Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0107%/8h= −11.7% APRpaid last 24h −0.032%

Price spread now: gTrade (Gains Network) against HTX−0.068%7-day average — · you buy dearer than you sell

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

Long on HTX Short on gTrade (Gains Network)

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 −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.068% cheaper against HTX than usual: you would sell low and buy high (−$7 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	HTX BCH-USDT	270.64	0.0100	pay 0.0100% / 8h	1h 53m	$788K	$1.7M	75x
Short	gTrade (Gains Network) BCH/USD	270.46	L 0.0000% / S +0.0007%	pay 0.0001% / 1h	53m 41s	$4K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against HTX. 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 HTXbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.068%Rate

Funding earned: −$22.53
Price spread: −0.068% → 0.000%: −$6.8
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$51.33
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 5 min ago; gTrade (Gains Network): 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 HTX live order book, 5 min ago	9.69 bp	18.0 bp −$18	98.2 bp −$982	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

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	−0.0445%	1h	270.42	−0.082%	$458K	$263K	25x	as long as short
Phemex BCHUSDT	−0.0220%	8h	270.30	−0.126%	$4.9M	$6.3M	50x	as long as short
Injective BCH/USDC PERP	−0.0154%	1h	268.50	−0.791%	$716	$110K	12x	as long as short
Extended BCH-USD	−0.0080%	1h	270.10	−0.200%	$117K	$653K	25x	as long as short
Binance BCHUSDT	−0.0076%	8h	270.30	−0.125%	$74.5M	$231.8M	75x	as long as short
MEXC BCH_USDT	−0.0076%	8h	270.83	+0.070%	$71.7M	$6.3M	200x	as long as short
Variational Omni BCH	−0.0071%	8h	269.23	−0.522%	$86K	$291K	—	as long as short
Bitget BCHUSDT	−0.0023%	8h	270.23	−0.151%	$20.0M	$29.0M	75x	as long as short
Gate BCH_USDT	−0.0020%	8h	270.28	−0.133%	$8.4M	$14.6M	75x	as long as short
Nado BCH-PERP	−0.0010%	1h	270.45	−0.069%	$444K	$427K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BCH_USDT_Perp	−0.0006%	8h	268.37	−0.837%	$391K	$17K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	270.48	−0.060%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	270.77	+0.048%	$1.2M	$11.4M	2.7x	as long as short
gTrade (Gains Network) BCH/USDshort	L 0.0000% / S +0.0007%	1h	270.46	−0.068%	$4K	—	150x
Bybit BCHUSDT	+0.0002%	8h	270.23	−0.151%	$39.7M	$32.5M	75x	as long as short
Coinbase International BCH-PERP-INTX	+0.0016%	1h	270.47	−0.063%	$234K	$2.1M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0026%	8h	270.35	−0.107%	$2K	$176	10x	as long as short
BingX BCH-USDT	+0.0038%	8h	270.34	−0.111%	—	$31.9M	—	as long as short
BloFin BCH-USDT	+0.0040%	8h	270.82	+0.067%	$4.0M	$4.2M	50x	as long as short
OKX BCH-USDT-SWAP	+0.0044%	8h	270.20	−0.163%	$26.2M	$77.3M	50x	as long as short
Lighter BCH	+0.0096%	1h	270.35	−0.108%	$379K	$583K	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	270.46	−0.067%	$221K	$700K	75x	as long as short
Pacifica BCH	+0.0100%	1h	270.30	−0.126%	$171K	$455K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	270.42	−0.081%	$9.0M	$8.0M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	268.15	−0.922%	$19K	$288K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	268.56	−0.769%	$73K	$214K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	270.12	−0.192%	$1K	$2.0M	30x	as long as short
SoDEX BCH-USD	+0.0100%	1h	270.32	−0.118%	$2K	$6K	10x	as long as short
HTX BCH-USDTlong	+0.0100%	8h	270.64	long leg	$788K	$1.7M	75x
Hyperliquid BCH	+0.0105%	1h	270.61	−0.011%	$6.1M	$4.2M	10x	as long as short
Kraken Futures PF_BCHUSD	+0.0112%	1h	270.55	−0.035%	$809K	$3.2M	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0341% / S −0.0467%	1h	270.47	−0.063%	$26K	—	100x	as long as short