Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0243%/8h= −26.6% APRpaid last 24h −0.081%

Price spread now: SoDEX against MEXC−0.269%7-day average — · you buy dearer than you sell

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

Long on MEXC Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 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

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and SoDEX is 0.269% cheaper against MEXC than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BCH_USDT	268.09	−0.0044	get 0.0044% / 8h	5m 18s	$72.1M	$9.1M	200x
Short	SoDEX BCH-USD	267.37	−0.0287	pay 0.0036% / 1h	5m 18s	$2K	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against MEXC. 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 MEXCbpFee SoDEXbpOrdersPrice spread, now −0.269%Rate

Funding earned: −$51.11
Price spread: −0.269% → 0.000%: −$26.86
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$89.97
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 4 min ago; SoDEX: no order-book sample. 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 MEXC live order book, 4 min ago	3.18 bp	5.9 bp −$6	16.5 bp −$165	47.8 bp −$4,779	101.9 bp −$50.9K
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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-USDshort	−0.0287%	1h	267.37	−0.269%	$2K	$8K	10x
Kraken Futures PF_BCHUSD	−0.0217%	1h	267.69	−0.149%	$870K	$2.8M	50x	as long as short
Phemex BCHUSDT	−0.0185%	8h	267.47	−0.231%	$5.0M	$6.5M	50x	as long as short
Variational Omni BCH	−0.0134%	8h	266.21	−0.700%	$82K	$196K	—	as long as short
Bybit BCHUSDT	−0.0115%	8h	267.45	−0.239%	$39.4M	$31.9M	75x	as long as short
KuCoin BCHUSDTM	−0.0079%	8h	267.33	−0.283%	$8.6M	$6.3M	75x	as long as short
Bitget BCHUSDT	−0.0078%	8h	267.36	−0.272%	$19.3M	$27.4M	75x	as long as short
HTX BCH-USDT	−0.0073%	8h	267.32	−0.287%	$781K	$1.4M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0068%	8h	267.30	−0.295%	$25.3M	$78.3M	50x	as long as short
Extended BCH-USD	−0.0048%	1h	267.28	−0.300%	$113K	$912K	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	−0.0044%	8h	267.49	−0.223%	$74.5M	$216.0M	75x	as long as short
MEXC BCH_USDTlong	−0.0044%	8h	268.09	long leg	$72.1M	$9.1M	200x
Gate BCH_USDT	−0.0038%	8h	267.52	−0.213%	$8.4M	$13.8M	75x	as long as short
BingX BCH-USDT	−0.0038%	8h	267.54	−0.205%	—	$15.4M	—	as long as short
GRVT BCH_USDT_Perp	−0.0036%	8h	267.31	−0.291%	$390K	$17K	10x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	267.64	−0.167%	$15K	—	150x	as long as short
Pacifica BCH	−0.0003%	1h	267.01	−0.402%	$160K	$293K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	267.34	−0.282%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	267.76	−0.123%	$1.0M	$9.8M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	267.68	−0.153%	$431K	$349K	25x	as long as short
Aster BCHUSDT	+0.0014%	8h	267.56	−0.198%	$138K	$572K	75x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+0.787%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0046%	8h	267.51	−0.216%	$2K	—	10x	as long as short
Nado BCH-PERP	+0.0068%	1h	267.10	−0.369%	$428K	$361K	10x	as long as short
BloFin BCH-USDT	+0.0076%	8h	267.29	−0.298%	$3.5M	$4.6M	50x	as long as short
Coinbase International BCH-PERP-INTX	+0.0088%	1h	267.38	−0.265%	$247K	$2.0M	50x	as long as short
Lighter BCH	+0.0096%	1h	267.50	−0.220%	$355K	$477K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	267.40	−0.257%	$5.8M	$4.7M	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	267.13	−0.359%	$19K	$345K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	267.33	−0.283%	$96K	$242K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	267.33	−0.283%	$2K	$1.6M	30x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0203% / S −0.0147%	1h	267.57	−0.196%	$13K	—	100x	as long as short