Funding you earn now, next payment 00:00 UTC−0.0124%/8h= −13.6% APRnext payment −$0.15 per $10,000 · paid last 24h −0.012%
Price spread now: Kraken Futures against dYdX−0.047%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Kraken Futures is 0.047% cheaper against dYdX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX BCH-USD | 271.35 | 0 | get 0.0000% / 1h | 51m 42s | $5K | $248 | 10x |
| Short | Kraken Futures PF_BCHUSD | 271.22 | −0.0124 | pay 0.0015% / 1h | 51m 42s | $821K | $3.2M | 50x |
dYdX BCH-USD
Kraken Futures PF_BCHUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against dYdX. 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
- −$25.99
- Price spread: −0.047% → 0.000%
- −$4.71
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$50.7
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 2 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 2 min ago | 5.89 bp | 13.1 bp −$13 | 27.1 bp −$271 | doesn't fit | doesn't fit |
dYdX: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0362% | 1h | 271.04 | −0.116% | $458K | $266K | 25x | as long as short |
| Phemex BCHUSDT | −0.0192% | 8h | 270.90 | −0.166% | $4.9M | $6.5M | 50x | as long as short |
| Variational Omni BCH | −0.0132% | 8h | 270.91 | −0.161% | $83K | $294K | — | as long as short |
| Kraken Futures PF_BCHUSDshort | −0.0124% | 1h | 271.22 | −0.047% | $821K | $3.2M | 50x | |
| Bybit BCHUSDT | −0.0079% | 8h | 270.92 | −0.159% | $39.6M | $33.2M | 75x | as long as short |
| Injective BCH/USDC PERP | −0.0054% | 1h | 270.20 | −0.424% | $721 | $130K | 12x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0032% | 1h | 271.38 | +0.011% | $241K | $2.1M | 50x | as long as short |
| MEXC BCH_USDT | −0.0028% | 8h | 271.48 | +0.047% | $71.1M | $6.6M | 200x | as long as short |
| Binance BCHUSDT | −0.0026% | 8h | 271.01 | −0.126% | $75.5M | $235.0M | 75x | as long as short |
| Extended BCH-USD | −0.0024% | 1h | 270.78 | −0.212% | $117K | $653K | 25x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
Variational Omni BCH
Bybit BCHUSDT
Injective BCH/USDC PERP
Coinbase International BCH-PERP-INTX
MEXC BCH_USDT
Binance BCHUSDT
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX BCH-USD | −0.0004% | 1h | 270.98 | −0.137% | $2K | $6K | 10x | as long as short |
| dYdX BCH-USDlong | 0.0000% | 1h | 271.35 | long leg | $5K | $248 | 10x | |
| Kalshi KXBCHPERP | 0.0000% | 8h | 271.42 | +0.025% | $1.3M | $11.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 271.05 | −0.111% | $5K | — | 150x | as long as short |
| Gate BCH_USDT | +0.0007% | 8h | 270.93 | −0.155% | $8.4M | $14.4M | 75x | as long as short |
| Orderly PERP_BCH_USDC | +0.0025% | 8h | 270.96 | −0.144% | $2K | $176 | 10x | as long as short |
| GRVT BCH_USDT_Perp | +0.0028% | 8h | 271.22 | −0.047% | $395K | $17K | 10x | as long as short |
| Bitget BCHUSDT | +0.0036% | 8h | 270.98 | −0.137% | $19.6M | $29.6M | 75x | as long as short |
| BingX BCH-USDT | +0.0055% | 8h | 271.11 | −0.089% | — | $30.6M | — | as long as short |
| OKX BCH-USDT-SWAP | +0.0058% | 8h | 270.90 | −0.166% | $26.6M | $79.3M | 50x | as long as short |
| BloFin BCH-USDT | +0.0092% | 8h | 271.45 | +0.036% | $4.0M | $4.3M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 271.12 | −0.086% | $375K | $554K | 10x | as long as short |
| Nado BCH-PERP | +0.0100% | 1h | 270.98 | −0.136% | $442K | $430K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 271.42 | +0.025% | $6.1M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 271.09 | −0.094% | $217K | $705K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 271.17 | −0.066% | $165K | $467K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 271.01 | −0.126% | $9.3M | $7.9M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 271.20 | −0.055% | $19K | $290K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 270.90 | −0.166% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 270.88 | −0.174% | $1K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 270.84 | −0.188% | $779K | $1.7M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0335% / S −0.0340% | 1h | 271.13 | −0.082% | $27K | — | 100x | as long as short |
SoDEX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Gate BCH_USDT
Orderly PERP_BCH_USDC
GRVT BCH_USDT_Perp
Bitget BCHUSDT
BingX BCH-USDT
OKX BCH-USDT-SWAP
BloFin BCH-USDT
Lighter BCH
Nado BCH-PERP
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]