Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0110%/8h= −12.0% APRpaid last 24h −0.027%

Price spread now: Extended against SunX−0.093%7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$100as in the Funding arb table

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$840.841% of the position

Long on SunX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.161%−$16 on $10k

Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.093%, 7d avg −0.018%

Together, before fees−0.044%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.075% cheaper against SunX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.018%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX BCH-USDT	268.29	0.0038	pay 0.0038% / 8h	6h 20m	$2K	$1.4M	30x
Short	Extended BCH-USD	268.04	−0.0072	pay 0.0009% / 1h	20m 21s	$117K	$915K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee SunXbpFee ExtendedbpOrdersPrice spread, now −0.093%Rate

Funding earned: −$23.11
Price spread: −0.093% → −0.018%: −$7.51
Slippage, 4 orders: −$71.13
Fee SunX: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$114.75
Costs to cover: 0.841%
Break-even: never at this rate

Slippage from SunX: live order book, 7 min ago; Extended: live order book, 30 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 SunX live order book, 7 min ago	19.76 bp	41.0 bp −$41	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 30 min ago	0.94 bp	7.1 bp −$7	45.8 bp −$458	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	−0.0401%	1h	268.15	−0.052%	$2K	$8K	10x	as long as short
Phemex BCHUSDT	−0.0217%	8h	268.19	−0.037%	$4.9M	$6.4M	50x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0149%	1h	268.29	0.000%	$422K	$356K	25x	as long as short
Variational Omni BCH	−0.0134%	8h	268.00	−0.110%	$145K	$225K	—	as long as short
Bybit BCHUSDT	−0.0125%	8h	268.14	−0.056%	$39.1M	$31.0M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0118%	8h	268.10	−0.071%	$25.5M	$75.2M	50x	as long as short
GRVT BCH_USDT_Perp	−0.0114%	8h	268.16	−0.047%	$391K	$17K	10x	as long as short
HTX BCH-USDT	−0.0081%	8h	268.35	+0.022%	$785K	$1.3M	75x	as long as short
Extended BCH-USDshort	−0.0072%	1h	268.04	−0.093%	$117K	$915K	25x
Binance BCHUSDT	−0.0071%	8h	268.24	−0.017%	$73.7M	$202.6M	75x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BCH_USDT	−0.0071%	8h	268.84	+0.205%	$72.4M	$9.5M	200x	as long as short
Gate BCH_USDT	−0.0053%	8h	268.29	0.000%	$8.1M	$12.8M	75x	as long as short
KuCoin BCHUSDTM	−0.0031%	8h	268.45	+0.060%	$8.8M	$5.7M	75x	as long as short
Bitget BCHUSDT	−0.0028%	8h	268.39	+0.037%	$19.2M	$27.1M	75x	as long as short
BingX BCH-USDT	−0.0026%	8h	268.29	0.000%	—	$14.3M	—	as long as short
ApeX Omni BCHUSDT	−0.0009%	1h	268.21	−0.030%	$97K	$244K	50x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	268.32	+0.012%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	268.39	+0.038%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	268.69	+0.149%	$1.0M	$8.7M	2.7x	as long as short
Aster BCHUSDT	+0.0029%	8h	268.20	−0.035%	$145K	$527K	75x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+0.712%	$721	$130K	12x	as long as short
SunX BCH-USDTlong	+0.0038%	8h	268.29	long leg	$2K	$1.4M	30x
Orderly PERP_BCH_USDC	+0.0041%	8h	268.21	−0.030%	$2K	$540	10x	as long as short
BloFin BCH-USDT	+0.0048%	8h	268.18	−0.041%	$3.5M	$5.3M	50x	as long as short
Nado BCH-PERP	+0.0064%	1h	268.19	−0.036%	$459K	$375K	10x	as long as short
Pacifica BCH	+0.0095%	1h	268.17	−0.046%	$155K	$278K	10x	as long as short
Lighter BCH	+0.0096%	1h	268.31	+0.007%	$392K	$468K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	268.54	+0.093%	$5.9M	$4.5M	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	268.10	−0.072%	$19K	$345K	20x	as long as short
Kraken Futures PF_BCHUSD	+0.0104%	1h	268.41	+0.044%	$874K	$2.5M	50x	as long as short
Coinbase International BCH-PERP-INTX	+0.0144%	1h	268.64	+0.130%	$359K	$2.1M	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0213% / S −0.0170%	1h	268.34	+0.018%	$14K	—	100x	as long as short