Funding you earn now, next payment 08:00 UTC+0.0418%/8h= +45.8% APRnext payment +$4.18 per $10,000 · paid last 24h −0.015%
Price spread now: Binance against HTX−0.019%7-day average +0.013% · 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−$69as in the Price arb table
costs, in and out, $10k−$650.654% of the position
Funding, last 7 days−0.164%−$16 on $10k
+Price spread, last 4 days (all we have)+0.217%+$22 · spread now −0.019%, 7d avg +0.013%
=Funding pays, the price is against you. Binance is 0.031% cheaper against HTX than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.013%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$13 a day). Mind the row above: over the last 7 days funding on this pair cost −0.164%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.164% in total (about -8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.18 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 | HTX BCH-USDT | 265.82 | −0.0532 | get 0.0532% / 8h | 5h 34m | $772K | $1.5M | 75x |
| Short | Binance BCHUSDT | 265.77 | −0.0114 | pay 0.0114% / 8h | 5h 34m | $72.4M | $214.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. 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
- $87.81
- Price spread: −0.019% → +0.013%
- −$3.15
- Slippage, 4 orders
- −$43.4
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $19.26
- Costs to cover
- 0.654%
- Break-even
- 5.5 days
Slippage from HTX: live order book, 4 min ago; Binance: live order book, 9 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 HTX live order book, 4 min ago | 10.56 bp | 16.9 bp −$17 | 200.1 bp −$2,001 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.19 bp | 8.7 bp −$9 | 17.8 bp −$178 | 56.9 bp −$5,690 | 138.5 bp −$69.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BCH-USDT | −0.1716% | 8h | 265.53 | −0.109% | $2K | $1.7M | 30x | as long as short |
| HTX BCH-USDTlong | −0.0532% | 8h | 265.82 | long leg | $772K | $1.5M | 75x | |
| Phemex BCHUSDT | −0.0459% | 8h | 265.84 | +0.008% | $4.9M | $6.6M | 50x | as long as short |
| SoDEX BCH-USD | −0.0340% | 1h | 265.92 | +0.038% | $2K | $8K | 10x | as long as short |
| GRVT BCH_USDT_Perp | −0.0175% | 8h | 265.32 | −0.189% | $387K | $17K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0128% | 1h | 265.51 | −0.117% | $226K | $1.8M | 50x | as long as short |
| Nado BCH-PERP | −0.0122% | 1h | 265.85 | +0.011% | $420K | $339K | 10x | as long as short |
| Gate BCH_USDT | −0.0117% | 8h | 265.70 | −0.045% | $8.3M | $13.3M | 75x | as long as short |
| MEXC BCH_USDT | −0.0114% | 8h | 266.15 | +0.124% | $70.3M | $6.9M | 200x | as long as short |
| Binance BCHUSDTshort | −0.0114% | 8h | 265.77 | −0.019% | $72.4M | $214.6M | 75x |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0112% | 1h | 265.78 | −0.017% | $116K | $956K | 25x | as long as short |
| Variational Omni BCH | −0.0109% | 8h | 265.60 | −0.083% | $81K | $201K | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0072% | 8h | 265.40 | −0.158% | $25.3M | $74.0M | 50x | as long as short |
| Bybit BCHUSDT | −0.0068% | 8h | 265.51 | −0.117% | $39.2M | $31.1M | 75x | as long as short |
| KuCoin BCHUSDTM | −0.0060% | 8h | 265.88 | +0.023% | $8.6M | $7.2M | 75x | as long as short |
| Bitget BCHUSDT | −0.0058% | 8h | 265.23 | −0.222% | $19.1M | $28.4M | 75x | as long as short |
| ApeX Omni BCHUSDT | −0.0055% | 1h | 265.17 | −0.245% | $97K | $226K | 50x | as long as short |
| BingX BCH-USDC | −0.0044% | 8h | 265.82 | 0.000% | — | $6.5M | — | as long as short |
| Kraken Futures PF_BCHUSD | −0.0031% | 1h | 266.10 | +0.105% | $853K | $3.0M | 50x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 266.00 | +0.068% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.69 | −0.049% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.70 | −0.045% | $1.1M | $10.3M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 266.02 | +0.076% | $446K | $311K | 25x | as long as short |
| BloFin BCH-USDT | +0.0006% | 8h | 265.92 | +0.038% | $3.9M | $4.2M | 50x | as long as short |
| Pacifica BCH | +0.0021% | 1h | 265.59 | −0.087% | $161K | $322K | 10x | as long as short |
| Orderly PERP_BCH_USDC | +0.0033% | 8h | 265.84 | +0.008% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.648% | $721 | $130K | 12x | as long as short |
| Lighter BCH | +0.0096% | 1h | 265.91 | +0.033% | $366K | $477K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.54 | −0.105% | $5.7M | $4.7M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 265.89 | +0.026% | $168K | $519K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 265.14 | −0.254% | $19K | $292K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0357% / S −0.0525% | 1h | 265.96 | +0.054% | $25K | — | 100x | as long as short |
HTX BCH-USDT
Binance BCHUSDT
SunX BCH-USDT
Phemex BCHUSDT
SoDEX BCH-USD
GRVT BCH_USDT_Perp
Coinbase International BCH-PERP-INTX
Gate BCH_USDT
MEXC BCH_USDT
Extended BCH-USD
Variational Omni BCH
OKX BCH-USDT-SWAP
Bybit BCHUSDT
KuCoin BCHUSDTM
Bitget BCHUSDT
ApeX Omni BCHUSDT
BingX BCH-USDC
Kraken Futures PF_BCHUSD
gTrade (Gains Network) BCH/USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
BloFin BCH-USDT
Pacifica BCH
Injective BCH/USDC PERP
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]