Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h −0.023%

Price spread now: Extended against BingX−0.076%7-day average −0.058% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$260.256% of the position

Long on BingX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.112%−$11 on $10k

Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.076%, 7d avg −0.058%

Together, before fees−0.108%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.058%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BCH-USDT	264.03	−0.0038	get 0.0038% / 8h	1h 34m	—	$32.9M	—
Short	Extended BCH-USD	263.83	−0.0048	pay 0.0006% / 1h	34m 02s	$112K	$775K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against BingX. 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 BingXbpFee ExtendedbpOrdersPrice spread, now −0.076%Rate

Funding earned: −$2.1
Price spread: −0.076% → −0.058%: −$1.8
Slippage, 4 orders: −$10.61
Fee BingX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$29.51
Costs to cover: 0.256%
Break-even: never at this rate

Slippage from BingX: live order book, 10 min ago; Extended: live order book, 4 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 BingX live order book, 10 min ago	0.57 bp	6.1 bp −$6	7.2 bp −$72	11.6 bp −$1,157	19.9 bp −$9,959
Sell Extended live order book, 4 min ago	0.76 bp	7.0 bp −$7	54.3 bp −$543	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
SoDEX BCH-USD	−0.0436%	1h	263.98	−0.019%	$2K	$8K	10x	as long as short
HTX BCH-USDT	−0.0189%	8h	263.90	−0.049%	$772K	$1.4M	75x	as long as short
Phemex BCHUSDT	−0.0164%	8h	264.04	+0.004%	$4.9M	$6.6M	50x	as long as short
KuCoin BCHUSDTM	−0.0109%	8h	264.11	+0.030%	$8.5M	$6.7M	75x	as long as short
Kraken Futures PF_BCHUSD	−0.0103%	1h	264.18	+0.058%	$859K	$3.0M	50x	as long as short
Bitget BCHUSDT	−0.0091%	8h	264.01	−0.008%	$18.9M	$28.4M	75x	as long as short
Variational Omni BCH	−0.0085%	8h	264.00	−0.010%	$81K	$196K	—	as long as short
OKX BCH-USDT-SWAP	−0.0083%	8h	264.00	−0.011%	$25.2M	$77.9M	50x	as long as short
Bybit BCHUSDT	−0.0063%	8h	264.00	−0.011%	$38.8M	$31.8M	75x	as long as short
Binance BCHUSDT	−0.0051%	8h	264.02	−0.004%	$72.7M	$221.1M	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	−0.0050%	8h	264.36	+0.125%	$70.4M	$8.7M	200x	as long as short
Extended BCH-USDshort	−0.0048%	1h	263.83	−0.076%	$112K	$775K	25x
BingX BCH-USDTlong	−0.0038%	8h	264.03	long leg	—	$32.9M	—
GRVT BCH_USDT_Perp	−0.0026%	8h	264.56	+0.199%	$386K	$17K	10x	as long as short
Gate BCH_USDT	−0.0017%	8h	264.14	+0.042%	$8.3M	$13.8M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	264.24	+0.080%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	264.41	+0.144%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	264.40	+0.140%	$984K	$10.5M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	264.15	+0.047%	$440K	$336K	25x	as long as short
Coinbase International BCH-PERP-INTX	+0.0008%	1h	265.10	+0.405%	$224K	$1.9M	50x	as long as short
Nado BCH-PERP	+0.0014%	1h	264.06	+0.011%	$434K	$356K	10x	as long as short
ApeX Omni BCHUSDT	+0.0032%	1h	264.58	+0.208%	$95K	$238K	50x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.337%	$721	$130K	12x	as long as short
SunX BCH-USDT	+0.0044%	8h	263.80	−0.087%	$2K	$1.7M	30x	as long as short
Orderly PERP_BCH_USDC	+0.0046%	8h	263.98	−0.019%	$2K	$176	10x	as long as short
Aster BCHUSDT	+0.0052%	8h	264.36	+0.125%	$137K	$590K	75x	as long as short
BloFin BCH-USDT	+0.0070%	8h	264.06	+0.011%	$3.9M	$4.5M	50x	as long as short
Lighter BCH	+0.0096%	1h	264.07	+0.015%	$352K	$495K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	264.31	+0.106%	$5.7M	$4.7M	10x	as long as short
Pacifica BCH	+0.0100%	1h	264.10	+0.027%	$158K	$312K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	264.48	+0.172%	$18K	$344K	20x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	264.27	+0.093%	$12K	—	100x	as long as short