Funding you earn now, next payment 08:00 UTC+0.0090%/8h= +9.8% APRnext payment +$0.11 per $10,000 · paid last 24h −0.027%
Price spread now: Coinbase International against Pacifica+0.119%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$490.490% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)−0.191%−$19 · spread now +0.119%, 7d avg +0.021%
=Together, before fees−0.209%+ Points / potential airdropPacifica: Active · farm board−$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.098% dearer against Pacifica than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica BCH | 268.49 | −0.0002 | get 0.0000% / 1h | 52m 07s | $156K | $299K | 10x |
| Short | Coinbase International BCH-PERP-INTX | 268.81 | 0.0088 | get 0.0011% / 1h | 52m 07s | $305K | $2.1M | 50x |
Pacifica BCH
Coinbase International BCH-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Pacifica. 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
- $18.82
- Price spread: +0.119% → +0.021%
- $9.83
- Slippage, 4 orders
- −$31.01
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$20.36
- Costs to cover
- 0.490%
- Break-even
- 14.6 days
Slippage from Pacifica: live order book, 46 min ago; Coinbase International: live order book, 2 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 Pacifica live order book, 46 min ago | 0.38 bp | 11.2 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 3.92 bp | 15.0 bp −$15 | 21.0 bp −$210 | 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 | −0.1307% | 8h | 268.26 | −0.086% | $5.0M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0276% | 1h | 268.23 | −0.097% | $2K | $8K | 10x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0157% | 1h | 268.53 | +0.014% | $872K | $2.7M | 50x | as long as short |
| Variational Omni BCH | −0.0135% | 8h | 267.21 | −0.478% | $145K | $259K | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0086% | 8h | 267.17 | −0.492% | $390K | $17K | 10x | as long as short |
| OKX BCH-USDT-SWAP | −0.0081% | 8h | 268.00 | −0.183% | $25.4M | $78.7M | 50x | as long as short |
| KuCoin BCHUSDTM | −0.0073% | 8h | 268.26 | −0.086% | $8.6M | $6.3M | 75x | as long as short |
| Bitget BCHUSDT | −0.0072% | 8h | 268.20 | −0.108% | $19.4M | $27.1M | 75x | as long as short |
| MEXC BCH_USDT | −0.0044% | 8h | 268.88 | +0.145% | $72.5M | $9.1M | 200x | as long as short |
| Binance BCHUSDT | −0.0044% | 8h | 268.29 | −0.076% | $74.4M | $217.1M | 75x | as long as short |
Phemex BCHUSDT
SoDEX BCH-USD
Kraken Futures PF_BCHUSD
Variational Omni BCH
GRVT BCH_USDT_Perp
OKX BCH-USDT-SWAP
KuCoin BCHUSDTM
Bitget BCHUSDT
MEXC BCH_USDT
Binance BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0040% | 1h | 268.19 | −0.113% | $119K | $912K | 25x | as long as short |
| BingX BCH-USDC | −0.0035% | 8h | 268.17 | −0.119% | — | $6.5M | — | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 267.36 | −0.421% | $15K | — | 150x | as long as short |
| Pacifica BCHlong | −0.0002% | 1h | 268.49 | long leg | $156K | $299K | 10x | |
| dYdX BCH-USD | 0.0000% | 1h | 268.54 | +0.019% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.43 | −0.022% | $1.0M | $9.4M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 268.52 | +0.013% | $422K | $359K | 25x | as long as short |
| Aster BCHUSDT | +0.0016% | 8h | 268.41 | −0.030% | $141K | $573K | 75x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.637% | $721 | $130K | 12x | as long as short |
| Nado BCH-PERP | +0.0037% | 1h | 268.30 | −0.073% | $431K | $361K | 10x | as long as short |
| Gate BCH_USDT | +0.0039% | 8h | 268.23 | −0.097% | $8.4M | $12.8M | 75x | as long as short |
| Orderly PERP_BCH_USDC | +0.0045% | 8h | 268.58 | +0.034% | $2K | — | 10x | as long as short |
| BloFin BCH-USDT | +0.0076% | 8h | 267.50 | −0.369% | $3.6M | $4.9M | 50x | as long as short |
| Coinbase International BCH-PERP-INTXshort | +0.0088% | 1h | 268.81 | +0.119% | $305K | $2.1M | 50x | |
| Lighter BCH | +0.0096% | 1h | 268.40 | −0.032% | $375K | $492K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 268.49 | 0.000% | $5.9M | $4.7M | 10x | as long as short |
| Bybit BCHUSDT | +0.0100% | 8h | 268.17 | −0.119% | $39.6M | $32.3M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 267.09 | −0.523% | $19K | $344K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 267.20 | −0.480% | $96K | $242K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 268.08 | −0.153% | $2K | $1.6M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 268.05 | −0.164% | $780K | $1.4M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0203% / S −0.0147% | 1h | 268.57 | +0.030% | $13K | — | 100x | as long as short |
Extended BCH-USD
BingX BCH-USDC
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Aster BCHUSDT
Injective BCH/USDC PERP
Nado BCH-PERP
Gate BCH_USDT
Orderly PERP_BCH_USDC
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Bybit BCHUSDT
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]