Funding you earn now, next payment 08:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.39 per $10,000 · paid last 24h −0.007%
Price spread now: Bybit against MEXC−0.248%7-day average −0.223% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$330.333% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 7 days+0.053%+$5 · spread now −0.248%, 7d avg −0.223%
=Funding pays, the price is against you. Bybit is 0.026% cheaper against MEXC than usual: you would sell low and buy high (spread −0.248% now, against its 7-day average of −0.223%). If the spread goes back, that is −$3 on $10k: about 2.2 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.032% in total) that is about 5.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BCH_USDT | 269.68 | −0.0054 | get 0.0054% / 8h | 7h 33m | $70.6M | $6.6M | 200x |
| Short | Bybit BCHUSDT | 269.01 | −0.0015 | pay 0.0015% / 8h | 7h 33m | $39.8M | $32.6M | 75x |
MEXC BCH_USDT
Bybit BCHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. 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
- $8.28
- Price spread: −0.248% → −0.223%
- −$2.57
- Slippage, 4 orders
- −$18.32
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$27.6
- Costs to cover
- 0.333%
- Break-even
- 30.3 days
Slippage from MEXC: live order book, 6 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 MEXC live order book, 6 min ago | 2.61 bp | 5.3 bp −$5 | 10.5 bp −$105 | 40.7 bp −$4,070 | 91.4 bp −$45.7K |
| Sell Bybit live order book, 5 min ago | 1.87 bp | 9.8 bp −$10 | 20.7 bp −$207 | 68.5 bp −$6,854 | 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 | −0.0776% | 8h | 269.22 | −0.171% | $4.9M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0506% | 1h | 269.21 | −0.174% | $2K | $6K | 10x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0270% | 1h | 269.34 | −0.126% | $455K | $266K | 25x | as long as short |
| HTX BCH-USDT | −0.0214% | 8h | 269.06 | −0.230% | $782K | $1.6M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0180% | 8h | 268.67 | −0.375% | $391K | $17K | 10x | as long as short |
| ApeX Omni BCHUSDT | −0.0171% | 1h | 268.26 | −0.527% | $73K | $214K | 50x | as long as short |
| Variational Omni BCH | −0.0127% | 8h | 268.51 | −0.434% | $82K | $285K | — | as long as short |
| Gate BCH_USDT | −0.0058% | 8h | 269.23 | −0.167% | $8.5M | $14.2M | 75x | as long as short |
| Extended BCH-USD | −0.0056% | 1h | 268.79 | −0.328% | $117K | $1.0M | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 268.58 | −0.408% | $227K | $2.1M | 50x | as long as short |
Phemex BCHUSDT
SoDEX BCH-USD
Deribit BCH_USDC-PERPETUAL
HTX BCH-USDT
GRVT BCH_USDT_Perp
ApeX Omni BCHUSDT
Variational Omni BCH
Gate BCH_USDT
Extended BCH-USD
Coinbase International BCH-PERP-INTXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0055% | 8h | 269.02 | −0.243% | $72.9M | $230.2M | 75x | as long as short |
| MEXC BCH_USDTlong | −0.0054% | 8h | 269.68 | long leg | $70.6M | $6.6M | 200x | |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 269.40 | −0.103% | $859K | $3.1M | 50x | as long as short |
| Bybit BCHUSDTshort | −0.0015% | 8h | 269.01 | −0.248% | $39.8M | $32.6M | 75x | |
| Bitget BCHUSDT | −0.0009% | 8h | 269.18 | −0.185% | $19.3M | $29.4M | 75x | as long as short |
| Nado BCH-PERP | 0.0000% | 1h | 269.24 | −0.162% | $442K | $420K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 269.39 | −0.108% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 269.55 | −0.048% | $1.1M | $10.9M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 269.15 | −0.197% | $4K | — | 150x | as long as short |
| BingX BCH-USDC | +0.0020% | 8h | 269.08 | −0.222% | — | $6.5M | — | as long as short |
| OKX BCH-USDT-SWAP | +0.0023% | 8h | 268.80 | −0.326% | $26.1M | $77.0M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0031% | 8h | 268.99 | −0.256% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.193% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0065% | 8h | 268.83 | −0.315% | $3.9M | $4.3M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 269.26 | −0.156% | $371K | $529K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.57 | −0.041% | $6.0M | $4.4M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 269.33 | −0.129% | $178K | $666K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 269.30 | −0.141% | $164K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 269.40 | −0.104% | $9.0M | $7.6M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 268.60 | −0.400% | $19K | $291K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 269.01 | −0.248% | $1K | $1.9M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0334% / S −0.0451% | 1h | 269.11 | −0.212% | $25K | — | 100x | as long as short |
Binance BCHUSDT
Kraken Futures PF_BCHUSD
Bitget BCHUSDT
Nado BCH-PERP
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
BingX BCH-USDC
OKX BCH-USDT-SWAP
Orderly PERP_BCH_USDC
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]