Funding you earn now, next payment 08:00 UTC+0.0653%/8h= +71.5% APRnext payment +$6.53 per $10,000 · paid last 24h −0.006%
Price spread now: Binance against SunX+0.135%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$860.859% of the position
Funding, last 7 days−0.155%−$16 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now +0.135%, 7d avg +0.031%
=Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Binance is 0.104% dearer against SunX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.031%. Mind the row above: over the last 7 days funding on this pair cost −0.155%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.155% in total (about -8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.53 per $10,000. 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 | 263.55 | −0.0759 | get 0.0759% / 8h | 4h 44m | $1K | $1.7M | 30x |
| Short | Binance BCHUSDT | 263.91 | −0.0106 | pay 0.0106% / 8h | 4h 44m | $71.9M | $213.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $137.14
- Price spread: +0.135% → +0.031%
- $10.44
- Slippage, 4 orders
- −$67.93
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $61.65
- Costs to cover
- 0.859%
- Break-even
- 3.9 days
Slippage from SunX: live order book, 10 min ago; Binance: live order book, 13 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 | 19.64 bp | 40.3 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.19 bp | 8.5 bp −$9 | 15.5 bp −$155 | 44.5 bp −$4,448 | 122.0 bp −$61.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BCH-USDTlong | −0.0759% | 8h | 263.55 | long leg | $1K | $1.7M | 30x | |
| HTX BCH-USDT | −0.0335% | 8h | 263.43 | −0.046% | $768K | $1.4M | 75x | as long as short |
| SoDEX BCH-USD | −0.0331% | 1h | 263.70 | +0.057% | $2K | $8K | 10x | as long as short |
| Phemex BCHUSDT | −0.0298% | 8h | 263.67 | +0.046% | $4.9M | $6.3M | 50x | as long as short |
| Nado BCH-PERP | −0.0219% | 1h | 263.71 | +0.063% | $419K | $338K | 10x | as long as short |
| GRVT BCH_USDT_Perp | −0.0122% | 8h | 263.49 | −0.024% | $384K | $17K | 10x | as long as short |
| ApeX Omni BCHUSDT | −0.0112% | 1h | 263.64 | +0.034% | $96K | $228K | 50x | as long as short |
| MEXC BCH_USDT | −0.0106% | 8h | 264.34 | +0.300% | $70.0M | $7.5M | 200x | as long as short |
| Binance BCHUSDTshort | −0.0106% | 8h | 263.91 | +0.135% | $71.9M | $213.5M | 75x | |
| Extended BCH-USD | −0.0104% | 1h | 263.84 | +0.110% | $111K | $951K | 25x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BCH-PERP-INTX | −0.0104% | 1h | 263.76 | +0.080% | $219K | $1.8M | 50x | as long as short |
| Gate BCH_USDT | −0.0099% | 8h | 263.92 | +0.140% | $8.3M | $13.4M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0093% | 8h | 263.70 | +0.057% | $24.9M | $74.1M | 50x | as long as short |
| KuCoin BCHUSDTM | −0.0093% | 8h | 263.99 | +0.167% | $8.5M | $7.1M | 75x | as long as short |
| Variational Omni BCH | −0.0085% | 8h | 263.60 | +0.019% | $81K | $201K | — | as long as short |
| Bitget BCHUSDT | −0.0077% | 8h | 263.87 | +0.121% | $19.0M | $28.1M | 75x | as long as short |
| Bybit BCHUSDT | −0.0029% | 8h | 263.90 | +0.133% | $39.0M | $30.9M | 75x | as long as short |
| BingX BCH-USDC | −0.0028% | 8h | 263.85 | +0.114% | — | $6.5M | — | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 263.93 | +0.145% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 263.85 | +0.113% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 264.10 | +0.209% | $1.0M | $10.2M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 263.90 | +0.135% | $442K | $331K | 25x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0011% | 1h | 263.91 | +0.136% | $846K | $3.0M | 50x | as long as short |
| BloFin BCH-USDT | +0.0014% | 8h | 263.69 | +0.053% | $3.9M | $4.2M | 50x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.523% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0035% | 8h | 263.76 | +0.080% | $2K | $176 | 10x | as long as short |
| Pacifica BCH | +0.0077% | 1h | 263.72 | +0.065% | $160K | $306K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 263.77 | +0.085% | $360K | $484K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 264.04 | +0.186% | $5.7M | $4.6M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 263.94 | +0.147% | $166K | $520K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 263.39 | −0.059% | $19K | $291K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0356% / S −0.0525% | 1h | 263.89 | +0.127% | $25K | — | 100x | as long as short |
SunX BCH-USDT
Binance BCHUSDT
HTX BCH-USDT
SoDEX BCH-USD
Phemex BCHUSDT
GRVT BCH_USDT_Perp
ApeX Omni BCHUSDT
MEXC BCH_USDT
Extended BCH-USD
Coinbase International BCH-PERP-INTX
Gate BCH_USDT
OKX BCH-USDT-SWAP
KuCoin BCHUSDTM
Variational Omni BCH
Bitget BCHUSDT
Bybit BCHUSDT
BingX BCH-USDC
gTrade (Gains Network) BCH/USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Kraken Futures PF_BCHUSD
BloFin BCH-USDT
Injective BCH/USDC PERP
Pacifica BCH
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]