Funding you earn now, next payment 05:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%
Price spread now: Lighter against dYdX−0.070%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 0.070% cheaper against dYdX than usual: you would sell low and buy high (spread −0.070% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.4 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX BCH-USD | 263.96 | 0 | get 0.0000% / 1h | 10m 36s | $5K | $248 | 10x |
| Short | Lighter BCH | 263.77 | 0.0096 | get 0.0012% / 1h | 10m 36s | $354K | $495K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against dYdX. 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
- $20.16
- Price spread: −0.070% → 0.000%
- −$7.01
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $3.15
- Costs to cover
- 0.100%
- Break-even
- 5.9 days
Slippage unknown: dYdX: no order-book sample; Lighter: live order book, 34 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 34 min ago | 3.11 bp | 9.5 bp −$10 | 62.3 bp −$623 | 168.3 bp −$16.8K | doesn't fit |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0299% | 1h | 263.85 | −0.042% | $2K | $8K | 10x | as long as short |
| HTX BCH-USDT | −0.0239% | 8h | 263.90 | −0.023% | $769K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0227% | 8h | 263.83 | −0.049% | $4.9M | $6.4M | 50x | as long as short |
| Nado BCH-PERP | −0.0180% | 1h | 263.70 | −0.098% | $428K | $347K | 10x | as long as short |
| SunX BCH-USDT | −0.0157% | 8h | 263.73 | −0.087% | $2K | $1.7M | 30x | as long as short |
| KuCoin BCHUSDTM | −0.0100% | 8h | 263.89 | −0.026% | $8.5M | $6.8M | 75x | as long as short |
| Bitget BCHUSDT | −0.0093% | 8h | 263.54 | −0.159% | $18.8M | $28.3M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0087% | 8h | 263.40 | −0.212% | $25.1M | $76.0M | 50x | as long as short |
| Binance BCHUSDT | −0.0066% | 8h | 263.75 | −0.080% | $71.6M | $216.0M | 75x | as long as short |
| MEXC BCH_USDT | −0.0066% | 8h | 264.22 | +0.099% | $69.9M | $7.9M | 200x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0064% | 1h | 263.49 | −0.179% | $112K | $1.1M | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0064% | 1h | 263.84 | −0.045% | $217K | $1.8M | 50x | as long as short |
| Variational Omni BCH | −0.0061% | 8h | 263.70 | −0.098% | $81K | $196K | — | as long as short |
| Kraken Futures PF_BCHUSD | −0.0051% | 1h | 264.13 | +0.066% | $854K | $3.0M | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0044% | 8h | 264.39 | +0.163% | $385K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0038% | 8h | 263.72 | −0.091% | $8.3M | $13.7M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 264.02 | +0.024% | $15K | — | 150x | as long as short |
| dYdX BCH-USDlong | 0.0000% | 1h | 263.96 | long leg | $5K | $248 | 10x | |
| Kalshi KXBCHPERP | 0.0000% | 8h | 263.93 | −0.011% | $991K | $10.4M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 264.02 | +0.021% | $442K | $331K | 25x | as long as short |
| Bybit BCHUSDT | +0.0008% | 8h | 263.61 | −0.133% | $38.9M | $31.3M | 75x | as long as short |
| BingX BCH-USDT | +0.0010% | 8h | 263.63 | −0.125% | — | $32.9M | — | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.364% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0046% | 8h | 263.87 | −0.034% | $2K | $176 | 10x | as long as short |
| BloFin BCH-USDT | +0.0054% | 8h | 263.96 | 0.000% | $3.9M | $4.4M | 50x | as long as short |
| Aster BCHUSDT | +0.0082% | 8h | 263.77 | −0.072% | $150K | $549K | 75x | as long as short |
| Lighter BCHshort | +0.0096% | 1h | 263.77 | −0.070% | $354K | $495K | 10x | |
| Hyperliquid BCH | +0.0100% | 1h | 263.95 | −0.004% | $5.7M | $4.6M | 10x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 263.73 | −0.086% | $159K | $305K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 264.28 | +0.120% | $18K | $320K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 264.45 | +0.186% | $96K | $234K | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0232% / S −0.0180% | 1h | 264.06 | +0.039% | $12K | — | 100x | as long as short |
Lighter BCH
SoDEX BCH-USD
HTX BCH-USDT
Phemex BCHUSDT
SunX BCH-USDT
KuCoin BCHUSDTM
Bitget BCHUSDT
OKX BCH-USDT-SWAP
Binance BCHUSDT
MEXC BCH_USDT
Extended BCH-USD
Coinbase International BCH-PERP-INTX
Variational Omni BCH
Kraken Futures PF_BCHUSD
GRVT BCH_USDT_Perp
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Bybit BCHUSDT
BingX BCH-USDT
Injective BCH/USDC PERP
BloFin BCH-USDT
Aster BCHUSDT
Hyperliquid BCH
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
GMX BCH/USD [WBTC.b-USDC]