BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0390%/8h= −42.7% APRnext payment −$0.49 per $10,000 · paid last 24h −0.062%

Price spread now: Coinbase International against GMX−0.079%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Coinbase International

What this pair did over the last

the charts below follow

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 −$12 a day on $10k at the current rate, and Coinbase International is 0.079% cheaper against GMX than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX BCH/USD [WBTC.b-USDC]	268.79	L +0.0334% / S −0.0224%	pay 0.0042% / 1h	35m 33s	$31K	—	100x
Short	Coinbase International BCH-PERP-INTX	268.58	−0.0056	pay 0.0007% / 1h	35m 33s	$227K	$2.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee Coinbase InternationalbpOrdersPrice spread, now −0.079%Rate

Funding earned: −$81.85
Price spread: −0.079% → 0.000%: −$7.91
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$111.76
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 3 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 Coinbase International live order book, 3 min ago	4.67 bp	13.1 bp −$13	19.4 bp −$194	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	−0.0678%	8h	268.64	−0.057%	$4.9M	$6.5M	50x	as long as short
SoDEX BCH-USD	−0.0518%	1h	268.61	−0.068%	$2K	$6K	10x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0304%	1h	268.75	−0.017%	$454K	$266K	25x	as long as short
HTX BCH-USDT	−0.0299%	8h	268.54	−0.094%	$780K	$1.6M	75x	as long as short
GRVT BCH_USDT_Perp	−0.0258%	8h	267.76	−0.384%	$390K	$17K	10x	as long as short
ApeX Omni BCHUSDT	−0.0171%	1h	268.26	−0.198%	$73K	$214K	50x	as long as short
Variational Omni BCH	−0.0127%	8h	268.51	−0.106%	$82K	$285K	—	as long as short
Gate BCH_USDT	−0.0095%	8h	268.81	+0.006%	$8.5M	$14.2M	75x	as long as short
Extended BCH-USD	−0.0056%	1h	268.61	−0.068%	$113K	$967K	25x	as long as short
Coinbase International BCH-PERP-INTXshort	−0.0056%	1h	268.58	−0.079%	$227K	$2.1M	50x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BCH_USDT	−0.0055%	8h	269.28	+0.181%	$70.5M	$6.6M	200x	as long as short
Binance BCHUSDT	−0.0055%	8h	268.63	−0.060%	$72.8M	$230.3M	75x	as long as short
Kraken Futures PF_BCHUSD	−0.0049%	1h	268.79	−0.002%	$857K	$3.1M	50x	as long as short
Bybit BCHUSDT	−0.0039%	8h	268.70	−0.034%	$39.7M	$32.6M	75x	as long as short
Bitget BCHUSDT	−0.0008%	8h	268.66	−0.049%	$19.3M	$29.4M	75x	as long as short
Nado BCH-PERP	−0.0002%	1h	268.73	−0.022%	$441K	$420K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	268.96	+0.061%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	268.97	+0.066%	$1.1M	$10.8M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	268.75	−0.015%	$4K	—	150x	as long as short
BingX BCH-USDT	+0.0020%	8h	268.79	−0.001%	—	$31.2M	—	as long as short
OKX BCH-USDT-SWAP	+0.0023%	8h	268.60	−0.072%	$26.1M	$76.9M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0031%	8h	268.59	−0.075%	$2K	$176	10x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+0.524%	$721	$130K	12x	as long as short
BloFin BCH-USDT	+0.0065%	8h	268.20	−0.220%	$3.9M	$4.2M	50x	as long as short
Lighter BCH	+0.0096%	1h	268.77	−0.008%	$370K	$529K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	269.07	+0.103%	$6.0M	$4.4M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	268.77	−0.008%	$177K	$666K	75x	as long as short
Pacifica BCH	+0.0100%	1h	268.78	−0.004%	$163K	$407K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	268.79	−0.001%	$9.0M	$7.6M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	267.71	−0.403%	$19K	$290K	20x	as long as short
SunX BCH-USDT	+0.0100%	8h	268.40	−0.146%	$2K	$1.9M	30x	as long as short
GMX BCH/USD [WBTC.b-USDC]long	L +0.0334% / S −0.0224%	1h	268.79	long leg	$31K	—	100x