Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0127%/8h= +13.9% APRpaid last 24h +0.008%

Price spread now: edgeX against Bitget+0.493%104s7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as 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−$460.460% of the position

Long on Bitget Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.116%+$12 on $10k

Price spread, last 3 days (all we have)−0.433%−$43 · spread now +0.493%, 7d avg −0.007%

Together, before fees−0.317%+ Points / potential airdropedgeX: Active · farm board−$32 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and edgeX is 0.500% dearer against Bitget than usual: you sell high and buy low: +$50 more if the spread goes back to its 7-day average of −0.007%. The two prices were read 104 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	Bitget BCHUSDT	268.26	−0.0027	get 0.0027% / 8h	7h 05m	$19.5M	$29.5M	75x
Short	edgeX BCHUSDC	269.58	0.0100	get 0.0050% / 4h	3h 05m	$19K	$291K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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 BitgetbpFee edgeXbpOrdersPrice spread, now +0.493%Rate

Funding earned: $26.67
Price spread: +0.493% → −0.007%: $50.01
Slippage, 4 orders: −$25.04
Fee Bitget: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $30.64
Costs to cover: 0.460%
Break-even: from the start

Slippage from Bitget: live order book, 3 min ago; edgeX: live order book, 2 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 Bitget live order book, 3 min ago	0.93 bp	9.6 bp −$10	13.4 bp −$134	42.8 bp −$4,282	doesn't fit
Sell edgeX live order book, 2 min ago	7.43 bp	12.0 bp −$12	15.0 bp −$150	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	−0.0606%	1h	268.34	+0.029%	$454K	$266K	25x	as long as short
SoDEX BCH-USD	−0.0547%	1h	268.30	+0.015%	$2K	$6K	10x	as long as short
Phemex BCHUSDT	−0.0490%	8h	268.43	+0.063%	$4.9M	$6.5M	50x	as long as short
Gate BCH_USDT	−0.0189%	8h	268.29	+0.011%	$8.4M	$14.3M	75x	as long as short
GRVT BCH_USDT_Perp	−0.0187%	8h	269.71	+0.542%	$393K	$17K	10x	as long as short
ApeX Omni BCHUSDT	−0.0170%	1h	269.64	+0.514%	$73K	$214K	50x	as long as short
Variational Omni BCH	−0.0122%	8h	268.20	−0.022%	$82K	$285K	—	as long as short
Binance BCHUSDT	−0.0073%	8h	268.19	−0.026%	$72.6M	$230.0M	75x	as long as short
MEXC BCH_USDT	−0.0073%	8h	268.92	+0.246%	$70.5M	$6.7M	200x	as long as short
Extended BCH-USD	−0.0072%	1h	268.14	−0.043%	$117K	$961K	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BCH-PERP-INTX	−0.0056%	1h	268.33	+0.026%	$237K	$2.0M	50x	as long as short
Kraken Futures PF_BCHUSD	−0.0049%	1h	268.63	+0.137%	$867K	$3.1M	50x	as long as short
Bybit BCHUSDT	−0.0027%	8h	268.22	−0.015%	$39.7M	$32.6M	75x	as long as short
Bitget BCHUSDTlong	−0.0027%	8h	268.26	long leg	$19.5M	$29.5M	75x
OKX BCH-USDT-SWAP	−0.0009%	8h	268.20	−0.022%	$26.1M	$76.2M	50x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0003% / S +0.0007%	1h	268.44	+0.067%	$7K	—	150x	as long as short
BingX BCH-USDC	−0.0002%	8h	268.28	+0.007%	—	$6.5M	—	as long as short
dYdX BCH-USD	0.0000%	1h	269.12	+0.321%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	268.74	+0.179%	$1.1M	$11.0M	2.7x	as long as short
Orderly PERP_BCH_USDC	+0.0030%	8h	268.20	−0.022%	$2K	$176	10x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+0.723%	$721	$130K	12x	as long as short
Nado BCH-PERP	+0.0044%	1h	268.17	−0.033%	$439K	$421K	10x	as long as short
BloFin BCH-USDT	+0.0047%	8h	269.22	+0.358%	$4.0M	$4.3M	50x	as long as short
Lighter BCH	+0.0096%	1h	268.40	+0.051%	$370K	$530K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	268.62	+0.134%	$6.6M	$4.6M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	268.33	+0.027%	$177K	$666K	75x	as long as short
Pacifica BCH	+0.0100%	1h	268.95	+0.259%	$163K	$407K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	268.45	+0.071%	$8.8M	$7.6M	75x	as long as short
edgeX BCHUSDCshort	+0.0100%	4h	269.58	+0.493%	$19K	$291K	20x
SunX BCH-USDT	+0.0100%	8h	268.01	−0.093%	$2K	$1.9M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	268.00	−0.097%	$778K	$1.6M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0334% / S −0.0451%	1h	268.41	+0.057%	$25K	—	100x	as long as short