Funding you earn now, next payment 07:00 UTC+0.0450%/8h= +49.3% APRnext payment +$0.56 per $10,000 · paid last 24h −0.007%
Price spread now: Deribit against SoDEX+0.059%61s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$14 a day on $10k at the current rate, and Deribit is 0.059% dearer against SoDEX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX BCH-USD | 264.78 | −0.0450 | get 0.0056% / 1h | 54m 27s | $2K | $8K | 10x |
| Short | Deribit BCH_USDC-PERPETUAL | 264.94 | 0 | get 0.0000% / 1h | 54m 27s | $441K | $333K | 25x |
SoDEX BCH-USD
Deribit BCH_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against SoDEX. 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
- $94.59
- Price spread: +0.059% → 0.000%
- $5.89
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $85.48
- Costs to cover
- 0.150%
- Break-even
- 0.7 days
Slippage unknown: SoDEX: no order-book sample; Deribit: live order book, 54 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 54 min ago | 3.65 bp | 8.1 bp −$8 | 15.6 bp −$156 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX BCH-USDlong | −0.0450% | 1h | 264.78 | long leg | $2K | $8K | 10x | |
| HTX BCH-USDT | −0.0200% | 8h | 264.70 | −0.030% | $773K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0169% | 8h | 264.86 | +0.030% | $5.0M | $6.6M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0103% | 1h | 264.92 | +0.054% | $846K | $3.0M | 50x | as long as short |
| KuCoin BCHUSDTM | −0.0101% | 8h | 264.84 | +0.023% | $8.5M | $6.7M | 75x | as long as short |
| Bitget BCHUSDT | −0.0095% | 8h | 264.71 | −0.026% | $18.9M | $28.6M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0074% | 8h | 264.70 | −0.030% | $25.2M | $78.1M | 50x | as long as short |
| Variational Omni BCH | −0.0071% | 8h | 264.90 | +0.047% | $81K | $196K | — | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 264.58 | −0.075% | $112K | $1.1M | 25x | as long as short |
| Binance BCHUSDT | −0.0046% | 8h | 264.79 | +0.004% | $73.0M | $221.1M | 75x | as long as short |
HTX BCH-USDT
Phemex BCHUSDT
Kraken Futures PF_BCHUSD
KuCoin BCHUSDTM
Bitget BCHUSDT
OKX BCH-USDT-SWAP
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0045% | 8h | 265.10 | +0.121% | $70.6M | $8.5M | 200x | as long as short |
| Bybit BCHUSDT | −0.0036% | 8h | 264.70 | −0.030% | $38.9M | $31.8M | 75x | as long as short |
| BingX BCH-USDC | −0.0024% | 8h | 264.81 | +0.011% | — | $6.5M | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0014% | 8h | 265.20 | +0.159% | $387K | $17K | 10x | as long as short |
| Nado BCH-PERP | −0.0005% | 1h | 264.68 | −0.037% | $435K | $356K | 10x | as long as short |
| SunX BCH-USDT | −0.0004% | 8h | 264.56 | −0.083% | $2K | $1.7M | 30x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 264.94 | +0.059% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.09 | +0.116% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.16 | +0.144% | $991K | $10.5M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUALshort | 0.0000% | 1h | 264.94 | +0.059% | $441K | $333K | 25x | |
| Coinbase International BCH-PERP-INTX | +0.0008% | 1h | 265.56 | +0.295% | $221K | $1.9M | 50x | as long as short |
| Gate BCH_USDT | +0.0012% | 8h | 264.76 | −0.008% | $8.3M | $13.8M | 75x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.047% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0046% | 8h | 264.80 | +0.008% | $2K | $176 | 10x | as long as short |
| Aster BCHUSDT | +0.0060% | 8h | 265.00 | +0.084% | $150K | $564K | 75x | as long as short |
| BloFin BCH-USDT | +0.0075% | 8h | 264.85 | +0.026% | $4.0M | $4.5M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 264.80 | +0.009% | $353K | $495K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 264.91 | +0.049% | $5.7M | $4.7M | 10x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 264.76 | −0.008% | $159K | $312K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 265.04 | +0.099% | $18K | $343K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 265.45 | +0.253% | $95K | $237K | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0202% / S −0.0147% | 1h | 264.95 | +0.065% | $12K | — | 100x | as long as short |
MEXC BCH_USDT
Bybit BCHUSDT
BingX BCH-USDC
GRVT BCH_USDT_Perp
Nado BCH-PERP
SunX BCH-USDT
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Coinbase International BCH-PERP-INTX
Gate BCH_USDT
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
Aster BCHUSDT
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
GMX BCH/USD [WBTC.b-USDC]