Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.032%

Price spread now: Injective against edgeX+2.013%7-day average +0.123% · you sell dearer than you buy

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

Long on edgeX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 3 days (all we have)−3.241%−$324 · spread now +2.013%, 7d avg +0.123%

Together, before fees−3.222%+ Points / potential airdropedgeX: Active · farm board−$322 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Injective is 1.890% dearer against edgeX than usual: you sell high and buy low (spread +2.013% now, against its 7-day average of +0.123%): +$189 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX BCHUSDC	264.87	0.0100	pay 0.0050% / 4h	2h 07m	$19K	$291K	20x
Short	Injective BCH/USDC PERP	270.20	0.0033	get 0.0004% / 1h	7m 51s	$721	$130K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against edgeX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 edgeXbpFee InjectivebpOrdersPrice spread, now +2.013%Rate

Funding earned: −$14
Price spread: +2.013% → +0.123%: $189.04
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $166.02
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: edgeX: live order book, 60 min ago; Injective: 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 edgeX live order book, 60 min ago	7.43 bp	12.1 bp −$12	15.5 bp −$155	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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 31 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
SunX BCH-USDT	−0.1361%	8h	264.58	−0.109%	$1K	$1.8M	30x	as long as short
SoDEX BCH-USD	−0.0514%	1h	264.75	−0.045%	$2K	$8K	10x	as long as short
Phemex BCHUSDT	−0.0441%	8h	264.81	−0.022%	$4.9M	$6.6M	50x	as long as short
HTX BCH-USDT	−0.0423%	8h	264.41	−0.173%	$774K	$1.6M	75x	as long as short
Kraken Futures PF_BCHUSD	−0.0300%	1h	265.12	+0.094%	$850K	$3.1M	50x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0267%	1h	264.90	+0.012%	$448K	$255K	25x	as long as short
GRVT BCH_USDT_Perp	−0.0203%	8h	264.94	+0.026%	$386K	$17K	10x	as long as short
Gate BCH_USDT	−0.0143%	8h	264.99	+0.046%	$8.4M	$13.6M	75x	as long as short
ApeX Omni BCHUSDT	−0.0140%	1h	265.04	+0.065%	$97K	$226K	50x	as long as short
Variational Omni BCH	−0.0117%	8h	264.80	−0.024%	$81K	$231K	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BCH-USD	−0.0112%	1h	264.79	−0.030%	$112K	$963K	25x	as long as short
Coinbase International BCH-PERP-INTX	−0.0112%	1h	264.66	−0.079%	$231K	$2.0M	50x	as long as short
Binance BCHUSDT	−0.0109%	8h	264.97	+0.037%	$71.7M	$228.6M	75x	as long as short
MEXC BCH_USDT	−0.0109%	8h	265.17	+0.114%	$70.0M	$7.1M	200x	as long as short
Nado BCH-PERP	−0.0076%	1h	264.35	−0.196%	$418K	$376K	10x	as long as short
Bybit BCHUSDT	−0.0075%	8h	265.00	+0.050%	$39.2M	$33.0M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0051%	8h	264.90	+0.012%	$25.2M	$77.6M	50x	as long as short
Bitget BCHUSDT	−0.0049%	8h	264.89	+0.008%	$19.0M	$29.1M	75x	as long as short
BingX BCH-USDT	−0.0035%	8h	264.89	+0.008%	—	$32.3M	—	as long as short
KuCoin BCHUSDTM	−0.0006%	8h	264.95	+0.031%	$8.6M	$7.5M	75x	as long as short
dYdX BCH-USD	0.0000%	1h	264.64	−0.087%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	264.85	−0.007%	$1.1M	$10.7M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	264.94	+0.026%	$4K	—	150x	as long as short
Injective BCH/USDC PERPshort	+0.0033%	1h	270.20	+2.013%	$721	$130K	12x
Orderly PERP_BCH_USDC	+0.0035%	8h	264.79	−0.029%	$2K	$176	10x	as long as short
Pacifica BCH	+0.0040%	1h	264.43	−0.165%	$161K	$379K	10x	as long as short
Lighter BCH	+0.0096%	1h	264.89	+0.010%	$365K	$478K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.16	+0.110%	$5.7M	$4.7M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	264.95	+0.031%	$168K	$697K	75x	as long as short
edgeX BCHUSDClong	+0.0100%	4h	264.87	long leg	$19K	$291K	20x
GMX BCH/USD [WBTC.b-USDC]	L +0.0333% / S −0.0451%	1h	264.96	+0.036%	$25K	—	100x	as long as short