Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.003%

Price spread now: SunX against Extended−0.090%7-day average +0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs−$95as in the Price arb table

costs, in and out, $10k−$830.833% of the position

Long on Extended Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.169%+$17 on $10k

Price spread, last 3 days (all we have)+0.066%+$7 · spread now −0.090%, 7d avg +0.023%

Together, before fees+0.235%+ Points / potential airdropExtended: Active · farm board+$23 on $10k · with fees, hour by hour

Funding pays, the price is against you. SunX is 0.113% cheaper against Extended than usual: you would sell low and buy high (spread −0.090% now, against its 7-day average of +0.023%). If the spread goes back, that is −$11 on $10k: about 41 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.169% in total) that is about 4.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended BCH-USD	267.33	−0.0120	get 0.0015% / 1h	43m 31s	$105K	$643K	25x
Short	SunX BCH-USDT	267.09	0.0100	get 0.0100% / 8h	2h 43m	$2K	$2.0M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.090%Rate

Funding earned: $46.2
Price spread: −0.090% → +0.023%: −$11.32
Slippage, 4 orders: −$70.27
Fee Extended: 2.5 bp × 2 orders: −$5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$48.38
Costs to cover: 0.833%
Break-even: 14.3 days

Slippage from Extended: live order book, 44 min ago; SunX: 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, 44 min ago	0.75 bp	6.9 bp −$7	84.3 bp −$843	doesn't fit	doesn't fit
Sell SunX live order book, 2 min ago	19.67 bp	29.1 bp −$29	doesn't fit	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
Deribit BCH_USDC-PERPETUAL	−0.0314%	1h	267.39	+0.021%	$437K	$248K	25x	as long as short
Injective BCH/USDC PERP	−0.0304%	1h	267.23	−0.037%	$713	$80K	12x	as long as short
Phemex BCHUSDT	−0.0197%	8h	267.26	−0.026%	$4.9M	$6.2M	50x	as long as short
SoDEX BCH-USD	−0.0167%	1h	267.20	−0.049%	$2K	$6K	10x	as long as short
Binance BCHUSDT	−0.0121%	8h	267.43	+0.037%	$73.8M	$229.0M	75x	as long as short
Extended BCH-USDlong	−0.0120%	1h	267.33	long leg	$105K	$643K	25x
MEXC BCH_USDT	−0.0120%	8h	268.06	+0.273%	$70.9M	$6.3M	200x	as long as short
Bybit BCHUSDT	−0.0091%	8h	267.34	+0.004%	$39.4M	$32.1M	75x	as long as short
Variational Omni BCH	−0.0082%	8h	267.05	−0.104%	$85K	$291K	—	as long as short
GRVT BCH_USDT_Perp	−0.0063%	8h	267.17	−0.062%	$389K	$17K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BCHUSDT	−0.0054%	8h	267.39	+0.022%	$20.0M	$28.7M	75x	as long as short
Gate BCH_USDT	−0.0039%	8h	267.42	+0.034%	$8.4M	$14.3M	75x	as long as short
Coinbase International BCH-PERP-INTX	−0.0024%	1h	266.89	−0.165%	$254K	$2.0M	50x	as long as short
BingX BCH-USDT	−0.0016%	8h	267.42	+0.034%	—	$32.1M	—	as long as short
OKX BCH-USDT-SWAP	−0.0013%	8h	267.40	+0.026%	$26.2M	$75.6M	50x	as long as short
BloFin BCH-USDT	−0.0001%	8h	267.16	−0.064%	$4.0M	$4.1M	50x	as long as short
dYdX BCH-USD	0.0000%	1h	267.56	+0.086%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	267.28	−0.019%	$1.1M	$11.4M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	267.42	+0.034%	$4K	—	150x	as long as short
Orderly PERP_BCH_USDC	+0.0029%	8h	267.23	−0.037%	$2K	$176	10x	as long as short
Nado BCH-PERP	+0.0060%	1h	267.35	+0.008%	$440K	$425K	10x	as long as short
Kraken Futures PF_BCHUSD	+0.0074%	1h	267.46	+0.048%	$802K	$3.2M	50x	as long as short
KuCoin BCHUSDTM	+0.0077%	8h	267.45	+0.045%	$8.8M	$8.0M	75x	as long as short
Lighter BCH	+0.0096%	1h	267.45	+0.046%	$375K	$580K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	267.80	+0.176%	$6.0M	$4.1M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	267.49	+0.059%	$234K	$674K	75x	as long as short
Pacifica BCH	+0.0100%	1h	267.51	+0.067%	$169K	$461K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	267.10	−0.086%	$19K	$290K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	267.18	−0.056%	$73K	$214K	50x	as long as short
SunX BCH-USDTshort	+0.0100%	8h	267.09	−0.090%	$2K	$2.0M	30x
HTX BCH-USDT	+0.0100%	8h	267.07	−0.097%	$768K	$1.6M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0365% / S −0.0554%	1h	267.42	+0.032%	$25K	—	100x	as long as short