Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0111%/8h= +12.2% APRpaid last 24h +0.057%

Price spread now: Bitget against SoDEX−0.026%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Bitget is 0.026% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 19 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX BCH-USD	267.25	−0.0168	get 0.0021% / 1h	47m 52s	$2K	$6K	10x
Short	Bitget BCHUSDT	267.18	−0.0057	pay 0.0057% / 8h	2h 47m	$20.0M	$28.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against SoDEX. 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 SoDEXbpFee BitgetbpOrdersPrice spread, now −0.026%Rate

Funding earned: $23.31
Price spread: −0.026% → 0.000%: −$2.62
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: $0.69
Costs to cover: 0.200%
Break-even: 6.8 days

Slippage unknown: SoDEX: no order-book sample; Bitget: live order book, 1 min ago. 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 SoDEX no order-book sample	—	—	—	—	—
Sell Bitget live order book, 1 min ago	0.19 bp	10.5 bp −$10	16.2 bp −$162	doesn't fit	doesn't fit

SoDEX: 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 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
Injective BCH/USDC PERP	−0.0304%	1h	267.23	−0.007%	$713	$80K	12x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0244%	1h	267.29	+0.016%	$437K	$251K	25x	as long as short
Phemex BCHUSDT	−0.0197%	8h	267.14	−0.041%	$4.9M	$6.3M	50x	as long as short
SoDEX BCH-USDlong	−0.0168%	1h	267.25	long leg	$2K	$6K	10x
Binance BCHUSDT	−0.0121%	8h	267.16	−0.032%	$73.8M	$231.5M	75x	as long as short
Extended BCH-USD	−0.0120%	1h	267.11	−0.051%	$105K	$643K	25x	as long as short
MEXC BCH_USDT	−0.0120%	8h	267.75	+0.187%	$70.9M	$6.3M	200x	as long as short
Bybit BCHUSDT	−0.0104%	8h	267.08	−0.064%	$39.4M	$32.1M	75x	as long as short
Variational Omni BCH	−0.0082%	8h	266.75	−0.187%	$85K	$291K	—	as long as short
GRVT BCH_USDT_Perp	−0.0069%	8h	266.85	−0.150%	$389K	$17K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BCHUSDTshort	−0.0057%	8h	267.18	−0.026%	$20.0M	$28.8M	75x
Gate BCH_USDT	−0.0037%	8h	267.21	−0.015%	$8.4M	$14.3M	75x	as long as short
Coinbase International BCH-PERP-INTX	−0.0024%	1h	266.89	−0.135%	$254K	$2.0M	50x	as long as short
BingX BCH-USDT	−0.0018%	8h	267.18	−0.026%	—	$32.2M	—	as long as short
OKX BCH-USDT-SWAP	−0.0018%	8h	267.20	−0.019%	$26.2M	$75.6M	50x	as long as short
BloFin BCH-USDT	−0.0001%	8h	266.79	−0.172%	$4.0M	$4.1M	50x	as long as short
dYdX BCH-USD	0.0000%	1h	267.28	+0.010%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	267.47	+0.082%	$1.1M	$11.7M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	267.29	+0.016%	$4K	—	150x	as long as short
Orderly PERP_BCH_USDC	+0.0029%	8h	267.13	−0.045%	$2K	$176	10x	as long as short
Nado BCH-PERP	+0.0062%	1h	267.02	−0.084%	$440K	$428K	10x	as long as short
Kraken Futures PF_BCHUSD	+0.0074%	1h	267.48	+0.086%	$805K	$3.2M	50x	as long as short
KuCoin BCHUSDTM	+0.0075%	8h	267.23	−0.007%	$8.8M	$8.1M	75x	as long as short
Lighter BCH	+0.0096%	1h	267.34	+0.033%	$375K	$580K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	267.49	+0.090%	$6.0M	$4.1M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	267.28	+0.009%	$234K	$674K	75x	as long as short
Pacifica BCH	+0.0100%	1h	267.09	−0.060%	$169K	$461K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	266.90	−0.133%	$19K	$288K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	266.97	−0.105%	$73K	$214K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	266.92	−0.123%	$2K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	267.02	−0.086%	$768K	$1.6M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0365% / S −0.0554%	1h	267.25	0.000%	$25K	—	100x	as long as short