Funding you earn now, next payment 08:00 UTC+0.0103%/8h= +11.3% APRnext payment +$1.03 per $10,000 · paid last 24h +0.007%
Price spread now: KuCoin against Gate−0.008%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$620.623% of the position
Funding, last 7 days+0.088%+$9 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now −0.008%, 7d avg +0.019%
=Funding pays, the price is against you. KuCoin is 0.026% cheaper against Gate than usual: you would sell low and buy high (spread −0.008% now, against its 7-day average of +0.019%). If the spread goes back, that is −$3 on $10k: about 20 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.088% in total) that is about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BCH_USDT | 264.29 | −0.0122 | get 0.0122% / 8h | 5h 57m | $8.3M | $13.1M | 75x |
| Short | KuCoin BCHUSDTM | 264.27 | −0.0019 | pay 0.0019% / 8h | 5h 57m | $8.5M | $7.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21.63
- Price spread: −0.008% → +0.019%
- −$2.63
- Slippage, 4 orders
- −$35.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$43.26
- Costs to cover
- 0.623%
- Break-even
- 21.0 days
Slippage from Gate: live order book, 1 min ago; KuCoin: live order book, 1 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, 1 min ago | 2.46 bp | 13.7 bp −$14 | 20.8 bp −$208 | 32.2 bp −$3,225 | 47.2 bp −$23.6K |
| Sell KuCoin live order book, 1 min ago | 2.08 bp | 17.7 bp −$18 | 56.7 bp −$567 | doesn't fit | 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 | −0.1747% | 8h | 264.02 | −0.102% | $2K | $1.7M | 30x | as long as short |
| SoDEX BCH-USD | −0.0504% | 1h | 264.07 | −0.083% | $2K | $8K | 10x | as long as short |
| HTX BCH-USDT | −0.0500% | 8h | 264.04 | −0.095% | $771K | $1.5M | 75x | as long as short |
| Phemex BCHUSDT | −0.0401% | 8h | 264.10 | −0.072% | $4.9M | $6.6M | 50x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0295% | 1h | 264.17 | −0.046% | $446K | $253K | 25x | as long as short |
| GRVT BCH_USDT_Perp | −0.0194% | 8h | 264.93 | +0.242% | $386K | $17K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0128% | 1h | 264.18 | −0.042% | $230K | $1.8M | 50x | as long as short |
| Gate BCH_USDTlong | −0.0122% | 8h | 264.29 | long leg | $8.3M | $13.1M | 75x | |
| Extended BCH-USD | −0.0112% | 1h | 263.99 | −0.112% | $112K | $953K | 25x | as long as short |
| Binance BCHUSDT | −0.0112% | 8h | 264.10 | −0.072% | $71.5M | $214.8M | 75x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0111% | 8h | 264.48 | +0.072% | $69.8M | $6.6M | 200x | as long as short |
| Variational Omni BCH | −0.0109% | 8h | 265.00 | +0.270% | $81K | $201K | — | as long as short |
| ApeX Omni BCHUSDT | −0.0092% | 1h | 265.25 | +0.363% | $97K | $226K | 50x | as long as short |
| OKX BCH-USDT-SWAP | −0.0072% | 8h | 264.30 | +0.004% | $25.1M | $73.8M | 50x | as long as short |
| Nado BCH-PERP | −0.0060% | 1h | 264.06 | −0.088% | $417K | $339K | 10x | as long as short |
| Bybit BCHUSDT | −0.0058% | 8h | 264.30 | +0.004% | $39.1M | $31.0M | 75x | as long as short |
| Bitget BCHUSDT | −0.0052% | 8h | 264.18 | −0.042% | $18.9M | $28.2M | 75x | as long as short |
| BingX BCH-USDC | −0.0040% | 8h | 264.31 | +0.008% | — | $6.5M | — | as long as short |
| Kraken Futures PF_BCHUSD | −0.0031% | 1h | 264.31 | +0.006% | $848K | $3.0M | 50x | as long as short |
| KuCoin BCHUSDTMshort | −0.0019% | 8h | 264.27 | −0.008% | $8.5M | $7.3M | 75x | |
| dYdX BCH-USD | 0.0000% | 1h | 264.47 | +0.068% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 264.58 | +0.110% | $1.1M | $10.1M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 264.32 | +0.011% | $4K | — | 150x | as long as short |
| Pacifica BCH | +0.0021% | 1h | 264.17 | −0.046% | $161K | $317K | 10x | as long as short |
| Lighter BCH | +0.0024% | 1h | 264.15 | −0.053% | $364K | $477K | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.236% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0034% | 8h | 264.07 | −0.083% | $2K | $176 | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 264.44 | +0.059% | $5.7M | $4.7M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 264.36 | +0.026% | $167K | $519K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 265.01 | +0.273% | $19K | $293K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0333% / S −0.0451% | 1h | 264.30 | +0.003% | $25K | — | 100x | as long as short |
Gate BCH_USDT
KuCoin BCHUSDTM
SunX BCH-USDT
SoDEX BCH-USD
HTX BCH-USDT
Phemex BCHUSDT
Deribit BCH_USDC-PERPETUAL
GRVT BCH_USDT_Perp
Coinbase International BCH-PERP-INTX
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
Variational Omni BCH
ApeX Omni BCHUSDT
OKX BCH-USDT-SWAP
Bybit BCHUSDT
Bitget BCHUSDT
BingX BCH-USDC
Kraken Futures PF_BCHUSD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Pacifica BCH
Lighter BCH
Injective BCH/USDC PERP
Hyperliquid BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]