Settings8H · net · $10k
Funding arb · Price arb /

BCH

all BCH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0122%/8h= +13.4% APRpaid last 24h +0.087%
Price spread now: BingX against Deribit+0.052%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$460.460% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.246%+$25 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BingX is 0.052% dearer against Deribit than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit BCH_USDC-PERPETUAL266.41−0.0166get 0.0021% / 1h31m 01s$447K$311K25x
ShortBingX BCH-USDC266.55−0.0044pay 0.0044% / 8h5h 31m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Deribit. 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
$25.72
Price spread: +0.052% → 0.000%
$5.22
Slippage, 4 orders
−$28.97
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee BingX: 5 bp × 2 orders
−$10
Net
−$15.03
Costs to cover
0.460%
Break-even
11.1 days
Slippage from Deribit: live order book, 33 min ago; BingX: live order book, 4 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 Deribit live order book, 33 min ago3.09 bp7.9 bp −$814.3 bp −$143doesn't fitdoesn't fit
Sell BingX live order book, 4 min ago1.13 bp15.9 bp −$1634.8 bp −$348118.1 bp −$11.8K472.4 bp −$236.2K

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−0.1619%8h266.30−0.042%$1K$1.7M30xas long as short
HTX BCH-USDT−0.0510%8h266.33−0.030%$774K$1.5M75xas long as short
Phemex BCHUSDT−0.0470%8h266.33−0.030%$4.9M$6.6M50xas long as short
SoDEX BCH-USD−0.0310%1h266.39−0.008%$2K$8K10xas long as short
Deribit BCH_USDC-PERPETUALlong−0.0166%1h266.41long leg$447K$311K25x
GRVT BCH_USDT_Perp−0.0158%8h265.91−0.188%$388K$17K10xas long as short
Nado BCH-PERP−0.0131%1h266.35−0.023%$421K$339K10xas long as short
Coinbase International BCH-PERP-INTX−0.0128%1h265.51−0.338%$226K$1.8M50xas long as short
Gate BCH_USDT−0.0117%8h266.52+0.041%$8.3M$13.3M75xas long as short
Extended BCH-USD−0.0112%1h266.17−0.089%$116K$956K25xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BCHUSDT−0.0110%8h266.50+0.035%$72.6M$214.5M75xas long as short
MEXC BCH_USDT−0.0110%8h266.80+0.146%$70.3M$6.9M200xas long as short
Variational Omni BCH−0.0104%8h266.20−0.081%$82K$201Kas long as short
ApeX Omni BCHUSDT−0.0069%1h265.81−0.226%$97K$227K50xas long as short
OKX BCH-USDT-SWAP−0.0065%8h266.50+0.033%$25.3M$74.3M50xas long as short
KuCoin BCHUSDTM−0.0060%8h266.40−0.004%$8.6M$7.2M75xas long as short
Bitget BCHUSDT−0.0058%8h266.42+0.003%$19.2M$28.3M75xas long as short
Bybit BCHUSDT−0.0049%8h266.50+0.033%$39.3M$31.1M75xas long as short
BingX BCH-USDCshort−0.0044%8h266.55+0.052%$6.5M
Kraken Futures PF_BCHUSD−0.0031%1h266.60+0.073%$855K$3.0M50xas long as short
gTrade (Gains Network) BCH/USDL −0.0004% / S +0.0007%1h266.42+0.004%$15K150xas long as short
dYdX BCH-USD0.0000%1h266.50+0.032%$5K$24810xas long as short
Kalshi KXBCHPERP0.0000%8h266.64+0.086%$1.1M$10.3M2.7xas long as short
BloFin BCH-USDT+0.0010%8h266.28−0.049%$3.9M$4.2M50xas long as short
Pacifica BCH+0.0021%1h266.42+0.003%$162K$322K10xas long as short
Orderly PERP_BCH_USDC+0.0033%8h266.34−0.027%$2K$17610xas long as short
Injective BCH/USDC PERP+0.0033%1h270.20+1.422%$721$130K12xas long as short
Lighter BCH+0.0096%1h266.47+0.022%$367K$479K10xas long as short
Hyperliquid BCH+0.0100%1h266.76+0.131%$5.7M$4.7M10xas long as short
Aster BCHUSDT+0.0100%8h266.36−0.019%$168K$519K75xas long as short
edgeX BCHUSDC+0.0100%4h265.74−0.252%$19K$292K20xas long as short
GMX BCH/USD [WBTC.b-USDC]L +0.0357% / S −0.0525%1h266.45+0.016%$25K100xas long as short