BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0079%/8h= +8.7% APRnext payment +$0.79 per $10,000 · paid last 24h −0.007%

Price spread now: Gate against KuCoin−0.072%7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$620.625% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.088%−$9 on $10k

Price spread, last 7 days+0.046%+$5 · spread now −0.072%, 7d avg −0.018%

Together, before fees−0.042%−$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.054% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of −0.018%). If the spread goes back, that is −$5 on $10k: about 2.3 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.088%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BCHUSDTM	264.92	−0.0090	get 0.0090% / 8h	1h 02m	$8.5M	$6.6M	75x
Short	Gate BCH_USDT	264.73	−0.0011	pay 0.0011% / 8h	1h 02m	$8.3M	$13.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.072%Rate

Funding earned: $16.59
Price spread: −0.072% → −0.018%: −$5.36
Slippage, 4 orders: −$35.45
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$51.23
Costs to cover: 0.625%
Break-even: 28.6 days

Slippage from KuCoin: live order book, 5 min ago; Gate: live order book, 1 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	1.88 bp	19.5 bp −$20	54.4 bp −$544	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	1.70 bp	13.4 bp −$13	20.7 bp −$207	62.3 bp −$6,226	88.8 bp −$44.4K

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	−0.0351%	1h	264.79	−0.049%	$2K	$8K	10x	as long as short
Phemex BCHUSDT	−0.0157%	8h	264.83	−0.034%	$4.9M	$6.6M	50x	as long as short
HTX BCH-USDT	−0.0144%	8h	264.87	−0.019%	$774K	$1.4M	75x	as long as short
Kraken Futures PF_BCHUSD	−0.0103%	1h	265.01	+0.034%	$862K	$2.9M	50x	as long as short
Variational Omni BCH	−0.0094%	8h	265.40	+0.183%	$81K	$196K	—	as long as short
KuCoin BCHUSDTMlong	−0.0090%	8h	264.92	long leg	$8.5M	$6.6M	75x
Bitget BCHUSDT	−0.0078%	8h	264.65	−0.102%	$18.9M	$28.3M	75x	as long as short
Bybit BCHUSDT	−0.0072%	8h	264.56	−0.136%	$38.9M	$31.8M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0069%	8h	264.50	−0.159%	$25.2M	$77.6M	50x	as long as short
Extended BCH-USD	−0.0048%	1h	264.53	−0.148%	$111K	$865K	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	−0.0048%	8h	264.66	−0.098%	$72.9M	$219.5M	75x	as long as short
MEXC BCH_USDT	−0.0047%	8h	265.09	+0.064%	$70.8M	$8.8M	200x	as long as short
BingX BCH-USDC	−0.0034%	8h	264.62	−0.113%	—	$6.5M	—	as long as short
GRVT BCH_USDT_Perp	−0.0028%	8h	265.22	+0.113%	$387K	$17K	10x	as long as short
Nado BCH-PERP	−0.0012%	1h	264.88	−0.013%	$434K	$357K	10x	as long as short
Gate BCH_USDTshort	−0.0011%	8h	264.73	−0.072%	$8.3M	$13.9M	75x
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	265.02	+0.039%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	264.96	+0.016%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	265.15	+0.087%	$985K	$10.5M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	264.95	+0.013%	$441K	$337K	25x	as long as short
Coinbase International BCH-PERP-INTX	+0.0008%	1h	265.90	+0.370%	$225K	$1.9M	50x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.993%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0046%	8h	264.81	−0.042%	$2K	$176	10x	as long as short
Aster BCHUSDT	+0.0047%	8h	264.59	−0.126%	$137K	$590K	75x	as long as short
BloFin BCH-USDT	+0.0072%	8h	265.01	+0.034%	$3.9M	$4.5M	50x	as long as short
Lighter BCH	+0.0096%	1h	264.67	−0.096%	$352K	$496K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	264.80	−0.045%	$5.7M	$4.7M	10x	as long as short
Pacifica BCH	+0.0100%	1h	264.63	−0.109%	$159K	$311K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	265.19	+0.103%	$19K	$345K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	265.32	+0.151%	$95K	$240K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	264.81	−0.042%	$2K	$1.7M	30x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	264.96	+0.013%	$12K	—	100x	as long as short