Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0057%/8h= +6.3% APRpaid last 24h −0.024%

Price spread now: Injective against Bitget+0.234%7-day average +0.098% · you sell dearer than you buy

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

Long on Bitget Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.135%+$13 on $10k

Price spread, last 3 days (all we have)−1.524%−$152 · spread now +0.234%, 7d avg +0.098%

Together, before fees−1.390%−$139 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Injective is 0.135% dearer against Bitget than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.098%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BCHUSDT	269.57	−0.0024	get 0.0024% / 8h	7h 10m	$19.3M	$29.2M	75x
Short	Injective BCH/USDC PERP	270.20	0.0033	get 0.0004% / 1h	10m 48s	$721	$130K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Bitget. 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 BitgetbpFee InjectivebpOrdersPrice spread, now +0.234%Rate

Funding earned: $12.04
Price spread: +0.234% → +0.098%: $13.54
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $13.56
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Bitget: live order book, 3 min ago; Injective: 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 Bitget live order book, 3 min ago	0.74 bp	10.5 bp −$10	17.9 bp −$179	28.4 bp −$2,840	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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
Phemex BCHUSDT	−0.0620%	8h	269.23	−0.126%	$5.0M	$6.5M	50x	as long as short
SoDEX BCH-USD	−0.0543%	1h	269.20	−0.137%	$2K	$6K	10x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0495%	1h	269.42	−0.054%	$455K	$266K	25x	as long as short
ApeX Omni BCHUSDT	−0.0214%	1h	269.80	+0.085%	$73K	$215K	50x	as long as short
Gate BCH_USDT	−0.0191%	8h	269.56	−0.004%	$8.5M	$14.3M	75x	as long as short
GRVT BCH_USDT_Perp	−0.0169%	8h	269.62	+0.018%	$393K	$17K	10x	as long as short
Variational Omni BCH	−0.0126%	8h	269.21	−0.135%	$83K	$285K	—	as long as short
Extended BCH-USD	−0.0072%	1h	269.44	−0.048%	$117K	$961K	25x	as long as short
Binance BCHUSDT	−0.0070%	8h	269.59	+0.007%	$73.0M	$229.6M	75x	as long as short
MEXC BCH_USDT	−0.0067%	8h	269.98	+0.152%	$70.8M	$6.7M	200x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit BCHUSDT	−0.0064%	8h	269.60	+0.011%	$39.8M	$32.6M	75x	as long as short
Coinbase International BCH-PERP-INTX	−0.0056%	1h	269.44	−0.048%	$231K	$2.0M	50x	as long as short
Kraken Futures PF_BCHUSD	−0.0049%	1h	269.56	−0.003%	$858K	$3.1M	50x	as long as short
Bitget BCHUSDTlong	−0.0024%	8h	269.57	long leg	$19.3M	$29.2M	75x
gTrade (Gains Network) BCH/USD	L −0.0003% / S +0.0007%	1h	269.64	+0.027%	$7K	—	150x	as long as short
OKX BCH-USDT-SWAP	−0.0001%	8h	269.50	−0.026%	$26.2M	$76.5M	50x	as long as short
dYdX BCH-USD	0.0000%	1h	269.59	+0.008%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	269.79	+0.082%	$1.1M	$10.9M	2.7x	as long as short
BingX BCH-USDT	+0.0005%	8h	269.64	+0.026%	—	$32.3M	—	as long as short
Orderly PERP_BCH_USDC	+0.0029%	8h	269.31	−0.096%	$2K	$176	10x	as long as short
Nado BCH-PERP	+0.0031%	1h	269.45	−0.045%	$437K	$419K	10x	as long as short
Injective BCH/USDC PERPshort	+0.0033%	1h	270.20	+0.234%	$721	$130K	12x
BloFin BCH-USDT	+0.0050%	8h	269.22	−0.130%	$3.9M	$4.3M	50x	as long as short
Lighter BCH	+0.0096%	1h	269.33	−0.089%	$371K	$530K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	269.99	+0.156%	$6.6M	$4.6M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	269.29	−0.102%	$177K	$658K	75x	as long as short
Pacifica BCH	+0.0100%	1h	269.46	−0.040%	$164K	$407K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	269.40	−0.063%	$8.8M	$7.6M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	269.52	−0.017%	$19K	$292K	20x	as long as short
SunX BCH-USDT	+0.0100%	8h	269.22	−0.130%	$2K	$1.9M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	269.28	−0.108%	$782K	$1.6M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0335% / S −0.0451%	1h	269.54	−0.011%	$25K	—	100x	as long as short