Funding you earn now, next payment 08:00 UTC−0.0058%/8h= −6.3% APRnext payment −$0.07 per $10,000 · paid last 24h −0.049%
Price spread now: SoDEX against Kraken Futures−0.074%7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SoDEX is 0.074% cheaper against Kraken Futures than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BCHUSD | 265.14 | −0.0219 | get 0.0027% / 1h | 55m 11s | $862K | $2.9M | 50x |
| Short | SoDEX BCH-USD | 264.94 | −0.0277 | pay 0.0035% / 1h | 55m 11s | $2K | $8K | 10x |
Kraken Futures PF_BCHUSD
SoDEX BCH-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Kraken Futures. 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
- −$12.09
- Price spread: −0.074% → 0.000%
- −$7.4
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$37.5
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 4 min ago; SoDEX: no order-book sample. 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 Kraken Futures live order book, 4 min ago | 5.10 bp | 14.3 bp −$14 | 26.1 bp −$261 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX BCH-USDshort | −0.0277% | 1h | 264.94 | −0.074% | $2K | $8K | 10x | |
| Kraken Futures PF_BCHUSDlong | −0.0219% | 1h | 265.14 | long leg | $862K | $2.9M | 50x | |
| Phemex BCHUSDT | −0.0155% | 8h | 264.89 | −0.093% | $4.9M | $6.6M | 50x | as long as short |
| HTX BCH-USDT | −0.0137% | 8h | 264.72 | −0.157% | $774K | $1.4M | 75x | as long as short |
| Variational Omni BCH | −0.0106% | 8h | 264.20 | −0.353% | $81K | $196K | — | as long as short |
| KuCoin BCHUSDTM | −0.0092% | 8h | 264.71 | −0.161% | $8.5M | $6.6M | 75x | as long as short |
| Bybit BCHUSDT | −0.0082% | 8h | 265.00 | −0.051% | $38.9M | $31.7M | 75x | as long as short |
| Bitget BCHUSDT | −0.0075% | 8h | 264.89 | −0.093% | $18.9M | $28.2M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0066% | 8h | 265.00 | −0.051% | $25.3M | $77.5M | 50x | as long as short |
| Binance BCHUSDT | −0.0049% | 8h | 265.02 | −0.044% | $73.0M | $219.2M | 75x | as long as short |
Phemex BCHUSDT
HTX BCH-USDT
Variational Omni BCH
KuCoin BCHUSDTM
Bybit BCHUSDT
Bitget BCHUSDT
OKX BCH-USDT-SWAP
Binance BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0049% | 8h | 265.21 | +0.028% | $70.8M | $8.7M | 200x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 264.83 | −0.117% | $111K | $884K | 25x | as long as short |
| BingX BCH-USDT | −0.0037% | 8h | 264.81 | −0.123% | — | $32.9M | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0033% | 8h | 264.63 | −0.193% | $386K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0018% | 8h | 264.81 | −0.123% | $8.3M | $13.4M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 264.96 | −0.066% | $15K | — | 150x | as long as short |
| Pacifica BCH | −0.0003% | 1h | 264.61 | −0.198% | $159K | $311K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 264.81 | −0.122% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.01 | −0.048% | $991K | $10.5M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 265.08 | −0.022% | $441K | $337K | 25x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.910% | $721 | $130K | 12x | as long as short |
| Aster BCHUSDT | +0.0042% | 8h | 264.80 | −0.126% | $137K | $590K | 75x | as long as short |
| Orderly PERP_BCH_USDC | +0.0045% | 8h | 264.84 | −0.112% | $2K | $176 | 10x | as long as short |
| Nado BCH-PERP | +0.0055% | 1h | 264.65 | −0.182% | $434K | $357K | 10x | as long as short |
| BloFin BCH-USDT | +0.0071% | 8h | 264.99 | −0.055% | $4.0M | $4.5M | 50x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0088% | 1h | 265.90 | +0.288% | $225K | $1.9M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 264.97 | −0.063% | $353K | $469K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 265.02 | −0.045% | $5.7M | $4.7M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 264.67 | −0.174% | $19K | $344K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 264.87 | −0.100% | $95K | $240K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 264.62 | −0.195% | $1K | $1.7M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0202% / S −0.0147% | 1h | 264.55 | −0.222% | $12K | — | 100x | as long as short |
MEXC BCH_USDT
Extended BCH-USD
BingX BCH-USDT
GRVT BCH_USDT_Perp
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
Pacifica BCH
dYdX BCH-USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Injective BCH/USDC PERP
Aster BCHUSDT
Orderly PERP_BCH_USDC
Nado BCH-PERP
BloFin BCH-USDT
Coinbase International BCH-PERP-INTX
Lighter BCH
Hyperliquid BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]