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

BCH

all BCH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0212%/8h= +23.2% APRpaid last 24h +0.022%
Price spread now: edgeX against Coinbase International−0.264%77s7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$530.532% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.139%+$14 on $10k
Price spread, last 3 days (all we have)+0.302%+$30 · spread now −0.264%, 7d avg −0.052%
Together, before fees+0.442%+ Points / potential airdropedgeX: Active · farm board+$44 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.212% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.264% now, against its 7-day average of −0.052%). If the spread goes back, that is −$21 on $10k: about 3.3 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.139% in total) that is about 11 days. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.139% in total (about 7.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International BCH-PERP-INTX265.07−0.0112get 0.0014% / 1h30m 02s$231K$2.1M50x
ShortedgeX BCHUSDC264.370.0100get 0.0050% / 4h2h 30m$19K$292K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Coinbase International. 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
$44.52
Price spread: −0.264% → −0.052%
−$21.2
Slippage, 4 orders
−$34.23
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$29.91
Costs to cover
0.532%
Break-even
11.7 days
Slippage from Coinbase International: live order book, 4 min ago; edgeX: live order book, 38 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 4 min ago4.16 bp16.5 bp −$1622.1 bp −$221doesn't fitdoesn't fit
Sell edgeX live order book, 38 min ago7.43 bp12.0 bp −$1215.0 bp −$150doesn't fitdoesn't fit

BCH on 31 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
SunX BCH-USDT−0.0673%8h264.89−0.068%$2K$1.9M30xas long as short
SoDEX BCH-USD−0.0498%1h265.13+0.023%$2K$6K10xas long as short
Phemex BCHUSDT−0.0388%8h265.070.000%$4.9M$6.6M50xas long as short
Deribit BCH_USDC-PERPETUAL−0.0353%1h265.16+0.034%$448K$266K25xas long as short
Kraken Futures PF_BCHUSD−0.0300%1h265.35+0.104%$851K$3.2M50xas long as short
HTX BCH-USDT−0.0241%8h264.85−0.083%$776K$1.6M75xas long as short
GRVT BCH_USDT_Perp−0.0189%8h264.31−0.288%$385K$17K10xas long as short
ApeX Omni BCHUSDT−0.0187%1h264.48−0.223%$96K$227K50xas long as short
Gate BCH_USDT−0.0124%8h265.27+0.075%$8.4M$13.5M75xas long as short
Variational Omni BCH−0.0117%8h264.71−0.136%$81K$253Kas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BCH-PERP-INTXlong−0.0112%1h265.07long leg$231K$2.1M50x
Extended BCH-USD−0.0096%1h265.26+0.072%$112K$965K25xas long as short
Binance BCHUSDT−0.0092%8h265.27+0.075%$71.8M$234.8M75xas long as short
MEXC BCH_USDT−0.0091%8h265.57+0.189%$70.0M$7.0M200xas long as short
Bybit BCHUSDT−0.0055%8h265.24+0.064%$39.2M$33.5M75xas long as short
OKX BCH-USDT-SWAP−0.0043%8h265.20+0.049%$25.3M$79.1M50xas long as short
Bitget BCHUSDT−0.0040%8h265.29+0.083%$19.0M$29.6M75xas long as short
BingX BCH-USDC−0.0025%8h265.20+0.049%$6.5Mas long as short
Nado BCH-PERP−0.0019%1h264.80−0.103%$420K$429K10xas long as short
dYdX BCH-USD0.0000%1h265.04−0.013%$5K$24810xas long as short
Kalshi KXBCHPERP0.0000%8h265.36+0.109%$1.1M$11.1M2.7xas long as short
gTrade (Gains Network) BCH/USDL 0.0000% / S +0.0007%1h265.23+0.061%$4K150xas long as short
Orderly PERP_BCH_USDC+0.0032%8h264.99−0.030%$2K$17610xas long as short
Injective BCH/USDC PERP+0.0033%1h270.20+1.935%$721$130K12xas long as short
Pacifica BCH+0.0040%1h264.99−0.030%$161K$407K10xas long as short
KuCoin BCHUSDTM+0.0041%8h265.44+0.140%$8.6M$7.5M75xas long as short
Lighter BCH+0.0096%1h265.17+0.037%$365K$478K10xas long as short
Hyperliquid BCH+0.0100%1h265.43+0.136%$5.7M$5.1M10xas long as short
Aster BCHUSDT+0.0100%8h265.18+0.041%$168K$697K75xas long as short
edgeX BCHUSDCshort+0.0100%4h264.37−0.264%$19K$292K20x
GMX BCH/USD [WBTC.b-USDC]L +0.0333% / S −0.0451%1h265.20+0.050%$25K100xas long as short