Funding you earn now, next payment 01:00 UTC+0.0014%/8h= +1.6% APRpaid last 24h +0.002%
Price spread now: Nado against Bybit+0.086%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$360.364% of the position
Funding, last 3 days (all we have)−0.050%−$5 on $10k
+Price spread, last 3 days (all we have)+0.004%$0 · spread now +0.086%, 7d avg +0.004%
=Together, before fees−0.046%+ Points / potential airdropNado: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Nado is 0.082% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BCHUSDT | 269.01 | −0.0015 | get 0.0015% / 8h | 7h 33m | $39.8M | $32.6M | 75x |
| Short | Nado BCH-PERP | 269.24 | 0.0000 | pay 0.0000% / 1h | 33m 22s | $442K | $420K | 10x |
Bybit BCHUSDT
Nado BCH-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- $2.99
- Price spread: +0.086% → +0.004%
- $8.23
- Slippage, 4 orders
- −$18.43
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$25.2
- Costs to cover
- 0.364%
- Break-even
- 65.9 days
Slippage from Bybit: live order book, 5 min ago; Nado: live order book, 40 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, 5 min ago | 1.87 bp | 11.0 bp −$11 | 20.9 bp −$209 | 64.9 bp −$6,486 | doesn't fit |
| Sell Nado live order book, 40 min ago | 0.75 bp | 6.9 bp −$7 | 17.5 bp −$175 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex BCHUSDT | −0.0776% | 8h | 269.22 | +0.078% | $4.9M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0506% | 1h | 269.21 | +0.074% | $2K | $6K | 10x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0270% | 1h | 269.34 | +0.123% | $455K | $266K | 25x | as long as short |
| HTX BCH-USDT | −0.0214% | 8h | 269.06 | +0.019% | $782K | $1.6M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0180% | 8h | 268.67 | −0.127% | $391K | $17K | 10x | as long as short |
| ApeX Omni BCHUSDT | −0.0171% | 1h | 268.26 | −0.279% | $73K | $214K | 50x | as long as short |
| Variational Omni BCH | −0.0127% | 8h | 268.51 | −0.186% | $82K | $285K | — | as long as short |
| Gate BCH_USDT | −0.0058% | 8h | 269.23 | +0.082% | $8.5M | $14.2M | 75x | as long as short |
| Extended BCH-USD | −0.0056% | 1h | 268.79 | −0.080% | $117K | $1.0M | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 268.58 | −0.160% | $227K | $2.1M | 50x | as long as short |
Phemex BCHUSDT
SoDEX BCH-USD
Deribit BCH_USDC-PERPETUAL
HTX BCH-USDT
GRVT BCH_USDT_Perp
ApeX Omni BCHUSDT
Variational Omni BCH
Gate BCH_USDT
Extended BCH-USD
Coinbase International BCH-PERP-INTXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0055% | 8h | 269.02 | +0.005% | $72.9M | $230.2M | 75x | as long as short |
| MEXC BCH_USDT | −0.0054% | 8h | 269.68 | +0.249% | $70.6M | $6.6M | 200x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 269.40 | +0.146% | $859K | $3.1M | 50x | as long as short |
| Bybit BCHUSDTlong | −0.0015% | 8h | 269.01 | long leg | $39.8M | $32.6M | 75x | |
| Bitget BCHUSDT | −0.0009% | 8h | 269.18 | +0.063% | $19.3M | $29.4M | 75x | as long as short |
| Nado BCH-PERPshort | 0.0000% | 1h | 269.24 | +0.086% | $442K | $420K | 10x | |
| dYdX BCH-USD | 0.0000% | 1h | 269.39 | +0.141% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 269.55 | +0.201% | $1.1M | $10.9M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 269.15 | +0.051% | $4K | — | 150x | as long as short |
| BingX BCH-USDC | +0.0020% | 8h | 269.08 | +0.026% | — | $6.5M | — | as long as short |
| OKX BCH-USDT-SWAP | +0.0023% | 8h | 268.80 | −0.078% | $26.1M | $77.0M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0031% | 8h | 268.99 | −0.007% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.442% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0065% | 8h | 268.83 | −0.067% | $3.9M | $4.3M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 269.26 | +0.093% | $371K | $529K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.57 | +0.208% | $6.0M | $4.4M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 269.33 | +0.120% | $178K | $666K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 269.30 | +0.108% | $164K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 269.40 | +0.145% | $9.0M | $7.6M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 268.60 | −0.152% | $19K | $291K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 269.01 | 0.000% | $1K | $1.9M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0334% / S −0.0451% | 1h | 269.11 | +0.036% | $25K | — | 100x | as long as short |
Binance BCHUSDT
MEXC BCH_USDT
Kraken Futures PF_BCHUSD
Bitget BCHUSDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
BingX BCH-USDC
OKX BCH-USDT-SWAP
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]