Funding you earn now, next payment 01:00 UTC−0.0059%/8h= −6.5% APRnext payment −$0.07 per $10,000 · paid last 24h −0.021%
Price spread now: Nado against Pacifica−0.110%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$360.363% of the position
Funding, last 3 days (all we have)−0.092%−$9 on $10k
+Price spread, last 3 days (all we have)+0.186%+$19 · spread now −0.110%, 7d avg −0.033%
=Together, before fees+0.094%+ Points / potential airdropPacifica: Active · Nado: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Nado is 0.077% cheaper against Pacifica than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.033%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica BCH | 269.39 | 0.0100 | pay 0.0013% / 1h | 8m 06s | $164K | $407K | 10x |
| Short | Nado BCH-PERP | 269.09 | 0.0041 | get 0.0005% / 1h | 8m 06s | $436K | $419K | 10x |
Pacifica BCH
Nado BCH-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Pacifica. 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
- −$12.38
- Price spread: −0.110% → −0.033%
- −$7.72
- Slippage, 4 orders
- −$21.34
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$56.44
- Costs to cover
- 0.363%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 65 min ago; Nado: live order book, 65 min ago.
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 Pacifica live order book, 65 min ago | 2.63 bp | 10.9 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 65 min ago | 0.75 bp | 6.9 bp −$7 | 17.5 bp −$175 | 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 | −0.0651% | 1h | 269.31 | −0.027% | $455K | $266K | 25x | as long as short |
| Phemex BCHUSDT | −0.0554% | 8h | 269.21 | −0.066% | $5.0M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0540% | 1h | 269.24 | −0.055% | $2K | $6K | 10x | as long as short |
| ApeX Omni BCHUSDT | −0.0198% | 1h | 269.47 | +0.030% | $73K | $214K | 50x | as long as short |
| Gate BCH_USDT | −0.0180% | 8h | 269.33 | −0.022% | $8.5M | $14.3M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0169% | 8h | 269.62 | +0.085% | $393K | $17K | 10x | as long as short |
| Variational Omni BCH | −0.0126% | 8h | 269.21 | −0.068% | $83K | $285K | — | as long as short |
| Extended BCH-USD | −0.0072% | 1h | 269.14 | −0.092% | $117K | $961K | 25x | as long as short |
| Binance BCHUSDT | −0.0072% | 8h | 269.25 | −0.052% | $72.9M | $229.3M | 75x | as long as short |
| MEXC BCH_USDT | −0.0071% | 8h | 269.71 | +0.119% | $70.7M | $6.7M | 200x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
SoDEX BCH-USD
ApeX Omni BCHUSDT
Gate BCH_USDT
GRVT BCH_USDT_Perp
Variational Omni BCH
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 269.44 | +0.019% | $231K | $2.0M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 269.56 | +0.063% | $858K | $3.1M | 50x | as long as short |
| Bybit BCHUSDT | −0.0048% | 8h | 269.28 | −0.040% | $39.8M | $32.5M | 75x | as long as short |
| Bitget BCHUSDT | −0.0025% | 8h | 269.25 | −0.052% | $19.3M | $29.2M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0007% | 8h | 269.20 | −0.070% | $26.2M | $76.3M | 50x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0003% / S +0.0007% | 1h | 269.54 | +0.057% | $7K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 269.62 | +0.084% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 269.74 | +0.130% | $1.1M | $10.8M | 2.7x | as long as short |
| BingX BCH-USDT | +0.0005% | 8h | 269.29 | −0.037% | — | $32.3M | — | as long as short |
| Orderly PERP_BCH_USDC | +0.0029% | 8h | 269.21 | −0.066% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.301% | $721 | $130K | 12x | as long as short |
| Nado BCH-PERPshort | +0.0041% | 1h | 269.09 | −0.110% | $436K | $419K | 10x | |
| BloFin BCH-USDT | +0.0049% | 8h | 269.55 | +0.060% | $4.0M | $4.3M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 269.33 | −0.023% | $371K | $530K | 10x | as long as short |
| HTX BCH-USDT | +0.0099% | 8h | 269.59 | +0.075% | $783K | $1.6M | 75x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.60 | +0.078% | $6.6M | $4.6M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 269.22 | −0.062% | $177K | $658K | 75x | as long as short |
| Pacifica BCHlong | +0.0100% | 1h | 269.39 | long leg | $164K | $407K | 10x | |
| KuCoin BCHUSDTM | +0.0100% | 8h | 269.28 | −0.040% | $8.8M | $7.6M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 269.34 | −0.019% | $19K | $290K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 269.01 | −0.141% | $2K | $1.9M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0335% / S −0.0451% | 1h | 269.43 | +0.016% | $25K | — | 100x | as long as short |
Coinbase International BCH-PERP-INTX
Kraken Futures PF_BCHUSD
Bybit BCHUSDT
Bitget BCHUSDT
OKX BCH-USDT-SWAP
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
BingX BCH-USDT
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
BloFin BCH-USDT
Lighter BCH
HTX BCH-USDT
Hyperliquid BCH
Aster BCHUSDT
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]