Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0025%/8h= −2.7% APRpaid last 24h +0.023%

Price spread now: KuCoin against Extended+0.120%7-day average +0.076% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$460.464% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.134%+$13 on $10k

Price spread, last 4 days (all we have)−0.027%−$3 · spread now +0.120%, 7d avg +0.076%

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

The price spread pays, funding is against you. KuCoin is 0.044% dearer against Extended than usual: you sell high and buy low (spread +0.120% now, against its 7-day average of +0.076%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.8 days. Mind the row above: over the last 7 days funding on this pair paid +0.134%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended BCH-USD	264.66	−0.0072	get 0.0009% / 1h	21m 15s	$112K	$960K	25x
Short	KuCoin BCHUSDTM	264.98	−0.0097	pay 0.0097% / 8h	3h 21m	$8.5M	$6.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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 ExtendedbpFee KuCoinbpOrdersPrice spread, now +0.120%Rate

Funding earned: −$5.25
Price spread: +0.120% → +0.076%: $4.37
Slippage, 4 orders: −$29.41
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$47.29
Costs to cover: 0.464%
Break-even: never at this rate

Slippage from Extended: live order book, 32 min ago; KuCoin: live order book, 2 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 Extended live order book, 32 min ago	0.94 bp	7.1 bp −$7	99.9 bp −$999	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	1.71 bp	16.2 bp −$16	49.2 bp −$492	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	−0.0283%	1h	264.69	+0.011%	$2K	$8K	10x	as long as short
Phemex BCHUSDT	−0.0250%	8h	264.66	−0.001%	$4.9M	$6.4M	50x	as long as short
HTX BCH-USDT	−0.0241%	8h	264.73	+0.026%	$772K	$1.4M	75x	as long as short
Nado BCH-PERP	−0.0188%	1h	264.80	+0.052%	$430K	$347K	10x	as long as short
SunX BCH-USDT	−0.0188%	8h	264.57	−0.035%	$2K	$1.7M	30x	as long as short
KuCoin BCHUSDTMshort	−0.0097%	8h	264.98	+0.120%	$8.5M	$6.9M	75x
OKX BCH-USDT-SWAP	−0.0089%	8h	264.60	−0.024%	$25.1M	$76.2M	50x	as long as short
Bitget BCHUSDT	−0.0085%	8h	264.69	+0.011%	$18.9M	$28.3M	75x	as long as short
Extended BCH-USDlong	−0.0072%	1h	264.66	long leg	$112K	$960K	25x
Binance BCHUSDT	−0.0071%	8h	264.79	+0.050%	$71.9M	$215.8M	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	−0.0070%	8h	265.31	+0.245%	$70.2M	$7.9M	200x	as long as short
Coinbase International BCH-PERP-INTX	−0.0064%	1h	264.31	−0.133%	$217K	$1.8M	50x	as long as short
Variational Omni BCH	−0.0063%	8h	264.40	−0.099%	$81K	$196K	—	as long as short
Kraken Futures PF_BCHUSD	−0.0051%	1h	264.94	+0.107%	$857K	$3.0M	50x	as long as short
GRVT BCH_USDT_Perp	−0.0045%	8h	264.54	−0.047%	$386K	$17K	10x	as long as short
Gate BCH_USDT	−0.0035%	8h	264.80	+0.052%	$8.3M	$13.7M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	264.93	+0.102%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	264.87	+0.077%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	264.35	−0.118%	$992K	$10.4M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	264.89	+0.085%	$443K	$331K	25x	as long as short
Bybit BCHUSDT	+0.0016%	8h	264.65	−0.005%	$39.0M	$31.3M	75x	as long as short
BingX BCH-USDC	+0.0017%	8h	264.72	+0.022%	—	$6.5M	—	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.092%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0046%	8h	264.74	+0.029%	$2K	$176	10x	as long as short
BloFin BCH-USDT	+0.0050%	8h	264.12	−0.205%	$3.9M	$4.3M	50x	as long as short
Aster BCHUSDT	+0.0082%	8h	264.69	+0.011%	$150K	$546K	75x	as long as short
Lighter BCH	+0.0096%	1h	264.59	−0.028%	$355K	$495K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.12	+0.173%	$5.7M	$4.6M	10x	as long as short
Pacifica BCH	+0.0100%	1h	264.76	+0.036%	$159K	$305K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	264.21	−0.170%	$18K	$322K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	264.32	−0.129%	$96K	$234K	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0358% / S −0.0530%	1h	264.87	+0.080%	$25K	—	100x	as long as short