Funding you earn now, next payment 22:00 UTC−0.0244%/8h= −26.7% APRnext payment −$0.30 per $10,000 · paid last 24h −0.040%
Price spread now: Lighter against GMX+0.010%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX BCH/USD [WBTC.b-USDC] | 268.03 | L +0.0340% / S −0.0467% | pay 0.0042% / 1h | 2m 25s | $26K | — | 100x |
| Short | Lighter BCH | 268.06 | 0.0096 | get 0.0012% / 1h | 2m 25s | $376K | $581K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against GMX. 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
- −$51.16
- Price spread: +0.010% → 0.000%
- $1.01
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$62.15
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Lighter: live order book, 13 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 GMX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 13 min ago | 3.50 bp | 9.1 bp −$9 | 62.2 bp −$622 | 161.4 bp −$16.1K | doesn't fit |
GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0309% | 1h | 267.99 | −0.016% | $438K | $247K | 25x | as long as short |
| Injective BCH/USDC PERP | −0.0304% | 1h | 268.50 | +0.174% | $716 | $110K | 12x | as long as short |
| Phemex BCHUSDT | −0.0175% | 8h | 267.87 | −0.061% | $4.9M | $6.3M | 50x | as long as short |
| SoDEX BCH-USD | −0.0155% | 1h | 267.88 | −0.057% | $2K | $6K | 10x | as long as short |
| Binance BCHUSDT | −0.0091% | 8h | 267.95 | −0.032% | $73.9M | $229.4M | 75x | as long as short |
| MEXC BCH_USDT | −0.0090% | 8h | 268.60 | +0.211% | $71.1M | $6.4M | 200x | as long as short |
| Extended BCH-USD | −0.0088% | 1h | 267.93 | −0.038% | $115K | $653K | 25x | as long as short |
| Variational Omni BCH | −0.0073% | 8h | 267.74 | −0.110% | $85K | $291K | — | as long as short |
| Bitget BCHUSDT | −0.0034% | 8h | 267.94 | −0.035% | $19.9M | $29.0M | 75x | as long as short |
| Gate BCH_USDT | −0.0029% | 8h | 268.05 | +0.006% | $8.4M | $14.5M | 75x | 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 | −0.0024% | 1h | 268.88 | +0.316% | $242K | $2.1M | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0017% | 8h | 267.84 | −0.073% | $390K | $17K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 268.07 | +0.013% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.14 | +0.040% | $1.1M | $11.3M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 268.07 | +0.013% | $4K | — | 150x | as long as short |
| Bybit BCHUSDT | +0.0001% | 8h | 267.81 | −0.084% | $39.3M | $32.2M | 75x | as long as short |
| Orderly PERP_BCH_USDC | +0.0026% | 8h | 267.88 | −0.057% | $2K | $176 | 10x | as long as short |
| BingX BCH-USDC | +0.0029% | 8h | 267.96 | −0.028% | — | $6.5M | — | as long as short |
| BloFin BCH-USDT | +0.0029% | 8h | 267.94 | −0.035% | $4.0M | $4.1M | 50x | as long as short |
| OKX BCH-USDT-SWAP | +0.0032% | 8h | 267.70 | −0.125% | $26.2M | $75.9M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0074% | 1h | 268.17 | +0.050% | $804K | $3.2M | 50x | as long as short |
| Lighter BCHshort | +0.0096% | 1h | 268.06 | +0.010% | $376K | $581K | 10x | |
| Nado BCH-PERP | +0.0100% | 1h | 267.89 | −0.052% | $438K | $425K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 268.25 | +0.081% | $6.0M | $4.1M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 268.15 | +0.043% | $235K | $666K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 268.01 | −0.009% | $169K | $455K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 268.00 | −0.013% | $8.9M | $7.9M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 267.82 | −0.081% | $19K | $289K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 268.05 | +0.006% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 267.74 | −0.110% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 267.76 | −0.102% | $771K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC]long | L +0.0340% / S −0.0467% | 1h | 268.03 | long leg | $26K | — | 100x |
GMX BCH/USD [WBTC.b-USDC]
Lighter BCH
Deribit BCH_USDC-PERPETUAL
Injective BCH/USDC PERP
Phemex BCHUSDT
SoDEX BCH-USD
Binance BCHUSDT
MEXC BCH_USDT
Extended BCH-USD
Variational Omni BCH
Bitget BCHUSDT
Gate BCH_USDT
Coinbase International BCH-PERP-INTX
GRVT BCH_USDT_Perp
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Bybit BCHUSDT
BingX BCH-USDC
BloFin BCH-USDT
OKX BCH-USDT-SWAP
Kraken Futures PF_BCHUSD
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT