Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0148%/8h= +16.2% APRpaid last 24h −0.022%

Price spread now: Nado against HTX+0.046%7-day average −0.011% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$820.822% of the position

Long on HTX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.096%−$10 on $10k

Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.046%, 7d avg −0.011%

Together, before fees−0.066%+ Points / potential airdropNado: Active · farm board−$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Nado is 0.057% dearer against HTX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.011%. Mind the row above: over the last 4 days funding on this pair cost −0.096%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX BCH-USDT	268.15	−0.0083	get 0.0083% / 8h	6h 17m	$785K	$1.3M	75x
Short	Nado BCH-PERP	268.27	0.0065	get 0.0008% / 1h	17m 15s	$459K	$375K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against HTX. 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 HTXbpFee NadobpOrdersPrice spread, now +0.046%Rate

Funding earned: $31
Price spread: +0.046% → −0.011%: $5.68
Slippage, 4 orders: −$63.24
Fee HTX: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$45.57
Costs to cover: 0.822%
Break-even: 17.3 days

Slippage from HTX: live order book, 5 min ago; Nado: live order book, 33 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 HTX live order book, 5 min ago	10.43 bp	17.5 bp −$18	164.5 bp −$1,645	doesn't fit	doesn't fit
Sell Nado live order book, 33 min ago	0.75 bp	8.3 bp −$8	29.9 bp −$299	doesn't fit	doesn't fit

BCH on 32 exchanges

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
SoDEX BCH-USD	−0.0395%	1h	268.34	+0.071%	$2K	$8K	10x	as long as short
Phemex BCHUSDT	−0.0219%	8h	268.34	+0.071%	$4.9M	$6.4M	50x	as long as short
Bybit BCHUSDT	−0.0139%	8h	268.21	+0.022%	$39.2M	$30.9M	75x	as long as short
Variational Omni BCH	−0.0134%	8h	268.00	−0.058%	$145K	$225K	—	as long as short
OKX BCH-USDT-SWAP	−0.0120%	8h	268.30	+0.056%	$25.5M	$75.2M	50x	as long as short
GRVT BCH_USDT_Perp	−0.0104%	8h	268.13	−0.008%	$391K	$17K	10x	as long as short
HTX BCH-USDTlong	−0.0083%	8h	268.15	long leg	$785K	$1.3M	75x
Extended BCH-USD	−0.0072%	1h	268.21	+0.022%	$117K	$915K	25x	as long as short
Binance BCHUSDT	−0.0070%	8h	268.34	+0.069%	$73.7M	$201.8M	75x	as long as short
MEXC BCH_USDT	−0.0070%	8h	268.93	+0.291%	$72.5M	$9.5M	200x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BCH_USDT	−0.0047%	8h	268.38	+0.086%	$8.1M	$12.8M	75x	as long as short
Bitget BCHUSDT	−0.0026%	8h	268.31	+0.060%	$19.2M	$27.0M	75x	as long as short
BingX BCH-USDC	−0.0026%	8h	268.31	+0.060%	—	$6.5M	—	as long as short
KuCoin BCHUSDTM	−0.0025%	8h	268.40	+0.093%	$8.8M	$5.7M	75x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0022%	1h	268.47	+0.120%	$422K	$356K	25x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	268.52	+0.138%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	268.42	+0.100%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	268.60	+0.168%	$1.0M	$8.7M	2.7x	as long as short
SunX BCH-USDT	+0.0015%	8h	267.96	−0.071%	$2K	$1.4M	30x	as long as short
Aster BCHUSDT	+0.0030%	8h	268.28	+0.047%	$146K	$527K	75x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+0.764%	$721	$130K	12x	as long as short
ApeX Omni BCHUSDT	+0.0037%	1h	268.54	+0.145%	$97K	$244K	50x	as long as short
Orderly PERP_BCH_USDC	+0.0041%	8h	268.31	+0.060%	$2K	$540	10x	as long as short
BloFin BCH-USDT	+0.0050%	8h	268.25	+0.037%	$3.5M	$5.3M	50x	as long as short
Nado BCH-PERPshort	+0.0065%	1h	268.27	+0.046%	$459K	$375K	10x
Pacifica BCH	+0.0095%	1h	268.15	+0.001%	$155K	$269K	10x	as long as short
Lighter BCH	+0.0096%	1h	268.47	+0.119%	$393K	$468K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	268.61	+0.172%	$5.9M	$4.5M	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	268.02	−0.047%	$19K	$346K	20x	as long as short
Kraken Futures PF_BCHUSD	+0.0104%	1h	268.58	+0.162%	$875K	$2.5M	50x	as long as short
Coinbase International BCH-PERP-INTX	+0.0144%	1h	268.53	+0.142%	$359K	$2.1M	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0213% / S −0.0170%	1h	268.25	+0.036%	$14K	—	100x	as long as short