Funding you earn now, next payment 05:00 UTC+0.0185%/8h= +20.3% APRpaid last 24h +0.014%
Price spread now: Lighter against MEXC−0.161%7-day average −0.174% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$340.344% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.161%, 7d avg −0.174%
=Together, before fees+0.060%+ Points / potential airdropLighter: Season 3 · farm board+$6 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 | MEXC BCH_USDT | 265.44 | −0.0089 | get 0.0089% / 8h | 3h 58m | $70.4M | $7.8M | 200x |
| Short | Lighter BCH | 265.01 | 0.0096 | get 0.0012% / 1h | 58m 49s | $357K | $488K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against MEXC. 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
- $38.85
- Price spread: −0.161% → −0.174%
- $1.32
- Slippage, 4 orders
- −$30.39
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $5.79
- Costs to cover
- 0.344%
- Break-even
- 6.0 days
Slippage from MEXC: live order book, 5 min ago; Lighter: live order book, 51 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 MEXC live order book, 5 min ago | 4.15 bp | 6.9 bp −$7 | 14.9 bp −$149 | 45.8 bp −$4,583 | 84.5 bp −$42.2K |
| Sell Lighter live order book, 51 min ago | 6.09 bp | 10.8 bp −$11 | 56.1 bp −$561 | 150.7 bp −$15.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX BCH-USD | −0.0600% | 1h | 264.91 | −0.200% | $2K | $8K | 10x | as long as short |
| SunX BCH-USDT | −0.0349% | 8h | 265.12 | −0.121% | $2K | $1.7M | 30x | as long as short |
| Nado BCH-PERP | −0.0329% | 1h | 265.05 | −0.147% | $430K | $343K | 10x | as long as short |
| Phemex BCHUSDT | −0.0278% | 8h | 265.08 | −0.136% | $4.9M | $6.4M | 50x | as long as short |
| HTX BCH-USDT | −0.0228% | 8h | 265.04 | −0.151% | $773K | $1.4M | 75x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0104% | 1h | 265.18 | −0.098% | $444K | $331K | 25x | as long as short |
| OKX BCH-USDT-SWAP | −0.0100% | 8h | 264.90 | −0.203% | $25.4M | $75.6M | 50x | as long as short |
| Binance BCHUSDT | −0.0089% | 8h | 264.99 | −0.170% | $72.0M | $215.0M | 75x | as long as short |
| MEXC BCH_USDTlong | −0.0089% | 8h | 265.44 | long leg | $70.4M | $7.8M | 200x | |
| Extended BCH-USD | −0.0088% | 1h | 264.78 | −0.247% | $112K | $958K | 25x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BCHUSDTM | −0.0086% | 8h | 265.09 | −0.132% | $8.5M | $7.0M | 75x | as long as short |
| Bitget BCHUSDT | −0.0080% | 8h | 264.95 | −0.185% | $18.9M | $28.2M | 75x | as long as short |
| Variational Omni BCH | −0.0073% | 8h | 265.00 | −0.164% | $81K | $197K | — | as long as short |
| GRVT BCH_USDT_Perp | −0.0064% | 8h | 265.06 | −0.141% | $386K | $17K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0064% | 1h | 265.13 | −0.117% | $221K | $1.8M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0051% | 1h | 265.21 | −0.088% | $853K | $3.0M | 50x | as long as short |
| Gate BCH_USDT | −0.0047% | 8h | 265.04 | −0.151% | $8.3M | $13.5M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 265.23 | −0.080% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 265.16 | −0.105% | $5K | $248 | 10x | as long as short |
| Bybit BCHUSDT | 0.0000% | 8h | 264.91 | −0.200% | $39.1M | $31.1M | 75x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.43 | −0.004% | $1.0M | $10.3M | 2.7x | as long as short |
| BingX BCH-USDT | +0.0005% | 8h | 264.99 | −0.170% | — | $32.1M | — | as long as short |
| BloFin BCH-USDT | +0.0031% | 8h | 265.19 | −0.094% | $3.9M | $4.3M | 50x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.793% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0041% | 8h | 265.02 | −0.158% | $2K | $176 | 10x | as long as short |
| Pacifica BCH | +0.0077% | 1h | 265.23 | −0.081% | $159K | $303K | 10x | as long as short |
| Aster BCHUSDT | +0.0095% | 8h | 265.04 | −0.151% | $152K | $541K | 75x | as long as short |
| Lighter BCHshort | +0.0096% | 1h | 265.01 | −0.161% | $357K | $488K | 10x | |
| Hyperliquid BCH | +0.0100% | 1h | 265.25 | −0.070% | $5.7M | $4.6M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 264.81 | −0.238% | $19K | $290K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 265.16 | −0.105% | $97K | $232K | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0350% / S −0.0506% | 1h | 265.18 | −0.098% | $24K | — | 100x | as long as short |
MEXC BCH_USDT
Lighter BCH
SoDEX BCH-USD
SunX BCH-USDT
Phemex BCHUSDT
HTX BCH-USDT
Deribit BCH_USDC-PERPETUAL
OKX BCH-USDT-SWAP
Binance BCHUSDT
Extended BCH-USD
KuCoin BCHUSDTM
Bitget BCHUSDT
Variational Omni BCH
GRVT BCH_USDT_Perp
Coinbase International BCH-PERP-INTX
Kraken Futures PF_BCHUSD
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
Bybit BCHUSDT
Kalshi KXBCHPERP
BingX BCH-USDT
BloFin BCH-USDT
Injective BCH/USDC PERP
Pacifica BCH
Aster BCHUSDT
Hyperliquid BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
GMX BCH/USD [WBTC.b-USDC]