Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0104%/8h= +11.3% APRpaid last 24h +0.030%

Price spread now: edgeX against gTrade (Gains Network)−0.139%68s7-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 edgeX

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—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.139% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.139% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 4.5 days of funding at the current rate (+$3 a day). The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) BCH/USD	266.13	L −0.0004% / S +0.0007%	get 0.0000% / 1h	42m 07s	$15K	—	150x
Short	edgeX BCHUSDC	265.76	0.0100	get 0.0050% / 4h	42m 07s	$19K	$345K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.139%Rate

Funding earned: $21.75
Price spread: −0.139% → 0.000%: −$13.91
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$11.16
Costs to cover: 0.190%
Break-even: 10.6 days

Slippage unknown: gTrade (Gains Network): no order-book sample; edgeX: live order book, 61 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 edgeX live order book, 61 min ago	7.37 bp	11.9 bp −$12	14.8 bp −$148	doesn't fit	doesn't fit

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	−0.0284%	1h	265.90	−0.088%	$2K	$8K	10x	as long as short
Kraken Futures PF_BCHUSD	−0.0218%	1h	266.12	−0.003%	$864K	$2.8M	50x	as long as short
Phemex BCHUSDT	−0.0176%	8h	266.03	−0.039%	$5.0M	$6.6M	50x	as long as short
HTX BCH-USDT	−0.0120%	8h	265.93	−0.076%	$777K	$1.4M	75x	as long as short
Variational Omni BCH	−0.0107%	8h	265.50	−0.239%	$81K	$196K	—	as long as short
Bybit BCHUSDT	−0.0086%	8h	265.80	−0.125%	$39.1M	$31.2M	75x	as long as short
KuCoin BCHUSDTM	−0.0084%	8h	265.99	−0.054%	$8.5M	$6.5M	75x	as long as short
Bitget BCHUSDT	−0.0070%	8h	265.73	−0.151%	$19.3M	$27.4M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0063%	8h	265.70	−0.163%	$25.3M	$77.3M	50x	as long as short
Extended BCH-USD	−0.0048%	1h	265.78	−0.132%	$111K	$909K	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BCH_USDT	−0.0048%	8h	266.23	+0.036%	$71.0M	$8.7M	200x	as long as short
Binance BCHUSDT	−0.0048%	8h	265.92	−0.081%	$73.4M	$216.6M	75x	as long as short
BingX BCH-USDT	−0.0038%	8h	265.80	−0.125%	—	$15.4M	—	as long as short
GRVT BCH_USDT_Perp	−0.0034%	8h	265.36	−0.291%	$387K	$17K	10x	as long as short
Gate BCH_USDT	−0.0013%	8h	265.97	−0.061%	$8.4M	$13.5M	75x	as long as short
gTrade (Gains Network) BCH/USDlong	L −0.0004% / S +0.0007%	1h	266.13	long leg	$15K	—	150x
Pacifica BCH	−0.0003%	1h	265.89	−0.093%	$159K	$310K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	265.98	−0.056%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	266.21	+0.029%	$1.0M	$10.2M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	266.14	+0.003%	$429K	$351K	25x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.528%	$721	$130K	12x	as long as short
Aster BCHUSDT	+0.0036%	8h	266.15	+0.006%	$138K	$593K	75x	as long as short
Orderly PERP_BCH_USDC	+0.0045%	8h	266.00	−0.050%	$2K	$176	10x	as long as short
Nado BCH-PERP	+0.0047%	1h	265.85	−0.107%	$438K	$359K	10x	as long as short
BloFin BCH-USDT	+0.0072%	8h	266.09	−0.016%	$4.0M	$4.5M	50x	as long as short
Coinbase International BCH-PERP-INTX	+0.0088%	1h	266.34	+0.078%	$251K	$1.9M	50x	as long as short
Lighter BCH	+0.0096%	1h	265.99	−0.055%	$354K	$469K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	266.03	−0.039%	$5.7M	$4.7M	10x	as long as short
edgeX BCHUSDCshort	+0.0100%	4h	265.76	−0.139%	$19K	$345K	20x
ApeX Omni BCHUSDT	+0.0100%	1h	265.53	−0.227%	$95K	$241K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	265.93	−0.076%	$1K	$1.6M	30x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	266.21	+0.027%	$12K	—	100x	as long as short