Funding you earn now, next payment 01:00 UTC+0.0075%/8h= +8.2% APRpaid last 24h +0.038%
Price spread now: BingX against Kraken Futures−0.052%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$590.594% of the position
Funding, last 7 days+0.183%+$18 on $10k
+Price spread, last 3 days (all we have)−0.017%−$2 · spread now −0.052%, 7d avg −0.046%
=The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BCHUSD | 268.15 | −0.0049 | get 0.0006% / 1h | 40m 34s | $855K | $3.1M | 50x |
| Short | BingX BCH-USDC | 268.01 | 0.0026 | get 0.0026% / 8h | 7h 40m | — | $6.5M | — |
Kraken Futures PF_BCHUSD
BingX BCH-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kraken Futures. 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
- $15.7
- Price spread: −0.052% → −0.046%
- −$0.51
- Slippage, 4 orders
- −$39.39
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$44.2
- Costs to cover
- 0.594%
- Break-even
- 26.7 days
Slippage from Kraken Futures: live order book, 3 min ago; BingX: live order book, 5 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 Kraken Futures live order book, 3 min ago | 3.91 bp | 17.7 bp −$18 | 25.8 bp −$258 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 1.31 bp | 14.9 bp −$15 | 40.2 bp −$402 | 119.1 bp −$11.9K | 438.9 bp −$219.4K |
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 | −0.0559% | 1h | 267.93 | −0.081% | $2K | $6K | 10x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0552% | 1h | 267.96 | −0.068% | $453K | $266K | 25x | as long as short |
| Phemex BCHUSDT | −0.0491% | 8h | 267.85 | −0.111% | $4.9M | $6.5M | 50x | as long as short |
| HTX BCH-USDT | −0.0383% | 8h | 267.84 | −0.115% | $775K | $1.6M | 75x | as long as short |
| Gate BCH_USDT | −0.0202% | 8h | 268.09 | −0.022% | $8.4M | $14.2M | 75x | as long as short |
| GRVT BCH_USDT_Perp | −0.0196% | 8h | 267.99 | −0.058% | $390K | $17K | 10x | as long as short |
| Variational Omni BCH | −0.0130% | 8h | 267.81 | −0.127% | $82K | $285K | — | as long as short |
| Bybit BCHUSDT | −0.0080% | 8h | 268.03 | −0.044% | $39.6M | $32.6M | 75x | as long as short |
| ApeX Omni BCHUSDT | −0.0074% | 1h | 267.55 | −0.223% | $72K | $215K | 50x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 268.06 | −0.033% | $224K | $2.0M | 50x | as long as short |
SoDEX BCH-USD
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
HTX BCH-USDT
Gate BCH_USDT
GRVT BCH_USDT_Perp
Variational Omni BCH
Bybit BCHUSDT
ApeX Omni BCHUSDT
Coinbase International BCH-PERP-INTXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0051% | 8h | 267.99 | −0.059% | $72.6M | $230.6M | 75x | as long as short |
| MEXC BCH_USDT | −0.0050% | 8h | 268.48 | +0.124% | $70.3M | $6.6M | 200x | as long as short |
| Kraken Futures PF_BCHUSDlong | −0.0049% | 1h | 268.15 | long leg | $855K | $3.1M | 50x | |
| Extended BCH-USD | −0.0048% | 1h | 267.98 | −0.062% | $113K | $832K | 25x | as long as short |
| Nado BCH-PERP | −0.0017% | 1h | 268.03 | −0.045% | $440K | $421K | 10x | as long as short |
| Bitget BCHUSDT | −0.0006% | 8h | 267.97 | −0.066% | $19.2M | $29.5M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 268.22 | +0.028% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.16 | +0.004% | $1.1M | $10.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 268.05 | −0.036% | $4K | — | 150x | as long as short |
| OKX BCH-USDT-SWAP | +0.0021% | 8h | 268.00 | −0.055% | $26.0M | $76.7M | 50x | as long as short |
| BingX BCH-USDCshort | +0.0026% | 8h | 268.01 | −0.052% | — | $6.5M | — | |
| Orderly PERP_BCH_USDC | +0.0030% | 8h | 267.86 | −0.107% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.765% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0069% | 8h | 267.89 | −0.096% | $3.9M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 268.02 | −0.049% | $369K | $529K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 268.39 | +0.090% | $6.0M | $4.4M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 268.21 | +0.023% | $175K | $666K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 268.01 | −0.052% | $163K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 268.01 | −0.052% | $9.0M | $7.6M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 267.89 | −0.097% | $19K | $290K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 267.52 | −0.234% | $1K | $1.9M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0333% / S −0.0224% | 1h | 268.09 | −0.023% | $31K | — | 100x | as long as short |
Binance BCHUSDT
MEXC BCH_USDT
Extended BCH-USD
Nado BCH-PERP
Bitget BCHUSDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
OKX BCH-USDT-SWAP
Orderly PERP_BCH_USDC
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]