BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.080%

Price spread now: ApeX Omni against Deribit+0.184%74s7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$15as 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−$430.425% of the position

Long on Deribit Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.279%+$28 on $10k

Price spread, last 4 days (all we have)+0.008%+$1 · spread now +0.184%, 7d avg +0.024%

Together, before fees+0.287%+$29 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.159% dearer against Deribit than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.024%. The two prices were read 74 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	Deribit BCH_USDC-PERPETUAL	267.35	0	get 0.0000% / 1h	33m 42s	$420K	$359K	25x
Short	ApeX Omni BCHUSDT	267.84	0.0100	get 0.0013% / 1h	33m 42s	$97K	$241K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Deribit. 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 DeribitbpFee ApeX OmnibpOrdersPrice spread, now +0.184%Rate

Funding earned: $21
Price spread: +0.184% → +0.024%: $15.93
Slippage, 4 orders: −$25.51
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$5.58
Costs to cover: 0.425%
Break-even: 8.9 days

Slippage from Deribit: live order book, 60 min ago; ApeX Omni: live order book, 63 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 Deribit live order book, 60 min ago	3.68 bp	8.7 bp −$9	15.9 bp −$159	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 63 min ago	4.54 bp	12.4 bp −$12	102.8 bp −$1,028	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
SoDEX BCH-USD	−0.0367%	1h	266.94	−0.153%	$2K	$8K	10x	as long as short
GRVT BCH_USDT_Perp	−0.0192%	8h	267.51	+0.060%	$390K	$17K	10x	as long as short
Kraken Futures PF_BCHUSD	−0.0158%	1h	267.20	−0.055%	$871K	$2.7M	50x	as long as short
Phemex BCHUSDT	−0.0134%	8h	266.85	−0.187%	$4.9M	$6.5M	50x	as long as short
Variational Omni BCH	−0.0129%	8h	266.91	−0.166%	$149K	$262K	—	as long as short
OKX BCH-USDT-SWAP	−0.0091%	8h	266.10	−0.467%	$25.2M	$78.1M	50x	as long as short
KuCoin BCHUSDTM	−0.0074%	8h	266.36	−0.370%	$8.5M	$6.2M	75x	as long as short
Bitget BCHUSDT	−0.0071%	8h	266.19	−0.434%	$19.2M	$27.2M	75x	as long as short
Extended BCH-USD	−0.0056%	1h	266.03	−0.494%	$119K	$912K	25x	as long as short
Binance BCHUSDT	−0.0054%	8h	266.28	−0.400%	$73.6M	$216.1M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BCH_USDT	−0.0053%	8h	266.88	−0.175%	$71.5M	$9.3M	200x	as long as short
Gate BCH_USDT	−0.0044%	8h	266.35	−0.374%	$8.3M	$12.9M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	267.08	−0.099%	$15K	—	150x	as long as short
Pacifica BCH	−0.0002%	1h	266.26	−0.407%	$155K	$296K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	266.50	−0.318%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	267.19	−0.059%	$1.0M	$9.1M	2.7x	as long as short
Deribit BCH_USDC-PERPETUALlong	0.0000%	1h	267.35	long leg	$420K	$359K	25x
Aster BCHUSDT	+0.0007%	8h	266.63	−0.270%	$143K	$574K	75x	as long as short
Bybit BCHUSDT	+0.0031%	8h	266.25	−0.411%	$39.4M	$32.2M	75x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.066%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0044%	8h	267.16	−0.071%	$2K	—	10x	as long as short
BloFin BCH-USDT	+0.0067%	8h	266.84	−0.190%	$3.5M	$5.1M	50x	as long as short
Coinbase International BCH-PERP-INTX	+0.0088%	1h	268.36	+0.378%	$304K	$2.1M	50x	as long as short
Lighter BCH	+0.0096%	1h	266.42	−0.348%	$375K	$495K	10x	as long as short
Nado BCH-PERP	+0.0100%	1h	267.10	−0.093%	$429K	$352K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	266.55	−0.299%	$5.8M	$4.7M	10x	as long as short
BingX BCH-USDC	+0.0100%	8h	266.26	−0.407%	—	$6.5M	—	as long as short
edgeX BCHUSDC	+0.0100%	4h	267.51	+0.062%	$19K	$345K	20x	as long as short
ApeX Omni BCHUSDTshort	+0.0100%	1h	267.84	+0.184%	$97K	$241K	50x
SunX BCH-USDT	+0.0100%	8h	266.60	−0.280%	$2K	$1.6M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	266.97	−0.142%	$778K	$1.4M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	267.04	−0.116%	$12K	—	100x	as long as short