Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0066%/8h= −7.2% APRpaid last 24h −0.030%

Price spread now: gTrade (Gains Network) against OKX+0.055%7-day average — · you sell dearer than you buy

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

Long on OKX 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

The price spread pays, funding is against you. gTrade (Gains Network) is 0.055% dearer against OKX than usual: you sell high and buy low (spread +0.055% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BCH-USDT-SWAP	269.70	0.0059	pay 0.0059% / 8h	1h 09m	$26.4M	$78.3M	50x
Short	gTrade (Gains Network) BCH/USD	269.85	L 0.0000% / S +0.0007%	pay 0.0001% / 1h	9m 43s	$4K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against OKX. 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 OKXbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.055%Rate

Funding earned: −$13.88
Price spread: +0.055% → 0.000%: $5.49
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$28.39
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 4 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 OKX live order book, 4 min ago	1.85 bp	9.2 bp −$9	15.7 bp −$157	73.6 bp −$7,363	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	−0.0294%	1h	269.86	+0.057%	$457K	$265K	25x	as long as short
Phemex BCHUSDT	−0.0185%	8h	269.77	+0.026%	$4.9M	$6.5M	50x	as long as short
SoDEX BCH-USD	−0.0175%	1h	269.70	0.000%	$2K	$6K	10x	as long as short
Injective BCH/USDC PERP	−0.0154%	1h	270.20	+0.185%	$721	$130K	12x	as long as short
Variational Omni BCH	−0.0124%	8h	269.61	−0.032%	$83K	$294K	—	as long as short
Bybit BCHUSDT	−0.0065%	8h	269.75	+0.019%	$39.4M	$33.0M	75x	as long as short
Extended BCH-USD	−0.0048%	1h	269.62	−0.030%	$116K	$653K	25x	as long as short
MEXC BCH_USDT	−0.0045%	8h	270.49	+0.293%	$70.9M	$6.6M	200x	as long as short
Binance BCHUSDT	−0.0044%	8h	269.94	+0.090%	$75.1M	$234.3M	75x	as long as short
dYdX BCH-USD	0.0000%	1h	270.03	+0.123%	$5K	$248	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kalshi KXBCHPERP	0.0000%	8h	270.07	+0.137%	$1.3M	$11.8M	2.7x	as long as short
gTrade (Gains Network) BCH/USDshort	L 0.0000% / S +0.0007%	1h	269.85	+0.055%	$4K	—	150x
Gate BCH_USDT	+0.0006%	8h	269.71	+0.004%	$8.4M	$14.9M	75x	as long as short
GRVT BCH_USDT_Perp	+0.0016%	8h	269.80	+0.037%	$393K	$17K	10x	as long as short
Coinbase International BCH-PERP-INTX	+0.0016%	1h	269.96	+0.096%	$241K	$2.1M	50x	as long as short
Bitget BCHUSDT	+0.0022%	8h	269.92	+0.082%	$19.4M	$29.5M	75x	as long as short
Orderly PERP_BCH_USDC	+0.0024%	8h	269.70	0.000%	$2K	$176	10x	as long as short
OKX BCH-USDT-SWAPlong	+0.0059%	8h	269.70	long leg	$26.4M	$78.3M	50x
BingX BCH-USDT	+0.0064%	8h	269.70	0.000%	—	$30.5M	—	as long as short
BloFin BCH-USDT	+0.0074%	8h	269.82	+0.044%	$4.0M	$4.2M	50x	as long as short
Nado BCH-PERP	+0.0095%	1h	269.67	−0.010%	$442K	$428K	10x	as long as short
Lighter BCH	+0.0096%	1h	270.00	+0.109%	$378K	$588K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	270.17	+0.174%	$6.0M	$4.2M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	269.93	+0.086%	$218K	$703K	75x	as long as short
Pacifica BCH	+0.0100%	1h	269.91	+0.078%	$164K	$467K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	269.98	+0.104%	$9.3M	$8.0M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	269.89	+0.069%	$19K	$289K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	269.90	+0.074%	$73K	$213K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	269.59	−0.041%	$1K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	269.70	0.000%	$775K	$1.7M	75x	as long as short
Kraken Futures PF_BCHUSD	+0.0113%	1h	270.03	+0.124%	$818K	$3.2M	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0335% / S −0.0388%	1h	269.96	+0.096%	$26K	—	100x	as long as short