Funding you earn now, next payment 08:00 UTC+0.0327%/8h= +35.8% APRnext payment +$3.27 per $10,000 · paid last 24h −0.004%
Price spread now: Variational Omni against Phemex−0.038%7-day average −0.033% · 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)+0.036%+$4 on $10k
+Price spread, last 3 days (all we have)−0.053%−$5 · spread now −0.038%, 7d avg −0.033%
=Together, before fees−0.017%+ Points / potential airdropVariational Omni: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.033%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.036% in total (about 3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex BCHUSDT | 265.61 | −0.0450 | get 0.0450% / 8h | 6h 47m | $4.9M | $6.5M | 50x |
| Short | Variational Omni BCH | 265.51 | −0.0123 | pay 0.0123% / 8h | 6h 47m | $81K | $285K | — |
Phemex BCHUSDT
Variational Omni BCHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $68.66
- Price spread: −0.038% → −0.033%
- −$0.51
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $56.15
- Costs to cover
- 0.120%
- Break-even
- 1.3 days
Slippage unknown: Phemex: live order book, 2 min ago; Variational Omni: RFQ quote, 22 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 Phemex live order book, 2 min ago | 3.95 bp | 12.6 bp −$13 | 19.9 bp −$199 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 22 min ago | 5.97 bp | doesn't fit | 35.9 bp −$359 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0604% | 1h | 265.53 | −0.032% | $449K | $266K | 25x | as long as short |
| SoDEX BCH-USD | −0.0504% | 1h | 265.55 | −0.023% | $2K | $6K | 10x | as long as short |
| Phemex BCHUSDTlong | −0.0450% | 8h | 265.61 | long leg | $4.9M | $6.5M | 50x | |
| Kraken Futures PF_BCHUSD | −0.0299% | 1h | 265.77 | +0.059% | $851K | $3.1M | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0195% | 8h | 266.22 | +0.228% | $388K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0169% | 8h | 265.81 | +0.075% | $8.4M | $13.2M | 75x | as long as short |
| Variational Omni BCHshort | −0.0123% | 8h | 265.51 | −0.038% | $81K | $285K | — | |
| Coinbase International BCH-PERP-INTX | −0.0112% | 1h | 266.10 | +0.184% | $236K | $2.1M | 50x | as long as short |
| Extended BCH-USD | −0.0088% | 1h | 265.38 | −0.085% | $112K | $966K | 25x | as long as short |
| Binance BCHUSDT | −0.0087% | 8h | 265.55 | −0.023% | $71.8M | $233.6M | 75x | as long as short |
Deribit BCH_USDC-PERPETUAL
SoDEX BCH-USD
Kraken Futures PF_BCHUSD
GRVT BCH_USDT_Perp
Gate BCH_USDT
Coinbase International BCH-PERP-INTX
Extended BCH-USD
Binance BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BCHUSDT | −0.0086% | 8h | 265.57 | −0.015% | $39.1M | $33.2M | 75x | as long as short |
| MEXC BCH_USDT | −0.0085% | 8h | 266.03 | +0.158% | $69.8M | $6.8M | 200x | as long as short |
| ApeX Omni BCHUSDT | −0.0073% | 1h | 266.30 | +0.260% | $97K | $226K | 50x | as long as short |
| HTX BCH-USDT | −0.0043% | 8h | 265.77 | +0.060% | $777K | $1.6M | 75x | as long as short |
| Bitget BCHUSDT | −0.0031% | 8h | 265.52 | −0.034% | $19.1M | $29.3M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0029% | 8h | 265.60 | −0.004% | $25.9M | $76.6M | 50x | as long as short |
| Nado BCH-PERP | −0.0024% | 1h | 265.60 | −0.004% | $434K | $425K | 10x | as long as short |
| BingX BCH-USDT | −0.0020% | 8h | 265.73 | +0.045% | — | $32.3M | — | as long as short |
| SunX BCH-USDT | −0.0008% | 8h | 265.56 | −0.019% | $2K | $1.9M | 30x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.96 | +0.133% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 266.21 | +0.226% | $1.1M | $11.0M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 265.93 | +0.122% | $4K | — | 150x | as long as short |
| Orderly PERP_BCH_USDC | +0.0028% | 8h | 265.53 | −0.030% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.728% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0034% | 8h | 266.13 | +0.196% | $3.9M | $4.2M | 50x | as long as short |
| Pacifica BCH | +0.0040% | 1h | 265.74 | +0.049% | $162K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0072% | 8h | 265.74 | +0.049% | $8.6M | $7.6M | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 265.60 | −0.004% | $366K | $478K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.90 | +0.109% | $5.8M | $5.0M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 265.70 | +0.035% | $165K | $688K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 266.11 | +0.188% | $19K | $292K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0333% / S −0.0451% | 1h | 265.83 | +0.082% | $25K | — | 100x | as long as short |
Bybit BCHUSDT
MEXC BCH_USDT
ApeX Omni BCHUSDT
HTX BCH-USDT
Bitget BCHUSDT
OKX BCH-USDT-SWAP
Nado BCH-PERP
BingX BCH-USDT
SunX BCH-USDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
BloFin BCH-USDT
Pacifica BCH
KuCoin BCHUSDTM
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]