Funding you earn now, next payment 08:00 UTC−0.0192%/8h= −21.0% APRpaid last 24h −0.003%
Price spread now: KuCoin against edgeX+0.254%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$580.582% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 4 days (all we have)−0.276%−$28 · spread now +0.254%, 7d avg +0.038%
=Together, before fees−0.319%+ Points / potential airdropedgeX: Active · farm board−$32 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.215% dearer against edgeX than usual: you sell high and buy low (spread +0.254% now, against its 7-day average of +0.038%): +$22 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.7 days. At the pace of the last 7 days (−0.043% in total) that is about 35 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.043% in total (about -2.2% 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 | 264.96 | 0.0100 | pay 0.0050% / 4h | 1h 19m | $18K | $344K | 20x |
| Short | KuCoin BCHUSDTM | 265.63 | −0.0092 | pay 0.0092% / 8h | 1h 19m | $8.5M | $6.6M | 75x |
edgeX BCHUSDC
KuCoin BCHUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against edgeX. 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
- −$40.32
- Price spread: +0.254% → +0.038%
- $21.54
- Slippage, 4 orders
- −$37.24
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$77.03
- Costs to cover
- 0.582%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 24 min ago; KuCoin: live order book, 9 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, 24 min ago | 7.37 bp | 12.0 bp −$12 | 15.3 bp −$153 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 1.70 bp | 18.7 bp −$19 | 60.1 bp −$601 | 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 | −0.0369% | 1h | 265.44 | +0.182% | $2K | $8K | 10x | as long as short |
| HTX BCH-USDT | −0.0168% | 8h | 265.34 | +0.144% | $776K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0165% | 8h | 265.44 | +0.182% | $4.9M | $6.6M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0103% | 1h | 265.64 | +0.258% | $864K | $2.9M | 50x | as long as short |
| KuCoin BCHUSDTMshort | −0.0092% | 8h | 265.63 | +0.254% | $8.5M | $6.6M | 75x | |
| Variational Omni BCH | −0.0090% | 8h | 265.30 | +0.130% | $81K | $196K | — | as long as short |
| Bitget BCHUSDT | −0.0081% | 8h | 265.43 | +0.178% | $18.9M | $28.4M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0074% | 8h | 265.30 | +0.129% | $25.3M | $78.2M | 50x | as long as short |
| Bybit BCHUSDT | −0.0058% | 8h | 265.36 | +0.152% | $39.0M | $31.8M | 75x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 265.25 | +0.109% | $111K | $771K | 25x | as long as short |
SoDEX BCH-USD
HTX BCH-USDT
Phemex BCHUSDT
Kraken Futures PF_BCHUSD
Variational Omni BCH
Bitget BCHUSDT
OKX BCH-USDT-SWAP
Bybit BCHUSDT
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0044% | 8h | 265.49 | +0.201% | $73.1M | $221.0M | 75x | as long as short |
| MEXC BCH_USDT | −0.0044% | 8h | 265.86 | +0.340% | $71.0M | $8.8M | 200x | as long as short |
| BingX BCH-USDT | −0.0037% | 8h | 265.44 | +0.182% | — | $32.9M | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0026% | 8h | 264.93 | −0.010% | $386K | $17K | 10x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 265.72 | +0.288% | $15K | — | 150x | as long as short |
| Gate BCH_USDT | −0.0003% | 8h | 265.54 | +0.220% | $8.4M | $13.9M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.60 | +0.241% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.69 | +0.276% | $987K | $10.5M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 265.59 | +0.239% | $442K | $336K | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0008% | 1h | 265.90 | +0.356% | $225K | $1.9M | 50x | as long as short |
| Nado BCH-PERP | +0.0009% | 1h | 265.46 | +0.190% | $435K | $357K | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.978% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0046% | 8h | 265.46 | +0.189% | $2K | $176 | 10x | as long as short |
| Aster BCHUSDT | +0.0057% | 8h | 265.45 | +0.186% | $138K | $590K | 75x | as long as short |
| SunX BCH-USDT | +0.0075% | 8h | 265.27 | +0.118% | $1K | $1.7M | 30x | as long as short |
| BloFin BCH-USDT | +0.0076% | 8h | 265.54 | +0.220% | $3.9M | $4.5M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 265.49 | +0.200% | $354K | $495K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.69 | +0.276% | $5.7M | $4.7M | 10x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 265.48 | +0.195% | $159K | $311K | 10x | as long as short |
| edgeX BCHUSDClong | +0.0100% | 4h | 264.96 | long leg | $18K | $344K | 20x | |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 265.56 | +0.227% | $95K | $239K | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0202% / S −0.0147% | 1h | 265.63 | +0.252% | $12K | — | 100x | as long as short |
Binance BCHUSDT
MEXC BCH_USDT
BingX BCH-USDT
GRVT BCH_USDT_Perp
gTrade (Gains Network) BCH/USD
Gate BCH_USDT
dYdX BCH-USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Coinbase International BCH-PERP-INTX
Nado BCH-PERP
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
Aster BCHUSDT
SunX BCH-USDT
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Pacifica BCH
ApeX Omni BCHUSDT
GMX BCH/USD [WBTC.b-USDC]