BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0140%/8h= −15.4% APRnext payment −$1.40 per $10,000 · paid last 24h −0.019%

Price spread now: Bybit against KuCoin+0.045%7-day average −0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$550.552% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.089%−$9 on $10k

Price spread, last 7 days−0.084%−$8 · spread now +0.045%, 7d avg −0.054%

Together, before fees−0.174%−$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.099% dearer against KuCoin than usual: you sell high and buy low (spread +0.045% now, against its 7-day average of −0.054%): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 7 days (−0.089% in total) that is about 7.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BCHUSDTM	265.48	0.0066	pay 0.0066% / 8h	6h 43m	$8.6M	$7.6M	75x
Short	Bybit BCHUSDT	265.60	−0.0074	pay 0.0074% / 8h	6h 43m	$39.1M	$33.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.045%Rate

Funding earned: −$29.48
Price spread: +0.045% → −0.054%: $9.92
Slippage, 4 orders: −$32.21
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$74.77
Costs to cover: 0.552%
Break-even: never at this rate

Slippage from KuCoin: live order book, 9 min ago; Bybit: 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 KuCoin live order book, 9 min ago	2.44 bp	15.8 bp −$16	128.1 bp −$1,281	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	1.88 bp	10.2 bp −$10	21.8 bp −$218	76.5 bp −$7,645	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	−0.0500%	1h	265.56	+0.030%	$2K	$6K	10x	as long as short
Phemex BCHUSDT	−0.0398%	8h	265.62	+0.053%	$4.9M	$6.5M	50x	as long as short
Kraken Futures PF_BCHUSD	−0.0299%	1h	265.83	+0.131%	$850K	$3.1M	50x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0235%	1h	265.61	+0.048%	$449K	$266K	25x	as long as short
GRVT BCH_USDT_Perp	−0.0195%	8h	266.22	+0.277%	$388K	$17K	10x	as long as short
Gate BCH_USDT	−0.0158%	8h	265.63	+0.057%	$8.4M	$13.2M	75x	as long as short
ApeX Omni BCHUSDT	−0.0156%	1h	265.88	+0.151%	$97K	$227K	50x	as long as short
Variational Omni BCH	−0.0125%	8h	265.41	−0.027%	$81K	$285K	—	as long as short
Coinbase International BCH-PERP-INTX	−0.0112%	1h	266.10	+0.234%	$236K	$2.1M	50x	as long as short
Binance BCHUSDT	−0.0090%	8h	265.64	+0.060%	$71.8M	$233.5M	75x	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	−0.0088%	1h	265.48	+0.001%	$112K	$965K	25x	as long as short
MEXC BCH_USDT	−0.0088%	8h	265.87	+0.147%	$69.7M	$6.8M	200x	as long as short
Bybit BCHUSDTshort	−0.0074%	8h	265.60	+0.045%	$39.1M	$33.2M	75x
HTX BCH-USDT	−0.0059%	8h	265.10	−0.143%	$775K	$1.6M	75x	as long as short
SunX BCH-USDT	−0.0050%	8h	265.00	−0.181%	$2K	$1.9M	30x	as long as short
Bitget BCHUSDT	−0.0034%	8h	265.59	+0.041%	$19.0M	$29.4M	75x	as long as short
Nado BCH-PERP	−0.0031%	1h	265.35	−0.050%	$434K	$425K	10x	as long as short
OKX BCH-USDT-SWAP	−0.0030%	8h	265.60	+0.045%	$25.9M	$76.6M	50x	as long as short
BingX BCH-USDT	−0.0023%	8h	265.57	+0.034%	—	$32.3M	—	as long as short
dYdX BCH-USD	0.0000%	1h	265.25	−0.085%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	265.75	+0.102%	$1.1M	$11.0M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	265.54	+0.021%	$4K	—	150x	as long as short
Orderly PERP_BCH_USDC	+0.0029%	8h	265.46	−0.008%	$2K	$176	10x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.778%	$721	$130K	12x	as long as short
BloFin BCH-USDT	+0.0034%	8h	266.13	+0.245%	$3.9M	$4.2M	50x	as long as short
Pacifica BCH	+0.0040%	1h	265.20	−0.104%	$161K	$407K	10x	as long as short
KuCoin BCHUSDTMlong	+0.0066%	8h	265.48	long leg	$8.6M	$7.6M	75x
Lighter BCH	+0.0096%	1h	265.55	+0.026%	$366K	$478K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.83	+0.132%	$5.8M	$5.0M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	265.52	+0.015%	$165K	$688K	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	265.61	+0.047%	$19K	$292K	20x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0333% / S −0.0451%	1h	265.45	−0.011%	$25K	—	100x	as long as short