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

BCH

all BCH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0653%/8h= +71.5% APRnext payment +$6.53 per $10,000 · paid last 24h −0.006%
Price spread now: Binance against SunX+0.135%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$860.859% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.155%−$16 on $10k
Price spread, last 4 days (all we have)−0.031%−$3 · spread now +0.135%, 7d avg +0.031%
Together, before fees−0.187%−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Binance is 0.104% dearer against SunX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.031%. Mind the row above: over the last 7 days funding on this pair cost −0.155%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.155% in total (about -8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.53 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BCH-USDT263.55−0.0759get 0.0759% / 8h4h 44m$1K$1.7M30x
ShortBinance BCHUSDT263.91−0.0106pay 0.0106% / 8h4h 44m$71.9M$213.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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
$137.14
Price spread: +0.135% → +0.031%
$10.44
Slippage, 4 orders
−$67.93
Fee SunX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
$61.65
Costs to cover
0.859%
Break-even
3.9 days
Slippage from SunX: live order book, 10 min ago; Binance: live order book, 13 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 SunX live order book, 10 min ago19.64 bp40.3 bp −$40doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 13 min ago0.19 bp8.5 bp −$915.5 bp −$15544.5 bp −$4,448122.0 bp −$61.0K

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-USDTlong−0.0759%8h263.55long leg$1K$1.7M30x
HTX BCH-USDT−0.0335%8h263.43−0.046%$768K$1.4M75xas long as short
SoDEX BCH-USD−0.0331%1h263.70+0.057%$2K$8K10xas long as short
Phemex BCHUSDT−0.0298%8h263.67+0.046%$4.9M$6.3M50xas long as short
Nado BCH-PERP−0.0219%1h263.71+0.063%$419K$338K10xas long as short
GRVT BCH_USDT_Perp−0.0122%8h263.49−0.024%$384K$17K10xas long as short
ApeX Omni BCHUSDT−0.0112%1h263.64+0.034%$96K$228K50xas long as short
MEXC BCH_USDT−0.0106%8h264.34+0.300%$70.0M$7.5M200xas long as short
Binance BCHUSDTshort−0.0106%8h263.91+0.135%$71.9M$213.5M75x
Extended BCH-USD−0.0104%1h263.84+0.110%$111K$951K25xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BCH-PERP-INTX−0.0104%1h263.76+0.080%$219K$1.8M50xas long as short
Gate BCH_USDT−0.0099%8h263.92+0.140%$8.3M$13.4M75xas long as short
OKX BCH-USDT-SWAP−0.0093%8h263.70+0.057%$24.9M$74.1M50xas long as short
KuCoin BCHUSDTM−0.0093%8h263.99+0.167%$8.5M$7.1M75xas long as short
Variational Omni BCH−0.0085%8h263.60+0.019%$81K$201Kas long as short
Bitget BCHUSDT−0.0077%8h263.87+0.121%$19.0M$28.1M75xas long as short
Bybit BCHUSDT−0.0029%8h263.90+0.133%$39.0M$30.9M75xas long as short
BingX BCH-USDC−0.0028%8h263.85+0.114%$6.5Mas long as short
gTrade (Gains Network) BCH/USDL −0.0004% / S +0.0007%1h263.93+0.145%$15K150xas long as short
dYdX BCH-USD0.0000%1h263.85+0.113%$5K$24810xas long as short
Kalshi KXBCHPERP0.0000%8h264.10+0.209%$1.0M$10.2M2.7xas long as short
Deribit BCH_USDC-PERPETUAL0.0000%1h263.90+0.135%$442K$331K25xas long as short
Kraken Futures PF_BCHUSD+0.0011%1h263.91+0.136%$846K$3.0M50xas long as short
BloFin BCH-USDT+0.0014%8h263.69+0.053%$3.9M$4.2M50xas long as short
Injective BCH/USDC PERP+0.0033%1h270.20+2.523%$721$130K12xas long as short
Orderly PERP_BCH_USDC+0.0035%8h263.76+0.080%$2K$17610xas long as short
Pacifica BCH+0.0077%1h263.72+0.065%$160K$306K10xas long as short
Lighter BCH+0.0096%1h263.77+0.085%$360K$484K10xas long as short
Hyperliquid BCH+0.0100%1h264.04+0.186%$5.7M$4.6M10xas long as short
Aster BCHUSDT+0.0100%8h263.94+0.147%$166K$520K75xas long as short
edgeX BCHUSDC+0.0100%4h263.39−0.059%$19K$291K20xas long as short
GMX BCH/USD [WBTC.b-USDC]L +0.0356% / S −0.0525%1h263.89+0.127%$25K100xas long as short