Funding you earn now, next payment 07:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.07 per $10,000 · paid last 24h −0.013%
Price spread now: Kraken Futures against Extended+0.099%7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$440.439% of the position
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.099%, 7d avg +0.105%
=Together, before fees−0.064%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.105%, 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 | Extended BCH-USD | 264.39 | −0.0048 | get 0.0006% / 1h | 29m 57s | $112K | $770K | 25x |
| Short | Kraken Futures PF_BCHUSD | 264.65 | −0.0103 | pay 0.0013% / 1h | 29m 57s | $861K | $2.9M | 50x |
Extended BCH-USD
Kraken Futures PF_BCHUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- −$11.59
- Price spread: +0.099% → +0.105%
- −$0.58
- Slippage, 4 orders
- −$28.89
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$56.06
- Costs to cover
- 0.439%
- Break-even
- never at this rate
Slippage from Extended: live order book, 3 min ago; Kraken Futures: live order book, 4 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 Extended live order book, 3 min ago | 1.14 bp | 7.4 bp −$7 | 98.3 bp −$983 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 7.18 bp | 15.6 bp −$16 | 28.8 bp −$288 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX BCH-USD | −0.0415% | 1h | 264.45 | +0.023% | $2K | $8K | 10x | as long as short |
| HTX BCH-USDT | −0.0183% | 8h | 264.14 | −0.094% | $772K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0159% | 8h | 264.46 | +0.027% | $4.9M | $6.6M | 50x | as long as short |
| KuCoin BCHUSDTM | −0.0109% | 8h | 264.45 | +0.023% | $8.5M | $6.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSDshort | −0.0103% | 1h | 264.65 | +0.099% | $861K | $2.9M | 50x | |
| Variational Omni BCH | −0.0091% | 8h | 264.10 | −0.108% | $81K | $196K | — | as long as short |
| Bitget BCHUSDT | −0.0089% | 8h | 264.45 | +0.023% | $18.9M | $28.4M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0078% | 8h | 264.50 | +0.042% | $25.2M | $78.0M | 50x | as long as short |
| Bybit BCHUSDT | −0.0067% | 8h | 264.40 | +0.004% | $38.8M | $31.8M | 75x | as long as short |
| Binance BCHUSDT | −0.0051% | 8h | 264.52 | +0.050% | $72.8M | $220.9M | 75x | as long as short |
SoDEX BCH-USD
HTX BCH-USDT
Phemex BCHUSDT
KuCoin BCHUSDTM
Variational Omni BCH
Bitget BCHUSDT
OKX BCH-USDT-SWAP
Bybit BCHUSDT
Binance BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0051% | 8h | 264.89 | +0.189% | $70.6M | $8.7M | 200x | as long as short |
| Extended BCH-USDlong | −0.0048% | 1h | 264.39 | long leg | $112K | $770K | 25x | |
| BingX BCH-USDT | −0.0040% | 8h | 264.46 | +0.027% | — | $32.9M | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0031% | 8h | 264.32 | −0.027% | $385K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0016% | 8h | 264.55 | +0.061% | $8.3M | $13.8M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 264.44 | +0.019% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 264.38 | −0.004% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 264.65 | +0.099% | $984K | $10.5M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 264.63 | +0.090% | $440K | $336K | 25x | as long as short |
| Nado BCH-PERP | +0.0007% | 1h | 264.14 | −0.094% | $434K | $356K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0008% | 1h | 265.10 | +0.269% | $224K | $1.9M | 50x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.198% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0046% | 8h | 264.48 | +0.034% | $2K | $176 | 10x | as long as short |
| Aster BCHUSDT | +0.0051% | 8h | 264.50 | +0.042% | $137K | $590K | 75x | as long as short |
| SunX BCH-USDT | +0.0051% | 8h | 264.26 | −0.049% | $2K | $1.7M | 30x | as long as short |
| BloFin BCH-USDT | +0.0068% | 8h | 264.29 | −0.037% | $3.9M | $4.5M | 50x | as long as short |
| ApeX Omni BCHUSDT | +0.0074% | 1h | 264.28 | −0.041% | $95K | $238K | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 264.45 | +0.023% | $352K | $495K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 264.67 | +0.106% | $5.7M | $4.7M | 10x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 264.21 | −0.067% | $158K | $312K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 264.17 | −0.084% | $18K | $345K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0202% / S −0.0147% | 1h | 264.47 | +0.031% | $12K | — | 100x | as long as short |
MEXC BCH_USDT
BingX BCH-USDT
GRVT BCH_USDT_Perp
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Nado BCH-PERP
Coinbase International BCH-PERP-INTX
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
Aster BCHUSDT
SunX BCH-USDT
BloFin BCH-USDT
ApeX Omni BCHUSDT
Lighter BCH
Hyperliquid BCH
Pacifica BCH
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]