Funding you earn now, next payment 00:00 UTC−0.0245%/8h= −26.9% APRnext payment −$2.45 per $10,000 · paid last 24h −0.021%
Price spread now: Variational Omni against KuCoin+0.019%7-day average −0.044% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.058%−$6 on $10k
+Price spread, last 3 days (all we have)−0.066%−$7 · spread now +0.019%, 7d avg −0.044%
=Together, before fees−0.124%+ Points / potential airdropVariational Omni: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.063% dearer against KuCoin than usual: you sell high and buy low (spread +0.019% now, against its 7-day average of −0.044%): +$6 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 3 days (−0.058% in total) that is about 3.6 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.058% in total (about -6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.45 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BCHUSDTM | 266.07 | 0.0100 | pay 0.0100% / 8h | 22m 08s | $9.0M | $7.8M | 75x |
| Short | Variational Omni BCH | 266.12 | −0.0145 | pay 0.0145% / 8h | 22m 08s | $82K | $292K | — |
KuCoin BCHUSDTM
Variational Omni BCHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$51.53
- Price spread: +0.019% → −0.044%
- $6.29
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$57.24
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 1 min ago; Variational Omni: RFQ quote, 57 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 KuCoin live order book, 1 min ago | 2.45 bp | 17.5 bp −$18 | 65.1 bp −$651 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 57 min ago | 5.95 bp | doesn't fit | 25.6 bp −$256 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0366% | 1h | 266.04 | −0.011% | $449K | $266K | 25x | as long as short |
| ApeX Omni BCHUSDT | −0.0248% | 1h | 265.74 | −0.124% | $72K | $213K | 50x | as long as short |
| SoDEX BCH-USD | −0.0238% | 1h | 265.86 | −0.079% | $2K | $6K | 10x | as long as short |
| Variational Omni BCHshort | −0.0145% | 8h | 266.12 | +0.019% | $82K | $292K | — | |
| Kraken Futures PF_BCHUSD | −0.0126% | 1h | 266.15 | +0.032% | $848K | $3.1M | 50x | as long as short |
| Phemex BCHUSDT | −0.0090% | 8h | 266.10 | +0.011% | $4.8M | $6.4M | 50x | as long as short |
| Bybit BCHUSDT | −0.0087% | 8h | 265.90 | −0.064% | $39.2M | $32.9M | 75x | as long as short |
| Injective BCH/USDC PERP | −0.0054% | 1h | 270.20 | +1.552% | $721 | $130K | 12x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0032% | 1h | 265.43 | −0.241% | $223K | $2.1M | 50x | as long as short |
| Extended BCH-USD | −0.0024% | 1h | 265.81 | −0.099% | $114K | $652K | 25x | as long as short |
Deribit BCH_USDC-PERPETUAL
ApeX Omni BCHUSDT
SoDEX BCH-USD
Kraken Futures PF_BCHUSD
Phemex BCHUSDT
Bybit BCHUSDT
Injective BCH/USDC PERP
Coinbase International BCH-PERP-INTX
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0021% | 8h | 265.93 | −0.051% | $72.9M | $232.9M | 75x | as long as short |
| MEXC BCH_USDT | −0.0020% | 8h | 266.43 | +0.135% | $69.8M | $6.9M | 200x | as long as short |
| Gate BCH_USDT | −0.0011% | 8h | 266.02 | −0.019% | $8.3M | $14.8M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.69 | −0.143% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 266.24 | +0.064% | $1.2M | $11.7M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 266.26 | +0.071% | $4K | — | 150x | as long as short |
| Bitget BCHUSDT | +0.0025% | 8h | 265.90 | −0.064% | $19.0M | $30.0M | 75x | as long as short |
| GRVT BCH_USDT_Perp | +0.0026% | 8h | 266.22 | +0.057% | $388K | $17K | 10x | as long as short |
| Orderly PERP_BCH_USDC | +0.0028% | 8h | 265.94 | −0.049% | $2K | $176 | 10x | as long as short |
| OKX BCH-USDT-SWAP | +0.0038% | 8h | 265.90 | −0.064% | $25.8M | $78.0M | 50x | as long as short |
| BingX BCH-USDC | +0.0039% | 8h | 265.90 | −0.064% | — | $6.5M | — | as long as short |
| Nado BCH-PERP | +0.0083% | 1h | 265.73 | −0.128% | $443K | $435K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 265.94 | −0.048% | $367K | $557K | 10x | as long as short |
| BloFin BCH-USDT | +0.0099% | 8h | 265.27 | −0.301% | $3.9M | $4.2M | 50x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 266.26 | +0.071% | $6.0M | $4.4M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 265.91 | −0.060% | $212K | $674K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 265.69 | −0.143% | $161K | $440K | 10x | as long as short |
| KuCoin BCHUSDTMlong | +0.0100% | 8h | 266.07 | long leg | $9.0M | $7.8M | 75x | |
| edgeX BCHUSDC | +0.0100% | 4h | 265.71 | −0.137% | $19K | $290K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 265.94 | −0.049% | $1K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 265.94 | −0.049% | $772K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0332% / S −0.0451% | 1h | 266.17 | +0.039% | $25K | — | 100x | as long as short |
Binance BCHUSDT
MEXC BCH_USDT
Gate BCH_USDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Bitget BCHUSDT
GRVT BCH_USDT_Perp
Orderly PERP_BCH_USDC
OKX BCH-USDT-SWAP
BingX BCH-USDC
Nado BCH-PERP
Lighter BCH
BloFin BCH-USDT
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
edgeX BCHUSDC
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]