Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0079%/8h= +8.7% APRpaid last 24h +0.001%

Price spread now: edgeX against Pacifica−0.101%112s7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as 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−$440.440% of the position

Long on Pacifica Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.146%+$15 on $10k

Price spread, last 4 days (all we have)+0.285%+$28 · spread now −0.101%, 7d avg −0.030%

Together, before fees+0.431%+ Points / potential airdropPacifica: Active · edgeX: Active · farm board+$43 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.071% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.101% now, against its 7-day average of −0.030%). If the spread goes back, that is −$7 on $10k: about 3.0 days of funding at the current rate (+$2 a day). The two prices were read 112 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	Pacifica BCH	265.59	0.0021	pay 0.0003% / 1h	35m 43s	$161K	$322K	10x
Short	edgeX BCHUSDC	265.32	0.0100	get 0.0050% / 4h	1h 35m	$19K	$291K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Pacifica. 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 PacificabpFee edgeXbpOrdersPrice spread, now −0.101%Rate

Funding earned: $16.67
Price spread: −0.101% → −0.030%: −$7.09
Slippage, 4 orders: −$27
Fee Pacifica: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$34.42
Costs to cover: 0.440%
Break-even: 21.5 days

Slippage from Pacifica: live order book, 28 min ago; edgeX: live order book, 27 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 Pacifica live order book, 28 min ago	3.96 bp	11.1 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 27 min ago	7.35 bp	11.9 bp −$12	14.5 bp −$145	doesn't fit	doesn't fit

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	−0.1742%	8h	265.35	−0.090%	$1K	$1.7M	30x	as long as short
HTX BCH-USDT	−0.0539%	8h	265.09	−0.188%	$770K	$1.5M	75x	as long as short
Phemex BCHUSDT	−0.0459%	8h	265.63	+0.015%	$4.9M	$6.6M	50x	as long as short
SoDEX BCH-USD	−0.0355%	1h	265.75	+0.060%	$2K	$8K	10x	as long as short
GRVT BCH_USDT_Perp	−0.0175%	8h	265.18	−0.153%	$387K	$17K	10x	as long as short
Coinbase International BCH-PERP-INTX	−0.0128%	1h	265.51	−0.030%	$226K	$1.8M	50x	as long as short
Nado BCH-PERP	−0.0123%	1h	265.35	−0.090%	$419K	$339K	10x	as long as short
MEXC BCH_USDT	−0.0114%	8h	265.91	+0.120%	$70.2M	$6.9M	200x	as long as short
Binance BCHUSDT	−0.0114%	8h	265.66	+0.026%	$72.4M	$214.6M	75x	as long as short
Extended BCH-USD	−0.0112%	1h	265.58	−0.005%	$116K	$956K	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BCH	−0.0109%	8h	265.60	+0.003%	$81K	$201K	—	as long as short
Gate BCH_USDT	−0.0107%	8h	265.63	+0.015%	$8.3M	$13.3M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0074%	8h	265.60	+0.004%	$25.2M	$74.1M	50x	as long as short
Bybit BCHUSDT	−0.0068%	8h	265.60	+0.004%	$39.2M	$31.1M	75x	as long as short
ApeX Omni BCHUSDT	−0.0067%	1h	265.32	−0.102%	$97K	$226K	50x	as long as short
KuCoin BCHUSDTM	−0.0060%	8h	265.66	+0.026%	$8.6M	$7.2M	75x	as long as short
Bitget BCHUSDT	−0.0058%	8h	265.68	+0.034%	$19.2M	$28.4M	75x	as long as short
Kraken Futures PF_BCHUSD	−0.0031%	1h	265.96	+0.139%	$852K	$3.0M	50x	as long as short
BingX BCH-USDC	−0.0031%	8h	265.72	+0.049%	—	$6.5M	—	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	265.83	+0.090%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	265.69	+0.037%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	265.97	+0.143%	$1.1M	$10.3M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	265.88	+0.107%	$446K	$311K	25x	as long as short
BloFin BCH-USDT	+0.0005%	8h	265.38	−0.079%	$3.9M	$4.2M	50x	as long as short
Pacifica BCHlong	+0.0021%	1h	265.59	long leg	$161K	$322K	10x
Orderly PERP_BCH_USDC	+0.0032%	8h	265.72	+0.049%	$2K	$176	10x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.736%	$721	$130K	12x	as long as short
Lighter BCH	+0.0096%	1h	265.49	−0.037%	$365K	$477K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.68	+0.034%	$5.7M	$4.7M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	265.69	+0.039%	$168K	$519K	75x	as long as short
edgeX BCHUSDCshort	+0.0100%	4h	265.32	−0.101%	$19K	$291K	20x
GMX BCH/USD [WBTC.b-USDC]	L +0.0333% / S −0.0451%	1h	265.83	+0.091%	$25K	—	100x	as long as short