Settings8H · net · $10k
Funding arb · Price arb /

BCH

all BCH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h −0.035%
Price spread now: Kraken Futures against Aster+0.149%54s7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$520.517% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.241%−$24 on $10k
Price spread, last 3 days (all we have)−0.072%−$7 · spread now +0.149%, 7d avg +0.022%
Together, before fees−0.313%+ Points / potential airdropAster: Stage 5 · farm board−$31 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Kraken Futures is 0.127% dearer against Aster than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.022%. Mind the row above: over the last 7 days funding on this pair cost −0.241%, so the current rate has only just turned in your favour. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BCHUSDT270.970.0100pay 0.0100% / 8h1h 20m$219K$703K75x
ShortKraken Futures PF_BCHUSD271.370.0112get 0.0014% / 1h20m 27s$822K$3.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Funding earned
$2.54
Price spread: +0.149% → +0.022%
$12.72
Slippage, 4 orders
−$33.67
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$36.41
Costs to cover
0.517%
Break-even
107.4 days
Slippage from Aster: live order book, 62 min ago; Kraken Futures: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 62 min ago3.16 bp8.4 bp −$826.2 bp −$262doesn't fitdoesn't fit
Sell Kraken Futures live order book, 3 min ago4.80 bp11.4 bp −$1124.4 bp −$244doesn't fitdoesn't fit

BCH on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit BCH_USDC-PERPETUAL−0.0645%1h271.12+0.055%$460K$265K25xas long as short
Phemex BCHUSDT−0.0189%8h271.14+0.062%$5.0M$6.5M50xas long as short
Injective BCH/USDC PERP−0.0154%1h270.20−0.284%$721$130K12xas long as short
Variational Omni BCH−0.0103%8h269.72−0.463%$85K$291Kas long as short
SoDEX BCH-USD−0.0101%1h271.02+0.018%$2K$6K10xas long as short
Bybit BCHUSDT−0.0048%8h270.60−0.137%$39.5M$33.0M75xas long as short
Extended BCH-USD−0.0048%1h270.73−0.089%$117K$653K25xas long as short
MEXC BCH_USDT−0.0048%8h271.41+0.162%$71.1M$6.6M200xas long as short
Binance BCHUSDT−0.0046%8h270.78−0.071%$75.3M$233.9M75xas long as short
dYdX BCH-USD0.0000%1h271.28+0.114%$5K$24810xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXBCHPERP0.0000%8h271.06+0.033%$1.3M$11.8M2.7xas long as short
gTrade (Gains Network) BCH/USDL 0.0000% / S +0.0007%1h270.95−0.008%$4K150xas long as short
Gate BCH_USDT+0.0004%8h270.90−0.026%$8.4M$14.9M75xas long as short
Bitget BCHUSDT+0.0011%8h270.80−0.063%$19.5M$29.4M75xas long as short
GRVT BCH_USDT_Perp+0.0015%8h270.09−0.325%$394K$17K10xas long as short
Coinbase International BCH-PERP-INTX+0.0016%1h270.970.000%$243K$2.1M50xas long as short
Orderly PERP_BCH_USDC+0.0025%8h270.71−0.096%$2K$17610xas long as short
BloFin BCH-USDT+0.0072%8h270.98+0.003%$4.0M$4.2M50xas long as short
OKX BCH-USDT-SWAP+0.0072%8h270.60−0.137%$26.5M$78.4M50xas long as short
BingX BCH-USDT+0.0076%8h270.87−0.037%$30.5Mas long as short
Lighter BCH+0.0096%1h270.99+0.008%$379K$587K10xas long as short
Nado BCH-PERP+0.0097%1h270.78−0.070%$444K$428K10xas long as short
Hyperliquid BCH+0.0100%1h271.13+0.060%$6.1M$4.2M10xas long as short
Aster BCHUSDTlong+0.0100%8h270.97long leg$219K$703K75x
Pacifica BCH+0.0100%1h270.97+0.001%$165K$468K10xas long as short
KuCoin BCHUSDTM+0.0100%8h270.98+0.003%$9.3M$8.0M75xas long as short
edgeX BCHUSDC+0.0100%4h269.97−0.369%$19K$289K20xas long as short
ApeX Omni BCHUSDT+0.0100%1h269.96−0.373%$73K$213K50xas long as short
SunX BCH-USDT+0.0100%8h270.83−0.052%$2K$2.0M30xas long as short
HTX BCH-USDT+0.0100%8h270.95−0.008%$779K$1.7M75xas long as short
Kraken Futures PF_BCHUSDshort+0.0112%1h271.37+0.149%$822K$3.2M50x
GMX BCH/USD [WBTC.b-USDC]L +0.0342% / S −0.0467%1h271.01+0.016%$26K100xas long as short