Settings8H · net · $10k
Funding arb · Price arb /

BCH

all BCH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0130%/8h= +14.3% APRpaid last 24h −0.030%
Price spread now: Hyperliquid against BloFin+0.450%7-day average +0.058% · 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+$5as in the Price arb table
costs, in and out, $10k−$340.342% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.165%−$16 on $10k
Price spread, last 3 days (all we have)−0.301%−$30 · spread now +0.450%, 7d avg +0.058%
Together, before fees−0.466%+ Points / potential airdropHyperliquid: Season 2 · farm board−$47 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Hyperliquid is 0.392% dearer against BloFin than usual: you sell high and buy low: +$39 more if the spread goes back to its 7-day average of +0.058%. Mind the row above: over the last 7 days funding on this pair cost −0.165%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BCH-USDT268.610.0037pay 0.0037% / 8h1h 56m$4.0M$4.1M50x
ShortHyperliquid BCH269.820.0168get 0.0021% / 1h56m 35s$6.0M$4.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against BloFin. 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

Funding earned
$27.4
Price spread: +0.450% → +0.058%
$39.25
Slippage, 4 orders
−$13.16
Fee BloFin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$32.49
Costs to cover
0.342%
Break-even
from the start
Slippage from BloFin: live order book, 2 min ago; Hyperliquid: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 2 min ago0.19 bp10.6 bp −$1120.4 bp −$204doesn't fitdoesn't fit
Sell Hyperliquid live order book, 5 min ago0.19 bp8.0 bp −$8doesn't fitdoesn't fitdoesn't fit

BCH on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit BCH_USDC-PERPETUAL−0.0237%1h268.76+0.055%$440K$247K25xas long as short
Phemex BCHUSDT−0.0175%8h268.67+0.022%$4.9M$6.3M50xas long as short
Injective BCH/USDC PERP−0.0154%1h268.50−0.041%$716$110K12xas long as short
Binance BCHUSDT−0.0083%8h269.50+0.330%$74.3M$229.7M75xas long as short
MEXC BCH_USDT−0.0082%8h270.10+0.555%$71.4M$6.3M200xas long as short
Extended BCH-USD−0.0080%1h269.50+0.331%$116K$653K25xas long as short
Variational Omni BCH−0.0071%8h267.74−0.325%$85K$291Kas long as short
Bitget BCHUSDT−0.0027%8h269.46+0.316%$20.0M$29.0M75xas long as short
Gate BCH_USDT−0.0024%8h269.51+0.335%$8.4M$14.4M75xas long as short
GRVT BCH_USDT_Perp−0.0013%8h267.83−0.291%$390K$17K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BCHUSDT−0.0002%8h269.32+0.264%$39.6M$32.2M75xas long as short
dYdX BCH-USD0.0000%1h269.56+0.355%$5K$24810xas long as short
Kalshi KXBCHPERP0.0000%8h268.29−0.119%$1.0M$11.2M2.7xas long as short
gTrade (Gains Network) BCH/USDL 0.0000% / S +0.0007%1h268.66+0.018%$4K150xas long as short
Nado BCH-PERP+0.0014%1h269.36+0.278%$441K$425K10xas long as short
Coinbase International BCH-PERP-INTX+0.0016%1h268.55−0.022%$230K$2.1M50xas long as short
Orderly PERP_BCH_USDC+0.0026%8h268.75+0.052%$2K$17610xas long as short
BingX BCH-USDC+0.0028%8h269.57+0.357%$6.5Mas long as short
SoDEX BCH-USD+0.0036%1h268.60−0.004%$2K$6K10xas long as short
BloFin BCH-USDTlong+0.0037%8h268.61long leg$4.0M$4.1M50x
OKX BCH-USDT-SWAP+0.0041%8h269.50+0.331%$26.3M$76.4M50xas long as short
Lighter BCH+0.0096%1h269.52+0.341%$378K$581K10xas long as short
Aster BCHUSDT+0.0100%8h269.45+0.312%$236K$666K75xas long as short
Pacifica BCH+0.0100%1h269.50+0.333%$170K$455K10xas long as short
KuCoin BCHUSDTM+0.0100%8h269.59+0.365%$8.9M$7.9M75xas long as short
edgeX BCHUSDC+0.0100%4h268.15−0.173%$19K$288K20xas long as short
ApeX Omni BCHUSDT+0.0100%1h267.95−0.246%$73K$214K50xas long as short
SunX BCH-USDT+0.0100%8h268.12−0.182%$1K$2.0M30xas long as short
HTX BCH-USDT+0.0100%8h268.27−0.127%$772K$1.6M75xas long as short
Kraken Futures PF_BCHUSD+0.0113%1h268.95+0.126%$806K$3.2M50xas long as short
Hyperliquid BCHshort+0.0168%1h269.82+0.450%$6.0M$4.1M10x
GMX BCH/USD [WBTC.b-USDC]L +0.0340% / S −0.0467%1h268.71+0.039%$26K100xas long as short