Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0116%/8h= −12.6% APRpaid last 24h +0.025%

Price spread now: Binance against gTrade (Gains Network)−0.029%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Binance

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

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.029% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) BCH/USD	268.07	L 0.0000% / S +0.0007%	pay 0.0000% / 1h	34m 22s	$4K	—	150x
Short	Binance BCHUSDT	267.99	−0.0115	pay 0.0115% / 8h	2h 34m	$74.0M	$229.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BinancebpOrdersPrice spread, now −0.029%Rate

Funding earned: −$24.26
Price spread: −0.029% → 0.000%: −$2.88
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$47.14
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: gTrade (Gains Network): no order-book sample; Binance: live order book, 9 min ago. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Binance live order book, 9 min ago	0.19 bp	5.2 bp −$5	15.4 bp −$154	47.6 bp −$4,756	140.8 bp −$70.4K

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
Deribit BCH_USDC-PERPETUAL	−0.0354%	1h	268.09	+0.008%	$438K	$247K	25x	as long as short
Injective BCH/USDC PERP	−0.0304%	1h	267.23	−0.313%	$713	$80K	12x	as long as short
Phemex BCHUSDT	−0.0203%	8h	268.00	−0.026%	$4.9M	$6.2M	50x	as long as short
SoDEX BCH-USD	−0.0176%	1h	267.99	−0.030%	$2K	$6K	10x	as long as short
MEXC BCH_USDT	−0.0116%	8h	268.63	+0.209%	$71.1M	$6.4M	200x	as long as short
Binance BCHUSDTshort	−0.0115%	8h	267.99	−0.029%	$74.0M	$229.1M	75x
Extended BCH-USD	−0.0112%	1h	267.99	−0.032%	$105K	$643K	25x	as long as short
Variational Omni BCH	−0.0080%	8h	267.64	−0.160%	$85K	$291K	—	as long as short
Bybit BCHUSDT	−0.0064%	8h	267.97	−0.037%	$39.5M	$32.0M	75x	as long as short
GRVT BCH_USDT_Perp	−0.0051%	8h	268.04	−0.013%	$391K	$17K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BCHUSDT	−0.0049%	8h	268.07	0.000%	$20.0M	$28.8M	75x	as long as short
Gate BCH_USDT	−0.0031%	8h	268.01	−0.022%	$8.4M	$14.4M	75x	as long as short
Coinbase International BCH-PERP-INTX	−0.0024%	1h	267.90	−0.063%	$246K	$2.0M	50x	as long as short
BingX BCH-USDC	−0.0007%	8h	268.08	+0.004%	—	$6.5M	—	as long as short
OKX BCH-USDT-SWAP	−0.0003%	8h	268.00	−0.026%	$26.3M	$75.8M	50x	as long as short
dYdX BCH-USD	0.0000%	1h	268.05	−0.008%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	268.22	+0.056%	$1.1M	$11.4M	2.7x	as long as short
gTrade (Gains Network) BCH/USDlong	L 0.0000% / S +0.0007%	1h	268.07	long leg	$4K	—	150x
BloFin BCH-USDT	+0.0003%	8h	267.76	−0.116%	$4.0M	$4.1M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0028%	8h	268.03	−0.015%	$2K	$176	10x	as long as short
Kraken Futures PF_BCHUSD	+0.0074%	1h	268.30	+0.086%	$805K	$3.2M	50x	as long as short
Nado BCH-PERP	+0.0081%	1h	268.02	−0.020%	$439K	$427K	10x	as long as short
KuCoin BCHUSDTM	+0.0089%	8h	268.08	+0.004%	$8.9M	$8.0M	75x	as long as short
Lighter BCH	+0.0096%	1h	268.06	−0.006%	$376K	$580K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	268.34	+0.101%	$6.0M	$4.1M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	268.09	+0.007%	$234K	$660K	75x	as long as short
Pacifica BCH	+0.0100%	1h	268.08	+0.003%	$169K	$460K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	267.36	−0.264%	$19K	$288K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	268.16	+0.034%	$73K	$214K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	267.90	−0.063%	$2K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	267.86	−0.078%	$771K	$1.6M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0372% / S −0.0574%	1h	268.14	+0.026%	$26K	—	100x	as long as short