Settings8H · net · $10k
Funding arb · Price arb /

BCH

all BCH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0051%/8h= −5.6% APRnext payment $0.06 per $10,000 · paid last 24h +0.011%
Price spread now: ApeX Omni against Extended−0.001%52s7-day average +0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$380.380% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.160%+$16 on $10k
Price spread, last 3 days (all we have)+0.115%+$12 · spread now −0.001%, 7d avg +0.106%
Together, before fees+0.276%+ Points / potential airdropExtended: Active · farm board+$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and ApeX Omni is 0.107% cheaper against Extended than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.106%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.160%, so the current rate has only just turned against you. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BCH-USD269.29−0.0056get 0.0007% / 1h28m 41s$117K$1.1M25x
ShortApeX Omni BCHUSDT269.29−0.0107pay 0.0013% / 1h28m 41s$73K$214K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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

Funding earned
−$10.74
Price spread: −0.001% → +0.106%
−$10.71
Slippage, 4 orders
−$22.95
Fee Extended: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$59.4
Costs to cover
0.380%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; ApeX Omni: live order book, 42 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 4 min ago0.19 bp6.3 bp −$643.0 bp −$430doesn't fitdoesn't fit
Sell ApeX Omni live order book, 42 min ago4.51 bp12.8 bp −$1374.7 bp −$747doesn't fitdoesn't fit

BCH on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BCHUSDT−0.0650%8h268.79−0.186%$4.9M$6.5M50xas long as short
SoDEX BCH-USD−0.0541%1h268.91−0.142%$2K$6K10xas long as short
Deribit BCH_USDC-PERPETUAL−0.0478%1h269.04−0.094%$455K$266K25xas long as short
GRVT BCH_USDT_Perp−0.0157%8h269.17−0.046%$392K$17K10xas long as short
Gate BCH_USDT−0.0139%8h269.19−0.038%$8.5M$14.2M75xas long as short
Variational Omni BCH−0.0127%8h269.01−0.105%$82K$285Kas long as short
HTX BCH-USDT−0.0109%8h268.72−0.212%$781K$1.6M75xas long as short
ApeX Omni BCHUSDTshort−0.0107%1h269.29−0.001%$73K$214K50x
Binance BCHUSDT−0.0060%8h269.28−0.004%$73.0M$229.8M75xas long as short
MEXC BCH_USDT−0.0058%8h269.68+0.144%$70.6M$6.6M200xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BCH-USDlong−0.0056%1h269.29long leg$117K$1.1M25x
Coinbase International BCH-PERP-INTX−0.0056%1h268.58−0.264%$227K$2.0M50xas long as short
Kraken Futures PF_BCHUSD−0.0049%1h269.12−0.065%$857K$3.1M50xas long as short
Bybit BCHUSDT−0.0049%8h269.30+0.003%$39.8M$32.5M75xas long as short
Bitget BCHUSDT−0.0015%8h269.42+0.047%$19.3M$29.2M75xas long as short
dYdX BCH-USD0.0000%1h269.47+0.067%$5K$24810xas long as short
Kalshi KXBCHPERP0.0000%8h269.21−0.030%$1.1M$10.8M2.7xas long as short
gTrade (Gains Network) BCH/USDL 0.0000% / S +0.0007%1h269.09−0.075%$4K150xas long as short
Nado BCH-PERP+0.0013%1h268.68−0.227%$440K$421K10xas long as short
OKX BCH-USDT-SWAP+0.0018%8h269.30+0.003%$26.1M$76.7M50xas long as short
BingX BCH-USDC+0.0024%8h269.46+0.062%$6.5Mas long as short
Orderly PERP_BCH_USDC+0.0030%8h268.95−0.127%$2K$17610xas long as short
Injective BCH/USDC PERP+0.0033%1h270.20+0.337%$721$130K12xas long as short
BloFin BCH-USDT+0.0062%8h268.90−0.146%$3.9M$4.2M50xas long as short
Lighter BCH+0.0096%1h269.21−0.031%$371K$530K10xas long as short
Hyperliquid BCH+0.0100%1h269.56+0.099%$6.0M$4.4M10xas long as short
Aster BCHUSDT+0.0100%8h269.02−0.101%$177K$666K75xas long as short
Pacifica BCH+0.0100%1h269.31+0.007%$164K$407K10xas long as short
KuCoin BCHUSDTM+0.0100%8h269.27−0.008%$9.0M$7.5M75xas long as short
edgeX BCHUSDC+0.0100%4h269.05−0.089%$19K$292K20xas long as short
SunX BCH-USDT+0.0100%8h268.66−0.235%$2K$1.9M30xas long as short
GMX BCH/USD [WBTC.b-USDC]L +0.0334% / S −0.0451%1h269.09−0.074%$25K100xas long as short