Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.020%

Price spread now: dYdX against SunX−0.038%7-day average — · you buy dearer than you sell

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

Long on SunX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 6 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 −$3 a day on $10k at the current rate, and dYdX is 0.038% cheaper against SunX than usual: you would sell low and buy high (−$4 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	SunX BCH-USDT	266.60	0.0100	pay 0.0100% / 8h	7h 33m	$2K	$1.6M	30x
Short	dYdX BCH-USD	266.50	0	get 0.0000% / 1h	33m 25s	$5K	$240	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against SunX. 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 SunXbpFee dYdXbpOrdersPrice spread, now −0.038%Rate

Funding earned: −$21
Price spread: −0.038% → 0.000%: −$3.76
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$42.76
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 12 min ago; dYdX: 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 SunX live order book, 12 min ago	19.79 bp	40.2 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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-USD	−0.0367%	1h	266.94	+0.128%	$2K	$8K	10x	as long as short
GRVT BCH_USDT_Perp	−0.0180%	8h	266.85	+0.096%	$389K	$17K	10x	as long as short
Kraken Futures PF_BCHUSD	−0.0158%	1h	267.20	+0.226%	$871K	$2.7M	50x	as long as short
Phemex BCHUSDT	−0.0134%	8h	266.85	+0.094%	$4.9M	$6.5M	50x	as long as short
Variational Omni BCH	−0.0129%	8h	266.91	+0.115%	$149K	$262K	—	as long as short
OKX BCH-USDT-SWAP	−0.0097%	8h	266.00	−0.225%	$25.2M	$78.1M	50x	as long as short
KuCoin BCHUSDTM	−0.0074%	8h	266.26	−0.128%	$8.5M	$6.2M	75x	as long as short
Bitget BCHUSDT	−0.0071%	8h	266.05	−0.206%	$19.2M	$27.2M	75x	as long as short
Extended BCH-USD	−0.0056%	1h	266.03	−0.214%	$119K	$912K	25x	as long as short
Binance BCHUSDT	−0.0054%	8h	266.11	−0.184%	$73.5M	$216.1M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BCH_USDT	−0.0053%	8h	266.73	+0.049%	$71.5M	$9.3M	200x	as long as short
Gate BCH_USDT	−0.0044%	8h	266.35	−0.094%	$8.3M	$12.9M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	267.08	+0.181%	$15K	—	150x	as long as short
Pacifica BCH	−0.0002%	1h	266.26	−0.128%	$155K	$296K	10x	as long as short
dYdX BCH-USDshort	0.0000%	1h	266.50	−0.038%	$5K	$240	10x
Kalshi KXBCHPERP	0.0000%	8h	267.19	+0.221%	$1.0M	$9.1M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	267.35	+0.281%	$420K	$359K	25x	as long as short
Aster BCHUSDT	+0.0007%	8h	266.48	−0.044%	$143K	$574K	75x	as long as short
Bybit BCHUSDT	+0.0031%	8h	266.14	−0.173%	$39.4M	$32.2M	75x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.350%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0044%	8h	267.16	+0.210%	$2K	—	10x	as long as short
BloFin BCH-USDT	+0.0067%	8h	266.84	+0.090%	$3.5M	$5.1M	50x	as long as short
Coinbase International BCH-PERP-INTX	+0.0088%	1h	268.36	+0.660%	$304K	$2.1M	50x	as long as short
Lighter BCH	+0.0096%	1h	266.42	−0.068%	$375K	$495K	10x	as long as short
Nado BCH-PERP	+0.0100%	1h	266.22	−0.143%	$427K	$352K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	266.45	−0.056%	$5.8M	$4.7M	10x	as long as short
BingX BCH-USDT	+0.0100%	8h	266.29	−0.116%	—	$15.2M	—	as long as short
edgeX BCHUSDC	+0.0100%	4h	266.89	+0.107%	$19K	$345K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	267.84	+0.465%	$97K	$241K	50x	as long as short
SunX BCH-USDTlong	+0.0100%	8h	266.60	long leg	$2K	$1.6M	30x
HTX BCH-USDT	+0.0100%	8h	266.97	+0.139%	$778K	$1.4M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	267.04	+0.165%	$12K	—	100x	as long as short