Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.30 per $10,000 · paid last 24h +0.005%
Price spread now: OKX against Binance−0.095%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$340.341% of the position
Funding, last 7 days+0.056%+$6 on $10k
+Price spread, last 7 days+0.088%+$9 · spread now −0.095%, 7d avg −0.024%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.071% cheaper against Binance than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.024%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.056%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BCHUSDT | 262.95 | −0.0052 | get 0.0052% / 8h | 2h 33m | $72.7M | $219.4M | 75x |
| Short | OKX BCH-USDT-SWAP | 262.70 | −0.0082 | pay 0.0082% / 8h | 2h 33m | $25.0M | $76.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$6.29
- Price spread: −0.095% → −0.024%
- −$7.06
- Slippage, 4 orders
- −$14.14
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$47.49
- Costs to cover
- 0.341%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; OKX: 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, 9 min ago | 0.19 bp | 7.7 bp −$8 | 15.9 bp −$159 | 41.2 bp −$4,117 | 121.0 bp −$60.5K |
| Sell OKX live order book, 5 min ago | 1.90 bp | 8.9 bp −$9 | 16.8 bp −$168 | 91.2 bp −$9,124 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX BCH-USD | −0.0232% | 1h | 263.31 | +0.137% | $2K | $8K | 10x | as long as short |
| HTX BCH-USDT | −0.0231% | 8h | 263.34 | +0.148% | $769K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0196% | 8h | 263.36 | +0.156% | $5.0M | $6.5M | 50x | as long as short |
| Bitget BCHUSDT | −0.0113% | 8h | 262.82 | −0.049% | $18.7M | $28.4M | 75x | as long as short |
| Nado BCH-PERP | −0.0107% | 1h | 263.51 | +0.213% | $430K | $350K | 10x | as long as short |
| KuCoin BCHUSDTM | −0.0102% | 8h | 263.39 | +0.167% | $8.4M | $6.8M | 75x | as long as short |
| SunX BCH-USDT | −0.0097% | 8h | 263.52 | +0.217% | $2K | $1.7M | 30x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0084% | 1h | 263.40 | +0.170% | $438K | $333K | 25x | as long as short |
| OKX BCH-USDT-SWAPshort | −0.0082% | 8h | 262.70 | −0.095% | $25.0M | $76.4M | 50x | |
| Variational Omni BCH | −0.0071% | 8h | 263.91 | +0.365% | $81K | $196K | — | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDTlong | −0.0052% | 8h | 262.95 | long leg | $72.7M | $219.4M | 75x | |
| MEXC BCH_USDT | −0.0051% | 8h | 263.77 | +0.312% | $69.7M | $8.0M | 200x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 262.78 | −0.065% | $111K | $1.1M | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0040% | 1h | 263.98 | +0.392% | $219K | $1.8M | 50x | as long as short |
| Bybit BCHUSDT | −0.0029% | 8h | 262.90 | −0.019% | $38.7M | $31.5M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0023% | 8h | 264.12 | +0.445% | $385K | $17K | 10x | as long as short |
| BingX BCH-USDT | −0.0018% | 8h | 263.35 | +0.152% | — | $32.9M | — | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 263.56 | +0.232% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 263.86 | +0.347% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 264.07 | +0.426% | $985K | $10.4M | 2.7x | as long as short |
| Gate BCH_USDT | +0.0007% | 8h | 263.32 | +0.141% | $8.3M | $13.7M | 75x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.757% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0046% | 8h | 263.40 | +0.171% | $2K | $176 | 10x | as long as short |
| BloFin BCH-USDT | +0.0068% | 8h | 264.50 | +0.589% | $3.9M | $4.4M | 50x | as long as short |
| Aster BCHUSDT | +0.0072% | 8h | 263.14 | +0.072% | $153K | $557K | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 263.36 | +0.155% | $353K | $495K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 263.44 | +0.186% | $5.6M | $4.6M | 10x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 263.66 | +0.269% | $159K | $306K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 263.98 | +0.392% | $18K | $330K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 264.23 | +0.487% | $96K | $235K | 50x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0180% | 1h | 263.49 | +0.205% | $842K | $3.0M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0202% / S −0.0147% | 1h | 263.55 | +0.229% | $12K | — | 100x | as long as short |
Binance BCHUSDT
OKX BCH-USDT-SWAP
SoDEX BCH-USD
HTX BCH-USDT
Phemex BCHUSDT
Bitget BCHUSDT
KuCoin BCHUSDTM
SunX BCH-USDT
Deribit BCH_USDC-PERPETUAL
Variational Omni BCH
MEXC BCH_USDT
Extended BCH-USD
Coinbase International BCH-PERP-INTX
Bybit BCHUSDT
GRVT BCH_USDT_Perp
BingX BCH-USDT
gTrade (Gains Network) BCH/USD
Kalshi KXBCHPERP
Gate BCH_USDT
Injective BCH/USDC PERP
BloFin BCH-USDT
Aster BCHUSDT
Lighter BCH
Hyperliquid BCH
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]