Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0172%/8h= +18.8% APRpaid last 24h +0.013%

Price spread now: KuCoin against Extended+0.023%7-day average +0.077% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$450.453% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.137%+$14 on $10k

Price spread, last 4 days (all we have)+0.074%+$7 · spread now +0.023%, 7d avg +0.077%

Together, before fees+0.211%+ Points / potential airdropExtended: Active · farm board+$21 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.054% cheaper against Extended than usual: you would sell low and buy high (spread +0.023% now, against its 7-day average of +0.077%). If the spread goes back, that is −$5 on $10k: about 25 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.137% in total) that is about 2.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended BCH-USD	269.49	−0.0072	get 0.0009% / 1h	10m 43s	$117K	$961K	25x
Short	KuCoin BCHUSDTM	269.55	0.0100	get 0.0100% / 8h	7h 10m	$8.8M	$7.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee ExtendedbpFee KuCoinbpOrdersPrice spread, now +0.023%Rate

Funding earned: $36.12
Price spread: +0.023% → +0.077%: −$5.42
Slippage, 4 orders: −$28.31
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$14.61
Costs to cover: 0.453%
Break-even: 9.8 days

Slippage from Extended: live order book, 12 min ago; KuCoin: live order book, 2 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 Extended live order book, 12 min ago	0.74 bp	6.8 bp −$7	106.3 bp −$1,063	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	2.41 bp	17.2 bp −$17	46.9 bp −$469	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
Phemex BCHUSDT	−0.0620%	8h	269.23	−0.096%	$5.0M	$6.5M	50x	as long as short
SoDEX BCH-USD	−0.0543%	1h	269.20	−0.107%	$2K	$6K	10x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0495%	1h	269.42	−0.024%	$455K	$266K	25x	as long as short
ApeX Omni BCHUSDT	−0.0214%	1h	269.80	+0.115%	$73K	$215K	50x	as long as short
Gate BCH_USDT	−0.0174%	8h	269.67	+0.067%	$8.5M	$14.3M	75x	as long as short
GRVT BCH_USDT_Perp	−0.0169%	8h	269.62	+0.048%	$393K	$17K	10x	as long as short
Variational Omni BCH	−0.0126%	8h	269.21	−0.105%	$83K	$285K	—	as long as short
Extended BCH-USDlong	−0.0072%	1h	269.49	long leg	$117K	$961K	25x
Binance BCHUSDT	−0.0071%	8h	269.67	+0.067%	$73.0M	$229.6M	75x	as long as short
MEXC BCH_USDT	−0.0069%	8h	270.00	+0.189%	$70.8M	$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
Coinbase International BCH-PERP-INTX	−0.0056%	1h	269.44	−0.018%	$231K	$2.0M	50x	as long as short
Kraken Futures PF_BCHUSD	−0.0049%	1h	269.56	+0.027%	$858K	$3.1M	50x	as long as short
Bybit BCHUSDT	−0.0048%	8h	269.70	+0.078%	$39.8M	$32.6M	75x	as long as short
Bitget BCHUSDT	−0.0024%	8h	269.62	+0.048%	$19.4M	$29.2M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0003% / S +0.0007%	1h	269.64	+0.057%	$7K	—	150x	as long as short
OKX BCH-USDT-SWAP	−0.0001%	8h	269.50	+0.004%	$26.2M	$76.4M	50x	as long as short
dYdX BCH-USD	0.0000%	1h	269.73	+0.088%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	269.79	+0.112%	$1.1M	$10.9M	2.7x	as long as short
BingX BCH-USDC	+0.0005%	8h	269.61	+0.045%	—	$6.5M	—	as long as short
Orderly PERP_BCH_USDC	+0.0029%	8h	269.31	−0.067%	$2K	$176	10x	as long as short
Nado BCH-PERP	+0.0031%	1h	269.45	−0.015%	$437K	$419K	10x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+0.264%	$721	$130K	12x	as long as short
BloFin BCH-USDT	+0.0050%	8h	269.22	−0.100%	$3.9M	$4.3M	50x	as long as short
Lighter BCH	+0.0096%	1h	269.74	+0.091%	$371K	$530K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	269.99	+0.186%	$6.6M	$4.6M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	269.41	−0.030%	$177K	$658K	75x	as long as short
Pacifica BCH	+0.0100%	1h	269.72	+0.086%	$164K	$407K	10x	as long as short
KuCoin BCHUSDTMshort	+0.0100%	8h	269.55	+0.023%	$8.8M	$7.6M	75x
edgeX BCHUSDC	+0.0100%	4h	269.52	+0.013%	$19K	$292K	20x	as long as short
SunX BCH-USDT	+0.0100%	8h	269.22	−0.100%	$2K	$1.9M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	269.28	−0.078%	$782K	$1.6M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0335% / S −0.0451%	1h	269.54	+0.019%	$25K	—	100x	as long as short