Funding you earn now, next payment 03:00 UTC+0.0015%/8h= +1.6% APRpaid last 24h +0.023%
Price spread now: KuCoin against Coinbase International+0.359%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$620.619% of the position
Funding, last 7 days+0.101%+$10 on $10k
+Price spread, last 4 days (all we have)−0.190%−$19 · spread now +0.359%, 7d avg −0.009%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and KuCoin is 0.368% dearer against Coinbase International than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of −0.009%.
| 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 | 14m 30s | $218K | $1.8M | 50x |
| Short | KuCoin BCHUSDTM | 265.79 | −0.0089 | pay 0.0089% / 8h | 4h 14m | $8.5M | $7.0M | 75x |
Coinbase International BCH-PERP-INTX
KuCoin BCHUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $3.15
- Price spread: +0.359% → −0.009%
- $36.79
- Slippage, 4 orders
- −$39.94
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$22
- Costs to cover
- 0.619%
- Break-even
- 55.9 days
Slippage from Coinbase International: live order book, 4 min ago; KuCoin: 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 Coinbase International live order book, 4 min ago | 5.09 bp | 13.5 bp −$13 | 17.7 bp −$177 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 2.26 bp | 16.6 bp −$17 | 61.5 bp −$615 | 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 | −0.0450% | 8h | 265.25 | +0.155% | $2K | $1.7M | 30x | as long as short |
| Phemex BCHUSDT | −0.0290% | 8h | 265.48 | +0.242% | $4.9M | $6.4M | 50x | as long as short |
| Nado BCH-PERP | −0.0246% | 1h | 265.56 | +0.274% | $432K | $342K | 10x | as long as short |
| HTX BCH-USDT | −0.0242% | 8h | 265.71 | +0.329% | $775K | $1.4M | 75x | as long as short |
| SoDEX BCH-USD | −0.0205% | 1h | 265.42 | +0.219% | $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 | −0.0091% | 8h | 265.40 | +0.211% | $25.1M | $74.9M | 50x | as long as short |
| KuCoin BCHUSDTMshort | −0.0089% | 8h | 265.79 | +0.359% | $8.5M | $7.0M | 75x | |
| Binance BCHUSDT | −0.0081% | 8h | 265.53 | +0.261% | $72.3M | $214.2M | 75x | as long as short |
| Extended BCH-USD | −0.0080% | 1h | 265.37 | +0.200% | $112K | $956K | 25x | as long as short |
SunX BCH-USDT
Phemex BCHUSDT
Nado BCH-PERP
HTX BCH-USDT
SoDEX BCH-USD
OKX BCH-USDT-SWAP
Binance BCHUSDT
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0080% | 8h | 266.07 | +0.464% | $70.6M | $7.9M | 200x | as long as short |
| Variational Omni BCH | −0.0075% | 8h | 265.30 | +0.175% | $81K | $199K | — | as long as short |
| Bitget BCHUSDT | −0.0070% | 8h | 265.56 | +0.272% | $19.0M | $28.1M | 75x | as long as short |
| Gate BCH_USDT | −0.0059% | 8h | 265.61 | +0.291% | $8.4M | $13.6M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0055% | 8h | 265.55 | +0.268% | $387K | $17K | 10x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 265.66 | +0.310% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.68 | +0.319% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.78 | +0.355% | $1.0M | $10.3M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 265.71 | +0.330% | $445K | $331K | 25x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0011% | 1h | 265.66 | +0.310% | $851K | $3.0M | 50x | as long as short |
| BingX BCH-USDT | +0.0015% | 8h | 265.56 | +0.272% | — | $32.1M | — | as long as short |
| Bybit BCHUSDT | +0.0021% | 8h | 265.46 | +0.234% | $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 |
| Orderly PERP_BCH_USDC | +0.0038% | 8h | 265.53 | +0.261% | $2K | $176 | 10x | as long as short |
| BloFin BCH-USDT | +0.0039% | 8h | 265.43 | +0.223% | $3.9M | $4.3M | 50x | as long as short |
| Pacifica BCH | +0.0077% | 1h | 265.63 | +0.298% | $160K | $304K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 265.62 | +0.295% | $358K | $489K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.74 | +0.340% | $5.7M | $4.6M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 265.68 | +0.317% | $167K | $516K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 265.40 | +0.213% | $19K | $290K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 265.56 | +0.272% | $97K | $230K | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0351% / S −0.0506% | 1h | 265.75 | +0.342% | $24K | — | 100x | as long as short |
MEXC BCH_USDT
Variational Omni BCH
Bitget BCHUSDT
Gate BCH_USDT
GRVT BCH_USDT_Perp
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Kraken Futures PF_BCHUSD
BingX BCH-USDT
Bybit BCHUSDT
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
BloFin BCH-USDT
Pacifica BCH
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
edgeX BCHUSDC
ApeX Omni BCHUSDT
GMX BCH/USD [WBTC.b-USDC]