Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h −0.053%

Price spread now: gTrade (Gains Network) against BloFin+0.048%7-day average — · you sell dearer than you buy

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

Long on BloFin Short on gTrade (Gains Network)

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—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.048% dearer against BloFin than usual: you sell high and buy low (spread +0.048% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 48 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BCH-USDT	264.81	0.0073	pay 0.0073% / 8h	1h 48m	$4.0M	$4.5M	50x
Short	gTrade (Gains Network) BCH/USD	264.94	L −0.0004% / S +0.0007%	pay 0.0001% / 1h	48m 53s	$15K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against BloFin. 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 BloFinbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.048%Rate

Funding earned: −$16.84
Price spread: +0.048% → 0.000%: $4.8
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$34.05
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 5 min ago; gTrade (Gains Network): 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 BloFin live order book, 5 min ago	0.19 bp	9.7 bp −$10	15.0 bp −$150	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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	−0.0427%	1h	264.65	−0.060%	$2K	$8K	10x	as long as short
HTX BCH-USDT	−0.0202%	8h	264.89	+0.030%	$774K	$1.4M	75x	as long as short
Phemex BCHUSDT	−0.0170%	8h	264.72	−0.034%	$5.0M	$6.6M	50x	as long as short
KuCoin BCHUSDTM	−0.0105%	8h	264.87	+0.023%	$8.5M	$6.7M	75x	as long as short
Kraken Futures PF_BCHUSD	−0.0103%	1h	264.81	0.000%	$845K	$3.0M	50x	as long as short
Bitget BCHUSDT	−0.0091%	8h	264.68	−0.049%	$18.9M	$28.4M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0079%	8h	264.60	−0.079%	$25.2M	$78.1M	50x	as long as short
Variational Omni BCH	−0.0074%	8h	264.81	−0.001%	$81K	$196K	—	as long as short
Extended BCH-USD	−0.0048%	1h	264.48	−0.125%	$112K	$1.1M	25x	as long as short
Binance BCHUSDT	−0.0047%	8h	264.73	−0.030%	$72.9M	$221.0M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BCH_USDT	−0.0047%	8h	264.94	+0.049%	$70.4M	$8.5M	200x	as long as short
Bybit BCHUSDT	−0.0038%	8h	264.65	−0.060%	$38.9M	$31.8M	75x	as long as short
BingX BCH-USDT	−0.0029%	8h	264.72	−0.034%	—	$32.9M	—	as long as short
GRVT BCH_USDT_Perp	−0.0020%	8h	264.83	+0.008%	$386K	$17K	10x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0007%	1h	264.83	+0.008%	$441K	$333K	25x	as long as short
gTrade (Gains Network) BCH/USDshort	L −0.0004% / S +0.0007%	1h	264.94	+0.048%	$15K	—	150x
Nado BCH-PERP	−0.0001%	1h	264.75	−0.023%	$435K	$356K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	265.06	+0.095%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	265.19	+0.143%	$986K	$10.5M	2.7x	as long as short
SunX BCH-USDT	+0.0006%	8h	264.49	−0.121%	$1K	$1.7M	30x	as long as short
Coinbase International BCH-PERP-INTX	+0.0008%	1h	265.18	+0.140%	$220K	$1.9M	50x	as long as short
Gate BCH_USDT	+0.0009%	8h	264.77	−0.015%	$8.3M	$13.8M	75x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.035%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0046%	8h	264.78	−0.011%	$2K	$176	10x	as long as short
Aster BCHUSDT	+0.0057%	8h	264.91	+0.038%	$149K	$564K	75x	as long as short
BloFin BCH-USDTlong	+0.0073%	8h	264.81	long leg	$4.0M	$4.5M	50x
Lighter BCH	+0.0096%	1h	264.72	−0.034%	$353K	$495K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	264.95	+0.053%	$5.7M	$4.7M	10x	as long as short
Pacifica BCH	+0.0100%	1h	264.87	+0.024%	$159K	$312K	10x	as long as short
edgeX BCHUSDC	+0.0100%	4h	264.62	−0.071%	$18K	$344K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	264.68	−0.049%	$95K	$238K	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	264.89	+0.031%	$12K	—	100x	as long as short