Funding you earn now, next payment 16:00 UTC−0.0137%/8h= −15.0% APRnext payment −$1.37 per $10,000 · paid last 24h −0.035%
Price spread now: Variational Omni against Orderly+0.055%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 0.055% dearer against Orderly than usual: you sell high and buy low (spread +0.055% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 32 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_BCH_USDC | 269.53 | 0.0037 | pay 0.0037% / 8h | 4h 49m | $2K | $540 | 10x |
| Short | Variational Omni BCH | 269.68 | −0.0100 | pay 0.0100% / 8h | 4h 49m | $163K | $241K | — |
Orderly PERP_BCH_USDC
Variational Omni BCHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Orderly. 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
- −$28.81
- Price spread: +0.055% → 0.000%
- $5.51
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$29.3
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 57 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 57 min ago | 5.95 bp | doesn't fit | 22.9 bp −$229 | doesn't fit | doesn't fit |
Orderly: 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 exchanges
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 | −0.0410% | 1h | 269.50 | −0.011% | $2K | $8K | 10x | as long as short |
| Phemex BCHUSDT | −0.0253% | 8h | 269.08 | −0.167% | $4.9M | $6.3M | 50x | as long as short |
| OKX BCH-USDT-SWAP | −0.0137% | 8h | 269.00 | −0.197% | $26.0M | $74.4M | 50x | as long as short |
| Gate BCH_USDT | −0.0101% | 8h | 269.24 | −0.108% | $8.1M | $12.8M | 75x | as long as short |
| Variational Omni BCHshort | −0.0100% | 8h | 269.68 | +0.055% | $163K | $241K | — | |
| Binance BCHUSDT | −0.0088% | 8h | 269.14 | −0.145% | $75.9M | $201.3M | 75x | as long as short |
| Extended BCH-USD | −0.0088% | 1h | 268.96 | −0.212% | $121K | $1.1M | 25x | as long as short |
| MEXC BCH_USDT | −0.0088% | 8h | 269.84 | +0.115% | $74.6M | $9.9M | 200x | as long as short |
| GRVT BCH_USDT_Perp | −0.0079% | 8h | 270.68 | +0.428% | $395K | $17K | 10x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0077% | 1h | 269.48 | −0.019% | $906K | $2.4M | 50x | as long as short |
SoDEX BCH-USD
Phemex BCHUSDT
OKX BCH-USDT-SWAP
Gate BCH_USDT
Binance BCHUSDT
Extended BCH-USD
MEXC BCH_USDT
GRVT BCH_USDT_Perp
Kraken Futures PF_BCHUSDShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BCHUSDT | −0.0018% | 8h | 269.21 | −0.119% | $19.2M | $25.8M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0003% / S +0.0007% | 1h | 270.01 | +0.177% | $18K | — | 150x | as long as short |
| Pacifica BCH | −0.0003% | 1h | 269.53 | +0.001% | $152K | $274K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 269.89 | +0.133% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 269.86 | +0.122% | $1.0M | $8.8M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 269.62 | +0.034% | $436K | $369K | 25x | as long as short |
| KuCoin BCHUSDTM | +0.0002% | 8h | 269.29 | −0.089% | $8.8M | $5.5M | 75x | as long as short |
| Bybit BCHUSDT | +0.0003% | 8h | 269.01 | −0.193% | $40.4M | $31.3M | 75x | as long as short |
| BingX BCH-USDC | +0.0009% | 8h | 269.17 | −0.134% | — | $6.5M | — | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.249% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0034% | 8h | 269.65 | +0.045% | $3.6M | $5.6M | 50x | as long as short |
| Orderly PERP_BCH_USDClong | +0.0037% | 8h | 269.53 | long leg | $2K | $540 | 10x | |
| Aster BCHUSDT | +0.0039% | 8h | 269.13 | −0.150% | $150K | $515K | 75x | as long as short |
| Nado BCH-PERP | +0.0051% | 1h | 269.73 | +0.075% | $457K | $384K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 269.44 | −0.034% | $395K | $406K | 10x | as long as short |
| HTX BCH-USDT | +0.0099% | 8h | 269.25 | −0.104% | $791K | $1.2M | 75x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.39 | −0.053% | $9.2M | $6.8M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 270.48 | +0.352% | $19K | $345K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 270.71 | +0.438% | $49K | $275K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 269.79 | +0.096% | $1K | $1.3M | 30x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0184% | 1h | 269.70 | +0.063% | $362K | $2.3M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0261% / S −0.0271% | 1h | 270.06 | +0.195% | $17K | — | 100x | as long as short |
Bitget BCHUSDT
gTrade (Gains Network) BCH/USD
Pacifica BCH
dYdX BCH-USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
KuCoin BCHUSDTM
Bybit BCHUSDT
BingX BCH-USDC
Injective BCH/USDC PERP
BloFin BCH-USDT
Aster BCHUSDT
Nado BCH-PERP
Lighter BCH
HTX BCH-USDT
Hyperliquid BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
Coinbase International BCH-PERP-INTX
GMX BCH/USD [WBTC.b-USDC]