BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0296%/8h= +32.5% APRnext payment +$0.37 per $10,000 · paid last 24h +0.018%

Price spread now: ApeX Omni against Nado−0.070%61s7-day average +0.071% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$440.439% of the position

Long on Nado Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.087%+$9 on $10k

Price spread, last 4 days (all we have)+0.045%+$5 · spread now −0.070%, 7d avg +0.071%

Together, before fees+0.133%+ Points / potential airdropNado: Active · farm board+$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.141% cheaper against Nado than usual: you would sell low and buy high (spread −0.070% now, against its 7-day average of +0.071%). If the spread goes back, that is −$14 on $10k: about 38 hours of funding at the current rate (+$9 a day). At the pace of the last 3 days (+0.087% in total) that is about 5.5 days. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.087% in total (about 9.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.37 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	Nado BCH-PERP	265.64	−0.0196	get 0.0025% / 1h	46m 22s	$429K	$345K	10x
Short	ApeX Omni BCHUSDT	265.46	0.0100	get 0.0013% / 1h	46m 22s	$97K	$233K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Nado. 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 NadobpFee ApeX OmnibpOrdersPrice spread, now −0.070%Rate

Funding earned: $62.24
Price spread: −0.070% → +0.071%: −$14.07
Slippage, 4 orders: −$26.89
Fee Nado: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $4.28
Costs to cover: 0.439%
Break-even: 6.5 days

Slippage from Nado: live order book, 7 min ago; ApeX Omni: 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 Nado live order book, 7 min ago	0.75 bp	8.2 bp −$8	23.7 bp −$237	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 5 min ago	6.20 bp	13.3 bp −$13	98.7 bp −$987	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
Phemex BCHUSDT	−0.0272%	8h	265.55	−0.036%	$5.0M	$6.4M	50x	as long as short
SunX BCH-USDT	−0.0272%	8h	265.59	−0.021%	$2K	$1.7M	30x	as long as short
HTX BCH-USDT	−0.0229%	8h	265.83	+0.070%	$775K	$1.4M	75x	as long as short
Nado BCH-PERPlong	−0.0196%	1h	265.64	long leg	$429K	$345K	10x
SoDEX BCH-USD	−0.0143%	1h	265.52	−0.047%	$2K	$8K	10x	as long as short
OKX BCH-USDT-SWAP	−0.0100%	8h	265.60	−0.017%	$25.2M	$76.5M	50x	as long as short
KuCoin BCHUSDTM	−0.0083%	8h	265.70	+0.021%	$8.5M	$7.0M	75x	as long as short
Extended BCH-USD	−0.0080%	1h	265.47	−0.064%	$112K	$958K	25x	as long as short
MEXC BCH_USDT	−0.0080%	8h	266.12	+0.179%	$70.4M	$7.9M	200x	as long as short
Binance BCHUSDT	−0.0079%	8h	265.66	+0.006%	$72.1M	$215.5M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BCHUSDT	−0.0076%	8h	265.63	−0.006%	$19.0M	$28.2M	75x	as long as short
Variational Omni BCH	−0.0068%	8h	265.90	+0.097%	$82K	$197K	—	as long as short
Coinbase International BCH-PERP-INTX	−0.0064%	1h	265.45	−0.073%	$217K	$1.8M	50x	as long as short
GRVT BCH_USDT_Perp	−0.0054%	8h	265.07	−0.217%	$386K	$17K	10x	as long as short
Kraken Futures PF_BCHUSD	−0.0051%	1h	265.78	+0.049%	$852K	$3.0M	50x	as long as short
Gate BCH_USDT	−0.0038%	8h	265.70	+0.021%	$8.3M	$13.6M	75x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0010%	1h	265.74	+0.035%	$444K	$332K	25x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	265.83	+0.070%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	265.86	+0.081%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	265.97	+0.122%	$1.0M	$10.4M	2.7x	as long as short
BingX BCH-USDC	+0.0006%	8h	265.72	+0.028%	—	$6.5M	—	as long as short
Bybit BCHUSDT	+0.0009%	8h	265.60	−0.017%	$39.2M	$31.2M	75x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.715%	$721	$130K	12x	as long as short
BloFin BCH-USDT	+0.0039%	8h	265.53	−0.043%	$3.9M	$4.3M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0044%	8h	265.63	−0.006%	$2K	$176	10x	as long as short
Aster BCHUSDT	+0.0089%	8h	265.65	+0.002%	$154K	$545K	75x	as long as short
Lighter BCH	+0.0096%	1h	265.70	+0.019%	$358K	$488K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.94	+0.111%	$5.7M	$4.6M	10x	as long as short
Pacifica BCH	+0.0100%	1h	265.74	+0.036%	$160K	$305K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	265.18	−0.176%	$19K	$290K	20x	as long as short
ApeX Omni BCHUSDTshort	+0.0100%	1h	265.46	−0.070%	$97K	$233K	50x
GMX BCH/USD [WBTC.b-USDC]	L +0.0359% / S −0.0530%	1h	265.86	+0.082%	$25K	—	100x	as long as short