Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0107%/8h= −11.7% APRpaid last 24h −0.032%

Price spread now: gTrade (Gains Network) against HTX+0.147%7-day average — · you sell dearer than you buy

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

Long on HTX 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 0.147% dearer against HTX than usual: you sell high and buy low (spread +0.147% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX BCH-USDT	267.97	0.0100	pay 0.0100% / 8h	2h 06m	$772K	$1.6M	75x
Short	gTrade (Gains Network) BCH/USD	268.37	L 0.0000% / S +0.0007%	pay 0.0001% / 1h	6m 44s	$4K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against HTX. 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 HTXbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.147%Rate

Funding earned: −$22.53
Price spread: +0.147% → 0.000%: $14.74
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$29.79
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 2 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 HTX live order book, 2 min ago	4.84 bp	13.1 bp −$13	101.2 bp −$1,012	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
Deribit BCH_USDC-PERPETUAL	−0.0607%	1h	268.13	+0.059%	$439K	$247K	25x	as long as short
Injective BCH/USDC PERP	−0.0304%	1h	268.50	+0.198%	$716	$110K	12x	as long as short
Phemex BCHUSDT	−0.0184%	8h	268.09	+0.045%	$4.9M	$6.3M	50x	as long as short
SoDEX BCH-USD	−0.0151%	1h	267.97	0.000%	$2K	$6K	10x	as long as short
Extended BCH-USD	−0.0096%	1h	267.90	−0.025%	$115K	$653K	25x	as long as short
Binance BCHUSDT	−0.0093%	8h	267.87	−0.037%	$73.9M	$229.3M	75x	as long as short
MEXC BCH_USDT	−0.0092%	8h	268.65	+0.254%	$71.1M	$6.4M	200x	as long as short
Variational Omni BCH	−0.0070%	8h	268.14	+0.065%	$85K	$291K	—	as long as short
Bitget BCHUSDT	−0.0035%	8h	267.97	0.000%	$19.9M	$29.0M	75x	as long as short
Coinbase International BCH-PERP-INTX	−0.0024%	1h	268.88	+0.340%	$242K	$2.1M	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BCH_USDT	−0.0023%	8h	268.05	+0.030%	$8.4M	$14.5M	75x	as long as short
GRVT BCH_USDT_Perp	−0.0016%	8h	268.59	+0.230%	$391K	$17K	10x	as long as short
Bybit BCHUSDT	−0.0002%	8h	267.80	−0.063%	$39.3M	$32.1M	75x	as long as short
dYdX BCH-USD	0.0000%	1h	268.24	+0.099%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	268.46	+0.183%	$1.1M	$11.3M	2.7x	as long as short
gTrade (Gains Network) BCH/USDshort	L 0.0000% / S +0.0007%	1h	268.37	+0.147%	$4K	—	150x
BingX BCH-USDC	+0.0024%	8h	267.97	0.000%	—	$6.5M	—	as long as short
Orderly PERP_BCH_USDC	+0.0027%	8h	268.07	+0.037%	$2K	$176	10x	as long as short
BloFin BCH-USDT	+0.0027%	8h	268.19	+0.082%	$4.0M	$4.1M	50x	as long as short
OKX BCH-USDT-SWAP	+0.0029%	8h	267.80	−0.063%	$26.2M	$76.0M	50x	as long as short
Kraken Futures PF_BCHUSD	+0.0074%	1h	268.31	+0.125%	$804K	$3.2M	50x	as long as short
Lighter BCH	+0.0096%	1h	268.04	+0.026%	$376K	$581K	10x	as long as short
Nado BCH-PERP	+0.0100%	1h	268.15	+0.069%	$439K	$425K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	268.33	+0.133%	$6.0M	$4.1M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	268.23	+0.097%	$236K	$666K	75x	as long as short
Pacifica BCH	+0.0100%	1h	268.31	+0.127%	$169K	$455K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	268.11	+0.052%	$8.9M	$7.9M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	268.56	+0.222%	$19K	$289K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	268.79	+0.306%	$73K	$214K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	268.19	+0.082%	$2K	$2.0M	30x	as long as short
HTX BCH-USDTlong	+0.0100%	8h	267.97	long leg	$772K	$1.6M	75x
GMX BCH/USD [WBTC.b-USDC]	L +0.0373% / S −0.0574%	1h	268.34	+0.137%	$26K	—	100x	as long as short