Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0111%/8h= +12.2% APRpaid last 24h −0.017%

Price spread now: Extended against SunX−0.052%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$100as in the Funding arb table

Net, price: spread back to 7d avg − costs−$87as in the Price arb table

costs, in and out, $10k−$840.837% of the position

Long on SunX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.168%−$17 on $10k

Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.052%, 7d avg −0.021%

Together, before fees−0.138%+ Points / potential airdropExtended: Active · farm board−$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.031% cheaper against SunX than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of −0.021%). If the spread goes back, that is −$3 on $10k: about 22 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.168%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX BCH-USDT	265.11	−0.0175	get 0.0175% / 8h	3h 28m	$2K	$1.7M	30x
Short	Extended BCH-USD	264.97	−0.0064	pay 0.0008% / 1h	28m 59s	$113K	$956K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.052%Rate

Funding earned: $23.32
Price spread: −0.052% → −0.021%: −$3.11
Slippage, 4 orders: −$70.68
Fee SunX: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$63.47
Costs to cover: 0.837%
Break-even: 26.0 days

Slippage from SunX: live order book, 6 min ago; Extended: live order book, 24 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 SunX live order book, 6 min ago	19.61 bp	40.6 bp −$41	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 24 min ago	0.94 bp	7.1 bp −$7	43.7 bp −$437	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
Phemex BCHUSDT	−0.0260%	8h	265.05	−0.023%	$4.9M	$6.4M	50x	as long as short
HTX BCH-USDT	−0.0223%	8h	265.21	+0.038%	$774K	$1.4M	75x	as long as short
SoDEX BCH-USD	−0.0222%	1h	265.17	+0.023%	$2K	$8K	10x	as long as short
Nado BCH-PERP	−0.0188%	1h	265.25	+0.052%	$430K	$346K	10x	as long as short
SunX BCH-USDTlong	−0.0175%	8h	265.11	long leg	$2K	$1.7M	30x
Deribit BCH_USDC-PERPETUAL	−0.0097%	1h	265.19	+0.030%	$443K	$332K	25x	as long as short
KuCoin BCHUSDTM	−0.0088%	8h	265.20	+0.034%	$8.5M	$6.9M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0086%	8h	265.10	−0.004%	$25.1M	$76.3M	50x	as long as short
Bitget BCHUSDT	−0.0076%	8h	265.00	−0.041%	$18.9M	$28.3M	75x	as long as short
Binance BCHUSDT	−0.0068%	8h	265.04	−0.026%	$71.9M	$215.7M	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	−0.0067%	8h	265.55	+0.166%	$70.3M	$7.9M	200x	as long as short
Extended BCH-USDshort	−0.0064%	1h	264.97	−0.052%	$113K	$956K	25x
Coinbase International BCH-PERP-INTX	−0.0064%	1h	266.30	+0.449%	$219K	$1.8M	50x	as long as short
Variational Omni BCH	−0.0060%	8h	265.90	+0.299%	$81K	$196K	—	as long as short
Kraken Futures PF_BCHUSD	−0.0051%	1h	265.34	+0.088%	$851K	$3.0M	50x	as long as short
GRVT BCH_USDT_Perp	−0.0038%	8h	265.85	+0.279%	$388K	$17K	10x	as long as short
Gate BCH_USDT	−0.0031%	8h	265.11	0.000%	$8.3M	$13.6M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	265.42	+0.118%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	265.80	+0.261%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	265.56	+0.170%	$997K	$10.4M	2.7x	as long as short
BingX BCH-USDC	+0.0017%	8h	265.16	+0.019%	—	$6.5M	—	as long as short
Bybit BCHUSDT	+0.0022%	8h	265.10	−0.004%	$39.1M	$31.2M	75x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.920%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0046%	8h	265.08	−0.011%	$2K	$176	10x	as long as short
BloFin BCH-USDT	+0.0052%	8h	265.35	+0.091%	$3.9M	$4.4M	50x	as long as short
Aster BCHUSDT	+0.0087%	8h	265.35	+0.091%	$150K	$546K	75x	as long as short
Lighter BCH	+0.0096%	1h	265.12	+0.002%	$359K	$492K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.36	+0.094%	$5.7M	$4.6M	10x	as long as short
Pacifica BCH	+0.0100%	1h	265.42	+0.115%	$160K	$305K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	265.52	+0.154%	$18K	$323K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	265.77	+0.249%	$97K	$234K	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0359% / S −0.0530%	1h	265.36	+0.095%	$25K	—	100x	as long as short