Funding you earn now, next payment 05:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.08 per $10,000 · paid last 24h −0.032%
Price spread now: Injective against Lighter+1.862%66s7-day average +0.166% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.193%+$19 on $10k
+Price spread, last 4 days (all we have)−2.855%−$286 · spread now +1.862%, 7d avg +0.166%
=Together, before fees−2.662%+ Points / potential airdropLighter: Season 3 · farm board−$266 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 1.696% dearer against Lighter than usual: you sell high and buy low (spread +1.862% now, against its 7-day average of +0.166%): +$170 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3 months. Mind the row above: over the last 7 days funding on this pair paid +0.193%, so the current rate has only just turned against you. The two prices were read 66 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 | Lighter BCH | 265.26 | 0.0096 | pay 0.0012% / 1h | 31m 49s | $359K | $491K | 10x |
| Short | Injective BCH/USDC PERP | 270.20 | 0.0033 | get 0.0004% / 1h | 31m 49s | $721 | $130K | 12x |
Lighter BCH
Injective BCH/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Lighter. 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
- −$13.16
- Price spread: +1.862% → +0.166%
- $169.6
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $156.42
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 13 min ago; Injective: no order-book sample. 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 Lighter live order book, 13 min ago | 3.11 bp | 5.8 bp −$6 | 58.7 bp −$587 | 160.7 bp −$16.1K | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex BCHUSDT | −0.0257% | 8h | 265.17 | −0.034% | $4.9M | $6.4M | 50x | as long as short |
| HTX BCH-USDT | −0.0224% | 8h | 265.09 | −0.064% | $773K | $1.4M | 75x | as long as short |
| SoDEX BCH-USD | −0.0212% | 1h | 265.18 | −0.030% | $2K | $8K | 10x | as long as short |
| Nado BCH-PERP | −0.0193% | 1h | 265.15 | −0.041% | $431K | $346K | 10x | as long as short |
| SunX BCH-USDT | −0.0190% | 8h | 265.05 | −0.079% | $2K | $1.7M | 30x | as long as short |
| OKX BCH-USDT-SWAP | −0.0087% | 8h | 265.30 | +0.015% | $25.1M | $76.4M | 50x | as long as short |
| KuCoin BCHUSDTM | −0.0084% | 8h | 265.24 | −0.008% | $8.5M | $6.9M | 75x | as long as short |
| Bitget BCHUSDT | −0.0076% | 8h | 265.23 | −0.011% | $19.0M | $28.3M | 75x | as long as short |
| Binance BCHUSDT | −0.0072% | 8h | 265.39 | +0.049% | $72.0M | $215.6M | 75x | as long as short |
| Extended BCH-USD | −0.0072% | 1h | 265.02 | −0.092% | $113K | $956K | 25x | as long as short |
Phemex BCHUSDT
HTX BCH-USDT
SoDEX BCH-USD
Nado BCH-PERP
SunX BCH-USDT
OKX BCH-USDT-SWAP
KuCoin BCHUSDTM
Bitget BCHUSDT
Binance BCHUSDT
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0072% | 8h | 265.63 | +0.139% | $70.3M | $7.9M | 200x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0064% | 1h | 265.72 | +0.173% | $219K | $1.8M | 50x | as long as short |
| Variational Omni BCH | −0.0063% | 8h | 265.10 | −0.059% | $81K | $196K | — | as long as short |
| Kraken Futures PF_BCHUSD | −0.0051% | 1h | 265.41 | +0.055% | $852K | $3.0M | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0044% | 8h | 265.29 | +0.010% | $387K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0024% | 8h | 265.30 | +0.015% | $8.3M | $13.6M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 265.32 | +0.024% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.32 | +0.022% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.50 | +0.090% | $1.0M | $10.4M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 265.38 | +0.046% | $444K | $332K | 25x | as long as short |
| BingX BCH-USDT | +0.0010% | 8h | 265.28 | +0.008% | — | $32.9M | — | as long as short |
| Bybit BCHUSDT | +0.0018% | 8h | 265.30 | +0.015% | $39.1M | $31.2M | 75x | as long as short |
| Injective BCH/USDC PERPshort | +0.0033% | 1h | 270.20 | +1.862% | $721 | $130K | 12x | |
| Orderly PERP_BCH_USDC | +0.0046% | 8h | 265.19 | −0.026% | $2K | $176 | 10x | as long as short |
| BloFin BCH-USDT | +0.0048% | 8h | 265.35 | +0.034% | $3.9M | $4.4M | 50x | as long as short |
| Aster BCHUSDT | +0.0085% | 8h | 265.39 | +0.049% | $150K | $545K | 75x | as long as short |
| Lighter BCHlong | +0.0096% | 1h | 265.26 | long leg | $359K | $491K | 10x | |
| Hyperliquid BCH | +0.0100% | 1h | 265.46 | +0.075% | $5.7M | $4.6M | 10x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 265.26 | +0.001% | $159K | $305K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 265.16 | −0.039% | $31K | $301K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 265.60 | +0.128% | $97K | $234K | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0359% / S −0.0530% | 1h | 265.36 | +0.038% | $25K | — | 100x | as long as short |
MEXC BCH_USDT
Coinbase International BCH-PERP-INTX
Variational Omni BCH
Kraken Futures PF_BCHUSD
GRVT BCH_USDT_Perp
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
BingX BCH-USDT
Bybit BCHUSDT
Orderly PERP_BCH_USDC
BloFin BCH-USDT
Aster BCHUSDT
Hyperliquid BCH
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
GMX BCH/USD [WBTC.b-USDC]