Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0167%/8h= +18.3% APRpaid last 24h +0.038%

Price spread now: Aster against Kraken Futures−0.017%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$530.531% of the position

Long on Kraken Futures Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.243%+$24 on $10k

Price spread, last 4 days (all we have)+0.275%+$28 · spread now −0.017%, 7d avg −0.025%

Together, before fees+0.518%+ Points / potential airdropAster: Stage 5 · farm board+$52 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.025%, 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	Kraken Futures PF_BCHUSD	267.17	−0.0158	get 0.0020% / 1h	35m 56s	$867K	$2.7M	50x
Short	Aster BCHUSDT	267.12	0.0009	get 0.0009% / 8h	7h 35m	$144K	$574K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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 Kraken FuturesbpFee AsterbpOrdersPrice spread, now −0.017%Rate

Funding earned: $35.17
Price spread: −0.017% → −0.025%: $0.73
Slippage, 4 orders: −$35.12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$17.21
Costs to cover: 0.531%
Break-even: 10.4 days

Slippage from Kraken Futures: live order book, 3 min ago; Aster: live order book, 62 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 Kraken Futures live order book, 3 min ago	6.72 bp	14.2 bp −$14	22.9 bp −$229	doesn't fit	doesn't fit
Sell Aster live order book, 62 min ago	4.73 bp	10.8 bp −$11	24.9 bp −$249	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
SoDEX BCH-USD	−0.0368%	1h	266.95	−0.082%	$2K	$8K	10x	as long as short
GRVT BCH_USDT_Perp	−0.0192%	8h	267.51	+0.127%	$390K	$17K	10x	as long as short
Phemex BCHUSDT	−0.0178%	8h	266.94	−0.086%	$4.9M	$6.5M	50x	as long as short
Kraken Futures PF_BCHUSDlong	−0.0158%	1h	267.17	long leg	$867K	$2.7M	50x
Variational Omni BCH	−0.0131%	8h	267.41	+0.088%	$148K	$262K	—	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0106%	1h	267.03	−0.053%	$419K	$359K	25x	as long as short
OKX BCH-USDT-SWAP	−0.0092%	8h	266.70	−0.176%	$25.2M	$78.3M	50x	as long as short
KuCoin BCHUSDTM	−0.0074%	8h	267.03	−0.052%	$8.5M	$6.2M	75x	as long as short
Bitget BCHUSDT	−0.0071%	8h	266.84	−0.123%	$19.2M	$27.2M	75x	as long as short
Gate BCH_USDT	−0.0065%	8h	266.94	−0.086%	$8.3M	$12.9M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BCH_USDT	−0.0052%	8h	267.45	+0.105%	$71.8M	$9.2M	200x	as long as short
Binance BCHUSDT	−0.0051%	8h	266.91	−0.097%	$73.8M	$216.1M	75x	as long as short
Extended BCH-USD	−0.0048%	1h	266.77	−0.151%	$119K	$912K	25x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	267.13	−0.017%	$15K	—	150x	as long as short
Pacifica BCH	−0.0002%	1h	267.17	−0.002%	$155K	$296K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	267.37	+0.074%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	267.33	+0.060%	$1.0M	$9.1M	2.7x	as long as short
Aster BCHUSDTshort	+0.0009%	8h	267.12	−0.017%	$144K	$574K	75x
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.134%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0044%	8h	266.96	−0.078%	$2K	—	10x	as long as short
BloFin BCH-USDT	+0.0067%	8h	267.66	+0.184%	$3.6M	$5.0M	50x	as long as short
Bybit BCHUSDT	+0.0072%	8h	266.90	−0.101%	$39.5M	$32.2M	75x	as long as short
Coinbase International BCH-PERP-INTX	+0.0088%	1h	268.36	+0.446%	$304K	$2.1M	50x	as long as short
Lighter BCH	+0.0096%	1h	267.06	−0.040%	$376K	$495K	10x	as long as short
Nado BCH-PERP	+0.0100%	1h	266.94	−0.084%	$429K	$352K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	267.24	+0.026%	$5.8M	$4.7M	10x	as long as short
BingX BCH-USDT	+0.0100%	8h	266.91	−0.097%	—	$15.2M	—	as long as short
edgeX BCHUSDC	+0.0100%	4h	267.51	+0.129%	$19K	$345K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	267.70	+0.199%	$96K	$241K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	266.93	−0.090%	$2K	$1.6M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	267.27	+0.038%	$779K	$1.4M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	267.12	−0.019%	$12K	—	100x	as long as short