Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0367%/8h= +40.2% APRpaid last 24h +0.046%

Price spread now: GMX against Aster+0.149%7-day average — · you sell dearer than you buy

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

Long on Aster Short on GMX

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and GMX is 0.149% dearer against Aster than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BCHUSDT	270.71	0.0100	pay 0.0100% / 8h	1h 31m	$221K	$700K	75x
Short	GMX BCH/USD [WBTC.b-USDC]	271.12	L +0.0342% / S −0.0467%	get 0.0058% / 1h	31m 24s	$26K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now +0.149%Rate

Funding earned: $77.08
Price spread: +0.149% → 0.000%: $14.9
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $71.98
Costs to cover: 0.200%
Break-even: 0.5 days

Slippage unknown: Aster: live order book, 51 min ago; GMX: 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 Aster live order book, 51 min ago	3.16 bp	8.4 bp −$8	26.2 bp −$262	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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	−0.1392%	1h	270.53	−0.068%	$459K	$265K	25x	as long as short
Phemex BCHUSDT	−0.0191%	8h	270.46	−0.094%	$5.0M	$6.3M	50x	as long as short
Injective BCH/USDC PERP	−0.0154%	1h	270.20	−0.190%	$721	$130K	12x	as long as short
SoDEX BCH-USD	−0.0127%	1h	270.41	−0.112%	$2K	$6K	10x	as long as short
Variational Omni BCH	−0.0082%	8h	271.12	+0.150%	$86K	$291K	—	as long as short
Binance BCHUSDT	−0.0060%	8h	270.56	−0.057%	$75.3M	$233.1M	75x	as long as short
MEXC BCH_USDT	−0.0059%	8h	271.10	+0.143%	$71.2M	$6.5M	200x	as long as short
Extended BCH-USD	−0.0056%	1h	270.34	−0.140%	$117K	$653K	25x	as long as short
Bybit BCHUSDT	−0.0033%	8h	270.30	−0.153%	$39.5M	$32.9M	75x	as long as short
Gate BCH_USDT	−0.0010%	8h	270.45	−0.098%	$8.4M	$14.8M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BCHUSDT	−0.0002%	8h	270.49	−0.083%	$20.0M	$29.1M	75x	as long as short
dYdX BCH-USD	0.0000%	1h	270.56	−0.058%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	271.00	+0.106%	$1.3M	$11.8M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	270.66	−0.020%	$4K	—	150x	as long as short
GRVT BCH_USDT_Perp	+0.0014%	8h	271.43	+0.264%	$396K	$17K	10x	as long as short
Coinbase International BCH-PERP-INTX	+0.0016%	1h	270.60	−0.042%	$233K	$2.1M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0025%	8h	270.37	−0.127%	$2K	$176	10x	as long as short
BloFin BCH-USDT	+0.0060%	8h	270.54	−0.064%	$4.0M	$4.2M	50x	as long as short
BingX BCH-USDT	+0.0066%	8h	270.54	−0.064%	—	$30.5M	—	as long as short
OKX BCH-USDT-SWAP	+0.0067%	8h	270.40	−0.116%	$26.2M	$78.2M	50x	as long as short
Lighter BCH	+0.0096%	1h	270.60	−0.042%	$378K	$584K	10x	as long as short
Nado BCH-PERP	+0.0100%	1h	270.54	−0.064%	$445K	$428K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	270.82	+0.039%	$6.1M	$4.2M	10x	as long as short
Aster BCHUSDTlong	+0.0100%	8h	270.71	long leg	$221K	$700K	75x
Pacifica BCH	+0.0100%	1h	270.60	−0.042%	$164K	$468K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	270.61	−0.038%	$9.2M	$8.0M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	271.01	+0.108%	$19K	$290K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	271.05	+0.124%	$73K	$214K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	270.39	−0.120%	$2K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	270.41	−0.112%	$779K	$1.7M	75x	as long as short
Kraken Futures PF_BCHUSD	+0.0112%	1h	270.75	+0.014%	$816K	$3.2M	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]short	L +0.0342% / S −0.0467%	1h	271.12	+0.149%	$26K	—	100x