Funding you earn now, next payment 09:00 UTC−0.0038%/8h= −4.1% APRpaid last 24h +0.003%
Price spread now: Kraken Futures against Variational Omni+0.162%7-day average +0.083% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.224%−$22 · spread now +0.162%, 7d avg +0.083%
=Together, before fees−0.224%+ Points / potential airdropVariational Omni: Active · farm board−$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.079% dearer against Variational Omni than usual: you sell high and buy low (spread +0.162% now, against its 7-day average of +0.083%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.9 days. At the pace of the last 4 days (0.000% in total) that is about years.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BCH | 270.00 | −0.0119 | get 0.0119% / 8h | 7h 00m | $147K | $259K | — |
| Short | Kraken Futures PF_BCHUSD | 270.44 | −0.0156 | pay 0.0020% / 1h | 0m 28s | $886K | $2.7M | 50x |
Variational Omni BCH
Kraken Futures PF_BCHUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Variational Omni. 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
- −$7.91
- Price spread: +0.162% → +0.083%
- $7.85
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$10.06
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 33 min ago; 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 Variational Omni RFQ quote, 33 min ago | 5.99 bp | doesn't fit | 36.2 bp −$362 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 5.00 bp | 19.7 bp −$20 | 36.3 bp −$363 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX BCH-USD | −0.0392% | 1h | 270.25 | +0.093% | $2K | $8K | 10x | as long as short |
| Phemex BCHUSDT | −0.0344% | 8h | 270.17 | +0.063% | $5.0M | $6.5M | 50x | as long as short |
| Kraken Futures PF_BCHUSDshort | −0.0156% | 1h | 270.44 | +0.162% | $886K | $2.7M | 50x | |
| GRVT BCH_USDT_Perp | −0.0132% | 8h | 269.61 | −0.145% | $393K | $17K | 10x | as long as short |
| Variational Omni BCHlong | −0.0119% | 8h | 270.00 | long leg | $147K | $259K | — | |
| OKX BCH-USDT-SWAP | −0.0109% | 8h | 270.00 | 0.000% | $25.6M | $76.8M | 50x | as long as short |
| Extended BCH-USD | −0.0064% | 1h | 269.92 | −0.028% | $121K | $921K | 25x | as long as short |
| MEXC BCH_USDT | −0.0061% | 8h | 270.63 | +0.233% | $72.9M | $9.5M | 200x | as long as short |
| Binance BCHUSDT | −0.0060% | 8h | 270.01 | +0.004% | $74.1M | $205.0M | 75x | as long as short |
| Bitget BCHUSDT | −0.0057% | 8h | 270.05 | +0.019% | $19.4M | $27.1M | 75x | as long as short |
SoDEX BCH-USD
Phemex BCHUSDT
GRVT BCH_USDT_Perp
OKX BCH-USDT-SWAP
Extended BCH-USD
MEXC BCH_USDT
Binance BCHUSDT
Bitget BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BCHUSDTM | −0.0046% | 8h | 270.12 | +0.044% | $8.5M | $6.0M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 270.16 | +0.059% | $15K | — | 150x | as long as short |
| Pacifica BCH | −0.0002% | 1h | 270.18 | +0.066% | $157K | $286K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 270.22 | +0.082% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 270.52 | +0.193% | $1.0M | $8.8M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 270.43 | +0.160% | $425K | $356K | 25x | as long as short |
| BingX BCH-USDC | +0.0004% | 8h | 270.06 | +0.022% | — | $6.5M | — | as long as short |
| Aster BCHUSDT | +0.0021% | 8h | 270.02 | +0.007% | $150K | $556K | 75x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.074% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0044% | 8h | 269.98 | −0.007% | $2K | $540 | 10x | as long as short |
| Bybit BCHUSDT | +0.0044% | 8h | 270.10 | +0.037% | $40.0M | $31.3M | 75x | as long as short |
| Gate BCH_USDT | +0.0051% | 8h | 270.07 | +0.026% | $8.4M | $13.4M | 75x | as long as short |
| BloFin BCH-USDT | +0.0058% | 8h | 270.00 | 0.000% | $3.6M | $5.2M | 50x | as long as short |
| Nado BCH-PERP | +0.0070% | 1h | 270.03 | +0.010% | $460K | $379K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0088% | 1h | 270.88 | +0.326% | $348K | $2.1M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 270.23 | +0.086% | $395K | $514K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 270.38 | +0.141% | $5.9M | $4.6M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 269.58 | −0.155% | $19K | $346K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 269.86 | −0.052% | $98K | $242K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 270.25 | +0.093% | $2K | $1.5M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 270.06 | +0.022% | $784K | $1.3M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0210% / S −0.0163% | 1h | 270.39 | +0.143% | $13K | — | 100x | as long as short |
KuCoin BCHUSDTM
gTrade (Gains Network) BCH/USD
Pacifica BCH
dYdX BCH-USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
BingX BCH-USDC
Aster BCHUSDT
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
Bybit BCHUSDT
Gate BCH_USDT
BloFin BCH-USDT
Nado BCH-PERP
Coinbase International BCH-PERP-INTX
Lighter BCH
Hyperliquid BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]