Funding you earn now, next payment 23:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.02 per $10,000 · paid last 24h +0.035%
Price spread now: Pacifica against Kraken Futures−0.117%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$490.494% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 3 days (all we have)+0.027%+$3 · spread now −0.117%, 7d avg −0.034%
=Together, before fees+0.117%+ Points / potential airdropPacifica: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Pacifica is 0.082% cheaper against Kraken Futures than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.034%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.090%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BCHUSD | 270.28 | 0.0113 | pay 0.0014% / 1h | 11m 45s | $818K | $3.2M | 50x |
| Short | Pacifica BCH | 269.96 | 0.0100 | get 0.0013% / 1h | 11m 45s | $164K | $467K | 10x |
Kraken Futures PF_BCHUSD
Pacifica BCHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$2.63
- Price spread: −0.117% → −0.034%
- −$8.25
- Slippage, 4 orders
- −$31.36
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$60.24
- Costs to cover
- 0.494%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; Pacifica: live order book, 7 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, 2 min ago | 5.37 bp | 16.9 bp −$17 | 27.8 bp −$278 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 7 min ago | 2.59 bp | 11.7 bp −$12 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0482% | 1h | 270.17 | −0.041% | $458K | $265K | 25x | as long as short |
| Phemex BCHUSDT | −0.0191% | 8h | 270.08 | −0.074% | $4.9M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0170% | 1h | 270.01 | −0.099% | $2K | $6K | 10x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 270.20 | −0.029% | $721 | $130K | 12x | as long as short |
| Variational Omni BCH | −0.0115% | 8h | 269.72 | −0.208% | $83K | $294K | — | as long as short |
| Bybit BCHUSDT | −0.0067% | 8h | 269.80 | −0.177% | $39.4M | $33.0M | 75x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 269.84 | −0.163% | $117K | $653K | 25x | as long as short |
| Binance BCHUSDT | −0.0046% | 8h | 269.97 | −0.116% | $75.1M | $234.2M | 75x | as long as short |
| MEXC BCH_USDT | −0.0045% | 8h | 270.33 | +0.019% | $70.8M | $6.6M | 200x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 270.30 | +0.008% | $5K | $248 | 10x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
SoDEX BCH-USD
Injective BCH/USDC PERP
Variational Omni BCH
Bybit BCHUSDT
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
dYdX BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXBCHPERP | 0.0000% | 8h | 270.45 | +0.063% | $1.3M | $11.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 270.25 | −0.011% | $4K | — | 150x | as long as short |
| Gate BCH_USDT | +0.0005% | 8h | 270.00 | −0.103% | $8.4M | $14.9M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 270.97 | +0.256% | $243K | $2.1M | 50x | as long as short |
| GRVT BCH_USDT_Perp | +0.0018% | 8h | 270.08 | −0.074% | $394K | $17K | 10x | as long as short |
| Bitget BCHUSDT | +0.0019% | 8h | 269.71 | −0.210% | $19.4M | $29.4M | 75x | as long as short |
| Orderly PERP_BCH_USDC | +0.0024% | 8h | 270.05 | −0.085% | $2K | $176 | 10x | as long as short |
| OKX BCH-USDT-SWAP | +0.0060% | 8h | 269.80 | −0.177% | $26.4M | $78.3M | 50x | as long as short |
| BingX BCH-USDC | +0.0071% | 8h | 269.71 | −0.210% | — | $6.5M | — | as long as short |
| BloFin BCH-USDT | +0.0074% | 8h | 269.94 | −0.125% | $4.0M | $4.2M | 50x | as long as short |
| Nado BCH-PERP | +0.0094% | 1h | 270.00 | −0.103% | $442K | $428K | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 270.06 | −0.081% | $378K | $588K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 270.28 | 0.000% | $6.0M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 270.13 | −0.055% | $218K | $703K | 75x | as long as short |
| Pacifica BCHshort | +0.0100% | 1h | 269.96 | −0.117% | $164K | $467K | 10x | |
| KuCoin BCHUSDTM | +0.0100% | 8h | 270.09 | −0.070% | $9.3M | $8.0M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 270.10 | −0.065% | $19K | $290K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 270.36 | +0.030% | $73K | $213K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 269.91 | −0.136% | $1K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 270.06 | −0.081% | $777K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSDlong | +0.0113% | 1h | 270.28 | long leg | $818K | $3.2M | 50x | |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0335% / S −0.0388% | 1h | 270.31 | +0.012% | $26K | — | 100x | as long as short |
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Gate BCH_USDT
Coinbase International BCH-PERP-INTX
GRVT BCH_USDT_Perp
Bitget BCHUSDT
Orderly PERP_BCH_USDC
OKX BCH-USDT-SWAP
BingX BCH-USDC
BloFin BCH-USDT
Nado BCH-PERP
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]