Funding you earn now, next payment 08:00 UTC+0.0075%/8h= +8.2% APRnext payment +$0.75 per $10,000 · paid last 24h +0.002%
Price spread now: Bitget against Gate−0.064%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$430.430% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 7 days+0.065%+$6 · spread now −0.064%, 7d avg −0.021%
=Funding pays, the price is against you. Bitget is 0.044% cheaper against Gate than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of −0.021%). If the spread goes back, that is −$4 on $10k: about 46 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.014% in total) that is about 21 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BCH_USDT | 265.19 | −0.0114 | get 0.0114% / 8h | 6h 28m | $8.4M | $13.5M | 75x |
| Short | Bitget BCHUSDT | 265.02 | −0.0039 | pay 0.0039% / 8h | 6h 28m | $19.0M | $29.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $15.75
- Price spread: −0.064% → −0.021%
- −$4.36
- Slippage, 4 orders
- −$16.04
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$31.65
- Costs to cover
- 0.430%
- Break-even
- 21.1 days
Slippage from Gate: live order book, 5 min ago; Bitget: live order book, 5 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, 5 min ago | 1.70 bp | 12.0 bp −$12 | 18.4 bp −$184 | 33.2 bp −$3,324 | 48.0 bp −$24.0K |
| Sell Bitget live order book, 5 min ago | 0.19 bp | 8.5 bp −$9 | 16.1 bp −$161 | 52.3 bp −$5,232 | doesn't fit |
BCH on 31 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 | −0.0699% | 8h | 265.30 | +0.041% | $2K | $1.9M | 30x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0575% | 1h | 265.10 | −0.034% | $448K | $266K | 25x | as long as short |
| SoDEX BCH-USD | −0.0504% | 1h | 264.85 | −0.128% | $2K | $6K | 10x | as long as short |
| Phemex BCHUSDT | −0.0435% | 8h | 265.03 | −0.060% | $4.9M | $6.6M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0300% | 1h | 265.14 | −0.019% | $850K | $3.2M | 50x | as long as short |
| HTX BCH-USDT | −0.0248% | 8h | 264.70 | −0.185% | $776K | $1.6M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0189% | 8h | 264.31 | −0.333% | $385K | $17K | 10x | as long as short |
| ApeX Omni BCHUSDT | −0.0183% | 1h | 264.90 | −0.109% | $96K | $227K | 50x | as long as short |
| Variational Omni BCH | −0.0117% | 8h | 264.71 | −0.181% | $81K | $253K | — | as long as short |
| Gate BCH_USDTlong | −0.0114% | 8h | 265.19 | long leg | $8.4M | $13.5M | 75x |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BCH-PERP-INTX | −0.0112% | 1h | 265.07 | −0.045% | $231K | $2.1M | 50x | as long as short |
| Extended BCH-USD | −0.0096% | 1h | 264.96 | −0.088% | $112K | $965K | 25x | as long as short |
| Binance BCHUSDT | −0.0092% | 8h | 265.08 | −0.040% | $71.8M | $234.8M | 75x | as long as short |
| MEXC BCH_USDT | −0.0092% | 8h | 265.41 | +0.083% | $70.0M | $7.0M | 200x | as long as short |
| Bybit BCHUSDT | −0.0055% | 8h | 265.13 | −0.023% | $39.1M | $33.4M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0044% | 8h | 265.00 | −0.072% | $25.3M | $79.0M | 50x | as long as short |
| Bitget BCHUSDTshort | −0.0039% | 8h | 265.02 | −0.064% | $19.0M | $29.6M | 75x | |
| BingX BCH-USDC | −0.0025% | 8h | 265.10 | −0.034% | — | $6.5M | — | as long as short |
| Nado BCH-PERP | −0.0023% | 1h | 265.36 | +0.063% | $421K | $429K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.68 | +0.184% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.65 | +0.173% | $1.1M | $11.1M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 265.25 | +0.023% | $4K | — | 150x | as long as short |
| Orderly PERP_BCH_USDC | +0.0032% | 8h | 265.01 | −0.068% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.889% | $721 | $130K | 12x | as long as short |
| Pacifica BCH | +0.0040% | 1h | 265.49 | +0.114% | $161K | $404K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0041% | 8h | 265.14 | −0.019% | $8.6M | $7.5M | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 264.97 | −0.082% | $365K | $478K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.32 | +0.051% | $5.7M | $5.1M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 265.14 | −0.018% | $168K | $697K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 264.73 | −0.175% | $19K | $292K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0333% / S −0.0451% | 1h | 265.31 | +0.045% | $25K | — | 100x | as long as short |
Gate BCH_USDT
Bitget BCHUSDT
SunX BCH-USDT
Deribit BCH_USDC-PERPETUAL
SoDEX BCH-USD
Phemex BCHUSDT
Kraken Futures PF_BCHUSD
HTX BCH-USDT
GRVT BCH_USDT_Perp
ApeX Omni BCHUSDT
Variational Omni BCH
Coinbase International BCH-PERP-INTX
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
Bybit BCHUSDT
OKX BCH-USDT-SWAP
BingX BCH-USDC
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Injective BCH/USDC PERP
Pacifica BCH
KuCoin BCHUSDTM
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]