Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0038%/8h= +4.2% APRpaid last 24h −0.006%

Price spread now: edgeX against BloFin+0.298%7-day average −0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$10as in the Price arb table

costs, in and out, $10k−$420.418% of the position

Long on BloFin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.082%−$8 on $10k

Price spread, last 4 days (all we have)−0.124%−$12 · spread now +0.298%, 7d avg −0.018%

Together, before fees−0.207%+ Points / potential airdropedgeX: Active · farm board−$21 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.316% dearer against BloFin than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −0.018%. Mind the row above: over the last 7 days funding on this pair cost −0.082%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BCH-USDT	265.30	0.0062	pay 0.0062% / 8h	7h 29m	$3.6M	$5.1M	50x
Short	edgeX BCHUSDC	266.09	0.0100	get 0.0050% / 4h	3h 29m	$19K	$346K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against BloFin. 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 BloFinbpFee edgeXbpOrdersPrice spread, now +0.298%Rate

Funding earned: $8.04
Price spread: +0.298% → −0.018%: $31.61
Slippage, 4 orders: −$20.77
Fee BloFin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$2.12
Costs to cover: 0.418%
Break-even: 8.8 days

Slippage from BloFin: live order book, 4 min ago; edgeX: 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 BloFin live order book, 4 min ago	1.31 bp	9.2 bp −$9	18.7 bp −$187	doesn't fit	doesn't fit
Sell edgeX live order book, 4 min ago	7.51 bp	12.2 bp −$12	14.6 bp −$146	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	−0.0408%	1h	265.44	+0.053%	$2K	$8K	10x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0220%	1h	265.57	+0.104%	$417K	$359K	25x	as long as short
GRVT BCH_USDT_Perp	−0.0212%	8h	266.14	+0.317%	$388K	$17K	10x	as long as short
Kraken Futures PF_BCHUSD	−0.0159%	1h	265.72	+0.158%	$893K	$2.8M	50x	as long as short
Variational Omni BCH	−0.0132%	8h	266.11	+0.304%	$148K	$261K	—	as long as short
OKX BCH-USDT-SWAP	−0.0099%	8h	265.40	+0.038%	$25.1M	$78.1M	50x	as long as short
Bitget BCHUSDT	−0.0072%	8h	265.47	+0.064%	$19.0M	$27.6M	75x	as long as short
KuCoin BCHUSDTM	−0.0069%	8h	265.53	+0.087%	$8.5M	$6.2M	75x	as long as short
Binance BCHUSDT	−0.0058%	8h	265.46	+0.060%	$73.4M	$217.9M	75x	as long as short
MEXC BCH_USDT	−0.0057%	8h	266.00	+0.264%	$71.2M	$9.4M	200x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BCH-USD	−0.0056%	1h	265.32	+0.009%	$116K	$918K	25x	as long as short
Gate BCH_USDT	−0.0033%	8h	265.47	+0.064%	$8.3M	$13.1M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	265.64	+0.127%	$15K	—	150x	as long as short
Pacifica BCH	−0.0002%	1h	265.57	+0.102%	$154K	$299K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	265.79	+0.186%	$5K	$240	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	265.83	+0.200%	$1.0M	$9.5M	2.7x	as long as short
Aster BCHUSDT	+0.0004%	8h	265.41	+0.041%	$143K	$577K	75x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.847%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0043%	8h	265.46	+0.060%	$2K	—	10x	as long as short
BingX BCH-USDT	+0.0056%	8h	265.51	+0.079%	—	$15.2M	—	as long as short
BloFin BCH-USDTlong	+0.0062%	8h	265.30	long leg	$3.6M	$5.1M	50x
Bybit BCHUSDT	+0.0068%	8h	265.41	+0.041%	$39.4M	$32.4M	75x	as long as short
Nado BCH-PERP	+0.0076%	1h	265.39	+0.033%	$463K	$391K	10x	as long as short
Coinbase International BCH-PERP-INTX	+0.0088%	1h	265.72	+0.158%	$303K	$2.1M	50x	as long as short
Lighter BCH	+0.0096%	1h	265.57	+0.103%	$375K	$498K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.76	+0.173%	$5.8M	$4.8M	10x	as long as short
edgeX BCHUSDCshort	+0.0100%	4h	266.09	+0.298%	$19K	$346K	20x
ApeX Omni BCHUSDT	+0.0100%	1h	266.24	+0.354%	$96K	$242K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	265.32	+0.008%	$2K	$1.6M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	265.59	+0.109%	$774K	$1.4M	75x	as long as short
Phemex BCHUSDT	+0.0100%	8h	265.59	+0.109%	$4.9M	$6.5M	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0202% / S −0.0147%	1h	265.58	+0.105%	$12K	—	100x	as long as short