Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h −0.034%

Price spread now: ApeX Omni against BloFin+0.556%7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs+$10as in the Price arb table

costs, in and out, $10k−$410.406% of the position

Long on BloFin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.103%−$10 on $10k

Price spread, last 4 days (all we have)−0.543%−$54 · spread now +0.556%, 7d avg +0.054%

Together, before fees−0.646%−$65 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.502% dearer against BloFin than usual: you sell high and buy low: +$50 more if the spread goes back to its 7-day average of +0.054%. Mind the row above: over the last 7 days funding on this pair cost −0.103%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BCH-USDT	264.29	0.0069	pay 0.0069% / 8h	36m 28s	$3.9M	$4.5M	50x
Short	ApeX Omni BCHUSDT	265.76	0.0100	get 0.0013% / 1h	36m 28s	$95K	$242K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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 BloFinbpFee ApeX OmnibpOrdersPrice spread, now +0.556%Rate

Funding earned: $6.46
Price spread: +0.556% → +0.054%: $50.25
Slippage, 4 orders: −$18.63
Fee BloFin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $16.07
Costs to cover: 0.406%
Break-even: from the start

Slippage from BloFin: live order book, 2 min ago; ApeX Omni: live order book, 65 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 BloFin live order book, 2 min ago	0.57 bp	7.4 bp −$7	16.7 bp −$167	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 65 min ago	4.53 bp	12.4 bp −$12	95.1 bp −$951	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	−0.0338%	1h	264.28	−0.004%	$2K	$8K	10x	as long as short
Kraken Futures PF_BCHUSD	−0.0220%	1h	264.42	+0.049%	$858K	$2.8M	50x	as long as short
Phemex BCHUSDT	−0.0158%	8h	264.27	−0.008%	$4.9M	$6.6M	50x	as long as short
Variational Omni BCH	−0.0111%	8h	265.60	+0.495%	$81K	$196K	—	as long as short
HTX BCH-USDT	−0.0110%	8h	264.42	+0.049%	$773K	$1.4M	75x	as long as short
Bybit BCHUSDT	−0.0097%	8h	264.10	−0.072%	$38.8M	$31.2M	75x	as long as short
KuCoin BCHUSDTM	−0.0091%	8h	264.28	−0.004%	$8.5M	$6.4M	75x	as long as short
Bitget BCHUSDT	−0.0072%	8h	263.98	−0.117%	$19.1M	$27.3M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0060%	8h	264.10	−0.072%	$25.1M	$76.8M	50x	as long as short
Extended BCH-USD	−0.0056%	1h	264.04	−0.095%	$111K	$909K	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BCHUSDT	−0.0052%	8h	264.21	−0.032%	$72.8M	$215.7M	75x	as long as short
MEXC BCH_USDT	−0.0050%	8h	264.43	+0.053%	$70.5M	$8.8M	200x	as long as short
BingX BCH-USDT	−0.0038%	8h	264.22	−0.026%	—	$15.4M	—	as long as short
GRVT BCH_USDT_Perp	−0.0038%	8h	264.90	+0.230%	$386K	$17K	10x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0026%	1h	264.42	+0.050%	$426K	$351K	25x	as long as short
Gate BCH_USDT	−0.0024%	8h	264.13	−0.061%	$8.3M	$13.6M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	264.33	+0.014%	$15K	—	150x	as long as short
Pacifica BCH	−0.0003%	1h	264.10	−0.073%	$158K	$303K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	264.42	+0.050%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	264.28	−0.004%	$994K	$10.2M	2.7x	as long as short
Aster BCHUSDT	+0.0027%	8h	264.50	+0.080%	$136K	$593K	75x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.236%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0046%	8h	264.22	−0.026%	$2K	$176	10x	as long as short
BloFin BCH-USDTlong	+0.0069%	8h	264.29	long leg	$3.9M	$4.5M	50x
Nado BCH-PERP	+0.0086%	1h	263.97	−0.121%	$433K	$360K	10x	as long as short
Coinbase International BCH-PERP-INTX	+0.0088%	1h	264.64	+0.132%	$246K	$1.9M	50x	as long as short
Lighter BCH	+0.0096%	1h	264.20	−0.036%	$352K	$469K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	264.24	−0.017%	$5.7M	$4.6M	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	264.88	+0.223%	$19K	$344K	20x	as long as short
ApeX Omni BCHUSDTshort	+0.0100%	1h	265.76	+0.556%	$95K	$242K	50x
SunX BCH-USDT	+0.0100%	8h	264.18	−0.042%	$1K	$1.6M	30x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	264.35	+0.023%	$12K	—	100x	as long as short