Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0164%/8h= −17.9% APRpaid last 24h +0.004%

Price spread now: GRVT against ApeX Omni−0.028%7-day average −0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$460.462% of the position

Long on ApeX Omni Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.086%−$9 on $10k

Price spread, last 4 days (all we have)0.000%$0 · spread now −0.028%, 7d avg −0.045%

Together, before fees−0.086%+ Points / potential airdropGRVT: Active · farm board−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.045%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni BCHUSDT	266.70	0.0044	pay 0.0005% / 1h	15m 28s	$97K	$227K	50x
Short	GRVT BCH_USDT_Perp	266.63	−0.0120	pay 0.0120% / 8h	5h 15m	$389K	$17K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee GRVTbpOrdersPrice spread, now −0.028%Rate

Funding earned: −$34.39
Price spread: −0.028% → −0.045%: $1.78
Slippage, 4 orders: −$27.19
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$78.81
Costs to cover: 0.462%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 46 min ago; GRVT: live order book, 47 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 ApeX Omni live order book, 46 min ago	4.53 bp	12.3 bp −$12	92.3 bp −$923	doesn't fit	doesn't fit
Sell GRVT live order book, 47 min ago	3.96 bp	9.6 bp −$10	doesn't fit	doesn't fit	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
SunX BCH-USDT	−0.1257%	8h	266.40	−0.112%	$2K	$1.7M	30x	as long as short
HTX BCH-USDT	−0.0434%	8h	266.68	−0.007%	$775K	$1.4M	75x	as long as short
Phemex BCHUSDT	−0.0422%	8h	266.52	−0.067%	$4.9M	$6.5M	50x	as long as short
SoDEX BCH-USD	−0.0294%	1h	266.55	−0.056%	$2K	$8K	10x	as long as short
Coinbase International BCH-PERP-INTX	−0.0128%	1h	266.55	−0.056%	$224K	$1.8M	50x	as long as short
Nado BCH-PERP	−0.0122%	1h	266.29	−0.155%	$423K	$339K	10x	as long as short
GRVT BCH_USDT_Perpshort	−0.0120%	8h	266.63	−0.028%	$389K	$17K	10x
Extended BCH-USD	−0.0104%	1h	266.18	−0.195%	$116K	$953K	25x	as long as short
MEXC BCH_USDT	−0.0104%	8h	266.67	−0.011%	$70.3M	$7.0M	200x	as long as short
Binance BCHUSDT	−0.0104%	8h	266.31	−0.146%	$72.4M	$213.5M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BCH	−0.0095%	8h	266.60	−0.038%	$82K	$201K	—	as long as short
Gate BCH_USDT	−0.0094%	8h	266.38	−0.120%	$8.3M	$13.3M	75x	as long as short
KuCoin BCHUSDTM	−0.0068%	8h	266.37	−0.124%	$8.6M	$7.1M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0068%	8h	266.30	−0.150%	$25.2M	$74.3M	50x	as long as short
Bitget BCHUSDT	−0.0063%	8h	266.24	−0.172%	$19.2M	$28.1M	75x	as long as short
Bybit BCHUSDT	−0.0039%	8h	266.30	−0.150%	$39.3M	$30.8M	75x	as long as short
Kraken Futures PF_BCHUSD	−0.0031%	1h	266.83	+0.048%	$856K	$3.0M	50x	as long as short
BingX BCH-USDT	−0.0030%	8h	266.49	−0.079%	—	$32.1M	—	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0009%	1h	266.70	+0.001%	$446K	$331K	25x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	266.74	+0.015%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	266.60	−0.038%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	266.81	+0.041%	$1.1M	$10.2M	2.7x	as long as short
BloFin BCH-USDT	+0.0015%	8h	266.65	−0.019%	$3.9M	$4.2M	50x	as long as short
Pacifica BCH	+0.0021%	1h	266.35	−0.130%	$162K	$321K	10x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.312%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0034%	8h	266.52	−0.067%	$2K	$176	10x	as long as short
ApeX Omni BCHUSDTlong	+0.0044%	1h	266.70	long leg	$97K	$227K	50x
Lighter BCH	+0.0096%	1h	266.34	−0.135%	$364K	$482K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	266.56	−0.052%	$5.7M	$4.7M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	266.61	−0.034%	$168K	$519K	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	266.57	−0.047%	$19K	$291K	20x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0357% / S −0.0525%	1h	266.79	+0.034%	$25K	—	100x	as long as short