Funding you earn now, next payment 00:00 UTC−0.0125%/8h= −13.6% APRnext payment −$0.16 per $10,000 · paid last 24h −0.011%
Price spread now: Kraken Futures against gTrade (Gains Network)+0.027%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Kraken Futures is 0.027% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) BCH/USD | 270.55 | L 0.0000% / S +0.0007% | pay 0.0000% / 1h | 38m 45s | $4K | — | 150x |
| Short | Kraken Futures PF_BCHUSD | 270.63 | −0.0124 | pay 0.0016% / 1h | 38m 45s | $819K | $3.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against gTrade (Gains Network). 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
- −$26.15
- Price spread: +0.027% → 0.000%
- $2.67
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$43.47
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 5 min ago | 6.09 bp | 11.1 bp −$11 | 22.5 bp −$225 | doesn't fit | doesn't fit |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0360% | 1h | 270.50 | −0.021% | $457K | $266K | 25x | as long as short |
| Phemex BCHUSDT | −0.0179% | 8h | 270.44 | −0.042% | $4.9M | $6.5M | 50x | as long as short |
| Variational Omni BCH | −0.0139% | 8h | 270.42 | −0.051% | $83K | $294K | — | as long as short |
| Kraken Futures PF_BCHUSDshort | −0.0124% | 1h | 270.63 | +0.027% | $819K | $3.2M | 50x | |
| SoDEX BCH-USD | −0.0110% | 1h | 270.38 | −0.064% | $2K | $6K | 10x | as long as short |
| Bybit BCHUSDT | −0.0085% | 8h | 269.70 | −0.316% | $39.5M | $33.3M | 75x | as long as short |
| Injective BCH/USDC PERP | −0.0054% | 1h | 270.20 | −0.131% | $721 | $130K | 12x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0032% | 1h | 271.05 | +0.183% | $240K | $2.1M | 50x | as long as short |
| Extended BCH-USD | −0.0024% | 1h | 270.10 | −0.166% | $117K | $653K | 25x | as long as short |
| Binance BCHUSDT | −0.0021% | 8h | 269.79 | −0.282% | $75.2M | $235.9M | 75x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0020% | 8h | 270.36 | −0.072% | $70.9M | $6.6M | 200x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 270.00 | −0.206% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 270.91 | +0.132% | $1.3M | $11.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USDlong | L 0.0000% / S +0.0007% | 1h | 270.55 | long leg | $4K | — | 150x | |
| Gate BCH_USDT | +0.0007% | 8h | 269.88 | −0.249% | $8.4M | $14.4M | 75x | as long as short |
| Orderly PERP_BCH_USDC | +0.0025% | 8h | 270.39 | −0.061% | $2K | $176 | 10x | as long as short |
| GRVT BCH_USDT_Perp | +0.0031% | 8h | 270.56 | +0.003% | $394K | $17K | 10x | as long as short |
| Bitget BCHUSDT | +0.0036% | 8h | 269.67 | −0.327% | $19.6M | $29.7M | 75x | as long as short |
| OKX BCH-USDT-SWAP | +0.0043% | 8h | 269.70 | −0.316% | $26.5M | $79.2M | 50x | as long as short |
| BingX BCH-USDC | +0.0053% | 8h | 269.70 | −0.316% | — | $6.5M | — | as long as short |
| Lighter BCH | +0.0096% | 1h | 269.79 | −0.284% | $373K | $554K | 10x | as long as short |
| BloFin BCH-USDT | +0.0099% | 8h | 270.29 | −0.098% | $4.0M | $4.2M | 50x | as long as short |
| Nado BCH-PERP | +0.0100% | 1h | 270.36 | −0.074% | $440K | $431K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 270.13 | −0.158% | $6.1M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 269.78 | −0.286% | $216K | $707K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 269.92 | −0.235% | $164K | $467K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 269.90 | −0.242% | $9.3M | $7.9M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 270.46 | −0.035% | $19K | $290K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 270.64 | +0.032% | $73K | $213K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 270.22 | −0.123% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 270.39 | −0.061% | $777K | $1.7M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0335% / S −0.0340% | 1h | 270.54 | −0.006% | $27K | — | 100x | as long as short |
gTrade (Gains Network) BCH/USD
Kraken Futures PF_BCHUSD
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
Variational Omni BCH
SoDEX BCH-USD
Bybit BCHUSDT
Injective BCH/USDC PERP
Coinbase International BCH-PERP-INTX
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
Kalshi KXBCHPERP
Gate BCH_USDT
GRVT BCH_USDT_Perp
Bitget BCHUSDT
OKX BCH-USDT-SWAP
BingX BCH-USDC
Lighter BCH
BloFin BCH-USDT
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]