Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0107%/8h= −11.7% APRpaid last 24h +0.023%

Price spread now: MEXC against Nado+0.159%7-day average +0.205% · 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−$31as in the Price arb table

costs, in and out, $10k−$270.266% of the position

Long on Nado Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.027%+$3 on $10k

Price spread, last 4 days (all we have)−0.722%−$72 · spread now +0.159%, 7d avg +0.205%

Together, before fees−0.695%+ Points / potential airdropNado: Active · farm board−$70 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.046% cheaper against Nado than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.205%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado BCH-PERP	265.64	0.0060	pay 0.0008% / 1h	41m 02s	$437K	$359K	10x
Short	MEXC BCH_USDT	266.06	−0.0047	pay 0.0047% / 8h	41m 02s	$71.0M	$8.7M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.159%Rate

Funding earned: −$22.53
Price spread: +0.159% → +0.205%: −$4.57
Slippage, 4 orders: −$15.62
Fee Nado: 3.5 bp × 2 orders: −$7
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$53.72
Costs to cover: 0.266%
Break-even: never at this rate

Slippage from Nado: live order book, 62 min ago; MEXC: live order book, 3 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, 62 min ago	0.76 bp	7.8 bp −$8	21.0 bp −$210	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	2.44 bp	5.1 bp −$5	14.8 bp −$148	51.3 bp −$5,131	103.2 bp −$51.6K

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
SoDEX BCH-USD	−0.0279%	1h	265.77	+0.050%	$2K	$8K	10x	as long as short
Kraken Futures PF_BCHUSD	−0.0219%	1h	266.04	+0.151%	$864K	$2.8M	50x	as long as short
Phemex BCHUSDT	−0.0173%	8h	265.76	+0.046%	$4.9M	$6.6M	50x	as long as short
HTX BCH-USDT	−0.0117%	8h	265.63	−0.003%	$777K	$1.4M	75x	as long as short
Variational Omni BCH	−0.0107%	8h	265.50	−0.052%	$81K	$196K	—	as long as short
Bybit BCHUSDT	−0.0088%	8h	265.70	+0.024%	$39.1M	$31.2M	75x	as long as short
KuCoin BCHUSDTM	−0.0086%	8h	265.89	+0.095%	$8.5M	$6.5M	75x	as long as short
Bitget BCHUSDT	−0.0070%	8h	265.61	−0.010%	$19.3M	$27.4M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0063%	8h	265.50	−0.052%	$25.3M	$77.2M	50x	as long as short
Extended BCH-USD	−0.0048%	1h	265.68	+0.015%	$111K	$909K	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BCHUSDT	−0.0048%	8h	265.75	+0.041%	$73.3M	$215.9M	75x	as long as short
MEXC BCH_USDTshort	−0.0047%	8h	266.06	+0.159%	$71.0M	$8.7M	200x
BingX BCH-USDT	−0.0038%	8h	265.79	+0.057%	—	$15.4M	—	as long as short
GRVT BCH_USDT_Perp	−0.0034%	8h	265.36	−0.105%	$387K	$17K	10x	as long as short
Gate BCH_USDT	−0.0015%	8h	265.76	+0.046%	$8.4M	$13.5M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	265.93	+0.111%	$15K	—	150x	as long as short
Pacifica BCH	−0.0003%	1h	265.69	+0.022%	$159K	$310K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	265.95	+0.116%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	266.07	+0.163%	$1.0M	$10.2M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	265.99	+0.132%	$429K	$351K	25x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.718%	$721	$130K	12x	as long as short
Aster BCHUSDT	+0.0035%	8h	265.99	+0.134%	$137K	$593K	75x	as long as short
Orderly PERP_BCH_USDC	+0.0045%	8h	265.84	+0.076%	$2K	$176	10x	as long as short
Nado BCH-PERPlong	+0.0060%	1h	265.64	long leg	$437K	$359K	10x
BloFin BCH-USDT	+0.0072%	8h	265.86	+0.084%	$4.0M	$4.5M	50x	as long as short
Coinbase International BCH-PERP-INTX	+0.0088%	1h	266.34	+0.264%	$251K	$1.9M	50x	as long as short
Lighter BCH	+0.0096%	1h	265.86	+0.085%	$354K	$469K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.97	+0.125%	$5.7M	$4.7M	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	265.57	−0.024%	$19K	$343K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	265.53	−0.040%	$95K	$241K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	265.56	−0.029%	$1K	$1.6M	30x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	265.96	+0.122%	$12K	—	100x	as long as short