Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.007%

Price spread now: BingX against edgeX−0.335%7-day average +0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$87as in the Price arb table

costs, in and out, $10k−$510.512% of the position

Long on edgeX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.061%−$6 on $10k

Price spread, last 3 days (all we have)+0.257%+$26 · spread now −0.335%, 7d avg +0.023%

Together, before fees+0.197%+ Points / potential airdropedgeX: Active · farm board+$20 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 BingX is 0.358% cheaper against edgeX than usual: you would sell low and buy high (−$36 if the spread goes back to its 7-day average of +0.023%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX BCHUSDC	269.17	0.0100	pay 0.0050% / 4h	3h 05m	$19K	$291K	20x
Short	BingX BCH-USDC	268.27	−0.0004	pay 0.0004% / 8h	7h 05m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.335%Rate

Funding earned: −$21.84
Price spread: −0.335% → +0.023%: −$35.85
Slippage, 4 orders: −$32.16
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee BingX: 5 bp × 2 orders: −$10
Net: −$108.85
Costs to cover: 0.512%
Break-even: never at this rate

Slippage from edgeX: live order book, 2 min ago; BingX: live order book, 15 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, 2 min ago	7.43 bp	12.1 bp −$12	15.5 bp −$155	doesn't fit	doesn't fit
Sell BingX live order book, 15 min ago	1.49 bp	13.0 bp −$13	30.2 bp −$302	102.0 bp −$10.2K	416.1 bp −$208.1K

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
Deribit BCH_USDC-PERPETUAL	−0.0606%	1h	268.34	−0.310%	$454K	$266K	25x	as long as short
SoDEX BCH-USD	−0.0547%	1h	268.30	−0.324%	$2K	$6K	10x	as long as short
Phemex BCHUSDT	−0.0490%	8h	268.43	−0.276%	$4.9M	$6.5M	50x	as long as short
Gate BCH_USDT	−0.0189%	8h	268.27	−0.335%	$8.4M	$14.3M	75x	as long as short
GRVT BCH_USDT_Perp	−0.0187%	8h	269.71	+0.201%	$393K	$17K	10x	as long as short
ApeX Omni BCHUSDT	−0.0170%	1h	269.64	+0.174%	$73K	$214K	50x	as long as short
Variational Omni BCH	−0.0122%	8h	268.20	−0.361%	$82K	$285K	—	as long as short
Binance BCHUSDT	−0.0076%	8h	268.19	−0.364%	$72.6M	$230.0M	75x	as long as short
MEXC BCH_USDT	−0.0073%	8h	268.81	−0.135%	$70.5M	$6.7M	200x	as long as short
Extended BCH-USD	−0.0072%	1h	268.12	−0.389%	$117K	$961K	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BCH-PERP-INTX	−0.0056%	1h	268.33	−0.313%	$237K	$2.0M	50x	as long as short
Kraken Futures PF_BCHUSD	−0.0049%	1h	268.63	−0.203%	$867K	$3.1M	50x	as long as short
Bybit BCHUSDT	−0.0045%	8h	268.24	−0.346%	$39.7M	$32.6M	75x	as long as short
Bitget BCHUSDT	−0.0027%	8h	268.16	−0.376%	$19.5M	$29.5M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0010%	8h	268.10	−0.398%	$26.1M	$76.1M	50x	as long as short
BingX BCH-USDCshort	−0.0004%	8h	268.27	−0.335%	—	$6.5M	—
gTrade (Gains Network) BCH/USD	L −0.0003% / S +0.0007%	1h	268.44	−0.272%	$7K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	268.45	−0.269%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	268.74	−0.161%	$1.1M	$11.0M	2.7x	as long as short
Orderly PERP_BCH_USDC	+0.0030%	8h	268.20	−0.361%	$2K	$176	10x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+0.382%	$721	$130K	12x	as long as short
Nado BCH-PERP	+0.0043%	1h	268.25	−0.343%	$439K	$421K	10x	as long as short
BloFin BCH-USDT	+0.0047%	8h	269.22	+0.018%	$4.0M	$4.3M	50x	as long as short
Lighter BCH	+0.0096%	1h	268.30	−0.325%	$369K	$530K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	268.52	−0.242%	$6.6M	$4.6M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	268.15	−0.381%	$177K	$666K	75x	as long as short
Pacifica BCH	+0.0100%	1h	268.38	−0.294%	$163K	$407K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	268.34	−0.309%	$8.8M	$7.6M	75x	as long as short
edgeX BCHUSDClong	+0.0100%	4h	269.17	long leg	$19K	$291K	20x
SunX BCH-USDT	+0.0100%	8h	268.01	−0.432%	$2K	$1.9M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	268.00	−0.436%	$778K	$1.6M	75x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0334% / S −0.0451%	1h	268.41	−0.282%	$25K	—	100x	as long as short