Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0015%/8h= −1.7% APRpaid last 24h −0.010%

Price spread now: gTrade (Gains Network) against Bybit+0.051%7-day average — · you sell dearer than you buy

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

Long on Bybit Short on gTrade (Gains Network)

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—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.051% dearer against Bybit than usual: you sell high and buy low (spread +0.051% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs $0 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	Bybit BCHUSDT	263.60	0.0008	pay 0.0008% / 8h	3h 10m	$38.8M	$31.3M	75x
Short	gTrade (Gains Network) BCH/USD	263.73	L −0.0004% / S +0.0007%	pay 0.0001% / 1h	10m 26s	$15K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Bybit. 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 BybitbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.051%Rate

Funding earned: −$3.2
Price spread: +0.051% → 0.000%: $5.08
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$19.11
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 3 min ago; gTrade (Gains Network): 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 Bybit live order book, 3 min ago	1.89 bp	10.7 bp −$11	18.9 bp −$189	69.3 bp −$6,926	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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
SoDEX BCH-USD	−0.0299%	1h	263.85	+0.095%	$2K	$8K	10x	as long as short
HTX BCH-USDT	−0.0239%	8h	263.90	+0.114%	$769K	$1.4M	75x	as long as short
Phemex BCHUSDT	−0.0227%	8h	263.83	+0.087%	$4.9M	$6.4M	50x	as long as short
Nado BCH-PERP	−0.0181%	1h	263.65	+0.019%	$428K	$347K	10x	as long as short
SunX BCH-USDT	−0.0157%	8h	263.73	+0.049%	$2K	$1.7M	30x	as long as short
KuCoin BCHUSDTM	−0.0102%	8h	263.89	+0.110%	$8.5M	$6.8M	75x	as long as short
Bitget BCHUSDT	−0.0093%	8h	263.52	−0.030%	$18.8M	$28.3M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0087%	8h	263.50	−0.038%	$25.1M	$76.0M	50x	as long as short
Binance BCHUSDT	−0.0066%	8h	263.67	+0.025%	$71.6M	$216.0M	75x	as long as short
MEXC BCH_USDT	−0.0066%	8h	264.13	+0.201%	$69.9M	$7.9M	200x	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	−0.0064%	1h	263.49	−0.042%	$112K	$1.1M	25x	as long as short
Coinbase International BCH-PERP-INTX	−0.0064%	1h	263.84	+0.091%	$217K	$1.8M	50x	as long as short
Variational Omni BCH	−0.0061%	8h	263.70	+0.038%	$81K	$196K	—	as long as short
Kraken Futures PF_BCHUSD	−0.0051%	1h	264.13	+0.203%	$854K	$3.0M	50x	as long as short
GRVT BCH_USDT_Perp	−0.0044%	8h	264.39	+0.300%	$385K	$17K	10x	as long as short
Gate BCH_USDT	−0.0038%	8h	263.72	+0.046%	$8.3M	$13.7M	75x	as long as short
gTrade (Gains Network) BCH/USDshort	L −0.0004% / S +0.0007%	1h	263.73	+0.051%	$15K	—	150x
dYdX BCH-USD	0.0000%	1h	263.96	+0.137%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	263.93	+0.125%	$991K	$10.4M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	264.02	+0.158%	$442K	$331K	25x	as long as short
Bybit BCHUSDTlong	+0.0008%	8h	263.60	long leg	$38.8M	$31.3M	75x
BingX BCH-USDT	+0.0010%	8h	263.63	+0.011%	—	$32.9M	—	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.504%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0046%	8h	263.87	+0.102%	$2K	$176	10x	as long as short
BloFin BCH-USDT	+0.0054%	8h	263.96	+0.137%	$3.9M	$4.4M	50x	as long as short
Aster BCHUSDT	+0.0082%	8h	263.77	+0.064%	$150K	$549K	75x	as long as short
Lighter BCH	+0.0096%	1h	263.77	+0.066%	$354K	$495K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	263.81	+0.080%	$5.7M	$4.6M	10x	as long as short
Pacifica BCH	+0.0100%	1h	263.73	+0.051%	$159K	$305K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	264.28	+0.257%	$18K	$320K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	264.45	+0.322%	$96K	$234K	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0232% / S −0.0180%	1h	264.06	+0.176%	$12K	—	100x	as long as short