Funding you earn now, next payment 04:00 UTC−0.0202%/8h= −22.1% APRpaid last 24h −0.014%
Price spread now: MEXC against Lighter+0.167%7-day average +0.174% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$320.321% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.167%, 7d avg +0.174%
=Together, before fees−0.066%+ Points / potential airdropLighter: Season 3 · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.174%, 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 0.013% in total (about 0.7% a year). A funding rate is set anew for every payment. 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 | Lighter BCH | 263.31 | 0.0096 | pay 0.0012% / 1h | 47m 29s | $360K | $482K | 10x |
| Short | MEXC BCH_USDT | 263.75 | −0.0106 | pay 0.0106% / 8h | 4h 47m | $69.8M | $7.4M | 200x |
Lighter BCH
MEXC BCH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$42.42
- Price spread: +0.167% → +0.174%
- −$0.74
- Slippage, 4 orders
- −$28.06
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$75.22
- Costs to cover
- 0.321%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 2 min ago; MEXC: live order book, 2 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 Lighter live order book, 2 min ago | 6.09 bp | 9.5 bp −$10 | 81.6 bp −$816 | 195.1 bp −$19.5K | doesn't fit |
| Sell MEXC live order book, 2 min ago | 3.03 bp | 5.9 bp −$6 | 15.0 bp −$150 | 45.8 bp −$4,577 | 96.0 bp −$48.0K |
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 | −0.0789% | 8h | 263.38 | +0.027% | $2K | $1.7M | 30x | as long as short |
| SoDEX BCH-USD | −0.0393% | 1h | 263.30 | −0.004% | $2K | $8K | 10x | as long as short |
| HTX BCH-USDT | −0.0340% | 8h | 263.50 | +0.072% | $768K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0317% | 8h | 263.24 | −0.027% | $4.9M | $6.4M | 50x | as long as short |
| Nado BCH-PERP | −0.0206% | 1h | 263.57 | +0.098% | $419K | $338K | 10x | as long as short |
| GRVT BCH_USDT_Perp | −0.0122% | 8h | 263.49 | +0.067% | $384K | $17K | 10x | as long as short |
| Binance BCHUSDT | −0.0107% | 8h | 263.64 | +0.127% | $71.8M | $213.4M | 75x | as long as short |
| MEXC BCH_USDTshort | −0.0106% | 8h | 263.75 | +0.167% | $69.8M | $7.4M | 200x | |
| Extended BCH-USD | −0.0104% | 1h | 263.38 | +0.027% | $111K | $951K | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0104% | 1h | 263.76 | +0.171% | $219K | $1.8M | 50x | as long as short |
SunX BCH-USDT
SoDEX BCH-USD
HTX BCH-USDT
Phemex BCHUSDT
Nado BCH-PERP
GRVT BCH_USDT_Perp
Binance BCHUSDT
Extended BCH-USD
Coinbase International BCH-PERP-INTXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BCH_USDT | −0.0102% | 8h | 263.66 | +0.133% | $8.2M | $13.3M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0095% | 8h | 263.40 | +0.034% | $24.8M | $73.9M | 50x | as long as short |
| KuCoin BCHUSDTM | −0.0093% | 8h | 263.40 | +0.034% | $8.5M | $7.1M | 75x | as long as short |
| Variational Omni BCH | −0.0089% | 8h | 263.90 | +0.226% | $81K | $201K | — | as long as short |
| ApeX Omni BCHUSDT | −0.0086% | 1h | 263.64 | +0.125% | $96K | $228K | 50x | as long as short |
| Bitget BCHUSDT | −0.0077% | 8h | 263.38 | +0.027% | $18.9M | $28.1M | 75x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0042% | 1h | 263.48 | +0.066% | $441K | $331K | 25x | as long as short |
| Bybit BCHUSDT | −0.0034% | 8h | 263.40 | +0.034% | $38.9M | $30.9M | 75x | as long as short |
| BingX BCH-USDC | −0.0025% | 8h | 263.48 | +0.065% | — | $6.5M | — | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 263.63 | +0.123% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 263.55 | +0.091% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 263.76 | +0.171% | $1.0M | $10.2M | 2.7x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0011% | 1h | 263.46 | +0.056% | $844K | $3.0M | 50x | as long as short |
| BloFin BCH-USDT | +0.0015% | 8h | 263.43 | +0.046% | $3.9M | $4.2M | 50x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.617% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0035% | 8h | 263.38 | +0.027% | $2K | $176 | 10x | as long as short |
| Pacifica BCH | +0.0077% | 1h | 263.43 | +0.045% | $160K | $306K | 10x | as long as short |
| Lighter BCHlong | +0.0096% | 1h | 263.31 | long leg | $360K | $482K | 10x | |
| Hyperliquid BCH | +0.0100% | 1h | 263.54 | +0.087% | $5.7M | $4.6M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 263.52 | +0.078% | $166K | $520K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 263.49 | +0.069% | $19K | $291K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0356% / S −0.0525% | 1h | 263.58 | +0.103% | $25K | — | 100x | as long as short |
Gate BCH_USDT
OKX BCH-USDT-SWAP
KuCoin BCHUSDTM
Variational Omni BCH
ApeX Omni BCHUSDT
Bitget BCHUSDT
Deribit BCH_USDC-PERPETUAL
Bybit BCHUSDT
BingX BCH-USDC
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Kraken Futures PF_BCHUSD
BloFin BCH-USDT
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
Pacifica BCH
Hyperliquid BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]