BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0498%/8h= −54.5% APRnext payment −$4.98 per $10,000 · paid last 24h +0.003%

Price spread now: HTX against KuCoin+0.019%7-day average −0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$850.855% of the position

Long on KuCoin Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.043%+$4 on $10k

Price spread, last 3 days (all we have)−0.098%−$10 · spread now +0.019%, 7d avg −0.034%

Together, before fees−0.055%−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.053% dearer against KuCoin than usual: you sell high and buy low (spread +0.019% now, against its 7-day average of −0.034%): +$5 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 9 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.043% in total (about 2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.98 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BCHUSDTM	267.34	0.0100	pay 0.0100% / 8h	7h 47m	$9.0M	$7.6M	75x
Short	HTX BCH-USDT	267.39	−0.0398	pay 0.0398% / 8h	7h 47m	$770K	$1.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 KuCoinbpFee HTXbpOrdersPrice spread, now +0.019%Rate

Funding earned: −$104.53
Price spread: +0.019% → −0.034%: $5.29
Slippage, 4 orders: −$61.5
Fee KuCoin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$184.73
Costs to cover: 0.855%
Break-even: never at this rate

Slippage from KuCoin: live order book, 1 min ago; HTX: live order book, 2 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 KuCoin live order book, 1 min ago	2.43 bp	18.1 bp −$18	52.7 bp −$527	doesn't fit	doesn't fit
Sell HTX live order book, 2 min ago	5.98 bp	35.3 bp −$35	227.1 bp −$2,271	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
SoDEX BCH-USD	−0.0539%	1h	267.25	−0.034%	$2K	$6K	10x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0445%	1h	267.44	+0.037%	$452K	$266K	25x	as long as short
HTX BCH-USDTshort	−0.0398%	8h	267.39	+0.019%	$770K	$1.6M	75x
Gate BCH_USDT	−0.0367%	8h	267.48	+0.052%	$8.4M	$14.1M	75x	as long as short
Phemex BCHUSDT	−0.0252%	8h	267.36	+0.007%	$4.9M	$6.5M	50x	as long as short
GRVT BCH_USDT_Perp	−0.0235%	8h	267.57	+0.087%	$390K	$17K	10x	as long as short
ApeX Omni BCHUSDT	−0.0161%	1h	267.55	+0.079%	$72K	$214K	50x	as long as short
Variational Omni BCH	−0.0133%	8h	267.21	−0.049%	$82K	$290K	—	as long as short
Coinbase International BCH-PERP-INTX	−0.0056%	1h	267.52	+0.067%	$224K	$2.0M	50x	as long as short
Kraken Futures PF_BCHUSD	−0.0049%	1h	267.52	+0.069%	$856K	$3.1M	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BCH-USD	−0.0048%	1h	267.19	−0.055%	$113K	$718K	25x	as long as short
Binance BCHUSDT	−0.0045%	8h	267.38	+0.015%	$72.6M	$230.7M	75x	as long as short
MEXC BCH_USDT	−0.0044%	8h	267.91	+0.213%	$70.2M	$6.6M	200x	as long as short
Bybit BCHUSDT	−0.0028%	8h	267.32	−0.007%	$39.6M	$32.5M	75x	as long as short
Nado BCH-PERP	−0.0015%	1h	267.54	+0.076%	$439K	$422K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	267.76	+0.156%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	267.82	+0.180%	$1.1M	$10.8M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	267.65	+0.116%	$4K	—	150x	as long as short
Bitget BCHUSDT	+0.0004%	8h	267.28	−0.022%	$19.3M	$29.3M	75x	as long as short
BingX BCH-USDC	+0.0027%	8h	267.37	+0.011%	—	$6.5M	—	as long as short
OKX BCH-USDT-SWAP	+0.0029%	8h	267.30	−0.015%	$25.9M	$76.7M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0030%	8h	267.43	+0.034%	$2K	$176	10x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.070%	$721	$130K	12x	as long as short
BloFin BCH-USDT	+0.0075%	8h	267.50	+0.060%	$3.9M	$4.2M	50x	as long as short
Lighter BCH	+0.0096%	1h	267.42	+0.029%	$368K	$529K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	267.75	+0.153%	$6.0M	$4.4M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	267.36	+0.007%	$174K	$666K	75x	as long as short
Pacifica BCH	+0.0100%	1h	267.45	+0.042%	$163K	$407K	10x	as long as short
KuCoin BCHUSDTMlong	+0.0100%	8h	267.34	long leg	$9.0M	$7.6M	75x
edgeX BCHUSDC	+0.0100%	4h	267.50	+0.060%	$19K	$291K	20x	as long as short
SunX BCH-USDT	+0.0100%	8h	267.25	−0.034%	$1K	$1.9M	30x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0333% / S −0.0224%	1h	267.60	+0.098%	$31K	—	100x	as long as short