BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0404%/8h= −44.3% APRnext payment −$4.04 per $10,000 · paid last 24h −0.023%

Price spread now: Phemex against Orderly+0.030%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on Phemex

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. Phemex is 0.030% dearer against Orderly than usual: you sell high and buy low (spread +0.030% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 6 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_BCH_USDC	265.60	0.0033	pay 0.0033% / 8h	5h 09m	$2K	$176	10x
Short	Phemex BCHUSDT	265.68	−0.0372	pay 0.0372% / 8h	5h 09m	$4.9M	$6.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against Orderly. 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 OrderlybpFee PhemexbpOrdersPrice spread, now +0.030%Rate

Funding earned: −$84.92
Price spread: +0.030% → 0.000%: $3.01
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$99.91
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Phemex: live order book, 5 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 Phemex live order book, 5 min ago	0.56 bp	8.4 bp −$8	18.5 bp −$185	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
SunX BCH-USDT	−0.1116%	8h	265.47	−0.049%	$2K	$1.7M	30x	as long as short
HTX BCH-USDT	−0.0421%	8h	265.49	−0.041%	$772K	$1.4M	75x	as long as short
Phemex BCHUSDTshort	−0.0372%	8h	265.68	+0.030%	$4.9M	$6.5M	50x
SoDEX BCH-USD	−0.0308%	1h	265.60	0.000%	$2K	$8K	10x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0160%	1h	265.76	+0.061%	$445K	$331K	25x	as long as short
Coinbase International BCH-PERP-INTX	−0.0128%	1h	266.40	+0.301%	$224K	$1.8M	50x	as long as short
Nado BCH-PERP	−0.0125%	1h	265.67	+0.025%	$422K	$339K	10x	as long as short
GRVT BCH_USDT_Perp	−0.0117%	8h	266.15	+0.205%	$388K	$17K	10x	as long as short
Binance BCHUSDT	−0.0104%	8h	265.52	−0.030%	$72.2M	$213.5M	75x	as long as short
Extended BCH-USD	−0.0104%	1h	265.48	−0.045%	$112K	$952K	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BCH_USDT	−0.0104%	8h	266.00	+0.151%	$70.1M	$7.0M	200x	as long as short
Gate BCH_USDT	−0.0101%	8h	265.66	+0.023%	$8.3M	$13.3M	75x	as long as short
Variational Omni BCH	−0.0094%	8h	266.00	+0.150%	$81K	$201K	—	as long as short
OKX BCH-USDT-SWAP	−0.0075%	8h	265.50	−0.038%	$25.1M	$74.1M	50x	as long as short
KuCoin BCHUSDTM	−0.0072%	8h	265.86	+0.098%	$8.6M	$7.1M	75x	as long as short
Bitget BCHUSDT	−0.0068%	8h	265.53	−0.026%	$19.1M	$28.1M	75x	as long as short
Bybit BCHUSDT	−0.0035%	8h	265.54	−0.023%	$39.1M	$30.9M	75x	as long as short
Kraken Futures PF_BCHUSD	−0.0031%	1h	265.86	+0.096%	$852K	$3.0M	50x	as long as short
BingX BCH-USDT	−0.0031%	8h	265.61	+0.004%	—	$32.1M	—	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	265.83	+0.088%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	265.85	+0.092%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	265.97	+0.139%	$1.1M	$10.2M	2.7x	as long as short
BloFin BCH-USDT	+0.0016%	8h	265.61	+0.004%	$3.9M	$4.2M	50x	as long as short
Pacifica BCH	+0.0021%	1h	265.65	+0.019%	$162K	$321K	10x	as long as short
ApeX Omni BCHUSDT	+0.0030%	1h	266.30	+0.264%	$97K	$227K	50x	as long as short
Orderly PERP_BCH_USDClong	+0.0033%	8h	265.60	long leg	$2K	$176	10x
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.732%	$721	$130K	12x	as long as short
Lighter BCH	+0.0096%	1h	265.65	+0.018%	$363K	$482K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.81	+0.079%	$5.7M	$4.7M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	265.93	+0.124%	$168K	$519K	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	266.00	+0.149%	$19K	$289K	20x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0357% / S −0.0525%	1h	265.86	+0.098%	$25K	—	100x	as long as short