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

BCH

all BCH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0166%/8h= +18.2% APRnext payment +$0.21 per $10,000 · paid last 24h +0.154%
Price spread now: GMX against Deribit+0.009%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit BCH_USDC-PERPETUAL264.03−0.0019get 0.0002% / 1h21m 55s$425K$348K25x
ShortGMX BCH/USD [WBTC.b-USDC]264.06L +0.0202% / S −0.0147%get 0.0018% / 1h21m 55s$12K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Deribit. 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
$34.92
Price spread: +0.009% → 0.000%
$0.91
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
$16.83
Costs to cover
0.190%
Break-even
3.6 days
Slippage unknown: Deribit: live order book, 12 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 12 min ago3.68 bp8.7 bp −$915.9 bp −$159doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX BCH-USD−0.0356%1h263.77−0.100%$2K$8K10xas long as short
Kraken Futures PF_BCHUSD−0.0220%1h264.02−0.005%$857K$2.7M50xas long as short
Phemex BCHUSDT−0.0158%8h263.83−0.077%$4.9M$6.5M50xas long as short
Variational Omni BCH−0.0128%8h263.90−0.050%$81K$196Kas long as short
Bybit BCHUSDT−0.0110%8h263.80−0.088%$38.8M$30.9M75xas long as short
HTX BCH-USDT−0.0088%8h263.83−0.077%$771K$1.4M75xas long as short
KuCoin BCHUSDTM−0.0086%8h264.06+0.010%$8.4M$6.3M75xas long as short
Bitget BCHUSDT−0.0076%8h263.81−0.084%$19.1M$27.1M75xas long as short
OKX BCH-USDT-SWAP−0.0066%8h263.80−0.088%$25.1M$76.1M50xas long as short
Extended BCH-USD−0.0056%1h263.72−0.119%$110K$907K25xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BCH_USDT−0.0053%8h264.23+0.075%$70.5M$8.9M200xas long as short
Binance BCHUSDT−0.0053%8h263.83−0.077%$72.7M$212.6M75xas long as short
GRVT BCH_USDT_Perp−0.0043%8h264.06+0.010%$385K$17K10xas long as short
BingX BCH-USDC−0.0041%8h263.81−0.084%$6.5Mas long as short
Gate BCH_USDT−0.0027%8h263.86−0.066%$8.3M$13.6M75xas long as short
Deribit BCH_USDC-PERPETUALlong−0.0019%1h264.03long leg$425K$348K25x
gTrade (Gains Network) BCH/USDL −0.0004% / S +0.0007%1h264.03−0.001%$15K150xas long as short
Pacifica BCH−0.0003%1h264.02−0.005%$158K$293K10xas long as short
dYdX BCH-USD0.0000%1h264.13+0.039%$5K$24010xas long as short
Kalshi KXBCHPERP0.0000%8h264.23+0.075%$993K$9.7M2.7xas long as short
Aster BCHUSDT+0.0017%8h264.05+0.006%$136K$582K75xas long as short
Injective BCH/USDC PERP+0.0033%1h270.20+2.336%$721$130K12xas long as short
Orderly PERP_BCH_USDC+0.0046%8h263.90−0.050%$2K10xas long as short
BloFin BCH-USDT+0.0066%8h263.88−0.058%$3.5M$4.5M50xas long as short
Nado BCH-PERP+0.0071%1h264.00−0.011%$433K$350K10xas long as short
Coinbase International BCH-PERP-INTX+0.0088%1h263.87−0.062%$245K$1.9M50xas long as short
Lighter BCH+0.0096%1h263.86−0.067%$352K$469K10xas long as short
Hyperliquid BCH+0.0100%1h263.98−0.020%$5.7M$4.6M10xas long as short
edgeX BCHUSDC+0.0100%4h263.98−0.021%$18K$344K20xas long as short
ApeX Omni BCHUSDT+0.0100%1h264.10+0.025%$95K$242K50xas long as short
SunX BCH-USDT+0.0100%8h263.72−0.119%$1K$1.6M30xas long as short
GMX BCH/USD [WBTC.b-USDC]shortL +0.0202% / S −0.0147%1h264.06+0.009%$12K100x