Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0071%/8h= +7.7% APRpaid last 24h −0.017%

Price spread now: gTrade (Gains Network) against MEXC−0.060%7-day average — · you buy dearer than you sell

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

Long on MEXC 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 0.060% cheaper against MEXC than usual: you would sell low and buy high (spread −0.060% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.8 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	MEXC BCH_USDT	267.00	−0.0078	get 0.0078% / 8h	7h 01m	$70.0M	$6.7M	200x
Short	gTrade (Gains Network) BCH/USD	266.84	L −0.0003% / S +0.0007%	pay 0.0001% / 1h	1m 48s	$7K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against MEXC. 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 MEXCbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.060%Rate

Funding earned: $14.85
Price spread: −0.060% → 0.000%: −$5.99
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$5.14
Costs to cover: 0.140%
Break-even: 9.4 days

Slippage unknown: MEXC: live order book, 2 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 MEXC live order book, 2 min ago	3.54 bp	6.2 bp −$6	16.3 bp −$163	41.3 bp −$4,131	91.2 bp −$45.6K
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
Deribit BCH_USDC-PERPETUAL	−0.0615%	1h	266.75	−0.096%	$451K	$266K	25x	as long as short
SoDEX BCH-USD	−0.0562%	1h	266.53	−0.176%	$2K	$6K	10x	as long as short
Phemex BCHUSDT	−0.0352%	8h	266.65	−0.131%	$4.9M	$6.5M	50x	as long as short
GRVT BCH_USDT_Perp	−0.0217%	8h	268.16	+0.435%	$391K	$17K	10x	as long as short
ApeX Omni BCHUSDT	−0.0210%	1h	268.40	+0.524%	$73K	$214K	50x	as long as short
Gate BCH_USDT	−0.0176%	8h	266.66	−0.127%	$8.4M	$14.4M	75x	as long as short
Variational Omni BCH	−0.0122%	8h	268.20	+0.450%	$82K	$285K	—	as long as short
Binance BCHUSDT	−0.0081%	8h	266.62	−0.142%	$72.0M	$231.0M	75x	as long as short
Extended BCH-USD	−0.0080%	1h	266.58	−0.159%	$116K	$961K	25x	as long as short
MEXC BCH_USDTlong	−0.0078%	8h	267.00	long leg	$70.0M	$6.7M	200x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BCH-PERP-INTX	−0.0056%	1h	266.75	−0.094%	$236K	$2.0M	50x	as long as short
Bybit BCHUSDT	−0.0055%	8h	266.60	−0.150%	$39.3M	$32.7M	75x	as long as short
Kraken Futures PF_BCHUSD	−0.0049%	1h	266.87	−0.048%	$861K	$3.1M	50x	as long as short
Bitget BCHUSDT	−0.0028%	8h	266.58	−0.157%	$19.2M	$29.7M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0014%	8h	266.50	−0.187%	$25.8M	$75.8M	50x	as long as short
BingX BCH-USDT	−0.0004%	8h	266.55	−0.169%	—	$32.3M	—	as long as short
gTrade (Gains Network) BCH/USDshort	L −0.0003% / S +0.0007%	1h	266.84	−0.060%	$7K	—	150x
dYdX BCH-USD	0.0000%	1h	267.26	+0.097%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	267.61	+0.228%	$1.1M	$11.0M	2.7x	as long as short
Orderly PERP_BCH_USDC	+0.0030%	8h	266.67	−0.124%	$2K	$176	10x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.199%	$721	$130K	12x	as long as short
Nado BCH-PERP	+0.0040%	1h	266.74	−0.098%	$434K	$423K	10x	as long as short
BloFin BCH-USDT	+0.0041%	8h	266.85	−0.056%	$3.9M	$4.2M	50x	as long as short
Lighter BCH	+0.0096%	1h	266.73	−0.101%	$367K	$530K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	266.97	−0.012%	$6.5M	$4.6M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	266.88	−0.043%	$174K	$683K	75x	as long as short
Pacifica BCH	+0.0100%	1h	267.15	+0.057%	$162K	$407K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	266.71	−0.109%	$8.7M	$7.6M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	269.17	+0.814%	$19K	$291K	20x	as long as short
SunX BCH-USDT	+0.0100%	8h	266.52	−0.180%	$2K	$1.9M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	266.65	−0.131%	$778K	$1.6M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0334% / S −0.0451%	1h	266.89	−0.040%	$25K	—	100x	as long as short