After costs, if the gap returns to its 7d average, $10k−$24
spread now+0.095%7d average−0.028%fees + slippage, in and out−$36spread needed0.359%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex BCHUSDT | 264.15 | −0.0191 | get 0.0191% / 8h | 5h 23m | $4.8M | $5.9M | 50x |
| Short | OKX BCH-USDT-SWAP | 264.40 | 0.0028 | get 0.0028% / 8h | 5h 23m | $24.8M | $71.7M | 50x |
Phemex BCHUSDT
OKX BCH-USDT-SWAPPrice 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
- $9.46
- Funding while held
- $6.57
- Slippage, 4 orders
- −$13.9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$19.86
- Spread needed to break even
- 0.359%
Slippage from Phemex: live order book, 2 min ago; OKX: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0219%
- Per $10,000 a day
- +$6.57
- 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, 2 min ago | 0.19 bp | 8.0 bp −$8 | 15.4 bp −$154 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 1.89 bp | 10.1 bp −$10 | 17.7 bp −$177 | 106.5 bp −$10.7K | doesn't fit |
BCH price on every exchange
against the cheapest. Click to use as the short leg.Injective251.25cheapestBloFin263.91+5.039%SoDEX264.03+5.087%HTX264.05+5.095%SunX264.10+5.114%edgeX264.11+5.119%Extended264.14+5.132%Lighter264.15+5.134%
Injective
BloFin
SoDEX
HTX
SunX
Extended
LighterPhemex264.15+5.134%
ApeX Omni264.17+5.142%Bybit264.20+5.154%Orderly264.20+5.154%Pacifica264.23+5.166%Binance264.26+5.178%Aster264.26+5.180%Deribit264.29+5.190%Gate264.29+5.190%Bitget264.29+5.190%Nado264.32+5.201%KuCoin264.33+5.206%Kraken Futures264.34+5.211%Variational Omni264.36+5.219%BingX264.38+5.226%Coinbase International264.38+5.226%dYdX264.40+5.234%
ApeX Omni
Bybit
Orderly
Pacifica
Binance
Aster
Deribit
Gate
Bitget
Nado
KuCoin
Kraken Futures
Variational Omni
BingX
Coinbase International
dYdXOKX264.40+5.234%
Kalshi264.47+5.262%Hyperliquid264.55+5.294%MEXC264.58+5.305%gTrade (Gains Network)264.60+5.313%GMX264.64+5.328%
Hyperliquid
MEXC
gTrade (Gains Network)
GMXBCH on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective BCH/USDC PERP | −4.884% | +0.0033% | 1h | $670 | $47K | 12x | as long as short |
| BloFin BCH-USDT | −0.091% | +0.0053% | 8h | $4.0M | $3.9M | 50x | as long as short |
| SoDEX BCH-USD | −0.045% | −0.0529% | 1h | $51 | $5K | 10x | as long as short |
| HTX BCH-USDT | −0.038% | −0.0268% | 8h | $766K | $1.5M | 75x | as long as short |
| SunX BCH-USDT | −0.019% | −0.0698% | 8h | $1K | $2.0M | 30x | as long as short |
| edgeX BCHUSDC | −0.015% | +0.0100% | 4h | $21K | $285K | 20x | as long as short |
| Extended BCH-USD | −0.002% | −0.0064% | 1h | $103K | $647K | 25x | as long as short |
| Lighter BCH | −0.001% | +0.0096% | 1h | $376K | $595K | 10x | as long as short |
| Phemex BCHUSDTlong | 0.000% | −0.0191% | 8h | $4.8M | $5.9M | 50x | |
| ApeX Omni BCHUSDT | +0.008% | −0.0033% | 1h | $72K | $217K | 50x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit BCHUSDT | +0.019% | −0.0031% | 8h | $39.2M | $31.8M | 75x | as long as short |
| Orderly PERP_BCH_USDC | +0.019% | +0.0056% | 8h | $2K | $176 | 10x | as long as short |
| Pacifica BCH | +0.030% | +0.0100% | 1h | $166K | $452K | 10x | as long as short |
| Binance BCHUSDT | +0.042% | −0.0070% | 8h | $72.7M | $224.8M | 75x | as long as short |
| Aster BCHUSDT | +0.043% | +0.0100% | 8h | $234K | $671K | 75x | as long as short |
| Deribit BCH_USDC-PERPETUAL | +0.053% | −0.0257% | 1h | $431K | $252K | 25x | as long as short |
| Gate BCH_USDT | +0.053% | −0.0095% | 8h | $8.3M | $14.1M | 75x | as long as short |
| Bitget BCHUSDT | +0.053% | +0.0061% | 8h | $19.3M | $27.6M | 75x | as long as short |
| Nado BCH-PERP | +0.063% | −0.0142% | 1h | $449K | $387K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.068% | +0.0035% | 8h | $8.9M | $8.1M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.073% | −0.0253% | 1h | $809K | $3.1M | 50x | as long as short |
| Variational Omni BCH | +0.080% | +0.0022% | 8h | $75K | $277K | — | as long as short |
| BingX BCH-USDT | +0.087% | +0.0072% | 8h | — | $32.2M | — | as long as short |
| Coinbase International BCH-PERP-INTX | +0.087% | −0.0032% | 1h | $222K | $2.0M | 50x | as long as short |
| dYdX BCH-USD | +0.095% | 0.0000% | 1h | $5K | $229 | 10x | as long as short |
| OKX BCH-USDT-SWAPshort | +0.095% | +0.0028% | 8h | $24.8M | $71.7M | 50x | |
| Kalshi KXBCHPERP | +0.121% | 0.0000% | 8h | $1.0M | $11.3M | 2.7x | as long as short |
| Hyperliquid BCH | +0.151% | +0.0100% | 1h | $5.1M | $4.2M | 10x | as long as short |
| MEXC BCH_USDT | +0.163% | −0.0066% | 8h | $69.4M | $5.3M | 200x | as long as short |
| gTrade (Gains Network) BCH/USD | +0.170% | L 0.0000% / S +0.0007% | 1h | $4K | — | 150x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | +0.184% | L +0.0325% / S −0.0429% | 1h | $25K | — | 100x | as long as short |