Funding arb · Price arb /

BCH

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.032%

Price spread now: edgeX against Injective−1.678%7-day average −0.123% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 3 days (all we have)+2.906%+$291 · spread now −1.678%, 7d avg −0.123%

Together, before fees+2.887%+ Points / potential airdropedgeX: Active · farm board+$289 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 1.555% cheaper against Injective than usual: you would sell low and buy high (spread −1.678% now, against its 7-day average of −0.123%). If the spread goes back, that is −$156 on $10k: about 3 months of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective BCH/USDC PERP	270.20	0.0033	pay 0.0004% / 1h	21m 08s	$721	$130K	12x
Short	edgeX BCHUSDC	265.67	0.0100	get 0.0050% / 4h	2h 21m	$19K	$291K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Injective. 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 InjectivebpFee edgeXbpOrdersPrice spread, now −1.678%Rate

Funding earned: $14
Price spread: −1.678% → −0.123%: −$155.55
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$150.57
Costs to cover: 0.090%
Break-even: 82.3 days

Slippage unknown: Injective: no order-book sample; edgeX: live order book, 47 min ago. Net counts fees only.

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 Injective no order-book sample	—	—	—	—	—
Sell edgeX live order book, 47 min ago	7.43 bp	12.0 bp −$12	15.0 bp −$150	doesn't fit	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0942%	8h	265.56	−1.717%	$2K	$1.8M	30x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0608%	1h	265.49	−1.744%	$449K	$255K	25x	as long as short
SoDEX BCH-USD	−0.0541%	1h	265.35	−1.795%	$2K	$6K	10x	as long as short
Phemex BCHUSDT	−0.0462%	8h	265.39	−1.780%	$4.9M	$6.6M	50x	as long as short
HTX BCH-USDT	−0.0341%	8h	265.61	−1.699%	$778K	$1.6M	75x	as long as short
Kraken Futures PF_BCHUSD	−0.0299%	1h	265.62	−1.694%	$852K	$3.1M	50x	as long as short
ApeX Omni BCHUSDT	−0.0196%	1h	265.78	−1.636%	$97K	$227K	50x	as long as short
GRVT BCH_USDT_Perp	−0.0190%	8h	265.70	−1.665%	$387K	$17K	10x	as long as short
Gate BCH_USDT	−0.0121%	8h	265.70	−1.665%	$8.4M	$13.5M	75x	as long as short
Variational Omni BCH	−0.0117%	8h	266.11	−1.515%	$82K	$253K	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BCH-PERP-INTX	−0.0112%	1h	265.88	−1.599%	$232K	$2.0M	50x	as long as short
Extended BCH-USD	−0.0104%	1h	265.28	−1.821%	$112K	$964K	25x	as long as short
Binance BCHUSDT	−0.0101%	8h	265.33	−1.802%	$71.8M	$229.2M	75x	as long as short
MEXC BCH_USDT	−0.0099%	8h	265.76	−1.643%	$70.1M	$7.0M	200x	as long as short
Bybit BCHUSDT	−0.0067%	8h	265.36	−1.791%	$39.2M	$33.0M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0051%	8h	265.30	−1.813%	$25.3M	$78.1M	50x	as long as short
Bitget BCHUSDT	−0.0043%	8h	265.31	−1.810%	$19.0M	$29.2M	75x	as long as short
Nado BCH-PERP	−0.0040%	1h	265.55	−1.721%	$420K	$380K	10x	as long as short
BingX BCH-USDT	−0.0033%	8h	265.50	−1.739%	—	$32.3M	—	as long as short
dYdX BCH-USD	0.0000%	1h	265.94	−1.576%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	266.11	−1.514%	$1.1M	$10.7M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	265.72	−1.658%	$4K	—	150x	as long as short
KuCoin BCHUSDTM	+0.0024%	8h	265.55	−1.721%	$8.6M	$7.5M	75x	as long as short
Injective BCH/USDC PERPlong	+0.0033%	1h	270.20	long leg	$721	$130K	12x
Orderly PERP_BCH_USDC	+0.0034%	8h	265.38	−1.784%	$2K	$176	10x	as long as short
Pacifica BCH	+0.0040%	1h	265.68	−1.673%	$162K	$404K	10x	as long as short
Lighter BCH	+0.0096%	1h	265.43	−1.766%	$365K	$478K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.85	−1.610%	$5.8M	$5.0M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	265.64	−1.689%	$168K	$697K	75x	as long as short
edgeX BCHUSDCshort	+0.0100%	4h	265.67	−1.678%	$19K	$291K	20x
GMX BCH/USD [WBTC.b-USDC]	L +0.0333% / S −0.0451%	1h	265.68	−1.673%	$25K	—	100x	as long as short