Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.006%

Price spread now: Pacifica against BingX−0.132%7-day average — · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$520.517% of the position

Long on BingX Short on Pacifica

What this pair did over the last

the charts below follow

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

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Funding pays, the price is against you. Pacifica is 0.132% cheaper against BingX than usual: you would sell low and buy high (spread −0.132% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 3.8 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.086%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BCH-USDC	265.18	−0.0039	get 0.0039% / 8h	4h 56m	—	$6.5M	—
Short	Pacifica BCH	264.83	0.0077	get 0.0010% / 1h	56m 12s	$161K	$321K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against BingX. 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 BingXbpFee PacificabpOrdersPrice spread, now −0.132%Rate

Funding earned: $24.27
Price spread: −0.132% → 0.000%: −$13.16
Slippage, 4 orders: −$33.72
Fee BingX: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$40.61
Costs to cover: 0.517%
Break-even: 18.7 days

Slippage from BingX: live order book, 9 min ago; Pacifica: 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 BingX live order book, 9 min ago	1.70 bp	15.2 bp −$15	29.7 bp −$297	123.3 bp −$12.3K	430.3 bp −$215.1K
Sell Pacifica live order book, 2 min ago	0.19 bp	8.3 bp −$8	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	−0.0896%	8h	264.84	−0.128%	$2K	$1.7M	30x	as long as short
HTX BCH-USDT	−0.0355%	8h	265.13	−0.019%	$773K	$1.4M	75x	as long as short
Phemex BCHUSDT	−0.0342%	8h	265.17	−0.004%	$4.9M	$6.4M	50x	as long as short
SoDEX BCH-USD	−0.0221%	1h	265.17	−0.004%	$2K	$8K	10x	as long as short
Nado BCH-PERP	−0.0163%	1h	265.15	−0.011%	$421K	$339K	10x	as long as short
GRVT BCH_USDT_Perp	−0.0121%	8h	264.76	−0.159%	$386K	$17K	10x	as long as short
Binance BCHUSDT	−0.0107%	8h	265.17	−0.006%	$72.2M	$213.6M	75x	as long as short
MEXC BCH_USDT	−0.0105%	8h	265.48	+0.113%	$70.0M	$7.2M	200x	as long as short
Extended BCH-USD	−0.0104%	1h	265.04	−0.052%	$112K	$952K	25x	as long as short
Coinbase International BCH-PERP-INTX	−0.0104%	1h	265.07	−0.041%	$221K	$1.8M	50x	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	−0.0101%	8h	264.60	−0.220%	$81K	$201K	—	as long as short
Gate BCH_USDT	−0.0093%	8h	265.15	−0.011%	$8.3M	$13.3M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0083%	8h	265.00	−0.068%	$25.0M	$74.2M	50x	as long as short
KuCoin BCHUSDTM	−0.0076%	8h	265.24	+0.023%	$8.6M	$7.1M	75x	as long as short
Bitget BCHUSDT	−0.0072%	8h	265.09	−0.034%	$19.0M	$28.1M	75x	as long as short
BingX BCH-USDClong	−0.0039%	8h	265.18	long leg	—	$6.5M	—
Bybit BCHUSDT	−0.0037%	8h	265.10	−0.030%	$39.2M	$30.9M	75x	as long as short
ApeX Omni BCHUSDT	−0.0020%	1h	264.85	−0.124%	$96K	$228K	50x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	265.34	+0.061%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	264.85	−0.123%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	264.96	−0.083%	$1.1M	$10.2M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	265.35	+0.066%	$444K	$331K	25x	as long as short
Kraken Futures PF_BCHUSD	+0.0011%	1h	265.36	+0.069%	$850K	$3.0M	50x	as long as short
BloFin BCH-USDT	+0.0014%	8h	264.35	−0.313%	$3.9M	$4.2M	50x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.893%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0034%	8h	265.15	−0.011%	$2K	$176	10x	as long as short
Pacifica BCHshort	+0.0077%	1h	264.83	−0.132%	$161K	$321K	10x
Lighter BCH	+0.0096%	1h	265.26	+0.030%	$363K	$482K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.38	+0.075%	$5.7M	$4.7M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	265.26	+0.031%	$168K	$519K	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	264.55	−0.237%	$19K	$291K	20x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0356% / S −0.0525%	1h	265.32	+0.051%	$25K	—	100x	as long as short