Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0185%/8h= −20.3% APRpaid last 24h −0.015%

Price spread now: MEXC against edgeX+0.361%83s7-day average +0.204% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$350.351% of the position

Long on edgeX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.165%−$16 on $10k

Price spread, last 4 days (all we have)−0.361%−$36 · spread now +0.361%, 7d avg +0.204%

Together, before fees−0.525%+ Points / potential airdropedgeX: Active · farm board−$53 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.156% dearer against edgeX than usual: you sell high and buy low (spread +0.361% now, against its 7-day average of +0.204%): +$16 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.8 days. At the pace of the last 7 days (−0.165% in total) that is about 6.6 days. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX BCHUSDC	264.63	0.0100	pay 0.0050% / 4h	20m 10s	$19K	$289K	20x
Short	MEXC BCH_USDT	265.58	−0.0085	pay 0.0085% / 8h	4h 20m	$70.4M	$7.9M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against edgeX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 MEXCbpOrdersPrice spread, now +0.361%Rate

Funding earned: −$38.85
Price spread: +0.361% → +0.204%: $15.63
Slippage, 4 orders: −$22.1
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$58.32
Costs to cover: 0.351%
Break-even: never at this rate

Slippage from edgeX: live order book, 38 min ago; MEXC: 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 edgeX live order book, 38 min ago	7.39 bp	12.0 bp −$12	14.7 bp −$147	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	2.83 bp	5.6 bp −$6	12.7 bp −$127	46.8 bp −$4,680	98.7 bp −$49.3K

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
SunX BCH-USDT	−0.0492%	8h	264.89	+0.100%	$1K	$1.7M	30x	as long as short
Phemex BCHUSDT	−0.0288%	8h	265.15	+0.198%	$4.9M	$6.4M	50x	as long as short
Nado BCH-PERP	−0.0253%	1h	265.06	+0.165%	$432K	$342K	10x	as long as short
HTX BCH-USDT	−0.0251%	8h	265.23	+0.228%	$773K	$1.4M	75x	as long as short
SoDEX BCH-USD	−0.0174%	1h	265.15	+0.198%	$2K	$8K	10x	as long as short
Coinbase International BCH-PERP-INTX	−0.0104%	1h	264.84	+0.081%	$218K	$1.8M	50x	as long as short
OKX BCH-USDT-SWAP	−0.0096%	8h	265.00	+0.142%	$25.0M	$74.7M	50x	as long as short
KuCoin BCHUSDTM	−0.0089%	8h	265.25	+0.236%	$8.5M	$7.0M	75x	as long as short
MEXC BCH_USDTshort	−0.0085%	8h	265.58	+0.361%	$70.4M	$7.9M	200x
Binance BCHUSDT	−0.0083%	8h	265.18	+0.209%	$72.1M	$214.2M	75x	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	−0.0080%	1h	265.07	+0.167%	$112K	$956K	25x	as long as short
Variational Omni BCH	−0.0073%	8h	264.90	+0.104%	$81K	$199K	—	as long as short
Gate BCH_USDT	−0.0071%	8h	265.26	+0.240%	$8.4M	$13.6M	75x	as long as short
Bitget BCHUSDT	−0.0071%	8h	265.21	+0.221%	$19.0M	$28.1M	75x	as long as short
GRVT BCH_USDT_Perp	−0.0069%	8h	264.63	+0.003%	$386K	$17K	10x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	265.33	+0.267%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	265.45	+0.311%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	265.38	+0.285%	$1.0M	$10.3M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	265.34	+0.270%	$444K	$331K	25x	as long as short
BingX BCH-USDT	+0.0007%	8h	265.22	+0.225%	—	$32.1M	—	as long as short
Kraken Futures PF_BCHUSD	+0.0011%	1h	265.40	+0.294%	$850K	$3.0M	50x	as long as short
Bybit BCHUSDT	+0.0015%	8h	265.14	+0.194%	$39.1M	$31.0M	75x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.107%	$721	$130K	12x	as long as short
BloFin BCH-USDT	+0.0035%	8h	265.12	+0.187%	$3.9M	$4.3M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0037%	8h	265.21	+0.221%	$2K	$176	10x	as long as short
Pacifica BCH	+0.0077%	1h	265.30	+0.257%	$160K	$307K	10x	as long as short
Lighter BCH	+0.0096%	1h	265.20	+0.219%	$359K	$488K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.30	+0.255%	$5.7M	$4.6M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	265.11	+0.183%	$167K	$516K	75x	as long as short
edgeX BCHUSDClong	+0.0100%	4h	264.63	long leg	$19K	$289K	20x
ApeX Omni BCHUSDT	+0.0100%	1h	265.32	+0.262%	$97K	$230K	50x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0350% / S −0.0506%	1h	265.32	+0.264%	$24K	—	100x	as long as short