Funding you earn now, next payment 01:00 UTC−0.0281%/8h= −30.7% APRpaid last 24h +0.004%
Price spread now: ApeX Omni against SunX−0.209%73s7-day average +0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$940.943% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 3 days (all we have)+0.226%+$23 · spread now −0.209%, 7d avg +0.076%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and ApeX Omni is 0.285% cheaper against SunX than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of +0.076%). Swap the legs. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.011% in total (about -0.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BCH-USDT | 268.40 | 0.0100 | pay 0.0100% / 8h | 7h 35m | $2K | $1.9M | 30x |
| Short | ApeX Omni BCHUSDT | 267.84 | −0.0181 | pay 0.0023% / 1h | 35m 46s | $73K | $214K | 50x |
SunX BCH-USDT
ApeX Omni BCHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against SunX. 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
- −$58.97
- Price spread: −0.209% → +0.076%
- −$28.48
- Slippage, 4 orders
- −$76.35
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$181.8
- Costs to cover
- 0.943%
- Break-even
- never at this rate
Slippage from SunX: live order book, 10 min ago; ApeX Omni: live order book, 35 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 SunX live order book, 10 min ago | 19.63 bp | 39.9 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 35 min ago | 4.51 bp | 12.8 bp −$13 | 74.7 bp −$747 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex BCHUSDT | −0.0678% | 8h | 268.64 | +0.089% | $4.9M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0518% | 1h | 268.61 | +0.078% | $2K | $6K | 10x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0304% | 1h | 268.75 | +0.129% | $454K | $266K | 25x | as long as short |
| HTX BCH-USDT | −0.0299% | 8h | 268.54 | +0.052% | $780K | $1.6M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0258% | 8h | 267.76 | −0.238% | $390K | $17K | 10x | as long as short |
| ApeX Omni BCHUSDTshort | −0.0181% | 1h | 267.84 | −0.209% | $73K | $214K | 50x | |
| Variational Omni BCH | −0.0127% | 8h | 268.51 | +0.040% | $82K | $285K | — | as long as short |
| Gate BCH_USDT | −0.0112% | 8h | 268.79 | +0.145% | $8.5M | $14.2M | 75x | as long as short |
| Extended BCH-USD | −0.0056% | 1h | 268.60 | +0.074% | $115K | $955K | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 268.58 | +0.067% | $227K | $2.1M | 50x | as long as short |
Phemex BCHUSDT
SoDEX BCH-USD
Deribit BCH_USDC-PERPETUAL
HTX BCH-USDT
GRVT BCH_USDT_Perp
Variational Omni BCH
Gate BCH_USDT
Extended BCH-USD
Coinbase International BCH-PERP-INTXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0055% | 8h | 269.28 | +0.328% | $70.5M | $6.6M | 200x | as long as short |
| Binance BCHUSDT | −0.0055% | 8h | 268.71 | +0.115% | $72.8M | $230.3M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 268.79 | +0.145% | $857K | $3.1M | 50x | as long as short |
| Bybit BCHUSDT | −0.0039% | 8h | 268.76 | +0.134% | $39.8M | $32.6M | 75x | as long as short |
| Bitget BCHUSDT | −0.0008% | 8h | 268.70 | +0.112% | $19.3M | $29.4M | 75x | as long as short |
| Nado BCH-PERP | −0.0001% | 1h | 268.45 | +0.019% | $441K | $420K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 268.96 | +0.208% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.97 | +0.212% | $1.1M | $10.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 268.75 | +0.131% | $4K | — | 150x | as long as short |
| BingX BCH-USDT | +0.0020% | 8h | 268.79 | +0.145% | — | $31.2M | — | as long as short |
| OKX BCH-USDT-SWAP | +0.0023% | 8h | 268.60 | +0.075% | $26.1M | $76.9M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0031% | 8h | 268.59 | +0.071% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.671% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0065% | 8h | 268.20 | −0.075% | $3.9M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 268.77 | +0.139% | $370K | $529K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.07 | +0.250% | $6.0M | $4.4M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 268.77 | +0.139% | $177K | $666K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 268.78 | +0.142% | $163K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 268.79 | +0.145% | $9.0M | $7.6M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 267.71 | −0.258% | $19K | $290K | 20x | as long as short |
| SunX BCH-USDTlong | +0.0100% | 8h | 268.40 | long leg | $2K | $1.9M | 30x | |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0334% / S −0.0224% | 1h | 268.79 | +0.146% | $31K | — | 100x | as long as short |
MEXC BCH_USDT
Binance BCHUSDT
Kraken Futures PF_BCHUSD
Bybit BCHUSDT
Bitget BCHUSDT
Nado BCH-PERP
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
BingX BCH-USDT
OKX BCH-USDT-SWAP
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]