Funding you earn now, next payment 08:00 UTC+0.0289%/8h= +31.6% APRnext payment +$2.89 per $10,000 · paid last 24h +0.001%
Price spread now: SunX against Gate−0.097%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$940.942% of the position
Funding, last 7 days+0.122%+$12 on $10k
+Price spread, last 3 days (all we have)+0.069%+$7 · spread now −0.097%, 7d avg −0.035%
=Funding pays, the price is against you. SunX is 0.062% cheaper against Gate than usual: you would sell low and buy high (spread −0.097% now, against its 7-day average of −0.035%). If the spread goes back, that is −$6 on $10k: about 17 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.122% in total) that is about 3.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.122% in total (about 6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.89 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 | 268.27 | −0.0189 | get 0.0189% / 8h | 7h 05m | $8.4M | $14.3M | 75x |
| Short | SunX BCH-USDT | 268.01 | 0.0100 | get 0.0100% / 8h | 7h 05m | $2K | $1.9M | 30x |
Gate BCH_USDT
SunX BCH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $60.69
- Price spread: −0.097% → −0.035%
- −$6.15
- Slippage, 4 orders
- −$71.2
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$39.66
- Costs to cover
- 0.942%
- Break-even
- 11.6 days
Slippage from Gate: live order book, 3 min ago; SunX: 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 | 2.79 bp | 12.3 bp −$12 | 18.7 bp −$187 | 32.1 bp −$3,215 | 43.6 bp −$21.8K |
| Sell SunX live order book, 10 min ago | 19.67 bp | 29.0 bp −$29 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0606% | 1h | 268.34 | +0.025% | $454K | $266K | 25x | as long as short |
| SoDEX BCH-USD | −0.0547% | 1h | 268.30 | +0.011% | $2K | $6K | 10x | as long as short |
| Phemex BCHUSDT | −0.0490% | 8h | 268.43 | +0.060% | $4.9M | $6.5M | 50x | as long as short |
| Gate BCH_USDTlong | −0.0189% | 8h | 268.27 | long leg | $8.4M | $14.3M | 75x | |
| GRVT BCH_USDT_Perp | −0.0187% | 8h | 269.71 | +0.538% | $393K | $17K | 10x | as long as short |
| ApeX Omni BCHUSDT | −0.0170% | 1h | 269.64 | +0.511% | $73K | $214K | 50x | as long as short |
| Variational Omni BCH | −0.0122% | 8h | 268.20 | −0.026% | $82K | $285K | — | as long as short |
| Binance BCHUSDT | −0.0076% | 8h | 268.19 | −0.028% | $72.6M | $230.0M | 75x | as long as short |
| MEXC BCH_USDT | −0.0073% | 8h | 268.81 | +0.201% | $70.5M | $6.7M | 200x | as long as short |
| Extended BCH-USD | −0.0072% | 1h | 268.12 | −0.054% | $117K | $961K | 25x | as long as short |
Deribit BCH_USDC-PERPETUAL
SoDEX BCH-USD
Phemex BCHUSDT
GRVT BCH_USDT_Perp
ApeX Omni BCHUSDT
Variational Omni BCH
Binance BCHUSDT
MEXC BCH_USDT
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 268.33 | +0.022% | $237K | $2.0M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 268.63 | +0.133% | $867K | $3.1M | 50x | as long as short |
| Bybit BCHUSDT | −0.0045% | 8h | 268.24 | −0.011% | $39.7M | $32.6M | 75x | as long as short |
| Bitget BCHUSDT | −0.0027% | 8h | 268.16 | −0.041% | $19.5M | $29.5M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0010% | 8h | 268.10 | −0.063% | $26.1M | $76.1M | 50x | as long as short |
| BingX BCH-USDC | −0.0004% | 8h | 268.27 | 0.000% | — | $6.5M | — | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0003% / S +0.0007% | 1h | 268.44 | +0.063% | $7K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 268.45 | +0.067% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.74 | +0.175% | $1.1M | $11.0M | 2.7x | as long as short |
| Orderly PERP_BCH_USDC | +0.0030% | 8h | 268.20 | −0.026% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.719% | $721 | $130K | 12x | as long as short |
| Nado BCH-PERP | +0.0043% | 1h | 268.25 | −0.007% | $439K | $421K | 10x | as long as short |
| BloFin BCH-USDT | +0.0047% | 8h | 269.22 | +0.354% | $4.0M | $4.3M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 268.30 | +0.011% | $369K | $530K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 268.52 | +0.093% | $6.6M | $4.6M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 268.15 | −0.046% | $177K | $666K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 268.38 | +0.041% | $163K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 268.34 | +0.026% | $8.8M | $7.6M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 269.17 | +0.336% | $19K | $291K | 20x | as long as short |
| SunX BCH-USDTshort | +0.0100% | 8h | 268.01 | −0.097% | $2K | $1.9M | 30x | |
| HTX BCH-USDT | +0.0100% | 8h | 268.00 | −0.101% | $778K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0334% / S −0.0451% | 1h | 268.41 | +0.053% | $25K | — | 100x | as long as short |
Coinbase International BCH-PERP-INTX
Kraken Futures PF_BCHUSD
Bybit BCHUSDT
Bitget BCHUSDT
OKX BCH-USDT-SWAP
BingX BCH-USDC
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
Nado BCH-PERP
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]