Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0014%/8h= +1.5% APRpaid last 24h −0.021%

Price spread now: Pacifica against BloFin−0.061%7-day average +0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$440.438% of the position

Long on BloFin Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.222%−$22 on $10k

Price spread, last 4 days (all we have)+0.280%+$28 · spread now −0.061%, 7d avg +0.021%

Together, before fees+0.058%+ Points / potential airdropPacifica: Active · farm board+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 0.082% cheaper against BloFin than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of +0.021%). If the spread goes back, that is −$8 on $10k: about 19 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.222%, 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	BloFin BCH-USDT	265.95	0.0007	pay 0.0007% / 8h	5h 42m	$3.9M	$4.2M	50x
Short	Pacifica BCH	265.79	0.0021	get 0.0003% / 1h	42m 54s	$162K	$314K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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

Position, each leg$Hold fordaysFee BloFinbpFee PacificabpOrdersPrice spread, now −0.061%Rate

Funding earned: $2.96
Price spread: −0.061% → +0.021%: −$8.17
Slippage, 4 orders: −$23.82
Fee BloFin: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$49.03
Costs to cover: 0.438%
Break-even: 122.8 days

Slippage from BloFin: live order book, 66 min ago; Pacifica: live order book, 20 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 BloFin live order book, 66 min ago	4.14 bp	11.6 bp −$12	20.3 bp −$203	doesn't fit	doesn't fit
Sell Pacifica live order book, 20 min ago	3.96 bp	8.9 bp −$9	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	−0.1839%	8h	265.47	−0.180%	$2K	$1.7M	30x	as long as short
HTX BCH-USDT	−0.0532%	8h	265.85	−0.038%	$768K	$1.5M	75x	as long as short
Phemex BCHUSDT	−0.0461%	8h	265.86	−0.034%	$4.9M	$6.6M	50x	as long as short
SoDEX BCH-USD	−0.0353%	1h	265.93	−0.008%	$2K	$8K	10x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0208%	1h	266.01	+0.023%	$447K	$292K	25x	as long as short
GRVT BCH_USDT_Perp	−0.0190%	8h	264.82	−0.423%	$386K	$17K	10x	as long as short
Nado BCH-PERP	−0.0140%	1h	265.75	−0.075%	$420K	$339K	10x	as long as short
Coinbase International BCH-PERP-INTX	−0.0128%	1h	265.77	−0.068%	$226K	$1.8M	50x	as long as short
Binance BCHUSDT	−0.0113%	8h	265.94	−0.003%	$72.3M	$215.5M	75x	as long as short
MEXC BCH_USDT	−0.0113%	8h	266.20	+0.094%	$70.3M	$6.7M	200x	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	−0.0112%	1h	265.78	−0.064%	$112K	$953K	25x	as long as short
Variational Omni BCH	−0.0104%	8h	265.00	−0.356%	$81K	$201K	—	as long as short
Gate BCH_USDT	−0.0092%	8h	266.00	+0.019%	$8.3M	$13.2M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0074%	8h	265.80	−0.056%	$25.3M	$74.4M	50x	as long as short
Bitget BCHUSDT	−0.0052%	8h	265.81	−0.053%	$19.2M	$28.5M	75x	as long as short
KuCoin BCHUSDTM	−0.0038%	8h	265.92	−0.011%	$8.6M	$7.2M	75x	as long as short
Bybit BCHUSDT	−0.0034%	8h	265.90	−0.019%	$39.3M	$31.1M	75x	as long as short
Kraken Futures PF_BCHUSD	−0.0031%	1h	266.09	+0.055%	$853K	$3.0M	50x	as long as short
BingX BCH-USDC	−0.0021%	8h	265.93	−0.008%	—	$6.5M	—	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	266.03	+0.031%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	265.92	−0.010%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	266.06	+0.041%	$1.1M	$10.3M	2.7x	as long as short
BloFin BCH-USDTlong	+0.0007%	8h	265.95	long leg	$3.9M	$4.2M	50x
Pacifica BCHshort	+0.0021%	1h	265.79	−0.061%	$162K	$314K	10x
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.598%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0034%	8h	265.90	−0.019%	$2K	$176	10x	as long as short
Lighter BCH	+0.0096%	1h	265.92	−0.011%	$366K	$477K	10x	as long as short
ApeX Omni BCHUSDT	+0.0098%	1h	265.71	−0.090%	$97K	$226K	50x	as long as short
Hyperliquid BCH	+0.0100%	1h	266.19	+0.090%	$5.7M	$4.7M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	265.94	−0.003%	$168K	$519K	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	265.42	−0.198%	$19K	$293K	20x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0334% / S −0.0451%	1h	266.07	+0.046%	$25K	—	100x	as long as short