Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0173%/8h= −18.9% APRpaid last 24h −0.007%

Price spread now: Extended against KuCoin−0.057%7-day average −0.077% · you buy dearer than you sell

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$500.496% of the position

Long on KuCoin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.123%−$12 on $10k

Price spread, last 4 days (all we have)−0.050%−$5 · spread now −0.057%, 7d avg −0.077%

Together, before fees−0.172%+ Points / potential airdropExtended: Active · farm board−$17 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.077%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BCHUSDTM	268.47	0.0029	pay 0.0029% / 8h	3h 32m	$8.9M	$8.1M	75x
Short	Extended BCH-USD	268.32	−0.0144	pay 0.0018% / 1h	32m 43s	$105K	$642K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. 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 KuCoinbpFee ExtendedbpOrdersPrice spread, now −0.057%Rate

Funding earned: −$36.33
Price spread: −0.057% → −0.077%: $1.95
Slippage, 4 orders: −$32.63
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$84.01
Costs to cover: 0.496%
Break-even: never at this rate

Slippage from KuCoin: live order book, 1 min ago; Extended: live order book, 16 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 KuCoin live order book, 1 min ago	0.93 bp	15.3 bp −$15	48.2 bp −$482	doesn't fit	doesn't fit
Sell Extended live order book, 16 min ago	0.94 bp	7.1 bp −$7	102.5 bp −$1,025	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
Injective BCH/USDC PERP	−0.0300%	1h	267.99	−0.179%	$715	$47K	12x	as long as short
SoDEX BCH-USD	−0.0291%	1h	267.84	−0.235%	$2K	$6K	10x	as long as short
Phemex BCHUSDT	−0.0290%	8h	268.20	−0.101%	$4.9M	$5.9M	50x	as long as short
Kraken Futures PF_BCHUSD	−0.0192%	1h	268.13	−0.127%	$817K	$3.2M	50x	as long as short
Binance BCHUSDT	−0.0144%	8h	268.63	+0.058%	$74.2M	$227.8M	75x	as long as short
Extended BCH-USDshort	−0.0144%	1h	268.32	−0.057%	$105K	$642K	25x
MEXC BCH_USDT	−0.0144%	8h	268.95	+0.179%	$71.4M	$6.2M	200x	as long as short
GRVT BCH_USDT_Perp	−0.0139%	8h	267.75	−0.268%	$390K	$17K	10x	as long as short
Bybit BCHUSDT	−0.0108%	8h	268.50	+0.011%	$39.7M	$32.0M	75x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0104%	1h	268.00	−0.174%	$438K	$254K	25x	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	−0.0097%	8h	268.40	−0.026%	$8.3M	$14.3M	75x	as long as short
Nado BCH-PERP	−0.0078%	1h	267.65	−0.306%	$441K	$394K	10x	as long as short
Coinbase International BCH-PERP-INTX	−0.0072%	1h	268.20	−0.101%	$234K	$2.0M	50x	as long as short
Variational Omni BCH	−0.0061%	8h	267.65	−0.304%	$76K	$277K	—	as long as short
Bitget BCHUSDT	−0.0057%	8h	268.49	+0.007%	$19.9M	$28.3M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0036%	8h	268.40	−0.026%	$25.1M	$74.2M	50x	as long as short
BingX BCH-USDT	−0.0026%	8h	268.40	−0.026%	—	$32.2M	—	as long as short
BloFin BCH-USDT	−0.0025%	8h	268.44	−0.011%	$4.0M	$4.1M	50x	as long as short
dYdX BCH-USD	0.0000%	1h	267.92	−0.206%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	268.48	+0.004%	$1.1M	$11.5M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	268.08	−0.145%	$4K	—	150x	as long as short
KuCoin BCHUSDTMlong	+0.0029%	8h	268.47	long leg	$8.9M	$8.1M	75x
Orderly PERP_BCH_USDC	+0.0033%	8h	267.87	−0.223%	$2K	$176	10x	as long as short
HTX BCH-USDT	+0.0064%	8h	268.26	−0.078%	$781K	$1.6M	75x	as long as short
SunX BCH-USDT	+0.0092%	8h	267.43	−0.387%	$1K	$2.0M	30x	as long as short
Lighter BCH	+0.0096%	1h	268.67	+0.074%	$378K	$578K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	268.78	+0.115%	$5.2M	$3.8M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	268.43	−0.015%	$238K	$670K	75x	as long as short
Pacifica BCH	+0.0100%	1h	267.82	−0.242%	$169K	$453K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	267.69	−0.291%	$21K	$286K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	268.08	−0.145%	$73K	$216K	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0372% / S −0.0574%	1h	268.05	−0.158%	$26K	—	100x	as long as short