Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.019%

Price spread now: ApeX Omni against Nado+0.238%7-day average +0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$410.408% of the position

Long on Nado Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.085%+$9 on $10k

Price spread, last 3 days (all we have)−0.262%−$26 · spread now +0.238%, 7d avg +0.070%

Together, before fees−0.177%+ Points / potential airdropNado: Active · farm board−$18 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.167% dearer against Nado than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.070%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado BCH-PERP	271.25	0.0100	pay 0.0012% / 1h	34m 45s	$446K	$427K	10x
Short	ApeX Omni BCHUSDT	271.90	0.0100	get 0.0013% / 1h	34m 45s	$74K	$214K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Nado. 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 NadobpFee ApeX OmnibpOrdersPrice spread, now +0.238%Rate

Funding earned: $0
Price spread: +0.238% → +0.070%: $16.74
Slippage, 4 orders: −$23.78
Fee Nado: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$24.04
Costs to cover: 0.408%
Break-even: 2469626831831362.5 days

Slippage from Nado: live order book, 48 min ago; ApeX Omni: live order book, 46 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 Nado live order book, 48 min ago	0.19 bp	7.0 bp −$7	22.5 bp −$225	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 46 min ago	4.28 bp	12.7 bp −$13	96.0 bp −$960	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	−0.0805%	1h	271.62	+0.135%	$460K	$265K	25x	as long as short
Phemex BCHUSDT	−0.0204%	8h	271.53	+0.101%	$5.0M	$6.3M	50x	as long as short
Injective BCH/USDC PERP	−0.0154%	1h	270.20	−0.389%	$721	$130K	12x	as long as short
SoDEX BCH-USD	−0.0100%	1h	271.29	+0.013%	$2K	$6K	10x	as long as short
Variational Omni BCH	−0.0082%	8h	271.12	−0.050%	$86K	$291K	—	as long as short
Extended BCH-USD	−0.0064%	1h	271.02	−0.088%	$117K	$653K	25x	as long as short
MEXC BCH_USDT	−0.0060%	8h	271.87	+0.227%	$71.4M	$6.4M	200x	as long as short
Binance BCHUSDT	−0.0059%	8h	271.30	+0.017%	$75.5M	$232.9M	75x	as long as short
Bybit BCHUSDT	−0.0021%	8h	271.17	−0.031%	$39.7M	$32.8M	75x	as long as short
Gate BCH_USDT	−0.0013%	8h	271.26	+0.002%	$8.4M	$14.7M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BCHUSDT	−0.0005%	8h	271.23	−0.009%	$20.1M	$29.1M	75x	as long as short
dYdX BCH-USD	0.0000%	1h	271.47	+0.079%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	271.88	+0.230%	$1.2M	$11.7M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	271.66	+0.148%	$5K	—	150x	as long as short
GRVT BCH_USDT_Perp	+0.0014%	8h	271.46	+0.075%	$396K	$17K	10x	as long as short
Coinbase International BCH-PERP-INTX	+0.0016%	1h	271.59	+0.124%	$234K	$2.1M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0026%	8h	271.47	+0.079%	$2K	$176	10x	as long as short
BloFin BCH-USDT	+0.0059%	8h	271.39	+0.050%	$4.0M	$4.2M	50x	as long as short
BingX BCH-USDT	+0.0063%	8h	271.28	+0.009%	—	$30.5M	—	as long as short
OKX BCH-USDT-SWAP	+0.0068%	8h	271.30	+0.017%	$26.2M	$78.4M	50x	as long as short
Lighter BCH	+0.0096%	1h	271.34	+0.032%	$379K	$584K	10x	as long as short
Nado BCH-PERPlong	+0.0100%	1h	271.25	long leg	$446K	$427K	10x
Hyperliquid BCH	+0.0100%	1h	271.48	+0.083%	$6.1M	$4.2M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	271.40	+0.052%	$221K	$700K	75x	as long as short
Pacifica BCH	+0.0100%	1h	271.26	+0.003%	$165K	$468K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	271.40	+0.053%	$9.2M	$8.0M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	271.59	+0.122%	$19K	$289K	20x	as long as short
ApeX Omni BCHUSDTshort	+0.0100%	1h	271.90	+0.238%	$74K	$214K	50x
SunX BCH-USDT	+0.0100%	8h	271.21	−0.017%	$2K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	271.34	+0.031%	$785K	$1.7M	75x	as long as short
Kraken Futures PF_BCHUSD	+0.0112%	1h	271.52	+0.099%	$810K	$3.2M	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0343% / S −0.0467%	1h	271.93	+0.247%	$26K	—	100x	as long as short