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

BCH

all BCH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.19 per $10,000 · paid last 24h +0.019%
Price spread now: ApeX Omni against Extended+0.042%72s7-day average +0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$390.389% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.144%+$14 on $10k
Price spread, last 4 days (all we have)+0.465%+$46 · spread now +0.042%, 7d avg +0.106%
Together, before fees+0.608%+ Points / potential airdropExtended: Active · farm board+$61 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.064% cheaper against Extended than usual: you would sell low and buy high (spread +0.042% now, against its 7-day average of +0.106%). If the spread goes back, that is −$6 on $10k: about 34 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.144% in total) that is about 3.1 days. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BCH-USD265.58−0.0048get 0.0006% / 1h44m 23s$111K$909K25x
ShortApeX Omni BCHUSDT265.690.0100get 0.0013% / 1h44m 23s$95K$241K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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
$31.08
Price spread: +0.042% → +0.106%
−$6.35
Slippage, 4 orders
−$23.94
Fee Extended: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$14.21
Costs to cover
0.389%
Break-even
10.2 days
Slippage from Extended: live order book, 49 min ago; ApeX Omni: live order book, 57 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 Extended live order book, 49 min ago1.14 bp7.4 bp −$798.3 bp −$983doesn't fitdoesn't fit
Sell ApeX Omni live order book, 57 min ago4.53 bp12.4 bp −$1295.1 bp −$951doesn'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
SoDEX BCH-USD−0.0284%1h265.51−0.026%$2K$8K10xas long as short
Kraken Futures PF_BCHUSD−0.0219%1h265.77+0.072%$865K$2.9M50xas long as short
Phemex BCHUSDT−0.0173%8h265.72+0.053%$4.9M$6.6M50xas long as short
HTX BCH-USDT−0.0124%8h265.60+0.008%$778K$1.4M75xas long as short
Variational Omni BCH−0.0107%8h265.50−0.030%$81K$196Kas long as short
KuCoin BCHUSDTM−0.0086%8h265.60+0.008%$8.5M$6.5M75xas long as short
Bybit BCHUSDT−0.0084%8h265.60+0.008%$39.0M$31.5M75xas long as short
Bitget BCHUSDT−0.0070%8h265.68+0.038%$18.9M$28.1M75xas long as short
OKX BCH-USDT-SWAP−0.0063%8h265.60+0.008%$25.3M$77.6M50xas long as short
Binance BCHUSDT−0.0048%8h265.69+0.042%$73.2M$218.4M75xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BCH-USDlong−0.0048%1h265.58long leg$111K$909K25x
MEXC BCH_USDT−0.0047%8h266.01+0.163%$71.0M$8.7M200xas long as short
BingX BCH-USDT−0.0038%8h265.70+0.046%$15.4Mas long as short
GRVT BCH_USDT_Perp−0.0031%8h265.82+0.090%$388K$17K10xas long as short
Gate BCH_USDT−0.0016%8h265.71+0.050%$8.4M$13.4M75xas long as short
gTrade (Gains Network) BCH/USDL −0.0004% / S +0.0007%1h265.78+0.076%$15K150xas long as short
Pacifica BCH−0.0003%1h265.53−0.016%$159K$310K10xas long as short
dYdX BCH-USD0.0000%1h265.77+0.072%$5K$24010xas long as short
Kalshi KXBCHPERP0.0000%8h265.78+0.076%$1.0M$10.5M2.7xas long as short
Deribit BCH_USDC-PERPETUAL0.0000%1h265.83+0.097%$442K$337K25xas long as short
Injective BCH/USDC PERP+0.0033%1h270.20+1.740%$721$130K12xas long as short
Aster BCHUSDT+0.0038%8h265.54−0.014%$138K$591K75xas long as short
Orderly PERP_BCH_USDC+0.0045%8h265.74+0.061%$2K$17610xas long as short
Nado BCH-PERP+0.0045%1h265.41−0.064%$438K$358K10xas long as short
BloFin BCH-USDT+0.0073%8h265.57−0.003%$4.0M$4.5M50xas long as short
Coinbase International BCH-PERP-INTX+0.0088%1h265.77+0.072%$225K$1.9M50xas long as short
Lighter BCH+0.0096%1h265.63+0.020%$354K$469K10xas long as short
Hyperliquid BCH+0.0100%1h265.82+0.091%$5.7M$4.7M10xas long as short
edgeX BCHUSDC+0.0100%4h265.76+0.070%$19K$345K20xas long as short
ApeX Omni BCHUSDTshort+0.0100%1h265.69+0.042%$95K$241K50x
SunX BCH-USDT+0.0100%8h265.34−0.090%$1K$1.7M30xas long as short
GMX BCH/USD [WBTC.b-USDC]L +0.0202% / S −0.0147%1h265.90+0.122%$12K100xas long as short