Funding you earn now, next payment 01:00 UTC+0.0035%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h −0.011%
Price spread now: Injective against Nado+0.546%109s7-day average +0.112% · 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)−0.009%−$1 on $10k
+Price spread, last 3 days (all we have)−1.802%−$180 · spread now +0.546%, 7d avg +0.112%
=Together, before fees−1.811%+ Points / potential airdropNado: Active · farm board−$181 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.434% dearer against Nado than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of +0.112%. The two prices were read 109 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 | Nado BCH-PERP | 268.73 | −0.0002 | get 0.0000% / 1h | 35m 33s | $441K | $420K | 10x |
| Short | Injective BCH/USDC PERP | 270.20 | 0.0033 | get 0.0004% / 1h | 35m 33s | $721 | $130K | 12x |
Nado BCH-PERP
Injective BCH/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Nado. 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
- $7.45
- Price spread: +0.546% → +0.112%
- $43.37
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $43.8
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Nado: live order book, 37 min ago; Injective: no order-book sample. 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 Nado live order book, 37 min ago | 0.75 bp | 8.8 bp −$9 | 24.9 bp −$249 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex BCHUSDT | −0.0678% | 8h | 268.64 | −0.034% | $4.9M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0518% | 1h | 268.61 | −0.046% | $2K | $6K | 10x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0304% | 1h | 268.75 | +0.005% | $454K | $266K | 25x | as long as short |
| HTX BCH-USDT | −0.0299% | 8h | 268.54 | −0.072% | $780K | $1.6M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0258% | 8h | 267.76 | −0.362% | $390K | $17K | 10x | as long as short |
| ApeX Omni BCHUSDT | −0.0171% | 1h | 268.26 | −0.176% | $73K | $214K | 50x | as long as short |
| Variational Omni BCH | −0.0127% | 8h | 268.51 | −0.083% | $82K | $285K | — | as long as short |
| Gate BCH_USDT | −0.0095% | 8h | 268.81 | +0.029% | $8.5M | $14.2M | 75x | as long as short |
| Extended BCH-USD | −0.0056% | 1h | 268.61 | −0.046% | $113K | $967K | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 268.58 | −0.057% | $227K | $2.1M | 50x | as long as short |
Phemex BCHUSDT
SoDEX BCH-USD
Deribit BCH_USDC-PERPETUAL
HTX BCH-USDT
GRVT BCH_USDT_Perp
ApeX Omni BCHUSDT
Variational Omni BCH
Gate BCH_USDT
Extended BCH-USD
Coinbase International BCH-PERP-INTXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0055% | 8h | 269.28 | +0.204% | $70.5M | $6.6M | 200x | as long as short |
| Binance BCHUSDT | −0.0055% | 8h | 268.63 | −0.038% | $72.8M | $230.3M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 268.79 | +0.021% | $857K | $3.1M | 50x | as long as short |
| Bybit BCHUSDT | −0.0039% | 8h | 268.70 | −0.012% | $39.7M | $32.6M | 75x | as long as short |
| Bitget BCHUSDT | −0.0008% | 8h | 268.66 | −0.027% | $19.3M | $29.4M | 75x | as long as short |
| Nado BCH-PERPlong | −0.0002% | 1h | 268.73 | long leg | $441K | $420K | 10x | |
| dYdX BCH-USD | 0.0000% | 1h | 268.96 | +0.084% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.97 | +0.088% | $1.1M | $10.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 268.75 | +0.007% | $4K | — | 150x | as long as short |
| BingX BCH-USDT | +0.0020% | 8h | 268.79 | +0.021% | — | $31.2M | — | as long as short |
| OKX BCH-USDT-SWAP | +0.0023% | 8h | 268.60 | −0.049% | $26.1M | $76.9M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0031% | 8h | 268.59 | −0.053% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERPshort | +0.0033% | 1h | 270.20 | +0.546% | $721 | $130K | 12x | |
| BloFin BCH-USDT | +0.0065% | 8h | 268.20 | −0.198% | $3.9M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 268.77 | +0.015% | $370K | $529K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.07 | +0.126% | $6.0M | $4.4M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 268.77 | +0.014% | $177K | $666K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 268.78 | +0.018% | $163K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 268.79 | +0.021% | $9.0M | $7.6M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 267.71 | −0.381% | $19K | $290K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 268.40 | −0.124% | $2K | $1.9M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0334% / S −0.0224% | 1h | 268.79 | +0.022% | $31K | — | 100x | as long as short |
MEXC BCH_USDT
Binance BCHUSDT
Kraken Futures PF_BCHUSD
Bybit BCHUSDT
Bitget BCHUSDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
BingX BCH-USDT
OKX BCH-USDT-SWAP
Orderly PERP_BCH_USDC
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]