BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0440%/8h= −48.2% APRnext payment −$4.40 per $10,000 · paid last 24h +0.006%

Price spread now: SunX against Binance−0.015%46s7-day average −0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$870.870% of the position

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.155%+$16 on $10k

Price spread, last 4 days (all we have)−0.089%−$9 · spread now −0.015%, 7d avg −0.031%

Together, before fees+0.067%+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.031%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.155%, so the current rate has only just turned against you. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.155% in total (about 8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.40 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BCHUSDT	264.63	−0.0089	get 0.0089% / 8h	4h 23m	$72.0M	$214.0M	75x
Short	SunX BCH-USDT	264.59	−0.0529	pay 0.0529% / 8h	4h 23m	$1K	$1.7M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Binance. 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 BinancebpFee SunXbpOrdersPrice spread, now −0.015%Rate

Funding earned: −$92.45
Price spread: −0.015% → −0.031%: $1.57
Slippage, 4 orders: −$69
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$177.88
Costs to cover: 0.870%
Break-even: never at this rate

Slippage from Binance: live order book, 5 min ago; SunX: live order book, 12 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	8.2 bp −$8	16.7 bp −$167	48.3 bp −$4,832	141.9 bp −$70.9K
Sell SunX live order book, 12 min ago	19.54 bp	29.0 bp −$29	doesn't fit	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
SunX BCH-USDTshort	−0.0529%	8h	264.59	−0.015%	$1K	$1.7M	30x
Phemex BCHUSDT	−0.0285%	8h	264.93	+0.113%	$4.9M	$6.4M	50x	as long as short
HTX BCH-USDT	−0.0260%	8h	264.82	+0.072%	$772K	$1.4M	75x	as long as short
Nado BCH-PERP	−0.0254%	1h	264.64	+0.003%	$431K	$342K	10x	as long as short
SoDEX BCH-USD	−0.0212%	1h	264.81	+0.068%	$2K	$8K	10x	as long as short
Coinbase International BCH-PERP-INTX	−0.0104%	1h	265.29	+0.249%	$219K	$1.8M	50x	as long as short
OKX BCH-USDT-SWAP	−0.0096%	8h	264.60	−0.011%	$24.9M	$74.6M	50x	as long as short
KuCoin BCHUSDTM	−0.0090%	8h	264.66	+0.011%	$8.5M	$7.0M	75x	as long as short
Binance BCHUSDTlong	−0.0089%	8h	264.63	long leg	$72.0M	$214.0M	75x
MEXC BCH_USDT	−0.0089%	8h	264.90	+0.102%	$70.2M	$7.8M	200x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BCH-USD	−0.0088%	1h	264.45	−0.070%	$115K	$950K	25x	as long as short
Gate BCH_USDT	−0.0078%	8h	264.67	+0.015%	$8.3M	$13.6M	75x	as long as short
Variational Omni BCH	−0.0078%	8h	265.10	+0.178%	$81K	$201K	—	as long as short
GRVT BCH_USDT_Perp	−0.0076%	8h	265.47	+0.317%	$387K	$17K	10x	as long as short
Bitget BCHUSDT	−0.0074%	8h	264.56	−0.026%	$19.0M	$28.1M	75x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0041%	1h	264.88	+0.093%	$443K	$331K	25x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	264.93	+0.114%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	264.75	+0.044%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	265.16	+0.200%	$1.0M	$10.3M	2.7x	as long as short
BingX BCH-USDC	+0.0008%	8h	264.57	−0.023%	—	$6.5M	—	as long as short
Bybit BCHUSDT	+0.0009%	8h	264.50	−0.049%	$39.1M	$31.0M	75x	as long as short
Kraken Futures PF_BCHUSD	+0.0011%	1h	265.07	+0.166%	$849K	$3.0M	50x	as long as short
BloFin BCH-USDT	+0.0030%	8h	264.98	+0.132%	$3.9M	$4.3M	50x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.105%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0037%	8h	264.72	+0.034%	$2K	$176	10x	as long as short
Pacifica BCH	+0.0077%	1h	264.78	+0.057%	$159K	$307K	10x	as long as short
Lighter BCH	+0.0096%	1h	264.74	+0.040%	$358K	$488K	10x	as long as short
Aster BCHUSDT	+0.0099%	8h	264.59	−0.016%	$166K	$516K	75x	as long as short
Hyperliquid BCH	+0.0100%	1h	264.87	+0.091%	$5.7M	$4.6M	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	265.13	+0.190%	$19K	$288K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	265.32	+0.261%	$97K	$230K	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0350% / S −0.0506%	1h	264.82	+0.071%	$24K	—	100x	as long as short