BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0141%/8h= +15.5% APRnext payment +$1.41 per $10,000 · paid last 24h +0.021%

Price spread now: BingX against Phemex−0.098%7-day average — · you buy dearer than you sell

Net, funding: paid 7d − costs−$91as in the Funding arb table

Net, price: spread back to 7d avg − costs−$109as in the Price arb table

costs, in and out, $10k−$1000.997% of the position

Long on Phemex Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.083%+$8 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. BingX is 0.098% cheaper against Phemex than usual: you would sell low and buy high (spread −0.098% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 2.3 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.083% in total) that is about 8.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex BCHUSDT	266.57	−0.0101	get 0.0101% / 8h	27m 10s	$4.8M	$6.4M	50x
Short	BingX BCH-USDT	266.31	0.0040	get 0.0040% / 8h	27m 10s	—	$31.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Phemex. 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 PhemexbpFee BingXbpOrdersPrice spread, now −0.098%Rate

Funding earned: $29.7
Price spread: −0.098% → 0.000%: −$9.75
Slippage, 4 orders: −$77.74
Fee Phemex: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$79.79
Costs to cover: 0.997%
Break-even: 25.8 days

Slippage from Phemex: live order book, 2 min ago; BingX: live order book, 12 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 Phemex live order book, 2 min ago	18.20 bp	26.6 bp −$27	35.6 bp −$356	doesn't fit	doesn't fit
Sell BingX live order book, 12 min ago	0.74 bp	5.7 bp −$6	6.0 bp −$60	14.5 bp −$1,452	21.1 bp −$10.6K

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	−0.0587%	1h	266.33	−0.088%	$450K	$266K	25x	as long as short
SoDEX BCH-USD	−0.0217%	1h	266.23	−0.128%	$2K	$6K	10x	as long as short
Variational Omni BCH	−0.0142%	8h	268.92	+0.881%	$82K	$294K	—	as long as short
Kraken Futures PF_BCHUSD	−0.0126%	1h	266.50	−0.026%	$851K	$3.1M	50x	as long as short
Phemex BCHUSDTlong	−0.0101%	8h	266.57	long leg	$4.8M	$6.4M	50x
Bybit BCHUSDT	−0.0090%	8h	266.28	−0.109%	$39.1M	$32.8M	75x	as long as short
Injective BCH/USDC PERP	−0.0054%	1h	270.20	+1.362%	$721	$130K	12x	as long as short
Coinbase International BCH-PERP-INTX	−0.0032%	1h	266.49	−0.030%	$226K	$2.1M	50x	as long as short
Binance BCHUSDT	−0.0017%	8h	266.28	−0.109%	$73.0M	$233.4M	75x	as long as short
MEXC BCH_USDT	−0.0017%	8h	266.86	+0.109%	$69.9M	$6.8M	200x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BCH-USD	−0.0016%	1h	266.19	−0.141%	$115K	$652K	25x	as long as short
Gate BCH_USDT	−0.0016%	8h	266.31	−0.098%	$8.3M	$14.7M	75x	as long as short
dYdX BCH-USD	0.0000%	1h	266.57	−0.001%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	266.72	+0.056%	$1.2M	$11.9M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	266.50	−0.026%	$4K	—	150x	as long as short
Orderly PERP_BCH_USDC	+0.0028%	8h	266.32	−0.094%	$2K	$176	10x	as long as short
Bitget BCHUSDT	+0.0029%	8h	266.29	−0.105%	$19.1M	$29.9M	75x	as long as short
GRVT BCH_USDT_Perp	+0.0032%	8h	269.11	+0.952%	$392K	$17K	10x	as long as short
OKX BCH-USDT-SWAP	+0.0037%	8h	266.20	−0.139%	$25.9M	$77.9M	50x	as long as short
BingX BCH-USDTshort	+0.0040%	8h	266.31	−0.098%	—	$31.0M	—
Lighter BCH	+0.0096%	1h	266.33	−0.092%	$367K	$557K	10x	as long as short
Nado BCH-PERP	+0.0100%	1h	266.17	−0.149%	$444K	$435K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	266.70	+0.049%	$6.0M	$4.5M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	266.49	−0.031%	$212K	$676K	75x	as long as short
Pacifica BCH	+0.0100%	1h	266.49	−0.030%	$162K	$440K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	266.34	−0.086%	$9.1M	$7.7M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	268.79	+0.833%	$19K	$289K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	269.03	+0.923%	$73K	$214K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	266.12	−0.169%	$2K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	266.24	−0.124%	$773K	$1.7M	75x	as long as short
BloFin BCH-USDT	+0.0103%	8h	265.79	−0.293%	$4.0M	$4.2M	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0332% / S −0.0340%	1h	266.53	−0.016%	$27K	—	100x	as long as short