Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0153%/8h= −16.7% APRpaid last 24h −0.006%

Price spread now: Bitget against Pacifica−0.117%7-day average −0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

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

costs, in and out, $10k−$400.395% of the position

Long on Pacifica Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.028%+$3 on $10k

Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.117%, 7d avg −0.029%

Together, before fees+0.106%+ Points / potential airdropPacifica: Active · farm board+$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.088% cheaper against Pacifica than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.029%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica BCH	263.63	0.0077	pay 0.0010% / 1h	49m 01s	$160K	$306K	10x
Short	Bitget BCHUSDT	263.32	−0.0076	pay 0.0076% / 8h	4h 49m	$18.9M	$28.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee PacificabpFee BitgetbpOrdersPrice spread, now −0.117%Rate

Funding earned: −$32.04
Price spread: −0.117% → −0.029%: −$8.81
Slippage, 4 orders: −$19.51
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$80.36
Costs to cover: 0.395%
Break-even: never at this rate

Slippage from Pacifica: live order book, 9 min ago; Bitget: live order book, 5 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 Pacifica live order book, 9 min ago	0.19 bp	11.1 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	0.94 bp	9.5 bp −$10	14.5 bp −$145	41.1 bp −$4,107	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
SunX BCH-USDT	−0.0799%	8h	263.34	−0.110%	$1K	$1.7M	30x	as long as short
SoDEX BCH-USD	−0.0405%	1h	263.39	−0.091%	$2K	$8K	10x	as long as short
HTX BCH-USDT	−0.0339%	8h	263.48	−0.057%	$768K	$1.4M	75x	as long as short
Phemex BCHUSDT	−0.0325%	8h	263.56	−0.026%	$4.9M	$6.4M	50x	as long as short
Nado BCH-PERP	−0.0198%	1h	263.45	−0.068%	$419K	$338K	10x	as long as short
GRVT BCH_USDT_Perp	−0.0114%	8h	264.97	+0.507%	$386K	$17K	10x	as long as short
Binance BCHUSDT	−0.0105%	8h	263.48	−0.057%	$71.7M	$213.4M	75x	as long as short
Gate BCH_USDT	−0.0105%	8h	263.43	−0.076%	$8.2M	$13.3M	75x	as long as short
MEXC BCH_USDT	−0.0105%	8h	263.66	+0.011%	$69.7M	$7.4M	200x	as long as short
Extended BCH-USD	−0.0104%	1h	263.39	−0.090%	$111K	$951K	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BCH-PERP-INTX	−0.0104%	1h	264.21	+0.220%	$220K	$1.8M	50x	as long as short
OKX BCH-USDT-SWAP	−0.0093%	8h	263.40	−0.087%	$24.8M	$73.8M	50x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0091%	1h	263.56	−0.025%	$441K	$331K	25x	as long as short
Variational Omni BCH	−0.0089%	8h	263.90	+0.104%	$81K	$201K	—	as long as short
KuCoin BCHUSDTM	−0.0089%	8h	263.42	−0.080%	$8.5M	$7.1M	75x	as long as short
ApeX Omni BCHUSDT	−0.0080%	1h	264.13	+0.190%	$96K	$228K	50x	as long as short
Bitget BCHUSDTshort	−0.0076%	8h	263.32	−0.117%	$18.9M	$28.1M	75x
Bybit BCHUSDT	−0.0035%	8h	263.40	−0.087%	$38.9M	$30.9M	75x	as long as short
BingX BCH-USDT	−0.0025%	8h	263.41	−0.083%	—	$32.1M	—	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	263.68	+0.017%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	263.93	+0.114%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	263.94	+0.118%	$1.0M	$10.2M	2.7x	as long as short
Kraken Futures PF_BCHUSD	+0.0011%	1h	263.58	−0.019%	$845K	$3.0M	50x	as long as short
BloFin BCH-USDT	+0.0015%	8h	263.43	−0.076%	$3.9M	$4.2M	50x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.492%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0035%	8h	263.36	−0.102%	$2K	$176	10x	as long as short
Pacifica BCHlong	+0.0077%	1h	263.63	long leg	$160K	$306K	10x
Lighter BCH	+0.0096%	1h	263.45	−0.069%	$360K	$482K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	263.64	+0.004%	$5.7M	$4.6M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	263.71	+0.029%	$167K	$520K	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	264.82	+0.452%	$19K	$290K	20x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0356% / S −0.0525%	1h	263.58	−0.018%	$25K	—	100x	as long as short