Funding you earn now, next payment 08:00 UTC+0.0210%/8h= +23.0% APRpaid last 24h +0.022%
Price spread now: edgeX against Bybit−0.271%51s7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as 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−$450.449% of the position
Funding, last 7 days+0.132%+$13 on $10k
+Price spread, last 4 days (all we have)+0.721%+$72 · spread now −0.271%, 7d avg +0.002%
=Together, before fees+0.854%+ Points / potential airdropedgeX: Active · farm board+$85 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.273% cheaper against Bybit than usual: you would sell low and buy high (spread −0.271% now, against its 7-day average of +0.002%). If the spread goes back, that is −$27 on $10k: about 4.3 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.132% in total) that is about 14 days. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.132% in total (about 6.9% 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 | Bybit BCHUSDT | 264.44 | −0.0110 | get 0.0110% / 8h | 18m 40s | $38.9M | $30.9M | 75x |
| Short | edgeX BCHUSDC | 263.72 | 0.0100 | get 0.0050% / 4h | 18m 40s | $18K | $344K | 20x |
Bybit BCHUSDT
edgeX BCHUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- $44.11
- Price spread: −0.271% → +0.002%
- −$27.26
- Slippage, 4 orders
- −$24.92
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$28.07
- Costs to cover
- 0.449%
- Break-even
- 11.5 days
Slippage from Bybit: live order book, 5 min ago; edgeX: live order book, 20 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 Bybit live order book, 5 min ago | 1.90 bp | 10.3 bp −$10 | 19.4 bp −$194 | 70.0 bp −$7,004 | doesn't fit |
| Sell edgeX live order book, 20 min ago | 7.37 bp | 11.9 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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX BCH-USD | −0.0329% | 1h | 264.69 | +0.095% | $2K | $8K | 10x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0219% | 1h | 264.90 | +0.175% | $859K | $2.7M | 50x | as long as short |
| Phemex BCHUSDT | −0.0163% | 8h | 264.71 | +0.102% | $4.9M | $6.5M | 50x | as long as short |
| Variational Omni BCH | −0.0128% | 8h | 263.50 | −0.354% | $81K | $196K | — | as long as short |
| Bybit BCHUSDTlong | −0.0110% | 8h | 264.44 | long leg | $38.9M | $30.9M | 75x | |
| HTX BCH-USDT | −0.0085% | 8h | 264.58 | +0.053% | $775K | $1.4M | 75x | as long as short |
| KuCoin BCHUSDTM | −0.0081% | 8h | 264.66 | +0.083% | $8.4M | $6.3M | 75x | as long as short |
| Bitget BCHUSDT | −0.0075% | 8h | 264.50 | +0.023% | $19.1M | $27.1M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0065% | 8h | 264.40 | −0.015% | $25.2M | $76.3M | 50x | as long as short |
| Binance BCHUSDT | −0.0051% | 8h | 264.58 | +0.053% | $73.0M | $212.7M | 75x | as long as short |
SoDEX BCH-USD
Kraken Futures PF_BCHUSD
Phemex BCHUSDT
Variational Omni BCH
HTX BCH-USDT
KuCoin BCHUSDTM
Bitget BCHUSDT
OKX BCH-USDT-SWAP
Binance BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0051% | 8h | 264.94 | +0.189% | $70.7M | $8.9M | 200x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 264.42 | −0.007% | $110K | $907K | 25x | as long as short |
| GRVT BCH_USDT_Perp | −0.0044% | 8h | 263.75 | −0.261% | $385K | $17K | 10x | as long as short |
| BingX BCH-USDC | −0.0041% | 8h | 264.54 | +0.038% | — | $6.5M | — | as long as short |
| Gate BCH_USDT | −0.0024% | 8h | 264.67 | +0.087% | $8.3M | $13.6M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 264.84 | +0.150% | $15K | — | 150x | as long as short |
| Pacifica BCH | −0.0003% | 1h | 264.49 | +0.019% | $158K | $293K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 264.80 | +0.136% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 264.88 | +0.166% | $996K | $9.7M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 264.87 | +0.161% | $427K | $348K | 25x | as long as short |
| Aster BCHUSDT | +0.0017% | 8h | 264.57 | +0.048% | $136K | $582K | 75x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.178% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0046% | 8h | 264.71 | +0.102% | $2K | — | 10x | as long as short |
| BloFin BCH-USDT | +0.0069% | 8h | 264.63 | +0.072% | $3.5M | $4.5M | 50x | as long as short |
| Nado BCH-PERP | +0.0071% | 1h | 264.55 | +0.042% | $434K | $350K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0088% | 1h | 265.02 | +0.219% | $246K | $1.9M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 264.56 | +0.044% | $352K | $469K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 264.66 | +0.083% | $5.7M | $4.6M | 10x | as long as short |
| edgeX BCHUSDCshort | +0.0100% | 4h | 263.72 | −0.271% | $18K | $344K | 20x | |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 263.92 | −0.197% | $95K | $242K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 264.39 | −0.019% | $2K | $1.6M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0202% / S −0.0147% | 1h | 264.76 | +0.122% | $12K | — | 100x | as long as short |
MEXC BCH_USDT
Extended BCH-USD
GRVT BCH_USDT_Perp
BingX BCH-USDC
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
Pacifica BCH
dYdX BCH-USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Aster BCHUSDT
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
BloFin BCH-USDT
Nado BCH-PERP
Coinbase International BCH-PERP-INTX
Lighter BCH
Hyperliquid BCH
ApeX Omni BCHUSDT
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]