BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0089%/8h= −9.8% APRnext payment −$0.11 per $10,000 · paid last 24h −0.032%

Price spread now: Kraken Futures against ApeX Omni−0.363%75s7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$76as 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−$540.539% of the position

Long on ApeX Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.221%−$22 on $10k

Price spread, last 4 days (all we have)+0.309%+$31 · spread now −0.363%, 7d avg +0.005%

Together, before fees+0.088%+$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kraken Futures is 0.368% cheaper against ApeX Omni than usual: you would sell low and buy high (−$37 if the spread goes back to its 7-day average of +0.005%). Swap the legs. The two prices were read 75 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	ApeX Omni BCHUSDT	266.41	0.0100	pay 0.0013% / 1h	25m 47s	$97K	$230K	50x
Short	Kraken Futures PF_BCHUSD	265.44	0.0011	get 0.0001% / 1h	25m 47s	$850K	$3.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against ApeX Omni. 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 ApeX OmnibpFee Kraken FuturesbpOrdersPrice spread, now −0.363%Rate

Funding earned: −$18.72
Price spread: −0.363% → +0.005%: −$36.82
Slippage, 4 orders: −$33.94
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$109.48
Costs to cover: 0.539%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 30 min ago; Kraken Futures: live order book, 3 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 ApeX Omni live order book, 30 min ago	4.53 bp	11.9 bp −$12	87.1 bp −$871	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 3 min ago	6.20 bp	14.2 bp −$14	26.4 bp −$264	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	−0.0548%	8h	265.11	−0.488%	$1K	$1.7M	30x	as long as short
Phemex BCHUSDT	−0.0300%	8h	265.19	−0.458%	$4.9M	$6.4M	50x	as long as short
HTX BCH-USDT	−0.0261%	8h	265.04	−0.514%	$773K	$1.4M	75x	as long as short
Nado BCH-PERP	−0.0258%	1h	265.06	−0.508%	$428K	$341K	10x	as long as short
SoDEX BCH-USD	−0.0218%	1h	265.20	−0.454%	$2K	$8K	10x	as long as short
Coinbase International BCH-PERP-INTX	−0.0104%	1h	265.29	−0.420%	$219K	$1.8M	50x	as long as short
OKX BCH-USDT-SWAP	−0.0099%	8h	264.90	−0.567%	$25.0M	$74.6M	50x	as long as short
KuCoin BCHUSDTM	−0.0090%	8h	265.48	−0.349%	$8.5M	$7.0M	75x	as long as short
Binance BCHUSDT	−0.0090%	8h	265.07	−0.501%	$72.1M	$214.2M	75x	as long as short
MEXC BCH_USDT	−0.0089%	8h	265.60	−0.304%	$70.3M	$7.8M	200x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BCH-USD	−0.0088%	1h	264.94	−0.551%	$115K	$950K	25x	as long as short
GRVT BCH_USDT_Perp	−0.0078%	8h	265.65	−0.284%	$387K	$17K	10x	as long as short
Variational Omni BCH	−0.0078%	8h	265.10	−0.491%	$81K	$201K	—	as long as short
Gate BCH_USDT	−0.0075%	8h	265.27	−0.428%	$8.4M	$13.6M	75x	as long as short
Bitget BCHUSDT	−0.0075%	8h	265.00	−0.529%	$19.0M	$28.1M	75x	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	265.34	−0.403%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	265.72	−0.257%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	265.86	−0.206%	$1.0M	$10.3M	2.7x	as long as short
Deribit BCH_USDC-PERPETUAL	0.0000%	1h	265.32	−0.407%	$444K	$331K	25x	as long as short
BingX BCH-USDT	+0.0008%	8h	265.23	−0.443%	—	$32.1M	—	as long as short
Bybit BCHUSDT	+0.0009%	8h	265.00	−0.529%	$39.1M	$31.0M	75x	as long as short
Kraken Futures PF_BCHUSDshort	+0.0011%	1h	265.44	−0.363%	$850K	$3.0M	50x
BloFin BCH-USDT	+0.0030%	8h	265.68	−0.274%	$3.9M	$4.3M	50x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.423%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0036%	8h	265.16	−0.469%	$2K	$176	10x	as long as short
Pacifica BCH	+0.0077%	1h	265.47	−0.354%	$160K	$307K	10x	as long as short
Lighter BCH	+0.0096%	1h	265.24	−0.439%	$359K	$488K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.30	−0.417%	$5.7M	$4.6M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	265.21	−0.450%	$167K	$516K	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	265.45	−0.359%	$19K	$290K	20x	as long as short
ApeX Omni BCHUSDTlong	+0.0100%	1h	266.41	long leg	$97K	$230K	50x
GMX BCH/USD [WBTC.b-USDC]	L +0.0350% / S −0.0506%	1h	265.20	−0.453%	$24K	—	100x	as long as short