Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0213%/8h= −23.3% APRpaid last 24h −0.002%

Price spread now: MEXC against ApeX Omni+0.299%66s7-day average +0.135% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as 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−$360.357% of the position

Long on ApeX Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.149%−$15 on $10k

Price spread, last 3 days (all we have)−0.300%−$30 · spread now +0.299%, 7d avg +0.135%

Together, before fees−0.449%−$45 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.163% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.299% now, against its 7-day average of +0.135%): +$16 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.6 days. At the pace of the last 7 days (−0.149% in total) that is about 7.7 days. The two prices were read 66 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	ApeX Omni BCHUSDT	267.82	0.0100	pay 0.0013% / 1h	30m 19s	$73K	$213K	50x
Short	MEXC BCH_USDT	268.62	−0.0113	pay 0.0113% / 8h	2h 30m	$71.2M	$6.4M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.299%Rate

Funding earned: −$44.73
Price spread: +0.299% → +0.135%: $16.34
Slippage, 4 orders: −$21.65
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$64.05
Costs to cover: 0.357%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 55 min ago; MEXC: live order book, 4 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, 55 min ago	4.68 bp	13.0 bp −$13	97.4 bp −$974	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	2.98 bp	5.7 bp −$6	20.4 bp −$204	55.2 bp −$5,515	111.3 bp −$55.7K

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	−0.0395%	1h	267.96	+0.053%	$438K	$247K	25x	as long as short
Injective BCH/USDC PERP	−0.0304%	1h	267.23	−0.220%	$713	$80K	12x	as long as short
Phemex BCHUSDT	−0.0202%	8h	267.81	−0.004%	$4.9M	$6.2M	50x	as long as short
SoDEX BCH-USD	−0.0183%	1h	267.81	−0.004%	$2K	$6K	10x	as long as short
Binance BCHUSDT	−0.0113%	8h	267.78	−0.016%	$73.9M	$229.0M	75x	as long as short
MEXC BCH_USDTshort	−0.0113%	8h	268.62	+0.299%	$71.2M	$6.4M	200x
Extended BCH-USD	−0.0112%	1h	267.78	−0.013%	$105K	$643K	25x	as long as short
Variational Omni BCH	−0.0078%	8h	267.84	+0.007%	$85K	$291K	—	as long as short
Bybit BCHUSDT	−0.0053%	8h	267.62	−0.075%	$39.4M	$32.0M	75x	as long as short
GRVT BCH_USDT_Perp	−0.0050%	8h	267.74	−0.031%	$390K	$17K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BCHUSDT	−0.0046%	8h	267.86	+0.015%	$20.0M	$28.8M	75x	as long as short
Gate BCH_USDT	−0.0030%	8h	267.98	+0.060%	$8.4M	$14.4M	75x	as long as short
Coinbase International BCH-PERP-INTX	−0.0024%	1h	267.90	+0.030%	$246K	$2.0M	50x	as long as short
BingX BCH-USDC	−0.0007%	8h	267.98	+0.060%	—	$6.5M	—	as long as short
OKX BCH-USDT-SWAP	0.0000%	8h	267.90	+0.030%	$26.3M	$75.8M	50x	as long as short
dYdX BCH-USD	0.0000%	1h	268.19	+0.137%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	268.31	+0.183%	$1.1M	$11.3M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	268.07	+0.094%	$4K	—	150x	as long as short
BloFin BCH-USDT	+0.0007%	8h	267.91	+0.034%	$4.0M	$4.1M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0028%	8h	267.88	+0.022%	$2K	$176	10x	as long as short
Kraken Futures PF_BCHUSD	+0.0074%	1h	268.15	+0.125%	$804K	$3.2M	50x	as long as short
Nado BCH-PERP	+0.0076%	1h	267.91	+0.035%	$439K	$427K	10x	as long as short
KuCoin BCHUSDTM	+0.0094%	8h	268.05	+0.086%	$8.9M	$8.0M	75x	as long as short
Lighter BCH	+0.0096%	1h	267.85	+0.010%	$375K	$580K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	268.24	+0.157%	$6.0M	$4.1M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	268.02	+0.073%	$234K	$660K	75x	as long as short
Pacifica BCH	+0.0100%	1h	268.08	+0.097%	$169K	$460K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	267.84	+0.006%	$19K	$289K	20x	as long as short
ApeX Omni BCHUSDTlong	+0.0100%	1h	267.82	long leg	$73K	$213K	50x
SunX BCH-USDT	+0.0100%	8h	267.70	−0.045%	$1K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	267.76	−0.022%	$771K	$1.6M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0372% / S −0.0574%	1h	268.01	+0.070%	$26K	—	100x	as long as short