Funding you earn now, next payment 22:00 UTC+0.0526%/8h= +57.6% APRpaid last 24h +0.083%
Price spread now: edgeX against Deribit−0.066%75s7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as 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−$400.397% of the position
Funding, last 7 days+0.289%+$29 on $10k
+Price spread, last 3 days (all we have)+0.116%+$12 · spread now −0.066%, 7d avg −0.043%
=Together, before fees+0.406%+ Points / potential airdropedgeX: Active · farm board+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.023% cheaper against Deribit than usual: you would sell low and buy high (spread −0.066% now, against its 7-day average of −0.043%). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.289% in total) that is about 13 hours. The two prices were read 75 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 0.289% in total (about 15.1% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BCH_USDC-PERPETUAL | 267.54 | −0.0426 | get 0.0053% / 1h | 36m 16s | $437K | $247K | 25x |
| Short | edgeX BCHUSDC | 267.36 | 0.0100 | get 0.0050% / 4h | 2h 36m | $19K | $288K | 20x |
Deribit BCH_USDC-PERPETUAL
edgeX BCHUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Deribit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $110.48
- Price spread: −0.066% → −0.043%
- −$2.25
- Slippage, 4 orders
- −$23.67
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $68.55
- Costs to cover
- 0.397%
- Break-even
- 2.7 days
Slippage from Deribit: live order book, 52 min ago; edgeX: live order book, 51 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 Deribit live order book, 52 min ago | 3.60 bp | 7.1 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 51 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-PERPETUALlong | −0.0426% | 1h | 267.54 | long leg | $437K | $247K | 25x | |
| Injective BCH/USDC PERP | −0.0304% | 1h | 267.23 | −0.115% | $713 | $80K | 12x | as long as short |
| Phemex BCHUSDT | −0.0200% | 8h | 267.45 | −0.033% | $4.9M | $6.2M | 50x | as long as short |
| SoDEX BCH-USD | −0.0192% | 1h | 267.45 | −0.033% | $2K | $6K | 10x | as long as short |
| Extended BCH-USD | −0.0120% | 1h | 267.42 | −0.044% | $105K | $643K | 25x | as long as short |
| MEXC BCH_USDT | −0.0118% | 8h | 268.14 | +0.225% | $71.0M | $6.3M | 200x | as long as short |
| Binance BCHUSDT | −0.0117% | 8h | 267.45 | −0.033% | $73.9M | $229.1M | 75x | as long as short |
| Variational Omni BCH | −0.0086% | 8h | 267.45 | −0.033% | $85K | $291K | — | as long as short |
| Bybit BCHUSDT | −0.0071% | 8h | 267.50 | −0.015% | $39.4M | $32.0M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0057% | 8h | 267.55 | +0.003% | $390K | $17K | 10x | as long as short |
Injective BCH/USDC PERP
Phemex BCHUSDT
SoDEX BCH-USD
Extended BCH-USD
MEXC BCH_USDT
Binance BCHUSDT
Variational Omni BCH
Bybit BCHUSDT
GRVT BCH_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BCHUSDT | −0.0051% | 8h | 267.45 | −0.033% | $20.0M | $28.8M | 75x | as long as short |
| Gate BCH_USDT | −0.0036% | 8h | 267.56 | +0.008% | $8.4M | $14.4M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0024% | 1h | 267.90 | +0.135% | $246K | $2.0M | 50x | as long as short |
| BingX BCH-USDT | −0.0007% | 8h | 267.55 | +0.004% | — | $32.1M | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0006% | 8h | 267.40 | −0.052% | $26.2M | $75.6M | 50x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 267.89 | +0.131% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.01 | +0.176% | $1.1M | $11.4M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 267.63 | +0.034% | $4K | — | 150x | as long as short |
| BloFin BCH-USDT | +0.0001% | 8h | 268.11 | +0.213% | $4.0M | $4.1M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0029% | 8h | 267.42 | −0.044% | $2K | $176 | 10x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0074% | 1h | 267.75 | +0.079% | $803K | $3.2M | 50x | as long as short |
| KuCoin BCHUSDTM | +0.0085% | 8h | 267.76 | +0.083% | $8.9M | $8.0M | 75x | as long as short |
| Nado BCH-PERP | +0.0090% | 1h | 267.58 | +0.017% | $438K | $427K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 267.55 | +0.003% | $375K | $580K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 267.84 | +0.113% | $6.0M | $4.1M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 267.68 | +0.053% | $234K | $660K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 267.78 | +0.090% | $169K | $460K | 10x | as long as short |
| edgeX BCHUSDCshort | +0.0100% | 4h | 267.36 | −0.066% | $19K | $288K | 20x | |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 267.67 | +0.049% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 267.51 | −0.011% | $1K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 267.60 | +0.023% | $770K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0365% / S −0.0554% | 1h | 267.65 | +0.041% | $25K | — | 100x | as long as short |
Bitget BCHUSDT
Gate BCH_USDT
Coinbase International BCH-PERP-INTX
BingX BCH-USDT
OKX BCH-USDT-SWAP
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
BloFin BCH-USDT
Orderly PERP_BCH_USDC
Kraken Futures PF_BCHUSD
KuCoin BCHUSDTM
Nado BCH-PERP
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]