Funding you earn now, next payment 22:00 UTC−0.0009%/8h= −1.0% APRpaid last 24h −0.011%
Price spread now: Coinbase International against Orderly+0.200%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.200% dearer against Orderly than usual: you sell high and buy low, +$20 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_BCH_USDC | 269.68 | 0.0025 | pay 0.0025% / 8h | 1h 25m | $2K | $176 | 10x |
| Short | Coinbase International BCH-PERP-INTX | 270.22 | 0.0016 | get 0.0002% / 1h | 25m 54s | $244K | $2.1M | 50x |
Orderly PERP_BCH_USDC
Coinbase International BCH-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Orderly. 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
- −$1.84
- Price spread: +0.200% → 0.000%
- $20.02
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $2.18
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; Coinbase International: live order book, 3 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 3 min ago | 2.59 bp | 13.4 bp −$13 | 20.0 bp −$200 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0887% | 1h | 269.73 | +0.019% | $457K | $265K | 25x | as long as short |
| Phemex BCHUSDT | −0.0183% | 8h | 269.72 | +0.015% | $4.9M | $6.4M | 50x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 270.20 | +0.193% | $721 | $130K | 12x | as long as short |
| SoDEX BCH-USD | −0.0117% | 1h | 269.57 | −0.041% | $2K | $6K | 10x | as long as short |
| Variational Omni BCH | −0.0094% | 8h | 270.22 | +0.199% | $86K | $291K | — | as long as short |
| Extended BCH-USD | −0.0056% | 1h | 269.64 | −0.014% | $116K | $653K | 25x | as long as short |
| MEXC BCH_USDT | −0.0054% | 8h | 270.10 | +0.156% | $70.8M | $6.6M | 200x | as long as short |
| Binance BCHUSDT | −0.0054% | 8h | 269.84 | +0.059% | $75.1M | $233.6M | 75x | as long as short |
| Bybit BCHUSDT | −0.0043% | 8h | 269.65 | −0.011% | $39.4M | $32.9M | 75x | as long as short |
| Gate BCH_USDT | −0.0004% | 8h | 269.82 | +0.052% | $8.4M | $14.8M | 75x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
Injective BCH/USDC PERP
SoDEX BCH-USD
Variational Omni BCH
Extended BCH-USD
MEXC BCH_USDT
Binance BCHUSDT
Bybit BCHUSDT
Gate BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX BCH-USD | 0.0000% | 1h | 270.06 | +0.143% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 270.14 | +0.171% | $1.3M | $11.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 269.85 | +0.065% | $4K | — | 150x | as long as short |
| Bitget BCHUSDT | +0.0004% | 8h | 269.77 | +0.033% | $19.4M | $29.4M | 75x | as long as short |
| GRVT BCH_USDT_Perp | +0.0013% | 8h | 270.52 | +0.310% | $394K | $17K | 10x | as long as short |
| Coinbase International BCH-PERP-INTXshort | +0.0016% | 1h | 270.22 | +0.200% | $244K | $2.1M | 50x | |
| Orderly PERP_BCH_USDClong | +0.0025% | 8h | 269.68 | long leg | $2K | $176 | 10x | |
| BloFin BCH-USDT | +0.0065% | 8h | 270.03 | +0.130% | $4.0M | $4.2M | 50x | as long as short |
| BingX BCH-USDC | +0.0066% | 8h | 269.78 | +0.037% | — | $6.5M | — | as long as short |
| OKX BCH-USDT-SWAP | +0.0073% | 8h | 269.80 | +0.044% | $26.4M | $78.1M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 269.65 | −0.013% | $377K | $584K | 10x | as long as short |
| Nado BCH-PERP | +0.0100% | 1h | 269.78 | +0.037% | $444K | $427K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 270.16 | +0.178% | $6.0M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 269.67 | −0.004% | $220K | $703K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 269.92 | +0.091% | $164K | $468K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 269.75 | +0.026% | $9.2M | $8.0M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 270.50 | +0.305% | $19K | $288K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 270.65 | +0.360% | $73K | $213K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 269.44 | −0.089% | $1K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 269.66 | −0.007% | $776K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0113% | 1h | 269.90 | +0.080% | $820K | $3.2M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0342% / S −0.0467% | 1h | 270.11 | +0.160% | $26K | — | 100x | as long as short |
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Bitget BCHUSDT
GRVT BCH_USDT_Perp
BloFin BCH-USDT
BingX BCH-USDC
OKX BCH-USDT-SWAP
Lighter BCH
Nado BCH-PERP
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]