Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0106%/8h= −11.7% APRpaid last 24h +0.025%

Price spread now: MEXC against gTrade (Gains Network)+0.227%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on MEXC

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. MEXC is 0.227% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread +0.227% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) BCH/USD	268.67	L 0.0000% / S +0.0007%	pay 0.0000% / 1h	24m 28s	$4K	—	150x
Short	MEXC BCH_USDT	269.28	−0.0106	pay 0.0106% / 8h	2h 24m	$71.4M	$6.4M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.227%Rate

Funding earned: −$22.36
Price spread: +0.227% → 0.000%: $22.7
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$13.65
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: gTrade (Gains Network): no order-book sample; MEXC: live order book, 5 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 MEXC live order book, 5 min ago	2.60 bp	5.4 bp −$5	21.8 bp −$218	55.2 bp −$5,524	109.3 bp −$54.7K

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	−0.0423%	1h	268.63	−0.013%	$439K	$247K	25x	as long as short
Injective BCH/USDC PERP	−0.0304%	1h	267.23	−0.536%	$713	$80K	12x	as long as short
Phemex BCHUSDT	−0.0207%	8h	268.52	−0.056%	$4.9M	$6.2M	50x	as long as short
SoDEX BCH-USD	−0.0152%	1h	268.51	−0.060%	$2K	$6K	10x	as long as short
MEXC BCH_USDTshort	−0.0106%	8h	269.28	+0.227%	$71.4M	$6.4M	200x
Binance BCHUSDT	−0.0106%	8h	268.58	−0.033%	$74.1M	$229.3M	75x	as long as short
Extended BCH-USD	−0.0104%	1h	268.54	−0.047%	$105K	$643K	25x	as long as short
Variational Omni BCH	−0.0076%	8h	268.64	−0.011%	$85K	$291K	—	as long as short
Bitget BCHUSDT	−0.0044%	8h	268.47	−0.074%	$19.9M	$28.9M	75x	as long as short
GRVT BCH_USDT_Perp	−0.0038%	8h	268.15	−0.193%	$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
Bybit BCHUSDT	−0.0036%	8h	268.50	−0.063%	$39.5M	$32.1M	75x	as long as short
Coinbase International BCH-PERP-INTX	−0.0024%	1h	268.82	+0.056%	$246K	$2.1M	50x	as long as short
Gate BCH_USDT	−0.0020%	8h	268.67	0.000%	$8.4M	$14.4M	75x	as long as short
dYdX BCH-USD	0.0000%	1h	268.78	+0.042%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	269.13	+0.171%	$1.1M	$11.3M	2.7x	as long as short
gTrade (Gains Network) BCH/USDlong	L 0.0000% / S +0.0007%	1h	268.67	long leg	$4K	—	150x
BingX BCH-USDT	+0.0002%	8h	268.72	+0.019%	—	$32.1M	—	as long as short
OKX BCH-USDT-SWAP	+0.0011%	8h	268.50	−0.063%	$26.3M	$76.0M	50x	as long as short
BloFin BCH-USDT	+0.0013%	8h	268.50	−0.063%	$4.0M	$4.1M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0028%	8h	268.53	−0.052%	$2K	$176	10x	as long as short
Kraken Futures PF_BCHUSD	+0.0074%	1h	268.84	+0.065%	$806K	$3.2M	50x	as long as short
Nado BCH-PERP	+0.0087%	1h	268.60	−0.028%	$440K	$427K	10x	as long as short
Lighter BCH	+0.0096%	1h	268.68	+0.002%	$377K	$581K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	268.95	+0.104%	$6.0M	$4.1M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	268.74	+0.025%	$235K	$660K	75x	as long as short
Pacifica BCH	+0.0100%	1h	268.65	−0.006%	$169K	$461K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	268.72	+0.019%	$8.9M	$8.0M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	268.14	−0.198%	$19K	$288K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	268.22	−0.167%	$73K	$213K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	268.40	−0.100%	$2K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	268.47	−0.074%	$773K	$1.6M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0372% / S −0.0574%	1h	268.66	−0.004%	$26K	—	100x	as long as short