Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0075%/8h= −8.2% APRpaid last 24h +0.030%

Price spread now: BloFin against Pacifica−0.213%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$410.415% of the position

Long on Pacifica Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.225%+$23 on $10k

Price spread, last 3 days (all we have)+0.137%+$14 · spread now −0.213%, 7d avg −0.025%

Together, before fees+0.362%+ Points / potential airdropPacifica: Active · farm board+$36 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 BloFin is 0.188% cheaper against Pacifica than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.025%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.225%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica BCH	268.69	0.0100	pay 0.0013% / 1h	9m 47s	$170K	$460K	10x
Short	BloFin BCH-USDT	268.12	0.0025	get 0.0025% / 8h	2h 09m	$4.0M	$4.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.213%Rate

Funding earned: −$15.8
Price spread: −0.213% → −0.025%: −$18.82
Slippage, 4 orders: −$21.47
Fee Pacifica: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$76.09
Costs to cover: 0.415%
Break-even: never at this rate

Slippage from Pacifica: live order book, 14 min ago; BloFin: live order book, 9 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, 14 min ago	3.35 bp	11.1 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 9 min ago	0.37 bp	8.1 bp −$8	15.8 bp −$158	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	−0.0304%	1h	268.50	−0.071%	$716	$110K	12x	as long as short
Phemex BCHUSDT	−0.0191%	8h	268.71	+0.007%	$4.9M	$6.2M	50x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0181%	1h	268.85	+0.060%	$440K	$247K	25x	as long as short
SoDEX BCH-USD	−0.0143%	1h	268.66	−0.012%	$2K	$6K	10x	as long as short
Extended BCH-USD	−0.0096%	1h	268.52	−0.063%	$115K	$653K	25x	as long as short
MEXC BCH_USDT	−0.0095%	8h	269.23	+0.200%	$71.3M	$6.4M	200x	as long as short
Binance BCHUSDT	−0.0094%	8h	268.60	−0.034%	$74.1M	$229.3M	75x	as long as short
Variational Omni BCH	−0.0070%	8h	268.14	−0.204%	$85K	$291K	—	as long as short
Bitget BCHUSDT	−0.0037%	8h	268.56	−0.049%	$19.9M	$29.0M	75x	as long as short
Coinbase International BCH-PERP-INTX	−0.0024%	1h	268.81	+0.044%	$242K	$2.1M	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BCH_USDT_Perp	−0.0020%	8h	268.20	−0.185%	$391K	$17K	10x	as long as short
Gate BCH_USDT	−0.0018%	8h	268.64	−0.019%	$8.4M	$14.4M	75x	as long as short
Bybit BCHUSDT	−0.0002%	8h	268.60	−0.034%	$39.4M	$32.1M	75x	as long as short
dYdX BCH-USD	0.0000%	1h	268.79	+0.038%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	268.91	+0.081%	$1.1M	$11.3M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	268.86	+0.063%	$4K	—	150x	as long as short
BingX BCH-USDC	+0.0024%	8h	268.62	−0.027%	—	$6.5M	—	as long as short
BloFin BCH-USDTshort	+0.0025%	8h	268.12	−0.213%	$4.0M	$4.1M	50x
Orderly PERP_BCH_USDC	+0.0027%	8h	268.68	−0.004%	$2K	$176	10x	as long as short
OKX BCH-USDT-SWAP	+0.0027%	8h	268.50	−0.071%	$26.3M	$76.1M	50x	as long as short
Kraken Futures PF_BCHUSD	+0.0074%	1h	268.96	+0.101%	$806K	$3.2M	50x	as long as short
Lighter BCH	+0.0096%	1h	268.77	+0.028%	$377K	$581K	10x	as long as short
Nado BCH-PERP	+0.0100%	1h	268.57	−0.044%	$440K	$425K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	268.96	+0.100%	$6.0M	$4.1M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	268.69	0.000%	$236K	$660K	75x	as long as short
Pacifica BCHlong	+0.0100%	1h	268.69	long leg	$170K	$460K	10x
KuCoin BCHUSDTM	+0.0100%	8h	268.80	+0.040%	$8.9M	$7.9M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	268.49	−0.076%	$19K	$290K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	268.55	−0.053%	$73K	$214K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	268.59	−0.038%	$1K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	268.55	−0.053%	$773K	$1.6M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0373% / S −0.0574%	1h	268.86	+0.062%	$26K	—	100x	as long as short