Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0185%/8h= +20.2% APRpaid last 24h +0.020%

Price spread now: ApeX Omni against Variational Omni+0.083%7-day average +0.076% · you sell dearer than you buy

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

Long on Variational Omni Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.060%+$6 on $10k

Price spread, last 3 days (all we have)+0.080%+$8 · spread now +0.083%, 7d avg +0.076%

Together, before fees+0.139%+ Points / potential airdropVariational Omni: Active · farm board+$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.076%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni BCH	266.75	−0.0085	get 0.0085% / 8h	2h 55m	$85K	$291K	—
Short	ApeX Omni BCHUSDT	266.97	0.0100	get 0.0013% / 1h	55m 07s	$73K	$214K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Variational Omni. 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 Variational OmnibpFee ApeX OmnibpOrdersPrice spread, now +0.083%Rate

Funding earned: $38.79
Price spread: +0.083% → +0.076%: $0.7
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $29.49
Costs to cover: 0.100%
Break-even: 1.7 days

Slippage unknown: Variational Omni: RFQ quote, 34 min ago; ApeX Omni: live order book, 31 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 Variational Omni RFQ quote, 34 min ago	5.99 bp	doesn't fit	32.3 bp −$323	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 31 min ago	4.68 bp	11.7 bp −$12	92.5 bp −$925	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
Injective BCH/USDC PERP	−0.0304%	1h	267.23	+0.180%	$713	$80K	12x	as long as short
Phemex BCHUSDT	−0.0194%	8h	267.28	+0.199%	$4.9M	$6.3M	50x	as long as short
MEXC BCH_USDT	−0.0124%	8h	267.92	+0.439%	$70.9M	$6.3M	200x	as long as short
Binance BCHUSDT	−0.0123%	8h	267.32	+0.215%	$73.9M	$231.4M	75x	as long as short
Extended BCH-USD	−0.0120%	1h	267.23	+0.182%	$105K	$643K	25x	as long as short
Bybit BCHUSDT	−0.0114%	8h	267.20	+0.169%	$39.4M	$32.4M	75x	as long as short
Variational Omni BCHlong	−0.0085%	8h	266.75	long leg	$85K	$291K	—
GRVT BCH_USDT_Perp	−0.0076%	8h	266.83	+0.029%	$389K	$17K	10x	as long as short
SoDEX BCH-USD	−0.0062%	1h	267.29	+0.203%	$2K	$6K	10x	as long as short
Bitget BCHUSDT	−0.0059%	8h	267.24	+0.184%	$20.0M	$29.1M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BCH_USDT	−0.0043%	8h	267.16	+0.154%	$8.3M	$14.3M	75x	as long as short
BingX BCH-USDC	−0.0025%	8h	267.31	+0.210%	—	$6.5M	—	as long as short
OKX BCH-USDT-SWAP	−0.0025%	8h	267.20	+0.169%	$26.2M	$76.4M	50x	as long as short
Coinbase International BCH-PERP-INTX	−0.0024%	1h	267.44	+0.259%	$255K	$2.1M	50x	as long as short
BloFin BCH-USDT	−0.0003%	8h	267.07	+0.120%	$4.0M	$4.1M	50x	as long as short
dYdX BCH-USD	0.0000%	1h	266.89	+0.055%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	266.91	+0.060%	$1.1M	$11.7M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	267.44	+0.258%	$437K	$251K	25x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	267.27	+0.195%	$4K	—	150x	as long as short
Orderly PERP_BCH_USDC	+0.0030%	8h	267.30	+0.207%	$2K	$176	10x	as long as short
KuCoin BCHUSDTM	+0.0066%	8h	267.38	+0.237%	$8.8M	$8.1M	75x	as long as short
Kraken Futures PF_BCHUSD	+0.0074%	1h	267.53	+0.294%	$805K	$3.2M	50x	as long as short
Nado BCH-PERP	+0.0085%	1h	266.90	+0.058%	$439K	$427K	10x	as long as short
Lighter BCH	+0.0096%	1h	267.38	+0.235%	$375K	$579K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	267.50	+0.282%	$6.0M	$4.2M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	267.11	+0.137%	$234K	$680K	75x	as long as short
Pacifica BCH	+0.0100%	1h	266.91	+0.060%	$168K	$461K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	266.84	+0.033%	$19K	$288K	20x	as long as short
ApeX Omni BCHUSDTshort	+0.0100%	1h	266.97	+0.083%	$73K	$214K	50x
SunX BCH-USDT	+0.0100%	8h	266.97	+0.083%	$2K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	267.18	+0.162%	$769K	$1.7M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0365% / S −0.0554%	1h	267.34	+0.220%	$25K	—	100x	as long as short