Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0088%/8h= −9.7% APRpaid last 24h +0.004%

Price spread now: SunX against ApeX Omni−0.298%7-day average −0.082% · you buy dearer than you sell

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs−$115as in the Price arb table

costs, in and out, $10k−$940.938% of the position

Long on ApeX Omni Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 4 days (all we have)+0.280%+$28 · spread now −0.298%, 7d avg −0.082%

Together, before fees+0.299%+$30 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.216% cheaper against ApeX Omni than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.082%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni BCHUSDT	265.04	0.0100	pay 0.0013% / 1h	46m 48s	$95K	$237K	50x
Short	SunX BCH-USDT	264.25	0.0012	get 0.0012% / 8h	1h 46m	$1K	$1.7M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee SunXbpOrdersPrice spread, now −0.298%Rate

Funding earned: −$18.58
Price spread: −0.298% → −0.082%: −$21.63
Slippage, 4 orders: −$75.77
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$133.97
Costs to cover: 0.938%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 60 min ago; SunX: live order book, 9 min ago.

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 ApeX Omni live order book, 60 min ago	4.55 bp	12.5 bp −$13	100.2 bp −$1,002	doesn't fit	doesn't fit
Sell SunX live order book, 9 min ago	19.64 bp	28.9 bp −$29	doesn't fit	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
SoDEX BCH-USD	−0.0437%	1h	264.39	−0.245%	$2K	$8K	10x	as long as short
HTX BCH-USDT	−0.0201%	8h	264.42	−0.234%	$773K	$1.4M	75x	as long as short
Phemex BCHUSDT	−0.0163%	8h	264.43	−0.230%	$4.9M	$6.6M	50x	as long as short
KuCoin BCHUSDTM	−0.0105%	8h	264.42	−0.234%	$8.5M	$6.7M	75x	as long as short
Kraken Futures PF_BCHUSD	−0.0103%	1h	264.57	−0.177%	$844K	$3.0M	50x	as long as short
Bitget BCHUSDT	−0.0091%	8h	264.26	−0.294%	$18.9M	$28.4M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0081%	8h	264.20	−0.317%	$25.2M	$78.0M	50x	as long as short
Variational Omni BCH	−0.0074%	8h	264.81	−0.088%	$81K	$196K	—	as long as short
Binance BCHUSDT	−0.0049%	8h	264.29	−0.285%	$72.8M	$221.1M	75x	as long as short
Extended BCH-USD	−0.0048%	1h	264.19	−0.321%	$112K	$1.1M	25x	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	−0.0048%	8h	264.65	−0.147%	$70.3M	$8.5M	200x	as long as short
Bybit BCHUSDT	−0.0040%	8h	264.21	−0.313%	$38.8M	$31.9M	75x	as long as short
BingX BCH-USDC	−0.0029%	8h	264.45	−0.223%	—	$6.5M	—	as long as short
GRVT BCH_USDT_Perp	−0.0020%	8h	264.83	−0.079%	$386K	$17K	10x	as long as short
Nado BCH-PERP	−0.0006%	1h	264.48	−0.210%	$434K	$356K	10x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	264.63	−0.154%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	264.74	−0.112%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	264.77	−0.102%	$984K	$10.5M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	264.55	−0.186%	$440K	$333K	25x	as long as short
Gate BCH_USDT	+0.0007%	8h	264.37	−0.253%	$8.3M	$13.8M	75x	as long as short
Coinbase International BCH-PERP-INTX	+0.0008%	1h	265.18	+0.053%	$220K	$1.9M	50x	as long as short
SunX BCH-USDTshort	+0.0012%	8h	264.25	−0.298%	$1K	$1.7M	30x
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.947%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0046%	8h	264.47	−0.215%	$2K	$176	10x	as long as short
Aster BCHUSDT	+0.0055%	8h	264.33	−0.269%	$149K	$590K	75x	as long as short
BloFin BCH-USDT	+0.0071%	8h	264.33	−0.268%	$4.0M	$4.5M	50x	as long as short
Lighter BCH	+0.0096%	1h	264.41	−0.237%	$352K	$495K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	264.55	−0.185%	$5.7M	$4.7M	10x	as long as short
Pacifica BCH	+0.0100%	1h	264.55	−0.184%	$159K	$312K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	264.78	−0.099%	$18K	$344K	20x	as long as short
ApeX Omni BCHUSDTlong	+0.0100%	1h	265.04	long leg	$95K	$237K	50x
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	264.55	−0.183%	$12K	—	100x	as long as short