BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0081%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h −0.024%

Price spread now: Kraken Futures against Extended+0.040%7-day average +0.106% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$480.484% of the position

Long on Extended Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.068%−$7 on $10k

Price spread, last 4 days (all we have)−0.172%−$17 · spread now +0.040%, 7d avg +0.106%

Together, before fees−0.240%+ Points / potential airdropExtended: Active · farm board−$24 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.065% cheaper against Extended than usual: you would sell low and buy high (spread +0.040% now, against its 7-day average of +0.106%). If the spread goes back, that is −$7 on $10k: about 2.7 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended BCH-USD	265.17	−0.0112	get 0.0014% / 1h	40m 34s	$112K	$953K	25x
Short	Kraken Futures PF_BCHUSD	265.28	−0.0031	pay 0.0004% / 1h	40m 34s	$850K	$3.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Extended. 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 ExtendedbpFee Kraken FuturesbpOrdersPrice spread, now +0.040%Rate

Funding earned: $16.97
Price spread: +0.040% → +0.106%: −$6.52
Slippage, 4 orders: −$33.37
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$37.92
Costs to cover: 0.484%
Break-even: 22.6 days

Slippage from Extended: live order book, 23 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 Extended live order book, 23 min ago	1.13 bp	7.3 bp −$7	73.7 bp −$737	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 3 min ago	6.01 bp	20.6 bp −$21	32.4 bp −$324	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	−0.1802%	8h	265.10	−0.028%	$2K	$1.7M	30x	as long as short
HTX BCH-USDT	−0.0534%	8h	264.94	−0.088%	$767K	$1.5M	75x	as long as short
Phemex BCHUSDT	−0.0445%	8h	265.05	−0.047%	$4.9M	$6.6M	50x	as long as short
SoDEX BCH-USD	−0.0372%	1h	265.05	−0.047%	$2K	$8K	10x	as long as short
GRVT BCH_USDT_Perp	−0.0174%	8h	265.82	+0.243%	$388K	$17K	10x	as long as short
Coinbase International BCH-PERP-INTX	−0.0128%	1h	265.77	+0.225%	$226K	$1.8M	50x	as long as short
Deribit BCH_USDC-PERPETUAL	−0.0123%	1h	265.15	−0.008%	$446K	$292K	25x	as long as short
Nado BCH-PERP	−0.0123%	1h	265.25	+0.028%	$419K	$339K	10x	as long as short
Binance BCHUSDT	−0.0114%	8h	265.46	+0.108%	$72.3M	$215.2M	75x	as long as short
MEXC BCH_USDT	−0.0113%	8h	265.66	+0.183%	$70.1M	$6.7M	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-USDlong	−0.0112%	1h	265.17	long leg	$112K	$953K	25x
Variational Omni BCH	−0.0105%	8h	265.20	+0.009%	$81K	$201K	—	as long as short
Gate BCH_USDT	−0.0101%	8h	265.38	+0.078%	$8.3M	$13.3M	75x	as long as short
OKX BCH-USDT-SWAP	−0.0075%	8h	265.30	+0.047%	$25.2M	$74.2M	50x	as long as short
Bitget BCHUSDT	−0.0055%	8h	265.39	+0.081%	$19.1M	$28.4M	75x	as long as short
Bybit BCHUSDT	−0.0048%	8h	265.35	+0.066%	$39.2M	$31.2M	75x	as long as short
KuCoin BCHUSDTM	−0.0046%	8h	265.13	−0.017%	$8.6M	$7.2M	75x	as long as short
Kraken Futures PF_BCHUSDshort	−0.0031%	1h	265.28	+0.040%	$850K	$3.0M	50x
BingX BCH-USDC	−0.0025%	8h	265.31	+0.051%	—	$6.5M	—	as long as short
gTrade (Gains Network) BCH/USD	L −0.0004% / S +0.0007%	1h	265.42	+0.093%	$15K	—	150x	as long as short
dYdX BCH-USD	0.0000%	1h	265.33	+0.059%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	266.07	+0.338%	$1.1M	$10.3M	2.7x	as long as short
BloFin BCH-USDT	+0.0007%	8h	265.20	+0.010%	$3.9M	$4.2M	50x	as long as short
Pacifica BCH	+0.0021%	1h	265.29	+0.044%	$161K	$314K	10x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.895%	$721	$130K	12x	as long as short
Orderly PERP_BCH_USDC	+0.0033%	8h	265.18	+0.002%	$2K	$176	10x	as long as short
Lighter BCH	+0.0096%	1h	265.20	+0.011%	$365K	$477K	10x	as long as short
ApeX Omni BCHUSDT	+0.0096%	1h	265.81	+0.240%	$97K	$226K	50x	as long as short
Hyperliquid BCH	+0.0100%	1h	265.55	+0.142%	$5.7M	$4.7M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	265.50	+0.125%	$168K	$519K	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	265.69	+0.194%	$19K	$290K	20x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0333% / S −0.0451%	1h	265.45	+0.103%	$25K	—	100x	as long as short