Funding you earn now, next payment 09:00 UTC−0.0056%/8h= −6.1% APRpaid last 24h +0.023%
Price spread now: Orderly against Nado+0.041%51s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Orderly is 0.041% dearer against Nado than usual: you sell high and buy low (spread +0.041% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.5 days. The two prices were read 51 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 | 266.85 | 0.0100 | pay 0.0012% / 1h | 35m 26s | $428K | $352K | 10x |
| Short | Orderly PERP_BCH_USDC | 266.96 | 0.0044 | get 0.0044% / 8h | 7h 35m | $2K | — | 10x |
Nado BCH-PERP
Orderly PERP_BCH_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$11.73
- Price spread: +0.041% → 0.000%
- $4.12
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$20.61
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 62 min ago; Orderly: 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, 62 min ago | 0.57 bp | 7.0 bp −$7 | 21.1 bp −$211 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX BCH-USD | −0.0368% | 1h | 266.95 | +0.037% | $2K | $8K | 10x | as long as short |
| GRVT BCH_USDT_Perp | −0.0192% | 8h | 267.51 | +0.247% | $390K | $17K | 10x | as long as short |
| Phemex BCHUSDT | −0.0178% | 8h | 266.94 | +0.034% | $4.9M | $6.5M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0158% | 1h | 267.17 | +0.120% | $867K | $2.7M | 50x | as long as short |
| Variational Omni BCH | −0.0129% | 8h | 266.91 | +0.021% | $149K | $262K | — | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0106% | 1h | 267.03 | +0.067% | $419K | $359K | 25x | as long as short |
| OKX BCH-USDT-SWAP | −0.0090% | 8h | 266.80 | −0.019% | $25.3M | $78.3M | 50x | as long as short |
| KuCoin BCHUSDTM | −0.0075% | 8h | 267.05 | +0.075% | $8.5M | $6.2M | 75x | as long as short |
| Bitget BCHUSDT | −0.0071% | 8h | 266.95 | +0.037% | $19.2M | $27.2M | 75x | as long as short |
| Binance BCHUSDT | −0.0053% | 8h | 267.05 | +0.075% | $73.8M | $216.1M | 75x | as long as short |
SoDEX BCH-USD
GRVT BCH_USDT_Perp
Phemex BCHUSDT
Kraken Futures PF_BCHUSD
Variational Omni BCH
Deribit BCH_USDC-PERPETUAL
OKX BCH-USDT-SWAP
KuCoin BCHUSDTM
Bitget BCHUSDT
Binance BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0051% | 8h | 267.46 | +0.229% | $71.8M | $9.2M | 200x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 266.86 | +0.003% | $119K | $912K | 25x | as long as short |
| Gate BCH_USDT | −0.0048% | 8h | 267.07 | +0.082% | $8.4M | $12.9M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 267.08 | +0.087% | $15K | — | 150x | as long as short |
| Pacifica BCH | −0.0002% | 1h | 266.94 | +0.033% | $155K | $296K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 267.20 | +0.133% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 267.33 | +0.180% | $1.0M | $9.1M | 2.7x | as long as short |
| Aster BCHUSDT | +0.0008% | 8h | 267.22 | +0.139% | $144K | $574K | 75x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.255% | $721 | $130K | 12x | as long as short |
| BingX BCH-USDC | +0.0035% | 8h | 267.00 | +0.056% | — | $6.5M | — | as long as short |
| Orderly PERP_BCH_USDCshort | +0.0044% | 8h | 266.96 | +0.041% | $2K | — | 10x | |
| Bybit BCHUSDT | +0.0049% | 8h | 266.91 | +0.022% | $39.5M | $32.2M | 75x | as long as short |
| BloFin BCH-USDT | +0.0067% | 8h | 267.66 | +0.304% | $3.6M | $5.0M | 50x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0088% | 1h | 268.36 | +0.566% | $304K | $2.1M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 267.07 | +0.081% | $376K | $495K | 10x | as long as short |
| Nado BCH-PERPlong | +0.0100% | 1h | 266.85 | long leg | $428K | $352K | 10x | |
| Hyperliquid BCH | +0.0100% | 1h | 267.17 | +0.120% | $5.8M | $4.7M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 267.51 | +0.249% | $19K | $345K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 267.84 | +0.371% | $97K | $241K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 266.93 | +0.030% | $2K | $1.6M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 267.27 | +0.157% | $779K | $1.4M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0202% / S −0.0147% | 1h | 267.12 | +0.100% | $12K | — | 100x | as long as short |
MEXC BCH_USDT
Extended BCH-USD
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
Pacifica BCH
dYdX BCH-USD
Kalshi KXBCHPERP
Aster BCHUSDT
Injective BCH/USDC PERP
BingX BCH-USDC
Bybit BCHUSDT
BloFin BCH-USDT
Coinbase International BCH-PERP-INTX
Lighter BCH
Hyperliquid BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]