Funding you earn now, next payment 01:00 UTC−0.0093%/8h= −10.1% APRnext payment −$0.12 per $10,000 · paid last 24h −0.025%
Price spread now: Kraken Futures against Nado+0.075%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$510.507% of the position
Funding, last 3 days (all we have)−0.009%−$1 on $10k
+Price spread, last 3 days (all we have)+0.029%+$3 · spread now +0.075%, 7d avg +0.079%
=Together, before fees+0.020%+ Points / potential airdropNado: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.079%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado BCH-PERP | 268.25 | 0.0043 | pay 0.0005% / 1h | 4m 33s | $439K | $421K | 10x |
| Short | Kraken Futures PF_BCHUSD | 268.45 | −0.0049 | pay 0.0006% / 1h | 4m 33s | $867K | $3.1M | 50x |
Nado BCH-PERP
Kraken Futures PF_BCHUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Nado. 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
- −$19.43
- Price spread: +0.075% → +0.079%
- −$0.42
- Slippage, 4 orders
- −$33.67
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$70.52
- Costs to cover
- 0.507%
- Break-even
- never at this rate
Slippage from Nado: 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 Nado live order book, 3 min ago | 1.30 bp | 8.9 bp −$9 | 24.6 bp −$246 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 5.57 bp | 15.2 bp −$15 | 25.1 bp −$251 | 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 | −0.0625% | 1h | 268.25 | +0.001% | $453K | $266K | 25x | as long as short |
| SoDEX BCH-USD | −0.0550% | 1h | 268.17 | −0.030% | $2K | $6K | 10x | as long as short |
| Phemex BCHUSDT | −0.0447% | 8h | 268.15 | −0.037% | $4.9M | $6.5M | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0187% | 8h | 269.71 | +0.546% | $393K | $17K | 10x | as long as short |
| ApeX Omni BCHUSDT | −0.0170% | 1h | 269.64 | +0.518% | $73K | $214K | 50x | as long as short |
| Gate BCH_USDT | −0.0163% | 8h | 268.71 | +0.171% | $8.4M | $14.4M | 75x | as long as short |
| Variational Omni BCH | −0.0122% | 8h | 268.20 | −0.018% | $82K | $285K | — | as long as short |
| Extended BCH-USD | −0.0080% | 1h | 268.40 | +0.054% | $117K | $961K | 25x | as long as short |
| Binance BCHUSDT | −0.0078% | 8h | 268.59 | +0.127% | $72.7M | $230.0M | 75x | as long as short |
| MEXC BCH_USDT | −0.0076% | 8h | 269.14 | +0.332% | $70.6M | $6.7M | 200x | as long as short |
Deribit BCH_USDC-PERPETUAL
SoDEX BCH-USD
Phemex BCHUSDT
GRVT BCH_USDT_Perp
ApeX Omni BCHUSDT
Gate BCH_USDT
Variational Omni BCH
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 268.33 | +0.030% | $237K | $2.0M | 50x | as long as short |
| Kraken Futures PF_BCHUSDshort | −0.0049% | 1h | 268.45 | +0.075% | $867K | $3.1M | 50x | |
| Bitget BCHUSDT | −0.0027% | 8h | 268.58 | +0.123% | $19.4M | $29.6M | 75x | as long as short |
| Bybit BCHUSDT | −0.0026% | 8h | 268.63 | +0.142% | $39.7M | $32.6M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0013% | 8h | 268.50 | +0.093% | $26.1M | $76.3M | 50x | as long as short |
| BingX BCH-USDC | −0.0004% | 8h | 268.61 | +0.134% | — | $6.5M | — | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0003% / S +0.0007% | 1h | 268.35 | +0.038% | $7K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 268.96 | +0.266% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.62 | +0.138% | $1.1M | $11.0M | 2.7x | as long as short |
| Orderly PERP_BCH_USDC | +0.0030% | 8h | 268.15 | −0.037% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.727% | $721 | $130K | 12x | as long as short |
| Nado BCH-PERPlong | +0.0043% | 1h | 268.25 | long leg | $439K | $421K | 10x | |
| BloFin BCH-USDT | +0.0044% | 8h | 268.09 | −0.060% | $3.9M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 268.75 | +0.188% | $370K | $530K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 268.96 | +0.265% | $6.6M | $4.6M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 268.51 | +0.096% | $177K | $666K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 268.74 | +0.184% | $163K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 268.72 | +0.175% | $8.8M | $7.6M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 269.17 | +0.344% | $19K | $291K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 267.99 | −0.097% | $2K | $1.9M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 268.20 | −0.019% | $779K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0334% / S −0.0451% | 1h | 268.32 | +0.027% | $25K | — | 100x | as long as short |
Coinbase International BCH-PERP-INTX
Bitget BCHUSDT
Bybit BCHUSDT
OKX BCH-USDT-SWAP
BingX BCH-USDC
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]