Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0212%/8h= +23.2% APRpaid last 24h +0.018%

Price spread now: edgeX against Extended+0.089%7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$390.386% of the position

Long on Extended Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.180%+$18 on $10k

Price spread, last 4 days (all we have)+0.370%+$37 · spread now +0.089%, 7d avg +0.040%

Together, before fees+0.549%+ Points / potential airdropExtended: Active · edgeX: Active · farm board+$55 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and edgeX is 0.049% dearer against Extended than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended BCH-USD	264.89	−0.0112	get 0.0014% / 1h	1m 32s	$112K	$953K	25x
Short	edgeX BCHUSDC	265.13	0.0100	get 0.0050% / 4h	2h 01m	$19K	$292K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Extended. 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 ExtendedbpFee edgeXbpOrdersPrice spread, now +0.089%Rate

Funding earned: $44.52
Price spread: +0.089% → +0.040%: $4.95
Slippage, 4 orders: −$24.62
Fee Extended: 2.5 bp × 2 orders: −$5
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $10.85
Costs to cover: 0.386%
Break-even: 5.3 days

Slippage from Extended: live order book, 2 min ago; edgeX: live order book, 1 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 Extended live order book, 2 min ago	1.13 bp	7.3 bp −$7	73.7 bp −$737	doesn't fit	doesn't fit
Sell edgeX live order book, 1 min ago	7.35 bp	11.9 bp −$12	14.5 bp −$145	doesn't fit	doesn't fit

BCH on 31 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	−0.1570%	8h	265.19	+0.113%	$2K	$1.7M	30x	as long as short
SoDEX BCH-USD	−0.0513%	1h	265.17	+0.105%	$2K	$8K	10x	as long as short
HTX BCH-USDT	−0.0470%	8h	265.01	+0.045%	$776K	$1.5M	75x	as long as short
Phemex BCHUSDT	−0.0452%	8h	265.40	+0.192%	$4.9M	$6.6M	50x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0398%	1h	265.32	+0.162%	$448K	$254K	25x	as long as short
Kraken Futures PF_BCHUSD	−0.0299%	1h	265.45	+0.212%	$851K	$3.0M	50x	as long as short
GRVT BCH_USDT_Perp	−0.0194%	8h	265.15	+0.099%	$387K	$17K	10x	as long as short
ApeX Omni BCHUSDT	−0.0137%	1h	264.82	−0.027%	$96K	$226K	50x	as long as short
Gate BCH_USDT	−0.0117%	8h	265.12	+0.086%	$8.4M	$13.6M	75x	as long as short
Variational Omni BCH	−0.0114%	8h	264.50	−0.146%	$81K	$201K	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BCH-USDlong	−0.0112%	1h	264.89	long leg	$112K	$953K	25x
Coinbase International BCH-PERP-INTX	−0.0112%	1h	265.20	+0.116%	$231K	$1.8M	50x	as long as short
Binance BCHUSDT	−0.0110%	8h	264.98	+0.033%	$71.7M	$216.8M	75x	as long as short
MEXC BCH_USDT	−0.0110%	8h	265.34	+0.169%	$70.0M	$7.1M	200x	as long as short
Nado BCH-PERP	−0.0087%	1h	265.25	+0.135%	$419K	$346K	10x	as long as short
OKX BCH-USDT-SWAP	−0.0062%	8h	264.90	+0.003%	$25.3M	$74.3M	50x	as long as short
Bybit BCHUSDT	−0.0055%	8h	264.98	+0.033%	$39.1M	$31.5M	75x	as long as short
Bitget BCHUSDT	−0.0050%	8h	265.07	+0.067%	$19.0M	$28.4M	75x	as long as short
BingX BCH-USDC	−0.0038%	8h	265.01	+0.045%	—	$6.5M	—	as long as short
KuCoin BCHUSDTM	−0.0011%	8h	265.21	+0.120%	$8.6M	$7.3M	75x	as long as short
dYdX BCH-USD	0.0000%	1h	265.40	+0.191%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	265.74	+0.320%	$1.1M	$10.2M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	265.54	+0.244%	$4K	—	150x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+2.004%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0035%	8h	265.27	+0.143%	$2K	$176	10x	as long as short
Pacifica BCH	+0.0040%	1h	265.06	+0.063%	$161K	$379K	10x	as long as short
Lighter BCH	+0.0096%	1h	265.07	+0.068%	$365K	$478K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.30	+0.154%	$5.7M	$4.7M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	265.16	+0.103%	$168K	$697K	75x	as long as short
edgeX BCHUSDCshort	+0.0100%	4h	265.13	+0.089%	$19K	$292K	20x
GMX BCH/USD [WBTC.b-USDC]	L +0.0333% / S −0.0451%	1h	265.56	+0.252%	$25K	—	100x	as long as short