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

BCH

all BCH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0137%/8h= +15.0% APRnext payment +$0.17 per $10,000 · paid last 24h +0.004%
Price spread now: Hyperliquid against ApeX Omni+0.540%105s7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$450.453% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.073%−$7 on $10k
Price spread, last 3 days (all we have)−0.598%−$60 · spread now +0.540%, 7d avg −0.002%
Together, before fees−0.671%+ Points / potential airdropHyperliquid: Season 2 · farm board−$67 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Hyperliquid is 0.542% dearer against ApeX Omni than usual: you sell high and buy low: +$54 more if the spread goes back to its 7-day average of −0.002%. Mind the row above: over the last 7 days funding on this pair cost −0.073%, so the current rate has only just turned in your favour. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BCHUSDT266.85−0.0037get 0.0005% / 1h57m 48s$72K$214K50x
ShortHyperliquid BCH268.290.0100get 0.0013% / 1h57m 48s$6.0M$4.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against ApeX 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
$28.83
Price spread: +0.540% → −0.002%
$54.2
Slippage, 4 orders
−$26.29
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$37.74
Costs to cover
0.453%
Break-even
from the start
Slippage from ApeX Omni: live order book, 13 min ago; Hyperliquid: live order book, 4 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 ApeX Omni live order book, 13 min ago4.51 bp12.5 bp −$13103.5 bp −$1,035doesn't fitdoesn't fit
Sell Hyperliquid live order book, 4 min ago0.56 bp5.4 bp −$5doesn'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
Phemex BCHUSDT−0.3695%8h267.91+0.397%$4.9M$6.5M50xas long as short
Deribit BCH_USDC-PERPETUAL−0.0272%1h268.10+0.467%$453K$266K25xas long as short
SoDEX BCH-USD−0.0203%1h267.95+0.412%$2K$6K10xas long as short
Variational Omni BCH−0.0134%8h266.81−0.013%$82K$292Kas long as short
Nado BCH-PERP−0.0125%1h267.71+0.321%$441K$435K10xas long as short
Coinbase International BCH-PERP-INTX−0.0056%1h267.42+0.214%$226K$2.1M50xas long as short
Kraken Futures PF_BCHUSD−0.0049%1h268.16+0.489%$857K$3.2M50xas long as short
ApeX Omni BCHUSDTlong−0.0037%1h266.85long leg$72K$214K50x
Binance BCHUSDT−0.0034%8h267.88+0.386%$73.0M$235.4M75xas long as short
MEXC BCH_USDT−0.0034%8h268.36+0.566%$70.3M$6.5M200xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BCH-USD−0.0032%1h267.83+0.368%$115K$648K25xas long as short
dYdX BCH-USD0.0000%1h268.16+0.492%$5K$24810xas long as short
Kalshi KXBCHPERP0.0000%8h267.75+0.337%$1.1M$11.8M2.7xas long as short
gTrade (Gains Network) BCH/USDL 0.0000% / S +0.0007%1h268.15+0.489%$4K150xas long as short
GRVT BCH_USDT_Perp+0.0016%8h266.96+0.042%$389K$17K10xas long as short
Bitget BCHUSDT+0.0019%8h267.96+0.416%$19.2M$30.1M75xas long as short
OKX BCH-USDT-SWAP+0.0025%8h267.80+0.356%$26.0M$79.0M50xas long as short
BingX BCH-USDT+0.0028%8h267.91+0.397%$31.0Mas long as short
Orderly PERP_BCH_USDC+0.0030%8h267.93+0.405%$2K$17610xas long as short
Injective BCH/USDC PERP+0.0033%1h270.20+1.255%$721$130K12xas long as short
HTX BCH-USDT+0.0075%8h267.89+0.390%$778K$1.7M75xas long as short
BloFin BCH-USDT+0.0087%8h267.10+0.094%$3.9M$4.2M50xas long as short
Lighter BCH+0.0096%1h267.94+0.409%$370K$526K10xas long as short
Hyperliquid BCHshort+0.0100%1h268.29+0.540%$6.0M$4.5M10x
Aster BCHUSDT+0.0100%8h268.03+0.442%$174K$715K75xas long as short
Pacifica BCH+0.0100%1h267.94+0.408%$163K$430K10xas long as short
Bybit BCHUSDT+0.0100%8h267.87+0.382%$39.4M$33.2M75xas long as short
Gate BCH_USDT+0.0100%8h268.09+0.465%$8.4M$14.0M75xas long as short
KuCoin BCHUSDTM+0.0100%8h268.05+0.450%$9.0M$7.7M75xas long as short
edgeX BCHUSDC+0.0100%4h266.84−0.002%$19K$292K20xas long as short
SunX BCH-USDT+0.0100%8h267.86+0.378%$2K$2.0M30xas long as short
GMX BCH/USD [WBTC.b-USDC]L +0.0333% / S −0.0224%1h268.20+0.506%$31K100xas long as short