Funding you earn now, next payment 08:00 UTC+0.0073%/8h= +8.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.098%
Price spread now: GMX against Nado−0.089%172s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. GMX is 0.089% cheaper against Nado than usual: you would sell low and buy high (spread −0.089% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 4.1 days of funding at the current rate (+$2 a day). The two prices were read 172 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado BCH-PERP | 264.71 | 0.0074 | pay 0.0009% / 1h | 12m 33s | $434K | $350K | 10x |
| Short | GMX BCH/USD [WBTC.b-USDC] | 264.47 | L +0.0202% / S −0.0147% | get 0.0018% / 1h | 12m 33s | $12K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $15.34
- Price spread: −0.089% → 0.000%
- −$8.94
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$12.6
- Costs to cover
- 0.190%
- Break-even
- 12.7 days
Slippage unknown: Nado: live order book, 25 min ago; GMX: no order-book sample. 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 Nado live order book, 25 min ago | 0.57 bp | 7.0 bp −$7 | 21.1 bp −$211 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX BCH-USD | −0.0319% | 1h | 264.81 | +0.039% | $2K | $8K | 10x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0219% | 1h | 265.01 | +0.113% | $860K | $2.7M | 50x | as long as short |
| Phemex BCHUSDT | −0.0162% | 8h | 264.83 | +0.046% | $4.9M | $6.5M | 50x | as long as short |
| Variational Omni BCH | −0.0133% | 8h | 264.41 | −0.113% | $81K | $196K | — | as long as short |
| Bybit BCHUSDT | −0.0110% | 8h | 264.80 | +0.035% | $38.9M | $30.9M | 75x | as long as short |
| HTX BCH-USDT | −0.0079% | 8h | 264.85 | +0.054% | $776K | $1.4M | 75x | as long as short |
| KuCoin BCHUSDTM | −0.0078% | 8h | 265.02 | +0.118% | $8.5M | $6.3M | 75x | as long as short |
| Bitget BCHUSDT | −0.0077% | 8h | 264.73 | +0.008% | $19.1M | $27.1M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0064% | 8h | 264.70 | −0.003% | $25.2M | $76.4M | 50x | as long as short |
| MEXC BCH_USDT | −0.0050% | 8h | 265.30 | +0.224% | $70.8M | $8.9M | 200x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0049% | 8h | 264.86 | +0.058% | $73.1M | $212.5M | 75x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 264.69 | −0.008% | $112K | $912K | 25x | as long as short |
| GRVT BCH_USDT_Perp | −0.0043% | 8h | 264.28 | −0.161% | $385K | $17K | 10x | as long as short |
| BingX BCH-USDC | −0.0041% | 8h | 264.86 | +0.058% | — | $6.5M | — | as long as short |
| Gate BCH_USDT | −0.0027% | 8h | 264.90 | +0.073% | $8.3M | $13.6M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 264.95 | +0.090% | $15K | — | 150x | as long as short |
| Pacifica BCH | −0.0003% | 1h | 264.84 | +0.048% | $159K | $293K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 264.96 | +0.096% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.15 | +0.167% | $997K | $9.7M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 265.00 | +0.109% | $427K | $348K | 25x | as long as short |
| Aster BCHUSDT | +0.0015% | 8h | 264.79 | +0.031% | $137K | $564K | 75x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.075% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0046% | 8h | 264.86 | +0.058% | $2K | — | 10x | as long as short |
| BloFin BCH-USDT | +0.0069% | 8h | 264.79 | +0.031% | $3.5M | $4.5M | 50x | as long as short |
| Nado BCH-PERPlong | +0.0074% | 1h | 264.71 | long leg | $434K | $350K | 10x | |
| Coinbase International BCH-PERP-INTX | +0.0088% | 1h | 265.02 | +0.118% | $246K | $1.9M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 264.88 | +0.063% | $353K | $469K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.01 | +0.114% | $5.7M | $4.6M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 264.33 | −0.142% | $18K | $346K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 264.54 | −0.063% | $95K | $242K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 264.68 | −0.010% | $2K | $1.6M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC]short | L +0.0202% / S −0.0147% | 1h | 264.47 | −0.089% | $12K | — | 100x |
GMX BCH/USD [WBTC.b-USDC]
SoDEX BCH-USD
Kraken Futures PF_BCHUSD
Phemex BCHUSDT
Variational Omni BCH
Bybit BCHUSDT
HTX BCH-USDT
KuCoin BCHUSDTM
Bitget BCHUSDT
OKX BCH-USDT-SWAP
MEXC BCH_USDT
Binance BCHUSDT
Extended BCH-USD
GRVT BCH_USDT_Perp
BingX BCH-USDC
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
Pacifica BCH
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Aster BCHUSDT
Injective BCH/USDC PERP
BloFin BCH-USDT
Coinbase International BCH-PERP-INTX
Lighter BCH
Hyperliquid BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT