Funding you earn now, next payment 08:00 UTC+0.0204%/8h= +22.3% APRnext payment +$2.04 per $10,000 · paid last 24h +0.003%
Price spread now: BingX against Gate−0.059%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$520.520% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 7 days+0.047%+$5 · spread now −0.059%, 7d avg −0.005%
=Funding pays, the price is against you. BingX is 0.055% cheaper against Gate than usual: you would sell low and buy high (spread −0.059% now, against its 7-day average of −0.005%). If the spread goes back, that is −$5 on $10k: about 21 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.070% in total) that is about 5.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.070% in total (about 3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.04 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BCH_USDT | 269.33 | −0.0191 | get 0.0191% / 8h | 7h 10m | $8.5M | $14.3M | 75x |
| Short | BingX BCH-USDC | 269.17 | 0.0013 | get 0.0013% / 8h | 7h 10m | — | $6.5M | — |
Gate BCH_USDT
BingX BCH-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- $42.84
- Price spread: −0.059% → −0.005%
- −$5.47
- Slippage, 4 orders
- −$27
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$14.63
- Costs to cover
- 0.520%
- Break-even
- 9.4 days
Slippage from Gate: live order book, 3 min ago; BingX: live order book, 10 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 Gate live order book, 3 min ago | 2.41 bp | 11.4 bp −$11 | 18.8 bp −$188 | 33.5 bp −$3,346 | 45.9 bp −$23.0K |
| Sell BingX live order book, 10 min ago | 1.49 bp | 13.0 bp −$13 | 30.2 bp −$302 | 102.0 bp −$10.2K | 416.1 bp −$208.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex BCHUSDT | −0.0620% | 8h | 269.23 | −0.037% | $5.0M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0543% | 1h | 269.20 | −0.048% | $2K | $6K | 10x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0495% | 1h | 269.42 | +0.035% | $455K | $266K | 25x | as long as short |
| ApeX Omni BCHUSDT | −0.0214% | 1h | 269.80 | +0.175% | $73K | $215K | 50x | as long as short |
| Gate BCH_USDTlong | −0.0191% | 8h | 269.33 | long leg | $8.5M | $14.3M | 75x | |
| GRVT BCH_USDT_Perp | −0.0169% | 8h | 269.62 | +0.107% | $393K | $17K | 10x | as long as short |
| Variational Omni BCH | −0.0126% | 8h | 269.21 | −0.046% | $83K | $285K | — | as long as short |
| Extended BCH-USD | −0.0072% | 1h | 269.44 | +0.041% | $117K | $961K | 25x | as long as short |
| Binance BCHUSDT | −0.0070% | 8h | 269.38 | +0.019% | $73.0M | $229.6M | 75x | as long as short |
| MEXC BCH_USDT | −0.0067% | 8h | 269.73 | +0.149% | $70.7M | $6.7M | 200x | as long as short |
Phemex BCHUSDT
SoDEX BCH-USD
Deribit BCH_USDC-PERPETUAL
ApeX Omni BCHUSDT
GRVT BCH_USDT_Perp
Variational Omni BCH
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BCHUSDT | −0.0064% | 8h | 269.40 | +0.026% | $39.8M | $32.6M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 269.44 | +0.041% | $231K | $2.0M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 269.56 | +0.086% | $858K | $3.1M | 50x | as long as short |
| Bitget BCHUSDT | −0.0024% | 8h | 269.35 | +0.007% | $19.3M | $29.2M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0003% / S +0.0007% | 1h | 269.64 | +0.116% | $7K | — | 150x | as long as short |
| OKX BCH-USDT-SWAP | −0.0001% | 8h | 269.40 | +0.026% | $26.2M | $76.4M | 50x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 269.59 | +0.097% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 269.79 | +0.171% | $1.1M | $10.9M | 2.7x | as long as short |
| BingX BCH-USDCshort | +0.0013% | 8h | 269.17 | −0.059% | — | $6.5M | — | |
| Orderly PERP_BCH_USDC | +0.0029% | 8h | 269.31 | −0.007% | $2K | $176 | 10x | as long as short |
| Nado BCH-PERP | +0.0031% | 1h | 269.45 | +0.045% | $437K | $419K | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.323% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0050% | 8h | 269.22 | −0.041% | $3.9M | $4.3M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 269.33 | 0.000% | $371K | $530K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.58 | +0.094% | $6.6M | $4.6M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 269.36 | +0.012% | $177K | $658K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 269.46 | +0.049% | $164K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 269.36 | +0.011% | $8.8M | $7.6M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 269.52 | +0.072% | $19K | $292K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 269.22 | −0.041% | $2K | $1.9M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 269.28 | −0.019% | $782K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0335% / S −0.0451% | 1h | 269.54 | +0.078% | $25K | — | 100x | as long as short |
Bybit BCHUSDT
Coinbase International BCH-PERP-INTX
Kraken Futures PF_BCHUSD
Bitget BCHUSDT
gTrade (Gains Network) BCH/USD
OKX BCH-USDT-SWAP
dYdX BCH-USD
Kalshi KXBCHPERP
Orderly PERP_BCH_USDC
Nado BCH-PERP
Injective BCH/USDC PERP
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]