Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0210%/8h= −23.0% APRpaid last 24h 0.000%

Price spread now: HTX against edgeX−0.129%7-day average +0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$680.681% of the position

Long on edgeX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.100%+$10 · spread now −0.129%, 7d avg +0.007%

Together, before fees+0.100%+ Points / potential airdropedgeX: Active · farm board+$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and HTX is 0.136% cheaper against edgeX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.007%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.000% in total (about 0.0% 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	edgeX BCHUSDC	264.40	0.0100	pay 0.0050% / 4h	35m 25s	$18K	$345K	20x
Short	HTX BCH-USDT	264.06	−0.0110	pay 0.0110% / 8h	35m 25s	$772K	$1.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.129%Rate

Funding earned: −$44.02
Price spread: −0.129% → +0.007%: −$13.57
Slippage, 4 orders: −$47.1
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee HTX: 6 bp × 2 orders: −$12
Net: −$125.69
Costs to cover: 0.681%
Break-even: never at this rate

Slippage from edgeX: live order book, 3 min ago; HTX: live order book, 3 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, 3 min ago	7.37 bp	12.0 bp −$12	15.4 bp −$154	doesn't fit	doesn't fit
Sell HTX live order book, 3 min ago	8.12 bp	28.8 bp −$29	117.1 bp −$1,171	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	−0.0344%	1h	264.10	−0.114%	$2K	$8K	10x	as long as short
Kraken Futures PF_BCHUSD	−0.0220%	1h	264.38	−0.007%	$858K	$2.8M	50x	as long as short
Phemex BCHUSDT	−0.0151%	8h	264.27	−0.050%	$4.9M	$6.6M	50x	as long as short
Variational Omni BCH	−0.0120%	8h	264.10	−0.114%	$81K	$196K	—	as long as short
HTX BCH-USDTshort	−0.0110%	8h	264.06	−0.129%	$772K	$1.4M	75x
Bybit BCHUSDT	−0.0097%	8h	264.10	−0.114%	$38.8M	$31.2M	75x	as long as short
KuCoin BCHUSDTM	−0.0092%	8h	264.43	+0.011%	$8.5M	$6.4M	75x	as long as short
Bitget BCHUSDT	−0.0073%	8h	264.11	−0.110%	$19.1M	$27.3M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0059%	8h	264.00	−0.152%	$25.1M	$76.7M	50x	as long as short
Extended BCH-USD	−0.0056%	1h	263.98	−0.161%	$111K	$909K	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BCHUSDT	−0.0052%	8h	264.17	−0.086%	$72.8M	$215.6M	75x	as long as short
MEXC BCH_USDT	−0.0052%	8h	264.53	+0.049%	$70.5M	$8.8M	200x	as long as short
BingX BCH-USDT	−0.0038%	8h	264.19	−0.080%	—	$15.4M	—	as long as short
GRVT BCH_USDT_Perp	−0.0038%	8h	264.90	+0.188%	$386K	$17K	10x	as long as short
Gate BCH_USDT	−0.0026%	8h	264.22	−0.068%	$8.3M	$13.6M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	264.33	−0.028%	$15K	—	150x	as long as short
Pacifica BCH	−0.0003%	1h	264.21	−0.071%	$158K	$303K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	264.46	+0.022%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	264.54	+0.053%	$994K	$10.2M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	264.34	−0.022%	$426K	$351K	25x	as long as short
Aster BCHUSDT	+0.0025%	8h	264.39	−0.004%	$136K	$593K	75x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.193%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0046%	8h	264.22	−0.068%	$2K	$176	10x	as long as short
BloFin BCH-USDT	+0.0069%	8h	264.29	−0.042%	$3.9M	$4.5M	50x	as long as short
Nado BCH-PERP	+0.0087%	1h	264.15	−0.095%	$433K	$360K	10x	as long as short
Coinbase International BCH-PERP-INTX	+0.0088%	1h	264.37	−0.012%	$246K	$1.9M	50x	as long as short
Lighter BCH	+0.0096%	1h	264.25	−0.056%	$352K	$469K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	264.33	−0.027%	$5.7M	$4.6M	10x	as long as short
edgeX BCHUSDClong	+0.0100%	4h	264.40	long leg	$18K	$345K	20x
ApeX Omni BCHUSDT	+0.0100%	1h	264.60	+0.075%	$95K	$242K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	264.00	−0.152%	$2K	$1.6M	30x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	264.35	−0.019%	$12K	—	100x	as long as short