BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0250%/8h= +27.4% APRnext payment +$2.50 per $10,000 · paid last 24h −0.010%

Price spread now: Gate against HTX+0.117%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$680.675% of the position

Long on HTX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.131%−$13 on $10k

Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.117%, 7d avg +0.024%

Together, before fees−0.204%−$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Gate is 0.094% dearer against HTX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.024%. Mind the row above: over the last 7 days funding on this pair cost −0.131%, 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 -0.131% in total (about -6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.50 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	264.38	−0.0224	get 0.0224% / 8h	2h 18m	$772K	$1.4M	75x
Short	Gate BCH_USDT	264.69	0.0026	get 0.0026% / 8h	2h 18m	$8.3M	$13.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against HTX. 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 HTXbpFee GatebpOrdersPrice spread, now +0.117%Rate

Funding earned: $52.53
Price spread: +0.117% → +0.024%: $9.36
Slippage, 4 orders: −$40.5
Fee HTX: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$5.61
Costs to cover: 0.675%
Break-even: 7.7 days

Slippage from HTX: live order book, 5 min ago; Gate: live order book, 5 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, 5 min ago	7.05 bp	13.4 bp −$13	190.6 bp −$1,906	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	2.47 bp	13.4 bp −$13	23.0 bp −$230	60.8 bp −$6,082	87.6 bp −$43.8K

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
HTX BCH-USDTlong	−0.0224%	8h	264.38	long leg	$772K	$1.4M	75x
SoDEX BCH-USD	−0.0201%	1h	264.54	+0.061%	$2K	$8K	10x	as long as short
Phemex BCHUSDT	−0.0185%	8h	264.53	+0.057%	$4.9M	$6.6M	50x	as long as short
Bitget BCHUSDT	−0.0106%	8h	264.61	+0.087%	$18.9M	$28.4M	75x	as long as short
KuCoin BCHUSDTM	−0.0095%	8h	264.73	+0.132%	$8.5M	$6.8M	75x	as long as short
Variational Omni BCH	−0.0076%	8h	263.30	−0.407%	$81K	$196K	—	as long as short
SunX BCH-USDT	−0.0073%	8h	264.46	+0.030%	$1K	$1.7M	30x	as long as short
OKX BCH-USDT-SWAP	−0.0071%	8h	264.50	+0.045%	$25.1M	$77.8M	50x	as long as short
Nado BCH-PERP	−0.0058%	1h	264.47	+0.035%	$433K	$354K	10x	as long as short
MEXC BCH_USDT	−0.0050%	8h	264.98	+0.227%	$70.4M	$8.4M	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	−0.0048%	1h	264.43	+0.020%	$115K	$1.1M	25x	as long as short
Binance BCHUSDT	−0.0048%	8h	264.55	+0.064%	$73.0M	$220.3M	75x	as long as short
Coinbase International BCH-PERP-INTX	−0.0040%	1h	264.80	+0.159%	$217K	$1.9M	50x	as long as short
Bybit BCHUSDT	−0.0029%	8h	264.40	+0.008%	$38.9M	$31.7M	75x	as long as short
BingX BCH-USDT	−0.0023%	8h	264.57	+0.072%	—	$32.9M	—	as long as short
GRVT BCH_USDT_Perp	−0.0022%	8h	262.55	−0.692%	$383K	$17K	10x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	264.62	+0.092%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	264.53	+0.056%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	264.41	+0.011%	$983K	$10.5M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	264.70	+0.121%	$441K	$333K	25x	as long as short
Gate BCH_USDTshort	+0.0026%	8h	264.69	+0.117%	$8.3M	$13.9M	75x
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.201%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0045%	8h	264.56	+0.068%	$2K	$176	10x	as long as short
Aster BCHUSDT	+0.0065%	8h	264.58	+0.075%	$153K	$556K	75x	as long as short
BloFin BCH-USDT	+0.0072%	8h	264.49	+0.042%	$3.9M	$4.4M	50x	as long as short
Lighter BCH	+0.0096%	1h	264.55	+0.065%	$353K	$497K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	264.78	+0.152%	$5.7M	$4.7M	10x	as long as short
Pacifica BCH	+0.0100%	1h	264.50	+0.045%	$158K	$309K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	263.56	−0.311%	$18K	$348K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	262.75	−0.617%	$94K	$237K	50x	as long as short
Kraken Futures PF_BCHUSD	+0.0180%	1h	264.73	+0.134%	$845K	$3.0M	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	264.68	+0.114%	$12K	—	100x	as long as short