Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.029%

Price spread now: edgeX against dYdX−0.261%51s7-day average — · you buy dearer than you sell

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

Long on dYdX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.261% cheaper against dYdX than usual: you would sell low and buy high (spread −0.261% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$26 on $10k: about 8.7 days of funding at the current rate (+$3 a day). The two prices were read 51 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	dYdX BCH-USD	267.15	0	get 0.0000% / 1h	2m 44s	$5K	$248	10x
Short	edgeX BCHUSDC	266.46	0.0100	get 0.0050% / 4h	2m 44s	$19K	$291K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against dYdX. 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 dYdXbpFee edgeXbpOrdersPrice spread, now −0.261%Rate

Funding earned: $21
Price spread: −0.261% → 0.000%: −$26.07
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$24.07
Costs to cover: 0.190%
Break-even: 15.0 days

Slippage unknown: dYdX: no order-book sample; edgeX: live order book, 10 min ago. 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 dYdX no order-book sample	—	—	—	—	—
Sell edgeX live order book, 10 min ago	7.51 bp	12.1 bp −$12	15.3 bp −$153	doesn't fit	doesn't fit

dYdX: 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	267.07	−0.029%	$451K	$266K	25x	as long as short
SoDEX BCH-USD	−0.0347%	1h	266.95	−0.076%	$2K	$6K	10x	as long as short
Variational Omni BCH	−0.0134%	8h	266.51	−0.239%	$82K	$292K	—	as long as short
Phemex BCHUSDT	−0.0127%	8h	266.90	−0.094%	$4.9M	$6.5M	50x	as long as short
Kraken Futures PF_BCHUSD	−0.0126%	1h	267.19	+0.014%	$841K	$3.1M	50x	as long as short
Bybit BCHUSDT	−0.0076%	8h	266.94	−0.079%	$39.3M	$33.0M	75x	as long as short
Injective BCH/USDC PERP	−0.0054%	1h	270.20	+1.141%	$721	$130K	12x	as long as short
ApeX Omni BCHUSDT	−0.0049%	1h	266.86	−0.109%	$72K	$214K	50x	as long as short
Coinbase International BCH-PERP-INTX	−0.0032%	1h	267.25	+0.037%	$223K	$2.1M	50x	as long as short
Binance BCHUSDT	−0.0028%	8h	266.92	−0.087%	$73.1M	$233.1M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BCH_USDT	−0.0026%	8h	267.50	+0.130%	$70.1M	$6.9M	200x	as long as short
Extended BCH-USD	−0.0024%	1h	266.89	−0.099%	$115K	$652K	25x	as long as short
dYdX BCH-USDlong	0.0000%	1h	267.15	long leg	$5K	$248	10x
Kalshi KXBCHPERP	0.0000%	8h	267.36	+0.078%	$1.2M	$11.7M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	267.25	+0.037%	$4K	—	150x	as long as short
Gate BCH_USDT	+0.0001%	8h	267.02	−0.049%	$8.4M	$14.9M	75x	as long as short
Nado BCH-PERP	+0.0004%	1h	266.87	−0.106%	$442K	$434K	10x	as long as short
GRVT BCH_USDT_Perp	+0.0019%	8h	266.72	−0.162%	$389K	$17K	10x	as long as short
Bitget BCHUSDT	+0.0022%	8h	266.86	−0.109%	$19.1M	$30.1M	75x	as long as short
OKX BCH-USDT-SWAP	+0.0026%	8h	266.80	−0.132%	$26.0M	$78.6M	50x	as long as short
BingX BCH-USDC	+0.0028%	8h	266.93	−0.083%	—	$6.5M	—	as long as short
Orderly PERP_BCH_USDC	+0.0029%	8h	266.98	−0.064%	$2K	$176	10x	as long as short
BloFin BCH-USDT	+0.0094%	8h	266.94	−0.079%	$3.9M	$4.2M	50x	as long as short
Lighter BCH	+0.0096%	1h	267.02	−0.050%	$368K	$559K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	267.30	+0.055%	$6.0M	$4.5M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	267.06	−0.035%	$211K	$673K	75x	as long as short
Pacifica BCH	+0.0100%	1h	266.99	−0.061%	$162K	$429K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	267.02	−0.049%	$9.0M	$7.8M	75x	as long as short
edgeX BCHUSDCshort	+0.0100%	4h	266.46	−0.261%	$19K	$291K	20x
SunX BCH-USDT	+0.0100%	8h	266.84	−0.117%	$1K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	267.00	−0.057%	$775K	$1.6M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0332% / S −0.0451%	1h	267.19	+0.013%	$25K	—	100x	as long as short