Settings8H · net · $10k
Funding arb · Price arb /

BCH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0204%/8h= +22.3% APRnext payment +$2.04 per $10,000 · paid last 24h +0.010%
Price spread now: Aster against Gate+0.188%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$490.486% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.131%+$13 on $10k
Price spread, last 4 days (all we have)−0.117%−$12 · spread now +0.188%, 7d avg +0.024%
Together, before fees+0.014%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Aster is 0.164% dearer against Gate than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.024%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.131% in total (about 6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.04 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BCH_USDT264.18−0.0104get 0.0104% / 8h4h 57m$8.3M$13.2M75x
ShortAster BCHUSDT264.680.0100get 0.0100% / 8h4h 57m$167K$519K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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

Funding earned
$42.84
Price spread: +0.188% → +0.024%
$16.4
Slippage, 4 orders
−$25.63
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
$10.61
Costs to cover
0.486%
Break-even
5.3 days
Slippage from Gate: live order book, 1 min ago; Aster: live order book, 65 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 1 min ago2.46 bp13.2 bp −$1319.5 bp −$19532.5 bp −$3,25047.1 bp −$23.5K
Sell Aster live order book, 65 min ago4.33 bp12.0 bp −$1228.9 bp −$289doesn't fitdoesn't fit

BCH on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BCH-USDT−0.0926%8h264.52+0.129%$2K$1.7M30xas long as short
SoDEX BCH-USD−0.0396%1h264.51+0.125%$2K$8K10xas long as short
HTX BCH-USDT−0.0369%8h264.63+0.170%$769K$1.4M75xas long as short
Phemex BCHUSDT−0.0357%8h264.53+0.132%$4.9M$6.4M50xas long as short
Deribit BCH_USDC-PERPETUAL−0.0165%1h264.69+0.193%$443K$331K25xas long as short
GRVT BCH_USDT_Perp−0.0125%8h264.68+0.188%$386K$17K10xas long as short
MEXC BCH_USDT−0.0106%8h264.41+0.087%$69.7M$7.1M200xas long as short
Binance BCHUSDT−0.0106%8h263.93−0.095%$71.9M$213.5M75xas long as short
Extended BCH-USD−0.0104%1h264.00−0.067%$112K$952K25xas long as short
Gate BCH_USDTlong−0.0104%8h264.18long leg$8.3M$13.2M75x
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BCH-PERP-INTX−0.0104%1h264.80+0.235%$222K$1.8M50xas long as short
Variational Omni BCH−0.0101%8h264.60+0.157%$81K$201Kas long as short
OKX BCH-USDT-SWAP−0.0080%8h263.80−0.144%$24.9M$73.7M50xas long as short
KuCoin BCHUSDTM−0.0079%8h264.30+0.045%$8.5M$7.1M75xas long as short
Bitget BCHUSDT−0.0072%8h264.07−0.042%$19.0M$28.1M75xas long as short
Bybit BCHUSDT−0.0049%8h263.80−0.144%$39.0M$31.0M75xas long as short
Nado BCH-PERP−0.0045%1h264.58+0.153%$420K$339K10xas long as short
BingX BCH-USDC−0.0034%8h263.92−0.098%$6.5Mas long as short
ApeX Omni BCHUSDT−0.0020%1h264.85+0.254%$96K$228K50xas long as short
gTrade (Gains Network) BCH/USDL −0.0004% / S +0.0007%1h264.85+0.252%$15K150xas long as short
dYdX BCH-USD0.0000%1h265.24+0.400%$5K$24810xas long as short
Kalshi KXBCHPERP0.0000%8h265.35+0.443%$1.1M$10.2M2.7xas long as short
Kraken Futures PF_BCHUSD+0.0011%1h264.75+0.218%$848K$3.0M50xas long as short
BloFin BCH-USDT+0.0014%8h265.08+0.341%$3.9M$4.2M50xas long as short
Orderly PERP_BCH_USDC+0.0033%8h264.54+0.136%$2K$17610xas long as short
Injective BCH/USDC PERP+0.0033%1h270.20+2.279%$721$130K12xas long as short
Pacifica BCH+0.0077%1h265.07+0.338%$161K$321K10xas long as short
Lighter BCH+0.0096%1h264.49+0.118%$362K$482K10xas long as short
Hyperliquid BCH+0.0100%1h264.51+0.125%$5.7M$4.7M10xas long as short
Aster BCHUSDTshort+0.0100%8h264.68+0.188%$167K$519K75x
edgeX BCHUSDC+0.0100%4h264.55+0.141%$19K$291K20xas long as short
GMX BCH/USD [WBTC.b-USDC]L +0.0356% / S −0.0525%1h264.77+0.223%$25K100xas long as short