Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0107%/8h= −11.7% APRpaid last 24h −0.032%

Price spread now: gTrade (Gains Network) against Aster+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 Aster 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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.055% dearer against Aster than usual: you sell high and buy low (spread +0.055% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 41 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BCHUSDT	268.75	0.0100	pay 0.0100% / 8h	7h 35m	$177K	$666K	75x
Short	gTrade (Gains Network) BCH/USD	268.90	L 0.0000% / S +0.0007%	pay 0.0001% / 1h	35m 12s	$4K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Aster. 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 AsterbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.055%Rate

Funding earned: −$22.53
Price spread: +0.055% → 0.000%: $5.51
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$35.02
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 37 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 Aster live order book, 37 min ago	4.51 bp	9.4 bp −$9	29.2 bp −$292	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
Phemex BCHUSDT	−0.0714%	8h	268.94	+0.069%	$4.9M	$6.5M	50x	as long as short
SoDEX BCH-USD	−0.0514%	1h	268.79	+0.013%	$2K	$6K	10x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0404%	1h	268.88	+0.048%	$454K	$266K	25x	as long as short
HTX BCH-USDT	−0.0263%	8h	268.83	+0.028%	$780K	$1.6M	75x	as long as short
GRVT BCH_USDT_Perp	−0.0258%	8h	267.76	−0.370%	$390K	$17K	10x	as long as short
ApeX Omni BCHUSDT	−0.0171%	1h	268.26	−0.184%	$73K	$214K	50x	as long as short
Variational Omni BCH	−0.0127%	8h	268.51	−0.092%	$82K	$285K	—	as long as short
Gate BCH_USDT	−0.0095%	8h	269.06	+0.114%	$8.5M	$14.2M	75x	as long as short
Extended BCH-USD	−0.0056%	1h	268.71	−0.017%	$117K	$975K	25x	as long as short
Coinbase International BCH-PERP-INTX	−0.0056%	1h	268.58	−0.065%	$227K	$2.1M	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BCH_USDT	−0.0055%	8h	269.25	+0.184%	$70.5M	$6.6M	200x	as long as short
Binance BCHUSDT	−0.0055%	8h	268.93	+0.065%	$72.9M	$230.3M	75x	as long as short
Kraken Futures PF_BCHUSD	−0.0049%	1h	269.00	+0.091%	$858K	$3.1M	50x	as long as short
Bybit BCHUSDT	−0.0039%	8h	268.91	+0.058%	$39.8M	$32.6M	75x	as long as short
Bitget BCHUSDT	−0.0008%	8h	268.95	+0.073%	$19.3M	$29.4M	75x	as long as short
Nado BCH-PERP	−0.0002%	1h	268.73	−0.008%	$441K	$420K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	268.96	+0.075%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	269.04	+0.106%	$1.1M	$10.8M	2.7x	as long as short
gTrade (Gains Network) BCH/USDshort	L 0.0000% / S +0.0007%	1h	268.90	+0.055%	$4K	—	150x
BingX BCH-USDT	+0.0020%	8h	268.94	+0.069%	—	$31.2M	—	as long as short
OKX BCH-USDT-SWAP	+0.0024%	8h	268.90	+0.054%	$26.1M	$77.0M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0031%	8h	268.78	+0.009%	$2K	$176	10x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+0.538%	$721	$130K	12x	as long as short
BloFin BCH-USDT	+0.0065%	8h	268.83	+0.028%	$3.9M	$4.3M	50x	as long as short
Lighter BCH	+0.0096%	1h	268.99	+0.087%	$370K	$529K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	269.36	+0.225%	$6.0M	$4.4M	10x	as long as short
Aster BCHUSDTlong	+0.0100%	8h	268.75	long leg	$177K	$666K	75x
Pacifica BCH	+0.0100%	1h	268.78	+0.010%	$163K	$407K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	269.01	+0.095%	$9.0M	$7.6M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	267.71	−0.389%	$19K	$290K	20x	as long as short
SunX BCH-USDT	+0.0100%	8h	268.56	−0.073%	$2K	$1.9M	30x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0334% / S −0.0224%	1h	268.91	+0.059%	$31K	—	100x	as long as short