Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0086%/8h= −9.4% APRpaid last 24h −0.004%

Price spread now: Extended against Gate−0.042%7-day average −0.060% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$400.397% of the position

Long on Gate Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.050%−$5 on $10k

Price spread, last 4 days (all we have)−0.045%−$5 · spread now −0.042%, 7d avg −0.060%

Together, before fees−0.095%+ Points / potential airdropExtended: Active · farm board−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.060%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BCH_USDT	268.93	−0.0018	get 0.0018% / 8h	2h 21m	$8.4M	$14.4M	75x
Short	Extended BCH-USD	268.82	−0.0104	pay 0.0013% / 1h	21m 57s	$105K	$643K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Gate. 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 GatebpFee ExtendedbpOrdersPrice spread, now −0.042%Rate

Funding earned: −$18.06
Price spread: −0.042% → −0.060%: $1.87
Slippage, 4 orders: −$19.7
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$55.88
Costs to cover: 0.397%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; Extended: live order book, 1 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 Gate live order book, 2 min ago	2.42 bp	13.2 bp −$13	19.6 bp −$196	33.0 bp −$3,295	45.5 bp −$22.7K
Sell Extended live order book, 1 min ago	0.93 bp	7.0 bp −$7	91.7 bp −$917	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
Injective BCH/USDC PERP	−0.0304%	1h	268.50	−0.160%	$716	$110K	12x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0281%	1h	269.00	+0.028%	$440K	$247K	25x	as long as short
Phemex BCHUSDT	−0.0206%	8h	268.88	−0.019%	$4.9M	$6.3M	50x	as long as short
SoDEX BCH-USD	−0.0133%	1h	268.89	−0.015%	$2K	$6K	10x	as long as short
MEXC BCH_USDT	−0.0105%	8h	269.55	+0.231%	$71.5M	$6.4M	200x	as long as short
Extended BCH-USDshort	−0.0104%	1h	268.82	−0.042%	$105K	$643K	25x
Binance BCHUSDT	−0.0104%	8h	268.90	−0.010%	$74.1M	$229.4M	75x	as long as short
Variational Omni BCH	−0.0076%	8h	268.64	−0.108%	$85K	$291K	—	as long as short
Bitget BCHUSDT	−0.0043%	8h	268.92	−0.004%	$19.9M	$28.9M	75x	as long as short
GRVT BCH_USDT_Perp	−0.0038%	8h	268.15	−0.290%	$391K	$17K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit BCHUSDT	−0.0031%	8h	268.90	−0.011%	$39.5M	$32.1M	75x	as long as short
Coinbase International BCH-PERP-INTX	−0.0024%	1h	268.82	−0.041%	$246K	$2.1M	50x	as long as short
Gate BCH_USDTlong	−0.0018%	8h	268.93	long leg	$8.4M	$14.4M	75x
dYdX BCH-USD	0.0000%	1h	268.96	+0.011%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	269.49	+0.208%	$1.1M	$11.3M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	269.01	+0.030%	$4K	—	150x	as long as short
BingX BCH-USDT	+0.0002%	8h	268.93	0.000%	—	$32.1M	—	as long as short
BloFin BCH-USDT	+0.0014%	8h	268.82	−0.041%	$4.0M	$4.1M	50x	as long as short
OKX BCH-USDT-SWAP	+0.0014%	8h	268.90	−0.011%	$26.4M	$76.2M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0028%	8h	268.89	−0.015%	$2K	$176	10x	as long as short
Kraken Futures PF_BCHUSD	+0.0074%	1h	269.19	+0.095%	$807K	$3.2M	50x	as long as short
Nado BCH-PERP	+0.0093%	1h	268.72	−0.078%	$440K	$425K	10x	as long as short
Lighter BCH	+0.0096%	1h	268.96	+0.012%	$377K	$581K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	269.22	+0.108%	$6.0M	$4.1M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	268.93	+0.002%	$235K	$660K	75x	as long as short
Pacifica BCH	+0.0100%	1h	268.86	−0.026%	$170K	$461K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	268.96	+0.011%	$8.9M	$8.0M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	268.14	−0.295%	$19K	$288K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	268.22	−0.264%	$73K	$213K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	268.75	−0.067%	$2K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	268.67	−0.097%	$774K	$1.6M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0373% / S −0.0574%	1h	269.02	+0.035%	$26K	—	100x	as long as short