Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0212%/8h= −23.2% APRpaid last 24h −0.021%

Price spread now: Extended against Aster−0.124%7-day average −0.085% · you buy dearer than you sell

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$380.377% of the position

Long on Aster Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.179%−$18 on $10k

Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.124%, 7d avg −0.085%

Together, before fees−0.186%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$19 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Extended is 0.039% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.085%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BCHUSDT	265.51	0.0100	pay 0.0100% / 8h	5h 37m	$168K	$519K	75x
Short	Extended BCH-USD	265.18	−0.0112	pay 0.0014% / 1h	37m 56s	$116K	$956K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Aster. 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 AsterbpFee ExtendedbpOrdersPrice spread, now −0.124%Rate

Funding earned: −$44.52
Price spread: −0.124% → −0.085%: −$3.91
Slippage, 4 orders: −$24.65
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$86.08
Costs to cover: 0.377%
Break-even: never at this rate

Slippage from Aster: live order book, 25 min ago; Extended: live order book, 25 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 Aster live order book, 25 min ago	4.33 bp	10.9 bp −$11	27.7 bp −$277	doesn't fit	doesn't fit
Sell Extended live order book, 25 min ago	1.13 bp	7.3 bp −$7	73.5 bp −$735	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
SunX BCH-USDT	−0.1783%	8h	265.20	−0.115%	$1K	$1.7M	30x	as long as short
HTX BCH-USDT	−0.0551%	8h	265.30	−0.078%	$771K	$1.5M	75x	as long as short
Phemex BCHUSDT	−0.0453%	8h	265.12	−0.146%	$4.9M	$6.6M	50x	as long as short
SoDEX BCH-USD	−0.0363%	1h	265.25	−0.097%	$2K	$8K	10x	as long as short
GRVT BCH_USDT_Perp	−0.0174%	8h	265.82	+0.117%	$388K	$17K	10x	as long as short
Coinbase International BCH-PERP-INTX	−0.0128%	1h	265.77	+0.099%	$226K	$1.8M	50x	as long as short
Nado BCH-PERP	−0.0123%	1h	265.25	−0.097%	$419K	$339K	10x	as long as short
Binance BCHUSDT	−0.0115%	8h	265.09	−0.158%	$72.2M	$215.0M	75x	as long as short
MEXC BCH_USDT	−0.0114%	8h	265.53	+0.009%	$70.1M	$6.8M	200x	as long as short
Extended BCH-USDshort	−0.0112%	1h	265.18	−0.124%	$116K	$956K	25x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BCH_USDT	−0.0108%	8h	265.19	−0.119%	$8.3M	$13.3M	75x	as long as short
Variational Omni BCH	−0.0105%	8h	265.20	−0.116%	$81K	$201K	—	as long as short
OKX BCH-USDT-SWAP	−0.0077%	8h	264.90	−0.228%	$25.2M	$74.0M	50x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0070%	1h	265.45	−0.022%	$445K	$311K	25x	as long as short
Bybit BCHUSDT	−0.0064%	8h	265.00	−0.191%	$39.1M	$31.1M	75x	as long as short
Bitget BCHUSDT	−0.0056%	8h	264.84	−0.251%	$19.1M	$28.4M	75x	as long as short
KuCoin BCHUSDTM	−0.0055%	8h	265.22	−0.108%	$8.6M	$7.2M	75x	as long as short
BingX BCH-USDT	−0.0039%	8h	265.06	−0.168%	—	$32.1M	—	as long as short
Kraken Futures PF_BCHUSD	−0.0031%	1h	265.51	0.000%	$851K	$3.0M	50x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	265.48	−0.010%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	265.51	+0.003%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	265.70	+0.073%	$1.1M	$10.3M	2.7x	as long as short
BloFin BCH-USDT	+0.0005%	8h	264.97	−0.202%	$3.9M	$4.2M	50x	as long as short
Pacifica BCH	+0.0021%	1h	265.41	−0.037%	$161K	$322K	10x	as long as short
Orderly PERP_BCH_USDC	+0.0033%	8h	265.25	−0.097%	$2K	$176	10x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.768%	$721	$130K	12x	as long as short
Lighter BCH	+0.0096%	1h	265.33	−0.068%	$365K	$477K	10x	as long as short
ApeX Omni BCHUSDT	+0.0096%	1h	265.81	+0.114%	$97K	$226K	50x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.29	−0.082%	$5.7M	$4.7M	10x	as long as short
Aster BCHUSDTlong	+0.0100%	8h	265.51	long leg	$168K	$519K	75x
edgeX BCHUSDC	+0.0100%	4h	265.32	−0.070%	$19K	$291K	20x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0333% / S −0.0451%	1h	265.51	+0.002%	$25K	—	100x	as long as short