Funding you earn now, next payment 00:00 UTC+0.0144%/8h= +15.7% APRnext payment +$1.44 per $10,000 · paid last 24h +0.003%
Price spread now: KuCoin against Binance+0.127%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$510.515% of the position
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 7 days−0.092%−$9 · spread now +0.127%, 7d avg +0.024%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.103% dearer against Binance than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BCHUSDT | 269.52 | −0.0044 | get 0.0044% / 8h | 1h 08m | $75.0M | $234.4M | 75x |
| Short | KuCoin BCHUSDTM | 269.86 | 0.0100 | get 0.0100% / 8h | 1h 08m | $9.3M | $8.0M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- $30.16
- Price spread: +0.127% → +0.024%
- $10.27
- Slippage, 4 orders
- −$29.45
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$11.03
- Costs to cover
- 0.515%
- Break-even
- 9.6 days
Slippage from Binance: live order book, 5 min ago; KuCoin: live order book, 5 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 Binance live order book, 5 min ago | 0.19 bp | 8.7 bp −$9 | 17.1 bp −$171 | 45.5 bp −$4,548 | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 1.29 bp | 19.5 bp −$20 | 58.0 bp −$580 | 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 | −0.0354% | 1h | 269.60 | +0.031% | $457K | $265K | 25x | as long as short |
| Phemex BCHUSDT | −0.0182% | 8h | 269.53 | +0.004% | $4.9M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0179% | 1h | 269.46 | −0.022% | $2K | $6K | 10x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 270.20 | +0.253% | $721 | $130K | 12x | as long as short |
| Variational Omni BCH | −0.0124% | 8h | 269.61 | +0.035% | $83K | $294K | — | as long as short |
| Bybit BCHUSDT | −0.0065% | 8h | 269.37 | −0.055% | $39.4M | $33.0M | 75x | as long as short |
| Binance BCHUSDTlong | −0.0044% | 8h | 269.52 | long leg | $75.0M | $234.4M | 75x | |
| MEXC BCH_USDT | −0.0043% | 8h | 270.08 | +0.208% | $70.7M | $6.6M | 200x | as long as short |
| Extended BCH-USD | −0.0040% | 1h | 269.36 | −0.058% | $116K | $653K | 25x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 270.03 | +0.190% | $5K | $248 | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXBCHPERP | 0.0000% | 8h | 270.33 | +0.301% | $1.3M | $11.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 269.65 | +0.048% | $4K | — | 150x | as long as short |
| Gate BCH_USDT | +0.0009% | 8h | 269.53 | +0.004% | $8.4M | $14.9M | 75x | as long as short |
| GRVT BCH_USDT_Perp | +0.0016% | 8h | 269.80 | +0.104% | $393K | $17K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 269.96 | +0.164% | $241K | $2.1M | 50x | as long as short |
| Bitget BCHUSDT | +0.0023% | 8h | 269.50 | −0.007% | $19.5M | $29.5M | 75x | as long as short |
| Orderly PERP_BCH_USDC | +0.0024% | 8h | 269.50 | −0.007% | $2K | $176 | 10x | as long as short |
| OKX BCH-USDT-SWAP | +0.0059% | 8h | 269.30 | −0.081% | $26.4M | $78.2M | 50x | as long as short |
| BingX BCH-USDC | +0.0064% | 8h | 269.49 | −0.011% | — | $6.5M | — | as long as short |
| BloFin BCH-USDT | +0.0076% | 8h | 269.73 | +0.078% | $4.0M | $4.2M | 50x | as long as short |
| Nado BCH-PERP | +0.0094% | 1h | 269.51 | −0.002% | $441K | $428K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 269.52 | 0.000% | $377K | $588K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.81 | +0.110% | $6.0M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 269.84 | +0.120% | $218K | $703K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 269.91 | +0.146% | $164K | $467K | 10x | as long as short |
| KuCoin BCHUSDTMshort | +0.0100% | 8h | 269.86 | +0.127% | $9.3M | $8.0M | 75x | |
| edgeX BCHUSDC | +0.0100% | 4h | 269.79 | +0.100% | $19K | $289K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 269.90 | +0.142% | $73K | $213K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 269.32 | −0.074% | $1K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 269.48 | −0.014% | $776K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0113% | 1h | 269.76 | +0.091% | $817K | $3.2M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0335% / S −0.0340% | 1h | 269.76 | +0.089% | $27K | — | 100x | as long as short |
Binance BCHUSDT
KuCoin BCHUSDTM
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
SoDEX BCH-USD
Injective BCH/USDC PERP
Variational Omni BCH
Bybit BCHUSDT
MEXC BCH_USDT
Extended BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Gate BCH_USDT
GRVT BCH_USDT_Perp
Coinbase International BCH-PERP-INTX
Bitget BCHUSDT
OKX BCH-USDT-SWAP
BingX BCH-USDC
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]