Funding you earn now, next payment 09:00 UTC−0.0092%/8h= −10.1% APRpaid last 24h +0.012%
Price spread now: KuCoin against Injective−0.466%85s7-day average −0.234% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)+0.620%+$62 · spread now −0.466%, 7d avg −0.234%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.232% cheaper against Injective than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.234%). Swap the legs. The two prices were read 85 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 | Injective BCH/USDC PERP | 270.20 | 0.0033 | pay 0.0004% / 1h | 21m 51s | $721 | $130K | 12x |
| Short | KuCoin BCHUSDTM | 268.94 | −0.0059 | pay 0.0059% / 8h | 7h 21m | $8.6M | $6.2M | 75x |
Injective BCH/USDC PERP
KuCoin BCHUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Injective. 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
- −$19.39
- Price spread: −0.466% → −0.234%
- −$23.23
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$54.64
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 6 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 KuCoin live order book, 6 min ago | 2.45 bp | 16.9 bp −$17 | 62.4 bp −$624 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex BCHUSDT | −0.0410% | 8h | 268.62 | −0.585% | $5.0M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0391% | 1h | 268.65 | −0.574% | $2K | $8K | 10x | as long as short |
| GRVT BCH_USDT_Perp | −0.0191% | 8h | 266.40 | −1.405% | $388K | $17K | 10x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0157% | 1h | 269.01 | −0.440% | $898K | $2.8M | 50x | as long as short |
| Variational Omni BCH | −0.0126% | 8h | 265.60 | −1.703% | $148K | $261K | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0098% | 8h | 268.50 | −0.629% | $25.4M | $79.2M | 50x | as long as short |
| Bitget BCHUSDT | −0.0067% | 8h | 268.73 | −0.544% | $19.2M | $27.8M | 75x | as long as short |
| MEXC BCH_USDT | −0.0061% | 8h | 269.32 | −0.326% | $72.1M | $9.4M | 200x | as long as short |
| Binance BCHUSDT | −0.0059% | 8h | 268.79 | −0.520% | $73.6M | $218.2M | 75x | as long as short |
| KuCoin BCHUSDTMshort | −0.0059% | 8h | 268.94 | −0.466% | $8.6M | $6.2M | 75x |
Phemex BCHUSDT
SoDEX BCH-USD
GRVT BCH_USDT_Perp
Kraken Futures PF_BCHUSD
Variational Omni BCH
OKX BCH-USDT-SWAP
Bitget BCHUSDT
MEXC BCH_USDT
Binance BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0056% | 1h | 268.58 | −0.600% | $118K | $918K | 25x | as long as short |
| Gate BCH_USDT | −0.0031% | 8h | 268.76 | −0.533% | $8.4M | $13.2M | 75x | as long as short |
| BingX BCH-USDT | −0.0005% | 8h | 268.64 | −0.577% | — | $15.2M | — | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 268.85 | −0.501% | $15K | — | 150x | as long as short |
| Pacifica BCH | −0.0002% | 1h | 267.99 | −0.819% | $156K | $299K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 268.05 | −0.797% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.63 | −0.581% | $1.0M | $9.5M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 268.85 | −0.498% | $422K | $358K | 25x | as long as short |
| Aster BCHUSDT | +0.0011% | 8h | 268.81 | −0.515% | $146K | $587K | 75x | as long as short |
| Bybit BCHUSDT | +0.0019% | 8h | 268.64 | −0.577% | $40.0M | $32.6M | 75x | as long as short |
| Injective BCH/USDC PERPlong | +0.0033% | 1h | 270.20 | long leg | $721 | $130K | 12x | |
| Nado BCH-PERP | +0.0042% | 1h | 268.51 | −0.625% | $459K | $396K | 10x | as long as short |
| Orderly PERP_BCH_USDC | +0.0044% | 8h | 268.76 | −0.533% | $2K | — | 10x | as long as short |
| BloFin BCH-USDT | +0.0059% | 8h | 267.85 | −0.870% | $3.6M | $5.2M | 50x | as long as short |
| ApeX Omni BCHUSDT | +0.0068% | 1h | 265.84 | −1.614% | $96K | $242K | 50x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0088% | 1h | 269.07 | −0.418% | $322K | $2.1M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 268.83 | −0.507% | $380K | $498K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.01 | −0.440% | $5.9M | $4.7M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 266.19 | −1.485% | $19K | $344K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 268.44 | −0.651% | $1K | $1.6M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 268.69 | −0.559% | $782K | $1.4M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0203% / S −0.0147% | 1h | 267.96 | −0.827% | $13K | — | 100x | as long as short |
Extended BCH-USD
Gate BCH_USDT
BingX BCH-USDT
gTrade (Gains Network) BCH/USD
Pacifica BCH
dYdX BCH-USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Aster BCHUSDT
Bybit BCHUSDT
Nado BCH-PERP
Orderly PERP_BCH_USDC
BloFin BCH-USDT
ApeX Omni BCHUSDT
Coinbase International BCH-PERP-INTX
Lighter BCH
Hyperliquid BCH
edgeX BCHUSDC
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]