Funding you earn now, next payment 00:00 UTC+0.0066%/8h= +7.2% APRnext payment +$0.66 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit+0.199%7-day average +0.222% · 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−$38as in the Price arb table
costs, in and out, $10k−$350.353% of the position
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 7 days−0.022%−$2 · spread now +0.199%, 7d avg +0.222%
=Funding pays, the price is against you. MEXC is 0.023% cheaper against Bybit than usual: you would sell low and buy high (spread +0.199% now, against its 7-day average of +0.222%). If the spread goes back, that is −$2 on $10k: about 28 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BCHUSDT | 265.83 | −0.0086 | get 0.0086% / 8h | 21m 36s | $39.2M | $32.9M | 75x |
| Short | MEXC BCH_USDT | 266.36 | −0.0020 | pay 0.0020% / 8h | 21m 36s | $69.8M | $6.9M | 200x |
Bybit BCHUSDT
MEXC BCH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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
- $13.81
- Price spread: +0.199% → +0.222%
- −$2.27
- Slippage, 4 orders
- −$20.33
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$23.79
- Costs to cover
- 0.353%
- Break-even
- 19.1 days
Slippage from Bybit: live order book, 2 min ago; MEXC: live order book, 2 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 Bybit live order book, 2 min ago | 1.89 bp | 10.3 bp −$10 | 21.9 bp −$219 | 70.5 bp −$7,046 | doesn't fit |
| Sell MEXC live order book, 2 min ago | 4.51 bp | 7.3 bp −$7 | 14.8 bp −$148 | 43.9 bp −$4,391 | 96.0 bp −$48.0K |
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 | −0.0366% | 1h | 266.04 | +0.079% | $449K | $266K | 25x | as long as short |
| ApeX Omni BCHUSDT | −0.0248% | 1h | 265.74 | −0.034% | $72K | $213K | 50x | as long as short |
| SoDEX BCH-USD | −0.0238% | 1h | 265.86 | +0.011% | $2K | $6K | 10x | as long as short |
| Variational Omni BCH | −0.0145% | 8h | 266.12 | +0.109% | $82K | $292K | — | as long as short |
| Kraken Futures PF_BCHUSD | −0.0126% | 1h | 266.15 | +0.122% | $848K | $3.1M | 50x | as long as short |
| Phemex BCHUSDT | −0.0090% | 8h | 266.10 | +0.102% | $4.8M | $6.4M | 50x | as long as short |
| Bybit BCHUSDTlong | −0.0086% | 8h | 265.83 | long leg | $39.2M | $32.9M | 75x | |
| Injective BCH/USDC PERP | −0.0054% | 1h | 270.20 | +1.644% | $721 | $130K | 12x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0032% | 1h | 265.43 | −0.150% | $223K | $2.1M | 50x | as long as short |
| Extended BCH-USD | −0.0024% | 1h | 265.69 | −0.053% | $114K | $652K | 25x | as long as short |
Deribit BCH_USDC-PERPETUAL
ApeX Omni BCHUSDT
SoDEX BCH-USD
Variational Omni BCH
Kraken Futures PF_BCHUSD
Phemex BCHUSDT
Injective BCH/USDC PERP
Coinbase International BCH-PERP-INTX
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDTshort | −0.0020% | 8h | 266.36 | +0.199% | $69.8M | $6.9M | 200x | |
| Binance BCHUSDT | −0.0019% | 8h | 265.83 | −0.002% | $72.9M | $232.9M | 75x | as long as short |
| Gate BCH_USDT | −0.0010% | 8h | 265.94 | +0.041% | $8.3M | $14.8M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 266.06 | +0.087% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 266.24 | +0.154% | $1.2M | $11.7M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 266.26 | +0.162% | $4K | — | 150x | as long as short |
| Bitget BCHUSDT | +0.0025% | 8h | 265.76 | −0.026% | $19.0M | $30.0M | 75x | as long as short |
| GRVT BCH_USDT_Perp | +0.0026% | 8h | 266.22 | +0.148% | $388K | $17K | 10x | as long as short |
| Orderly PERP_BCH_USDC | +0.0028% | 8h | 265.94 | +0.041% | $2K | $176 | 10x | as long as short |
| OKX BCH-USDT-SWAP | +0.0038% | 8h | 265.70 | −0.049% | $25.8M | $78.0M | 50x | as long as short |
| BingX BCH-USDT | +0.0039% | 8h | 265.82 | −0.004% | — | $31.2M | — | as long as short |
| Nado BCH-PERP | +0.0083% | 1h | 265.73 | −0.038% | $443K | $435K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 265.88 | +0.019% | $367K | $557K | 10x | as long as short |
| BloFin BCH-USDT | +0.0099% | 8h | 265.27 | −0.211% | $3.9M | $4.2M | 50x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 266.22 | +0.147% | $6.0M | $4.4M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 265.87 | +0.016% | $212K | $674K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 265.89 | +0.024% | $162K | $440K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 265.99 | +0.060% | $9.0M | $7.8M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 265.71 | −0.047% | $19K | $290K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 265.94 | +0.041% | $1K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 265.94 | +0.041% | $772K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0332% / S −0.0451% | 1h | 266.17 | +0.130% | $25K | — | 100x | as long as short |
Binance BCHUSDT
Gate BCH_USDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Bitget BCHUSDT
GRVT BCH_USDT_Perp
Orderly PERP_BCH_USDC
OKX BCH-USDT-SWAP
BingX BCH-USDT
Nado BCH-PERP
Lighter BCH
BloFin BCH-USDT
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]