Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.029%

Price spread now: dYdX against Bitget+0.103%7-day average — · you sell dearer than you buy

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

Long on Bitget Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. dYdX is 0.103% dearer against Bitget than usual: you sell high and buy low (spread +0.103% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BCHUSDT	268.73	0.0032	pay 0.0032% / 8h	33m 23s	$19.1M	$29.2M	75x
Short	dYdX BCH-USD	269.01	0	get 0.0000% / 1h	33m 23s	$5K	$248	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Bitget. 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 BitgetbpFee dYdXbpOrdersPrice spread, now +0.103%Rate

Funding earned: −$6.72
Price spread: +0.103% → 0.000%: $10.31
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$18.41
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 5 min ago; dYdX: 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 Bitget live order book, 5 min ago	0.93 bp	11.7 bp −$12	22.8 bp −$228	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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	−0.0456%	1h	268.92	+0.072%	$454K	$266K	25x	as long as short
SoDEX BCH-USD	−0.0154%	1h	268.75	+0.007%	$2K	$6K	10x	as long as short
Phemex BCHUSDT	−0.0151%	8h	268.89	+0.060%	$4.9M	$6.5M	50x	as long as short
Variational Omni BCH	−0.0142%	8h	268.82	+0.033%	$82K	$294K	—	as long as short
Kraken Futures PF_BCHUSD	−0.0125%	1h	269.12	+0.144%	$829K	$3.1M	50x	as long as short
Bybit BCHUSDT	−0.0088%	8h	268.70	−0.011%	$39.3M	$32.6M	75x	as long as short
Injective BCH/USDC PERP	−0.0054%	1h	270.20	+0.547%	$721	$130K	12x	as long as short
Coinbase International BCH-PERP-INTX	−0.0032%	1h	268.89	+0.060%	$236K	$2.1M	50x	as long as short
Extended BCH-USD	−0.0024%	1h	268.70	−0.010%	$116K	$652K	25x	as long as short
MEXC BCH_USDT	−0.0021%	8h	269.28	+0.205%	$70.5M	$6.7M	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	−0.0020%	8h	268.81	+0.030%	$74.7M	$230.7M	75x	as long as short
dYdX BCH-USDshort	0.0000%	1h	269.01	+0.103%	$5K	$248	10x
Kalshi KXBCHPERP	0.0000%	8h	269.14	+0.153%	$1.3M	$11.5M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	268.96	+0.084%	$4K	—	150x	as long as short
Gate BCH_USDT	+0.0009%	8h	268.82	+0.033%	$8.4M	$14.5M	75x	as long as short
Orderly PERP_BCH_USDC	+0.0028%	8h	268.79	+0.022%	$2K	$176	10x	as long as short
GRVT BCH_USDT_Perp	+0.0028%	8h	269.11	+0.143%	$392K	$17K	10x	as long as short
Bitget BCHUSDTlong	+0.0032%	8h	268.73	long leg	$19.1M	$29.2M	75x
OKX BCH-USDT-SWAP	+0.0040%	8h	268.80	+0.026%	$26.3M	$77.7M	50x	as long as short
BingX BCH-USDC	+0.0043%	8h	268.81	+0.030%	—	$6.5M	—	as long as short
Lighter BCH	+0.0096%	1h	268.83	+0.036%	$371K	$555K	10x	as long as short
BloFin BCH-USDT	+0.0100%	8h	268.87	+0.052%	$4.0M	$4.2M	50x	as long as short
Nado BCH-PERP	+0.0100%	1h	268.75	+0.007%	$444K	$427K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	269.15	+0.156%	$6.0M	$4.3M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	268.84	+0.041%	$216K	$709K	75x	as long as short
Pacifica BCH	+0.0100%	1h	268.76	+0.012%	$163K	$467K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	268.87	+0.052%	$9.2M	$7.8M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	268.98	+0.091%	$19K	$290K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	269.10	+0.138%	$73K	$214K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	268.56	−0.063%	$2K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	268.68	−0.019%	$777K	$1.6M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0334% / S −0.0340%	1h	268.98	+0.093%	$27K	—	100x	as long as short