Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.022%

Price spread now: SunX against gTrade (Gains Network)−0.113%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on SunX

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

Funding pays, the price is against you. SunX is 0.113% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.113% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 3.8 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) BCH/USD	270.66	L 0.0000% / S +0.0007%	pay 0.0000% / 1h	44m 38s	$4K	—	150x
Short	SunX BCH-USDT	270.35	0.0100	get 0.0100% / 8h	1h 44m	$1K	$2.0M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee SunXbpOrdersPrice spread, now −0.113%Rate

Funding earned: $20.9
Price spread: −0.113% → 0.000%: −$11.31
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$8.4
Costs to cover: 0.180%
Break-even: 9.8 days

Slippage unknown: gTrade (Gains Network): no order-book sample; SunX: live order book, 11 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell SunX live order book, 11 min ago	19.57 bp	28.9 bp −$29	doesn't fit	doesn't fit	doesn't fit

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	−0.0293%	1h	270.63	−0.010%	$459K	$265K	25x	as long as short
Phemex BCHUSDT	−0.0209%	8h	270.52	−0.050%	$4.9M	$6.3M	50x	as long as short
Injective BCH/USDC PERP	−0.0154%	1h	270.20	−0.168%	$721	$130K	12x	as long as short
Variational Omni BCH	−0.0073%	8h	270.32	−0.123%	$86K	$291K	—	as long as short
Extended BCH-USD	−0.0072%	1h	271.01	+0.131%	$117K	$653K	25x	as long as short
MEXC BCH_USDT	−0.0070%	8h	271.66	+0.371%	$71.7M	$6.3M	200x	as long as short
Binance BCHUSDT	−0.0068%	8h	271.02	+0.134%	$75.4M	$232.1M	75x	as long as short
SoDEX BCH-USD	−0.0057%	1h	270.55	−0.039%	$2K	$6K	10x	as long as short
Bitget BCHUSDT	−0.0014%	8h	271.35	+0.256%	$20.1M	$29.0M	75x	as long as short
Gate BCH_USDT	−0.0009%	8h	271.23	+0.212%	$8.4M	$14.7M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX BCH-USD	0.0000%	1h	271.06	+0.151%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	270.80	+0.053%	$1.1M	$11.6M	2.7x	as long as short
gTrade (Gains Network) BCH/USDlong	L 0.0000% / S +0.0007%	1h	270.66	long leg	$4K	—	150x
Bybit BCHUSDT	+0.0002%	8h	271.00	+0.127%	$39.8M	$32.6M	75x	as long as short
GRVT BCH_USDT_Perp	+0.0006%	8h	270.65	−0.004%	$394K	$17K	10x	as long as short
Coinbase International BCH-PERP-INTX	+0.0016%	1h	270.66	+0.001%	$233K	$2.1M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0026%	8h	270.49	−0.061%	$2K	$176	10x	as long as short
BingX BCH-USDC	+0.0049%	8h	271.42	+0.282%	—	$6.5M	—	as long as short
BloFin BCH-USDT	+0.0050%	8h	270.42	−0.087%	$4.0M	$4.1M	50x	as long as short
Nado BCH-PERP	+0.0055%	1h	270.42	−0.086%	$444K	$427K	10x	as long as short
OKX BCH-USDT-SWAP	+0.0058%	8h	271.00	+0.127%	$26.2M	$77.6M	50x	as long as short
Lighter BCH	+0.0096%	1h	270.76	+0.040%	$380K	$583K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	271.05	+0.146%	$6.1M	$4.2M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	270.76	+0.039%	$221K	$700K	75x	as long as short
Pacifica BCH	+0.0100%	1h	271.02	+0.134%	$165K	$468K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	270.98	+0.120%	$9.0M	$7.9M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	270.52	−0.048%	$19K	$290K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	270.82	+0.061%	$73K	$214K	50x	as long as short
SunX BCH-USDTshort	+0.0100%	8h	270.35	−0.113%	$1K	$2.0M	30x
HTX BCH-USDT	+0.0100%	8h	270.52	−0.050%	$788K	$1.7M	75x	as long as short
Kraken Futures PF_BCHUSD	+0.0112%	1h	270.81	+0.056%	$809K	$3.2M	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0341% / S −0.0467%	1h	270.72	+0.024%	$26K	—	100x	as long as short