Funding you earn now, next payment 23:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.02 per $10,000 · paid last 24h +0.035%
Price spread now: Pacifica against Kraken Futures−0.038%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$530.532% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 3 days (all we have)−0.052%−$5 · spread now −0.038%, 7d avg −0.034%
=Together, before fees+0.038%+ Points / potential airdropPacifica: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.034%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.090%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BCHUSD | 270.85 | 0.0112 | pay 0.0014% / 1h | 19m 03s | $820K | $3.2M | 50x |
| Short | Pacifica BCH | 270.75 | 0.0100 | get 0.0013% / 1h | 19m 03s | $165K | $467K | 10x |
Kraken Futures PF_BCHUSD
Pacifica BCHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$2.58
- Price spread: −0.038% → −0.034%
- −$0.38
- Slippage, 4 orders
- −$35.16
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$56.13
- Costs to cover
- 0.532%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; Pacifica: live order book, 64 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 Kraken Futures live order book, 5 min ago | 4.80 bp | 21.0 bp −$21 | 27.6 bp −$276 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 64 min ago | 3.35 bp | 9.7 bp −$10 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0780% | 1h | 270.70 | −0.057% | $459K | $265K | 25x | as long as short |
| Phemex BCHUSDT | −0.0193% | 8h | 270.73 | −0.045% | $5.0M | $6.5M | 50x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 270.20 | −0.241% | $721 | $130K | 12x | as long as short |
| SoDEX BCH-USD | −0.0129% | 1h | 270.55 | −0.112% | $2K | $6K | 10x | as long as short |
| Variational Omni BCH | −0.0110% | 8h | 270.72 | −0.050% | $83K | $294K | — | as long as short |
| Bybit BCHUSDT | −0.0050% | 8h | 270.44 | −0.152% | $39.5M | $33.0M | 75x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 270.41 | −0.162% | $117K | $653K | 25x | as long as short |
| Binance BCHUSDT | −0.0046% | 8h | 270.57 | −0.105% | $75.2M | $234.0M | 75x | as long as short |
| MEXC BCH_USDT | −0.0046% | 8h | 271.18 | +0.121% | $71.0M | $6.6M | 200x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 270.98 | +0.048% | $5K | $248 | 10x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
Injective BCH/USDC PERP
SoDEX BCH-USD
Variational Omni BCH
Bybit BCHUSDT
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
dYdX BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXBCHPERP | 0.0000% | 8h | 270.89 | +0.014% | $1.3M | $11.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 270.95 | +0.035% | $4K | — | 150x | as long as short |
| Gate BCH_USDT | +0.0005% | 8h | 270.57 | −0.104% | $8.4M | $14.9M | 75x | as long as short |
| Bitget BCHUSDT | +0.0012% | 8h | 270.55 | −0.112% | $19.5M | $29.4M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 270.97 | +0.043% | $243K | $2.1M | 50x | as long as short |
| GRVT BCH_USDT_Perp | +0.0020% | 8h | 270.89 | +0.014% | $395K | $17K | 10x | as long as short |
| Orderly PERP_BCH_USDC | +0.0025% | 8h | 270.60 | −0.093% | $2K | $176 | 10x | as long as short |
| OKX BCH-USDT-SWAP | +0.0071% | 8h | 270.40 | −0.167% | $26.5M | $78.4M | 50x | as long as short |
| BloFin BCH-USDT | +0.0074% | 8h | 270.54 | −0.115% | $4.0M | $4.2M | 50x | as long as short |
| BingX BCH-USDC | +0.0076% | 8h | 270.62 | −0.086% | — | $6.5M | — | as long as short |
| Lighter BCH | +0.0096% | 1h | 270.65 | −0.073% | $379K | $587K | 10x | as long as short |
| Nado BCH-PERP | +0.0098% | 1h | 270.59 | −0.096% | $444K | $428K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 270.93 | +0.029% | $6.1M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 270.63 | −0.080% | $218K | $703K | 75x | as long as short |
| Pacifica BCHshort | +0.0100% | 1h | 270.75 | −0.038% | $165K | $467K | 10x | |
| KuCoin BCHUSDTM | +0.0100% | 8h | 270.82 | −0.012% | $9.3M | $8.0M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 270.71 | −0.052% | $19K | $290K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 271.00 | +0.054% | $73K | $213K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 270.48 | −0.138% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 270.50 | −0.130% | $778K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSDlong | +0.0112% | 1h | 270.85 | long leg | $820K | $3.2M | 50x | |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0342% / S −0.0467% | 1h | 271.02 | +0.062% | $26K | — | 100x | as long as short |
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Gate BCH_USDT
Bitget BCHUSDT
Coinbase International BCH-PERP-INTX
GRVT BCH_USDT_Perp
Orderly PERP_BCH_USDC
OKX BCH-USDT-SWAP
BloFin BCH-USDT
BingX BCH-USDC
Lighter BCH
Nado BCH-PERP
Hyperliquid BCH
Aster BCHUSDT
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]