Funding you earn now, next payment 23:00 UTC−0.0780%/8h= −85.4% APRnext payment −$0.97 per $10,000 · paid last 24h −0.056%
Price spread now: Deribit against dYdX−0.044%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 against this trade now: funding costs −$23 a day on $10k at the current rate, and Deribit is 0.044% cheaper against dYdX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX BCH-USD | 270.82 | 0 | get 0.0000% / 1h | 18m 35s | $5K | $248 | 10x |
| Short | Deribit BCH_USDC-PERPETUAL | 270.70 | −0.0780 | pay 0.0097% / 1h | 18m 35s | $459K | $265K | 25x |
dYdX BCH-USD
Deribit BCH_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against dYdX. 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
- −$163.72
- Price spread: −0.044% → 0.000%
- −$4.42
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$185.14
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Deribit: live order book, 65 min ago. 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 65 min ago | 4.01 bp | 7.5 bp −$8 | 17.7 bp −$177 | doesn't fit | doesn't fit |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUALshort | −0.0780% | 1h | 270.70 | −0.044% | $459K | $265K | 25x | |
| Phemex BCHUSDT | −0.0193% | 8h | 270.73 | −0.033% | $5.0M | $6.5M | 50x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 270.20 | −0.228% | $721 | $130K | 12x | as long as short |
| SoDEX BCH-USD | −0.0129% | 1h | 270.55 | −0.099% | $2K | $6K | 10x | as long as short |
| Variational Omni BCH | −0.0110% | 8h | 270.72 | −0.038% | $83K | $294K | — | as long as short |
| Bybit BCHUSDT | −0.0052% | 8h | 270.30 | −0.192% | $39.5M | $33.0M | 75x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 270.15 | −0.247% | $117K | $653K | 25x | as long as short |
| Binance BCHUSDT | −0.0046% | 8h | 270.49 | −0.123% | $75.2M | $234.0M | 75x | as long as short |
| MEXC BCH_USDT | −0.0046% | 8h | 271.03 | +0.078% | $71.0M | $6.6M | 200x | as long as short |
| dYdX BCH-USDlong | 0.0000% | 1h | 270.82 | long leg | $5K | $248 | 10x |
Phemex BCHUSDT
Injective BCH/USDC PERP
SoDEX BCH-USD
Variational Omni BCH
Bybit BCHUSDT
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXBCHPERP | 0.0000% | 8h | 270.89 | +0.026% | $1.3M | $11.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 270.95 | +0.048% | $4K | — | 150x | as long as short |
| Gate BCH_USDT | +0.0005% | 8h | 270.49 | −0.121% | $8.4M | $14.9M | 75x | as long as short |
| Bitget BCHUSDT | +0.0013% | 8h | 270.47 | −0.129% | $19.5M | $29.4M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 270.97 | +0.056% | $243K | $2.1M | 50x | as long as short |
| GRVT BCH_USDT_Perp | +0.0020% | 8h | 270.89 | +0.026% | $395K | $17K | 10x | as long as short |
| Orderly PERP_BCH_USDC | +0.0025% | 8h | 270.60 | −0.081% | $2K | $176 | 10x | as long as short |
| OKX BCH-USDT-SWAP | +0.0071% | 8h | 270.20 | −0.228% | $26.5M | $78.3M | 50x | as long as short |
| BloFin BCH-USDT | +0.0074% | 8h | 270.54 | −0.103% | $4.0M | $4.2M | 50x | as long as short |
| BingX BCH-USDC | +0.0076% | 8h | 270.41 | −0.151% | — | $6.5M | — | as long as short |
| Lighter BCH | +0.0096% | 1h | 270.66 | −0.058% | $379K | $587K | 10x | as long as short |
| Nado BCH-PERP | +0.0098% | 1h | 270.59 | −0.084% | $444K | $428K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 270.87 | +0.019% | $6.1M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 270.64 | −0.067% | $218K | $703K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 270.51 | −0.113% | $164K | $467K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 270.65 | −0.062% | $9.3M | $8.0M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 270.71 | −0.040% | $19K | $290K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 271.00 | +0.067% | $73K | $213K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 270.48 | −0.125% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 270.50 | −0.118% | $778K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0112% | 1h | 270.85 | +0.012% | $820K | $3.2M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0342% / S −0.0467% | 1h | 271.02 | +0.074% | $26K | — | 100x | as long as short |
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Gate BCH_USDT
Bitget BCHUSDT
Coinbase International BCH-PERP-INTX
GRVT BCH_USDT_Perp
Orderly PERP_BCH_USDC
OKX BCH-USDT-SWAP
BloFin BCH-USDT
BingX BCH-USDC
Lighter BCH
Nado BCH-PERP
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]