Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0092%/8hnext payment −$0.92 per $10,000 · paid last 24h +0.018%

Price spread now: MEXC against Variational Omni+0.389%7-day average +0.209% · you sell dearer than you buy

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

Long on Variational Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.004%$0 on $10k

Price spread, last 3 days (all we have)−0.528%−$53 · spread now +0.389%, 7d avg +0.209%

Together, before fees−0.532%+ Points / potential airdropVariational Omni: Active · farm board−$53 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.180% dearer against Variational Omni than usual: you sell high and buy low (spread +0.389% now, against its 7-day average of +0.209%): +$18 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.5 days. At the pace of the last 3 days (−0.004% in total) that is about 5 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni BCH	265.35	−0.0031	get 0.0031% / 8h	4h 07m	$75K	$277K	—
Short	MEXC BCH_USDT	266.38	−0.0123	pay 0.0123% / 8h	4h 07m	$70.5M	$5.9M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee MEXCbpOrdersPrice spread, now +0.389%Rate

Funding earned: −$19.39
Price spread: +0.389% → +0.209%: $17.96
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$5.42
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 26 min ago; MEXC: live order book, 1 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 Variational Omni RFQ quote, 26 min ago	6.02 bp	doesn't fit	29.5 bp −$295	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	3.00 bp	5.5 bp −$6	17.6 bp −$176	51.2 bp −$5,115	107.3 bp −$53.6K

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	−0.0452%	1h	265.83	+0.181%	$2K	$6K	10x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0329%	1h	265.99	+0.242%	$433K	$252K	25x	as long as short
Phemex BCHUSDT	−0.0271%	8h	265.77	+0.159%	$4.8M	$5.9M	50x	as long as short
Kraken Futures PF_BCHUSD	−0.0198%	1h	266.09	+0.279%	$813K	$3.1M	50x	as long as short
GRVT BCH_USDT_Perp	−0.0137%	8h	265.47	+0.044%	$387K	$17K	10x	as long as short
Binance BCHUSDT	−0.0124%	8h	265.84	+0.186%	$73.1M	$225.5M	75x	as long as short
MEXC BCH_USDTshort	−0.0123%	8h	266.38	+0.389%	$70.5M	$5.9M	200x
Extended BCH-USD	−0.0120%	1h	265.74	+0.146%	$103K	$646K	25x	as long as short
Nado BCH-PERP	−0.0113%	1h	265.65	+0.114%	$452K	$387K	10x	as long as short
Bybit BCHUSDT	−0.0099%	8h	265.69	+0.129%	$39.3M	$31.8M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BCH_USDT	−0.0098%	8h	265.95	+0.227%	$8.3M	$14.2M	75x	as long as short
Coinbase International BCH-PERP-INTX	−0.0072%	1h	265.85	+0.189%	$223K	$2.0M	50x	as long as short
Bitget BCHUSDT	−0.0042%	8h	265.75	+0.151%	$19.3M	$27.6M	75x	as long as short
SunX BCH-USDT	−0.0036%	8h	265.81	+0.174%	$1K	$2.0M	30x	as long as short
Variational Omni BCHlong	−0.0031%	8h	265.35	long leg	$75K	$277K	—
HTX BCH-USDT	−0.0011%	8h	265.86	+0.193%	$772K	$1.5M	75x	as long as short
BloFin BCH-USDT	−0.0004%	8h	265.82	+0.178%	$3.9M	$4.0M	50x	as long as short
OKX BCH-USDT-SWAP	−0.0003%	8h	265.70	+0.132%	$24.9M	$72.8M	50x	as long as short
BingX BCH-USDT	−0.0002%	8h	265.90	+0.208%	—	$32.2M	—	as long as short
dYdX BCH-USD	0.0000%	1h	266.14	+0.298%	$5K	$229	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	266.29	+0.355%	$1.0M	$11.4M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	266.18	+0.315%	$4K	—	150x	as long as short
KuCoin BCHUSDTM	+0.0024%	8h	265.95	+0.227%	$8.9M	$8.0M	75x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	264.28	−0.403%	$705	$52K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0043%	8h	265.92	+0.215%	$2K	$176	10x	as long as short
Lighter BCH	+0.0096%	1h	265.92	+0.213%	$376K	$598K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	266.12	+0.291%	$5.2M	$3.8M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	266.04	+0.262%	$237K	$669K	75x	as long as short
Pacifica BCH	+0.0100%	1h	265.85	+0.189%	$167K	$452K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	265.71	+0.138%	$21K	$285K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	265.92	+0.215%	$72K	$216K	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0331% / S −0.0444%	1h	266.14	+0.300%	$25K	—	100x	as long as short