Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0009%/8h= −1.0% APRpaid last 24h −0.005%

Price spread now: Extended against Bybit−0.019%7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$350.351% of the position

Long on Bybit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.055%−$5 on $10k

Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.019%, 7d avg −0.034%

Together, before fees−0.087%+ Points / potential airdropExtended: Active · farm board−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.034%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BCHUSDT	266.90	−0.0119	get 0.0119% / 8h	2h 55m	$39.4M	$32.4M	75x
Short	Extended BCH-USD	266.85	−0.0128	pay 0.0016% / 1h	55m 59s	$105K	$643K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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 BybitbpFee ExtendedbpOrdersPrice spread, now −0.019%Rate

Funding earned: −$1.99
Price spread: −0.019% → −0.034%: $1.5
Slippage, 4 orders: −$19.11
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$35.61
Costs to cover: 0.351%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; Extended: live order book, 32 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 Bybit live order book, 3 min ago	1.87 bp	10.7 bp −$11	19.3 bp −$193	76.2 bp −$7,617	doesn't fit
Sell Extended live order book, 32 min ago	0.75 bp	7.3 bp −$7	59.3 bp −$593	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
Injective BCH/USDC PERP	−0.0304%	1h	267.23	+0.124%	$713	$80K	12x	as long as short
Phemex BCHUSDT	−0.0199%	8h	266.91	+0.004%	$4.9M	$6.3M	50x	as long as short
Extended BCH-USDshort	−0.0128%	1h	266.85	−0.019%	$105K	$643K	25x
Binance BCHUSDT	−0.0124%	8h	266.94	+0.017%	$73.8M	$231.5M	75x	as long as short
MEXC BCH_USDT	−0.0123%	8h	267.57	+0.251%	$70.8M	$6.3M	200x	as long as short
Bybit BCHUSDTlong	−0.0119%	8h	266.90	long leg	$39.4M	$32.4M	75x
SoDEX BCH-USD	−0.0092%	1h	266.94	+0.015%	$2K	$6K	10x	as long as short
Variational Omni BCH	−0.0091%	8h	267.35	+0.170%	$85K	$291K	—	as long as short
GRVT BCH_USDT_Perp	−0.0077%	8h	267.31	+0.154%	$390K	$17K	10x	as long as short
Bitget BCHUSDT	−0.0060%	8h	266.87	−0.011%	$20.0M	$29.1M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BCH_USDT	−0.0046%	8h	266.97	+0.026%	$8.3M	$14.3M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0027%	8h	266.90	0.000%	$26.2M	$76.3M	50x	as long as short
BingX BCH-USDT	−0.0025%	8h	266.97	+0.026%	—	$32.2M	—	as long as short
Coinbase International BCH-PERP-INTX	−0.0024%	1h	266.85	−0.019%	$259K	$2.1M	50x	as long as short
BloFin BCH-USDT	−0.0004%	8h	266.82	−0.030%	$4.0M	$4.1M	50x	as long as short
dYdX BCH-USD	0.0000%	1h	266.92	+0.007%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	267.24	+0.127%	$1.1M	$11.7M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	266.88	−0.007%	$436K	$251K	25x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	266.87	−0.011%	$4K	—	150x	as long as short
Orderly PERP_BCH_USDC	+0.0030%	8h	266.75	−0.056%	$2K	$176	10x	as long as short
KuCoin BCHUSDTM	+0.0064%	8h	267.01	+0.041%	$8.8M	$8.1M	75x	as long as short
Nado BCH-PERP	+0.0070%	1h	266.81	−0.032%	$438K	$427K	10x	as long as short
Kraken Futures PF_BCHUSD	+0.0074%	1h	267.13	+0.084%	$804K	$3.2M	50x	as long as short
Lighter BCH	+0.0096%	1h	266.97	+0.025%	$375K	$579K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	267.26	+0.135%	$6.0M	$4.2M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	267.11	+0.077%	$234K	$682K	75x	as long as short
Pacifica BCH	+0.0100%	1h	266.86	−0.014%	$168K	$461K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	267.32	+0.156%	$19K	$287K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	267.43	+0.199%	$73K	$214K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	266.52	−0.142%	$2K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	266.99	+0.034%	$771K	$1.7M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0371% / S −0.0574%	1h	266.92	+0.008%	$26K	—	100x	as long as short