Funding you earn now, next payment 01:00 UTC−0.0441%/8h= −48.3% APRnext payment −$0.55 per $10,000 · paid last 24h −0.048%
Price spread now: ApeX Omni against GMX−0.035%68s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 −$13 a day on $10k at the current rate, and ApeX Omni is 0.035% cheaper against GMX 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. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX BCH/USD [WBTC.b-USDC] | 269.39 | L +0.0334% / S −0.0451% | pay 0.0042% / 1h | 28m 21s | $25K | — | 100x |
| Short | ApeX Omni BCHUSDT | 269.29 | −0.0107 | pay 0.0013% / 1h | 28m 21s | $73K | $214K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against GMX. 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
- −$92.66
- Price spread: −0.035% → 0.000%
- −$3.54
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$118.2
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 43 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 GMX no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 43 min ago | 4.51 bp | 12.8 bp −$13 | 74.7 bp −$747 | doesn't fit | doesn't fit |
GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex BCHUSDT | −0.0650% | 8h | 268.79 | −0.221% | $4.9M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0542% | 1h | 269.25 | −0.050% | $2K | $6K | 10x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0384% | 1h | 269.35 | −0.015% | $455K | $266K | 25x | as long as short |
| GRVT BCH_USDT_Perp | −0.0157% | 8h | 269.17 | −0.080% | $392K | $17K | 10x | as long as short |
| Variational Omni BCH | −0.0127% | 8h | 269.01 | −0.140% | $82K | $285K | — | as long as short |
| HTX BCH-USDT | −0.0109% | 8h | 268.72 | −0.247% | $781K | $1.6M | 75x | as long as short |
| ApeX Omni BCHUSDTshort | −0.0107% | 1h | 269.29 | −0.035% | $73K | $214K | 50x | |
| Gate BCH_USDT | −0.0107% | 8h | 269.23 | −0.058% | $8.5M | $14.2M | 75x | as long as short |
| Binance BCHUSDT | −0.0060% | 8h | 269.21 | −0.065% | $73.0M | $229.6M | 75x | as long as short |
| MEXC BCH_USDT | −0.0058% | 8h | 269.66 | +0.102% | $70.6M | $6.6M | 200x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0056% | 1h | 269.14 | −0.090% | $117K | $1.1M | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 268.58 | −0.299% | $227K | $2.0M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 269.43 | +0.016% | $857K | $3.1M | 50x | as long as short |
| Bybit BCHUSDT | −0.0049% | 8h | 269.20 | −0.069% | $39.8M | $32.5M | 75x | as long as short |
| Bitget BCHUSDT | −0.0015% | 8h | 269.18 | −0.076% | $19.3M | $29.2M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 269.35 | −0.014% | $7K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 269.47 | +0.033% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 269.21 | −0.065% | $1.1M | $10.8M | 2.7x | as long as short |
| Nado BCH-PERP | +0.0009% | 1h | 269.15 | −0.087% | $440K | $420K | 10x | as long as short |
| OKX BCH-USDT-SWAP | +0.0015% | 8h | 269.20 | −0.069% | $26.1M | $76.7M | 50x | as long as short |
| BingX BCH-USDC | +0.0024% | 8h | 269.18 | −0.076% | — | $6.5M | — | as long as short |
| Orderly PERP_BCH_USDC | +0.0030% | 8h | 269.29 | −0.035% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.302% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0062% | 8h | 268.90 | −0.180% | $3.9M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 269.21 | −0.066% | $371K | $530K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.52 | +0.050% | $6.0M | $4.4M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 269.38 | −0.004% | $178K | $666K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 269.31 | −0.028% | $164K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 269.35 | −0.013% | $9.0M | $7.5M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 269.05 | −0.124% | $19K | $292K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 269.09 | −0.110% | $2K | $1.9M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC]long | L +0.0334% / S −0.0451% | 1h | 269.39 | long leg | $25K | — | 100x |
GMX BCH/USD [WBTC.b-USDC]
ApeX Omni BCHUSDT
Phemex BCHUSDT
SoDEX BCH-USD
Deribit BCH_USDC-PERPETUAL
GRVT BCH_USDT_Perp
Variational Omni BCH
HTX BCH-USDT
Gate BCH_USDT
Binance BCHUSDT
MEXC BCH_USDT
Extended BCH-USD
Coinbase International BCH-PERP-INTX
Kraken Futures PF_BCHUSD
Bybit BCHUSDT
Bitget BCHUSDT
gTrade (Gains Network) BCH/USD
Kalshi KXBCHPERP
OKX BCH-USDT-SWAP
BingX BCH-USDC
Injective BCH/USDC PERP
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT