Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.4% APRnext payment −$0.06 per $10,000 · paid last 24h −0.015%
Price spread now: Kraken Futures against gTrade (Gains Network)+0.040%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
The price spread pays, funding is against you. Kraken Futures is 0.040% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread +0.040% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) BCH/USD | 267.75 | L 0.0000% / S +0.0007% | pay 0.0000% / 1h | 37m 52s | $4K | — | 150x |
| Short | Kraken Futures PF_BCHUSD | 267.86 | −0.0049 | pay 0.0006% / 1h | 37m 52s | $855K | $3.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against gTrade (Gains Network). 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
- −$10.43
- Price spread: +0.040% → 0.000%
- $4.02
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$26.41
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Kraken Futures: live order book, 1 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 1 min ago | 6.53 bp | 15.8 bp −$16 | 26.9 bp −$269 | doesn't fit | doesn't fit |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX BCH-USD | −0.0553% | 1h | 267.65 | −0.037% | $2K | $6K | 10x | as long as short |
| Phemex BCHUSDT | −0.0427% | 8h | 267.59 | −0.059% | $4.9M | $6.5M | 50x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0403% | 1h | 267.75 | +0.002% | $453K | $266K | 25x | as long as short |
| HTX BCH-USDT | −0.0383% | 8h | 267.43 | −0.119% | $774K | $1.6M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0196% | 8h | 267.99 | +0.091% | $390K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0192% | 8h | 268.02 | +0.101% | $8.4M | $14.2M | 75x | as long as short |
| ApeX Omni BCHUSDT | −0.0160% | 1h | 267.81 | +0.023% | $73K | $215K | 50x | as long as short |
| Variational Omni BCH | −0.0130% | 8h | 267.81 | +0.022% | $82K | $285K | — | as long as short |
| Bybit BCHUSDT | −0.0101% | 8h | 268.00 | +0.094% | $39.6M | $32.6M | 75x | as long as short |
| Extended BCH-USD | −0.0056% | 1h | 267.89 | +0.051% | $115K | $908K | 25x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 267.68 | −0.026% | $225K | $2.0M | 50x | as long as short |
| Binance BCHUSDT | −0.0055% | 8h | 268.01 | +0.096% | $72.6M | $230.5M | 75x | as long as short |
| MEXC BCH_USDT | −0.0052% | 8h | 268.38 | +0.236% | $70.3M | $6.6M | 200x | as long as short |
| Kraken Futures PF_BCHUSDshort | −0.0049% | 1h | 267.86 | +0.040% | $855K | $3.1M | 50x | |
| Bitget BCHUSDT | −0.0008% | 8h | 267.99 | +0.090% | $19.2M | $29.4M | 75x | as long as short |
| Nado BCH-PERP | −0.0001% | 1h | 267.32 | −0.160% | $439K | $421K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 267.78 | +0.012% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 267.96 | +0.079% | $1.1M | $10.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USDlong | L 0.0000% / S +0.0007% | 1h | 267.75 | long leg | $4K | — | 150x | |
| OKX BCH-USDT-SWAP | +0.0021% | 8h | 268.00 | +0.094% | $26.0M | $76.8M | 50x | as long as short |
| BingX BCH-USDT | +0.0025% | 8h | 267.98 | +0.086% | — | $31.2M | — | as long as short |
| Orderly PERP_BCH_USDC | +0.0030% | 8h | 267.58 | −0.063% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.915% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0067% | 8h | 267.33 | −0.156% | $3.9M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 267.70 | −0.019% | $369K | $529K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 268.42 | +0.251% | $6.0M | $4.4M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 268.08 | +0.125% | $177K | $666K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 267.49 | −0.097% | $163K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 268.02 | +0.101% | $9.0M | $7.6M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 267.78 | +0.013% | $19K | $290K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 267.54 | −0.078% | $2K | $1.9M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0333% / S −0.0224% | 1h | 267.80 | +0.019% | $31K | — | 100x | as long as short |
gTrade (Gains Network) BCH/USD
Kraken Futures PF_BCHUSD
SoDEX BCH-USD
Phemex BCHUSDT
Deribit BCH_USDC-PERPETUAL
HTX BCH-USDT
GRVT BCH_USDT_Perp
Gate BCH_USDT
ApeX Omni BCHUSDT
Variational Omni BCH
Bybit BCHUSDT
Extended BCH-USD
Coinbase International BCH-PERP-INTX
Binance BCHUSDT
MEXC BCH_USDT
Bitget BCHUSDT
Kalshi KXBCHPERP
OKX BCH-USDT-SWAP
BingX BCH-USDT
Injective BCH/USDC PERP
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]