Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0071%/8h= +7.8% APRpaid last 24h +0.008%

Price spread now: edgeX against Orderly−0.241%7-day average — · you buy dearer than you sell

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

Long on Orderly 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 0.241% cheaper against Orderly than usual: you would sell low and buy high (spread −0.241% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$24 on $10k: about 11 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_BCH_USDC	268.01	0.0029	pay 0.0029% / 8h	2h 36m	$2K	$176	10x
Short	edgeX BCHUSDC	267.36	0.0100	get 0.0050% / 4h	2h 36m	$19K	$288K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Orderly. 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 OrderlybpFee edgeXbpOrdersPrice spread, now −0.241%Rate

Funding earned: $14.98
Price spread: −0.241% → 0.000%: −$24.14
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$24.16
Costs to cover: 0.150%
Break-even: 18.3 days

Slippage unknown: Orderly: no order-book sample; edgeX: live order book, 51 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 Orderly no order-book sample	—	—	—	—	—
Sell edgeX live order book, 51 min ago	7.48 bp	12.0 bp −$12	14.8 bp −$148	doesn't fit	doesn't fit

Orderly: 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
Injective BCH/USDC PERP	−0.0304%	1h	267.23	−0.291%	$713	$80K	12x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0238%	1h	268.12	+0.040%	$438K	$247K	25x	as long as short
Phemex BCHUSDT	−0.0205%	8h	268.12	+0.041%	$4.9M	$6.2M	50x	as long as short
SoDEX BCH-USD	−0.0176%	1h	267.92	−0.034%	$2K	$6K	10x	as long as short
Extended BCH-USD	−0.0120%	1h	267.55	−0.170%	$105K	$643K	25x	as long as short
MEXC BCH_USDT	−0.0118%	8h	268.27	+0.097%	$71.0M	$6.3M	200x	as long as short
Binance BCHUSDT	−0.0117%	8h	267.61	−0.149%	$73.9M	$229.0M	75x	as long as short
Variational Omni BCH	−0.0086%	8h	267.45	−0.208%	$85K	$291K	—	as long as short
Bybit BCHUSDT	−0.0071%	8h	267.60	−0.153%	$39.4M	$32.0M	75x	as long as short
GRVT BCH_USDT_Perp	−0.0057%	8h	267.55	−0.173%	$390K	$17K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BCHUSDT	−0.0051%	8h	267.64	−0.138%	$20.0M	$28.8M	75x	as long as short
Gate BCH_USDT	−0.0036%	8h	267.70	−0.116%	$8.4M	$14.4M	75x	as long as short
Coinbase International BCH-PERP-INTX	−0.0024%	1h	267.55	−0.172%	$254K	$2.0M	50x	as long as short
BingX BCH-USDT	−0.0010%	8h	267.71	−0.112%	—	$32.1M	—	as long as short
OKX BCH-USDT-SWAP	−0.0006%	8h	267.60	−0.153%	$26.2M	$75.6M	50x	as long as short
dYdX BCH-USD	0.0000%	1h	267.89	−0.045%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	268.07	+0.022%	$1.1M	$11.3M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	268.17	+0.061%	$4K	—	150x	as long as short
BloFin BCH-USDT	+0.0001%	8h	268.11	+0.037%	$4.0M	$4.1M	50x	as long as short
Orderly PERP_BCH_USDClong	+0.0029%	8h	268.01	long leg	$2K	$176	10x
Kraken Futures PF_BCHUSD	+0.0074%	1h	268.19	+0.068%	$804K	$3.2M	50x	as long as short
KuCoin BCHUSDTM	+0.0085%	8h	267.88	−0.049%	$8.9M	$8.0M	75x	as long as short
Nado BCH-PERP	+0.0086%	1h	268.03	+0.007%	$439K	$427K	10x	as long as short
Lighter BCH	+0.0096%	1h	267.79	−0.083%	$375K	$580K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	268.10	+0.034%	$6.0M	$4.1M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	267.82	−0.070%	$234K	$660K	75x	as long as short
Pacifica BCH	+0.0100%	1h	267.78	−0.086%	$169K	$460K	10x	as long as short
edgeX BCHUSDCshort	+0.0100%	4h	267.36	−0.241%	$19K	$288K	20x
ApeX Omni BCHUSDT	+0.0100%	1h	267.67	−0.127%	$73K	$214K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	267.92	−0.034%	$2K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	267.95	−0.022%	$771K	$1.6M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0366% / S −0.0554%	1h	268.14	+0.048%	$25K	—	100x	as long as short