Funding you earn now, next payment 08:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.63 per $10,000 · paid last 24h −0.005%
Price spread now: MEXC against OKX+0.238%7-day average +0.216% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$320.324% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 7 days−0.081%−$8 · spread now +0.238%, 7d avg +0.216%
=The price spread pays, funding is against you. MEXC is 0.022% dearer against OKX than usual: you sell high and buy low (spread +0.238% now, against its 7-day average of +0.216%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 28 hours. At the pace of the last 7 days (−0.057% in total) that is about 2.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BCH-USDT-SWAP | 268.50 | −0.0013 | get 0.0013% / 8h | 7h 04m | $26.1M | $76.3M | 50x |
| Short | MEXC BCH_USDT | 269.14 | −0.0076 | pay 0.0076% / 8h | 7h 04m | $70.6M | $6.7M | 200x |
OKX BCH-USDT-SWAP
MEXC BCH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against OKX. 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
- −$13.25
- Price spread: +0.238% → +0.216%
- $2.2
- Slippage, 4 orders
- −$18.39
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$43.44
- Costs to cover
- 0.324%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; MEXC: live order book, 4 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 OKX live order book, 4 min ago | 1.86 bp | 8.4 bp −$8 | 16.2 bp −$162 | 78.4 bp −$7,839 | doesn't fit |
| Sell MEXC live order book, 4 min ago | 3.89 bp | 7.3 bp −$7 | 18.6 bp −$186 | 54.1 bp −$5,413 | 86.0 bp −$43.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0625% | 1h | 268.25 | −0.092% | $453K | $266K | 25x | as long as short |
| SoDEX BCH-USD | −0.0550% | 1h | 268.17 | −0.123% | $2K | $6K | 10x | as long as short |
| Phemex BCHUSDT | −0.0447% | 8h | 268.15 | −0.130% | $4.9M | $6.5M | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0187% | 8h | 269.71 | +0.452% | $393K | $17K | 10x | as long as short |
| ApeX Omni BCHUSDT | −0.0170% | 1h | 269.64 | +0.425% | $73K | $214K | 50x | as long as short |
| Gate BCH_USDT | −0.0163% | 8h | 268.71 | +0.078% | $8.4M | $14.4M | 75x | as long as short |
| Variational Omni BCH | −0.0122% | 8h | 268.20 | −0.112% | $82K | $285K | — | as long as short |
| Extended BCH-USD | −0.0080% | 1h | 268.40 | −0.039% | $117K | $961K | 25x | as long as short |
| Binance BCHUSDT | −0.0078% | 8h | 268.59 | +0.034% | $72.7M | $230.0M | 75x | as long as short |
| MEXC BCH_USDTshort | −0.0076% | 8h | 269.14 | +0.238% | $70.6M | $6.7M | 200x |
Deribit BCH_USDC-PERPETUAL
SoDEX BCH-USD
Phemex BCHUSDT
GRVT BCH_USDT_Perp
ApeX Omni BCHUSDT
Gate BCH_USDT
Variational Omni BCH
Extended BCH-USD
Binance BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 268.33 | −0.063% | $237K | $2.0M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 268.45 | −0.018% | $867K | $3.1M | 50x | as long as short |
| Bitget BCHUSDT | −0.0027% | 8h | 268.58 | +0.030% | $19.4M | $29.6M | 75x | as long as short |
| Bybit BCHUSDT | −0.0026% | 8h | 268.63 | +0.048% | $39.7M | $32.6M | 75x | as long as short |
| OKX BCH-USDT-SWAPlong | −0.0013% | 8h | 268.50 | long leg | $26.1M | $76.3M | 50x | |
| BingX BCH-USDC | −0.0004% | 8h | 268.61 | +0.041% | — | $6.5M | — | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0003% / S +0.0007% | 1h | 268.35 | −0.055% | $7K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 268.96 | +0.173% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.62 | +0.045% | $1.1M | $11.0M | 2.7x | as long as short |
| Orderly PERP_BCH_USDC | +0.0030% | 8h | 268.15 | −0.130% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.633% | $721 | $130K | 12x | as long as short |
| Nado BCH-PERP | +0.0043% | 1h | 268.25 | −0.093% | $439K | $421K | 10x | as long as short |
| BloFin BCH-USDT | +0.0044% | 8h | 268.09 | −0.153% | $3.9M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 268.75 | +0.095% | $370K | $530K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 268.96 | +0.171% | $6.6M | $4.6M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 268.51 | +0.002% | $177K | $666K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 268.74 | +0.091% | $163K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 268.72 | +0.082% | $8.8M | $7.6M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 269.17 | +0.250% | $19K | $291K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 267.99 | −0.190% | $2K | $1.9M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 268.20 | −0.112% | $779K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0334% / S −0.0451% | 1h | 268.32 | −0.066% | $25K | — | 100x | as long as short |
Coinbase International BCH-PERP-INTX
Kraken Futures PF_BCHUSD
Bitget BCHUSDT
Bybit BCHUSDT
BingX BCH-USDC
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
Nado BCH-PERP
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]