Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0125%/8h= −13.6% APRpaid last 24h −0.049%

Price spread now: SoDEX against Gate−0.056%7-day average — · you buy dearer than you sell

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

Long on Gate Short on SoDEX

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 −$4 a day on $10k at the current rate, and SoDEX is 0.056% cheaper against Gate than usual: you would sell low and buy high (−$6 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	Gate BCH_USDT	268.03	−0.0030	get 0.0030% / 8h	2h 02m	$8.4M	$14.5M	75x
Short	SoDEX BCH-USD	267.88	−0.0155	pay 0.0019% / 1h	2m 55s	$2K	$6K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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

Position, each leg$Hold fordaysFee GatebpFee SoDEXbpOrdersPrice spread, now −0.056%Rate

Funding earned: −$26.15
Price spread: −0.056% → 0.000%: −$5.6
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$54.75
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 1 min ago; SoDEX: no order-book sample. 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 Gate live order book, 1 min ago	1.87 bp	12.7 bp −$13	18.6 bp −$186	34.4 bp −$3,441	47.0 bp −$23.5K
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	−0.0309%	1h	267.99	−0.014%	$438K	$247K	25x	as long as short
Injective BCH/USDC PERP	−0.0304%	1h	268.50	+0.175%	$716	$110K	12x	as long as short
Phemex BCHUSDT	−0.0175%	8h	267.87	−0.060%	$4.9M	$6.3M	50x	as long as short
SoDEX BCH-USDshort	−0.0155%	1h	267.88	−0.056%	$2K	$6K	10x
MEXC BCH_USDT	−0.0091%	8h	268.63	+0.224%	$71.1M	$6.4M	200x	as long as short
Binance BCHUSDT	−0.0091%	8h	268.00	−0.013%	$73.9M	$229.4M	75x	as long as short
Extended BCH-USD	−0.0088%	1h	267.90	−0.047%	$115K	$653K	25x	as long as short
Variational Omni BCH	−0.0073%	8h	267.74	−0.109%	$85K	$291K	—	as long as short
Bitget BCHUSDT	−0.0035%	8h	267.94	−0.034%	$19.9M	$29.0M	75x	as long as short
Gate BCH_USDTlong	−0.0030%	8h	268.03	long leg	$8.4M	$14.5M	75x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BCH-PERP-INTX	−0.0024%	1h	268.88	+0.317%	$242K	$2.1M	50x	as long as short
GRVT BCH_USDT_Perp	−0.0017%	8h	267.84	−0.071%	$390K	$17K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	268.07	+0.015%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	268.14	+0.041%	$1.1M	$11.3M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	268.07	+0.015%	$4K	—	150x	as long as short
Bybit BCHUSDT	+0.0002%	8h	267.87	−0.060%	$39.3M	$32.2M	75x	as long as short
Orderly PERP_BCH_USDC	+0.0026%	8h	267.88	−0.056%	$2K	$176	10x	as long as short
BingX BCH-USDC	+0.0029%	8h	267.96	−0.026%	—	$6.5M	—	as long as short
BloFin BCH-USDT	+0.0029%	8h	267.94	−0.034%	$4.0M	$4.1M	50x	as long as short
OKX BCH-USDT-SWAP	+0.0030%	8h	267.90	−0.049%	$26.2M	$76.0M	50x	as long as short
Kraken Futures PF_BCHUSD	+0.0074%	1h	268.17	+0.051%	$804K	$3.2M	50x	as long as short
Lighter BCH	+0.0096%	1h	267.95	−0.029%	$376K	$581K	10x	as long as short
Nado BCH-PERP	+0.0100%	1h	267.87	−0.060%	$438K	$425K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	268.35	+0.119%	$6.0M	$4.1M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	268.04	+0.004%	$235K	$666K	75x	as long as short
Pacifica BCH	+0.0100%	1h	267.94	−0.034%	$169K	$455K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	268.06	+0.011%	$8.9M	$7.9M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	267.82	−0.080%	$19K	$289K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	268.05	+0.007%	$73K	$214K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	267.74	−0.108%	$2K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	267.76	−0.101%	$771K	$1.6M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0340% / S −0.0467%	1h	268.03	+0.001%	$26K	—	100x	as long as short