Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0328%/8h= −35.9% APRpaid last 24h −0.069%

Price spread now: SoDEX against Binance+0.290%7-day average — · you sell dearer than you buy

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

Long on Binance Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread pays, funding is against you. SoDEX is 0.290% dearer against Binance than usual: you sell high and buy low (spread +0.290% now, against zero (this spread has no 7-day history yet)): +$29 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BCHUSDT	265.38	−0.0057	get 0.0057% / 8h	7h 30m	$73.3M	$217.5M	75x
Short	SoDEX BCH-USD	266.15	−0.0385	pay 0.0048% / 1h	30m 42s	$2K	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Binance. 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 BinancebpFee SoDEXbpOrdersPrice spread, now +0.290%Rate

Funding earned: −$68.86
Price spread: +0.290% → 0.000%: $29.01
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$57.84
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: Binance: live order book, 13 min ago; SoDEX: 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 Binance live order book, 13 min ago	0.19 bp	8.3 bp −$8	18.4 bp −$184	55.3 bp −$5,527	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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-USDshort	−0.0385%	1h	266.15	+0.290%	$2K	$8K	10x
GRVT BCH_USDT_Perp	−0.0180%	8h	266.85	+0.556%	$389K	$17K	10x	as long as short
Kraken Futures PF_BCHUSD	−0.0159%	1h	266.38	+0.376%	$869K	$2.7M	50x	as long as short
Variational Omni BCH	−0.0132%	8h	266.11	+0.274%	$148K	$261K	—	as long as short
OKX BCH-USDT-SWAP	−0.0099%	8h	265.10	−0.106%	$25.1M	$78.0M	50x	as long as short
Bitget BCHUSDT	−0.0073%	8h	265.06	−0.121%	$19.1M	$27.6M	75x	as long as short
KuCoin BCHUSDTM	−0.0071%	8h	265.94	+0.211%	$8.5M	$6.2M	75x	as long as short
Binance BCHUSDTlong	−0.0057%	8h	265.38	long leg	$73.3M	$217.5M	75x
Extended BCH-USD	−0.0056%	1h	265.78	+0.152%	$116K	$918K	25x	as long as short
MEXC BCH_USDT	−0.0055%	8h	266.43	+0.396%	$71.5M	$9.3M	200x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BCH_USDT	−0.0052%	8h	265.89	+0.192%	$8.3M	$13.0M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	266.33	+0.359%	$15K	—	150x	as long as short
Pacifica BCH	−0.0002%	1h	266.17	+0.298%	$155K	$296K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	266.29	+0.342%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	266.46	+0.407%	$1.0M	$9.1M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	266.31	+0.349%	$418K	$359K	25x	as long as short
Aster BCHUSDT	+0.0004%	8h	265.24	−0.054%	$143K	$577K	75x	as long as short
Phemex BCHUSDT	+0.0008%	8h	266.28	+0.339%	$4.9M	$6.5M	50x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.816%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0043%	8h	266.19	+0.305%	$2K	—	10x	as long as short
Bybit BCHUSDT	+0.0053%	8h	265.30	−0.030%	$39.2M	$32.4M	75x	as long as short
BingX BCH-USDT	+0.0056%	8h	265.90	+0.196%	—	$15.2M	—	as long as short
BloFin BCH-USDT	+0.0063%	8h	266.20	+0.309%	$3.6M	$5.1M	50x	as long as short
Coinbase International BCH-PERP-INTX	+0.0088%	1h	268.36	+1.123%	$304K	$2.1M	50x	as long as short
Lighter BCH	+0.0096%	1h	265.44	+0.022%	$374K	$497K	10x	as long as short
Nado BCH-PERP	+0.0100%	1h	266.14	+0.288%	$427K	$351K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.46	+0.030%	$5.8M	$4.8M	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	266.26	+0.331%	$19K	$345K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	266.30	+0.347%	$96K	$241K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	265.96	+0.219%	$2K	$1.6M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	266.13	+0.283%	$776K	$1.4M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	266.25	+0.327%	$12K	—	100x	as long as short