.4M | 200x | as long as short |
| Binance BCHUSDT | −0.0094% | 8h | 268.72 | +0.157% | $74.1M | $229.3M | 75x | as long as short |
| Variational Omni BCH | −0.0070% | 8h | 268.14 | −0.058% | $85K | $291K | — | as long as short |
| Bitget BCHUSDT | −0.0037% | 8h | 268.65 | +0.130% | $19.9M | $29.0M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0024% | 1h | 268.45 | +0.056% | $241K | $2.1M | 50x | as long as short |
Injective BCH/USDC PERP
Phemex BCHUSDT
SoDEX BCH-USD
Extended BCH-USD
MEXC BCH_USDT
Binance BCHUSDT
Variational Omni BCH
Bitget BCHUSDT
Coinbase International BCH-PERP-INTXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BCH_USDT_Perp | −0.0020% | 8h | 268.20 | −0.039% | $391K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0018% | 8h | 268.78 | +0.179% | $8.4M | $14.4M | 75x | as long as short |
| Bybit BCHUSDT | −0.0002% | 8h | 268.52 | +0.082% | $39.4M | $32.1M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 268.79 | +0.184% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.57 | +0.101% | $1.1M | $11.3M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 268.86 | +0.209% | $4K | — | 150x | as long as short |
| BingX BCH-USDT | +0.0024% | 8h | 268.69 | +0.145% | — | $32.0M | — | as long as short |
| BloFin BCH-USDT | +0.0025% | 8h | 268.12 | −0.067% | $4.0M | $4.1M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0027% | 8h | 268.68 | +0.142% | $2K | $176 | 10x | as long as short |
| OKX BCH-USDT-SWAP | +0.0027% | 8h | 268.60 | +0.112% | $26.3M | $76.2M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0074% | 1h | 268.51 | +0.078% | $805K | $3.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 268.75 | +0.170% | $377K | $581K | 10x | as long as short |
| Nado BCH-PERP | +0.0100% | 1h | 268.57 | +0.102% | $440K | $425K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.04 | +0.276% | $6.0M | $4.1M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 268.56 | +0.097% | $236K | $660K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 268.69 | +0.146% | $170K | $460K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 268.76 | +0.171% | $8.9M | $7.9M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 268.49 | +0.070% | $19K | $290K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 268.55 | +0.093% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 268.19 | −0.041% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDTlong | +0.0100% | 8h | 268.30 | long leg | $773K | $1.6M | 75x | |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0373% / S −0.0574% | 1h | 268.86 | +0.208% | $26K | — | 100x | as long as short |
GRVT BCH_USDT_Perp
Gate BCH_USDT
Bybit BCHUSDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
BingX BCH-USDT
BloFin BCH-USDT
Orderly PERP_BCH_USDC
OKX BCH-USDT-SWAP
Kraken Futures PF_BCHUSD
Lighter BCH
Nado BCH-PERP
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]