Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0290%/8h= +31.7% APRpaid last 24h +0.087%

Price spread now: Aster against SoDEX−0.046%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on Aster

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aster is 0.046% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.046% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 13 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX BCH-USD	263.28	−0.0218	get 0.0027% / 1h	39m 44s	$2K	$8K	10x
Short	Aster BCHUSDT	263.16	0.0072	get 0.0072% / 8h	2h 39m	$152K	$557K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against SoDEX. 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 SoDEXbpFee AsterbpOrdersPrice spread, now −0.046%Rate

Funding earned: $60.89
Price spread: −0.046% → 0.000%: −$4.56
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: $40.33
Costs to cover: 0.160%
Break-even: 2.4 days

Slippage unknown: SoDEX: no order-book sample; Aster: live order book, 8 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 SoDEX no order-book sample	—	—	—	—	—
Sell Aster live order book, 8 min ago	4.56 bp	11.8 bp −$12	21.4 bp −$214	doesn't fit	doesn't fit

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
HTX BCH-USDT	−0.0240%	8h	263.21	−0.027%	$767K	$1.4M	75x	as long as short
SoDEX BCH-USDlong	−0.0218%	1h	263.28	long leg	$2K	$8K	10x
Phemex BCHUSDT	−0.0185%	8h	263.24	−0.015%	$5.0M	$6.5M	50x	as long as short
Nado BCH-PERP	−0.0143%	1h	262.95	−0.125%	$429K	$350K	10x	as long as short
Bitget BCHUSDT	−0.0109%	8h	263.15	−0.049%	$18.8M	$28.4M	75x	as long as short
SunX BCH-USDT	−0.0108%	8h	263.14	−0.053%	$2K	$1.7M	30x	as long as short
KuCoin BCHUSDTM	−0.0095%	8h	263.36	+0.030%	$8.4M	$6.8M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0078%	8h	263.10	−0.068%	$25.0M	$76.4M	50x	as long as short
Variational Omni BCH	−0.0070%	8h	263.31	+0.010%	$81K	$196K	—	as long as short
Extended BCH-USD	−0.0056%	1h	262.99	−0.111%	$111K	$1.1M	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BCHUSDT	−0.0054%	8h	263.26	−0.006%	$71.7M	$218.9M	75x	as long as short
MEXC BCH_USDT	−0.0053%	8h	263.71	+0.163%	$69.7M	$8.0M	200x	as long as short
Coinbase International BCH-PERP-INTX	−0.0040%	1h	263.21	−0.027%	$219K	$1.8M	50x	as long as short
GRVT BCH_USDT_Perp	−0.0028%	8h	263.72	+0.167%	$384K	$17K	10x	as long as short
Bybit BCHUSDT	−0.0022%	8h	263.11	−0.065%	$38.7M	$31.5M	75x	as long as short
BingX BCH-USDC	−0.0014%	8h	263.24	−0.015%	—	$6.5M	—	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	263.44	+0.062%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	263.49	+0.078%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	263.67	+0.148%	$985K	$10.4M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	263.52	+0.093%	$439K	$333K	25x	as long as short
Gate BCH_USDT	+0.0004%	8h	263.29	+0.004%	$8.3M	$13.7M	75x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.628%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0045%	8h	263.34	+0.023%	$2K	$176	10x	as long as short
BloFin BCH-USDT	+0.0067%	8h	263.23	−0.019%	$3.9M	$4.4M	50x	as long as short
Aster BCHUSDTshort	+0.0072%	8h	263.16	−0.046%	$152K	$557K	75x
Lighter BCH	+0.0096%	1h	263.26	−0.007%	$353K	$495K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	263.40	+0.046%	$5.6M	$4.6M	10x	as long as short
Pacifica BCH	+0.0100%	1h	263.22	−0.022%	$158K	$306K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	263.93	+0.247%	$18K	$329K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	264.15	+0.330%	$96K	$235K	50x	as long as short
Kraken Futures PF_BCHUSD	+0.0180%	1h	263.56	+0.105%	$842K	$3.0M	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	263.38	+0.040%	$12K	—	100x	as long as short