Settings8H · net · $10k
Funding arb · Price arb /

BCH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0205%/8h= −22.4% APRnext payment $2.05 per $10,000 · paid last 24h −0.010%
Price spread now: Gate against Aster−0.123%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$490.492% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.131%−$13 on $10k
Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.123%, 7d avg −0.025%
Together, before fees−0.045%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.098% cheaper against Aster than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.025%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.131% in total (about -6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.05 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BCHUSDT263.770.0100pay 0.0100% / 8h4h 49m$167K$520K75x
ShortGate BCH_USDT263.44−0.0105pay 0.0105% / 8h4h 49m$8.2M$13.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
−$43.05
Price spread: −0.123% → −0.025%
−$9.83
Slippage, 4 orders
−$26.25
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$102.12
Costs to cover
0.492%
Break-even
never at this rate
Slippage from Aster: live order book, 8 min ago; Gate: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 8 min ago5.86 bp10.1 bp −$1024.6 bp −$246doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago2.08 bp13.5 bp −$1319.4 bp −$19458.9 bp −$5,89385.7 bp −$42.9K

BCH on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BCH-USDT−0.0799%8h263.34−0.161%$1K$1.7M30xas long as short
SoDEX BCH-USD−0.0396%1h263.89+0.047%$2K$8K10xas long as short
HTX BCH-USDT−0.0340%8h263.85+0.032%$769K$1.4M75xas long as short
Phemex BCHUSDT−0.0334%8h263.86+0.036%$4.9M$6.4M50xas long as short
Nado BCH-PERP−0.0198%1h263.45−0.120%$419K$338K10xas long as short
GRVT BCH_USDT_Perp−0.0114%8h264.97+0.456%$386K$17K10xas long as short
Binance BCHUSDT−0.0105%8h263.41−0.135%$71.7M$213.4M75xas long as short
Gate BCH_USDTshort−0.0105%8h263.44−0.123%$8.2M$13.3M75x
MEXC BCH_USDT−0.0105%8h263.80+0.013%$69.8M$7.4M200xas long as short
Extended BCH-USD−0.0104%1h263.29−0.182%$111K$951K25xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BCH-PERP-INTX−0.0104%1h264.21+0.168%$220K$1.8M50xas long as short
OKX BCH-USDT-SWAP−0.0093%8h263.30−0.177%$24.8M$73.8M50xas long as short
Deribit BCH_USDC-PERPETUAL−0.0091%1h263.56−0.076%$441K$331K25xas long as short
Variational Omni BCH−0.0089%8h263.90+0.052%$81K$201Kas long as short
KuCoin BCHUSDTM−0.0089%8h263.43−0.127%$8.5M$7.1M75xas long as short
ApeX Omni BCHUSDT−0.0080%1h264.13+0.138%$96K$228K50xas long as short
Bitget BCHUSDT−0.0076%8h263.36−0.154%$18.9M$28.1M75xas long as short
Bybit BCHUSDT−0.0035%8h263.40−0.139%$38.9M$30.9M75xas long as short
BingX BCH-USDT−0.0025%8h263.43−0.127%$32.1Mas long as short
gTrade (Gains Network) BCH/USDL −0.0004% / S +0.0007%1h263.68−0.034%$15K150xas long as short
dYdX BCH-USD0.0000%1h263.93+0.063%$5K$24810xas long as short
Kalshi KXBCHPERP0.0000%8h264.35+0.222%$1.0M$10.2M2.7xas long as short
Kraken Futures PF_BCHUSD+0.0011%1h263.58−0.071%$845K$3.0M50xas long as short
BloFin BCH-USDT+0.0015%8h264.27+0.191%$3.9M$4.2M50xas long as short
Injective BCH/USDC PERP+0.0033%1h270.20+2.439%$721$130K12xas long as short
Orderly PERP_BCH_USDC+0.0035%8h263.36−0.154%$2K$17610xas long as short
Pacifica BCH+0.0077%1h263.63−0.052%$160K$306K10xas long as short
Lighter BCH+0.0096%1h263.65−0.043%$361K$482K10xas long as short
Hyperliquid BCH+0.0100%1h263.73−0.014%$5.7M$4.6M10xas long as short
Aster BCHUSDTlong+0.0100%8h263.77long leg$167K$520K75x
edgeX BCHUSDC+0.0100%4h264.82+0.400%$19K$290K20xas long as short
GMX BCH/USD [WBTC.b-USDC]L +0.0356% / S −0.0525%1h263.58−0.069%$25K100xas long as short