Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h +0.050%

Price spread now: BloFin against dYdX−0.147%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. BloFin is 0.147% cheaper against dYdX than usual: you would sell low and buy high (spread −0.147% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 16 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX BCH-USD	265.15	0	get 0.0000% / 1h	0m 29s	$5K	$248	10x
Short	BloFin BCH-USDT	264.76	0.0031	get 0.0031% / 8h	4h 00m	$3.9M	$4.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against dYdX. 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 dYdXbpFee BloFinbpOrdersPrice spread, now −0.147%Rate

Funding earned: $6.43
Price spread: −0.147% → 0.000%: −$14.69
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$30.27
Costs to cover: 0.220%
Break-even: 40.0 days

Slippage unknown: dYdX: no order-book sample; BloFin: live order book, 3 min ago. Net counts fees only.

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 dYdX no order-book sample	—	—	—	—	—
Sell BloFin live order book, 3 min ago	0.38 bp	12.0 bp −$12	19.7 bp −$197	43.3 bp −$4,329	doesn't fit

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0363%	8h	264.99	−0.060%	$2K	$1.7M	30x	as long as short
SoDEX BCH-USD	−0.0294%	1h	264.75	−0.151%	$2K	$8K	10x	as long as short
Phemex BCHUSDT	−0.0280%	8h	264.88	−0.102%	$4.9M	$6.4M	50x	as long as short
Nado BCH-PERP	−0.0258%	1h	264.80	−0.132%	$430K	$343K	10x	as long as short
HTX BCH-USDT	−0.0228%	8h	264.84	−0.117%	$772K	$1.4M	75x	as long as short
Coinbase International BCH-PERP-INTX	−0.0104%	1h	265.20	+0.019%	$222K	$1.8M	50x	as long as short
OKX BCH-USDT-SWAP	−0.0100%	8h	264.90	−0.094%	$25.4M	$75.6M	50x	as long as short
Binance BCHUSDT	−0.0089%	8h	264.93	−0.081%	$71.9M	$214.9M	75x	as long as short
MEXC BCH_USDT	−0.0089%	8h	265.35	+0.076%	$70.4M	$7.9M	200x	as long as short
Extended BCH-USD	−0.0088%	1h	264.73	−0.157%	$112K	$958K	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BCHUSDTM	−0.0088%	8h	264.96	−0.072%	$8.5M	$7.0M	75x	as long as short
Bitget BCHUSDT	−0.0079%	8h	264.81	−0.128%	$18.9M	$28.1M	75x	as long as short
Variational Omni BCH	−0.0073%	8h	265.00	−0.055%	$81K	$197K	—	as long as short
GRVT BCH_USDT_Perp	−0.0064%	8h	265.06	−0.032%	$386K	$17K	10x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0056%	1h	264.91	−0.092%	$443K	$331K	25x	as long as short
Gate BCH_USDT	−0.0050%	8h	264.97	−0.068%	$8.3M	$13.7M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	265.03	−0.046%	$15K	—	150x	as long as short
Bybit BCHUSDT	−0.0001%	8h	264.90	−0.094%	$39.1M	$31.1M	75x	as long as short
dYdX BCH-USDlong	0.0000%	1h	265.15	long leg	$5K	$248	10x
Kalshi KXBCHPERP	0.0000%	8h	265.16	+0.004%	$1.0M	$10.3M	2.7x	as long as short
Kraken Futures PF_BCHUSD	+0.0011%	1h	265.09	−0.023%	$853K	$3.0M	50x	as long as short
BingX BCH-USDC	+0.0014%	8h	264.95	−0.075%	—	$6.5M	—	as long as short
BloFin BCH-USDTshort	+0.0031%	8h	264.76	−0.147%	$3.9M	$4.3M	50x
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.905%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0041%	8h	264.77	−0.143%	$2K	$176	10x	as long as short
Pacifica BCH	+0.0077%	1h	264.99	−0.061%	$159K	$304K	10x	as long as short
Aster BCHUSDT	+0.0095%	8h	264.91	−0.090%	$152K	$540K	75x	as long as short
Lighter BCH	+0.0096%	1h	264.97	−0.068%	$357K	$490K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.10	−0.018%	$5.7M	$4.6M	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	264.88	−0.103%	$19K	$290K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	265.16	+0.004%	$97K	$232K	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0350% / S −0.0506%	1h	264.96	−0.072%	$24K	—	100x	as long as short