Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0182%/8h= +19.9% APRpaid last 24h −0.024%

Price spread now: Injective against SunX+2.702%7-day average +0.123% · you sell dearer than you buy

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

Long on SunX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.027%+$3 on $10k

Price spread, last 4 days (all we have)−3.646%−$365 · spread now +2.702%, 7d avg +0.123%

Together, before fees−3.619%−$362 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Injective is 2.579% dearer against SunX than usual: you sell high and buy low: +$258 more if the spread goes back to its 7-day average of +0.123%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX BCH-USDT	263.09	−0.0149	get 0.0149% / 8h	3h 00m	$2K	$1.7M	30x
Short	Injective BCH/USDC PERP	270.20	0.0033	get 0.0004% / 1h	0m 38s	$721	$130K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +2.702%Rate

Funding earned: $38.24
Price spread: +2.702% → +0.123%: $257.95
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $288.17
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: SunX: live order book, 5 min ago; Injective: no order-book sample. 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 SunX live order book, 5 min ago	19.72 bp	40.4 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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
SoDEX BCH-USD	−0.0275%	1h	263.22	+0.049%	$2K	$8K	10x	as long as short
HTX BCH-USDT	−0.0236%	8h	262.97	−0.046%	$770K	$1.4M	75x	as long as short
Phemex BCHUSDT	−0.0193%	8h	263.37	+0.106%	$4.9M	$6.4M	50x	as long as short
Nado BCH-PERP	−0.0183%	1h	263.15	+0.023%	$427K	$347K	10x	as long as short
SunX BCH-USDTlong	−0.0149%	8h	263.09	long leg	$2K	$1.7M	30x
KuCoin BCHUSDTM	−0.0106%	8h	263.30	+0.080%	$8.4M	$6.8M	75x	as long as short
Bitget BCHUSDT	−0.0103%	8h	263.13	+0.015%	$18.8M	$28.3M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0083%	8h	263.10	+0.004%	$25.0M	$75.9M	50x	as long as short
Variational Omni BCH	−0.0067%	8h	263.00	−0.033%	$81K	$196K	—	as long as short
MEXC BCH_USDT	−0.0065%	8h	263.69	+0.228%	$69.8M	$7.9M	200x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BCHUSDT	−0.0065%	8h	263.22	+0.049%	$71.4M	$216.2M	75x	as long as short
Extended BCH-USD	−0.0064%	1h	263.18	+0.034%	$113K	$1.1M	25x	as long as short
Coinbase International BCH-PERP-INTX	−0.0064%	1h	263.60	+0.194%	$219K	$1.8M	50x	as long as short
Kraken Futures PF_BCHUSD	−0.0052%	1h	263.36	+0.103%	$844K	$3.0M	50x	as long as short
GRVT BCH_USDT_Perp	−0.0042%	8h	263.89	+0.303%	$385K	$17K	10x	as long as short
Gate BCH_USDT	−0.0029%	8h	263.35	+0.099%	$8.3M	$13.7M	75x	as long as short
Bybit BCHUSDT	−0.0011%	8h	263.11	+0.008%	$38.8M	$31.3M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	263.33	+0.093%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	263.41	+0.122%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	263.54	+0.171%	$985K	$10.4M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	263.42	+0.124%	$441K	$331K	25x	as long as short
BingX BCH-USDT	+0.0003%	8h	263.32	+0.087%	—	$32.9M	—	as long as short
Injective BCH/USDC PERPshort	+0.0033%	1h	270.20	+2.702%	$721	$130K	12x
Orderly PERP_BCH_USDC	+0.0046%	8h	263.23	+0.053%	$2K	$176	10x	as long as short
BloFin BCH-USDT	+0.0055%	8h	263.13	+0.015%	$3.9M	$4.4M	50x	as long as short
Aster BCHUSDT	+0.0074%	8h	263.45	+0.137%	$152K	$549K	75x	as long as short
Lighter BCH	+0.0096%	1h	263.25	+0.062%	$353K	$495K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	263.43	+0.129%	$5.6M	$4.6M	10x	as long as short
Pacifica BCH	+0.0100%	1h	263.26	+0.065%	$158K	$305K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	263.42	+0.125%	$18K	$331K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	263.56	+0.179%	$96K	$234K	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	263.28	+0.074%	$12K	—	100x	as long as short