Settings8H · net · $10k
Funding arb · Price arb /

BCH

all BCH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0284%/8h= −31.1% APRnext payment $0.36 per $10,000 · paid last 24h −0.005%
Price spread now: ApeX Omni against Pacifica+0.523%51s7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$460.461% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.132%+$13 on $10k
Price spread, last 3 days (all we have)−0.458%−$46 · spread now +0.523%, 7d avg +0.036%
Together, before fees−0.327%+ Points / potential airdropPacifica: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.487% dearer against Pacifica than usual: you sell high and buy low (spread +0.523% now, against its 7-day average of +0.036%): +$49 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 5.7 days. Mind the row above: over the last 7 days funding on this pair paid +0.132%, so the current rate has only just turned against you. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.132% in total (about 6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.36 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica BCH267.750.0100pay 0.0013% / 1h18m 36s$163K$407K10x
ShortApeX Omni BCHUSDT269.15−0.0184pay 0.0023% / 1h18m 36s$73K$215K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Pacifica. 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

Funding earned
−$59.72
Price spread: +0.523% → +0.036%
$48.69
Slippage, 4 orders
−$28.09
Fee Pacifica: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$57.13
Costs to cover
0.461%
Break-even
from the start
Slippage from Pacifica: live order book, 55 min ago; ApeX Omni: live order book, 52 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 55 min ago2.63 bp10.9 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 52 min ago4.51 bp12.8 bp −$1374.7 bp −$747doesn't fitdoesn't fit

BCH on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit BCH_USDC-PERPETUAL−0.0732%1h268.65+0.337%$454K$266K25xas long as short
SoDEX BCH-USD−0.0567%1h268.25+0.187%$2K$6K10xas long as short
Phemex BCHUSDT−0.0518%8h268.20+0.168%$4.9M$6.5M50xas long as short
Gate BCH_USDT−0.0210%8h267.83+0.030%$8.4M$14.3M75xas long as short
ApeX Omni BCHUSDTshort−0.0184%1h269.15+0.523%$73K$215K50x
GRVT BCH_USDT_Perp−0.0179%8h269.07+0.494%$392K$17K10xas long as short
Variational Omni BCH−0.0129%8h269.11+0.506%$82K$285Kas long as short
Bybit BCHUSDT−0.0093%8h267.90+0.056%$39.6M$32.5M75xas long as short
Binance BCHUSDT−0.0068%8h267.89+0.052%$72.6M$229.4M75xas long as short
MEXC BCH_USDT−0.0065%8h268.13+0.142%$70.3M$6.7M200xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BCH-USD−0.0064%1h267.68−0.024%$116K$961K25xas long as short
Coinbase International BCH-PERP-INTX−0.0056%1h269.19+0.538%$231K$2.0M50xas long as short
Kraken Futures PF_BCHUSD−0.0049%1h268.54+0.294%$855K$3.1M50xas long as short
Bitget BCHUSDT−0.0023%8h267.92+0.063%$19.2M$29.1M75xas long as short
gTrade (Gains Network) BCH/USDL −0.0003% / S +0.0007%1h268.97+0.456%$7K150xas long as short
dYdX BCH-USD0.0000%1h267.78+0.011%$5K$24810xas long as short
Kalshi KXBCHPERP0.0000%8h268.97+0.456%$1.1M$10.8M2.7xas long as short
OKX BCH-USDT-SWAP+0.0007%8h267.90+0.056%$26.0M$76.0M50xas long as short
BingX BCH-USDT+0.0013%8h267.64−0.041%$32.3Mas long as short
Nado BCH-PERP+0.0021%1h267.91+0.061%$438K$419K10xas long as short
HTX BCH-USDT+0.0028%8h268.05+0.112%$779K$1.6M75xas long as short
Orderly PERP_BCH_USDC+0.0029%8h268.57+0.306%$2K$17610xas long as short
Injective BCH/USDC PERP+0.0033%1h270.20+0.915%$721$130K12xas long as short
BloFin BCH-USDT+0.0054%8h267.94+0.071%$3.9M$4.2M50xas long as short
Lighter BCH+0.0096%1h267.85+0.037%$369K$530K10xas long as short
Hyperliquid BCH+0.0100%1h268.42+0.250%$6.6M$4.6M10xas long as short
Aster BCHUSDT+0.0100%8h267.96+0.078%$177K$658K75xas long as short
Pacifica BCHlong+0.0100%1h267.75long leg$163K$407K10x
KuCoin BCHUSDTM+0.0100%8h267.78+0.011%$8.7M$7.7M75xas long as short
edgeX BCHUSDC+0.0100%4h269.14+0.520%$19K$291K20xas long as short
SunX BCH-USDT+0.0100%8h268.44+0.258%$2K$1.9M30xas long as short
GMX BCH/USD [WBTC.b-USDC]L +0.0334% / S −0.0451%1h268.90+0.431%$25K100xas long as short