Funding you earn now, next payment 08:00 UTC−0.0077%/8h= −8.4% APRnext payment −$0.77 per $10,000 · paid last 24h −0.001%
Price spread now: OKX against SunX+0.052%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$860.858% of the position
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 3 days (all we have)−0.027%−$3 · spread now +0.052%, 7d avg +0.002%
=The price spread pays, funding is against you. OKX is 0.051% dearer against SunX than usual: you sell high and buy low (spread +0.052% now, against its 7-day average of +0.002%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BCH-USDT | 268.56 | 0.0100 | pay 0.0100% / 8h | 7h 35m | $2K | $1.9M | 30x |
| Short | OKX BCH-USDT-SWAP | 268.70 | 0.0023 | get 0.0023% / 8h | 7h 35m | $26.1M | $76.9M | 50x |
SunX BCH-USDT
OKX BCH-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$16.13
- Price spread: +0.052% → +0.002%
- $5.05
- Slippage, 4 orders
- −$67.84
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$96.92
- Costs to cover
- 0.858%
- Break-even
- never at this rate
Slippage from SunX: live order book, 10 min ago; OKX: live order book, 3 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 OKX live order book, 3 min ago | 1.87 bp | 8.4 bp −$8 | 15.7 bp −$157 | 80.0 bp −$8,003 | 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 | +0.030% | $4.9M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0514% | 1h | 268.79 | +0.086% | $2K | $6K | 10x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0404% | 1h | 268.88 | +0.121% | $454K | $266K | 25x | as long as short |
| HTX BCH-USDT | −0.0299% | 8h | 268.54 | −0.007% | $780K | $1.6M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0258% | 8h | 267.76 | −0.298% | $390K | $17K | 10x | as long as short |
| ApeX Omni BCHUSDT | −0.0171% | 1h | 268.26 | −0.112% | $73K | $214K | 50x | as long as short |
| Variational Omni BCH | −0.0127% | 8h | 268.51 | −0.019% | $82K | $285K | — | as long as short |
| Gate BCH_USDT | −0.0095% | 8h | 268.81 | +0.093% | $8.5M | $14.2M | 75x | as long as short |
| Extended BCH-USD | −0.0056% | 1h | 268.71 | +0.055% | $117K | $975K | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 268.58 | +0.007% | $227K | $2.1M | 50x | as long as short |
Phemex BCHUSDT
SoDEX BCH-USD
Deribit BCH_USDC-PERPETUAL
HTX BCH-USDT
GRVT BCH_USDT_Perp
ApeX Omni BCHUSDT
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 | 269.23 | +0.249% | $70.5M | $6.6M | 200x | as long as short |
| Binance BCHUSDT | −0.0055% | 8h | 268.69 | +0.048% | $72.8M | $230.3M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 269.00 | +0.164% | $858K | $3.1M | 50x | as long as short |
| Bybit BCHUSDT | −0.0039% | 8h | 268.80 | +0.089% | $39.8M | $32.6M | 75x | as long as short |
| Bitget BCHUSDT | −0.0008% | 8h | 268.71 | +0.056% | $19.3M | $29.4M | 75x | as long as short |
| Nado BCH-PERP | −0.0002% | 1h | 268.73 | +0.064% | $441K | $420K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 268.96 | +0.148% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.97 | +0.153% | $1.1M | $10.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 268.90 | +0.128% | $4K | — | 150x | as long as short |
| BingX BCH-USDT | +0.0020% | 8h | 268.77 | +0.078% | — | $31.2M | — | as long as short |
| OKX BCH-USDT-SWAPshort | +0.0023% | 8h | 268.70 | +0.052% | $26.1M | $76.9M | 50x | |
| Orderly PERP_BCH_USDC | +0.0031% | 8h | 268.78 | +0.082% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.611% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0065% | 8h | 268.20 | −0.134% | $3.9M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 268.77 | +0.079% | $370K | $529K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.08 | +0.194% | $6.0M | $4.4M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 268.79 | +0.084% | $177K | $666K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 268.78 | +0.083% | $163K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 268.78 | +0.082% | $9.0M | $7.6M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 267.71 | −0.317% | $19K | $290K | 20x | as long as short |
| SunX BCH-USDTlong | +0.0100% | 8h | 268.56 | long leg | $2K | $1.9M | 30x | |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0334% / S −0.0224% | 1h | 268.91 | +0.131% | $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
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]