Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0093%/8h= −10.1% APRpaid last 24h −0.022%

Price spread now: Bybit against edgeX−0.419%7-day average −0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$470.469% of the position

Long on edgeX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.132%−$13 on $10k

Price spread, last 4 days (all we have)+0.290%+$29 · spread now −0.419%, 7d avg −0.003%

Together, before fees+0.157%+ Points / potential airdropedgeX: Active · farm board+$16 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.416% cheaper against edgeX than usual: you would sell low and buy high (−$42 if the spread goes back to its 7-day average of −0.003%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX BCHUSDC	266.21	0.0100	pay 0.0050% / 4h	3h 49m	$19K	$289K	20x
Short	Bybit BCHUSDT	265.10	0.0007	get 0.0007% / 8h	3h 49m	$39.1M	$31.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against edgeX. 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 edgeXbpFee BybitbpOrdersPrice spread, now −0.419%Rate

Funding earned: −$19.43
Price spread: −0.419% → −0.003%: −$41.6
Slippage, 4 orders: −$26.94
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$107.97
Costs to cover: 0.469%
Break-even: never at this rate

Slippage from edgeX: live order book, 4 min ago; Bybit: live order book, 4 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 edgeX live order book, 4 min ago	8.61 bp	13.9 bp −$14	88.3 bp −$883	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	1.88 bp	10.0 bp −$10	17.9 bp −$179	79.9 bp −$7,993	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
SunX BCH-USDT	−0.0284%	8h	265.01	−0.452%	$2K	$1.7M	30x	as long as short
Phemex BCHUSDT	−0.0258%	8h	265.16	−0.396%	$4.9M	$6.4M	50x	as long as short
HTX BCH-USDT	−0.0232%	8h	265.27	−0.355%	$774K	$1.4M	75x	as long as short
Nado BCH-PERP	−0.0177%	1h	265.00	−0.456%	$428K	$345K	10x	as long as short
SoDEX BCH-USD	−0.0159%	1h	265.21	−0.377%	$2K	$8K	10x	as long as short
OKX BCH-USDT-SWAP	−0.0104%	8h	265.10	−0.419%	$25.1M	$76.3M	50x	as long as short
KuCoin BCHUSDTM	−0.0084%	8h	265.27	−0.355%	$8.5M	$7.0M	75x	as long as short
Binance BCHUSDT	−0.0081%	8h	265.15	−0.400%	$72.0M	$215.4M	75x	as long as short
MEXC BCH_USDT	−0.0081%	8h	265.62	−0.223%	$70.3M	$7.9M	200x	as long as short
Extended BCH-USD	−0.0080%	1h	265.08	−0.425%	$112K	$958K	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BCHUSDT	−0.0078%	8h	265.12	−0.411%	$19.0M	$28.2M	75x	as long as short
Variational Omni BCH	−0.0068%	8h	265.90	−0.117%	$82K	$197K	—	as long as short
Coinbase International BCH-PERP-INTX	−0.0064%	1h	265.45	−0.287%	$217K	$1.8M	50x	as long as short
GRVT BCH_USDT_Perp	−0.0054%	8h	266.56	+0.132%	$389K	$17K	10x	as long as short
Kraken Futures PF_BCHUSD	−0.0051%	1h	265.46	−0.283%	$851K	$3.0M	50x	as long as short
Gate BCH_USDT	−0.0046%	8h	265.24	−0.366%	$8.3M	$13.6M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	265.33	−0.332%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	265.58	−0.239%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	265.43	−0.295%	$1.0M	$10.4M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	265.30	−0.343%	$444K	$332K	25x	as long as short
BingX BCH-USDT	+0.0006%	8h	265.17	−0.392%	—	$32.9M	—	as long as short
Bybit BCHUSDTshort	+0.0007%	8h	265.10	−0.419%	$39.1M	$31.2M	75x
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.497%	$721	$130K	12x	as long as short
BloFin BCH-USDT	+0.0039%	8h	265.06	−0.434%	$3.9M	$4.3M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0043%	8h	265.19	−0.385%	$2K	$176	10x	as long as short
Aster BCHUSDT	+0.0089%	8h	265.37	−0.317%	$154K	$541K	75x	as long as short
Lighter BCH	+0.0096%	1h	265.28	−0.350%	$358K	$488K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.33	−0.330%	$5.7M	$4.6M	10x	as long as short
Pacifica BCH	+0.0100%	1h	265.25	−0.361%	$159K	$305K	10x	as long as short
edgeX BCHUSDClong	+0.0100%	4h	266.21	long leg	$19K	$289K	20x
ApeX Omni BCHUSDT	+0.0100%	1h	266.45	+0.088%	$97K	$233K	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0358% / S −0.0530%	1h	265.28	−0.349%	$25K	—	100x	as long as short