Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.9% APRpaid last 24h +0.022%

Price spread now: OKX against Extended+0.006%7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

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

costs, in and out, $10k−$320.322% of the position

Long on Extended Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.063%+$6 on $10k

Price spread, last 4 days (all we have)+0.034%+$3 · spread now +0.006%, 7d avg +0.028%

Together, before fees+0.097%+ Points / potential airdropExtended: Active · farm board+$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.022% cheaper against Extended than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.028%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.063%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended BCH-USD	266.28	−0.0048	get 0.0006% / 1h	1m 56s	$113K	$912K	25x
Short	OKX BCH-USDT-SWAP	266.30	−0.0074	pay 0.0074% / 8h	1m 56s	$25.2M	$78.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.006%Rate

Funding earned: −$5.53
Price spread: +0.006% → +0.028%: −$2.19
Slippage, 4 orders: −$17.19
Fee Extended: 2.5 bp × 2 orders: −$5
Fee OKX: 5 bp × 2 orders: −$10
Net: −$39.9
Costs to cover: 0.322%
Break-even: never at this rate

Slippage from Extended: live order book, 26 min ago; OKX: 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, 26 min ago	1.13 bp	7.4 bp −$7	87.3 bp −$873	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	1.88 bp	6.9 bp −$7	17.0 bp −$170	81.8 bp −$8,182	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
SoDEX BCH-USD	−0.0289%	1h	266.50	+0.081%	$2K	$8K	10x	as long as short
Kraken Futures PF_BCHUSD	−0.0218%	1h	266.75	+0.176%	$867K	$2.8M	50x	as long as short
Phemex BCHUSDT	−0.0188%	8h	266.47	+0.070%	$4.9M	$6.5M	50x	as long as short
Variational Omni BCH	−0.0134%	8h	266.21	−0.026%	$82K	$196K	—	as long as short
Bybit BCHUSDT	−0.0115%	8h	266.33	+0.017%	$39.3M	$32.0M	75x	as long as short
Bitget BCHUSDT	−0.0078%	8h	266.40	+0.044%	$19.2M	$27.4M	75x	as long as short
KuCoin BCHUSDTM	−0.0077%	8h	266.50	+0.081%	$8.6M	$6.3M	75x	as long as short
OKX BCH-USDT-SWAPshort	−0.0074%	8h	266.30	+0.006%	$25.2M	$78.1M	50x
HTX BCH-USDT	−0.0071%	8h	266.60	+0.119%	$778K	$1.4M	75x	as long as short
Extended BCH-USDlong	−0.0048%	1h	266.28	long leg	$113K	$912K	25x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BCHUSDT	−0.0044%	8h	266.48	+0.074%	$73.9M	$216.3M	75x	as long as short
MEXC BCH_USDT	−0.0043%	8h	266.97	+0.258%	$71.7M	$9.2M	200x	as long as short
Gate BCH_USDT	−0.0036%	8h	266.52	+0.089%	$8.4M	$13.9M	75x	as long as short
BingX BCH-USDT	−0.0036%	8h	266.45	+0.062%	—	$15.4M	—	as long as short
GRVT BCH_USDT_Perp	−0.0036%	8h	267.31	+0.386%	$390K	$17K	10x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	266.65	+0.136%	$15K	—	150x	as long as short
Pacifica BCH	−0.0003%	1h	266.73	+0.168%	$160K	$293K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	266.87	+0.218%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	266.81	+0.198%	$1.0M	$9.8M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	266.68	+0.149%	$419K	$359K	25x	as long as short
Aster BCHUSDT	+0.0014%	8h	266.72	+0.163%	$141K	$572K	75x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.471%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0046%	8h	266.53	+0.093%	$2K	—	10x	as long as short
Nado BCH-PERP	+0.0073%	1h	266.66	+0.142%	$428K	$361K	10x	as long as short
BloFin BCH-USDT	+0.0076%	8h	266.86	+0.216%	$3.5M	$4.6M	50x	as long as short
Coinbase International BCH-PERP-INTX	+0.0088%	1h	266.59	+0.115%	$243K	$2.0M	50x	as long as short
Lighter BCH	+0.0096%	1h	266.57	+0.107%	$360K	$488K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	266.75	+0.175%	$5.8M	$4.7M	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	267.13	+0.317%	$19K	$345K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	267.33	+0.393%	$96K	$242K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	266.36	+0.029%	$2K	$1.6M	30x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0203% / S −0.0147%	1h	266.60	+0.118%	$12K	—	100x	as long as short