Funding you earn now, next payment 00:00 UTC+0.0115%/8h= +12.5% APRpaid last 24h +0.005%
Price spread now: Lighter against Binance+0.047%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$280.281% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now +0.047%, 7d avg +0.011%
=Together, before fees−0.015%+ Points / potential airdropLighter: Season 3 · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.036% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BCHUSDT | 268.82 | −0.0019 | get 0.0019% / 8h | 30m 03s | $74.4M | $229.5M | 75x |
| Short | Lighter BCH | 268.95 | 0.0096 | get 0.0012% / 1h | 30m 03s | $371K | $556K | 10x |
Binance BCHUSDT
Lighter BCHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- $24.05
- Price spread: +0.047% → +0.011%
- $3.61
- Slippage, 4 orders
- −$18.11
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$0.46
- Costs to cover
- 0.281%
- Break-even
- 7.1 days
Slippage from Binance: live order book, 13 min ago; Lighter: live order book, 40 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 Binance live order book, 13 min ago | 0.19 bp | 7.4 bp −$7 | 16.0 bp −$160 | 42.3 bp −$4,227 | doesn't fit |
| Sell Lighter live order book, 40 min ago | 3.96 bp | 6.8 bp −$7 | 59.6 bp −$596 | 161.8 bp −$16.2K | 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 | −0.0352% | 1h | 269.00 | +0.065% | $454K | $266K | 25x | as long as short |
| Phemex BCHUSDT | −0.0148% | 8h | 269.04 | +0.082% | $4.9M | $6.4M | 50x | as long as short |
| Variational Omni BCH | −0.0142% | 8h | 268.92 | +0.037% | $82K | $294K | — | as long as short |
| SoDEX BCH-USD | −0.0136% | 1h | 268.85 | +0.011% | $2K | $6K | 10x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0125% | 1h | 269.15 | +0.125% | $829K | $3.1M | 50x | as long as short |
| Bybit BCHUSDT | −0.0091% | 8h | 268.70 | −0.045% | $39.3M | $32.5M | 75x | as long as short |
| Injective BCH/USDC PERP | −0.0054% | 1h | 270.20 | +0.513% | $721 | $130K | 12x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0032% | 1h | 268.97 | +0.056% | $233K | $2.0M | 50x | as long as short |
| MEXC BCH_USDT | −0.0020% | 8h | 269.43 | +0.227% | $70.5M | $6.7M | 200x | as long as short |
| Binance BCHUSDTlong | −0.0019% | 8h | 268.82 | long leg | $74.4M | $229.5M | 75x |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
Variational Omni BCH
SoDEX BCH-USD
Kraken Futures PF_BCHUSD
Bybit BCHUSDT
Injective BCH/USDC PERP
Coinbase International BCH-PERP-INTX
MEXC BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0016% | 1h | 268.74 | −0.028% | $116K | $652K | 25x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 269.15 | +0.124% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 269.17 | +0.130% | $1.3M | $11.5M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 269.05 | +0.087% | $4K | — | 150x | as long as short |
| Gate BCH_USDT | +0.0007% | 8h | 268.87 | +0.019% | $8.4M | $14.5M | 75x | as long as short |
| Orderly PERP_BCH_USDC | +0.0028% | 8h | 268.89 | +0.026% | $2K | $176 | 10x | as long as short |
| GRVT BCH_USDT_Perp | +0.0030% | 8h | 268.79 | −0.010% | $392K | $17K | 10x | as long as short |
| Bitget BCHUSDT | +0.0031% | 8h | 268.81 | −0.004% | $19.2M | $29.2M | 75x | as long as short |
| BingX BCH-USDC | +0.0040% | 8h | 268.93 | +0.041% | — | $6.5M | — | as long as short |
| OKX BCH-USDT-SWAP | +0.0041% | 8h | 268.70 | −0.045% | $26.3M | $77.6M | 50x | as long as short |
| Lighter BCHshort | +0.0096% | 1h | 268.95 | +0.047% | $371K | $556K | 10x | |
| BloFin BCH-USDT | +0.0100% | 8h | 269.01 | +0.071% | $4.0M | $4.2M | 50x | as long as short |
| Nado BCH-PERP | +0.0100% | 1h | 268.87 | +0.019% | $444K | $425K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.25 | +0.160% | $6.0M | $4.3M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 268.91 | +0.034% | $214K | $671K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 268.95 | +0.048% | $163K | $467K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 269.00 | +0.067% | $9.2M | $7.7M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 268.75 | −0.027% | $19K | $291K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 268.81 | −0.004% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 268.91 | +0.033% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 268.65 | −0.063% | $777K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0334% / S −0.0340% | 1h | 269.03 | +0.078% | $27K | — | 100x | as long as short |
Extended BCH-USD
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Gate BCH_USDT
Orderly PERP_BCH_USDC
GRVT BCH_USDT_Perp
Bitget BCHUSDT
BingX BCH-USDC
OKX BCH-USDT-SWAP
BloFin BCH-USDT
Nado BCH-PERP
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]