Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h −0.030%

Price spread now: Pacifica against BloFin+0.047%7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$410.415% of the position

Long on BloFin Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.225%−$23 on $10k

Price spread, last 3 days (all we have)+0.029%+$3 · spread now +0.047%, 7d avg +0.025%

Together, before fees−0.196%+ Points / potential airdropPacifica: Active · farm board−$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.022% dearer against BloFin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.025%. Mind the row above: over the last 7 days funding on this pair cost −0.225%, 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	268.19	0.0024	pay 0.0024% / 8h	2h 12m	$4.0M	$4.1M	50x
Short	Pacifica BCH	268.32	0.0100	get 0.0013% / 1h	12m 13s	$169K	$460K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.047%Rate

Funding earned: $16
Price spread: +0.047% → +0.025%: $2.23
Slippage, 4 orders: −$21.47
Fee BloFin: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$23.25
Costs to cover: 0.415%
Break-even: 17.2 days

Slippage from BloFin: live order book, 6 min ago; Pacifica: live order book, 11 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, 6 min ago	0.37 bp	12.6 bp −$13	22.1 bp −$221	doesn't fit	doesn't fit
Sell Pacifica live order book, 11 min ago	3.35 bp	9.7 bp −$10	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
Deribit BCH_USDC-PERPETUAL	−0.0391%	1h	268.33	+0.052%	$439K	$247K	25x	as long as short
Injective BCH/USDC PERP	−0.0304%	1h	268.50	+0.116%	$716	$110K	12x	as long as short
Phemex BCHUSDT	−0.0188%	8h	268.21	+0.007%	$4.9M	$6.2M	50x	as long as short
SoDEX BCH-USD	−0.0144%	1h	268.19	0.000%	$2K	$6K	10x	as long as short
Extended BCH-USD	−0.0096%	1h	268.15	−0.014%	$115K	$653K	25x	as long as short
MEXC BCH_USDT	−0.0096%	8h	268.86	+0.250%	$71.3M	$6.4M	200x	as long as short
Binance BCHUSDT	−0.0095%	8h	268.18	−0.004%	$73.9M	$229.2M	75x	as long as short
Variational Omni BCH	−0.0069%	8h	268.54	+0.130%	$85K	$291K	—	as long as short
Bitget BCHUSDT	−0.0039%	8h	268.18	−0.004%	$19.9M	$29.0M	75x	as long as short
Coinbase International BCH-PERP-INTX	−0.0024%	1h	268.45	+0.097%	$241K	$2.1M	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BCH_USDT_Perp	−0.0023%	8h	268.72	+0.198%	$392K	$17K	10x	as long as short
Gate BCH_USDT	−0.0022%	8h	268.24	+0.019%	$8.4M	$14.4M	75x	as long as short
Bybit BCHUSDT	−0.0008%	8h	268.06	−0.048%	$39.4M	$32.1M	75x	as long as short
dYdX BCH-USD	0.0000%	1h	268.42	+0.085%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	268.49	+0.112%	$1.0M	$11.3M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	268.38	+0.069%	$4K	—	150x	as long as short
BingX BCH-USDC	+0.0018%	8h	268.20	+0.004%	—	$6.5M	—	as long as short
BloFin BCH-USDTlong	+0.0024%	8h	268.19	long leg	$4.0M	$4.1M	50x
OKX BCH-USDT-SWAP	+0.0025%	8h	268.10	−0.034%	$26.3M	$76.0M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0027%	8h	268.20	+0.004%	$2K	$176	10x	as long as short
Kraken Futures PF_BCHUSD	+0.0074%	1h	268.49	+0.112%	$805K	$3.2M	50x	as long as short
Lighter BCH	+0.0096%	1h	268.30	+0.042%	$376K	$581K	10x	as long as short
Nado BCH-PERP	+0.0100%	1h	268.23	+0.015%	$439K	$425K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	268.60	+0.153%	$6.0M	$4.1M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	268.48	+0.108%	$236K	$660K	75x	as long as short
Pacifica BCHshort	+0.0100%	1h	268.32	+0.047%	$169K	$460K	10x
KuCoin BCHUSDTM	+0.0100%	8h	268.38	+0.071%	$8.9M	$7.9M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	268.49	+0.111%	$19K	$290K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	268.55	+0.134%	$73K	$214K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	268.14	−0.019%	$1K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	268.21	+0.007%	$772K	$1.6M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0372% / S −0.0574%	1h	268.39	+0.073%	$26K	—	100x	as long as short