Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0098%/8h= +10.7% APRpaid last 24h +0.035%

Price spread now: MEXC against Kraken Futures+0.163%7-day average +0.141% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$420.416% of the position

Long on Kraken Futures Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.076%+$8 on $10k

Price spread, last 3 days (all we have)−0.092%−$9 · spread now +0.163%, 7d avg +0.141%

Together, before fees−0.016%−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.023% dearer against Kraken Futures than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.141%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_BCHUSD	271.02	−0.0124	get 0.0015% / 1h	49m 36s	$821K	$3.2M	50x
Short	MEXC BCH_USDT	271.46	−0.0026	pay 0.0026% / 8h	49m 36s	$71.1M	$6.6M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Kraken Futures. 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 Kraken FuturesbpFee MEXCbpOrdersPrice spread, now +0.163%Rate

Funding earned: $20.55
Price spread: +0.163% → +0.141%: $2.27
Slippage, 4 orders: −$27.6
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$18.77
Costs to cover: 0.416%
Break-even: 13.4 days

Slippage from Kraken Futures: live order book, 4 min ago; MEXC: live order book, 4 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 Kraken Futures live order book, 4 min ago	5.89 bp	17.5 bp −$17	25.5 bp −$255	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	2.94 bp	5.4 bp −$5	15.7 bp −$157	47.9 bp −$4,794	93.1 bp −$46.5K

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	−0.0565%	1h	270.87	−0.055%	$458K	$266K	25x	as long as short
Phemex BCHUSDT	−0.0190%	8h	270.75	−0.099%	$4.9M	$6.5M	50x	as long as short
Variational Omni BCH	−0.0136%	8h	270.92	−0.037%	$83K	$294K	—	as long as short
Kraken Futures PF_BCHUSDlong	−0.0124%	1h	271.02	long leg	$821K	$3.2M	50x
SoDEX BCH-USD	−0.0087%	1h	270.69	−0.121%	$2K	$6K	10x	as long as short
Bybit BCHUSDT	−0.0077%	8h	270.80	−0.080%	$39.6M	$33.2M	75x	as long as short
Injective BCH/USDC PERP	−0.0054%	1h	270.20	−0.302%	$721	$130K	12x	as long as short
Coinbase International BCH-PERP-INTX	−0.0032%	1h	271.38	+0.134%	$241K	$2.1M	50x	as long as short
Binance BCHUSDT	−0.0027%	8h	270.98	−0.014%	$75.6M	$235.0M	75x	as long as short
MEXC BCH_USDTshort	−0.0026%	8h	271.46	+0.163%	$71.1M	$6.6M	200x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BCH-USD	−0.0024%	1h	270.73	−0.106%	$117K	$653K	25x	as long as short
dYdX BCH-USD	0.0000%	1h	270.96	−0.023%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	271.19	+0.064%	$1.3M	$11.8M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	271.05	+0.012%	$5K	—	150x	as long as short
Gate BCH_USDT	+0.0012%	8h	270.82	−0.073%	$8.4M	$14.4M	75x	as long as short
Orderly PERP_BCH_USDC	+0.0024%	8h	270.84	−0.065%	$2K	$176	10x	as long as short
GRVT BCH_USDT_Perp	+0.0030%	8h	271.04	+0.008%	$395K	$17K	10x	as long as short
Bitget BCHUSDT	+0.0036%	8h	270.88	−0.051%	$19.6M	$29.6M	75x	as long as short
ApeX Omni BCHUSDT	+0.0037%	1h	271.46	+0.163%	$74K	$214K	50x	as long as short
OKX BCH-USDT-SWAP	+0.0057%	8h	270.80	−0.080%	$26.6M	$79.3M	50x	as long as short
BingX BCH-USDC	+0.0059%	8h	270.86	−0.058%	—	$6.5M	—	as long as short
BloFin BCH-USDT	+0.0094%	8h	270.87	−0.054%	$4.0M	$4.2M	50x	as long as short
Lighter BCH	+0.0096%	1h	270.97	−0.018%	$375K	$554K	10x	as long as short
Nado BCH-PERP	+0.0100%	1h	270.95	−0.023%	$442K	$430K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	271.29	+0.101%	$6.1M	$4.2M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	271.09	+0.025%	$217K	$705K	75x	as long as short
Pacifica BCH	+0.0100%	1h	270.99	−0.010%	$165K	$467K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	271.04	+0.008%	$9.3M	$7.9M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	270.96	−0.021%	$19K	$290K	20x	as long as short
SunX BCH-USDT	+0.0100%	8h	270.71	−0.113%	$2K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	270.65	−0.136%	$778K	$1.7M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0335% / S −0.0340%	1h	271.03	+0.004%	$27K	—	100x	as long as short