Funding you earn now, next payment 12:00 UTC−0.0231%/8h= −25.3% APRpaid last 24h −0.028%
Price spread now: OKX against edgeX+0.096%71s7-day average −0.005% · 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−$420.421% of the position
Funding, last 7 days−0.103%−$10 on $10k
+Price spread, last 4 days (all we have)−0.201%−$20 · spread now +0.096%, 7d avg −0.005%
=Together, before fees−0.303%+ Points / potential airdropedgeX: Active · farm board−$30 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.101% dearer against edgeX than usual: you sell high and buy low (spread +0.096% now, against its 7-day average of −0.005%): +$10 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 7 days (−0.103% in total) that is about 6.9 days. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.103% in total (about -5.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX BCHUSDC | 269.74 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $19K | $345K | 20x |
| Short | OKX BCH-USDT-SWAP | 270.00 | −0.0131 | pay 0.0131% / 8h | 5h 08m | $26.1M | $74.7M | 50x |
edgeX BCHUSDC
OKX BCH-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$48.52
- Price spread: +0.096% → −0.005%
- $10.15
- Slippage, 4 orders
- −$23.07
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$80.45
- Costs to cover
- 0.421%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 38 min ago; OKX: 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 | 7.41 bp | 12.0 bp −$12 | 14.6 bp −$146 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.85 bp | 8.9 bp −$9 | 15.9 bp −$159 | 86.1 bp −$8,608 | doesn't fit |
BCH on 32 exchanges
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 | −0.0385% | 1h | 269.49 | −0.093% | $2K | $8K | 10x | as long as short |
| Phemex BCHUSDT | −0.0220% | 8h | 269.94 | +0.074% | $5.0M | $6.3M | 50x | as long as short |
| OKX BCH-USDT-SWAPshort | −0.0131% | 8h | 270.00 | +0.096% | $26.1M | $74.7M | 50x | |
| Variational Omni BCH | −0.0110% | 8h | 269.68 | −0.021% | $163K | $241K | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0091% | 8h | 269.94 | +0.075% | $394K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0090% | 8h | 269.98 | +0.089% | $8.1M | $13.3M | 75x | as long as short |
| Extended BCH-USD | −0.0088% | 1h | 269.84 | +0.037% | $121K | $924K | 25x | as long as short |
| Binance BCHUSDT | −0.0087% | 8h | 269.99 | +0.093% | $75.8M | $200.4M | 75x | as long as short |
| MEXC BCH_USDT | −0.0086% | 8h | 270.56 | +0.304% | $74.0M | $10.1M | 200x | as long as short |
| ApeX Omni BCHUSDT | −0.0015% | 1h | 269.97 | +0.085% | $49K | $274K | 50x | as long as short |
SoDEX BCH-USD
Phemex BCHUSDT
Variational Omni BCH
GRVT BCH_USDT_Perp
Gate BCH_USDT
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
ApeX Omni BCHUSDTShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BCHUSDT | −0.0012% | 8h | 269.95 | +0.078% | $19.3M | $26.0M | 75x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0010% | 1h | 269.63 | −0.042% | $425K | $358K | 25x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0003% / S +0.0007% | 1h | 269.71 | −0.012% | $18K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 270.12 | +0.142% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 270.25 | +0.189% | $1.0M | $8.7M | 2.7x | as long as short |
| BingX BCH-USDC | +0.0002% | 8h | 269.95 | +0.078% | — | $6.5M | — | as long as short |
| KuCoin BCHUSDTM | +0.0004% | 8h | 270.03 | +0.107% | $8.8M | $5.5M | 75x | as long as short |
| Bybit BCHUSDT | +0.0007% | 8h | 269.91 | +0.063% | $40.6M | $31.6M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0024% | 1h | 269.69 | −0.017% | $902K | $2.4M | 50x | as long as short |
| Aster BCHUSDT | +0.0032% | 8h | 269.95 | +0.079% | $152K | $511K | 75x | as long as short |
| Pacifica BCH | +0.0033% | 1h | 270.06 | +0.117% | $152K | $274K | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.170% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0035% | 8h | 269.46 | −0.104% | $3.7M | $5.6M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0041% | 8h | 269.94 | +0.074% | $2K | $540 | 10x | as long as short |
| Nado BCH-PERP | +0.0074% | 1h | 269.93 | +0.071% | $454K | $384K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 270.14 | +0.150% | $396K | $451K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 270.33 | +0.219% | $9.2M | $6.7M | 10x | as long as short |
| edgeX BCHUSDClong | +0.0100% | 4h | 269.74 | long leg | $19K | $345K | 20x | |
| SunX BCH-USDT | +0.0100% | 8h | 269.34 | −0.148% | $1K | $1.3M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 269.74 | 0.000% | $792K | $1.2M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0200% | 1h | 270.53 | +0.293% | $364K | $2.3M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0246% / S −0.0244% | 1h | 269.92 | +0.067% | $17K | — | 100x | as long as short |
Bitget BCHUSDT
Deribit BCH_USDC-PERPETUAL
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
BingX BCH-USDC
KuCoin BCHUSDTM
Bybit BCHUSDT
Kraken Futures PF_BCHUSD
Aster BCHUSDT
Pacifica BCH
Injective BCH/USDC PERP
BloFin BCH-USDT
Orderly PERP_BCH_USDC
Nado BCH-PERP
Lighter BCH
Hyperliquid BCH
SunX BCH-USDT
HTX BCH-USDT
Coinbase International BCH-PERP-INTX
GMX BCH/USD [WBTC.b-USDC]