Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0125%/8h= +13.7% APRpaid last 24h −0.017%

Price spread now: Injective against MEXC+1.801%7-day average −0.089% · you sell dearer than you buy

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

Long on MEXC Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.183%+$18 on $10k

Price spread, last 3 days (all we have)−3.213%−$321 · spread now +1.801%, 7d avg −0.089%

Together, before fees−3.030%−$303 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Injective is 1.890% dearer against MEXC than usual: you sell high and buy low: +$189 more if the spread goes back to its 7-day average of −0.089%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BCH_USDT	265.42	−0.0092	get 0.0092% / 8h	6h 29m	$70.0M	$7.0M	200x
Short	Injective BCH/USDC PERP	270.20	0.0033	get 0.0004% / 1h	29m 09s	$721	$130K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 MEXCbpFee InjectivebpOrdersPrice spread, now +1.801%Rate

Funding earned: $26.32
Price spread: +1.801% → −0.089%: $188.98
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $211.28
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: MEXC: live order book, 5 min ago; Injective: 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 MEXC live order book, 5 min ago	2.83 bp	5.4 bp −$5	17.6 bp −$176	47.8 bp −$4,785	96.2 bp −$48.1K
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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 31 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	−0.0699%	8h	265.30	−0.045%	$2K	$1.9M	30x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0575%	1h	265.10	−0.120%	$448K	$266K	25x	as long as short
SoDEX BCH-USD	−0.0504%	1h	264.85	−0.215%	$2K	$6K	10x	as long as short
Phemex BCHUSDT	−0.0435%	8h	265.03	−0.147%	$4.9M	$6.6M	50x	as long as short
Kraken Futures PF_BCHUSD	−0.0300%	1h	265.14	−0.106%	$850K	$3.2M	50x	as long as short
HTX BCH-USDT	−0.0248%	8h	264.70	−0.271%	$776K	$1.6M	75x	as long as short
GRVT BCH_USDT_Perp	−0.0189%	8h	264.31	−0.419%	$385K	$17K	10x	as long as short
ApeX Omni BCHUSDT	−0.0183%	1h	264.90	−0.196%	$96K	$227K	50x	as long as short
Variational Omni BCH	−0.0117%	8h	264.71	−0.268%	$81K	$253K	—	as long as short
Gate BCH_USDT	−0.0114%	8h	265.18	−0.090%	$8.4M	$13.5M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BCH-PERP-INTX	−0.0112%	1h	265.07	−0.132%	$231K	$2.1M	50x	as long as short
Extended BCH-USD	−0.0096%	1h	264.82	−0.227%	$112K	$965K	25x	as long as short
Binance BCHUSDT	−0.0092%	8h	265.04	−0.143%	$71.8M	$234.8M	75x	as long as short
MEXC BCH_USDTlong	−0.0092%	8h	265.42	long leg	$70.0M	$7.0M	200x
Bybit BCHUSDT	−0.0055%	8h	265.10	−0.121%	$39.1M	$33.4M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0044%	8h	265.00	−0.158%	$25.3M	$79.0M	50x	as long as short
Bitget BCHUSDT	−0.0039%	8h	264.98	−0.166%	$19.0M	$29.6M	75x	as long as short
BingX BCH-USDT	−0.0030%	8h	265.12	−0.113%	—	$32.3M	—	as long as short
Nado BCH-PERP	−0.0023%	1h	265.36	−0.024%	$421K	$429K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	265.68	+0.097%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	265.65	+0.087%	$1.1M	$11.1M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	265.25	−0.064%	$4K	—	150x	as long as short
Orderly PERP_BCH_USDC	+0.0032%	8h	265.01	−0.154%	$2K	$176	10x	as long as short
Injective BCH/USDC PERPshort	+0.0033%	1h	270.20	+1.801%	$721	$130K	12x
Pacifica BCH	+0.0040%	1h	265.49	+0.027%	$161K	$404K	10x	as long as short
KuCoin BCHUSDTM	+0.0041%	8h	265.16	−0.098%	$8.6M	$7.5M	75x	as long as short
Lighter BCH	+0.0096%	1h	264.97	−0.169%	$365K	$478K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.32	−0.036%	$5.7M	$5.1M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	265.00	−0.159%	$168K	$697K	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	264.73	−0.262%	$19K	$292K	20x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0333% / S −0.0451%	1h	265.31	−0.041%	$25K	—	100x	as long as short