BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0161%/8h= +17.7% APRnext payment +$1.61 per $10,000 · paid last 24h +0.024%

Price spread now: BloFin against KuCoin−0.053%95s7-day average −0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$42as 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−$540.538% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.119%+$12 on $10k

Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.053%, 7d avg −0.026%

Together, before fees+0.120%+$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.027% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of −0.026%). If the spread goes back, that is −$3 on $10k: about 13 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.119% in total) that is about 38 hours. The two prices were read 95 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	KuCoin BCHUSDTM	264.43	−0.0092	get 0.0092% / 8h	35m 35s	$8.5M	$6.4M	75x
Short	BloFin BCH-USDT	264.29	0.0069	get 0.0069% / 8h	35m 35s	$3.9M	$4.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now −0.053%Rate

Funding earned: $33.86
Price spread: −0.053% → −0.026%: −$2.65
Slippage, 4 orders: −$29.81
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$22.6
Costs to cover: 0.538%
Break-even: 11.7 days

Slippage from KuCoin: live order book, 3 min ago; BloFin: live order book, 3 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 KuCoin live order book, 3 min ago	2.27 bp	18.8 bp −$19	52.1 bp −$521	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	0.57 bp	9.1 bp −$9	15.5 bp −$155	36.1 bp −$3,612	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
SoDEX BCH-USD	−0.0344%	1h	264.10	−0.125%	$2K	$8K	10x	as long as short
Kraken Futures PF_BCHUSD	−0.0220%	1h	264.38	−0.018%	$858K	$2.8M	50x	as long as short
Phemex BCHUSDT	−0.0151%	8h	264.27	−0.061%	$4.9M	$6.6M	50x	as long as short
Variational Omni BCH	−0.0120%	8h	264.10	−0.125%	$81K	$196K	—	as long as short
HTX BCH-USDT	−0.0110%	8h	264.06	−0.140%	$772K	$1.4M	75x	as long as short
Bybit BCHUSDT	−0.0097%	8h	264.10	−0.125%	$38.8M	$31.2M	75x	as long as short
KuCoin BCHUSDTMlong	−0.0092%	8h	264.43	long leg	$8.5M	$6.4M	75x
Bitget BCHUSDT	−0.0073%	8h	264.11	−0.121%	$19.1M	$27.3M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0059%	8h	264.10	−0.125%	$25.1M	$76.8M	50x	as long as short
Extended BCH-USD	−0.0056%	1h	263.98	−0.172%	$111K	$909K	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BCHUSDT	−0.0052%	8h	264.19	−0.092%	$72.8M	$215.6M	75x	as long as short
MEXC BCH_USDT	−0.0052%	8h	264.53	+0.038%	$70.5M	$8.8M	200x	as long as short
BingX BCH-USDT	−0.0038%	8h	264.19	−0.091%	—	$15.4M	—	as long as short
GRVT BCH_USDT_Perp	−0.0038%	8h	264.90	+0.177%	$386K	$17K	10x	as long as short
Gate BCH_USDT	−0.0024%	8h	264.37	−0.023%	$8.3M	$13.6M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	264.33	−0.039%	$15K	—	150x	as long as short
Pacifica BCH	−0.0003%	1h	264.21	−0.082%	$158K	$303K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	264.42	−0.003%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	264.54	+0.042%	$994K	$10.2M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	264.34	−0.033%	$426K	$351K	25x	as long as short
Aster BCHUSDT	+0.0025%	8h	264.40	−0.010%	$136K	$593K	75x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.182%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0046%	8h	264.22	−0.079%	$2K	$176	10x	as long as short
BloFin BCH-USDTshort	+0.0069%	8h	264.29	−0.053%	$3.9M	$4.5M	50x
Nado BCH-PERP	+0.0086%	1h	263.97	−0.174%	$433K	$360K	10x	as long as short
Coinbase International BCH-PERP-INTX	+0.0088%	1h	264.37	−0.023%	$246K	$1.9M	50x	as long as short
Lighter BCH	+0.0096%	1h	264.25	−0.067%	$352K	$469K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	264.45	+0.008%	$5.7M	$4.6M	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	264.88	+0.170%	$19K	$344K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	265.76	+0.503%	$95K	$242K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	264.00	−0.163%	$2K	$1.6M	30x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	264.35	−0.030%	$12K	—	100x	as long as short