Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0444%/8h= +48.6% APRpaid last 24h +0.087%

Price spread now: SunX against SoDEX−0.124%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 SunX

What this pair did over the last

the charts below follow

Funding, last 4 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. SunX is 0.124% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.124% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 22 hours of funding at the current rate (+$13 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX BCH-USD	267.20	−0.0344	get 0.0043% / 1h	54m 56s	$2K	$8K	10x
Short	SunX BCH-USDT	266.87	0.0100	get 0.0100% / 8h	7h 54m	$1K	$1.6M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.124%Rate

Funding earned: $93.29
Price spread: −0.124% → 0.000%: −$12.35
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: $64.94
Costs to cover: 0.160%
Break-even: 2.1 days

Slippage unknown: SoDEX: no order-book sample; SunX: live order book, 10 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 SunX live order book, 10 min ago	19.64 bp	29.1 bp −$29	doesn't fit	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
GRVT BCH_USDT_Perp	−0.0470%	8h	266.55	−0.245%	$389K	$17K	10x	as long as short
SoDEX BCH-USDlong	−0.0344%	1h	267.20	long leg	$2K	$8K	10x
Kraken Futures PF_BCHUSD	−0.0158%	1h	267.47	+0.103%	$869K	$2.7M	50x	as long as short
Variational Omni BCH	−0.0135%	8h	267.21	+0.002%	$145K	$259K	—	as long as short
Phemex BCHUSDT	−0.0124%	8h	267.25	+0.019%	$5.0M	$6.5M	50x	as long as short
Bybit BCHUSDT	−0.0087%	8h	267.30	+0.037%	$39.5M	$32.1M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0078%	8h	267.30	+0.037%	$25.3M	$78.4M	50x	as long as short
Bitget BCHUSDT	−0.0075%	8h	267.51	+0.116%	$19.3M	$27.1M	75x	as long as short
KuCoin BCHUSDTM	−0.0074%	8h	267.49	+0.109%	$8.6M	$6.3M	75x	as long as short
Binance BCHUSDT	−0.0044%	8h	267.49	+0.109%	$74.1M	$215.6M	75x	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	−0.0043%	8h	268.11	+0.341%	$72.1M	$9.1M	200x	as long as short
Extended BCH-USD	−0.0040%	1h	267.37	+0.065%	$119K	$917K	25x	as long as short
BingX BCH-USDT	−0.0036%	8h	267.47	+0.101%	—	$15.4M	—	as long as short
Gate BCH_USDT	−0.0008%	8h	267.48	+0.105%	$8.4M	$12.8M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	267.36	+0.060%	$15K	—	150x	as long as short
Pacifica BCH	−0.0002%	1h	267.16	−0.015%	$155K	$299K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	267.32	+0.044%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	267.53	+0.124%	$1.0M	$9.9M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	267.30	+0.038%	$420K	$359K	25x	as long as short
Aster BCHUSDT	+0.0014%	8h	267.47	+0.100%	$141K	$566K	75x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.123%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0045%	8h	267.10	−0.037%	$2K	—	10x	as long as short
Nado BCH-PERP	+0.0058%	1h	267.23	+0.011%	$429K	$361K	10x	as long as short
BloFin BCH-USDT	+0.0076%	8h	267.22	+0.007%	$3.6M	$4.9M	50x	as long as short
Coinbase International BCH-PERP-INTX	+0.0088%	1h	267.60	+0.150%	$307K	$2.1M	50x	as long as short
Lighter BCH	+0.0096%	1h	267.35	+0.054%	$374K	$492K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	267.68	+0.180%	$5.8M	$4.7M	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	267.25	+0.018%	$19K	$344K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	266.77	−0.161%	$96K	$242K	50x	as long as short
SunX BCH-USDTshort	+0.0100%	8h	266.87	−0.124%	$1K	$1.6M	30x
HTX BCH-USDT	+0.0100%	8h	267.16	−0.015%	$777K	$1.4M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0203% / S −0.0147%	1h	267.43	+0.088%	$12K	—	100x	as long as short