Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.022%

Price spread now: SunX against gTrade (Gains Network)−0.119%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 SunX

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

Funding pays, the price is against you. SunX is 0.119% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.119% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 4.0 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) BCH/USD	268.36	L 0.0000% / S +0.0007%	pay 0.0000% / 1h	26m 34s	$4K	—	150x
Short	SunX BCH-USDT	268.04	0.0100	get 0.0100% / 8h	2h 26m	$2K	$2.0M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.119%Rate

Funding earned: $20.9
Price spread: −0.119% → 0.000%: −$11.92
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$9.02
Costs to cover: 0.180%
Break-even: 10.0 days

Slippage unknown: gTrade (Gains Network): no order-book sample; SunX: 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 SunX live order book, 9 min ago	19.63 bp	29.0 bp −$29	doesn't fit	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
Injective BCH/USDC PERP	−0.0304%	1h	267.23	−0.421%	$713	$80K	12x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0294%	1h	268.33	−0.010%	$439K	$247K	25x	as long as short
Phemex BCHUSDT	−0.0204%	8h	268.14	−0.082%	$4.9M	$6.2M	50x	as long as short
SoDEX BCH-USD	−0.0172%	1h	268.21	−0.056%	$2K	$6K	10x	as long as short
Extended BCH-USD	−0.0112%	1h	268.48	+0.046%	$105K	$643K	25x	as long as short
Binance BCHUSDT	−0.0109%	8h	268.75	+0.146%	$74.2M	$229.3M	75x	as long as short
MEXC BCH_USDT	−0.0109%	8h	269.16	+0.298%	$71.4M	$6.4M	200x	as long as short
Variational Omni BCH	−0.0078%	8h	267.84	−0.195%	$85K	$291K	—	as long as short
Bitget BCHUSDT	−0.0045%	8h	268.61	+0.093%	$19.9M	$28.9M	75x	as long as short
GRVT BCH_USDT_Perp	−0.0044%	8h	267.93	−0.159%	$390K	$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	−0.0040%	8h	268.58	+0.082%	$39.5M	$32.1M	75x	as long as short
Coinbase International BCH-PERP-INTX	−0.0024%	1h	268.19	−0.063%	$246K	$2.1M	50x	as long as short
Gate BCH_USDT	−0.0022%	8h	268.63	+0.101%	$8.4M	$14.4M	75x	as long as short
BingX BCH-USDC	−0.0007%	8h	268.68	+0.119%	—	$6.5M	—	as long as short
dYdX BCH-USD	0.0000%	1h	268.77	+0.153%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	268.40	+0.015%	$1.0M	$11.4M	2.7x	as long as short
gTrade (Gains Network) BCH/USDlong	L 0.0000% / S +0.0007%	1h	268.36	long leg	$4K	—	150x
OKX BCH-USDT-SWAP	+0.0005%	8h	268.50	+0.052%	$26.3M	$76.0M	50x	as long as short
BloFin BCH-USDT	+0.0011%	8h	268.25	−0.041%	$4.0M	$4.1M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0028%	8h	268.24	−0.045%	$2K	$176	10x	as long as short
Kraken Futures PF_BCHUSD	+0.0074%	1h	268.47	+0.041%	$805K	$3.2M	50x	as long as short
Nado BCH-PERP	+0.0079%	1h	268.15	−0.077%	$439K	$427K	10x	as long as short
Lighter BCH	+0.0096%	1h	268.80	+0.164%	$377K	$580K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	268.62	+0.097%	$6.0M	$4.1M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	268.38	+0.007%	$235K	$660K	75x	as long as short
Pacifica BCH	+0.0100%	1h	268.72	+0.135%	$170K	$461K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	268.81	+0.168%	$8.9M	$8.0M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	267.76	−0.222%	$19K	$290K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	267.94	−0.157%	$73K	$213K	50x	as long as short
SunX BCH-USDTshort	+0.0100%	8h	268.04	−0.119%	$2K	$2.0M	30x
HTX BCH-USDT	+0.0100%	8h	268.04	−0.119%	$772K	$1.6M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0372% / S −0.0574%	1h	268.35	−0.005%	$26K	—	100x	as long as short