Funding you earn now, next payment 03:00 UTC−0.0079%/8h= −8.6% APRnext payment −$0.10 per $10,000 · paid last 24h −0.071%
Price spread now: Deribit against Nado+0.040%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$340.339% of the position
Funding, last 3 days (all we have)−0.099%−$10 on $10k
+Price spread, last 4 days (all we have)−0.174%−$17 · spread now +0.040%, 7d avg +0.049%
=Together, before fees−0.272%+ Points / potential airdropNado: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.049%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado BCH-PERP | 264.89 | −0.0128 | get 0.0016% / 1h | 7m 19s | $421K | $339K | 10x |
| Short | Deribit BCH_USDC-PERPETUAL | 265.00 | −0.0206 | pay 0.0026% / 1h | 7m 19s | $444K | $331K | 25x |
Nado BCH-PERP
Deribit BCH_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Nado. 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
- −$16.53
- Price spread: +0.040% → +0.049%
- −$0.88
- Slippage, 4 orders
- −$19.92
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$51.33
- Costs to cover
- 0.339%
- Break-even
- never at this rate
Slippage from Nado: live order book, 56 min ago; Deribit: live order book, 56 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, 56 min ago | 0.94 bp | 7.9 bp −$8 | 21.8 bp −$218 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 56 min ago | 3.09 bp | 9.3 bp −$9 | 15.0 bp −$150 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BCH-USDT | −0.1079% | 8h | 265.14 | +0.093% | $1K | $1.7M | 30x | as long as short |
| HTX BCH-USDT | −0.0419% | 8h | 265.42 | +0.199% | $772K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0362% | 8h | 265.54 | +0.244% | $4.9M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0320% | 1h | 264.78 | −0.042% | $2K | $8K | 10x | as long as short |
| Deribit BCH_USDC-PERPETUALshort | −0.0206% | 1h | 265.00 | +0.040% | $444K | $331K | 25x | |
| Coinbase International BCH-PERP-INTX | −0.0128% | 1h | 266.40 | +0.569% | $224K | $1.8M | 50x | as long as short |
| Nado BCH-PERPlong | −0.0128% | 1h | 264.89 | long leg | $421K | $339K | 10x | |
| GRVT BCH_USDT_Perp | −0.0120% | 8h | 265.65 | +0.286% | $387K | $17K | 10x | as long as short |
| Binance BCHUSDT | −0.0106% | 8h | 265.07 | +0.067% | $72.1M | $213.5M | 75x | as long as short |
| MEXC BCH_USDT | −0.0105% | 8h | 265.33 | +0.165% | $69.9M | $7.1M | 200x | as long as short |
SunX BCH-USDT
HTX BCH-USDT
Phemex BCHUSDT
SoDEX BCH-USD
Coinbase International BCH-PERP-INTX
GRVT BCH_USDT_Perp
Binance BCHUSDT
MEXC BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0104% | 1h | 264.66 | −0.089% | $112K | $952K | 25x | as long as short |
| Gate BCH_USDT | −0.0103% | 8h | 265.11 | +0.082% | $8.3M | $13.3M | 75x | as long as short |
| Variational Omni BCH | −0.0094% | 8h | 266.00 | +0.417% | $81K | $201K | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0076% | 8h | 264.80 | −0.035% | $25.0M | $73.9M | 50x | as long as short |
| KuCoin BCHUSDTM | −0.0072% | 8h | 265.06 | +0.063% | $8.6M | $7.1M | 75x | as long as short |
| Bitget BCHUSDT | −0.0071% | 8h | 264.92 | +0.010% | $19.1M | $28.1M | 75x | as long as short |
| Bybit BCHUSDT | −0.0039% | 8h | 265.00 | +0.041% | $39.0M | $30.9M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0031% | 1h | 264.99 | +0.038% | $849K | $3.0M | 50x | as long as short |
| BingX BCH-USDT | −0.0028% | 8h | 265.06 | +0.063% | — | $32.1M | — | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 265.23 | +0.129% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.44 | +0.207% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.70 | +0.305% | $1.1M | $10.2M | 2.7x | as long as short |
| BloFin BCH-USDT | +0.0016% | 8h | 265.61 | +0.271% | $3.9M | $4.2M | 50x | as long as short |
| Pacifica BCH | +0.0021% | 1h | 265.27 | +0.141% | $161K | $321K | 10x | as long as short |
| ApeX Omni BCHUSDT | +0.0023% | 1h | 265.74 | +0.320% | $97K | $227K | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0033% | 8h | 264.91 | +0.007% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.004% | $721 | $130K | 12x | as long as short |
| Lighter BCH | +0.0096% | 1h | 265.29 | +0.150% | $363K | $482K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.22 | +0.124% | $5.7M | $4.7M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 265.50 | +0.228% | $168K | $519K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 265.64 | +0.280% | $19K | $290K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0356% / S −0.0525% | 1h | 265.24 | +0.133% | $25K | — | 100x | as long as short |
Extended BCH-USD
Gate BCH_USDT
Variational Omni BCH
OKX BCH-USDT-SWAP
KuCoin BCHUSDTM
Bitget BCHUSDT
Bybit BCHUSDT
Kraken Futures PF_BCHUSD
BingX BCH-USDT
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
BloFin BCH-USDT
Pacifica BCH
ApeX Omni BCHUSDT
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]