Funding you earn now, next payment 01:00 UTC−0.0149%/8h= −16.3% APRnext payment −$0.19 per $10,000 · paid last 24h −0.020%
Price spread now: Kraken Futures against Nado+0.173%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$410.407% of the position
Funding, last 3 days (all we have)−0.007%−$1 on $10k
+Price spread, last 3 days (all we have)−0.048%−$5 · spread now +0.173%, 7d avg +0.078%
=Together, before fees−0.055%+ Points / potential airdropNado: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.095% dearer against Nado than usual: you sell high and buy low (spread +0.173% now, against its 7-day average of +0.078%): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 3 days (−0.007% in total) that is about 43 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado BCH-PERP | 267.00 | 0.0100 | pay 0.0012% / 1h | 58m 41s | $442K | $434K | 10x |
| Short | Kraken Futures PF_BCHUSD | 267.46 | −0.0049 | pay 0.0006% / 1h | 58m 41s | $859K | $3.2M | 50x |
Nado BCH-PERP
Kraken Futures PF_BCHUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Nado. 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
- −$31.35
- Price spread: +0.173% → +0.078%
- $9.51
- Slippage, 4 orders
- −$23.66
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$62.5
- Costs to cover
- 0.407%
- Break-even
- never at this rate
Slippage from Nado: live order book, 14 min ago; Kraken Futures: 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 Nado live order book, 14 min ago | 0.75 bp | 8.8 bp −$9 | 24.9 bp −$249 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 2.99 bp | 12.7 bp −$13 | 24.4 bp −$244 | 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 | −0.0543% | 1h | 267.30 | +0.110% | $452K | $266K | 25x | as long as short |
| SoDEX BCH-USD | −0.0420% | 1h | 267.18 | +0.067% | $2K | $6K | 10x | as long as short |
| Variational Omni BCH | −0.0134% | 8h | 266.81 | −0.070% | $82K | $292K | — | as long as short |
| Phemex BCHUSDT | −0.0132% | 8h | 267.17 | +0.064% | $4.9M | $6.5M | 50x | as long as short |
| HTX BCH-USDT | −0.0069% | 8h | 267.12 | +0.045% | $775K | $1.6M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 267.46 | +0.172% | $227K | $2.1M | 50x | as long as short |
| Kraken Futures PF_BCHUSDshort | −0.0049% | 1h | 267.46 | +0.173% | $859K | $3.2M | 50x | |
| ApeX Omni BCHUSDT | −0.0037% | 1h | 266.85 | −0.056% | $72K | $214K | 50x | as long as short |
| Binance BCHUSDT | −0.0034% | 8h | 267.61 | +0.228% | $73.0M | $235.2M | 75x | as long as short |
| Extended BCH-USD | −0.0032% | 1h | 267.70 | +0.262% | $115K | $648K | 25x | as long as short |
Deribit BCH_USDC-PERPETUAL
SoDEX BCH-USD
Variational Omni BCH
Phemex BCHUSDT
HTX BCH-USDT
Coinbase International BCH-PERP-INTX
ApeX Omni BCHUSDT
Binance BCHUSDT
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0032% | 8h | 268.06 | +0.397% | $70.2M | $6.5M | 200x | as long as short |
| Gate BCH_USDT | −0.0001% | 8h | 267.87 | +0.326% | $8.4M | $13.9M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 267.85 | +0.317% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 267.33 | +0.124% | $1.2M | $11.7M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 267.35 | +0.131% | $4K | — | 150x | as long as short |
| GRVT BCH_USDT_Perp | +0.0016% | 8h | 266.96 | −0.014% | $389K | $17K | 10x | as long as short |
| Bitget BCHUSDT | +0.0019% | 8h | 267.73 | +0.273% | $19.2M | $30.0M | 75x | as long as short |
| OKX BCH-USDT-SWAP | +0.0023% | 8h | 267.60 | +0.225% | $26.0M | $79.0M | 50x | as long as short |
| BingX BCH-USDC | +0.0028% | 8h | 267.78 | +0.292% | — | $6.5M | — | as long as short |
| Orderly PERP_BCH_USDC | +0.0030% | 8h | 267.22 | +0.082% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.199% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0087% | 8h | 267.10 | +0.037% | $3.9M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 267.68 | +0.256% | $369K | $526K | 10x | as long as short |
| Nado BCH-PERPlong | +0.0100% | 1h | 267.00 | long leg | $442K | $434K | 10x | |
| Hyperliquid BCH | +0.0100% | 1h | 268.06 | +0.397% | $6.0M | $4.5M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 267.68 | +0.253% | $174K | $715K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 267.72 | +0.270% | $163K | $430K | 10x | as long as short |
| Bybit BCHUSDT | +0.0100% | 8h | 267.68 | +0.255% | $39.4M | $33.1M | 75x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 267.72 | +0.270% | $9.0M | $7.7M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 266.84 | −0.059% | $19K | $292K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 267.08 | +0.030% | $2K | $2.0M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0332% / S −0.0224% | 1h | 267.31 | +0.115% | $31K | — | 100x | as long as short |
MEXC BCH_USDT
Gate BCH_USDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
GRVT BCH_USDT_Perp
Bitget BCHUSDT
OKX BCH-USDT-SWAP
BingX BCH-USDC
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
Bybit BCHUSDT
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]