Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0112%/8h= +12.3% APRpaid last 24h 0.000%

Price spread now: edgeX against BingX−0.205%100s7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$350.354% of the position

Long on BingX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.060%+$6 on $10k

Price spread, last 3 days (all we have)+0.423%+$42 · spread now −0.205%, 7d avg −0.020%

Together, before fees+0.483%+ Points / potential airdropedgeX: Active · farm board+$48 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.185% cheaper against BingX than usual: you would sell low and buy high (spread −0.205% now, against its 7-day average of −0.020%). If the spread goes back, that is −$18 on $10k: about 5.5 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.060% in total) that is about 22 days. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BCH-USDT	267.65	−0.0012	get 0.0012% / 8h	2h 39m	—	$32.1M	—
Short	edgeX BCHUSDC	267.10	0.0100	get 0.0050% / 4h	2h 39m	$19K	$290K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against BingX. 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 BingXbpFee edgeXbpOrdersPrice spread, now −0.205%Rate

Funding earned: $23.52
Price spread: −0.205% → −0.020%: −$18.49
Slippage, 4 orders: −$16.41
Fee BingX: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$30.38
Costs to cover: 0.354%
Break-even: 16.0 days

Slippage from BingX: live order book, 4 min ago; edgeX: live order book, 48 min ago.

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 BingX live order book, 4 min ago	0.56 bp	5.6 bp −$6	5.8 bp −$58	7.8 bp −$784	14.3 bp −$7,174
Sell edgeX live order book, 48 min ago	7.48 bp	12.0 bp −$12	14.8 bp −$148	doesn't fit	doesn't fit

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	−0.0318%	1h	267.69	+0.015%	$438K	$248K	25x	as long as short
Injective BCH/USDC PERP	−0.0304%	1h	267.23	−0.157%	$713	$80K	12x	as long as short
Phemex BCHUSDT	−0.0201%	8h	267.57	−0.030%	$4.9M	$6.2M	50x	as long as short
SoDEX BCH-USD	−0.0190%	1h	267.55	−0.037%	$2K	$6K	10x	as long as short
Extended BCH-USD	−0.0120%	1h	267.60	−0.020%	$105K	$643K	25x	as long as short
Binance BCHUSDT	−0.0119%	8h	267.57	−0.030%	$73.9M	$229.0M	75x	as long as short
MEXC BCH_USDT	−0.0119%	8h	268.23	+0.217%	$71.0M	$6.3M	200x	as long as short
Variational Omni BCH	−0.0086%	8h	267.45	−0.074%	$85K	$291K	—	as long as short
Bybit BCHUSDT	−0.0083%	8h	267.50	−0.056%	$39.4M	$32.1M	75x	as long as short
GRVT BCH_USDT_Perp	−0.0063%	8h	267.17	−0.181%	$389K	$17K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BCHUSDT	−0.0054%	8h	267.66	+0.004%	$20.0M	$28.7M	75x	as long as short
Gate BCH_USDT	−0.0039%	8h	267.64	−0.004%	$8.4M	$14.4M	75x	as long as short
Coinbase International BCH-PERP-INTX	−0.0024%	1h	266.89	−0.284%	$254K	$2.0M	50x	as long as short
BingX BCH-USDTlong	−0.0012%	8h	267.65	long leg	—	$32.1M	—
OKX BCH-USDT-SWAP	−0.0010%	8h	267.50	−0.056%	$26.2M	$75.6M	50x	as long as short
dYdX BCH-USD	0.0000%	1h	267.71	+0.022%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	267.92	+0.101%	$1.1M	$11.4M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	267.68	+0.010%	$4K	—	150x	as long as short
BloFin BCH-USDT	+0.0001%	8h	267.48	−0.064%	$4.0M	$4.1M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0029%	8h	267.55	−0.037%	$2K	$176	10x	as long as short
Nado BCH-PERP	+0.0072%	1h	267.42	−0.084%	$440K	$422K	10x	as long as short
Kraken Futures PF_BCHUSD	+0.0074%	1h	267.86	+0.077%	$804K	$3.2M	50x	as long as short
KuCoin BCHUSDTM	+0.0080%	8h	267.67	+0.007%	$8.9M	$8.0M	75x	as long as short
Lighter BCH	+0.0096%	1h	267.64	−0.005%	$376K	$580K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	267.81	+0.061%	$6.0M	$4.1M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	267.74	+0.033%	$234K	$674K	75x	as long as short
Pacifica BCH	+0.0100%	1h	267.52	−0.048%	$169K	$461K	10x	as long as short
edgeX BCHUSDCshort	+0.0100%	4h	267.10	−0.205%	$19K	$290K	20x
ApeX Omni BCHUSDT	+0.0100%	1h	267.18	−0.176%	$73K	$214K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	267.47	−0.067%	$2K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	267.48	−0.064%	$769K	$1.6M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0365% / S −0.0554%	1h	267.74	+0.033%	$25K	—	100x	as long as short