Funding you earn now, next payment 22:00 UTC+0.0156%/8h= +17.1% APRpaid last 24h −0.014%
Price spread now: Kraken Futures against Variational Omni+0.153%58s7-day average +0.073% · 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)−0.021%−$2 on $10k
+Price spread, last 3 days (all we have)−0.151%−$15 · spread now +0.153%, 7d avg +0.073%
=Together, before fees−0.172%+ Points / potential airdropVariational Omni: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Kraken Futures is 0.080% dearer against Variational Omni than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.073%. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BCH | 267.05 | −0.0082 | get 0.0082% / 8h | 2h 43m | $85K | $291K | — |
| Short | Kraken Futures PF_BCHUSD | 267.46 | 0.0074 | get 0.0009% / 1h | 43m 22s | $802K | $3.2M | 50x |
Variational Omni BCH
Kraken Futures PF_BCHUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Variational Omni. 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
- $32.85
- Price spread: +0.153% → +0.073%
- $8.01
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $30.86
- Costs to cover
- 0.100%
- Break-even
- 0.4 days
Slippage unknown: Variational Omni: RFQ quote, 45 min ago; Kraken Futures: live order book, 5 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 Variational Omni RFQ quote, 45 min ago | 5.99 bp | doesn't fit | 32.3 bp −$323 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 4.49 bp | 17.9 bp −$18 | 30.2 bp −$302 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BCH/USDC PERP | −0.0304% | 1h | 267.23 | +0.067% | $713 | $80K | 12x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0291% | 1h | 267.65 | +0.226% | $438K | $248K | 25x | as long as short |
| Phemex BCHUSDT | −0.0197% | 8h | 267.26 | +0.078% | $4.9M | $6.2M | 50x | as long as short |
| SoDEX BCH-USD | −0.0167% | 1h | 267.20 | +0.056% | $2K | $6K | 10x | as long as short |
| Binance BCHUSDT | −0.0121% | 8h | 267.42 | +0.138% | $73.8M | $229.1M | 75x | as long as short |
| Extended BCH-USD | −0.0120% | 1h | 267.33 | +0.104% | $105K | $643K | 25x | as long as short |
| MEXC BCH_USDT | −0.0120% | 8h | 268.02 | +0.363% | $70.9M | $6.3M | 200x | as long as short |
| Bybit BCHUSDT | −0.0091% | 8h | 267.40 | +0.131% | $39.4M | $32.1M | 75x | as long as short |
| Variational Omni BCHlong | −0.0082% | 8h | 267.05 | long leg | $85K | $291K | — | |
| GRVT BCH_USDT_Perp | −0.0063% | 8h | 267.17 | +0.043% | $389K | $17K | 10x | as long as short |
Injective BCH/USDC PERP
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
SoDEX BCH-USD
Binance BCHUSDT
Extended BCH-USD
MEXC BCH_USDT
Bybit BCHUSDT
GRVT BCH_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BCHUSDT | −0.0054% | 8h | 267.44 | +0.146% | $20.0M | $28.7M | 75x | as long as short |
| Gate BCH_USDT | −0.0039% | 8h | 267.47 | +0.157% | $8.4M | $14.3M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0024% | 1h | 266.89 | −0.060% | $254K | $2.0M | 50x | as long as short |
| BingX BCH-USDT | −0.0016% | 8h | 267.41 | +0.134% | — | $32.1M | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0013% | 8h | 267.40 | +0.131% | $26.2M | $75.6M | 50x | as long as short |
| BloFin BCH-USDT | −0.0001% | 8h | 267.16 | +0.041% | $4.0M | $4.1M | 50x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 267.56 | +0.190% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 267.28 | +0.086% | $1.1M | $11.4M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 267.57 | +0.194% | $4K | — | 150x | as long as short |
| Orderly PERP_BCH_USDC | +0.0029% | 8h | 267.57 | +0.194% | $2K | $176 | 10x | as long as short |
| Nado BCH-PERP | +0.0060% | 1h | 267.35 | +0.112% | $440K | $425K | 10x | as long as short |
| Kraken Futures PF_BCHUSDshort | +0.0074% | 1h | 267.46 | +0.153% | $802K | $3.2M | 50x | |
| KuCoin BCHUSDTM | +0.0077% | 8h | 267.52 | +0.175% | $8.8M | $8.0M | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 267.45 | +0.151% | $375K | $580K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 267.71 | +0.247% | $6.0M | $4.1M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 267.50 | +0.168% | $234K | $674K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 267.51 | +0.172% | $169K | $461K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 267.10 | +0.018% | $19K | $290K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 267.18 | +0.048% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 267.09 | +0.014% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 267.07 | +0.007% | $768K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0365% / S −0.0554% | 1h | 267.55 | +0.188% | $25K | — | 100x | as long as short |
Bitget BCHUSDT
Gate BCH_USDT
Coinbase International BCH-PERP-INTX
BingX BCH-USDT
OKX BCH-USDT-SWAP
BloFin BCH-USDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Orderly PERP_BCH_USDC
Nado BCH-PERP
KuCoin BCHUSDTM
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]