Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0203%/8h= +22.3% APRpaid last 24h +0.043%

Price spread now: edgeX against Kraken Futures−0.137%7-day average −0.074% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$530.530% of the position

Long on Kraken Futures Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.244%+$24 on $10k

Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.137%, 7d avg −0.074%

Together, before fees+0.305%+ Points / potential airdropedgeX: Active · farm board+$31 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.062% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of −0.074%). If the spread goes back, that is −$6 on $10k: about 25 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_BCHUSD	264.54	−0.0103	get 0.0013% / 1h	29m 21s	$860K	$2.9M	50x
Short	edgeX BCHUSDC	264.18	0.0100	get 0.0050% / 4h	1h 29m	$18K	$345K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Kraken Futures. 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 Kraken FuturesbpFee edgeXbpOrdersPrice spread, now −0.137%Rate

Funding earned: $42.67
Price spread: −0.137% → −0.074%: −$6.25
Slippage, 4 orders: −$34.01
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$16.59
Costs to cover: 0.530%
Break-even: 9.7 days

Slippage from Kraken Futures: live order book, 4 min ago; edgeX: live order book, 14 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 Kraken Futures live order book, 4 min ago	7.18 bp	13.5 bp −$14	23.5 bp −$235	doesn't fit	doesn't fit
Sell edgeX live order book, 14 min ago	7.37 bp	11.9 bp −$12	14.8 bp −$148	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	−0.0412%	1h	264.31	−0.088%	$2K	$8K	10x	as long as short
HTX BCH-USDT	−0.0181%	8h	264.31	−0.088%	$773K	$1.4M	75x	as long as short
Phemex BCHUSDT	−0.0162%	8h	264.38	−0.062%	$4.9M	$6.6M	50x	as long as short
KuCoin BCHUSDTM	−0.0106%	8h	264.67	+0.048%	$8.5M	$6.7M	75x	as long as short
Kraken Futures PF_BCHUSDlong	−0.0103%	1h	264.54	long leg	$860K	$2.9M	50x
Variational Omni BCH	−0.0091%	8h	264.10	−0.166%	$81K	$196K	—	as long as short
Bitget BCHUSDT	−0.0088%	8h	264.35	−0.073%	$18.9M	$28.4M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0078%	8h	264.20	−0.130%	$25.2M	$77.9M	50x	as long as short
Bybit BCHUSDT	−0.0065%	8h	264.33	−0.081%	$38.8M	$31.8M	75x	as long as short
Binance BCHUSDT	−0.0051%	8h	264.46	−0.033%	$72.8M	$220.9M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BCH_USDT	−0.0051%	8h	264.79	+0.093%	$70.6M	$8.8M	200x	as long as short
Extended BCH-USD	−0.0048%	1h	264.20	−0.128%	$111K	$771K	25x	as long as short
BingX BCH-USDC	−0.0038%	8h	264.50	−0.017%	—	$6.5M	—	as long as short
GRVT BCH_USDT_Perp	−0.0031%	8h	264.25	−0.109%	$385K	$17K	10x	as long as short
Gate BCH_USDT	−0.0014%	8h	264.60	+0.021%	$8.3M	$13.8M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	264.44	−0.040%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	264.38	−0.063%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	264.65	+0.040%	$984K	$10.5M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	264.55	0.000%	$440K	$336K	25x	as long as short
Coinbase International BCH-PERP-INTX	+0.0008%	1h	265.10	+0.210%	$224K	$1.9M	50x	as long as short
Nado BCH-PERP	+0.0009%	1h	264.45	−0.035%	$434K	$356K	10x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.138%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0046%	8h	264.36	−0.069%	$2K	$176	10x	as long as short
Aster BCHUSDT	+0.0051%	8h	264.50	−0.017%	$137K	$590K	75x	as long as short
SunX BCH-USDT	+0.0054%	8h	264.34	−0.077%	$2K	$1.7M	30x	as long as short
BloFin BCH-USDT	+0.0068%	8h	264.29	−0.096%	$3.9M	$4.5M	50x	as long as short
ApeX Omni BCHUSDT	+0.0074%	1h	264.28	−0.100%	$95K	$238K	50x	as long as short
Lighter BCH	+0.0096%	1h	264.55	+0.002%	$352K	$495K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	264.65	+0.040%	$5.7M	$4.7M	10x	as long as short
Pacifica BCH	+0.0100%	1h	264.57	+0.011%	$159K	$312K	10x	as long as short
edgeX BCHUSDCshort	+0.0100%	4h	264.18	−0.137%	$18K	$345K	20x
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	264.47	−0.028%	$12K	—	100x	as long as short