BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.01 per $10,000 · paid last 24h +0.057%

Price spread now: Nado against Deribit−0.042%46s7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$340.342% of the position

Long on Deribit Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.091%+$9 on $10k

Price spread, last 4 days (all we have)−0.003%$0 · spread now −0.042%, 7d avg −0.050%

Together, before fees+0.088%+ Points / potential airdropNado: Active · farm board+$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.050%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.091%, so the current rate has only just turned against you. The two prices were read 46 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	265.00	−0.0003	get 0.0000% / 1h	3m 37s	$441K	$337K	25x
Short	Nado BCH-PERP	264.88	−0.0012	pay 0.0001% / 1h	3m 37s	$434K	$357K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.042%Rate

Funding earned: −$1.93
Price spread: −0.042% → −0.050%: $0.75
Slippage, 4 orders: −$20.22
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$35.4
Costs to cover: 0.342%
Break-even: never at this rate

Slippage from Deribit: live order book, 35 min ago; Nado: live order book, 39 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, 35 min ago	3.57 bp	9.5 bp −$10	15.4 bp −$154	doesn't fit	doesn't fit
Sell Nado live order book, 39 min ago	0.76 bp	8.5 bp −$9	22.0 bp −$220	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	−0.0353%	1h	264.83	−0.063%	$2K	$8K	10x	as long as short
Phemex BCHUSDT	−0.0159%	8h	264.89	−0.040%	$4.9M	$6.6M	50x	as long as short
HTX BCH-USDT	−0.0145%	8h	265.03	+0.012%	$775K	$1.4M	75x	as long as short
Kraken Futures PF_BCHUSD	−0.0103%	1h	265.05	+0.019%	$862K	$2.9M	50x	as long as short
Variational Omni BCH	−0.0094%	8h	265.40	+0.153%	$81K	$196K	—	as long as short
KuCoin BCHUSDTM	−0.0091%	8h	264.94	−0.022%	$8.5M	$6.6M	75x	as long as short
Bitget BCHUSDT	−0.0078%	8h	264.94	−0.022%	$18.9M	$28.3M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0070%	8h	264.90	−0.037%	$25.3M	$77.8M	50x	as long as short
Bybit BCHUSDT	−0.0069%	8h	264.90	−0.037%	$38.9M	$31.8M	75x	as long as short
Extended BCH-USD	−0.0048%	1h	264.82	−0.066%	$111K	$861K	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BCHUSDT	−0.0048%	8h	264.97	−0.012%	$73.0M	$219.5M	75x	as long as short
MEXC BCH_USDT	−0.0045%	8h	265.42	+0.160%	$70.9M	$8.8M	200x	as long as short
BingX BCH-USDT	−0.0034%	8h	264.93	−0.025%	—	$32.9M	—	as long as short
GRVT BCH_USDT_Perp	−0.0028%	8h	265.22	+0.084%	$387K	$17K	10x	as long as short
Nado BCH-PERPshort	−0.0012%	1h	264.88	−0.042%	$434K	$357K	10x
Gate BCH_USDT	−0.0010%	8h	265.05	+0.020%	$8.4M	$13.9M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	265.02	+0.010%	$15K	—	150x	as long as short
Deribit BCH_USDC-PERPETUALlong	−0.0003%	1h	265.00	long leg	$441K	$337K	25x
dYdX BCH-USD	0.0000%	1h	265.11	+0.044%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	265.26	+0.099%	$986K	$10.5M	2.7x	as long as short
Coinbase International BCH-PERP-INTX	+0.0008%	1h	265.90	+0.341%	$225K	$1.9M	50x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.963%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0046%	8h	264.89	−0.040%	$2K	$176	10x	as long as short
Aster BCHUSDT	+0.0047%	8h	264.84	−0.060%	$137K	$590K	75x	as long as short
BloFin BCH-USDT	+0.0076%	8h	265.10	+0.039%	$3.9M	$4.5M	50x	as long as short
Lighter BCH	+0.0096%	1h	264.97	−0.012%	$353K	$496K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.16	+0.062%	$5.7M	$4.7M	10x	as long as short
Pacifica BCH	+0.0100%	1h	265.00	+0.001%	$159K	$311K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	265.19	+0.074%	$19K	$345K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	265.32	+0.122%	$95K	$240K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	264.67	−0.123%	$2K	$1.7M	30x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	265.03	+0.013%	$12K	—	100x	as long as short