Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0212%/8h= −23.2% APRpaid last 24h −0.021%

Price spread now: Extended against Aster−0.167%7-day average −0.085% · you buy dearer than you sell

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$380.377% of the position

Long on Aster Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.179%−$18 on $10k

Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.167%, 7d avg −0.085%

Together, before fees−0.143%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Extended is 0.082% cheaper against Aster than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.085%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BCHUSDT	265.53	0.0100	pay 0.0100% / 8h	5h 45m	$168K	$519K	75x
Short	Extended BCH-USD	265.09	−0.0112	pay 0.0014% / 1h	45m 52s	$112K	$953K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Aster. 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 AsterbpFee ExtendedbpOrdersPrice spread, now −0.167%Rate

Funding earned: −$44.52
Price spread: −0.167% → −0.085%: −$8.24
Slippage, 4 orders: −$24.65
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$90.41
Costs to cover: 0.377%
Break-even: never at this rate

Slippage from Aster: live order book, 17 min ago; Extended: live order book, 17 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 Aster live order book, 17 min ago	4.33 bp	10.9 bp −$11	27.7 bp −$277	doesn't fit	doesn't fit
Sell Extended live order book, 17 min ago	1.13 bp	7.3 bp −$7	73.5 bp −$735	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
SunX BCH-USDT	−0.1891%	8h	264.75	−0.294%	$2K	$1.7M	30x	as long as short
HTX BCH-USDT	−0.0545%	8h	265.32	−0.079%	$770K	$1.5M	75x	as long as short
Phemex BCHUSDT	−0.0440%	8h	265.32	−0.079%	$4.9M	$6.6M	50x	as long as short
SoDEX BCH-USD	−0.0390%	1h	265.31	−0.083%	$2K	$8K	10x	as long as short
GRVT BCH_USDT_Perp	−0.0191%	8h	265.07	−0.175%	$386K	$17K	10x	as long as short
Nado BCH-PERP	−0.0154%	1h	265.05	−0.181%	$419K	$339K	10x	as long as short
Coinbase International BCH-PERP-INTX	−0.0128%	1h	265.41	−0.045%	$226K	$1.8M	50x	as long as short
MEXC BCH_USDT	−0.0115%	8h	265.47	−0.023%	$70.1M	$6.7M	200x	as long as short
Binance BCHUSDT	−0.0115%	8h	265.19	−0.128%	$72.1M	$215.5M	75x	as long as short
Extended BCH-USDshort	−0.0112%	1h	265.09	−0.167%	$112K	$953K	25x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BCH	−0.0104%	8h	265.00	−0.198%	$81K	$201K	—	as long as short
Gate BCH_USDT	−0.0099%	8h	265.24	−0.109%	$8.3M	$13.2M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0072%	8h	265.00	−0.200%	$25.2M	$74.1M	50x	as long as short
Bitget BCHUSDT	−0.0051%	8h	265.09	−0.166%	$19.1M	$28.5M	75x	as long as short
KuCoin BCHUSDTM	−0.0034%	8h	265.21	−0.121%	$8.6M	$7.2M	75x	as long as short
Kraken Futures PF_BCHUSD	−0.0031%	1h	265.53	+0.002%	$851K	$3.0M	50x	as long as short
Bybit BCHUSDT	−0.0029%	8h	265.20	−0.124%	$39.2M	$31.1M	75x	as long as short
BingX BCH-USDT	−0.0021%	8h	265.21	−0.121%	—	$32.1M	—	as long as short
ApeX Omni BCHUSDT	−0.0017%	1h	264.20	−0.501%	$96K	$226K	50x	as long as short
dYdX BCH-USD	0.0000%	1h	265.04	−0.185%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	265.80	+0.102%	$1.1M	$10.3M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	265.61	+0.032%	$447K	$292K	25x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	265.59	+0.023%	$4K	—	150x	as long as short
BloFin BCH-USDT	+0.0005%	8h	264.67	−0.324%	—	$4.2M	50x	as long as short
Pacifica BCH	+0.0021%	1h	264.89	−0.243%	$161K	$314K	10x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.759%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0034%	8h	265.35	−0.068%	$2K	$176	10x	as long as short
Lighter BCH	+0.0096%	1h	265.38	−0.058%	$365K	$477K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.59	+0.022%	$5.7M	$4.7M	10x	as long as short
Aster BCHUSDTlong	+0.0100%	8h	265.53	long leg	$168K	$519K	75x
edgeX BCHUSDC	+0.0100%	4h	264.09	−0.541%	$19K	$292K	20x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0333% / S −0.0451%	1h	265.60	+0.025%	$25K	—	100x	as long as short