Funding you earn now, next payment 03:00 UTC+0.0200%/8h= +21.9% APRnext payment +$0.25 per $10,000 · paid last 24h +0.020%
Price spread now: Lighter against Extended+0.054%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$330.329% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.096%+$10 · spread now +0.054%, 7d avg +0.064%
=Together, before fees+0.095%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.064%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.001% in total (about -0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.25 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BCH-USD | 266.20 | −0.0104 | get 0.0013% / 1h | 15m 18s | $112K | $957K | 25x |
| Short | Lighter BCH | 266.34 | 0.0096 | get 0.0012% / 1h | 15m 18s | $364K | $482K | 10x |
Extended BCH-USD
Lighter BCHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Extended. 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
- $42
- Price spread: +0.054% → +0.064%
- −$1.05
- Slippage, 4 orders
- −$27.93
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $8.02
- Costs to cover
- 0.329%
- Break-even
- 5.7 days
Slippage from Extended: live order book, 48 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 Extended live order book, 48 min ago | 1.13 bp | 7.3 bp −$7 | 73.7 bp −$737 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 40 min ago | 4.41 bp | 11.9 bp −$12 | 60.2 bp −$602 | 147.5 bp −$14.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BCH-USDT | −0.1236% | 8h | 266.17 | −0.010% | $2K | $1.7M | 30x | as long as short |
| HTX BCH-USDT | −0.0434% | 8h | 266.68 | +0.181% | $775K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0422% | 8h | 266.52 | +0.121% | $4.9M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0297% | 1h | 266.33 | +0.050% | $2K | $8K | 10x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0144% | 1h | 266.44 | +0.091% | $446K | $331K | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0128% | 1h | 266.40 | +0.076% | $224K | $1.8M | 50x | as long as short |
| Nado BCH-PERP | −0.0122% | 1h | 266.29 | +0.034% | $423K | $339K | 10x | as long as short |
| GRVT BCH_USDT_Perp | −0.0120% | 8h | 266.63 | +0.161% | $389K | $17K | 10x | as long as short |
| Extended BCH-USDlong | −0.0104% | 1h | 266.20 | long leg | $112K | $957K | 25x | |
| MEXC BCH_USDT | −0.0104% | 8h | 266.70 | +0.189% | $70.3M | $7.0M | 200x | as long as short |
SunX BCH-USDT
HTX BCH-USDT
Phemex BCHUSDT
SoDEX BCH-USD
Deribit BCH_USDC-PERPETUAL
Coinbase International BCH-PERP-INTX
Nado BCH-PERP
GRVT BCH_USDT_Perp
MEXC BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0104% | 8h | 266.28 | +0.033% | $72.4M | $213.5M | 75x | as long as short |
| Variational Omni BCH | −0.0095% | 8h | 266.60 | +0.151% | $82K | $201K | — | as long as short |
| Gate BCH_USDT | −0.0094% | 8h | 266.36 | +0.061% | $8.3M | $13.3M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0069% | 8h | 266.30 | +0.039% | $25.2M | $74.3M | 50x | as long as short |
| KuCoin BCHUSDTM | −0.0068% | 8h | 266.36 | +0.061% | $8.6M | $7.1M | 75x | as long as short |
| Bitget BCHUSDT | −0.0063% | 8h | 266.24 | +0.016% | $19.2M | $28.1M | 75x | as long as short |
| Bybit BCHUSDT | −0.0039% | 8h | 266.30 | +0.039% | $39.3M | $30.8M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0031% | 1h | 266.59 | +0.149% | $855K | $3.0M | 50x | as long as short |
| BingX BCH-USDC | −0.0030% | 8h | 266.41 | +0.080% | — | $6.5M | — | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 266.47 | +0.104% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 266.60 | +0.151% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 266.81 | +0.230% | $1.1M | $10.2M | 2.7x | as long as short |
| BloFin BCH-USDT | +0.0015% | 8h | 266.65 | +0.170% | $3.9M | $4.2M | 50x | as long as short |
| Pacifica BCH | +0.0021% | 1h | 266.35 | +0.059% | $162K | $321K | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.504% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0034% | 8h | 266.26 | +0.024% | $2K | $176 | 10x | as long as short |
| ApeX Omni BCHUSDT | +0.0044% | 1h | 266.70 | +0.189% | $97K | $227K | 50x | as long as short |
| Lighter BCHshort | +0.0096% | 1h | 266.34 | +0.054% | $364K | $482K | 10x | |
| Hyperliquid BCH | +0.0100% | 1h | 266.56 | +0.136% | $5.7M | $4.7M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 266.56 | +0.135% | $168K | $519K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 266.57 | +0.142% | $19K | $291K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0357% / S −0.0525% | 1h | 266.41 | +0.082% | $25K | — | 100x | as long as short |
Binance BCHUSDT
Variational Omni BCH
Gate BCH_USDT
OKX BCH-USDT-SWAP
KuCoin BCHUSDTM
Bitget BCHUSDT
Bybit BCHUSDT
Kraken Futures PF_BCHUSD
BingX BCH-USDC
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
BloFin BCH-USDT
Pacifica BCH
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
ApeX Omni BCHUSDT
Hyperliquid BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]