Funding you earn now, next payment 00:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.34 per $10,000 · paid last 24h +0.009%
Price spread now: BingX against SunX−0.044%55s7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as 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−$920.915% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 3 days (all we have)+0.100%+$10 · spread now −0.044%, 7d avg +0.035%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.079% cheaper against SunX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.035%). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BCH-USDT | 270.40 | 0.0100 | pay 0.0100% / 8h | 1h 30m | $2K | $2.0M | 30x |
| Short | BingX BCH-USDC | 270.28 | 0.0066 | get 0.0066% / 8h | 1h 30m | — | $6.5M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$7.14
- Price spread: −0.044% → +0.035%
- −$7.94
- Slippage, 4 orders
- −$73.51
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$106.59
- Costs to cover
- 0.915%
- Break-even
- never at this rate
Slippage from SunX: live order book, 6 min ago; BingX: live order book, 5 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, 6 min ago | 19.55 bp | 40.4 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 1.29 bp | 11.1 bp −$11 | 27.5 bp −$275 | 106.3 bp −$10.6K | 396.7 bp −$198.3K |
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 | −0.1260% | 1h | 270.52 | +0.043% | $459K | $265K | 25x | as long as short |
| Phemex BCHUSDT | −0.0192% | 8h | 270.17 | −0.085% | $4.9M | $6.4M | 50x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 270.20 | −0.074% | $721 | $130K | 12x | as long as short |
| SoDEX BCH-USD | −0.0125% | 1h | 270.33 | −0.026% | $2K | $6K | 10x | as long as short |
| Variational Omni BCH | −0.0094% | 8h | 270.22 | −0.068% | $86K | $291K | — | as long as short |
| Extended BCH-USD | −0.0064% | 1h | 270.15 | −0.093% | $117K | $653K | 25x | as long as short |
| MEXC BCH_USDT | −0.0060% | 8h | 270.85 | +0.166% | $71.1M | $6.5M | 200x | as long as short |
| Binance BCHUSDT | −0.0059% | 8h | 270.32 | −0.030% | $75.2M | $233.2M | 75x | as long as short |
| Bybit BCHUSDT | −0.0037% | 8h | 270.10 | −0.111% | $39.5M | $32.9M | 75x | as long as short |
| Gate BCH_USDT | −0.0009% | 8h | 270.32 | −0.030% | $8.4M | $14.8M | 75x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BCHUSDT | −0.0001% | 8h | 270.23 | −0.063% | $20.0M | $29.1M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 270.38 | −0.006% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 270.74 | +0.126% | $1.3M | $11.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 270.36 | −0.016% | $4K | — | 150x | as long as short |
| GRVT BCH_USDT_Perp | +0.0014% | 8h | 271.43 | +0.380% | $396K | $17K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 270.64 | +0.089% | $233K | $2.1M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0025% | 8h | 270.27 | −0.048% | $2K | $176 | 10x | as long as short |
| BloFin BCH-USDT | +0.0060% | 8h | 270.11 | −0.107% | $4.0M | $4.2M | 50x | as long as short |
| BingX BCH-USDCshort | +0.0066% | 8h | 270.28 | −0.044% | — | $6.5M | — | |
| OKX BCH-USDT-SWAP | +0.0069% | 8h | 270.30 | −0.037% | $26.1M | $78.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 270.27 | −0.048% | $378K | $584K | 10x | as long as short |
| Nado BCH-PERP | +0.0100% | 1h | 270.15 | −0.093% | $445K | $428K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 270.62 | +0.081% | $6.0M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 270.40 | −0.001% | $220K | $700K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 270.25 | −0.055% | $164K | $468K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 270.29 | −0.041% | $9.2M | $8.0M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 271.01 | +0.224% | $19K | $290K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 271.05 | +0.240% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDTlong | +0.0100% | 8h | 270.40 | long leg | $2K | $2.0M | 30x | |
| HTX BCH-USDT | +0.0100% | 8h | 270.32 | −0.030% | $779K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0112% | 1h | 270.47 | +0.024% | $815K | $3.2M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0342% / S −0.0467% | 1h | 270.91 | +0.189% | $26K | — | 100x | as long as short |
SunX BCH-USDT
BingX BCH-USDC
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
Injective BCH/USDC PERP
SoDEX BCH-USD
Variational Omni BCH
Extended BCH-USD
MEXC BCH_USDT
Binance BCHUSDT
Bybit BCHUSDT
Gate BCH_USDT
Bitget BCHUSDT
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
GRVT BCH_USDT_Perp
Coinbase International BCH-PERP-INTX
BloFin BCH-USDT
OKX BCH-USDT-SWAP
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
HTX BCH-USDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]