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

BCH

all BCH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0226%/8h= +24.7% APRpaid last 24h +0.024%
Price spread now: Pacifica against Variational Omni+0.180%7-day average +0.037% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.068%+$7 on $10k
Price spread, last 3 days (all we have)−0.209%−$21 · spread now +0.180%, 7d avg +0.037%
Together, before fees−0.141%+ Points / potential airdropVariational Omni: Active · Pacifica: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Pacifica is 0.143% dearer against Variational Omni than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.037%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.068% in total (about 7.6% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BCH269.81−0.0126get 0.0126% / 8h1h 02m$83K$294K
ShortPacifica BCH270.300.0100get 0.0013% / 1h2m 10s$164K$467K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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

Funding earned
$47.4
Price spread: +0.180% → +0.037%
$14.33
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$53.74
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 17 min ago; Pacifica: live order book, 16 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 17 min ago5.95 bpdoesn't fit27.9 bp −$279doesn't fitdoesn't fit
Sell Pacifica live order book, 16 min ago2.59 bp11.7 bp −$12doesn't fitdoesn'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−0.0305%1h270.17+0.132%$458K$265K25xas long as short
Phemex BCHUSDT−0.0188%8h270.07+0.095%$4.9M$6.5M50xas long as short
SoDEX BCH-USD−0.0173%1h270.07+0.095%$2K$6K10xas long as short
Injective BCH/USDC PERP−0.0154%1h270.20+0.143%$721$130K12xas long as short
Variational Omni BCHlong−0.0126%8h269.81long leg$83K$294K
Bybit BCHUSDT−0.0069%8h270.04+0.084%$39.5M$33.1M75xas long as short
Extended BCH-USD−0.0040%1h269.92+0.040%$116K$653K25xas long as short
MEXC BCH_USDT−0.0038%8h270.62+0.299%$70.9M$6.7M200xas long as short
Binance BCHUSDT−0.0037%8h270.09+0.102%$75.1M$234.7M75xas long as short
dYdX BCH-USD0.0000%1h270.57+0.281%$5K$24810xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXBCHPERP0.0000%8h270.09+0.102%$1.3M$11.8M2.7xas long as short
gTrade (Gains Network) BCH/USDL 0.0000% / S +0.0007%1h270.25+0.162%$4K150xas long as short
Gate BCH_USDT+0.0012%8h270.20+0.143%$8.4M$14.9M75xas long as short
Coinbase International BCH-PERP-INTX+0.0016%1h270.48+0.247%$241K$2.1M50xas long as short
GRVT BCH_USDT_Perp+0.0017%8h269.98+0.060%$393K$17K10xas long as short
Orderly PERP_BCH_USDC+0.0024%8h270.03+0.080%$2K$17610xas long as short
Bitget BCHUSDT+0.0029%8h270.18+0.136%$19.6M$29.6M75xas long as short
OKX BCH-USDT-SWAP+0.0056%8h270.20+0.143%$26.5M$78.8M50xas long as short
BingX BCH-USDC+0.0059%8h270.20+0.143%$6.5Mas long as short
BloFin BCH-USDT+0.0081%8h270.28+0.173%$4.0M$4.2M50xas long as short
Nado BCH-PERP+0.0096%1h270.17+0.132%$443K$429K10xas long as short
Lighter BCH+0.0096%1h270.16+0.129%$378K$588K10xas long as short
Hyperliquid BCH+0.0100%1h270.42+0.224%$6.1M$4.2M10xas long as short
Aster BCHUSDT+0.0100%8h270.23+0.154%$218K$703K75xas long as short
Pacifica BCHshort+0.0100%1h270.30+0.180%$164K$467K10x
KuCoin BCHUSDTM+0.0100%8h270.29+0.177%$9.3M$8.0M75xas long as short
edgeX BCHUSDC+0.0100%4h269.91+0.038%$19K$290K20xas long as short
ApeX Omni BCHUSDT+0.0100%1h269.68−0.050%$73K$214K50xas long as short
SunX BCH-USDT+0.0100%8h269.92+0.039%$1K$2.0M30xas long as short
HTX BCH-USDT+0.0100%8h270.01+0.073%$776K$1.7M75xas long as short
Kraken Futures PF_BCHUSD+0.0113%1h270.37+0.207%$819K$3.2M50xas long as short
GMX BCH/USD [WBTC.b-USDC]L +0.0335% / S −0.0340%1h270.23+0.155%$27K100xas long as short