Funding you earn now, next payment 07:00 UTC+0.0047%/8h= +5.2% APRpaid last 24h −0.001%
Price spread now: Lighter against Aster+0.025%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$420.420% of the position
Funding, last 7 days−0.171%−$17 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.025%, 7d avg −0.021%
=Together, before fees−0.198%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board−$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.046% dearer against Aster than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.021%. Mind the row above: over the last 7 days funding on this pair cost −0.171%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BCHUSDT | 264.86 | 0.0049 | pay 0.0049% / 8h | 1h 04m | $137K | $590K | 75x |
| Short | Lighter BCH | 264.93 | 0.0096 | get 0.0012% / 1h | 4m 10s | $353K | $496K | 10x |
Aster BCHUSDT
Lighter BCHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aster. 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
- $9.91
- Price spread: +0.025% → −0.021%
- $4.63
- Slippage, 4 orders
- −$34
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$27.47
- Costs to cover
- 0.420%
- Break-even
- 26.4 days
Slippage from Aster: live order book, 38 min ago; Lighter: live order book, 31 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 Aster live order book, 38 min ago | 5.29 bp | 11.6 bp −$12 | 25.8 bp −$258 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 31 min ago | 4.07 bp | 11.0 bp −$11 | 59.7 bp −$597 | 149.4 bp −$14.9K | 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 | −0.0353% | 1h | 264.83 | −0.011% | $2K | $8K | 10x | as long as short |
| Phemex BCHUSDT | −0.0159% | 8h | 264.89 | +0.012% | $4.9M | $6.6M | 50x | as long as short |
| HTX BCH-USDT | −0.0145% | 8h | 265.03 | +0.064% | $775K | $1.4M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0103% | 1h | 265.05 | +0.071% | $862K | $2.9M | 50x | as long as short |
| Variational Omni BCH | −0.0094% | 8h | 265.40 | +0.205% | $81K | $196K | — | as long as short |
| KuCoin BCHUSDTM | −0.0091% | 8h | 265.06 | +0.076% | $8.5M | $6.6M | 75x | as long as short |
| Bitget BCHUSDT | −0.0078% | 8h | 264.83 | −0.011% | $18.9M | $28.3M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0070% | 8h | 264.90 | +0.015% | $25.3M | $77.8M | 50x | as long as short |
| Bybit BCHUSDT | −0.0069% | 8h | 264.84 | −0.007% | $38.9M | $31.8M | 75x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 264.70 | −0.061% | $111K | $859K | 25x | as long as short |
SoDEX BCH-USD
Phemex BCHUSDT
HTX BCH-USDT
Kraken Futures PF_BCHUSD
Variational Omni BCH
KuCoin BCHUSDTM
Bitget BCHUSDT
OKX BCH-USDT-SWAP
Bybit BCHUSDT
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0046% | 8h | 264.95 | +0.034% | $73.0M | $219.9M | 75x | as long as short |
| MEXC BCH_USDT | −0.0044% | 8h | 265.40 | +0.204% | $70.8M | $8.8M | 200x | as long as short |
| BingX BCH-USDC | −0.0034% | 8h | 264.97 | +0.042% | — | $6.5M | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0026% | 8h | 265.34 | +0.181% | $387K | $17K | 10x | as long as short |
| Nado BCH-PERP | −0.0010% | 1h | 264.95 | +0.035% | $434K | $357K | 10x | as long as short |
| Gate BCH_USDT | −0.0009% | 8h | 264.96 | +0.038% | $8.4M | $13.9M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 265.02 | +0.062% | $15K | — | 150x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0003% | 1h | 265.00 | +0.052% | $441K | $337K | 25x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.25 | +0.147% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.26 | +0.151% | $986K | $10.5M | 2.7x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0008% | 1h | 265.90 | +0.393% | $225K | $1.9M | 50x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.016% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0046% | 8h | 264.89 | +0.012% | $2K | $176 | 10x | as long as short |
| Aster BCHUSDTlong | +0.0049% | 8h | 264.86 | long leg | $137K | $590K | 75x | |
| BloFin BCH-USDT | +0.0076% | 8h | 265.10 | +0.091% | $3.9M | $4.5M | 50x | as long as short |
| Lighter BCHshort | +0.0096% | 1h | 264.93 | +0.025% | $353K | $496K | 10x | |
| Hyperliquid BCH | +0.0100% | 1h | 265.11 | +0.095% | $5.7M | $4.7M | 10x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 265.01 | +0.057% | $159K | $311K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 265.23 | +0.138% | $19K | $344K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 265.33 | +0.178% | $95K | $239K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 264.67 | −0.072% | $2K | $1.7M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0202% / S −0.0147% | 1h | 265.03 | +0.065% | $12K | — | 100x | as long as short |
Binance BCHUSDT
MEXC BCH_USDT
BingX BCH-USDC
GRVT BCH_USDT_Perp
Nado BCH-PERP
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
Deribit BCH_USDC-PERPETUAL
dYdX BCH-USD
Kalshi KXBCHPERP
Coinbase International BCH-PERP-INTX
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
BloFin BCH-USDT
Hyperliquid BCH
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]