Funding arb · Price arb /

BCH

all BCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0029%/8h= +3.2% APRpaid last 24h −0.022%

Price spread now: Lighter against BloFin+0.021%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$390.393% of the position

Long on BloFin Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.262%−$26 on $10k

Price spread, last 3 days (all we have)−0.001%$0 · spread now +0.021%, 7d avg +0.010%

Together, before fees−0.263%+ Points / potential airdropLighter: Season 3 · farm board−$26 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.262%, 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	BloFin BCH-USDT	267.33	0.0067	pay 0.0067% / 8h	7h 39m	$3.9M	$4.2M	50x
Short	Lighter BCH	267.39	0.0096	get 0.0012% / 1h	39m 13s	$368K	$529K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee LighterbpOrdersPrice spread, now +0.021%Rate

Funding earned: $6.05
Price spread: +0.021% → +0.010%: $1.12
Slippage, 4 orders: −$27.26
Fee BloFin: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$32.09
Costs to cover: 0.393%
Break-even: 44.2 days

Slippage from BloFin: live order book, 4 min ago; Lighter: live order book, 26 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 BloFin live order book, 4 min ago	3.55 bp	11.0 bp −$11	18.9 bp −$189	41.9 bp −$4,195	doesn't fit
Sell Lighter live order book, 26 min ago	3.43 bp	11.7 bp −$12	83.8 bp −$838	177.8 bp −$17.8K	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	−0.0624%	1h	267.43	+0.039%	$452K	$266K	25x	as long as short
Phemex BCHUSDT	−0.0592%	8h	267.35	+0.007%	$4.9M	$6.5M	50x	as long as short
SoDEX BCH-USD	−0.0575%	1h	267.35	+0.007%	$2K	$6K	10x	as long as short
HTX BCH-USDT	−0.0389%	8h	267.55	+0.082%	$774K	$1.6M	75x	as long as short
Gate BCH_USDT	−0.0205%	8h	267.53	+0.075%	$8.4M	$14.2M	75x	as long as short
GRVT BCH_USDT_Perp	−0.0196%	8h	267.99	+0.248%	$390K	$17K	10x	as long as short
ApeX Omni BCHUSDT	−0.0160%	1h	267.81	+0.180%	$73K	$215K	50x	as long as short
Variational Omni BCH	−0.0130%	8h	267.81	+0.179%	$82K	$285K	—	as long as short
Bybit BCHUSDT	−0.0093%	8h	267.36	+0.011%	$39.5M	$32.6M	75x	as long as short
Extended BCH-USD	−0.0056%	1h	267.28	−0.020%	$116K	$871K	25x	as long as short

Show 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	267.68	+0.131%	$225K	$2.0M	50x	as long as short
Binance BCHUSDT	−0.0053%	8h	267.34	+0.004%	$72.5M	$230.6M	75x	as long as short
MEXC BCH_USDT	−0.0050%	8h	268.01	+0.254%	$70.2M	$6.6M	200x	as long as short
Kraken Futures PF_BCHUSD	−0.0049%	1h	267.52	+0.072%	$854K	$3.1M	50x	as long as short
Bitget BCHUSDT	−0.0007%	8h	267.33	0.000%	$19.2M	$29.4M	75x	as long as short
Nado BCH-PERP	−0.0006%	1h	267.66	+0.123%	$439K	$421K	10x	as long as short
dYdX BCH-USD	0.0000%	1h	268.22	+0.334%	$5K	$248	10x	as long as short
Kalshi KXBCHPERP	0.0000%	8h	268.05	+0.269%	$1.1M	$10.8M	2.7x	as long as short
gTrade (Gains Network) BCH/USD	L 0.0000% / S +0.0007%	1h	267.75	+0.157%	$4K	—	150x	as long as short
OKX BCH-USDT-SWAP	+0.0021%	8h	267.40	+0.026%	$25.9M	$76.6M	50x	as long as short
BingX BCH-USDT	+0.0025%	8h	267.44	+0.041%	—	$31.2M	—	as long as short
Orderly PERP_BCH_USDC	+0.0030%	8h	267.37	+0.015%	$2K	$176	10x	as long as short
Injective BCH/USDC PERP	+0.0033%	1h	270.20	+1.074%	$721	$130K	12x	as long as short
BloFin BCH-USDTlong	+0.0067%	8h	267.33	long leg	$3.9M	$4.2M	50x
Lighter BCHshort	+0.0096%	1h	267.39	+0.021%	$368K	$529K	10x
Hyperliquid BCH	+0.0100%	1h	268.10	+0.288%	$6.0M	$4.4M	10x	as long as short
Aster BCHUSDT	+0.0100%	8h	267.97	+0.239%	$177K	$666K	75x	as long as short
Pacifica BCH	+0.0100%	1h	267.98	+0.243%	$163K	$407K	10x	as long as short
KuCoin BCHUSDTM	+0.0100%	8h	267.51	+0.067%	$9.0M	$7.6M	75x	as long as short
edgeX BCHUSDC	+0.0100%	4h	267.78	+0.170%	$19K	$290K	20x	as long as short
SunX BCH-USDT	+0.0100%	8h	267.24	−0.034%	$2K	$1.9M	30x	as long as short
GMX BCH/USD [WBTC.b-USDC]	L +0.0333% / S −0.0224%	1h	267.69	+0.134%	$31K	—	100x	as long as short