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

BCH

all BCH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0023%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h −0.012%
Price spread now: ApeX Omni against Pacifica+0.267%51s7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.435% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.117%+$12 on $10k
Price spread, last 4 days (all we have)−0.146%−$15 · spread now +0.267%, 7d avg +0.038%
Together, before fees−0.029%+ Points / potential airdropPacifica: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.229% dearer against Pacifica than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.038%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica BCH264.610.0077pay 0.0010% / 1h22m 28s$159K$307K10x
ShortApeX Omni BCHUSDT265.320.0100get 0.0013% / 1h22m 28s$97K$230K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Pacifica. 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
$4.92
Price spread: +0.267% → +0.038%
$22.93
Slippage, 4 orders
−$25.5
Fee Pacifica: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$15.65
Costs to cover
0.435%
Break-even
29.3 days
Slippage from Pacifica: live order book, 36 min ago; ApeX Omni: live order book, 34 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 Pacifica live order book, 36 min ago0.19 bp11.1 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 34 min ago4.53 bp12.3 bp −$12104.0 bp −$1,040doesn'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
SunX BCH-USDT−0.0520%8h264.47−0.054%$1K$1.7M30xas long as short
Phemex BCHUSDT−0.0278%8h264.62+0.002%$4.9M$6.4M50xas long as short
HTX BCH-USDT−0.0258%8h264.42−0.073%$771K$1.4M75xas long as short
Nado BCH-PERP−0.0255%1h264.57−0.016%$431K$342K10xas long as short
SoDEX BCH-USD−0.0198%1h264.68+0.025%$2K$8K10xas long as short
Coinbase International BCH-PERP-INTX−0.0104%1h265.29+0.255%$219K$1.8M50xas long as short
OKX BCH-USDT-SWAP−0.0094%8h264.60−0.005%$24.9M$74.6M50xas long as short
MEXC BCH_USDT−0.0089%8h265.02+0.153%$70.2M$7.8M200xas long as short
KuCoin BCHUSDTM−0.0089%8h264.83+0.082%$8.5M$7.0M75xas long as short
Extended BCH-USD−0.0088%1h264.56−0.021%$115K$950K25xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BCHUSDT−0.0088%8h264.63+0.005%$72.0M$214.1M75xas long as short
Variational Omni BCH−0.0078%8h265.10+0.184%$81K$201Kas long as short
Gate BCH_USDT−0.0077%8h264.71+0.036%$8.3M$13.6M75xas long as short
GRVT BCH_USDT_Perp−0.0076%8h265.47+0.323%$387K$17K10xas long as short
Bitget BCHUSDT−0.0073%8h264.60−0.005%$19.0M$28.1M75xas long as short
Deribit BCH_USDC-PERPETUAL−0.0041%1h264.71+0.037%$443K$331K25xas long as short
gTrade (Gains Network) BCH/USDL −0.0004% / S +0.0007%1h264.70+0.033%$15K150xas long as short
dYdX BCH-USD0.0000%1h264.75+0.050%$5K$24810xas long as short
Kalshi KXBCHPERP0.0000%8h264.89+0.104%$1.0M$10.3M2.7xas long as short
BingX BCH-USDC+0.0008%8h264.64+0.010%$6.5Mas long as short
Kraken Futures PF_BCHUSD+0.0011%1h264.90+0.107%$849K$3.0M50xas long as short
Bybit BCHUSDT+0.0012%8h264.54−0.028%$39.1M$31.0M75xas long as short
BloFin BCH-USDT+0.0031%8h264.76+0.055%$3.9M$4.3M50xas long as short
Injective BCH/USDC PERP+0.0033%1h270.20+2.111%$721$130K12xas long as short
Orderly PERP_BCH_USDC+0.0037%8h264.63+0.006%$2K$17610xas long as short
Pacifica BCHlong+0.0077%1h264.61long leg$159K$307K10x
Lighter BCH+0.0096%1h264.57−0.017%$358K$488K10xas long as short
Aster BCHUSDT+0.0099%8h264.48−0.050%$166K$516K75xas long as short
Hyperliquid BCH+0.0100%1h264.94+0.123%$5.7M$4.6M10xas long as short
edgeX BCHUSDC+0.0100%4h265.13+0.196%$19K$288K20xas long as short
ApeX Omni BCHUSDTshort+0.0100%1h265.32+0.267%$97K$230K50x
GMX BCH/USD [WBTC.b-USDC]L +0.0350% / S −0.0506%1h264.610.000%$24K100xas long as short