Funding you earn now, next payment 23:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h −0.001%
Price spread now: Lighter against BingX+0.032%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$390.392% of the position
Funding, last 7 days−0.132%−$13 on $10k
+Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.032%, 7d avg +0.005%
=Together, before fees−0.125%+ Points / potential airdropLighter: Season 3 · farm board−$13 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 0.027% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.005%. Mind the row above: over the last 7 days funding on this pair cost −0.132%, 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 | BingX BCH-USDC | 269.98 | 0.0076 | pay 0.0076% / 8h | 1h 17m | — | $6.5M | — |
| Short | Lighter BCH | 270.07 | 0.0096 | get 0.0012% / 1h | 17m 11s | $378K | $587K | 10x |
BingX BCH-USDC
Lighter BCHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BingX. 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
- $4.2
- Price spread: +0.032% → +0.005%
- $2.72
- Slippage, 4 orders
- −$29.21
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$32.3
- Costs to cover
- 0.392%
- Break-even
- 60.8 days
Slippage from BingX: live order book, 8 min ago; Lighter: live order book, 58 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 BingX live order book, 8 min ago | 1.29 bp | 13.2 bp −$13 | 29.2 bp −$292 | 108.4 bp −$10.8K | 377.7 bp −$188.9K |
| Sell Lighter live order book, 58 min ago | 3.50 bp | 9.1 bp −$9 | 62.2 bp −$622 | 161.4 bp −$16.1K | 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 | −0.0730% | 1h | 270.05 | +0.027% | $458K | $265K | 25x | as long as short |
| Phemex BCHUSDT | −0.0186% | 8h | 270.02 | +0.015% | $4.9M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0155% | 1h | 269.97 | −0.004% | $2K | $6K | 10x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 270.20 | +0.081% | $721 | $130K | 12x | as long as short |
| Variational Omni BCH | −0.0110% | 8h | 270.72 | +0.273% | $83K | $294K | — | as long as short |
| Bybit BCHUSDT | −0.0057% | 8h | 269.76 | −0.081% | $39.4M | $33.0M | 75x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 269.85 | −0.046% | $117K | $653K | 25x | as long as short |
| MEXC BCH_USDT | −0.0046% | 8h | 270.54 | +0.207% | $70.9M | $6.6M | 200x | as long as short |
| Binance BCHUSDT | −0.0046% | 8h | 269.96 | −0.009% | $75.1M | $234.0M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 270.46 | +0.179% | $5K | $248 | 10x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
SoDEX BCH-USD
Injective BCH/USDC PERP
Variational Omni BCH
Bybit BCHUSDT
Extended BCH-USD
MEXC BCH_USDT
Binance BCHUSDT
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 | 270.60 | +0.230% | $1.3M | $11.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 270.15 | +0.063% | $4K | — | 150x | as long as short |
| Gate BCH_USDT | +0.0003% | 8h | 270.13 | +0.056% | $8.4M | $14.9M | 75x | as long as short |
| Bitget BCHUSDT | +0.0013% | 8h | 269.92 | −0.022% | $19.5M | $29.4M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 270.97 | +0.367% | $243K | $2.1M | 50x | as long as short |
| GRVT BCH_USDT_Perp | +0.0020% | 8h | 270.72 | +0.276% | $395K | $17K | 10x | as long as short |
| Orderly PERP_BCH_USDC | +0.0024% | 8h | 269.95 | −0.011% | $2K | $176 | 10x | as long as short |
| OKX BCH-USDT-SWAP | +0.0067% | 8h | 269.80 | −0.067% | $26.4M | $78.2M | 50x | as long as short |
| BloFin BCH-USDT | +0.0074% | 8h | 269.98 | 0.000% | $4.0M | $4.2M | 50x | as long as short |
| BingX BCH-USDClong | +0.0076% | 8h | 269.98 | long leg | — | $6.5M | — | |
| Lighter BCHshort | +0.0096% | 1h | 270.07 | +0.032% | $378K | $587K | 10x | |
| Nado BCH-PERP | +0.0097% | 1h | 270.09 | +0.042% | $443K | $428K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 270.42 | +0.163% | $6.0M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 270.08 | +0.038% | $218K | $703K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 270.27 | +0.107% | $164K | $467K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 270.11 | +0.048% | $9.3M | $8.0M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 270.71 | +0.271% | $19K | $290K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 271.00 | +0.378% | $73K | $213K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 269.80 | −0.067% | $1K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 270.08 | +0.037% | $777K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0113% | 1h | 270.28 | +0.111% | $818K | $3.2M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0342% / S −0.0467% | 1h | 270.16 | +0.067% | $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
Nado BCH-PERP
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]