Funding you earn now, next payment 08:00 UTC−0.0186%/8h= −20.4% APRnext payment −$1.86 per $10,000 · paid last 24h +0.008%
Price spread now: HTX against Bitget+0.162%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$810.812% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 4 days (all we have)−0.261%−$26 · spread now +0.162%, 7d avg −0.004%
=The price spread pays, funding is against you. HTX is 0.166% dearer against Bitget than usual: you sell high and buy low (spread +0.162% now, against its 7-day average of −0.004%): +$17 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.116%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.116% in total (about 6.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.86 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 | Bitget BCHUSDT | 264.76 | −0.0075 | get 0.0075% / 8h | 4h 24m | $19.0M | $28.1M | 75x |
| Short | HTX BCH-USDT | 265.19 | −0.0261 | pay 0.0261% / 8h | 4h 24m | $773K | $1.4M | 75x |
Bitget BCHUSDT
HTX BCH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bitget. 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
- −$39.07
- Price spread: +0.162% → −0.004%
- $16.63
- Slippage, 4 orders
- −$57.25
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$103.68
- Costs to cover
- 0.812%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; HTX: live order book, 4 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 Bitget live order book, 4 min ago | 0.94 bp | 11.1 bp −$11 | 20.7 bp −$207 | 55.5 bp −$5,552 | doesn't fit |
| Sell HTX live order book, 4 min ago | 10.16 bp | 40.4 bp −$40 | 262.5 bp −$2,625 | 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-USDT | −0.0539% | 8h | 265.08 | +0.121% | $2K | $1.7M | 30x | as long as short |
| Phemex BCHUSDT | −0.0293% | 8h | 265.27 | +0.193% | $4.9M | $6.4M | 50x | as long as short |
| HTX BCH-USDTshort | −0.0261% | 8h | 265.19 | +0.162% | $773K | $1.4M | 75x | |
| Nado BCH-PERP | −0.0254% | 1h | 264.95 | +0.072% | $431K | $342K | 10x | as long as short |
| SoDEX BCH-USD | −0.0214% | 1h | 265.14 | +0.144% | $2K | $8K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0104% | 1h | 265.29 | +0.200% | $219K | $1.8M | 50x | as long as short |
| OKX BCH-USDT-SWAP | −0.0097% | 8h | 264.90 | +0.053% | $25.0M | $74.7M | 50x | as long as short |
| KuCoin BCHUSDTM | −0.0092% | 8h | 265.01 | +0.094% | $8.5M | $7.0M | 75x | as long as short |
| Binance BCHUSDT | −0.0089% | 8h | 264.99 | +0.087% | $72.1M | $214.0M | 75x | as long as short |
| MEXC BCH_USDT | −0.0089% | 8h | 265.36 | +0.227% | $70.2M | $7.8M | 200x | as long as short |
SunX BCH-USDT
Phemex BCHUSDT
Nado BCH-PERP
SoDEX BCH-USD
Coinbase International BCH-PERP-INTX
OKX BCH-USDT-SWAP
KuCoin BCHUSDTM
Binance BCHUSDT
MEXC BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0088% | 1h | 264.75 | −0.005% | $115K | $950K | 25x | as long as short |
| Gate BCH_USDT | −0.0080% | 8h | 264.87 | +0.042% | $8.3M | $13.6M | 75x | as long as short |
| Variational Omni BCH | −0.0078% | 8h | 265.10 | +0.129% | $81K | $201K | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0076% | 8h | 265.47 | +0.268% | $387K | $17K | 10x | as long as short |
| Bitget BCHUSDTlong | −0.0075% | 8h | 264.76 | long leg | $19.0M | $28.1M | 75x | |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 265.33 | +0.216% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.13 | +0.138% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.45 | +0.261% | $1.0M | $10.3M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 265.24 | +0.181% | $444K | $331K | 25x | as long as short |
| Bybit BCHUSDT | +0.0007% | 8h | 264.90 | +0.053% | $39.1M | $31.0M | 75x | as long as short |
| BingX BCH-USDC | +0.0008% | 8h | 264.82 | +0.023% | — | $6.5M | — | as long as short |
| Kraken Futures PF_BCHUSD | +0.0011% | 1h | 265.38 | +0.233% | $850K | $3.0M | 50x | as long as short |
| BloFin BCH-USDT | +0.0030% | 8h | 264.98 | +0.083% | $3.9M | $4.3M | 50x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.055% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0036% | 8h | 265.10 | +0.128% | $2K | $176 | 10x | as long as short |
| Pacifica BCH | +0.0077% | 1h | 264.96 | +0.077% | $159K | $307K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 264.95 | +0.070% | $359K | $488K | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 264.84 | +0.029% | $167K | $516K | 75x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.19 | +0.162% | $5.7M | $4.6M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 265.46 | +0.264% | $19K | $288K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 265.47 | +0.268% | $97K | $230K | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0350% / S −0.0506% | 1h | 265.28 | +0.195% | $24K | — | 100x | as long as short |
Extended BCH-USD
Gate BCH_USDT
Variational Omni BCH
GRVT BCH_USDT_Perp
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Bybit BCHUSDT
BingX BCH-USDC
Kraken Futures PF_BCHUSD
BloFin BCH-USDT
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
Pacifica BCH
Lighter BCH
Aster BCHUSDT
Hyperliquid BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
GMX BCH/USD [WBTC.b-USDC]