BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.033%

Price spread now: Hyperliquid against Injective−2.119%7-day average −0.095% · you buy dearer than you sell

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

Long on Injective Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days−0.102%−$10 on $10k

Price spread, last 4 days (all we have)+2.678%+$268 · spread now −2.119%, 7d avg −0.095%

Together, before fees+2.576%+ Points / potential airdropHyperliquid: Season 2 · farm board+$258 on $10k · with fees, hour by hour

Funding pays, the price is against you. Hyperliquid is 2.024% cheaper against Injective than usual: you would sell low and buy high (spread −2.119% now, against its 7-day average of −0.095%). If the spread goes back, that is −$202 on $10k: about 3 months of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.102%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective BCH/USDC PERP	270.20	0.0033	pay 0.0004% / 1h	51m 17s	$721	$130K	12x
Short	Hyperliquid BCH	264.47	0.0100	get 0.0013% / 1h	51m 17s	$5.7M	$4.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 InjectivebpFee HyperliquidbpOrdersPrice spread, now −2.119%Rate

Funding earned: $14
Price spread: −2.119% → −0.095%: −$202.4
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$197.42
Costs to cover: 0.090%
Break-even: 105.7 days

Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 11 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 Injective no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 11 min ago	0.75 bp	8.1 bp −$8	doesn't fit	doesn't fit	doesn't fit

Injective: 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
SunX BCH-USDT	−0.0824%	8h	264.08	−2.265%	$2K	$1.7M	30x	as long as short
SoDEX BCH-USD	−0.0394%	1h	263.99	−2.298%	$2K	$8K	10x	as long as short
HTX BCH-USDT	−0.0344%	8h	264.02	−2.287%	$770K	$1.4M	75x	as long as short
Phemex BCHUSDT	−0.0327%	8h	264.06	−2.272%	$4.9M	$6.3M	50x	as long as short
Nado BCH-PERP	−0.0195%	1h	264.05	−2.276%	$420K	$338K	10x	as long as short
GRVT BCH_USDT_Perp	−0.0114%	8h	264.97	−1.937%	$386K	$17K	10x	as long as short
Binance BCHUSDT	−0.0105%	8h	264.11	−2.255%	$71.9M	$213.4M	75x	as long as short
Extended BCH-USD	−0.0104%	1h	263.88	−2.339%	$112K	$952K	25x	as long as short
MEXC BCH_USDT	−0.0104%	8h	264.54	−2.095%	$70.0M	$7.3M	200x	as long as short
Coinbase International BCH-PERP-INTX	−0.0104%	1h	265.07	−1.899%	$221K	$1.8M	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BCH_USDT	−0.0099%	8h	264.16	−2.235%	$8.3M	$13.3M	75x	as long as short
Variational Omni BCH	−0.0092%	8h	265.11	−1.885%	$81K	$201K	—	as long as short
OKX BCH-USDT-SWAP	−0.0087%	8h	264.00	−2.295%	$24.9M	$73.9M	50x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0083%	1h	264.15	−2.237%	$442K	$331K	25x	as long as short
KuCoin BCHUSDTM	−0.0083%	8h	264.18	−2.228%	$8.5M	$7.1M	75x	as long as short
Bitget BCHUSDT	−0.0074%	8h	264.13	−2.246%	$19.0M	$28.1M	75x	as long as short
Bybit BCHUSDT	−0.0030%	8h	264.01	−2.291%	$39.0M	$30.9M	75x	as long as short
BingX BCH-USDT	−0.0025%	8h	264.28	−2.191%	—	$32.1M	—	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	264.29	−2.187%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	264.43	−2.136%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	264.72	−2.028%	$1.1M	$10.2M	2.7x	as long as short
Kraken Futures PF_BCHUSD	+0.0011%	1h	264.21	−2.218%	$846K	$3.0M	50x	as long as short
BloFin BCH-USDT	+0.0015%	8h	264.27	−2.195%	$3.9M	$4.2M	50x	as long as short
Injective BCH/USDC PERPlong	+0.0033%	1h	270.20	long leg	$721	$130K	12x
Orderly PERP_BCH_USDC	+0.0035%	8h	264.01	−2.291%	$2K	$176	10x	as long as short
ApeX Omni BCHUSDT	+0.0060%	1h	264.95	−1.943%	$96K	$228K	50x	as long as short
Pacifica BCH	+0.0077%	1h	264.11	−2.253%	$161K	$321K	10x	as long as short
Lighter BCH	+0.0096%	1h	264.07	−2.269%	$361K	$482K	10x	as long as short
Hyperliquid BCHshort	+0.0100%	1h	264.47	−2.119%	$5.7M	$4.6M	10x
Aster BCHUSDT	+0.0100%	8h	264.32	−2.176%	$167K	$519K	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	264.82	−1.991%	$19K	$290K	20x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0356% / S −0.0525%	1h	264.30	−2.184%	$25K	—	100x	as long as short