Funding you earn now, next payment 00:00 UTC+0.0314%/8h= +34.4% APRpaid last 24h +0.021%
Price spread now: edgeX against Phemex+0.106%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$430.425% of the position
Funding, last 7 days+0.143%+$14 on $10k
+Price spread, last 3 days (all we have)−0.057%−$6 · spread now +0.106%, 7d avg −0.028%
=Together, before fees+0.086%+ Points / potential airdropedgeX: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and edgeX is 0.135% dearer against Phemex than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.028%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.143% in total (about 7.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex BCHUSDT | 271.67 | −0.0214 | get 0.0214% / 8h | 1h 38m | $5.0M | $6.3M | 50x |
| Short | edgeX BCHUSDC | 271.96 | 0.0100 | get 0.0050% / 4h | 1h 38m | $19K | $289K | 20x |
Phemex BCHUSDT
edgeX BCHUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Phemex. 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
- $66.01
- Price spread: +0.106% → −0.028%
- $13.47
- Slippage, 4 orders
- −$21.54
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $36.95
- Costs to cover
- 0.425%
- Break-even
- 3.1 days
Slippage from Phemex: live order book, 5 min ago; edgeX: live order book, 44 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 Phemex live order book, 5 min ago | 1.11 bp | 9.3 bp −$9 | 17.2 bp −$172 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 44 min ago | 7.26 bp | 11.8 bp −$12 | 15.1 bp −$151 | 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 | −0.0842% | 1h | 271.73 | +0.021% | $461K | $265K | 25x | as long as short |
| Phemex BCHUSDTlong | −0.0214% | 8h | 271.67 | long leg | $5.0M | $6.3M | 50x | |
| Injective BCH/USDC PERP | −0.0154% | 1h | 270.20 | −0.541% | $721 | $130K | 12x | as long as short |
| Variational Omni BCH | −0.0072% | 8h | 271.92 | +0.092% | $87K | $291K | — | as long as short |
| SoDEX BCH-USD | −0.0071% | 1h | 271.59 | −0.029% | $2K | $6K | 10x | as long as short |
| Extended BCH-USD | −0.0064% | 1h | 271.61 | −0.020% | $117K | $653K | 25x | as long as short |
| MEXC BCH_USDT | −0.0061% | 8h | 272.29 | +0.228% | $71.5M | $6.4M | 200x | as long as short |
| Binance BCHUSDT | −0.0061% | 8h | 271.70 | +0.011% | $75.7M | $232.6M | 75x | as long as short |
| Gate BCH_USDT | −0.0016% | 8h | 271.69 | +0.007% | $8.4M | $14.7M | 75x | as long as short |
| Bybit BCHUSDT | −0.0008% | 8h | 271.52 | −0.055% | $39.8M | $32.8M | 75x | as long as short |
Deribit BCH_USDC-PERPETUAL
Injective BCH/USDC PERP
Variational Omni BCH
SoDEX BCH-USD
Extended BCH-USD
MEXC BCH_USDT
Binance BCHUSDT
Gate BCH_USDT
Bybit BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BCHUSDT | −0.0008% | 8h | 271.72 | +0.018% | $20.1M | $29.1M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 271.84 | +0.062% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 272.16 | +0.180% | $1.1M | $11.6M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 271.76 | +0.034% | $5K | — | 150x | as long as short |
| GRVT BCH_USDT_Perp | +0.0014% | 8h | 271.94 | +0.098% | $396K | $17K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 272.31 | +0.236% | $235K | $2.1M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0026% | 8h | 271.60 | −0.026% | $2K | $176 | 10x | as long as short |
| BingX BCH-USDT | +0.0058% | 8h | 271.70 | +0.011% | — | $30.5M | — | as long as short |
| BloFin BCH-USDT | +0.0059% | 8h | 271.55 | −0.044% | $4.0M | $4.2M | 50x | as long as short |
| OKX BCH-USDT-SWAP | +0.0063% | 8h | 271.70 | +0.011% | $26.2M | $78.4M | 50x | as long as short |
| Nado BCH-PERP | +0.0095% | 1h | 271.68 | +0.005% | $446K | $427K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 271.79 | +0.043% | $380K | $584K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 272.05 | +0.140% | $6.1M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 271.75 | +0.031% | $221K | $700K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 271.67 | 0.000% | $165K | $468K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 271.81 | +0.052% | $9.1M | $8.0M | 75x | as long as short |
| edgeX BCHUSDCshort | +0.0100% | 4h | 271.96 | +0.106% | $19K | $289K | 20x | |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 272.03 | +0.133% | $74K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 271.48 | −0.070% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 271.63 | −0.015% | $787K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0112% | 1h | 271.79 | +0.044% | $811K | $3.2M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0342% / S −0.0467% | 1h | 271.95 | +0.102% | $26K | — | 100x | as long as short |
Bitget BCHUSDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
GRVT BCH_USDT_Perp
Coinbase International BCH-PERP-INTX
Orderly PERP_BCH_USDC
BingX BCH-USDT
BloFin BCH-USDT
OKX BCH-USDT-SWAP
Nado BCH-PERP
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]