BCH

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0229%/8h= −25.1% APRnext payment −$0.29 per $10,000 · paid last 24h −0.075%

Price spread now: Kraken Futures against GMX+0.050%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Kraken Futures

What this pair did over the last

the charts below follow

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 0.050% dearer against GMX than usual: you sell high and buy low (spread +0.050% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 18 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX BCH/USD [WBTC.b-USDC]	270.67	L +0.0341% / S −0.0467%	pay 0.0043% / 1h	45m 57s	$26K	—	100x
Short	Kraken Futures PF_BCHUSD	270.80	0.0112	get 0.0014% / 1h	45m 57s	$809K	$3.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee Kraken FuturesbpOrdersPrice spread, now +0.050%Rate

Funding earned: −$48.11
Price spread: +0.050% → 0.000%: $5.03
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$65.09
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, 3 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 GMX no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 3 min ago	5.73 bp	19.1 bp −$19	28.2 bp −$282	doesn't fit	doesn't fit

GMX: 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	−0.0260%	1h	270.65	−0.007%	$459K	$265K	25x	as long as short
Phemex BCHUSDT	−0.0209%	8h	270.58	−0.032%	$4.9M	$6.3M	50x	as long as short
Injective BCH/USDC PERP	−0.0154%	1h	270.20	−0.172%	$721	$130K	12x	as long as short
Extended BCH-USD	−0.0072%	1h	270.37	−0.108%	$116K	$653K	25x	as long as short
MEXC BCH_USDT	−0.0072%	8h	270.94	+0.101%	$71.5M	$6.3M	200x	as long as short
Variational Omni BCH	−0.0071%	8h	269.63	−0.384%	$86K	$291K	—	as long as short
Binance BCHUSDT	−0.0070%	8h	270.53	−0.051%	$75.3M	$232.1M	75x	as long as short
SoDEX BCH-USD	−0.0061%	1h	270.55	−0.043%	$2K	$6K	10x	as long as short
Bitget BCHUSDT	−0.0017%	8h	270.50	−0.062%	$20.1M	$29.0M	75x	as long as short
Gate BCH_USDT	−0.0013%	8h	270.50	−0.062%	$8.4M	$14.7M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BCH_USDT_Perp	−0.0001%	8h	269.74	−0.342%	$393K	$17K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	270.51	−0.057%	$5K	$248	10x	as long as short
Bybit BCHUSDT	0.0000%	8h	270.43	−0.088%	$39.8M	$32.7M	75x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	270.79	+0.046%	$1.1M	$11.6M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	270.56	−0.041%	$4K	—	150x	as long as short
Coinbase International BCH-PERP-INTX	+0.0016%	1h	270.66	−0.003%	$233K	$2.1M	50x	as long as short
Orderly PERP_BCH_USDC	+0.0026%	8h	270.55	−0.043%	$2K	$176	10x	as long as short
BloFin BCH-USDT	+0.0048%	8h	270.32	−0.128%	$4.0M	$4.1M	50x	as long as short
BingX BCH-USDC	+0.0049%	8h	270.57	−0.036%	—	$6.5M	—	as long as short
Nado BCH-PERP	+0.0049%	1h	270.36	−0.112%	$443K	$427K	10x	as long as short
OKX BCH-USDT-SWAP	+0.0054%	8h	270.50	−0.062%	$26.2M	$77.4M	50x	as long as short
Lighter BCH	+0.0096%	1h	270.64	−0.009%	$379K	$583K	10x	as long as short
Hyperliquid BCH	+0.0100%	1h	270.93	+0.097%	$6.1M	$4.2M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	270.64	−0.010%	$221K	$700K	75x	as long as short
Pacifica BCH	+0.0100%	1h	270.41	−0.096%	$164K	$468K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	270.66	−0.003%	$8.9M	$8.0M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	269.81	−0.317%	$19K	$289K	20x	as long as short
ApeX Omni BCHUSDT	+0.0100%	1h	270.08	−0.217%	$73K	$214K	50x	as long as short
SunX BCH-USDT	+0.0100%	8h	270.33	−0.124%	$1K	$2.0M	30x	as long as short
HTX BCH-USDT	+0.0100%	8h	270.25	−0.154%	$787K	$1.7M	75x	as long as short
Kraken Futures PF_BCHUSDshort	+0.0112%	1h	270.80	+0.050%	$809K	$3.2M	50x
GMX BCH/USD [WBTC.b-USDC]long	L +0.0341% / S −0.0467%	1h	270.67	long leg	$26K	—	100x