Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.008%

Price spread now: MEXC against Extended+0.128%7-day average +0.241% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$250.246% of the position

Long on Extended Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.013%+$1 on $10k

Price spread, last 4 days (all we have)+0.059%+$6 · spread now +0.128%, 7d avg +0.241%

Together, before fees+0.072%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.113% cheaper against Extended than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.241%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended BCH-USD	271.68	−0.0064	get 0.0008% / 1h	43m 09s	$117K	$653K	25x
Short	MEXC BCH_USDT	272.03	−0.0068	pay 0.0068% / 8h	1h 43m	$71.8M	$6.3M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.128%Rate

Funding earned: −$0.84
Price spread: +0.128% → +0.241%: −$11.31
Slippage, 4 orders: −$15.64
Fee Extended: 2.5 bp × 2 orders: −$5
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$36.78
Costs to cover: 0.246%
Break-even: never at this rate

Slippage from Extended: live order book, 40 min ago; MEXC: live order book, 1 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, 40 min ago	0.93 bp	7.0 bp −$7	51.0 bp −$510	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	2.94 bp	5.6 bp −$6	20.5 bp −$205	56.9 bp −$5,690	113.2 bp −$56.6K

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	−0.0218%	8h	271.42	−0.097%	$4.9M	$6.3M	50x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0155%	1h	271.50	−0.067%	$460K	$265K	25x	as long as short
Injective BCH/USDC PERP	−0.0154%	1h	270.20	−0.546%	$721	$130K	12x	as long as short
Variational Omni BCH	−0.0073%	8h	270.32	−0.500%	$86K	$291K	—	as long as short
MEXC BCH_USDTshort	−0.0068%	8h	272.03	+0.128%	$71.8M	$6.3M	200x
Binance BCHUSDT	−0.0065%	8h	271.63	−0.020%	$75.6M	$232.2M	75x	as long as short
Extended BCH-USDlong	−0.0064%	1h	271.68	long leg	$117K	$653K	25x
SoDEX BCH-USD	−0.0049%	1h	271.45	−0.086%	$2K	$6K	10x	as long as short
Bitget BCHUSDT	−0.0013%	8h	271.76	+0.028%	$20.2M	$29.0M	75x	as long as short
Gate BCH_USDT	−0.0008%	8h	271.56	−0.045%	$8.4M	$14.7M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX BCH-USD	0.0000%	1h	271.63	−0.018%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	271.80	+0.043%	$1.1M	$11.6M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	271.55	−0.049%	$5K	—	150x	as long as short
Bybit BCHUSDT	+0.0002%	8h	271.62	−0.023%	$39.9M	$32.7M	75x	as long as short
GRVT BCH_USDT_Perp	+0.0007%	8h	270.52	−0.426%	$394K	$17K	10x	as long as short
Coinbase International BCH-PERP-INTX	+0.0016%	1h	271.57	−0.042%	$234K	$2.1M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0026%	8h	271.35	−0.123%	$2K	$176	10x	as long as short
BingX BCH-USDT	+0.0049%	8h	271.62	−0.023%	—	$30.5M	—	as long as short
BloFin BCH-USDT	+0.0055%	8h	271.59	−0.034%	$4.0M	$4.2M	50x	as long as short
OKX BCH-USDT-SWAP	+0.0060%	8h	271.80	+0.043%	$26.4M	$78.1M	50x	as long as short
Nado BCH-PERP	+0.0062%	1h	271.45	−0.084%	$445K	$427K	10x	as long as short
Lighter BCH	+0.0096%	1h	271.59	−0.034%	$381K	$583K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	271.91	+0.084%	$6.1M	$4.2M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	271.66	−0.008%	$221K	$700K	75x	as long as short
Pacifica BCH	+0.0100%	1h	271.53	−0.055%	$165K	$468K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	271.73	+0.017%	$9.0M	$7.9M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	270.49	−0.438%	$19K	$290K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	270.72	−0.355%	$73K	$214K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	271.38	−0.112%	$2K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	271.41	−0.101%	$790K	$1.7M	75x	as long as short
Kraken Futures PF_BCHUSD	+0.0112%	1h	271.75	+0.023%	$811K	$3.2M	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0342% / S −0.0467%	1h	271.57	−0.042%	$26K	—	100x	as long as short