Funding you earn now, next payment 06:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h +0.002%
Price spread now: Orderly against ApeX Omni−0.245%70s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 −$2 a day on $10k at the current rate, and Orderly is 0.245% cheaper against ApeX Omni than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 70 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 | ApeX Omni BCHUSDT | 265.60 | 0.0100 | pay 0.0013% / 1h | 55m 54s | $95K | $237K | 50x |
| Short | Orderly PERP_BCH_USDC | 264.95 | 0.0046 | get 0.0046% / 8h | 1h 55m | $2K | $176 | 10x |
ApeX Omni BCHUSDT
Orderly PERP_BCH_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$11.33
- Price spread: −0.245% → 0.000%
- −$24.47
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$51.8
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 50 min ago; Orderly: 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 ApeX Omni live order book, 50 min ago | 4.55 bp | 12.5 bp −$13 | 100.2 bp −$1,002 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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-USD | −0.0442% | 1h | 264.83 | −0.290% | $2K | $8K | 10x | as long as short |
| HTX BCH-USDT | −0.0197% | 8h | 265.17 | −0.162% | $774K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0173% | 8h | 264.99 | −0.230% | $5.0M | $6.6M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0103% | 1h | 264.96 | −0.240% | $846K | $3.0M | 50x | as long as short |
| KuCoin BCHUSDTM | −0.0100% | 8h | 264.98 | −0.233% | $8.5M | $6.7M | 75x | as long as short |
| Bitget BCHUSDT | −0.0096% | 8h | 264.81 | −0.297% | $19.0M | $28.6M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0071% | 8h | 264.80 | −0.301% | $25.3M | $78.1M | 50x | as long as short |
| Variational Omni BCH | −0.0070% | 8h | 265.20 | −0.150% | $81K | $196K | — | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 264.79 | −0.304% | $112K | $1.1M | 25x | as long as short |
| Nado BCH-PERP | −0.0045% | 1h | 265.03 | −0.215% | $435K | $356K | 10x | as long as short |
SoDEX BCH-USD
HTX BCH-USDT
Phemex BCHUSDT
Kraken Futures PF_BCHUSD
KuCoin BCHUSDTM
Bitget BCHUSDT
OKX BCH-USDT-SWAP
Variational Omni BCH
Extended BCH-USD
Nado BCH-PERPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0044% | 8h | 264.87 | −0.275% | $73.0M | $221.0M | 75x | as long as short |
| MEXC BCH_USDT | −0.0044% | 8h | 265.28 | −0.120% | $70.6M | $8.5M | 200x | as long as short |
| Bybit BCHUSDT | −0.0034% | 8h | 264.78 | −0.309% | $38.9M | $31.8M | 75x | as long as short |
| BingX BCH-USDC | −0.0020% | 8h | 264.85 | −0.282% | — | $6.5M | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0012% | 8h | 265.31 | −0.109% | $387K | $17K | 10x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 265.24 | −0.137% | $15K | — | 150x | as long as short |
| SunX BCH-USDT | −0.0004% | 8h | 264.84 | −0.286% | $2K | $1.7M | 30x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.39 | −0.079% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.15 | −0.169% | $991K | $10.5M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 265.07 | −0.201% | $441K | $333K | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0008% | 1h | 265.56 | −0.015% | $221K | $1.9M | 50x | as long as short |
| Gate BCH_USDT | +0.0014% | 8h | 264.98 | −0.233% | $8.3M | $13.8M | 75x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.732% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDCshort | +0.0046% | 8h | 264.95 | −0.245% | $2K | $176 | 10x | |
| Aster BCHUSDT | +0.0062% | 8h | 265.02 | −0.218% | $150K | $564K | 75x | as long as short |
| BloFin BCH-USDT | +0.0076% | 8h | 265.25 | −0.132% | $3.9M | $4.5M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 264.91 | −0.261% | $353K | $495K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.11 | −0.184% | $5.7M | $4.7M | 10x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 265.15 | −0.171% | $159K | $312K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 265.04 | −0.210% | $18K | $343K | 20x | as long as short |
| ApeX Omni BCHUSDTlong | +0.0100% | 1h | 265.60 | long leg | $95K | $237K | 50x | |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0202% / S −0.0147% | 1h | 265.18 | −0.159% | $12K | — | 100x | as long as short |
Binance BCHUSDT
MEXC BCH_USDT
Bybit BCHUSDT
BingX BCH-USDC
GRVT BCH_USDT_Perp
gTrade (Gains Network) BCH/USD
SunX BCH-USDT
dYdX BCH-USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Coinbase International BCH-PERP-INTX
Gate BCH_USDT
Injective BCH/USDC PERP
Aster BCHUSDT
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Pacifica BCH
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]