Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.4% APRpaid last 24h +0.025%
Price spread now: MEXC against Injective−0.722%100s7-day average +0.121% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.187%−$19 on $10k
+Price spread, last 3 days (all we have)+2.311%+$231 · spread now −0.722%, 7d avg +0.121%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.843% cheaper against Injective than usual: you would sell low and buy high (−$84 if the spread goes back to its 7-day average of +0.121%). Swap the legs. The two prices were read 100 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 | 55m 40s | $721 | $130K | 12x |
| Short | MEXC BCH_USDT | 268.25 | −0.0034 | pay 0.0034% / 8h | 7h 55m | $70.3M | $6.6M | 200x |
Injective BCH/USDC PERP
MEXC BCH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$14.14
- Price spread: −0.722% → +0.121%
- −$84.29
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$102.45
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 3 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 MEXC live order book, 3 min ago | 3.91 bp | 6.6 bp −$7 | 15.9 bp −$159 | 47.4 bp −$4,736 | 108.2 bp −$54.1K |
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 | −0.1085% | 8h | 267.96 | −0.829% | $4.9M | $6.5M | 50x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0391% | 1h | 268.11 | −0.774% | $453K | $266K | 25x | as long as short |
| SoDEX BCH-USD | −0.0388% | 1h | 267.99 | −0.818% | $2K | $6K | 10x | as long as short |
| Variational Omni BCH | −0.0132% | 8h | 268.01 | −0.809% | $82K | $292K | — | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 267.42 | −1.029% | $226K | $2.1M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 268.19 | −0.745% | $856K | $3.2M | 50x | as long as short |
| ApeX Omni BCHUSDT | −0.0037% | 1h | 266.85 | −1.240% | $72K | $214K | 50x | as long as short |
| Binance BCHUSDT | −0.0036% | 8h | 267.74 | −0.910% | $73.0M | $235.6M | 75x | as long as short |
| MEXC BCH_USDTshort | −0.0034% | 8h | 268.25 | −0.722% | $70.3M | $6.6M | 200x | |
| Nado BCH-PERP | −0.0033% | 1h | 267.95 | −0.832% | $441K | $435K | 10x | as long as short |
Phemex BCHUSDT
Deribit BCH_USDC-PERPETUAL
SoDEX BCH-USD
Variational Omni BCH
Coinbase International BCH-PERP-INTX
Kraken Futures PF_BCHUSD
ApeX Omni BCHUSDT
Binance BCHUSDT
Nado BCH-PERPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0032% | 1h | 267.87 | −0.864% | $115K | $648K | 25x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 268.16 | −0.754% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.41 | −0.662% | $1.1M | $11.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 268.19 | −0.744% | $4K | — | 150x | as long as short |
| Bybit BCHUSDT | +0.0009% | 8h | 267.74 | −0.910% | $39.5M | $33.2M | 75x | as long as short |
| HTX BCH-USDT | +0.0015% | 8h | 267.88 | −0.859% | $774K | $1.7M | 75x | as long as short |
| Bitget BCHUSDT | +0.0016% | 8h | 267.64 | −0.947% | $19.2M | $30.1M | 75x | as long as short |
| GRVT BCH_USDT_Perp | +0.0016% | 8h | 266.96 | −1.198% | $389K | $17K | 10x | as long as short |
| OKX BCH-USDT-SWAP | +0.0026% | 8h | 267.70 | −0.925% | $26.0M | $78.6M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0030% | 8h | 267.96 | −0.829% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERPlong | +0.0033% | 1h | 270.20 | long leg | $721 | $130K | 12x | |
| Gate BCH_USDT | +0.0034% | 8h | 267.98 | −0.822% | $8.4M | $14.0M | 75x | as long as short |
| BloFin BCH-USDT | +0.0086% | 8h | 267.99 | −0.818% | $3.9M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 267.78 | −0.896% | $369K | $526K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 268.18 | −0.748% | $6.0M | $4.5M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 268.02 | −0.807% | $174K | $715K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 267.81 | −0.885% | $163K | $430K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 268.01 | −0.811% | $9.0M | $7.7M | 75x | as long as short |
| BingX BCH-USDC | +0.0100% | 8h | 267.99 | −0.818% | — | $6.5M | — | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 267.01 | −1.182% | $19K | $290K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 267.78 | −0.896% | $1K | $2.0M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0333% / S −0.0224% | 1h | 268.17 | −0.751% | $31K | — | 100x | as long as short |
Extended BCH-USD
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Bybit BCHUSDT
HTX BCH-USDT
Bitget BCHUSDT
GRVT BCH_USDT_Perp
OKX BCH-USDT-SWAP
Orderly PERP_BCH_USDC
Gate BCH_USDT
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
BingX BCH-USDC
edgeX BCHUSDC
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]