Funding you earn now, next payment 23:00 UTC−0.0038%/8h= −4.2% APRpaid last 24h −0.023%
Price spread now: Nado against edgeX+0.356%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$2as in the Price arb table
costs, in and out, $10k−$380.376% of the position
Funding, last 3 days (all we have)−0.092%−$9 on $10k
+Price spread, last 3 days (all we have)−0.327%−$33 · spread now +0.356%, 7d avg +0.001%
=Together, before fees−0.419%+ Points / potential airdropedgeX: Active · Nado: Active · farm board−$42 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.354% dearer against edgeX than usual: you sell high and buy low (spread +0.356% now, against its 7-day average of +0.001%): +$35 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 31 days. At the pace of the last 3 days (−0.092% in total) that is about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX BCHUSDC | 270.49 | 0.0100 | pay 0.0050% / 4h | 1h 42m | $19K | $290K | 20x |
| Short | Nado BCH-PERP | 271.45 | 0.0062 | get 0.0008% / 1h | 42m 45s | $445K | $427K | 10x |
edgeX BCHUSDC
Nado BCH-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against edgeX. 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
- −$8
- Price spread: +0.356% → +0.001%
- $35.43
- Slippage, 4 orders
- −$21.62
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$10.19
- Costs to cover
- 0.376%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 40 min ago; Nado: live order book, 40 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 edgeX live order book, 40 min ago | 7.26 bp | 11.8 bp −$12 | 14.7 bp −$147 | doesn't fit | doesn't fit |
| Sell Nado live order book, 40 min ago | 0.19 bp | 7.0 bp −$7 | 19.1 bp −$191 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex BCHUSDT | −0.0218% | 8h | 271.42 | +0.343% | $4.9M | $6.3M | 50x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0155% | 1h | 271.50 | +0.372% | $460K | $265K | 25x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 270.20 | −0.108% | $721 | $130K | 12x | as long as short |
| Variational Omni BCH | −0.0073% | 8h | 270.32 | −0.062% | $86K | $291K | — | as long as short |
| Binance BCHUSDT | −0.0065% | 8h | 271.82 | +0.491% | $75.6M | $232.3M | 75x | as long as short |
| MEXC BCH_USDT | −0.0065% | 8h | 272.37 | +0.694% | $71.9M | $6.3M | 200x | as long as short |
| Extended BCH-USD | −0.0064% | 1h | 271.68 | +0.440% | $117K | $653K | 25x | as long as short |
| SoDEX BCH-USD | −0.0049% | 1h | 271.45 | +0.354% | $2K | $6K | 10x | as long as short |
| Bitget BCHUSDT | −0.0012% | 8h | 271.77 | +0.472% | $20.2M | $29.0M | 75x | as long as short |
| Gate BCH_USDT | −0.0008% | 8h | 271.78 | +0.476% | $8.4M | $14.7M | 75x | as long as short |
Phemex BCHUSDT
Deribit BCH_USDC-PERPETUAL
Injective BCH/USDC PERP
Variational Omni BCH
Binance BCHUSDT
MEXC BCH_USDT
Extended BCH-USD
SoDEX BCH-USD
Bitget BCHUSDT
Gate BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX BCH-USD | 0.0000% | 1h | 271.83 | +0.493% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 271.80 | +0.483% | $1.1M | $11.6M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 271.55 | +0.391% | $5K | — | 150x | as long as short |
| Bybit BCHUSDT | +0.0002% | 8h | 271.70 | +0.446% | $39.9M | $32.7M | 75x | as long as short |
| GRVT BCH_USDT_Perp | +0.0007% | 8h | 270.52 | +0.012% | $394K | $17K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 271.57 | +0.398% | $234K | $2.1M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0026% | 8h | 271.35 | +0.317% | $2K | $176 | 10x | as long as short |
| BingX BCH-USDT | +0.0049% | 8h | 271.81 | +0.487% | — | $30.5M | — | as long as short |
| BloFin BCH-USDT | +0.0055% | 8h | 271.59 | +0.406% | $4.0M | $4.2M | 50x | as long as short |
| OKX BCH-USDT-SWAP | +0.0060% | 8h | 271.80 | +0.483% | $26.4M | $78.1M | 50x | as long as short |
| Nado BCH-PERPshort | +0.0062% | 1h | 271.45 | +0.356% | $445K | $427K | 10x | |
| Lighter BCH | +0.0096% | 1h | 271.75 | +0.466% | $381K | $583K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 272.15 | +0.613% | $6.1M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 271.86 | +0.505% | $222K | $700K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 271.84 | +0.498% | $165K | $468K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 271.84 | +0.498% | $9.0M | $7.9M | 75x | as long as short |
| edgeX BCHUSDClong | +0.0100% | 4h | 270.49 | long leg | $19K | $290K | 20x | |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 270.72 | +0.084% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 271.38 | +0.328% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 271.41 | +0.339% | $790K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0112% | 1h | 271.75 | +0.463% | $811K | $3.2M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0342% / S −0.0467% | 1h | 271.57 | +0.398% | $26K | — | 100x | as long as short |
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Bybit BCHUSDT
GRVT BCH_USDT_Perp
Coinbase International BCH-PERP-INTX
Orderly PERP_BCH_USDC
BingX BCH-USDT
BloFin BCH-USDT
OKX BCH-USDT-SWAP
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]