Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0023%/8h= −2.5% APRpaid last 24h +0.025%

Price spread now: ApeX Omni against Bybit−0.011%59s7-day average +0.071% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$430.432% of the position

Long on Bybit Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.110%+$11 on $10k

Price spread, last 4 days (all we have)+0.145%+$14 · spread now −0.011%, 7d avg +0.071%

Together, before fees+0.254%+$25 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and ApeX Omni is 0.083% cheaper against Bybit than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.071%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.110%, so the current rate has only just turned against you. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BCHUSDT	270.00	0.0007	pay 0.0007% / 8h	5h 08m	$40.6M	$31.6M	75x
Short	ApeX Omni BCHUSDT	269.97	−0.0015	pay 0.0002% / 1h	8m 33s	$49K	$274K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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 BybitbpFee ApeX OmnibpOrdersPrice spread, now −0.011%Rate

Funding earned: −$4.74
Price spread: −0.011% → +0.071%: −$8.26
Slippage, 4 orders: −$22.22
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$56.22
Costs to cover: 0.432%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; ApeX Omni: live order book, 36 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 Bybit live order book, 3 min ago	1.85 bp	9.3 bp −$9	18.3 bp −$183	66.4 bp −$6,641	doesn't fit
Sell ApeX Omni live order book, 36 min ago	4.45 bp	11.5 bp −$11	87.4 bp −$874	doesn't fit	doesn't fit

BCH on 32 exchanges

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	−0.0385%	1h	269.49	−0.189%	$2K	$8K	10x	as long as short
Phemex BCHUSDT	−0.0220%	8h	269.94	−0.022%	$5.0M	$6.3M	50x	as long as short
OKX BCH-USDT-SWAP	−0.0131%	8h	269.90	−0.037%	$26.1M	$74.7M	50x	as long as short
Variational Omni BCH	−0.0110%	8h	269.68	−0.117%	$163K	$241K	—	as long as short
GRVT BCH_USDT_Perp	−0.0091%	8h	269.94	−0.021%	$394K	$17K	10x	as long as short
Gate BCH_USDT	−0.0090%	8h	269.98	−0.007%	$8.1M	$13.3M	75x	as long as short
Extended BCH-USD	−0.0088%	1h	269.84	−0.059%	$121K	$924K	25x	as long as short
Binance BCHUSDT	−0.0087%	8h	269.91	−0.033%	$75.8M	$200.5M	75x	as long as short
MEXC BCH_USDT	−0.0086%	8h	270.71	+0.263%	$74.0M	$10.1M	200x	as long as short
ApeX Omni BCHUSDTshort	−0.0015%	1h	269.97	−0.011%	$49K	$274K	50x

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BCHUSDT	−0.0012%	8h	269.95	−0.019%	$19.3M	$26.0M	75x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0010%	1h	269.63	−0.138%	$425K	$358K	25x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0003% / S +0.0007%	1h	269.71	−0.108%	$18K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	270.12	+0.046%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	270.25	+0.093%	$1.0M	$8.7M	2.7x	as long as short
BingX BCH-USDT	+0.0002%	8h	270.00	0.000%	—	$13.7M	—	as long as short
KuCoin BCHUSDTM	+0.0003%	8h	269.98	−0.007%	$8.8M	$5.5M	75x	as long as short
Bybit BCHUSDTlong	+0.0007%	8h	270.00	long leg	$40.6M	$31.6M	75x
Kraken Futures PF_BCHUSD	+0.0024%	1h	269.69	−0.113%	$902K	$2.4M	50x	as long as short
Aster BCHUSDT	+0.0032%	8h	269.92	−0.030%	$152K	$511K	75x	as long as short
Pacifica BCH	+0.0033%	1h	270.06	+0.021%	$152K	$274K	10x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+0.074%	$721	$130K	12x	as long as short
BloFin BCH-USDT	+0.0035%	8h	269.46	−0.200%	$3.7M	$5.6M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0041%	8h	269.46	−0.200%	$2K	$540	10x	as long as short
Nado BCH-PERP	+0.0074%	1h	269.57	−0.159%	$454K	$384K	10x	as long as short
Lighter BCH	+0.0096%	1h	270.14	+0.053%	$396K	$451K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	270.38	+0.141%	$9.2M	$6.7M	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	269.74	−0.096%	$19K	$345K	20x	as long as short
SunX BCH-USDT	+0.0100%	8h	269.34	−0.244%	$1K	$1.3M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	269.74	−0.096%	$792K	$1.2M	75x	as long as short
Coinbase International BCH-PERP-INTX	+0.0200%	1h	270.53	+0.196%	$364K	$2.3M	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0246% / S −0.0244%	1h	269.92	−0.029%	$17K	—	100x	as long as short