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−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h +0.012%
Price spread now: Lighter against ApeX Omni+0.019%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$450.445% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.151%−$15 on $10k
Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.019%, 7d avg −0.048%
Together, before fees−0.253%+ Points / potential airdropLighter: Season 3 · farm board−$25 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.067% dearer against ApeX Omni than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BCHUSDT265.220.0100pay 0.0013% / 1h19m 28s$97K$230K50x
ShortLighter BCH265.270.0096get 0.0012% / 1h19m 28s$359K$488K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against ApeX Omni. 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
−$0.84
Price spread: +0.019% → −0.048%
$6.7
Slippage, 4 orders
−$34.55
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$38.69
Costs to cover
0.445%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 37 min ago; Lighter: live order book, 30 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 ApeX Omni live order book, 37 min ago4.53 bp11.9 bp −$1287.1 bp −$871doesn't fitdoesn't fit
Sell Lighter live order book, 30 min ago6.09 bp10.8 bp −$1156.1 bp −$561150.7 bp −$15.1Kdoesn'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−0.0492%8h264.89−0.124%$1K$1.7M30xas long as short
Phemex BCHUSDT−0.0288%8h265.15−0.026%$4.9M$6.4M50xas long as short
Nado BCH-PERP−0.0252%1h265.34+0.046%$432K$342K10xas long as short
HTX BCH-USDT−0.0251%8h265.23+0.004%$773K$1.4M75xas long as short
SoDEX BCH-USD−0.0174%1h265.15−0.026%$2K$8K10xas long as short
Coinbase International BCH-PERP-INTX−0.0104%1h264.84−0.143%$218K$1.8M50xas long as short
OKX BCH-USDT-SWAP−0.0095%8h265.50+0.106%$25.0M$74.9M50xas long as short
KuCoin BCHUSDTM−0.0090%8h265.30+0.030%$8.5M$7.0M75xas long as short
Binance BCHUSDT−0.0083%8h265.38+0.060%$72.2M$214.0M75xas long as short
MEXC BCH_USDT−0.0082%8h265.67+0.170%$70.5M$7.9M200xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BCH-USD−0.0080%1h265.18−0.015%$112K$956K25xas long as short
Variational Omni BCH−0.0073%8h264.90−0.120%$81K$199Kas long as short
Gate BCH_USDT−0.0073%8h265.41+0.072%$8.4M$13.6M75xas long as short
Bitget BCHUSDT−0.0072%8h265.40+0.068%$19.0M$28.1M75xas long as short
GRVT BCH_USDT_Perp−0.0069%8h264.63−0.221%$386K$17K10xas long as short
gTrade (Gains Network) BCH/USDL −0.0004% / S +0.0007%1h265.33+0.042%$15K150xas long as short
dYdX BCH-USD0.0000%1h265.36+0.052%$5K$24810xas long as short
Kalshi KXBCHPERP0.0000%8h265.38+0.060%$1.0M$10.3M2.7xas long as short
Deribit BCH_USDC-PERPETUAL0.0000%1h265.34+0.045%$444K$331K25xas long as short
BingX BCH-USDC+0.0007%8h265.39+0.064%$6.5Mas long as short
Kraken Futures PF_BCHUSD+0.0011%1h265.40+0.069%$850K$3.0M50xas long as short
Bybit BCHUSDT+0.0015%8h265.38+0.060%$39.2M$31.0M75xas long as short
Injective BCH/USDC PERP+0.0033%1h270.20+1.878%$721$130K12xas long as short
BloFin BCH-USDT+0.0035%8h265.12−0.038%$3.9M$4.3M50xas long as short
Orderly PERP_BCH_USDC+0.0037%8h265.21−0.004%$2K$17610xas long as short
Pacifica BCH+0.0077%1h265.24+0.008%$159K$304K10xas long as short
Lighter BCHshort+0.0096%1h265.27+0.019%$359K$488K10x
Hyperliquid BCH+0.0100%1h265.69+0.177%$5.7M$4.6M10xas long as short
Aster BCHUSDT+0.0100%8h265.30+0.030%$167K$516K75xas long as short
edgeX BCHUSDC+0.0100%4h264.63−0.224%$19K$289K20xas long as short
ApeX Omni BCHUSDTlong+0.0100%1h265.22long leg$97K$230K50x
GMX BCH/USD [WBTC.b-USDC]L +0.0350% / S −0.0506%1h265.32+0.039%$24K100xas long as short