BCHUSD is a BCH/USD perpetual contract priced on the .BBCH Index. Each contract is worth 0.001 mXBT per $1 price, currently 0.00048807 XBT.
Funding is paid and received every 8 hours. The next payout event is at 4:00 AM UTC.
BCHUSD uses a Premium Index to calculate funding rates. The underlying interest rates are quoted in the .BCHBON8H Index and .USDBON8H Index, and the premium rate is quoted in the .BCHUSDPI8H Index. These are used to calculate the final funding rate.
Today, longs will pay 0.0878%, and shorts will receive 0.0878% at 4:00 AM UTC. BitMEX does not charge fees on funding payments.
View the BitMEX Perpetual Contracts Guide
More information about the funding rate is available in the Perpetuals Guide.
Interest Base | Interest Quote | Premium | |
Symbols | .BCHBON8H | .USDBON8H | .BCHUSDPI8H |
Rates | 0.03% | 0.06% | 0.1378% |
I = Interest Rate, B = Interest Base, Q = Interest Quote, T = Funding Times Per Day P = Premium Rate, F = Funding Rate
TheFunding Rate
is the rate exchanged between users.
ThePremium Rate
is used to calculate it, adjusted by theInterest Rate
by up to 0.05%.
I = (Q - B) / T
F = P + Clamp(I - P, -0.05%, 0.05%)
I = 0.0100%I = (0.06% - 0.03%) / 3F = 0.0878%F = 0.1378% + Clamp(0.0100% - 0.1378%, -0.05%, 0.05%)
Ticker Root | BCHUSD |
Expiry Date | Perpetual, subject to Early Settlement |
Initial Margin | 4.00% + Entry Taker Fee + Exit Taker Fee |
Maint. Margin | 2.00% + Exit Taker Fee + Funding Rate |
Interest Base Symbol | .BCHBON8H |
Interest Quote Symbol | .USDBON8H |
Funding Premium Symbol | .BCHUSDPI8H |
Funding Rate | 0.0878% |
Funding Interval | every 8 hours |
Next Funding | Feb 27, 2021, 4:00:00 AM |
Predicted Rate | 0.1371% |
Mark Price | 488.070 |
Auto-Deleveraging Enabled | Yes: This contract is highly speculative and manages loss through auto-deleveraging. |
Mark Method | FairPrice |
Fair Basis | 0.34 |
Fair Basis Rate | 96% |
Fair Basis Calculation | The fair basis on this instrument is determined by an annualized calculation of the funding rate. |
Risk Limit | 50 XBT |
Risk Step | 50 XBT |
Open Interest | 462,055 |
24H Turnover | 745.6357 XBT |
Total Volume | 817,793,474 |
Type | Settled in XBT, quoted in USD |
Contract Size | 0.001 mXBT per 1 USD (Currently 0.00048807 XBT per contract) |
Settlement | This contract is perpetual and does not settle. Subject to Early Settlement. |
Commission | See the Fees Reference for more details. |
Minimum Price Increment | 0.05 USD |
Max Price | 1,000,000 |
Max Order Quantity | 100,000,000 |
Lot Size | 1 |