Funding you earn now, next payment 00:00 UTC−0.0075%/8h= −8.2% APRnext payment −$0.75 per $10,000 · paid last 24h +0.030%
Price spread now: BloFin against HTX−0.160%59s7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$550.548% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 3 days (all we have)+0.221%+$22 · spread now −0.160%, 7d avg +0.008%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.168% cheaper against HTX than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.008%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.074%, so the current rate has only just turned against you. The two prices were read 59 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 | HTX BCH-USDT | 268.55 | 0.0100 | pay 0.0100% / 8h | 2h 09m | $773K | $1.6M | 75x |
| Short | BloFin BCH-USDT | 268.12 | 0.0025 | get 0.0025% / 8h | 2h 09m | $4.0M | $4.1M | 50x |
HTX BCH-USDT
BloFin BCH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$15.8
- Price spread: −0.160% → +0.008%
- −$16.77
- Slippage, 4 orders
- −$30.76
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$87.32
- Costs to cover
- 0.548%
- Break-even
- never at this rate
Slippage from HTX: live order book, 4 min ago; BloFin: 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 | 7.46 bp | 15.5 bp −$16 | 158.8 bp −$1,588 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 9 min ago | 0.37 bp | 8.1 bp −$8 | 15.8 bp −$158 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BCH/USDC PERP | −0.0304% | 1h | 268.50 | −0.019% | $716 | $110K | 12x | as long as short |
| Phemex BCHUSDT | −0.0191% | 8h | 268.71 | +0.060% | $4.9M | $6.2M | 50x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0181% | 1h | 268.85 | +0.112% | $440K | $247K | 25x | as long as short |
| SoDEX BCH-USD | −0.0143% | 1h | 268.66 | +0.041% | $2K | $6K | 10x | as long as short |
| Extended BCH-USD | −0.0096% | 1h | 268.52 | −0.010% | $115K | $653K | 25x | as long as short |
| Binance BCHUSDT | −0.0094% | 8h | 268.56 | +0.006% | $74.0M | $229.3M | 75x | as long as short |
| MEXC BCH_USDT | −0.0094% | 8h | 269.29 | +0.276% | $71.3M | $6.4M | 200x | as long as short |
| Variational Omni BCH | −0.0070% | 8h | 268.14 | −0.151% | $85K | $291K | — | as long as short |
| Bitget BCHUSDT | −0.0036% | 8h | 268.53 | −0.007% | $19.9M | $29.0M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0024% | 1h | 268.81 | +0.097% | $242K | $2.1M | 50x | as long as short |
Injective BCH/USDC PERP
Phemex BCHUSDT
Deribit BCH_USDC-PERPETUAL
SoDEX BCH-USD
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
Variational Omni BCH
Bitget BCHUSDT
Coinbase International BCH-PERP-INTXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BCH_USDT | −0.0019% | 8h | 268.59 | +0.015% | $8.4M | $14.4M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0019% | 8h | 268.26 | −0.107% | $391K | $17K | 10x | as long as short |
| Bybit BCHUSDT | −0.0002% | 8h | 268.60 | +0.019% | $39.4M | $32.1M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 268.79 | +0.091% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.91 | +0.134% | $1.1M | $11.3M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 268.86 | +0.115% | $4K | — | 150x | as long as short |
| BingX BCH-USDT | +0.0024% | 8h | 268.63 | +0.030% | — | $32.0M | — | as long as short |
| BloFin BCH-USDTshort | +0.0025% | 8h | 268.12 | −0.160% | $4.0M | $4.1M | 50x | |
| Orderly PERP_BCH_USDC | +0.0027% | 8h | 268.68 | +0.048% | $2K | $176 | 10x | as long as short |
| OKX BCH-USDT-SWAP | +0.0029% | 8h | 268.50 | −0.019% | $26.3M | $76.1M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0074% | 1h | 268.96 | +0.154% | $806K | $3.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 268.68 | +0.048% | $377K | $581K | 10x | as long as short |
| Nado BCH-PERP | +0.0100% | 1h | 268.55 | 0.000% | $440K | $425K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 268.97 | +0.156% | $6.0M | $4.1M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 268.68 | +0.047% | $236K | $660K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 268.66 | +0.042% | $170K | $455K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 268.75 | +0.074% | $8.9M | $7.9M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 268.22 | −0.122% | $19K | $288K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 268.24 | −0.115% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 268.59 | +0.015% | $1K | $2.0M | 30x | as long as short |
| HTX BCH-USDTlong | +0.0100% | 8h | 268.55 | long leg | $773K | $1.6M | 75x | |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0373% / S −0.0574% | 1h | 268.86 | +0.115% | $26K | — | 100x | as long as short |
Gate BCH_USDT
GRVT BCH_USDT_Perp
Bybit BCHUSDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
BingX BCH-USDT
Orderly PERP_BCH_USDC
OKX BCH-USDT-SWAP
Kraken Futures PF_BCHUSD
Lighter BCH
Nado BCH-PERP
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]