Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0175%/8h= +19.2% APRpaid last 24h +0.006%

Price spread now: Pacifica against Bitget+0.076%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$450.455% of the position

Long on Bitget Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.026%−$3 on $10k

Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.076%, 7d avg +0.030%

Together, before fees−0.060%+ Points / potential airdropPacifica: Active · farm board−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Pacifica is 0.046% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BCHUSDT	265.09	−0.0075	get 0.0075% / 8h	3h 33m	$19.0M	$28.3M	75x
Short	Pacifica BCH	265.29	0.0100	get 0.0013% / 1h	33m 57s	$159K	$305K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Bitget. 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 BitgetbpFee PacificabpOrdersPrice spread, now +0.076%Rate

Funding earned: $36.75
Price spread: +0.076% → +0.030%: $4.62
Slippage, 4 orders: −$25.49
Fee Bitget: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$4.12
Costs to cover: 0.455%
Break-even: 7.8 days

Slippage from Bitget: live order book, 5 min ago; Pacifica: live order book, 19 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 Bitget live order book, 5 min ago	0.94 bp	9.8 bp −$10	14.5 bp −$145	25.2 bp −$2,520	doesn't fit
Sell Pacifica live order book, 19 min ago	2.81 bp	10.7 bp −$11	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
Phemex BCHUSDT	−0.0261%	8h	265.01	−0.030%	$4.9M	$6.4M	50x	as long as short
HTX BCH-USDT	−0.0226%	8h	265.05	−0.015%	$773K	$1.4M	75x	as long as short
SoDEX BCH-USD	−0.0210%	1h	264.98	−0.041%	$2K	$8K	10x	as long as short
SunX BCH-USDT	−0.0200%	8h	265.18	+0.034%	$1K	$1.7M	30x	as long as short
Nado BCH-PERP	−0.0192%	1h	265.15	+0.023%	$431K	$346K	10x	as long as short
OKX BCH-USDT-SWAP	−0.0091%	8h	265.10	+0.004%	$25.1M	$76.3M	50x	as long as short
KuCoin BCHUSDTM	−0.0087%	8h	265.14	+0.019%	$8.5M	$6.9M	75x	as long as short
Bitget BCHUSDTlong	−0.0075%	8h	265.09	long leg	$19.0M	$28.3M	75x
MEXC BCH_USDT	−0.0073%	8h	265.45	+0.136%	$70.3M	$7.9M	200x	as long as short
Binance BCHUSDT	−0.0073%	8h	265.16	+0.026%	$72.0M	$215.6M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BCH-USD	−0.0072%	1h	264.97	−0.044%	$113K	$956K	25x	as long as short
Coinbase International BCH-PERP-INTX	−0.0064%	1h	265.72	+0.238%	$219K	$1.8M	50x	as long as short
Variational Omni BCH	−0.0063%	8h	265.10	+0.005%	$81K	$196K	—	as long as short
Kraken Futures PF_BCHUSD	−0.0051%	1h	265.24	+0.055%	$852K	$3.0M	50x	as long as short
GRVT BCH_USDT_Perp	−0.0050%	8h	264.85	−0.089%	$386K	$17K	10x	as long as short
Gate BCH_USDT	−0.0029%	8h	265.20	+0.041%	$8.3M	$13.6M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	265.12	+0.011%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	265.32	+0.086%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	265.26	+0.064%	$1.0M	$10.4M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	265.08	−0.003%	$443K	$332K	25x	as long as short
BingX BCH-USDC	+0.0010%	8h	265.15	+0.023%	—	$6.5M	—	as long as short
Bybit BCHUSDT	+0.0017%	8h	265.10	+0.004%	$39.1M	$31.2M	75x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.928%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0046%	8h	264.96	−0.049%	$2K	$176	10x	as long as short
BloFin BCH-USDT	+0.0047%	8h	265.25	+0.060%	$3.9M	$4.3M	50x	as long as short
Aster BCHUSDT	+0.0084%	8h	265.27	+0.068%	$150K	$545K	75x	as long as short
Lighter BCH	+0.0096%	1h	265.05	−0.016%	$359K	$491K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.43	+0.128%	$5.7M	$4.6M	10x	as long as short
Pacifica BCHshort	+0.0100%	1h	265.29	+0.076%	$159K	$305K	10x
edgeX BCHUSDC	+0.0100%	4h	265.38	+0.110%	$31K	$301K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	265.60	+0.192%	$97K	$234K	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0358% / S −0.0530%	1h	265.08	−0.004%	$25K	—	100x	as long as short