Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0154%/8h= −16.9% APRpaid last 24h −0.019%

Price spread now: Nado against Bitget−0.026%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$390.388% of the position

Long on Bitget Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.078%−$8 on $10k

Price spread, last 4 days (all we have)+0.238%+$24 · spread now −0.026%, 7d avg −0.007%

Together, before fees+0.160%+ Points / potential airdropNado: Active · farm board+$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BCHUSDT	263.78	−0.0078	get 0.0078% / 8h	4h 41m	$19.0M	$28.1M	75x
Short	Nado BCH-PERP	263.71	−0.0232	pay 0.0029% / 1h	41m 35s	$423K	$340K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Bitget. 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 BitgetbpFee NadobpOrdersPrice spread, now −0.026%Rate

Funding earned: −$32.42
Price spread: −0.026% → −0.007%: −$1.89
Slippage, 4 orders: −$19.79
Fee Bitget: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$73.1
Costs to cover: 0.388%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; Nado: live order book, 16 min ago.

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 Bitget live order book, 2 min ago	1.33 bp	11.9 bp −$12	14.7 bp −$147	39.1 bp −$3,914	doesn't fit
Sell Nado live order book, 16 min ago	1.14 bp	7.2 bp −$7	22.0 bp −$220	doesn't fit	doesn't fit

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
SunX BCH-USDT	−0.0721%	8h	263.61	−0.064%	$2K	$1.7M	30x	as long as short
HTX BCH-USDT	−0.0323%	8h	263.94	+0.061%	$770K	$1.4M	75x	as long as short
SoDEX BCH-USD	−0.0299%	1h	263.85	+0.027%	$2K	$8K	10x	as long as short
Phemex BCHUSDT	−0.0291%	8h	263.85	+0.027%	$4.9M	$6.4M	50x	as long as short
Nado BCH-PERPshort	−0.0232%	1h	263.71	−0.026%	$423K	$340K	10x
GRVT BCH_USDT_Perp	−0.0113%	8h	263.84	+0.024%	$385K	$17K	10x	as long as short
Extended BCH-USD	−0.0104%	1h	263.75	−0.013%	$114K	$955K	25x	as long as short
Coinbase International BCH-PERP-INTX	−0.0104%	1h	264.08	+0.114%	$219K	$1.8M	50x	as long as short
Binance BCHUSDT	−0.0103%	8h	263.89	+0.042%	$71.9M	$213.6M	75x	as long as short
MEXC BCH_USDT	−0.0103%	8h	264.29	+0.193%	$70.0M	$7.5M	200x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BCH_USDT	−0.0096%	8h	263.90	+0.045%	$8.3M	$13.5M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0095%	8h	263.80	+0.008%	$24.9M	$74.2M	50x	as long as short
KuCoin BCHUSDTM	−0.0095%	8h	263.80	+0.008%	$8.5M	$7.1M	75x	as long as short
Variational Omni BCH	−0.0085%	8h	263.60	−0.068%	$81K	$201K	—	as long as short
Bitget BCHUSDTlong	−0.0078%	8h	263.78	long leg	$19.0M	$28.1M	75x
ApeX Omni BCHUSDT	−0.0050%	1h	263.82	+0.015%	$96K	$228K	50x	as long as short
Bybit BCHUSDT	−0.0020%	8h	263.80	+0.008%	$39.0M	$30.9M	75x	as long as short
BingX BCH-USDT	−0.0019%	8h	263.82	+0.015%	—	$32.1M	—	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0011%	1h	263.97	+0.071%	$442K	$331K	25x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	264.03	+0.095%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	263.96	+0.070%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	264.08	+0.114%	$1.0M	$10.2M	2.7x	as long as short
Kraken Futures PF_BCHUSD	+0.0011%	1h	264.00	+0.084%	$846K	$3.0M	50x	as long as short
BloFin BCH-USDT	+0.0016%	8h	264.05	+0.102%	$3.9M	$4.2M	50x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.434%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0034%	8h	263.86	+0.030%	$2K	$176	10x	as long as short
Pacifica BCH	+0.0077%	1h	263.84	+0.023%	$160K	$306K	10x	as long as short
Lighter BCH	+0.0096%	1h	263.83	+0.019%	$360K	$484K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	264.05	+0.102%	$5.7M	$4.6M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	264.01	+0.087%	$166K	$520K	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	264.10	+0.121%	$19K	$288K	20x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0356% / S −0.0525%	1h	263.99	+0.081%	$25K	—	100x	as long as short