Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.020%

Price spread now: SunX against dYdX−0.115%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 SunX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. SunX is 0.115% cheaper against dYdX than usual: you would sell low and buy high (spread −0.115% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 3.8 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	264.80	0	get 0.0000% / 1h	0m 51s	$5K	$240	10x
Short	SunX BCH-USDT	264.50	0.0100	get 0.0100% / 8h	1h 00m	$2K	$1.7M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.115%Rate

Funding earned: $21
Price spread: −0.115% → 0.000%: −$11.51
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$8.51
Costs to cover: 0.180%
Break-even: 9.8 days

Slippage unknown: dYdX: no order-book sample; SunX: live order book, 4 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 SunX live order book, 4 min ago	19.63 bp	28.9 bp −$29	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	−0.0352%	1h	264.67	−0.051%	$2K	$8K	10x	as long as short
Phemex BCHUSDT	−0.0154%	8h	264.71	−0.036%	$4.9M	$6.6M	50x	as long as short
HTX BCH-USDT	−0.0144%	8h	264.62	−0.070%	$774K	$1.4M	75x	as long as short
Kraken Futures PF_BCHUSD	−0.0103%	1h	264.87	+0.025%	$861K	$2.9M	50x	as long as short
Variational Omni BCH	−0.0097%	8h	264.50	−0.114%	$81K	$196K	—	as long as short
KuCoin BCHUSDTM	−0.0090%	8h	264.79	−0.006%	$8.5M	$6.6M	75x	as long as short
Bitget BCHUSDT	−0.0078%	8h	264.74	−0.024%	$18.9M	$28.3M	75x	as long as short
Bybit BCHUSDT	−0.0074%	8h	264.60	−0.077%	$38.9M	$31.8M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0068%	8h	264.60	−0.077%	$25.3M	$77.7M	50x	as long as short
Extended BCH-USD	−0.0048%	1h	264.61	−0.072%	$116K	$871K	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	−0.0048%	8h	264.73	−0.029%	$72.9M	$219.4M	75x	as long as short
MEXC BCH_USDT	−0.0047%	8h	265.18	+0.142%	$70.8M	$8.8M	200x	as long as short
BingX BCH-USDC	−0.0034%	8h	264.74	−0.024%	—	$6.5M	—	as long as short
GRVT BCH_USDT_Perp	−0.0030%	8h	264.92	+0.044%	$386K	$17K	10x	as long as short
Nado BCH-PERP	−0.0014%	1h	264.61	−0.074%	$434K	$357K	10x	as long as short
Gate BCH_USDT	−0.0013%	8h	264.79	−0.006%	$8.3M	$13.9M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	264.83	+0.009%	$15K	—	150x	as long as short
dYdX BCH-USDlong	0.0000%	1h	264.80	long leg	$5K	$240	10x
Kalshi KXBCHPERP	0.0000%	8h	265.20	+0.149%	$992K	$10.5M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	264.84	+0.014%	$441K	$337K	25x	as long as short
Coinbase International BCH-PERP-INTX	+0.0008%	1h	265.90	+0.414%	$225K	$1.9M	50x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.037%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0045%	8h	264.69	−0.043%	$2K	$176	10x	as long as short
Aster BCHUSDT	+0.0046%	8h	264.65	−0.058%	$137K	$590K	75x	as long as short
BloFin BCH-USDT	+0.0072%	8h	264.55	−0.096%	$3.9M	$4.5M	50x	as long as short
Lighter BCH	+0.0096%	1h	264.71	−0.035%	$352K	$496K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	264.88	+0.028%	$5.7M	$4.7M	10x	as long as short
Pacifica BCH	+0.0100%	1h	264.68	−0.047%	$159K	$311K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	264.85	+0.016%	$19K	$345K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	265.32	+0.195%	$95K	$240K	50x	as long as short
SunX BCH-USDTshort	+0.0100%	8h	264.50	−0.115%	$2K	$1.7M	30x
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	264.84	+0.014%	$12K	—	100x	as long as short