Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0351%/8h= +38.4% APRpaid last 24h +0.048%

Price spread now: GMX against Aster+0.047%7-day average — · you sell dearer than you buy

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

Long on Aster Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and GMX is 0.047% dearer against Aster than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BCHUSDT	266.30	0.0100	pay 0.0100% / 8h	10m 40s	$210K	$673K	75x
Short	GMX BCH/USD [WBTC.b-USDC]	266.42	L +0.0332% / S −0.0451%	get 0.0056% / 1h	10m 40s	$25K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now +0.047%Rate

Funding earned: $73.73
Price spread: +0.047% → 0.000%: $4.7
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $58.43
Costs to cover: 0.200%
Break-even: 1.5 days

Slippage unknown: Aster: live order book, 2 min ago; GMX: 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 Aster live order book, 2 min ago	4.51 bp	9.4 bp −$9	29.2 bp −$292	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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
Deribit BCH_USDC-PERPETUAL	−0.0575%	1h	266.31	+0.006%	$450K	$266K	25x	as long as short
SoDEX BCH-USD	−0.0328%	1h	266.15	−0.056%	$2K	$6K	10x	as long as short
Variational Omni BCH	−0.0136%	8h	266.11	−0.071%	$82K	$292K	—	as long as short
Kraken Futures PF_BCHUSD	−0.0126%	1h	266.49	+0.070%	$843K	$3.1M	50x	as long as short
Phemex BCHUSDT	−0.0113%	8h	266.22	−0.030%	$4.9M	$6.5M	50x	as long as short
ApeX Omni BCHUSDT	−0.0108%	1h	266.44	+0.053%	$72K	$214K	50x	as long as short
Bybit BCHUSDT	−0.0079%	8h	266.37	+0.027%	$39.2M	$33.0M	75x	as long as short
Injective BCH/USDC PERP	−0.0054%	1h	270.20	+1.465%	$721	$130K	12x	as long as short
Coinbase International BCH-PERP-INTX	−0.0032%	1h	266.58	+0.105%	$224K	$2.1M	50x	as long as short
Binance BCHUSDT	−0.0024%	8h	266.37	+0.027%	$72.9M	$232.8M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BCH-USD	−0.0024%	1h	266.30	0.000%	$115K	$652K	25x	as long as short
MEXC BCH_USDT	−0.0024%	8h	266.87	+0.214%	$69.9M	$6.9M	200x	as long as short
Gate BCH_USDT	−0.0002%	8h	266.48	+0.068%	$8.3M	$14.9M	75x	as long as short
dYdX BCH-USD	0.0000%	1h	266.60	+0.111%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	266.68	+0.143%	$1.2M	$11.7M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	266.45	+0.058%	$4K	—	150x	as long as short
Bitget BCHUSDT	+0.0020%	8h	266.38	+0.030%	$19.1M	$30.1M	75x	as long as short
GRVT BCH_USDT_Perp	+0.0020%	8h	266.24	−0.023%	$388K	$17K	10x	as long as short
Nado BCH-PERP	+0.0023%	1h	266.19	−0.039%	$442K	$436K	10x	as long as short
Orderly PERP_BCH_USDC	+0.0028%	8h	266.17	−0.049%	$2K	$176	10x	as long as short
OKX BCH-USDT-SWAP	+0.0030%	8h	266.40	+0.038%	$25.9M	$78.3M	50x	as long as short
BingX BCH-USDT	+0.0033%	8h	266.38	+0.030%	—	$31.2M	—	as long as short
BloFin BCH-USDT	+0.0096%	8h	266.06	−0.090%	$3.9M	$4.2M	50x	as long as short
Lighter BCH	+0.0096%	1h	266.42	+0.045%	$367K	$558K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	266.64	+0.128%	$6.0M	$4.5M	10x	as long as short
Aster BCHUSDTlong	+0.0100%	8h	266.30	long leg	$210K	$673K	75x
Pacifica BCH	+0.0100%	1h	266.37	+0.027%	$162K	$431K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	266.57	+0.102%	$9.0M	$7.8M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	266.19	−0.040%	$19K	$290K	20x	as long as short
SunX BCH-USDT	+0.0100%	8h	266.11	−0.071%	$1K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	266.25	−0.019%	$773K	$1.6M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]short	L +0.0332% / S −0.0451%	1h	266.42	+0.047%	$25K	—	100x