Funding you earn now, next payment 08:00 UTC−0.0291%/8h= −31.9% APRnext payment −$2.91 per $10,000 · paid last 24h −0.001%
Price spread now: Gate against SunX+0.160%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$940.942% of the position
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 3 days (all we have)−0.132%−$13 · spread now +0.160%, 7d avg +0.035%
=The price spread pays, funding is against you. Gate is 0.124% dearer against SunX than usual: you sell high and buy low (spread +0.160% now, against its 7-day average of +0.035%): +$12 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 34 hours. At the pace of the last 7 days (−0.122% in total) that is about 7.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.122% in total (about -6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.91 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 | 269.09 | 0.0100 | pay 0.0100% / 8h | 7h 11m | $2K | $1.9M | 30x |
| Short | Gate BCH_USDT | 269.52 | −0.0191 | pay 0.0191% / 8h | 7h 11m | $8.5M | $14.3M | 75x |
SunX BCH-USDT
Gate BCH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$61.11
- Price spread: +0.160% → +0.035%
- $12.44
- Slippage, 4 orders
- −$71.22
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$142.89
- Costs to cover
- 0.942%
- Break-even
- never at this rate
Slippage from SunX: live order book, 4 min ago; Gate: live order book, 2 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, 4 min ago | 19.67 bp | 40.2 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 2.41 bp | 13.6 bp −$14 | 16.4 bp −$164 | 54.9 bp −$5,485 | 79.5 bp −$39.8K |
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 | −0.0626% | 8h | 269.53 | +0.164% | $5.0M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0546% | 1h | 269.48 | +0.145% | $2K | $6K | 10x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0525% | 1h | 269.50 | +0.154% | $456K | $266K | 25x | as long as short |
| ApeX Omni BCHUSDT | −0.0214% | 1h | 269.80 | +0.264% | $73K | $215K | 50x | as long as short |
| Gate BCH_USDTshort | −0.0191% | 8h | 269.52 | +0.160% | $8.5M | $14.3M | 75x | |
| GRVT BCH_USDT_Perp | −0.0169% | 8h | 269.62 | +0.196% | $393K | $17K | 10x | as long as short |
| Variational Omni BCH | −0.0128% | 8h | 268.91 | −0.068% | $82K | $285K | — | as long as short |
| Binance BCHUSDT | −0.0070% | 8h | 269.46 | +0.138% | $73.0M | $229.5M | 75x | as long as short |
| MEXC BCH_USDT | −0.0067% | 8h | 269.90 | +0.301% | $70.8M | $6.7M | 200x | as long as short |
| Extended BCH-USD | −0.0064% | 1h | 269.33 | +0.090% | $117K | $961K | 25x | as long as short |
Phemex BCHUSDT
SoDEX BCH-USD
Deribit BCH_USDC-PERPETUAL
ApeX Omni BCHUSDT
GRVT BCH_USDT_Perp
Variational Omni BCH
Binance BCHUSDT
MEXC BCH_USDT
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BCHUSDT | −0.0064% | 8h | 269.42 | +0.123% | $39.8M | $32.6M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 269.99 | +0.334% | $231K | $2.1M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 269.82 | +0.273% | $859K | $3.1M | 50x | as long as short |
| Bitget BCHUSDT | −0.0024% | 8h | 269.39 | +0.111% | $19.3M | $29.2M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0003% / S +0.0007% | 1h | 269.63 | +0.201% | $7K | — | 150x | as long as short |
| OKX BCH-USDT-SWAP | −0.0001% | 8h | 269.40 | +0.115% | $26.2M | $76.4M | 50x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 269.59 | +0.187% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 269.75 | +0.245% | $1.1M | $10.9M | 2.7x | as long as short |
| BingX BCH-USDC | +0.0013% | 8h | 269.37 | +0.104% | — | $6.5M | — | as long as short |
| Orderly PERP_BCH_USDC | +0.0029% | 8h | 269.39 | +0.111% | $2K | $176 | 10x | as long as short |
| Nado BCH-PERP | +0.0031% | 1h | 269.45 | +0.134% | $437K | $419K | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.413% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0052% | 8h | 269.52 | +0.160% | $4.0M | $4.3M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 269.50 | +0.152% | $371K | $530K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.81 | +0.268% | $6.6M | $4.6M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 269.53 | +0.164% | $177K | $658K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 269.46 | +0.138% | $164K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 269.46 | +0.138% | $8.8M | $7.6M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 269.52 | +0.161% | $19K | $292K | 20x | as long as short |
| SunX BCH-USDTlong | +0.0100% | 8h | 269.09 | long leg | $2K | $1.9M | 30x | |
| HTX BCH-USDT | +0.0100% | 8h | 269.43 | +0.126% | $783K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0335% / S −0.0451% | 1h | 269.61 | +0.192% | $25K | — | 100x | as long as short |
Bybit BCHUSDT
Coinbase International BCH-PERP-INTX
Kraken Futures PF_BCHUSD
Bitget BCHUSDT
gTrade (Gains Network) BCH/USD
OKX BCH-USDT-SWAP
dYdX BCH-USD
Kalshi KXBCHPERP
BingX BCH-USDC
Orderly PERP_BCH_USDC
Nado BCH-PERP
Injective BCH/USDC PERP
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]