BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0124%/8h= −13.6% APRnext payment −$0.15 per $10,000 · paid last 24h −0.016%

Price spread now: Coinbase International against ApeX Omni+0.033%7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$530.534% of the position

Long on ApeX Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.116%−$12 on $10k

Price spread, last 3 days (all we have)−0.134%−$13 · spread now +0.033%, 7d avg −0.020%

Together, before fees−0.250%−$25 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.053% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.033% now, against its 7-day average of −0.020%): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 34 hours. At the pace of the last 7 days (−0.116% in total) that is about 3.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni BCHUSDT	268.79	0.0100	pay 0.0013% / 1h	7m 11s	$73K	$214K	50x
Short	Coinbase International BCH-PERP-INTX	268.88	−0.0024	pay 0.0003% / 1h	7m 11s	$242K	$2.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee Coinbase InternationalbpOrdersPrice spread, now +0.033%Rate

Funding earned: −$26.04
Price spread: +0.033% → −0.020%: $5.3
Slippage, 4 orders: −$33.39
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$74.13
Costs to cover: 0.534%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 14 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 ApeX Omni live order book, 14 min ago	4.28 bp	14.1 bp −$14	98.2 bp −$982	doesn't fit	doesn't fit
Sell Coinbase International live order book, 2 min ago	4.28 bp	13.3 bp −$13	17.4 bp −$174	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	−0.0607%	1h	268.13	−0.246%	$439K	$247K	25x	as long as short
Injective BCH/USDC PERP	−0.0304%	1h	268.50	−0.108%	$716	$110K	12x	as long as short
Phemex BCHUSDT	−0.0184%	8h	268.09	−0.260%	$4.9M	$6.3M	50x	as long as short
SoDEX BCH-USD	−0.0151%	1h	267.97	−0.305%	$2K	$6K	10x	as long as short
Extended BCH-USD	−0.0096%	1h	267.98	−0.303%	$115K	$653K	25x	as long as short
Binance BCHUSDT	−0.0093%	8h	268.02	−0.286%	$73.9M	$229.4M	75x	as long as short
MEXC BCH_USDT	−0.0092%	8h	268.76	−0.011%	$71.1M	$6.4M	200x	as long as short
Variational Omni BCH	−0.0070%	8h	268.14	−0.241%	$85K	$291K	—	as long as short
Bitget BCHUSDT	−0.0035%	8h	267.97	−0.305%	$19.9M	$29.0M	75x	as long as short
Coinbase International BCH-PERP-INTXshort	−0.0024%	1h	268.88	+0.033%	$242K	$2.1M	50x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BCH_USDT	−0.0023%	8h	268.11	−0.253%	$8.4M	$14.5M	75x	as long as short
GRVT BCH_USDT_Perp	−0.0016%	8h	268.59	−0.075%	$391K	$17K	10x	as long as short
Bybit BCHUSDT	−0.0002%	8h	267.92	−0.324%	$39.3M	$32.1M	75x	as long as short
dYdX BCH-USD	0.0000%	1h	268.48	−0.114%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	268.46	−0.123%	$1.1M	$11.3M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	268.37	−0.158%	$4K	—	150x	as long as short
BingX BCH-USDC	+0.0024%	8h	268.03	−0.283%	—	$6.5M	—	as long as short
Orderly PERP_BCH_USDC	+0.0027%	8h	268.07	−0.268%	$2K	$176	10x	as long as short
BloFin BCH-USDT	+0.0027%	8h	268.19	−0.223%	$4.0M	$4.1M	50x	as long as short
OKX BCH-USDT-SWAP	+0.0029%	8h	268.00	−0.294%	$26.2M	$76.0M	50x	as long as short
Kraken Futures PF_BCHUSD	+0.0074%	1h	268.31	−0.180%	$804K	$3.2M	50x	as long as short
Lighter BCH	+0.0096%	1h	268.11	−0.253%	$376K	$581K	10x	as long as short
Nado BCH-PERP	+0.0100%	1h	268.15	−0.236%	$439K	$425K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	268.33	−0.172%	$6.0M	$4.1M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	268.27	−0.193%	$236K	$666K	75x	as long as short
Pacifica BCH	+0.0100%	1h	268.31	−0.179%	$169K	$455K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	268.21	−0.216%	$8.9M	$7.9M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	268.56	−0.084%	$19K	$289K	20x	as long as short
ApeX Omni BCHUSDTlong	+0.0100%	1h	268.79	long leg	$73K	$214K	50x
SunX BCH-USDT	+0.0100%	8h	268.19	−0.223%	$2K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	267.97	−0.305%	$772K	$1.6M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0373% / S −0.0574%	1h	268.34	−0.168%	$26K	—	100x	as long as short