Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0078%/8h= +8.6% APRpaid last 24h −0.024%

Price spread now: Injective against Bitget+2.020%7-day average +0.115% · you sell dearer than you buy

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

Long on Bitget Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.135%+$13 on $10k

Price spread, last 3 days (all we have)−3.258%−$326 · spread now +2.020%, 7d avg +0.115%

Together, before fees−3.123%−$312 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Injective is 1.905% dearer against Bitget than usual: you sell high and buy low: +$190 more if the spread goes back to its 7-day average of +0.115%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BCHUSDT	264.85	−0.0045	get 0.0045% / 8h	6h 10m	$19.0M	$29.2M	75x
Short	Injective BCH/USDC PERP	270.20	0.0033	get 0.0004% / 1h	10m 39s	$721	$130K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +2.020%Rate

Funding earned: $16.45
Price spread: +2.020% → +0.115%: $190.5
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $194.93
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Bitget: live order book, 3 min ago; Injective: 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, 3 min ago	0.19 bp	12.7 bp −$13	20.6 bp −$206	46.7 bp −$4,665	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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 31 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	−0.1239%	8h	264.84	−0.004%	$1K	$1.8M	30x	as long as short
SoDEX BCH-USD	−0.0521%	1h	265.05	+0.076%	$2K	$8K	10x	as long as short
Phemex BCHUSDT	−0.0455%	8h	264.94	+0.034%	$4.9M	$6.6M	50x	as long as short
HTX BCH-USDT	−0.0406%	8h	264.92	+0.026%	$776K	$1.6M	75x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0376%	1h	265.09	+0.090%	$448K	$255K	25x	as long as short
Kraken Futures PF_BCHUSD	−0.0300%	1h	265.34	+0.183%	$851K	$3.1M	50x	as long as short
GRVT BCH_USDT_Perp	−0.0205%	8h	265.02	+0.064%	$386K	$17K	10x	as long as short
ApeX Omni BCHUSDT	−0.0131%	1h	265.18	+0.125%	$97K	$227K	50x	as long as short
Gate BCH_USDT	−0.0131%	8h	265.05	+0.076%	$8.4M	$13.6M	75x	as long as short
Variational Omni BCH	−0.0117%	8h	264.80	−0.017%	$81K	$231K	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BCH-USD	−0.0112%	1h	264.63	−0.084%	$112K	$964K	25x	as long as short
Coinbase International BCH-PERP-INTX	−0.0112%	1h	265.88	+0.389%	$232K	$2.0M	50x	as long as short
MEXC BCH_USDT	−0.0108%	8h	265.14	+0.109%	$70.0M	$7.1M	200x	as long as short
Binance BCHUSDT	−0.0108%	8h	264.72	−0.049%	$71.6M	$228.9M	75x	as long as short
Bybit BCHUSDT	−0.0074%	8h	264.70	−0.057%	$39.1M	$33.0M	75x	as long as short
Nado BCH-PERP	−0.0066%	1h	264.84	−0.003%	$419K	$376K	10x	as long as short
OKX BCH-USDT-SWAP	−0.0050%	8h	264.60	−0.094%	$25.2M	$77.8M	50x	as long as short
Bitget BCHUSDTlong	−0.0045%	8h	264.85	long leg	$19.0M	$29.2M	75x
BingX BCH-USDT	−0.0035%	8h	264.93	+0.030%	—	$32.3M	—	as long as short
dYdX BCH-USD	0.0000%	1h	264.99	+0.052%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	265.49	+0.242%	$1.1M	$10.7M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	265.13	+0.106%	$4K	—	150x	as long as short
KuCoin BCHUSDTM	+0.0001%	8h	264.94	+0.034%	$8.6M	$7.5M	75x	as long as short
Injective BCH/USDC PERPshort	+0.0033%	1h	270.20	+2.020%	$721	$130K	12x
Orderly PERP_BCH_USDC	+0.0035%	8h	264.99	+0.053%	$2K	$176	10x	as long as short
Pacifica BCH	+0.0040%	1h	264.80	−0.020%	$161K	$379K	10x	as long as short
Lighter BCH	+0.0096%	1h	264.78	−0.028%	$364K	$478K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.18	+0.125%	$5.7M	$5.0M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	265.03	+0.067%	$168K	$697K	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	264.79	−0.025%	$19K	$293K	20x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0333% / S −0.0451%	1h	265.09	+0.089%	$25K	—	100x	as long as short