Funding you earn now, next payment 04:00 UTC+0.0762%/8h= +83.4% APRpaid last 24h +0.034%
Price spread now: edgeX against Phemex+0.168%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$420.421% of the position
Funding, last 7 days+0.166%+$17 on $10k
+Price spread, last 3 days (all we have)−0.164%−$16 · spread now +0.168%, 7d avg −0.030%
=Together, before fees+0.002%+ Points / potential airdropedgeX: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and edgeX is 0.199% dearer against Phemex than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.030%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.166% in total (about 8.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex BCHUSDT | 268.60 | −0.0662 | get 0.0662% / 8h | 7h 29m | $4.9M | $6.5M | 50x |
| Short | edgeX BCHUSDC | 269.05 | 0.0100 | get 0.0050% / 4h | 3h 29m | $19K | $292K | 20x |
Phemex BCHUSDT
edgeX BCHUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Phemex. 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
- $159.95
- Price spread: +0.168% → −0.030%
- $19.89
- Slippage, 4 orders
- −$21.14
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $137.71
- Costs to cover
- 0.421%
- Break-even
- 1.0 days
Slippage from Phemex: live order book, 4 min ago; edgeX: live order book, 43 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 Phemex live order book, 4 min ago | 1.30 bp | 8.8 bp −$9 | 16.5 bp −$165 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 43 min ago | 7.51 bp | 12.1 bp −$12 | 15.3 bp −$153 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex BCHUSDTlong | −0.0662% | 8h | 268.60 | long leg | $4.9M | $6.5M | 50x | |
| Deribit BCH_USDC-PERPETUAL | −0.0616% | 1h | 268.72 | +0.043% | $454K | $266K | 25x | as long as short |
| SoDEX BCH-USD | −0.0533% | 1h | 268.65 | +0.019% | $2K | $6K | 10x | as long as short |
| GRVT BCH_USDT_Perp | −0.0157% | 8h | 269.17 | +0.212% | $392K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0139% | 8h | 268.91 | +0.115% | $8.5M | $14.2M | 75x | as long as short |
| Variational Omni BCH | −0.0127% | 8h | 269.01 | +0.152% | $82K | $285K | — | as long as short |
| HTX BCH-USDT | −0.0122% | 8h | 268.88 | +0.104% | $781K | $1.6M | 75x | as long as short |
| ApeX Omni BCHUSDT | −0.0107% | 1h | 269.29 | +0.257% | $73K | $214K | 50x | as long as short |
| Bybit BCHUSDT | −0.0066% | 8h | 268.92 | +0.119% | $39.8M | $32.5M | 75x | as long as short |
| Binance BCHUSDT | −0.0058% | 8h | 268.85 | +0.093% | $72.9M | $229.7M | 75x | as long as short |
Deribit BCH_USDC-PERPETUAL
SoDEX BCH-USD
GRVT BCH_USDT_Perp
Gate BCH_USDT
Variational Omni BCH
HTX BCH-USDT
ApeX Omni BCHUSDT
Bybit BCHUSDT
Binance BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0056% | 1h | 268.70 | +0.039% | $117K | $1.1M | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 268.58 | −0.007% | $227K | $2.0M | 50x | as long as short |
| MEXC BCH_USDT | −0.0055% | 8h | 269.31 | +0.264% | $70.5M | $6.6M | 200x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 268.84 | +0.089% | $857K | $3.1M | 50x | as long as short |
| Bitget BCHUSDT | −0.0014% | 8h | 268.72 | +0.045% | $19.3M | $29.2M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 269.11 | +0.190% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 269.22 | +0.231% | $1.1M | $10.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 269.09 | +0.182% | $4K | — | 150x | as long as short |
| Nado BCH-PERP | +0.0013% | 1h | 268.68 | +0.030% | $440K | $421K | 10x | as long as short |
| OKX BCH-USDT-SWAP | +0.0018% | 8h | 269.00 | +0.149% | $26.1M | $76.6M | 50x | as long as short |
| BingX BCH-USDC | +0.0024% | 8h | 268.84 | +0.089% | — | $6.5M | — | as long as short |
| Orderly PERP_BCH_USDC | +0.0030% | 8h | 268.95 | +0.130% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.596% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0064% | 8h | 268.85 | +0.093% | $3.9M | $4.3M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 268.82 | +0.083% | $370K | $530K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.22 | +0.231% | $6.0M | $4.4M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 268.80 | +0.073% | $177K | $666K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 268.90 | +0.110% | $163K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 268.82 | +0.082% | $9.0M | $7.6M | 75x | as long as short |
| edgeX BCHUSDCshort | +0.0100% | 4h | 269.05 | +0.168% | $19K | $292K | 20x | |
| SunX BCH-USDT | +0.0100% | 8h | 268.46 | −0.052% | $2K | $1.9M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0334% / S −0.0451% | 1h | 269.09 | +0.184% | $25K | — | 100x | as long as short |
Extended BCH-USD
Coinbase International BCH-PERP-INTX
MEXC BCH_USDT
Kraken Futures PF_BCHUSD
Bitget BCHUSDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Nado BCH-PERP
OKX BCH-USDT-SWAP
BingX BCH-USDC
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]