Settings8H · net · $10k
Funding arb · Price arb /

BCH

all BCH markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BCH_USDT265.44−0.0089get 0.0089% / 8h3h 58m$70.4M$7.8M200x
ShortLighter BCH265.010.0096get 0.0012% / 1h58m 49s$357K$488K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 5 min ago4.15 bp6.9 bp −$714.9 bp −$14945.8 bp −$4,58384.5 bp −$42.2K
Sell Lighter live order book, 51 min ago6.09 bp10.8 bp −$1156.1 bp −$561150.7 bp −$15.1Kdoesn't fit

BCH on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX BCH-USD−0.0600%1h264.91−0.200%$2K$8K10xas long as short
SunX BCH-USDT−0.0349%8h265.12−0.121%$2K$1.7M30xas long as short
Nado BCH-PERP−0.0329%1h265.05−0.147%$430K$343K10xas long as short
Phemex BCHUSDT−0.0278%8h265.08−0.136%$4.9M$6.4M50xas long as short
HTX BCH-USDT−0.0228%8h265.04−0.151%$773K$1.4M75xas long as short
Deribit BCH_USDC-PERPETUAL−0.0104%1h265.18−0.098%$444K$331K25xas long as short
OKX BCH-USDT-SWAP−0.0100%8h264.90−0.203%$25.4M$75.6M50xas long as short
Binance BCHUSDT−0.0089%8h264.99−0.170%$72.0M$215.0M75xas long as short
MEXC BCH_USDTlong−0.0089%8h265.44long leg$70.4M$7.8M200x
Extended BCH-USD−0.0088%1h264.78−0.247%$112K$958K25xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BCHUSDTM−0.0086%8h265.09−0.132%$8.5M$7.0M75xas long as short
Bitget BCHUSDT−0.0080%8h264.95−0.185%$18.9M$28.2M75xas long as short
Variational Omni BCH−0.0073%8h265.00−0.164%$81K$197Kas long as short
GRVT BCH_USDT_Perp−0.0064%8h265.06−0.141%$386K$17K10xas long as short
Coinbase International BCH-PERP-INTX−0.0064%1h265.13−0.117%$221K$1.8M50xas long as short
Kraken Futures PF_BCHUSD−0.0051%1h265.21−0.088%$853K$3.0M50xas long as short
Gate BCH_USDT−0.0047%8h265.04−0.151%$8.3M$13.5M75xas long as short
gTrade (Gains Network) BCH/USDL −0.0004% / S +0.0007%1h265.23−0.080%$15K150xas long as short
dYdX BCH-USD0.0000%1h265.16−0.105%$5K$24810xas long as short
Bybit BCHUSDT0.0000%8h264.91−0.200%$39.1M$31.1M75xas long as short
Kalshi KXBCHPERP0.0000%8h265.43−0.004%$1.0M$10.3M2.7xas long as short
BingX BCH-USDT+0.0005%8h264.99−0.170%$32.1Mas long as short
BloFin BCH-USDT+0.0031%8h265.19−0.094%$3.9M$4.3M50xas long as short
Injective BCH/USDC PERP+0.0033%1h270.20+1.793%$721$130K12xas long as short
Orderly PERP_BCH_USDC+0.0041%8h265.02−0.158%$2K$17610xas long as short
Pacifica BCH+0.0077%1h265.23−0.081%$159K$303K10xas long as short
Aster BCHUSDT+0.0095%8h265.04−0.151%$152K$541K75xas long as short
Lighter BCHshort+0.0096%1h265.01−0.161%$357K$488K10x
Hyperliquid BCH+0.0100%1h265.25−0.070%$5.7M$4.6M10xas long as short
edgeX BCHUSDC+0.0100%4h264.81−0.238%$19K$290K20xas long as short
ApeX Omni BCHUSDT+0.0100%1h265.16−0.105%$97K$232K50xas long as short
GMX BCH/USD [WBTC.b-USDC]L +0.0350% / S −0.0506%1h265.18−0.098%$24K100xas long as short