Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%

Price spread now: edgeX against KuCoin−0.194%7-day average −0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$610.610% of the position

Long on KuCoin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.053%+$5 on $10k

Price spread, last 3 days (all we have)+0.295%+$30 · spread now −0.194%, 7d avg −0.038%

Together, before fees+0.348%+ Points / potential airdropedgeX: Active · farm board+$35 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.156% cheaper against KuCoin than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BCHUSDTM	268.66	0.0100	pay 0.0100% / 8h	2h 24m	$8.9M	$8.0M	75x
Short	edgeX BCHUSDC	268.14	0.0100	get 0.0050% / 4h	2h 24m	$19K	$288K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. 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 KuCoinbpFee edgeXbpOrdersPrice spread, now −0.194%Rate

Funding earned: $0
Price spread: −0.194% → −0.038%: −$15.62
Slippage, 4 orders: −$39.96
Fee KuCoin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$76.58
Costs to cover: 0.610%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; edgeX: live order book, 63 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 KuCoin live order book, 3 min ago	1.30 bp	15.8 bp −$16	58.7 bp −$587	doesn't fit	doesn't fit
Sell edgeX live order book, 63 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-PERPETUAL	−0.0423%	1h	268.63	−0.009%	$439K	$247K	25x	as long as short
Injective BCH/USDC PERP	−0.0304%	1h	267.23	−0.532%	$713	$80K	12x	as long as short
Phemex BCHUSDT	−0.0207%	8h	268.52	−0.052%	$4.9M	$6.2M	50x	as long as short
SoDEX BCH-USD	−0.0152%	1h	268.51	−0.056%	$2K	$6K	10x	as long as short
MEXC BCH_USDT	−0.0109%	8h	269.26	+0.223%	$71.4M	$6.4M	200x	as long as short
Binance BCHUSDT	−0.0107%	8h	268.58	−0.030%	$74.1M	$229.3M	75x	as long as short
Extended BCH-USD	−0.0104%	1h	268.53	−0.047%	$105K	$643K	25x	as long as short
Variational Omni BCH	−0.0076%	8h	268.64	−0.007%	$85K	$291K	—	as long as short
Bitget BCHUSDT	−0.0044%	8h	268.56	−0.037%	$19.9M	$28.9M	75x	as long as short
Bybit BCHUSDT	−0.0040%	8h	268.53	−0.048%	$39.5M	$32.1M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BCH_USDT_Perp	−0.0038%	8h	268.15	−0.189%	$391K	$17K	10x	as long as short
Coinbase International BCH-PERP-INTX	−0.0024%	1h	268.82	+0.060%	$246K	$2.1M	50x	as long as short
Gate BCH_USDT	−0.0022%	8h	268.65	−0.004%	$8.4M	$14.4M	75x	as long as short
dYdX BCH-USD	0.0000%	1h	268.77	+0.041%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	269.13	+0.175%	$1.1M	$11.3M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	268.67	+0.004%	$4K	—	150x	as long as short
BingX BCH-USDT	+0.0002%	8h	268.65	−0.004%	—	$32.1M	—	as long as short
OKX BCH-USDT-SWAP	+0.0009%	8h	268.70	+0.015%	$26.3M	$76.1M	50x	as long as short
BloFin BCH-USDT	+0.0013%	8h	268.50	−0.060%	$4.0M	$4.1M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0028%	8h	268.53	−0.048%	$2K	$176	10x	as long as short
Kraken Futures PF_BCHUSD	+0.0074%	1h	268.84	+0.069%	$806K	$3.2M	50x	as long as short
Nado BCH-PERP	+0.0084%	1h	268.47	−0.070%	$439K	$427K	10x	as long as short
Lighter BCH	+0.0096%	1h	268.60	−0.021%	$377K	$581K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	268.87	+0.078%	$6.0M	$4.1M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	268.69	+0.011%	$235K	$660K	75x	as long as short
Pacifica BCH	+0.0100%	1h	268.59	−0.028%	$169K	$461K	10x	as long as short
KuCoin BCHUSDTMlong	+0.0100%	8h	268.66	long leg	$8.9M	$8.0M	75x
edgeX BCHUSDCshort	+0.0100%	4h	268.14	−0.194%	$19K	$288K	20x
ApeX Omni BCHUSDT	+0.0100%	1h	268.22	−0.164%	$73K	$213K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	268.40	−0.097%	$2K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	268.47	−0.071%	$773K	$1.6M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0372% / S −0.0574%	1h	268.66	−0.001%	$26K	—	100x	as long as short