After costs, if the gap returns to its 7d average, $10k−$43
spread now−0.033%7d average+0.050%fees + slippage, in and out−$35spread needed0.345%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex BCHUSDT | 269.00 | −0.0027 | get 0.0027% / 8h | 1h 57m | $4.8M | $5.0M | 50x |
| Short | Hyperliquid BCH | 268.91 | 0.0100 | get 0.0013% / 1h | 57m 36s | $5.4M | $3.3M | 10x |
Phemex BCHUSDT
Hyperliquid BCHPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$3.35
- Funding while held
- $3.8
- Slippage, 4 orders
- −$13.53
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$34.08
- Spread needed to break even
- 0.345%
Slippage from Phemex: live order book, 3 min ago; Hyperliquid: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0127%
- Per $10,000 a day
- +$3.80
- Average in range /8h
- —
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, 3 min ago | 0.37 bp | 9.0 bp −$9 | 18.7 bp −$187 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 0.93 bp | 8.8 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
BCH price on every exchange
against the cheapest. Click to use as the short leg.Injective251.25cheapest
Extended268.51+6.871%KuCoin268.64+6.921%Gate268.67+6.933%Bitget268.67+6.933%BingX268.68+6.937%Bybit268.70+6.945%edgeX268.72+6.952%Pacifica268.73+6.957%Aster268.74+6.961%HTX268.74+6.961%OKX268.80+6.985%Binance268.83+6.997%Coinbase International268.83+6.997%dYdX268.85+7.004%Orderly268.85+7.005%Nado268.89+7.020%Lighter268.89+7.022%Kalshi268.91+7.029%
Injective
Extended
KuCoin
Gate
Bitget
BingX
Bybit
Pacifica
Aster
HTX
OKX
Binance
Coinbase International
dYdX
Orderly
Nado
LighterHyperliquid268.91+7.029%
SoDEX268.91+7.029%BloFin268.92+7.033%SunX268.95+7.045%Deribit268.97+7.054%ApeX Omni268.98+7.057%MEXC269.00+7.065%
SoDEX
BloFin
SunX
Deribit
ApeX Omni
MEXCPhemex269.00+7.065%
GMX269.05+7.086%Kraken Futures269.07+7.092%Variational Omni269.08+7.095%gTrade (Gains Network)269.10+7.102%
GMX
Kraken Futures
Variational Omni
gTrade (Gains Network)BCH on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective BCH/USDC PERP | −6.599% | +0.0033% | 1h | $670 | $121K | 12x | as long as short |
| Extended BCH-USD | −0.181% | +0.0104% | 1h | $102K | $638K | 25x | as long as short |
| KuCoin BCHUSDTM | −0.134% | +0.0100% | 8h | $9.2M | $6.9M | 75x | as long as short |
| Gate BCH_USDT | −0.123% | +0.0100% | 8h | $8.7M | $12.1M | 75x | as long as short |
| Bitget BCHUSDT | −0.123% | +0.0100% | 8h | $19.6M | $22.0M | 75x | as long as short |
| BingX BCH-USDC | −0.119% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Bybit BCHUSDT | −0.112% | +0.0100% | 8h | $40.2M | $27.9M | 75x | as long as short |
| edgeX BCHUSDC | −0.105% | +0.0100% | 4h | $21K | $874K | 20x | as long as short |
| Pacifica BCH | −0.100% | +0.0100% | 1h | $155K | $386K | 10x | as long as short |
| Aster BCHUSDT | −0.097% | +0.0100% | 8h | $228K | $612K | 75x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX BCH-USDT | −0.097% | +0.0100% | 8h | $784K | $1.4M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.074% | +0.0057% | 8h | $25.1M | $64.2M | 50x | as long as short |
| Binance BCHUSDT | −0.063% | +0.0100% | 8h | $82.2M | $195.2M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.063% | −0.0008% | 1h | $289K | $1.7M | 50x | as long as short |
| dYdX BCH-USD | −0.057% | 0.0000% | 1h | $5K | $94 | 10x | as long as short |
| Orderly PERP_BCH_USDC | −0.056% | +0.0082% | 8h | $2K | $176 | 10x | as long as short |
| Nado BCH-PERP | −0.042% | +0.0100% | 1h | $366K | $308K | 10x | as long as short |
| Lighter BCH | −0.040% | +0.0096% | 1h | $398K | $514K | 10x | as long as short |
| Kalshi KXBCHPERP | −0.033% | 0.0000% | 8h | $1.3M | $9.6M | 2.7x | as long as short |
| Hyperliquid BCHshort | −0.033% | +0.0100% | 1h | $5.4M | $3.3M | 10x | |
| SoDEX BCH-USD | −0.033% | +0.0100% | 1h | $51 | $6K | 10x | as long as short |
| BloFin BCH-USDT | −0.030% | +0.0220% | 8h | $4.2M | $3.7M | 50x | as long as short |
| SunX BCH-USDT | −0.019% | +0.0100% | 8h | $1K | $1.7M | 30x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.010% | 0.0000% | 1h | $429K | $243K | 25x | as long as short |
| ApeX Omni BCHUSDT | −0.007% | +0.0100% | 1h | $71K | $226K | 50x | as long as short |
| MEXC BCH_USDT | 0.000% | +0.0100% | 8h | $70.6M | $4.7M | 200x | as long as short |
| Phemex BCHUSDTlong | 0.000% | −0.0027% | 8h | $4.8M | $5.0M | 50x | |
| GMX BCH/USD [WBTC.b-USDC] | +0.020% | L +0.0170% / S −0.0114% | 1h | $12K | — | 100x | as long as short |
| Kraken Futures PF_BCHUSD | +0.026% | −0.0067% | 1h | $771K | $2.6M | 50x | as long as short |
| Variational Omni BCH | +0.028% | +0.0052% | 8h | $75K | $220K | — | as long as short |
| gTrade (Gains Network) BCH/USD | +0.035% | L 0.0000% / S +0.0007% | 1h | $8K | — | 150x | as long as short |