Funding you earn now, next payment 03:00 UTC+0.0610%/8h= +66.8% APRnext payment +$0.76 per $10,000 · paid last 24h +0.082%
Price spread now: GMX against Coinbase International+0.161%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and GMX is 0.161% dearer against Coinbase International than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International BCH-PERP-INTX | 264.84 | −0.0104 | get 0.0013% / 1h | 20m 53s | $218K | $1.8M | 50x |
| Short | GMX BCH/USD [WBTC.b-USDC] | 265.27 | L +0.0350% / S −0.0506% | get 0.0063% / 1h | 20m 53s | $24K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Coinbase International. 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
- $128.16
- Price spread: +0.161% → 0.000%
- $16.14
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $122.3
- Costs to cover
- 0.220%
- Break-even
- 0.3 days
Slippage unknown: Coinbase International: live order book, 3 min ago; GMX: no order-book sample. Net counts fees only.
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 Coinbase International live order book, 3 min ago | 5.29 bp | 13.7 bp −$14 | 19.7 bp −$197 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0501% | 8h | 265.03 | +0.072% | $2K | $1.7M | 30x | as long as short |
| Phemex BCHUSDT | −0.0278% | 8h | 265.14 | +0.113% | $4.9M | $6.4M | 50x | as long as short |
| Nado BCH-PERP | −0.0255% | 1h | 265.02 | +0.070% | $431K | $342K | 10x | as long as short |
| HTX BCH-USDT | −0.0254% | 8h | 265.17 | +0.125% | $773K | $1.4M | 75x | as long as short |
| SoDEX BCH-USD | −0.0173% | 1h | 265.25 | +0.155% | $2K | $8K | 10x | as long as short |
| Coinbase International BCH-PERP-INTXlong | −0.0104% | 1h | 264.84 | long leg | $218K | $1.8M | 50x | |
| OKX BCH-USDT-SWAP | −0.0093% | 8h | 265.10 | +0.098% | $25.0M | $74.8M | 50x | as long as short |
| Extended BCH-USD | −0.0088% | 1h | 265.13 | +0.109% | $115K | $950K | 25x | as long as short |
| KuCoin BCHUSDTM | −0.0088% | 8h | 265.33 | +0.185% | $8.5M | $7.0M | 75x | as long as short |
| MEXC BCH_USDT | −0.0087% | 8h | 265.66 | +0.310% | $70.4M | $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 | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0085% | 8h | 265.38 | +0.204% | $72.2M | $214.1M | 75x | as long as short |
| Variational Omni BCH | −0.0073% | 8h | 264.90 | +0.023% | $81K | $199K | — | as long as short |
| Gate BCH_USDT | −0.0072% | 8h | 265.29 | +0.170% | $8.4M | $13.6M | 75x | as long as short |
| Bitget BCHUSDT | −0.0072% | 8h | 265.21 | +0.140% | $19.0M | $28.1M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0069% | 8h | 264.63 | −0.078% | $386K | $17K | 10x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 265.23 | +0.148% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.05 | +0.080% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.16 | +0.121% | $1.0M | $10.3M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 265.35 | +0.192% | $444K | $331K | 25x | as long as short |
| BingX BCH-USDC | +0.0008% | 8h | 265.34 | +0.189% | — | $6.5M | — | as long as short |
| Kraken Futures PF_BCHUSD | +0.0011% | 1h | 265.43 | +0.223% | $850K | $3.0M | 50x | as long as short |
| Bybit BCHUSDT | +0.0015% | 8h | 265.19 | +0.132% | $39.2M | $31.0M | 75x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.024% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0035% | 8h | 265.12 | +0.106% | $3.9M | $4.3M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0038% | 8h | 265.18 | +0.128% | $2K | $176 | 10x | as long as short |
| Pacifica BCH | +0.0077% | 1h | 264.98 | +0.055% | $159K | $307K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 265.27 | +0.162% | $359K | $488K | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 265.24 | +0.151% | $167K | $516K | 75x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.47 | +0.238% | $5.7M | $4.6M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 264.63 | −0.081% | $19K | $289K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 265.32 | +0.181% | $97K | $230K | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC]short | L +0.0350% / S −0.0506% | 1h | 265.27 | +0.161% | $24K | — | 100x |
Coinbase International BCH-PERP-INTX
GMX BCH/USD [WBTC.b-USDC]
SunX BCH-USDT
Phemex BCHUSDT
HTX BCH-USDT
SoDEX BCH-USD
OKX BCH-USDT-SWAP
Extended BCH-USD
KuCoin BCHUSDTM
MEXC BCH_USDT
Binance BCHUSDT
Variational Omni BCH
Gate BCH_USDT
Bitget BCHUSDT
GRVT BCH_USDT_Perp
gTrade (Gains Network) BCH/USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
BingX BCH-USDC
Kraken Futures PF_BCHUSD
Bybit BCHUSDT
Injective BCH/USDC PERP
BloFin BCH-USDT
Pacifica BCH
Lighter BCH
Aster BCHUSDT
Hyperliquid BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT