Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0051%/8h= +5.6% APRpaid last 24h −0.022%

Price spread now: gTrade (Gains Network) against Gate−0.030%7-day average — · you buy dearer than you sell

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

Long on Gate 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—needs both histories

Funding pays, the price is against you. gTrade (Gains Network) is 0.030% cheaper against Gate than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2.0 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BCH_USDT	269.23	−0.0058	get 0.0058% / 8h	7h 33m	$8.5M	$14.2M	75x
Short	gTrade (Gains Network) BCH/USD	269.15	L 0.0000% / S +0.0007%	pay 0.0001% / 1h	33m 13s	$4K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.030%Rate

Funding earned: $10.65
Price spread: −0.030% → 0.000%: −$3.05
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$17.4
Costs to cover: 0.250%
Break-even: 18.4 days

Slippage unknown: Gate: live order book, 5 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 Gate live order book, 5 min ago	1.87 bp	11.5 bp −$11	14.8 bp −$148	30.0 bp −$2,997	43.5 bp −$21.7K
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	−0.0785%	8h	268.90	−0.123%	$4.9M	$6.5M	50x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0545%	1h	269.06	−0.062%	$455K	$266K	25x	as long as short
SoDEX BCH-USD	−0.0516%	1h	268.88	−0.130%	$2K	$6K	10x	as long as short
GRVT BCH_USDT_Perp	−0.0180%	8h	268.67	−0.209%	$391K	$17K	10x	as long as short
HTX BCH-USDT	−0.0174%	8h	269.15	−0.030%	$782K	$1.6M	75x	as long as short
ApeX Omni BCHUSDT	−0.0171%	1h	268.26	−0.360%	$73K	$214K	50x	as long as short
Variational Omni BCH	−0.0127%	8h	268.51	−0.268%	$82K	$285K	—	as long as short
Gate BCH_USDTlong	−0.0058%	8h	269.23	long leg	$8.5M	$14.2M	75x
Extended BCH-USD	−0.0056%	1h	268.79	−0.162%	$117K	$1.0M	25x	as long as short
Coinbase International BCH-PERP-INTX	−0.0056%	1h	268.58	−0.241%	$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
Binance BCHUSDT	−0.0055%	8h	268.99	−0.089%	$72.9M	$230.2M	75x	as long as short
MEXC BCH_USDT	−0.0054%	8h	269.52	+0.108%	$70.6M	$6.6M	200x	as long as short
Kraken Futures PF_BCHUSD	−0.0049%	1h	269.07	−0.059%	$858K	$3.1M	50x	as long as short
Bybit BCHUSDT	−0.0015%	8h	269.00	−0.085%	$39.8M	$32.7M	75x	as long as short
Bitget BCHUSDT	−0.0009%	8h	268.99	−0.089%	$19.3M	$29.4M	75x	as long as short
Nado BCH-PERP	0.0000%	1h	269.24	+0.005%	$442K	$420K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	269.39	+0.059%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	269.52	+0.108%	$1.1M	$10.9M	2.7x	as long as short
gTrade (Gains Network) BCH/USDshort	L 0.0000% / S +0.0007%	1h	269.15	−0.030%	$4K	—	150x
BingX BCH-USDT	+0.0020%	8h	269.10	−0.048%	—	$31.2M	—	as long as short
OKX BCH-USDT-SWAP	+0.0023%	8h	269.00	−0.085%	$26.1M	$77.1M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0031%	8h	268.99	−0.089%	$2K	$176	10x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+0.360%	$721	$130K	12x	as long as short
BloFin BCH-USDT	+0.0065%	8h	268.84	−0.145%	$3.9M	$4.2M	50x	as long as short
Lighter BCH	+0.0096%	1h	268.99	−0.090%	$370K	$529K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	269.57	+0.126%	$6.0M	$4.4M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	269.31	+0.031%	$178K	$666K	75x	as long as short
Pacifica BCH	+0.0100%	1h	269.30	+0.026%	$164K	$407K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	269.06	−0.063%	$9.0M	$7.6M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	268.60	−0.234%	$19K	$291K	20x	as long as short
SunX BCH-USDT	+0.0100%	8h	269.01	−0.082%	$2K	$1.9M	30x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0334% / S −0.0451%	1h	269.11	−0.046%	$25K	—	100x	as long as short