Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.022%
Price spread now: Lighter against Nado+0.097%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$270.265% of the position
Funding, last 3 days (all we have)+0.074%+$7 on $10k
+Price spread, last 3 days (all we have)−0.217%−$22 · spread now +0.097%, 7d avg +0.022%
=Together, before fees−0.143%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board−$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.075% dearer against Nado than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado BCH-PERP | 271.56 | 0.0100 | pay 0.0012% / 1h | 38m 06s | $446K | $427K | 10x |
| Short | Lighter BCH | 271.83 | 0.0096 | get 0.0012% / 1h | 38m 06s | $380K | $584K | 10x |
Nado BCH-PERP
Lighter BCHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Nado. 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
- −$0.79
- Price spread: +0.097% → +0.022%
- $7.53
- Slippage, 4 orders
- −$19.53
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$19.79
- Costs to cover
- 0.265%
- Break-even
- never at this rate
Slippage from Nado: live order book, 45 min ago; Lighter: live order book, 37 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 Nado live order book, 45 min ago | 0.19 bp | 7.0 bp −$7 | 22.5 bp −$225 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 37 min ago | 3.50 bp | 9.1 bp −$9 | 62.2 bp −$622 | 161.4 bp −$16.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0712% | 1h | 271.92 | +0.131% | $461K | $265K | 25x | as long as short |
| Phemex BCHUSDT | −0.0211% | 8h | 271.98 | +0.153% | $5.0M | $6.3M | 50x | as long as short |
| Injective BCH/USDC PERP | −0.0154% | 1h | 270.20 | −0.503% | $721 | $130K | 12x | as long as short |
| Variational Omni BCH | −0.0072% | 8h | 271.92 | +0.130% | $87K | $291K | — | as long as short |
| Extended BCH-USD | −0.0064% | 1h | 271.67 | +0.040% | $117K | $653K | 25x | as long as short |
| SoDEX BCH-USD | −0.0063% | 1h | 271.81 | +0.090% | $2K | $6K | 10x | as long as short |
| MEXC BCH_USDT | −0.0061% | 8h | 272.35 | +0.289% | $71.6M | $6.4M | 200x | as long as short |
| Binance BCHUSDT | −0.0061% | 8h | 271.64 | +0.027% | $75.6M | $232.7M | 75x | as long as short |
| Gate BCH_USDT | −0.0016% | 8h | 271.74 | +0.064% | $8.4M | $14.7M | 75x | as long as short |
| Bybit BCHUSDT | −0.0008% | 8h | 271.56 | −0.002% | $39.7M | $32.8M | 75x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
Injective BCH/USDC PERP
Variational Omni BCH
Extended BCH-USD
SoDEX BCH-USD
MEXC BCH_USDT
Binance BCHUSDT
Gate BCH_USDT
Bybit BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BCHUSDT | −0.0008% | 8h | 271.73 | +0.061% | $20.1M | $29.1M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 271.84 | +0.100% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 271.92 | +0.131% | $1.1M | $11.6M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 271.97 | +0.149% | $5K | — | 150x | as long as short |
| GRVT BCH_USDT_Perp | +0.0014% | 8h | 271.94 | +0.137% | $396K | $17K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0016% | 1h | 272.31 | +0.274% | $235K | $2.1M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0026% | 8h | 271.91 | +0.127% | $2K | $176 | 10x | as long as short |
| BingX BCH-USDC | +0.0058% | 8h | 271.70 | +0.050% | — | $6.5M | — | as long as short |
| BloFin BCH-USDT | +0.0059% | 8h | 271.55 | −0.006% | $4.0M | $4.2M | 50x | as long as short |
| OKX BCH-USDT-SWAP | +0.0064% | 8h | 271.60 | +0.013% | $26.2M | $78.4M | 50x | as long as short |
| Lighter BCHshort | +0.0096% | 1h | 271.83 | +0.097% | $380K | $584K | 10x | |
| Nado BCH-PERPlong | +0.0100% | 1h | 271.56 | long leg | $446K | $427K | 10x | |
| Hyperliquid BCH | +0.0100% | 1h | 271.93 | +0.134% | $6.1M | $4.2M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 271.86 | +0.109% | $222K | $700K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 271.67 | +0.039% | $165K | $468K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 271.85 | +0.105% | $9.2M | $8.0M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 271.96 | +0.145% | $19K | $289K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 272.03 | +0.171% | $74K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 271.56 | −0.002% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 271.73 | +0.061% | $788K | $1.7M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0112% | 1h | 271.97 | +0.147% | $812K | $3.2M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0342% / S −0.0467% | 1h | 272.19 | +0.229% | $26K | — | 100x | as long as short |
Bitget BCHUSDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
GRVT BCH_USDT_Perp
Coinbase International BCH-PERP-INTX
Orderly PERP_BCH_USDC
BingX BCH-USDC
BloFin BCH-USDT
OKX BCH-USDT-SWAP
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]