Funding you earn now, next payment 01:00 UTC−0.0235%/8h= −25.7% APRpaid last 24h −0.028%
Price spread now: SoDEX against Phemex−0.064%7-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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and SoDEX is 0.064% cheaper against Phemex than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex BCHUSDT | 266.54 | −0.0323 | get 0.0323% / 8h | 7h 01m | $4.9M | $6.5M | 50x |
| Short | SoDEX BCH-USD | 266.37 | −0.0558 | pay 0.0070% / 1h | 1m 21s | $2K | $6K | 10x |
Phemex BCHUSDT
SoDEX BCH-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Phemex. 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
- −$49.37
- Price spread: −0.064% → 0.000%
- −$6.38
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$75.75
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 3 min ago; SoDEX: 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 Phemex live order book, 3 min ago | 10.67 bp | 19.2 bp −$19 | 28.4 bp −$284 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0586% | 1h | 266.48 | −0.022% | $450K | $266K | 25x | as long as short |
| SoDEX BCH-USDshort | −0.0558% | 1h | 266.37 | −0.064% | $2K | $6K | 10x | |
| Phemex BCHUSDTlong | −0.0323% | 8h | 266.54 | long leg | $4.9M | $6.5M | 50x | |
| ApeX Omni BCHUSDT | −0.0272% | 1h | 267.23 | +0.259% | $72K | $214K | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0217% | 8h | 268.16 | +0.608% | $391K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0160% | 8h | 266.66 | +0.045% | $8.4M | $14.4M | 75x | as long as short |
| Variational Omni BCH | −0.0122% | 8h | 266.40 | −0.051% | $82K | $285K | — | as long as short |
| Binance BCHUSDT | −0.0081% | 8h | 266.45 | −0.033% | $72.0M | $231.0M | 75x | as long as short |
| Extended BCH-USD | −0.0080% | 1h | 266.30 | −0.089% | $116K | $961K | 25x | as long as short |
| MEXC BCH_USDT | −0.0078% | 8h | 267.06 | +0.195% | $70.0M | $6.7M | 200x | as long as short |
Deribit BCH_USDC-PERPETUAL
ApeX Omni BCHUSDT
GRVT BCH_USDT_Perp
Gate BCH_USDT
Variational Omni BCH
Binance BCHUSDT
Extended BCH-USD
MEXC BCH_USDTShow 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 | 266.96 | +0.158% | $236K | $2.0M | 50x | as long as short |
| Bybit BCHUSDT | −0.0052% | 8h | 266.40 | −0.053% | $39.3M | $32.8M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 266.69 | +0.055% | $859K | $3.1M | 50x | as long as short |
| Bitget BCHUSDT | −0.0028% | 8h | 266.37 | −0.064% | $19.2M | $29.7M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0015% | 8h | 266.30 | −0.090% | $25.8M | $75.8M | 50x | as long as short |
| BingX BCH-USDT | −0.0010% | 8h | 266.56 | +0.008% | — | $32.3M | — | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0003% / S +0.0007% | 1h | 266.74 | +0.074% | $7K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 267.05 | +0.193% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 266.99 | +0.169% | $1.1M | $11.0M | 2.7x | as long as short |
| Orderly PERP_BCH_USDC | +0.0030% | 8h | 266.37 | −0.064% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.373% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0039% | 8h | 266.48 | −0.023% | $4.0M | $4.2M | 50x | as long as short |
| Nado BCH-PERP | +0.0042% | 1h | 266.48 | −0.023% | $434K | $423K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 266.48 | −0.023% | $367K | $530K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 267.04 | +0.188% | $6.5M | $4.6M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 266.87 | +0.126% | $174K | $683K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 266.71 | +0.064% | $162K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 266.63 | +0.034% | $8.7M | $7.6M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 267.41 | +0.327% | $19K | $292K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 266.26 | −0.105% | $2K | $1.9M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 266.67 | +0.049% | $778K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0334% / S −0.0451% | 1h | 266.70 | +0.061% | $25K | — | 100x | as long as short |
Coinbase International BCH-PERP-INTX
Bybit BCHUSDT
Kraken Futures PF_BCHUSD
Bitget BCHUSDT
OKX BCH-USDT-SWAP
BingX BCH-USDT
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
BloFin BCH-USDT
Nado BCH-PERP
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]