Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0100%/8hnext payment +$0.13 per $10,000 · paid last 24h +0.029%

Price spread now: Pacifica against dYdX−0.109%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Funding pays, the price is against you. Pacifica is 0.109% cheaper against dYdX than usual: you would sell low and buy high (spread −0.109% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 3.6 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX BCH-USD	266.14	0	get 0.0000% / 1h	7m 04s	$5K	$229	10x
Short	Pacifica BCH	265.85	0.0100	get 0.0013% / 1h	7m 04s	$167K	$452K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against dYdX. 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 dYdXbpFee PacificabpOrdersPrice spread, now −0.109%Rate

Funding earned: $21
Price spread: −0.109% → 0.000%: −$10.9
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$7.9
Costs to cover: 0.180%
Break-even: 9.6 days

Slippage unknown: dYdX: no order-book sample; Pacifica: live order book, 25 min ago. Net counts fees only.

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 dYdX no order-book sample	—	—	—	—	—
Sell Pacifica live order book, 25 min ago	3.59 bp	10.3 bp −$10	doesn't fit	doesn't fit	doesn't fit

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0452%	1h	265.83	−0.116%	$2K	$6K	10x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0329%	1h	265.99	−0.056%	$433K	$252K	25x	as long as short
Phemex BCHUSDT	−0.0271%	8h	265.77	−0.139%	$4.8M	$5.9M	50x	as long as short
Kraken Futures PF_BCHUSD	−0.0198%	1h	266.09	−0.019%	$813K	$3.1M	50x	as long as short
GRVT BCH_USDT_Perp	−0.0137%	8h	265.47	−0.254%	$387K	$17K	10x	as long as short
Binance BCHUSDT	−0.0124%	8h	265.84	−0.111%	$73.1M	$225.5M	75x	as long as short
MEXC BCH_USDT	−0.0123%	8h	266.38	+0.090%	$70.5M	$5.9M	200x	as long as short
Extended BCH-USD	−0.0120%	1h	265.74	−0.152%	$103K	$646K	25x	as long as short
Nado BCH-PERP	−0.0113%	1h	265.65	−0.184%	$452K	$387K	10x	as long as short
Bybit BCHUSDT	−0.0099%	8h	265.69	−0.169%	$39.3M	$31.8M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BCH_USDT	−0.0098%	8h	265.95	−0.071%	$8.3M	$14.2M	75x	as long as short
Coinbase International BCH-PERP-INTX	−0.0072%	1h	265.85	−0.109%	$223K	$2.0M	50x	as long as short
Bitget BCHUSDT	−0.0042%	8h	265.75	−0.147%	$19.3M	$27.6M	75x	as long as short
SunX BCH-USDT	−0.0036%	8h	265.81	−0.124%	$1K	$2.0M	30x	as long as short
Variational Omni BCH	−0.0031%	8h	265.35	−0.297%	$75K	$277K	—	as long as short
HTX BCH-USDT	−0.0011%	8h	265.86	−0.105%	$772K	$1.5M	75x	as long as short
BloFin BCH-USDT	−0.0004%	8h	265.82	−0.120%	$3.9M	$4.0M	50x	as long as short
OKX BCH-USDT-SWAP	−0.0003%	8h	265.70	−0.165%	$24.9M	$72.8M	50x	as long as short
BingX BCH-USDT	−0.0002%	8h	265.90	−0.090%	—	$32.2M	—	as long as short
dYdX BCH-USDlong	0.0000%	1h	266.14	long leg	$5K	$229	10x
Kalshi KXBCHPERP	0.0000%	8h	266.29	+0.056%	$1.0M	$11.4M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	266.18	+0.017%	$4K	—	150x	as long as short
KuCoin BCHUSDTM	+0.0024%	8h	265.95	−0.071%	$8.9M	$8.0M	75x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	264.28	−0.699%	$705	$52K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0043%	8h	265.92	−0.083%	$2K	$176	10x	as long as short
Lighter BCH	+0.0096%	1h	265.92	−0.085%	$376K	$598K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	266.12	−0.008%	$5.2M	$3.8M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	266.04	−0.036%	$237K	$669K	75x	as long as short
Pacifica BCHshort	+0.0100%	1h	265.85	−0.109%	$167K	$452K	10x
edgeX BCHUSDC	+0.0100%	4h	265.71	−0.160%	$21K	$285K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	265.92	−0.083%	$72K	$216K	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0331% / S −0.0444%	1h	266.14	+0.002%	$25K	—	100x	as long as short