Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against edgeX+0.821%109s7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$360.362% of the position
Funding, last 7 days−0.192%−$19 on $10k
+Price spread, last 3 days (all we have)−0.903%−$90 · spread now +0.821%, 7d avg +0.022%
=Together, before fees−1.095%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board−$109 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.799% dearer against edgeX than usual: you sell high and buy low, +$80 on $10k if it goes back to its 7-day average of +0.022%. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX BCHUSDC | 268.15 | 0.0100 | pay 0.0050% / 4h | 1h 53m | $19K | $288K | 20x |
| Short | Lighter BCH | 270.35 | 0.0096 | get 0.0012% / 1h | 53m 38s | $379K | $583K | 10x |
edgeX BCHUSDC
Lighter BCHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against edgeX. 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
- −$0.84
- Price spread: +0.821% → +0.022%
- $79.88
- Slippage, 4 orders
- −$27.23
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $42.81
- Costs to cover
- 0.362%
- Break-even
- from the start
Slippage from edgeX: live order book, 29 min ago; Lighter: live order book, 22 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 edgeX live order book, 29 min ago | 7.26 bp | 11.8 bp −$12 | 14.7 bp −$147 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 22 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 | −0.0445% | 1h | 270.42 | +0.848% | $458K | $263K | 25x | as long as short |
| Phemex BCHUSDT | −0.0220% | 8h | 270.30 | +0.804% | $4.9M | $6.3M | 50x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 268.50 | +0.132% | $716 | $110K | 12x | as long as short |
| Extended BCH-USD | −0.0080% | 1h | 270.10 | +0.729% | $117K | $653K | 25x | as long as short |
| Binance BCHUSDT | −0.0076% | 8h | 270.30 | +0.804% | $74.5M | $231.8M | 75x | as long as short |
| MEXC BCH_USDT | −0.0076% | 8h | 270.83 | +1.001% | $71.7M | $6.3M | 200x | as long as short |
| Variational Omni BCH | −0.0071% | 8h | 269.23 | +0.404% | $86K | $291K | — | as long as short |
| Bitget BCHUSDT | −0.0023% | 8h | 270.23 | +0.778% | $20.0M | $29.0M | 75x | as long as short |
| Gate BCH_USDT | −0.0020% | 8h | 270.28 | +0.796% | $8.4M | $14.6M | 75x | as long as short |
| Nado BCH-PERP | −0.0010% | 1h | 270.45 | +0.861% | $444K | $427K | 10x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
Injective BCH/USDC PERP
Extended BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
Variational Omni BCH
Bitget BCHUSDT
Gate BCH_USDT
Nado BCH-PERPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BCH_USDT_Perp | −0.0006% | 8h | 268.37 | +0.085% | $391K | $17K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 270.48 | +0.870% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 270.77 | +0.979% | $1.2M | $11.4M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 270.46 | +0.862% | $4K | — | 150x | as long as short |
| Bybit BCHUSDT | +0.0002% | 8h | 270.23 | +0.778% | $39.7M | $32.5M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 270.47 | +0.867% | $234K | $2.1M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0026% | 8h | 270.35 | +0.822% | $2K | $176 | 10x | as long as short |
| BingX BCH-USDT | +0.0038% | 8h | 270.34 | +0.819% | — | $31.9M | — | as long as short |
| BloFin BCH-USDT | +0.0040% | 8h | 270.82 | +0.998% | $4.0M | $4.2M | 50x | as long as short |
| OKX BCH-USDT-SWAP | +0.0044% | 8h | 270.20 | +0.766% | $26.2M | $77.3M | 50x | as long as short |
| Lighter BCHshort | +0.0096% | 1h | 270.35 | +0.821% | $379K | $583K | 10x | |
| Aster BCHUSDT | +0.0100% | 8h | 270.46 | +0.863% | $221K | $700K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 270.30 | +0.803% | $171K | $455K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 270.42 | +0.848% | $9.0M | $8.0M | 75x | as long as short |
| edgeX BCHUSDClong | +0.0100% | 4h | 268.15 | long leg | $19K | $288K | 20x | |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 268.56 | +0.155% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 270.12 | +0.737% | $1K | $2.0M | 30x | as long as short |
| SoDEX BCH-USD | +0.0100% | 1h | 270.32 | +0.811% | $2K | $6K | 10x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 270.64 | +0.930% | $788K | $1.7M | 75x | as long as short |
| Hyperliquid BCH | +0.0105% | 1h | 270.61 | +0.919% | $6.1M | $4.2M | 10x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0112% | 1h | 270.55 | +0.895% | $809K | $3.2M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0341% / S −0.0467% | 1h | 270.47 | +0.867% | $26K | — | 100x | as long as short |
GRVT BCH_USDT_Perp
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Bybit BCHUSDT
Coinbase International BCH-PERP-INTX
Orderly PERP_BCH_USDC
BingX BCH-USDT
BloFin BCH-USDT
OKX BCH-USDT-SWAP
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
ApeX Omni BCHUSDT
SunX BCH-USDT
SoDEX BCH-USD
HTX BCH-USDT
Hyperliquid BCH
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]