Funding you earn now, next payment 11:00 UTC−0.0070%/8h= −7.7% APRpaid last 24h −0.072%
Price spread now: Deribit against KuCoin+0.014%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$540.542% of the position
Funding, last 7 days−0.259%−$26 on $10k
+Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.014%, 7d avg −0.003%
=The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BCHUSDTM | 270.01 | −0.0002 | get 0.0002% / 8h | 5h 51m | $8.8M | $5.5M | 75x |
| Short | Deribit BCH_USDC-PERPETUAL | 270.05 | −0.0072 | pay 0.0009% / 1h | 51m 01s | $426K | $356K | 25x |
KuCoin BCHUSDTM
Deribit BCH_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against KuCoin. 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
- −$14.71
- Price spread: +0.014% → −0.003%
- $1.72
- Slippage, 4 orders
- −$35.2
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$67.18
- Costs to cover
- 0.542%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Deribit: live order book, 60 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, 5 min ago | 1.30 bp | 16.5 bp −$17 | 71.8 bp −$718 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 60 min ago | 4.17 bp | 8.3 bp −$8 | 13.7 bp −$137 | doesn't fit | doesn't fit |
BCH on 32 exchanges
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 | −0.0417% | 1h | 269.89 | −0.044% | $2K | $8K | 10x | as long as short |
| Phemex BCHUSDT | −0.0290% | 8h | 269.90 | −0.041% | $4.9M | $6.3M | 50x | as long as short |
| ApeX Omni BCHUSDT | −0.0170% | 1h | 270.02 | +0.004% | $98K | $245K | 50x | as long as short |
| Variational Omni BCH | −0.0131% | 8h | 269.88 | −0.048% | $152K | $229K | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0114% | 8h | 269.90 | −0.041% | $26.0M | $75.5M | 50x | as long as short |
| Bybit BCHUSDT | −0.0090% | 8h | 270.00 | −0.004% | $39.5M | $30.9M | 75x | as long as short |
| Deribit BCH_USDC-PERPETUALshort | −0.0072% | 1h | 270.05 | +0.014% | $426K | $356K | 25x | |
| Binance BCHUSDT | −0.0068% | 8h | 269.97 | −0.015% | $74.2M | $201.2M | 75x | as long as short |
| MEXC BCH_USDT | −0.0067% | 8h | 270.66 | +0.241% | $73.5M | $9.4M | 200x | as long as short |
| Extended BCH-USD | −0.0064% | 1h | 269.86 | −0.055% | $118K | $917K | 25x | as long as short |
SoDEX BCH-USD
Phemex BCHUSDT
ApeX Omni BCHUSDT
Variational Omni BCH
OKX BCH-USDT-SWAP
Bybit BCHUSDT
Binance BCHUSDT
MEXC BCH_USDT
Extended BCH-USDShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BCH_USDT_Perp | −0.0063% | 8h | 270.04 | +0.011% | $394K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0062% | 8h | 270.03 | +0.007% | $8.2M | $12.2M | 75x | as long as short |
| BingX BCH-USDC | −0.0005% | 8h | 269.96 | −0.019% | — | $6.5M | — | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0003% / S +0.0007% | 1h | 269.91 | −0.038% | $18K | — | 150x | as long as short |
| KuCoin BCHUSDTMlong | −0.0002% | 8h | 270.01 | long leg | $8.8M | $5.5M | 75x | |
| dYdX BCH-USD | 0.0000% | 1h | 269.99 | −0.008% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 270.16 | +0.056% | $1.0M | $8.7M | 2.7x | as long as short |
| Bitget BCHUSDT | +0.0001% | 8h | 270.01 | 0.000% | $19.4M | $26.0M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0024% | 1h | 270.14 | +0.049% | $875K | $2.5M | 50x | as long as short |
| HTX BCH-USDT | +0.0026% | 8h | 269.85 | −0.059% | $788K | $1.2M | 75x | as long as short |
| Pacifica BCH | +0.0033% | 1h | 269.78 | −0.085% | $156K | $270K | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.070% | $721 | $130K | 12x | as long as short |
| Aster BCHUSDT | +0.0038% | 8h | 269.87 | −0.052% | $146K | $507K | 75x | as long as short |
| Orderly PERP_BCH_USDC | +0.0041% | 8h | 269.91 | −0.037% | $2K | $540 | 10x | as long as short |
| Nado BCH-PERP | +0.0049% | 1h | 269.74 | −0.099% | $460K | $374K | 10x | as long as short |
| BloFin BCH-USDT | +0.0052% | 8h | 269.95 | −0.022% | $3.6M | $5.4M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 270.04 | +0.010% | $395K | $432K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 270.24 | +0.085% | $6.0M | $4.5M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 269.95 | −0.023% | $19K | $346K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 269.73 | −0.104% | $1K | $1.4M | 30x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0200% | 1h | 270.12 | +0.041% | $357K | $2.1M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0227% / S −0.0201% | 1h | 269.85 | −0.061% | $15K | — | 100x | as long as short |
GRVT BCH_USDT_Perp
Gate BCH_USDT
BingX BCH-USDC
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Bitget BCHUSDT
Kraken Futures PF_BCHUSD
HTX BCH-USDT
Pacifica BCH
Injective BCH/USDC PERP
Aster BCHUSDT
Orderly PERP_BCH_USDC
Nado BCH-PERP
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
edgeX BCHUSDC
SunX BCH-USDT
Coinbase International BCH-PERP-INTX
GMX BCH/USD [WBTC.b-USDC]