Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0413%/8h= +45.2% APRpaid last 24h +0.050%

Price spread now: GMX against OKX+0.103%7-day average — · you sell dearer than you buy

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

Long on OKX Short on GMX

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

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and GMX is 0.103% dearer against OKX than usual: you sell high and buy low: +$10 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	OKX BCH-USDT-SWAP	265.90	0.0038	pay 0.0038% / 8h	22m 10s	$25.8M	$78.0M	50x
Short	GMX BCH/USD [WBTC.b-USDC]	266.17	L +0.0332% / S −0.0451%	get 0.0056% / 1h	22m 10s	$25K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against OKX. 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 OKXbpFee GMXbpOrdersPrice spread, now +0.103%Rate

Funding earned: $86.78
Price spread: +0.103% → 0.000%: $10.32
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $75.09
Costs to cover: 0.220%
Break-even: 0.9 days

Slippage unknown: OKX: live order book, 2 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 OKX live order book, 2 min ago	1.89 bp	7.7 bp −$8	15.9 bp −$159	59.7 bp −$5,975	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit BCH_USDC-PERPETUAL	−0.0366%	1h	266.04	+0.053%	$449K	$266K	25x	as long as short
ApeX Omni BCHUSDT	−0.0248%	1h	265.74	−0.060%	$72K	$213K	50x	as long as short
SoDEX BCH-USD	−0.0238%	1h	265.86	−0.015%	$2K	$6K	10x	as long as short
Variational Omni BCH	−0.0145%	8h	266.12	+0.083%	$82K	$292K	—	as long as short
Kraken Futures PF_BCHUSD	−0.0126%	1h	266.15	+0.096%	$848K	$3.1M	50x	as long as short
Phemex BCHUSDT	−0.0090%	8h	266.10	+0.075%	$4.8M	$6.4M	50x	as long as short
Bybit BCHUSDT	−0.0087%	8h	265.90	0.000%	$39.2M	$32.9M	75x	as long as short
Injective BCH/USDC PERP	−0.0054%	1h	270.20	+1.617%	$721	$130K	12x	as long as short
Coinbase International BCH-PERP-INTX	−0.0032%	1h	265.43	−0.177%	$223K	$2.1M	50x	as long as short
Extended BCH-USD	−0.0024%	1h	265.81	−0.035%	$114K	$652K	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BCHUSDT	−0.0021%	8h	265.93	+0.013%	$72.9M	$232.9M	75x	as long as short
MEXC BCH_USDT	−0.0020%	8h	266.43	+0.199%	$69.8M	$6.9M	200x	as long as short
Gate BCH_USDT	−0.0011%	8h	266.02	+0.045%	$8.3M	$14.8M	75x	as long as short
dYdX BCH-USD	0.0000%	1h	265.69	−0.079%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	266.24	+0.128%	$1.2M	$11.7M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	266.26	+0.135%	$4K	—	150x	as long as short
Bitget BCHUSDT	+0.0025%	8h	265.90	0.000%	$19.0M	$30.0M	75x	as long as short
GRVT BCH_USDT_Perp	+0.0026%	8h	266.22	+0.121%	$388K	$17K	10x	as long as short
Orderly PERP_BCH_USDC	+0.0028%	8h	265.94	+0.015%	$2K	$176	10x	as long as short
OKX BCH-USDT-SWAPlong	+0.0038%	8h	265.90	long leg	$25.8M	$78.0M	50x
BingX BCH-USDC	+0.0039%	8h	265.90	0.000%	—	$6.5M	—	as long as short
Nado BCH-PERP	+0.0083%	1h	265.73	−0.064%	$443K	$435K	10x	as long as short
Lighter BCH	+0.0096%	1h	265.94	+0.016%	$367K	$557K	10x	as long as short
BloFin BCH-USDT	+0.0099%	8h	265.27	−0.237%	$3.9M	$4.2M	50x	as long as short
Hyperliquid BCH	+0.0100%	1h	266.26	+0.135%	$6.0M	$4.4M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	265.91	+0.004%	$212K	$674K	75x	as long as short
Pacifica BCH	+0.0100%	1h	265.69	−0.079%	$161K	$440K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	266.07	+0.064%	$9.0M	$7.8M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	265.71	−0.073%	$19K	$290K	20x	as long as short
SunX BCH-USDT	+0.0100%	8h	265.94	+0.015%	$1K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	265.94	+0.015%	$772K	$1.6M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]short	L +0.0332% / S −0.0451%	1h	266.17	+0.103%	$25K	—	100x