Settings8H · net · $10k
Funding arb · Price arb /

BCH

all BCH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h −0.020%
Price spread now: Bybit against KuCoin+0.004%7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$560.564% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.090%−$9 on $10k
Price spread, last 7 days−0.057%−$6 · spread now +0.004%, 7d avg −0.054%
Together, before fees−0.147%−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.058% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.054%. Mind the row above: over the last 7 days funding on this pair cost −0.090%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BCHUSDTM264.29−0.0080get 0.0080% / 8h4h 52m$8.5M$7.1M75x
ShortBybit BCHUSDT264.30−0.0030pay 0.0030% / 8h4h 52m$39.1M$30.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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

Funding earned
$10.46
Price spread: +0.004% → −0.054%
$5.81
Slippage, 4 orders
−$33.44
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$40.17
Costs to cover
0.564%
Break-even
33.9 days
Slippage from KuCoin: live order book, 1 min ago; Bybit: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 1 min ago2.45 bp18.2 bp −$1854.0 bp −$540doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago1.89 bp10.1 bp −$1018.7 bp −$18764.9 bp −$6,493doesn't fit

BCH on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BCH-USDT−0.0838%8h264.12−0.064%$1K$1.7M30xas long as short
ApeX Omni BCHUSDT−0.0625%1h264.10−0.072%$96K$228K50xas long as short
SoDEX BCH-USD−0.0406%1h264.08−0.079%$2K$8K10xas long as short
HTX BCH-USDT−0.0344%8h264.30+0.004%$771K$1.4M75xas long as short
Phemex BCHUSDT−0.0336%8h264.24−0.019%$4.9M$6.3M50xas long as short
Nado BCH-PERP−0.0199%1h264.36+0.027%$420K$338K10xas long as short
Deribit BCH_USDC-PERPETUAL−0.0162%1h264.30+0.004%$442K$331K25xas long as short
GRVT BCH_USDT_Perp−0.0122%8h264.00−0.110%$385K$17K10xas long as short
Binance BCHUSDT−0.0104%8h264.25−0.015%$72.0M$213.5M75xas long as short
Extended BCH-USD−0.0104%1h264.08−0.080%$112K$952K25xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BCH-PERP-INTX−0.0104%1h265.07+0.295%$221K$1.8M50xas long as short
MEXC BCH_USDT−0.0103%8h264.73+0.166%$70.0M$7.3M200xas long as short
Gate BCH_USDT−0.0095%8h264.40+0.042%$8.3M$13.3M75xas long as short
Variational Omni BCH−0.0092%8h265.11+0.309%$81K$201Kas long as short
OKX BCH-USDT-SWAP−0.0085%8h264.20−0.034%$24.9M$74.0M50xas long as short
KuCoin BCHUSDTMlong−0.0080%8h264.29long leg$8.5M$7.1M75x
Bitget BCHUSDT−0.0073%8h264.13−0.061%$19.0M$28.1M75xas long as short
BingX BCH-USDC−0.0039%8h264.61+0.121%$6.5Mas long as short
Bybit BCHUSDTshort−0.0030%8h264.30+0.004%$39.1M$30.9M75x
gTrade (Gains Network) BCH/USDL −0.0004% / S +0.0007%1h264.47+0.068%$15K150xas long as short
dYdX BCH-USD0.0000%1h264.87+0.220%$5K$24810xas long as short
Kalshi KXBCHPERP0.0000%8h264.76+0.178%$1.1M$10.2M2.7xas long as short
Kraken Futures PF_BCHUSD+0.0011%1h264.30+0.005%$847K$3.0M50xas long as short
BloFin BCH-USDT+0.0016%8h264.84+0.208%$4.0M$4.2M50xas long as short
Injective BCH/USDC PERP+0.0033%1h270.20+2.236%$721$130K12xas long as short
Orderly PERP_BCH_USDC+0.0035%8h264.26−0.011%$2K$17610xas long as short
Pacifica BCH+0.0077%1h264.60+0.119%$161K$321K10xas long as short
Lighter BCH+0.0096%1h264.16−0.049%$361K$482K10xas long as short
Hyperliquid BCH+0.0100%1h264.61+0.121%$5.7M$4.6M10xas long as short
Aster BCHUSDT+0.0100%8h264.48+0.072%$167K$519K75xas long as short
edgeX BCHUSDC+0.0100%4h264.77+0.183%$19K$290K20xas long as short
GMX BCH/USD [WBTC.b-USDC]L +0.0356% / S −0.0525%1h264.45+0.060%$25K100xas long as short