Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0184%/8h= +20.1% APRpaid last 24h +0.008%

Price spread now: Pacifica against OKX+0.049%7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$390.393% of the position

Long on OKX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.026%−$3 on $10k

Price spread, last 4 days (all we have)+0.029%+$3 · spread now +0.049%, 7d avg +0.043%

Together, before fees+0.003%+ Points / potential airdropPacifica: Active · farm board$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.043%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.026% in total (about -1.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BCH-USDT-SWAP	264.60	−0.0084	get 0.0084% / 8h	1h 43m	$25.2M	$78.1M	50x
Short	Pacifica BCH	264.73	0.0100	get 0.0013% / 1h	43m 19s	$159K	$312K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against OKX. 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 OKXbpFee PacificabpOrdersPrice spread, now +0.049%Rate

Funding earned: $38.55
Price spread: +0.049% → +0.043%: $0.58
Slippage, 4 orders: −$21.33
Fee OKX: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$0.2
Costs to cover: 0.393%
Break-even: 7.0 days

Slippage from OKX: live order book, 6 min ago; Pacifica: live order book, 65 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 OKX live order book, 6 min ago	1.89 bp	9.4 bp −$9	16.3 bp −$163	72.2 bp −$7,218	doesn't fit
Sell Pacifica live order book, 65 min ago	2.27 bp	7.7 bp −$8	doesn't fit	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
SoDEX BCH-USD	−0.0447%	1h	264.74	+0.053%	$2K	$8K	10x	as long as short
HTX BCH-USDT	−0.0198%	8h	264.92	+0.121%	$775K	$1.4M	75x	as long as short
Phemex BCHUSDT	−0.0164%	8h	264.91	+0.117%	$5.0M	$6.7M	50x	as long as short
KuCoin BCHUSDTM	−0.0108%	8h	264.90	+0.113%	$8.5M	$6.7M	75x	as long as short
Kraken Futures PF_BCHUSD	−0.0103%	1h	264.91	+0.116%	$862K	$3.0M	50x	as long as short
Bitget BCHUSDT	−0.0092%	8h	264.83	+0.087%	$19.0M	$28.4M	75x	as long as short
OKX BCH-USDT-SWAPlong	−0.0084%	8h	264.60	long leg	$25.2M	$78.1M	50x
Variational Omni BCH	−0.0076%	8h	264.10	−0.188%	$81K	$196K	—	as long as short
Binance BCHUSDT	−0.0049%	8h	264.85	+0.095%	$73.0M	$221.3M	75x	as long as short
Extended BCH-USD	−0.0048%	1h	264.68	+0.032%	$112K	$1.1M	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BCH_USDT	−0.0048%	8h	265.09	+0.185%	$70.4M	$8.5M	200x	as long as short
Bybit BCHUSDT	−0.0046%	8h	264.63	+0.011%	$38.9M	$31.9M	75x	as long as short
BingX BCH-USDT	−0.0030%	8h	264.88	+0.106%	—	$32.9M	—	as long as short
GRVT BCH_USDT_Perp	−0.0023%	8h	264.47	−0.049%	$386K	$17K	10x	as long as short
Gate BCH_USDT	−0.0005%	8h	264.88	+0.106%	$8.4M	$13.8M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	265.05	+0.169%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	264.85	+0.095%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	264.88	+0.106%	$984K	$10.5M	2.7x	as long as short
Nado BCH-PERP	+0.0003%	1h	264.68	+0.031%	$435K	$356K	10x	as long as short
Coinbase International BCH-PERP-INTX	+0.0008%	1h	265.10	+0.189%	$224K	$1.9M	50x	as long as short
SunX BCH-USDT	+0.0022%	8h	264.78	+0.068%	$1K	$1.7M	30x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.116%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0046%	8h	264.77	+0.064%	$2K	$176	10x	as long as short
Aster BCHUSDT	+0.0052%	8h	264.71	+0.042%	$149K	$590K	75x	as long as short
ApeX Omni BCHUSDT	+0.0070%	1h	264.94	+0.128%	$95K	$237K	50x	as long as short
BloFin BCH-USDT	+0.0071%	8h	264.65	+0.019%	$4.0M	$4.5M	50x	as long as short
Lighter BCH	+0.0096%	1h	264.76	+0.060%	$353K	$495K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	264.99	+0.147%	$5.7M	$4.7M	10x	as long as short
Pacifica BCHshort	+0.0100%	1h	264.73	+0.049%	$159K	$312K	10x
edgeX BCHUSDC	+0.0100%	4h	264.46	−0.054%	$18K	$345K	20x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	265.09	+0.186%	$12K	—	100x	as long as short
Deribit BCH_USDC-PERPETUAL	+2.4752%	1h	271.65	+2.664%	$452K	$334K	25x	as long as short