Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0150%/8h= +16.4% APRpaid last 24h +0.015%

Price spread now: edgeX against MEXC−0.846%113s7-day average −0.207% · you buy dearer than you sell

Net, funding: paid 7d − costs−$22as 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−$380.382% of the position

Long on MEXC Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.165%+$16 on $10k

Price spread, last 4 days (all we have)+0.785%+$79 · spread now −0.846%, 7d avg −0.207%

Together, before fees+0.950%+ Points / potential airdropedgeX: Active · farm board+$95 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.640% cheaper against MEXC than usual: you would sell low and buy high (spread −0.846% now, against its 7-day average of −0.207%). If the spread goes back, that is −$64 on $10k: about 14 days of funding at the current rate (+$4 a day). The two prices were read 113 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	MEXC BCH_USDT	264.75	−0.0050	get 0.0050% / 8h	2h 19m	$70.4M	$8.4M	200x
Short	edgeX BCHUSDC	262.51	0.0100	get 0.0050% / 4h	2h 19m	$18K	$347K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against MEXC. 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 MEXCbpFee edgeXbpOrdersPrice spread, now −0.846%Rate

Funding earned: $31.5
Price spread: −0.846% → −0.207%: −$63.95
Slippage, 4 orders: −$25.2
Fee MEXC: 2 bp × 2 orders: −$4
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$70.66
Costs to cover: 0.382%
Break-even: 22.7 days

Slippage from MEXC: live order book, 4 min ago; edgeX: live order book, 29 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 MEXC live order book, 4 min ago	4.18 bp	6.7 bp −$7	16.7 bp −$167	51.4 bp −$5,142	99.5 bp −$49.7K
Sell edgeX live order book, 29 min ago	7.39 bp	12.2 bp −$12	61.2 bp −$612	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
HTX BCH-USDT	−0.0227%	8h	264.11	−0.242%	$771K	$1.4M	75x	as long as short
SoDEX BCH-USD	−0.0210%	1h	264.18	−0.215%	$2K	$8K	10x	as long as short
Phemex BCHUSDT	−0.0177%	8h	264.23	−0.196%	$4.9M	$6.6M	50x	as long as short
Bitget BCHUSDT	−0.0106%	8h	264.56	−0.072%	$18.9M	$28.4M	75x	as long as short
KuCoin BCHUSDTM	−0.0095%	8h	264.49	−0.098%	$8.5M	$6.8M	75x	as long as short
SunX BCH-USDT	−0.0076%	8h	263.88	−0.329%	$2K	$1.7M	30x	as long as short
Variational Omni BCH	−0.0076%	8h	263.30	−0.546%	$81K	$196K	—	as long as short
OKX BCH-USDT-SWAP	−0.0071%	8h	264.40	−0.132%	$25.1M	$77.7M	50x	as long as short
Nado BCH-PERP	−0.0059%	1h	263.95	−0.303%	$432K	$354K	10x	as long as short
MEXC BCH_USDTlong	−0.0050%	8h	264.75	long leg	$70.4M	$8.4M	200x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BCH-USD	−0.0048%	1h	264.41	−0.130%	$115K	$1.1M	25x	as long as short
Binance BCHUSDT	−0.0048%	8h	264.50	−0.094%	$73.0M	$220.2M	75x	as long as short
Coinbase International BCH-PERP-INTX	−0.0040%	1h	264.41	−0.128%	$217K	$1.9M	50x	as long as short
Bybit BCHUSDT	−0.0029%	8h	264.50	−0.094%	$38.9M	$31.7M	75x	as long as short
BingX BCH-USDT	−0.0023%	8h	264.52	−0.087%	—	$32.9M	—	as long as short
GRVT BCH_USDT_Perp	−0.0022%	8h	262.55	−0.831%	$383K	$17K	10x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	264.23	−0.196%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	264.53	−0.084%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	264.07	−0.257%	$982K	$10.5M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	264.29	−0.174%	$440K	$333K	25x	as long as short
Gate BCH_USDT	+0.0026%	8h	264.61	−0.053%	$8.3M	$13.9M	75x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.059%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0045%	8h	264.11	−0.242%	$2K	$176	10x	as long as short
Aster BCHUSDT	+0.0065%	8h	264.41	−0.128%	$153K	$556K	75x	as long as short
BloFin BCH-USDT	+0.0070%	8h	263.43	−0.499%	$3.9M	$4.4M	50x	as long as short
Lighter BCH	+0.0096%	1h	264.46	−0.110%	$353K	$497K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	264.53	−0.083%	$5.7M	$4.7M	10x	as long as short
Pacifica BCH	+0.0100%	1h	264.50	−0.095%	$158K	$309K	10x	as long as short
edgeX BCHUSDCshort	+0.0100%	4h	262.51	−0.846%	$18K	$347K	20x
ApeX Omni BCHUSDT	+0.0100%	1h	262.75	−0.755%	$94K	$237K	50x	as long as short
Kraken Futures PF_BCHUSD	+0.0180%	1h	264.30	−0.171%	$844K	$3.0M	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	264.26	−0.185%	$12K	—	100x	as long as short