BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0078%/8h= −8.5% APRnext payment −$0.78 per $10,000 · paid last 24h −0.031%

Price spread now: Gate against BloFin−0.027%78s7-day average +0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$70as 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−$500.498% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.206%−$21 on $10k

Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.027%, 7d avg +0.012%

Together, before fees−0.157%−$16 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.039% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.012%). Swap the legs. The two prices were read 78 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	BloFin BCH-USDT	263.81	0.0059	pay 0.0059% / 8h	2h 53m	$3.9M	$4.4M	50x
Short	Gate BCH_USDT	263.74	−0.0019	pay 0.0019% / 8h	2h 53m	$8.3M	$13.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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 BloFinbpFee GatebpOrdersPrice spread, now −0.027%Rate

Funding earned: −$16.35
Price spread: −0.027% → +0.012%: −$3.9
Slippage, 4 orders: −$22.81
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$70.06
Costs to cover: 0.498%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; Gate: 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 BloFin live order book, 5 min ago	0.95 bp	13.1 bp −$13	22.6 bp −$226	43.1 bp −$4,305	doesn't fit
Sell Gate live order book, 5 min ago	2.09 bp	13.9 bp −$14	22.2 bp −$222	60.7 bp −$6,066	82.5 bp −$41.3K

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
HTX BCH-USDT	−0.0242%	8h	263.34	−0.178%	$771K	$1.4M	75x	as long as short
Phemex BCHUSDT	−0.0199%	8h	263.52	−0.110%	$4.9M	$6.5M	50x	as long as short
Nado BCH-PERP	−0.0193%	1h	263.45	−0.135%	$430K	$349K	10x	as long as short
SunX BCH-USDT	−0.0146%	8h	263.33	−0.182%	$2K	$1.7M	30x	as long as short
SoDEX BCH-USD	−0.0143%	1h	263.52	−0.110%	$2K	$8K	10x	as long as short
Bitget BCHUSDT	−0.0106%	8h	263.49	−0.121%	$18.8M	$28.3M	75x	as long as short
KuCoin BCHUSDTM	−0.0104%	8h	263.58	−0.087%	$8.4M	$6.8M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0078%	8h	263.60	−0.080%	$25.1M	$76.1M	50x	as long as short
Variational Omni BCH	−0.0069%	8h	263.70	−0.040%	$81K	$196K	—	as long as short
Extended BCH-USD	−0.0064%	1h	263.44	−0.140%	$111K	$1.1M	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BCHUSDT	−0.0061%	8h	263.62	−0.072%	$71.6M	$216.3M	75x	as long as short
MEXC BCH_USDT	−0.0061%	8h	264.05	+0.091%	$69.8M	$8.0M	200x	as long as short
Coinbase International BCH-PERP-INTX	−0.0040%	1h	263.82	+0.004%	$219K	$1.8M	50x	as long as short
GRVT BCH_USDT_Perp	−0.0036%	8h	263.84	+0.010%	$385K	$17K	10x	as long as short
Gate BCH_USDTshort	−0.0019%	8h	263.74	−0.027%	$8.3M	$13.6M	75x
Bybit BCHUSDT	−0.0015%	8h	263.60	−0.080%	$38.8M	$31.3M	75x	as long as short
BingX BCH-USDC	−0.0008%	8h	263.67	−0.053%	—	$6.5M	—	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	263.63	−0.068%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	263.75	−0.021%	$5K	$243	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	263.89	+0.030%	$987K	$10.4M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	263.66	−0.056%	$441K	$332K	25x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.422%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0046%	8h	263.47	−0.129%	$2K	$176	10x	as long as short
BloFin BCH-USDTlong	+0.0059%	8h	263.81	long leg	$3.9M	$4.4M	50x
Aster BCHUSDT	+0.0073%	8h	263.77	−0.015%	$152K	$549K	75x	as long as short
Lighter BCH	+0.0096%	1h	263.55	−0.098%	$353K	$495K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	263.87	+0.023%	$5.7M	$4.6M	10x	as long as short
Pacifica BCH	+0.0100%	1h	263.55	−0.098%	$158K	$305K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	263.58	−0.087%	$18K	$329K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	263.88	+0.027%	$96K	$234K	50x	as long as short
Kraken Futures PF_BCHUSD	+0.0180%	1h	263.72	−0.036%	$846K	$3.0M	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	263.58	−0.086%	$12K	—	100x	as long as short