BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0137%/8h= −15.0% APRnext payment −$0.17 per $10,000 · paid last 24h +0.007%

Price spread now: Coinbase International against Injective−1.817%7-day average −0.118% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.162%−$16 on $10k

Price spread, last 4 days (all we have)+2.153%+$215 · spread now −1.817%, 7d avg −0.118%

Together, before fees+1.991%+$199 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Coinbase International is 1.699% cheaper against Injective than usual: you would sell low and buy high (−$170 if the spread goes back to its 7-day average of −0.118%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective BCH/USDC PERP	270.20	0.0033	pay 0.0004% / 1h	22m 24s	$721	$130K	12x
Short	Coinbase International BCH-PERP-INTX	265.29	−0.0104	pay 0.0013% / 1h	22m 24s	$219K	$1.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee Coinbase InternationalbpOrdersPrice spread, now −1.817%Rate

Funding earned: −$28.84
Price spread: −1.817% → −0.118%: −$169.88
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$208.74
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Coinbase International: live order book, 1 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 Coinbase International live order book, 1 min ago	5.29 bp	14.1 bp −$14	20.0 bp −$200	doesn't fit	doesn't fit

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
SunX BCH-USDT	−0.0520%	8h	264.47	−2.121%	$1K	$1.7M	30x	as long as short
Phemex BCHUSDT	−0.0278%	8h	264.62	−2.065%	$4.9M	$6.4M	50x	as long as short
HTX BCH-USDT	−0.0258%	8h	264.42	−2.139%	$771K	$1.4M	75x	as long as short
Nado BCH-PERP	−0.0255%	1h	264.57	−2.083%	$431K	$342K	10x	as long as short
SoDEX BCH-USD	−0.0198%	1h	264.68	−2.043%	$2K	$8K	10x	as long as short
Coinbase International BCH-PERP-INTXshort	−0.0104%	1h	265.29	−1.817%	$219K	$1.8M	50x
OKX BCH-USDT-SWAP	−0.0094%	8h	264.60	−2.073%	$24.9M	$74.6M	50x	as long as short
MEXC BCH_USDT	−0.0089%	8h	265.02	−1.917%	$70.2M	$7.8M	200x	as long as short
KuCoin BCHUSDTM	−0.0089%	8h	264.83	−1.987%	$8.5M	$7.0M	75x	as long as short
Extended BCH-USD	−0.0088%	1h	264.56	−2.088%	$115K	$950K	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BCHUSDT	−0.0088%	8h	264.63	−2.062%	$72.0M	$214.1M	75x	as long as short
Variational Omni BCH	−0.0078%	8h	265.10	−1.887%	$81K	$201K	—	as long as short
Gate BCH_USDT	−0.0077%	8h	264.71	−2.032%	$8.3M	$13.6M	75x	as long as short
GRVT BCH_USDT_Perp	−0.0076%	8h	265.47	−1.751%	$387K	$17K	10x	as long as short
Bitget BCHUSDT	−0.0073%	8h	264.60	−2.073%	$19.0M	$28.1M	75x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0041%	1h	264.71	−2.031%	$443K	$331K	25x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	264.70	−2.036%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	264.75	−2.018%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	264.89	−1.965%	$1.0M	$10.3M	2.7x	as long as short
BingX BCH-USDC	+0.0008%	8h	264.64	−2.058%	—	$6.5M	—	as long as short
Kraken Futures PF_BCHUSD	+0.0011%	1h	264.90	−1.962%	$849K	$3.0M	50x	as long as short
Bybit BCHUSDT	+0.0012%	8h	264.54	−2.095%	$39.1M	$31.0M	75x	as long as short
BloFin BCH-USDT	+0.0031%	8h	264.76	−2.013%	$3.9M	$4.3M	50x	as long as short
Injective BCH/USDC PERPlong	+0.0033%	1h	270.20	long leg	$721	$130K	12x
Orderly PERP_BCH_USDC	+0.0037%	8h	264.63	−2.061%	$2K	$176	10x	as long as short
Pacifica BCH	+0.0077%	1h	264.61	−2.067%	$159K	$307K	10x	as long as short
Lighter BCH	+0.0096%	1h	264.57	−2.084%	$358K	$488K	10x	as long as short
Aster BCHUSDT	+0.0099%	8h	264.48	−2.116%	$166K	$516K	75x	as long as short
Hyperliquid BCH	+0.0100%	1h	264.94	−1.947%	$5.7M	$4.6M	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	265.13	−1.875%	$19K	$288K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	265.32	−1.806%	$97K	$230K	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0350% / S −0.0506%	1h	264.61	−2.067%	$24K	—	100x	as long as short