Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.022%
Price spread now: Binance against Injective−0.229%97s7-day average −0.076% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.189%−$19 on $10k
+Price spread, last 3 days (all we have)+1.230%+$123 · spread now −0.229%, 7d avg −0.076%
=Funding pays, the price is against you. Binance is 0.154% cheaper against Injective than usual: you would sell low and buy high (spread −0.229% now, against its 7-day average of −0.076%). If the spread goes back, that is −$15 on $10k: about 5.1 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.189%, so the current rate has only just turned in your favour. The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective BCH/USDC PERP | 270.20 | −0.0154 | get 0.0019% / 1h | 27m 43s | $721 | $130K | 12x |
| Short | Binance BCHUSDT | 269.58 | −0.0055 | pay 0.0055% / 8h | 1h 27m | $75.0M | $233.5M | 75x |
Injective BCH/USDC PERP
Binance BCHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- $20.92
- Price spread: −0.229% → −0.076%
- −$15.36
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$4.46
- Costs to cover
- 0.100%
- Break-even
- 8.5 days
Slippage unknown: Injective: no order-book sample; Binance: live order book, 16 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 16 min ago | 0.18 bp | 5.7 bp −$6 | 13.9 bp −$139 | 44.1 bp −$4,413 | 131.4 bp −$65.7K |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.1037% | 1h | 270.05 | −0.057% | $458K | $265K | 25x | as long as short |
| Phemex BCHUSDT | −0.0195% | 8h | 270.07 | −0.048% | $4.9M | $6.4M | 50x | as long as short |
| Injective BCH/USDC PERPlong | −0.0154% | 1h | 270.20 | long leg | $721 | $130K | 12x | |
| SoDEX BCH-USD | −0.0116% | 1h | 269.88 | −0.118% | $2K | $6K | 10x | as long as short |
| Variational Omni BCH | −0.0094% | 8h | 270.22 | +0.006% | $86K | $291K | — | as long as short |
| Extended BCH-USD | −0.0056% | 1h | 269.48 | −0.265% | $116K | $653K | 25x | as long as short |
| MEXC BCH_USDT | −0.0056% | 8h | 269.79 | −0.152% | $70.7M | $6.5M | 200x | as long as short |
| Binance BCHUSDTshort | −0.0055% | 8h | 269.58 | −0.229% | $75.0M | $233.5M | 75x | |
| Bybit BCHUSDT | −0.0040% | 8h | 269.49 | −0.263% | $39.4M | $33.0M | 75x | as long as short |
| Gate BCH_USDT | −0.0004% | 8h | 269.66 | −0.200% | $8.4M | $14.8M | 75x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
SoDEX BCH-USD
Variational Omni BCH
Extended BCH-USD
MEXC BCH_USDT
Bybit BCHUSDT
Gate BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX BCH-USD | 0.0000% | 1h | 269.79 | −0.153% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 270.53 | +0.122% | $1.3M | $11.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 270.65 | +0.167% | $4K | — | 150x | as long as short |
| Bitget BCHUSDT | +0.0003% | 8h | 269.67 | −0.196% | $19.6M | $29.3M | 75x | as long as short |
| GRVT BCH_USDT_Perp | +0.0011% | 8h | 270.47 | +0.099% | $394K | $17K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 270.05 | −0.056% | $242K | $2.1M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0025% | 8h | 270.03 | −0.063% | $2K | $176 | 10x | as long as short |
| BloFin BCH-USDT | +0.0061% | 8h | 270.49 | +0.107% | $4.0M | $4.2M | 50x | as long as short |
| BingX BCH-USDC | +0.0066% | 8h | 269.63 | −0.211% | — | $6.5M | — | as long as short |
| OKX BCH-USDT-SWAP | +0.0072% | 8h | 269.50 | −0.259% | $26.4M | $77.9M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 269.65 | −0.202% | $377K | $584K | 10x | as long as short |
| Nado BCH-PERP | +0.0097% | 1h | 270.67 | +0.175% | $445K | $428K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.95 | −0.091% | $6.0M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 269.64 | −0.207% | $220K | $702K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 269.60 | −0.221% | $164K | $468K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 269.72 | −0.178% | $9.2M | $8.0M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 271.01 | +0.298% | $19K | $290K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 271.05 | +0.315% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 270.21 | +0.004% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 269.94 | −0.096% | $777K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0113% | 1h | 270.10 | −0.038% | $818K | $3.2M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0342% / S −0.0467% | 1h | 270.94 | +0.273% | $26K | — | 100x | as long as short |
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Bitget BCHUSDT
GRVT BCH_USDT_Perp
Coinbase International BCH-PERP-INTX
Orderly PERP_BCH_USDC
BloFin BCH-USDT
BingX BCH-USDC
OKX BCH-USDT-SWAP
Lighter BCH
Nado BCH-PERP
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]