Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0066%/8h= +7.2% APRpaid last 24h +0.029%

Price spread now: BingX against dYdX−0.150%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 5 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

Funding pays, the price is against you. BingX is 0.150% cheaper against dYdX than usual: you would sell low and buy high (spread −0.150% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 7.6 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX BCH-USD	270.06	0	get 0.0000% / 1h	26m 04s	$5K	$248	10x
Short	BingX BCH-USDC	269.66	0.0066	get 0.0066% / 8h	1h 26m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against dYdX. 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 dYdXbpFee BingXbpOrdersPrice spread, now −0.150%Rate

Funding earned: $13.86
Price spread: −0.150% → 0.000%: −$14.98
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$21.12
Costs to cover: 0.200%
Break-even: 17.7 days

Slippage unknown: dYdX: no order-book sample; BingX: live order book, 9 min ago. 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 dYdX no order-book sample	—	—	—	—	—
Sell BingX live order book, 9 min ago	1.29 bp	11.1 bp −$11	27.5 bp −$275	106.3 bp −$10.6K	396.7 bp −$198.3K

dYdX: 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
Deribit BCH_USDC-PERPETUAL	−0.0887%	1h	269.73	−0.124%	$457K	$265K	25x	as long as short
Phemex BCHUSDT	−0.0183%	8h	269.72	−0.128%	$4.9M	$6.4M	50x	as long as short
Injective BCH/USDC PERP	−0.0154%	1h	270.20	+0.050%	$721	$130K	12x	as long as short
SoDEX BCH-USD	−0.0117%	1h	269.57	−0.183%	$2K	$6K	10x	as long as short
Variational Omni BCH	−0.0094%	8h	270.22	+0.056%	$86K	$291K	—	as long as short
Extended BCH-USD	−0.0056%	1h	269.64	−0.156%	$116K	$653K	25x	as long as short
MEXC BCH_USDT	−0.0054%	8h	270.10	+0.013%	$70.8M	$6.6M	200x	as long as short
Binance BCHUSDT	−0.0054%	8h	269.61	−0.168%	$75.0M	$233.6M	75x	as long as short
Bybit BCHUSDT	−0.0043%	8h	269.45	−0.228%	$39.4M	$32.9M	75x	as long as short
Gate BCH_USDT	−0.0004%	8h	269.62	−0.165%	$8.4M	$14.8M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX BCH-USDlong	0.0000%	1h	270.06	long leg	$5K	$248	10x
Kalshi KXBCHPERP	0.0000%	8h	270.14	+0.028%	$1.3M	$11.8M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	269.85	−0.078%	$4K	—	150x	as long as short
Bitget BCHUSDT	+0.0004%	8h	269.66	−0.150%	$19.5M	$29.4M	75x	as long as short
GRVT BCH_USDT_Perp	+0.0013%	8h	270.52	+0.167%	$394K	$17K	10x	as long as short
Coinbase International BCH-PERP-INTX	+0.0016%	1h	270.22	+0.058%	$244K	$2.1M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0025%	8h	269.68	−0.142%	$2K	$176	10x	as long as short
BloFin BCH-USDT	+0.0065%	8h	270.03	−0.013%	$4.0M	$4.2M	50x	as long as short
BingX BCH-USDCshort	+0.0066%	8h	269.66	−0.150%	—	$6.5M	—
OKX BCH-USDT-SWAP	+0.0073%	8h	269.60	−0.172%	$26.4M	$78.0M	50x	as long as short
Lighter BCH	+0.0096%	1h	269.65	−0.155%	$377K	$584K	10x	as long as short
Nado BCH-PERP	+0.0100%	1h	269.78	−0.105%	$444K	$427K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	269.92	−0.052%	$6.0M	$4.2M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	269.64	−0.156%	$220K	$703K	75x	as long as short
Pacifica BCH	+0.0100%	1h	269.92	−0.052%	$164K	$468K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	269.79	−0.102%	$9.2M	$8.0M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	270.50	+0.163%	$19K	$288K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	270.65	+0.217%	$73K	$213K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	269.44	−0.231%	$1K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	269.66	−0.150%	$776K	$1.7M	75x	as long as short
Kraken Futures PF_BCHUSD	+0.0113%	1h	269.90	−0.062%	$820K	$3.2M	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0342% / S −0.0467%	1h	270.11	+0.018%	$26K	—	100x	as long as short