Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h −0.026%

Price spread now: dYdX against KuCoin+0.092%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and dYdX is 0.092% dearer against KuCoin than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BCHUSDTM	264.31	−0.0092	get 0.0092% / 8h	4h 43m	$8.5M	$7.1M	75x
Short	dYdX BCH-USD	264.55	0	get 0.0000% / 1h	43m 44s	$5K	$248	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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

Position, each leg$Hold fordaysFee KuCoinbpFee dYdXbpOrdersPrice spread, now +0.092%Rate

Funding earned: $19.32
Price spread: +0.092% → 0.000%: $9.17
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: $6.49
Costs to cover: 0.220%
Break-even: 4.6 days

Slippage unknown: KuCoin: live order book, 4 min ago; dYdX: no order-book sample. Net counts fees only.

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 KuCoin live order book, 4 min ago	1.52 bp	19.4 bp −$19	55.3 bp −$553	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
SunX BCH-USDT	−0.0746%	8h	263.64	−0.253%	$2K	$1.7M	30x	as long as short
HTX BCH-USDT	−0.0327%	8h	264.37	+0.023%	$771K	$1.4M	75x	as long as short
Phemex BCHUSDT	−0.0301%	8h	264.36	+0.019%	$4.9M	$6.4M	50x	as long as short
SoDEX BCH-USD	−0.0295%	1h	264.32	+0.004%	$2K	$8K	10x	as long as short
Nado BCH-PERP	−0.0218%	1h	264.30	−0.004%	$420K	$338K	10x	as long as short
GRVT BCH_USDT_Perp	−0.0122%	8h	263.49	−0.311%	$384K	$17K	10x	as long as short
ApeX Omni BCHUSDT	−0.0112%	1h	263.64	−0.253%	$96K	$228K	50x	as long as short
Binance BCHUSDT	−0.0104%	8h	264.36	+0.019%	$72.0M	$213.5M	75x	as long as short
Extended BCH-USD	−0.0104%	1h	264.14	−0.064%	$111K	$951K	25x	as long as short
MEXC BCH_USDT	−0.0104%	8h	264.66	+0.132%	$70.1M	$7.5M	200x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BCH-PERP-INTX	−0.0104%	1h	264.08	−0.087%	$219K	$1.8M	50x	as long as short
Gate BCH_USDT	−0.0093%	8h	264.43	+0.045%	$8.3M	$13.5M	75x	as long as short
KuCoin BCHUSDTMlong	−0.0092%	8h	264.31	long leg	$8.5M	$7.1M	75x
OKX BCH-USDT-SWAP	−0.0091%	8h	264.20	−0.042%	$24.9M	$74.2M	50x	as long as short
Variational Omni BCH	−0.0085%	8h	263.60	−0.268%	$81K	$201K	—	as long as short
Bitget BCHUSDT	−0.0077%	8h	264.22	−0.034%	$19.0M	$28.1M	75x	as long as short
BingX BCH-USDT	−0.0028%	8h	264.32	+0.004%	—	$32.1M	—	as long as short
Bybit BCHUSDT	−0.0022%	8h	264.35	+0.015%	$39.1M	$30.9M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	264.53	+0.084%	$15K	—	150x	as long as short
dYdX BCH-USDshort	0.0000%	1h	264.55	+0.092%	$5K	$248	10x
Kalshi KXBCHPERP	0.0000%	8h	264.60	+0.110%	$1.0M	$10.2M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	264.49	+0.069%	$443K	$331K	25x	as long as short
Kraken Futures PF_BCHUSD	+0.0011%	1h	264.55	+0.089%	$848K	$3.0M	50x	as long as short
BloFin BCH-USDT	+0.0014%	8h	263.69	−0.235%	$3.9M	$4.2M	50x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.228%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0035%	8h	264.40	+0.034%	$2K	$176	10x	as long as short
Pacifica BCH	+0.0077%	1h	264.36	+0.017%	$161K	$306K	10x	as long as short
Lighter BCH	+0.0096%	1h	264.35	+0.016%	$361K	$484K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	264.50	+0.072%	$5.7M	$4.6M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	264.41	+0.038%	$166K	$520K	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	263.39	−0.347%	$19K	$291K	20x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0356% / S −0.0525%	1h	264.54	+0.087%	$25K	—	100x	as long as short