BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0199%/8h= −21.8% APRnext payment −$0.25 per $10,000 · paid last 24h −0.082%

Price spread now: Nado against GMX−0.180%52s7-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 Nado

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—+ Points / potential airdropNado: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Nado is 0.180% cheaper against GMX than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 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]	265.16	L +0.0202% / S −0.0147%	pay 0.0025% / 1h	44m 29s	$12K	—	100x
Short	Nado BCH-PERP	264.68	0.0003	get 0.0000% / 1h	44m 29s	$435K	$356K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.180%Rate

Funding earned: −$41.89
Price spread: −0.180% → 0.000%: −$18
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$78.89
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Nado: live order book, 63 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 Nado live order book, 63 min ago	0.95 bp	7.4 bp −$7	19.0 bp −$190	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
SoDEX BCH-USD	−0.0429%	1h	264.95	−0.079%	$2K	$8K	10x	as long as short
HTX BCH-USDT	−0.0200%	8h	264.29	−0.328%	$773K	$1.4M	75x	as long as short
Phemex BCHUSDT	−0.0157%	8h	265.04	−0.045%	$5.0M	$6.6M	50x	as long as short
KuCoin BCHUSDTM	−0.0107%	8h	264.94	−0.083%	$8.5M	$6.7M	75x	as long as short
Kraken Futures PF_BCHUSD	−0.0103%	1h	265.14	−0.009%	$862K	$3.0M	50x	as long as short
Bitget BCHUSDT	−0.0091%	8h	264.67	−0.185%	$19.0M	$28.4M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0080%	8h	264.60	−0.211%	$25.3M	$78.2M	50x	as long as short
Variational Omni BCH	−0.0076%	8h	264.10	−0.398%	$81K	$196K	—	as long as short
MEXC BCH_USDT	−0.0049%	8h	265.24	+0.030%	$70.5M	$8.5M	200x	as long as short
Binance BCHUSDT	−0.0049%	8h	264.82	−0.128%	$72.9M	$221.2M	75x	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	−0.0048%	1h	264.81	−0.130%	$112K	$1.1M	25x	as long as short
Bybit BCHUSDT	−0.0044%	8h	264.67	−0.185%	$38.9M	$31.9M	75x	as long as short
BingX BCH-USDT	−0.0030%	8h	264.76	−0.151%	—	$32.9M	—	as long as short
GRVT BCH_USDT_Perp	−0.0023%	8h	264.47	−0.260%	$386K	$17K	10x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	265.13	−0.011%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	265.13	−0.010%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	265.02	−0.053%	$985K	$10.5M	2.7x	as long as short
Gate BCH_USDT	+0.0001%	8h	264.85	−0.117%	$8.4M	$13.8M	75x	as long as short
Nado BCH-PERPshort	+0.0003%	1h	264.68	−0.180%	$435K	$356K	10x
Coinbase International BCH-PERP-INTX	+0.0008%	1h	264.62	−0.204%	$225K	$1.9M	50x	as long as short
SunX BCH-USDT	+0.0017%	8h	264.83	−0.124%	$1K	$1.7M	30x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.901%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0046%	8h	265.00	−0.060%	$2K	$176	10x	as long as short
Aster BCHUSDT	+0.0052%	8h	264.79	−0.141%	$149K	$590K	75x	as long as short
BloFin BCH-USDT	+0.0070%	8h	264.98	−0.068%	$4.0M	$4.5M	50x	as long as short
Lighter BCH	+0.0096%	1h	264.88	−0.104%	$353K	$495K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.04	−0.045%	$5.7M	$4.7M	10x	as long as short
Pacifica BCH	+0.0100%	1h	264.96	−0.075%	$159K	$312K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	264.44	−0.271%	$18K	$345K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	264.62	−0.204%	$95K	$237K	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]long	L +0.0202% / S −0.0147%	1h	265.16	long leg	$12K	—	100x
Deribit BCH_USDC-PERPETUAL	+2.4750%	1h	271.79	+2.500%	$452K	$334K	25x	as long as short