BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0221%/8h= −24.2% APRnext payment −$2.21 per $10,000 · paid last 24h −0.008%

Price spread now: GRVT against Aster−0.190%80s7-day average −0.027% · 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—prices read too far apart to compare

costs, in and out, $10k−$450.451% of the position

Long on Aster Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.112%−$11 on $10k

Price spread, last 4 days (all we have)+0.376%+$38 · spread now −0.190%, 7d avg −0.027%

Together, before fees+0.264%+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm board+$26 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and GRVT is 0.162% cheaper against Aster than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.027%). Swap the legs. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.112% in total (about -5.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.21 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BCHUSDT	265.26	0.0100	pay 0.0100% / 8h	4h 56m	$168K	$519K	75x
Short	GRVT BCH_USDT_Perp	264.76	−0.0121	pay 0.0121% / 8h	4h 56m	$386K	$17K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.190%Rate

Funding earned: −$46.41
Price spread: −0.190% → −0.027%: −$16.21
Slippage, 4 orders: −$28.06
Fee Aster: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$107.69
Costs to cover: 0.451%
Break-even: never at this rate

Slippage from Aster: live order book, 67 min ago; GRVT: live order book, 1 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, 67 min ago	4.33 bp	10.9 bp −$11	27.7 bp −$277	doesn't fit	doesn't fit
Sell GRVT live order book, 1 min ago	1.51 bp	13.1 bp −$13	28.6 bp −$286	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	−0.0896%	8h	264.84	−0.159%	$2K	$1.7M	30x	as long as short
HTX BCH-USDT	−0.0355%	8h	265.13	−0.050%	$773K	$1.4M	75x	as long as short
Phemex BCHUSDT	−0.0342%	8h	265.17	−0.035%	$4.9M	$6.4M	50x	as long as short
SoDEX BCH-USD	−0.0221%	1h	265.17	−0.035%	$2K	$8K	10x	as long as short
Nado BCH-PERP	−0.0163%	1h	265.15	−0.042%	$421K	$339K	10x	as long as short
GRVT BCH_USDT_Perpshort	−0.0121%	8h	264.76	−0.190%	$386K	$17K	10x
Binance BCHUSDT	−0.0107%	8h	265.17	−0.037%	$72.2M	$213.6M	75x	as long as short
MEXC BCH_USDT	−0.0105%	8h	265.48	+0.082%	$70.0M	$7.2M	200x	as long as short
Extended BCH-USD	−0.0104%	1h	265.04	−0.083%	$112K	$952K	25x	as long as short
Coinbase International BCH-PERP-INTX	−0.0104%	1h	265.07	−0.073%	$221K	$1.8M	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BCH	−0.0101%	8h	264.60	−0.251%	$81K	$201K	—	as long as short
Gate BCH_USDT	−0.0093%	8h	265.15	−0.042%	$8.3M	$13.3M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0083%	8h	265.00	−0.099%	$25.0M	$74.2M	50x	as long as short
KuCoin BCHUSDTM	−0.0076%	8h	265.24	−0.008%	$8.6M	$7.1M	75x	as long as short
Bitget BCHUSDT	−0.0072%	8h	265.09	−0.065%	$19.0M	$28.1M	75x	as long as short
BingX BCH-USDC	−0.0039%	8h	265.18	−0.031%	—	$6.5M	—	as long as short
Bybit BCHUSDT	−0.0037%	8h	265.10	−0.061%	$39.2M	$30.9M	75x	as long as short
ApeX Omni BCHUSDT	−0.0020%	1h	264.85	−0.155%	$96K	$228K	50x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	265.34	+0.030%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	264.85	−0.154%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	264.96	−0.114%	$1.1M	$10.2M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	265.35	+0.035%	$444K	$331K	25x	as long as short
Kraken Futures PF_BCHUSD	+0.0011%	1h	265.36	+0.038%	$850K	$3.0M	50x	as long as short
BloFin BCH-USDT	+0.0014%	8h	264.35	−0.344%	$3.9M	$4.2M	50x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.861%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0034%	8h	265.15	−0.042%	$2K	$176	10x	as long as short
Pacifica BCH	+0.0077%	1h	264.83	−0.163%	$161K	$321K	10x	as long as short
Lighter BCH	+0.0096%	1h	265.26	−0.001%	$363K	$482K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.38	+0.044%	$5.7M	$4.7M	10x	as long as short
Aster BCHUSDTlong	+0.0100%	8h	265.26	long leg	$168K	$519K	75x
edgeX BCHUSDC	+0.0100%	4h	264.55	−0.268%	$19K	$291K	20x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0356% / S −0.0525%	1h	265.32	+0.020%	$25K	—	100x	as long as short