Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0159%/8h= +17.4% APRpaid last 24h +0.083%

Price spread now: GMX against BingX+0.071%7-day average — · you sell dearer than you buy

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

Long on BingX Short on GMX

What this pair did over the last

the charts below follow

Funding, last 4 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

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and GMX is 0.071% dearer against BingX than usual: you sell high and buy low: +$7 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	BingX BCH-USDT	269.78	0.0004	pay 0.0004% / 8h	7h 03m	—	$14.6M	—
Short	GMX BCH/USD [WBTC.b-USDC]	269.97	L +0.0210% / S −0.0163%	get 0.0020% / 1h	3m 00s	$13K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against BingX. 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 BingXbpFee GMXbpOrdersPrice spread, now +0.071%Rate

Funding earned: $33.45
Price spread: +0.071% → 0.000%: $7.13
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $18.58
Costs to cover: 0.220%
Break-even: 3.1 days

Slippage unknown: BingX: live order book, 10 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 BingX live order book, 10 min ago	0.37 bp	5.7 bp −$6	7.3 bp −$73	12.2 bp −$1,219	20.4 bp −$10.2K
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
SoDEX BCH-USD	−0.0413%	1h	269.76	−0.007%	$2K	$8K	10x	as long as short
Phemex BCHUSDT	−0.0367%	8h	269.74	−0.015%	$5.0M	$6.5M	50x	as long as short
Kraken Futures PF_BCHUSD	−0.0156%	1h	270.03	+0.091%	$885K	$2.7M	50x	as long as short
GRVT BCH_USDT_Perp	−0.0132%	8h	269.61	−0.064%	$393K	$17K	10x	as long as short
Variational Omni BCH	−0.0126%	8h	269.51	−0.102%	$147K	$259K	—	as long as short
OKX BCH-USDT-SWAP	−0.0108%	8h	269.50	−0.104%	$25.6M	$76.8M	50x	as long as short
Extended BCH-USD	−0.0064%	1h	269.58	−0.073%	$121K	$921K	25x	as long as short
MEXC BCH_USDT	−0.0063%	8h	270.24	+0.171%	$72.8M	$9.5M	200x	as long as short
Binance BCHUSDT	−0.0063%	8h	269.86	+0.030%	$74.0M	$208.2M	75x	as long as short
Bitget BCHUSDT	−0.0059%	8h	269.68	−0.037%	$19.3M	$27.0M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BCHUSDTM	−0.0048%	8h	269.85	+0.026%	$8.5M	$6.0M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	269.94	+0.057%	$15K	—	150x	as long as short
Pacifica BCH	−0.0002%	1h	269.83	+0.019%	$157K	$286K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	269.84	+0.022%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	270.03	+0.093%	$1.0M	$8.9M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	269.89	+0.041%	$424K	$356K	25x	as long as short
BingX BCH-USDTlong	+0.0004%	8h	269.78	long leg	—	$14.6M	—
Bybit BCHUSDT	+0.0007%	8h	269.80	+0.007%	$40.0M	$31.3M	75x	as long as short
Aster BCHUSDT	+0.0019%	8h	269.66	−0.044%	$150K	$556K	75x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+0.156%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0043%	8h	269.73	−0.019%	$2K	—	10x	as long as short
Gate BCH_USDT	+0.0050%	8h	269.84	+0.022%	$8.4M	$13.4M	75x	as long as short
BloFin BCH-USDT	+0.0057%	8h	269.89	+0.041%	$3.6M	$5.2M	50x	as long as short
Nado BCH-PERP	+0.0065%	1h	269.75	−0.011%	$459K	$380K	10x	as long as short
Coinbase International BCH-PERP-INTX	+0.0088%	1h	269.92	+0.052%	$347K	$2.1M	50x	as long as short
Lighter BCH	+0.0096%	1h	269.98	+0.074%	$394K	$514K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	270.13	+0.130%	$5.9M	$4.6M	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	269.58	−0.074%	$19K	$346K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	269.86	+0.030%	$98K	$242K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	269.59	−0.070%	$1K	$1.5M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	269.65	−0.048%	$783K	$1.3M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]short	L +0.0210% / S −0.0163%	1h	269.97	+0.071%	$13K	—	100x