Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against Pacifica−0.002%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$340.336% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.002%, 7d avg −0.008%
=Together, before fees−0.028%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board−$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica BCH | 266.37 | 0.0100 | pay 0.0013% / 1h | 10m 01s | $162K | $431K | 10x |
| Short | Lighter BCH | 266.37 | 0.0096 | get 0.0012% / 1h | 10m 01s | $367K | $558K | 10x |
Pacifica BCH
Lighter BCHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Pacifica. 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
- −$0.84
- Price spread: −0.002% → −0.008%
- $0.61
- Slippage, 4 orders
- −$25.64
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$33.87
- Costs to cover
- 0.336%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 3 min ago; Lighter: live order book, 60 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 Pacifica live order book, 3 min ago | 2.63 bp | 10.9 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 60 min ago | 3.96 bp | 6.8 bp −$7 | 59.6 bp −$596 | 161.8 bp −$16.2K | 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 | −0.0549% | 1h | 266.46 | +0.032% | $450K | $266K | 25x | as long as short |
| SoDEX BCH-USD | −0.0335% | 1h | 266.26 | −0.042% | $2K | $6K | 10x | as long as short |
| Variational Omni BCH | −0.0136% | 8h | 266.11 | −0.098% | $82K | $292K | — | as long as short |
| Kraken Futures PF_BCHUSD | −0.0126% | 1h | 266.59 | +0.083% | $841K | $3.1M | 50x | as long as short |
| Phemex BCHUSDT | −0.0114% | 8h | 266.33 | −0.016% | $4.9M | $6.5M | 50x | as long as short |
| ApeX Omni BCHUSDT | −0.0108% | 1h | 266.44 | +0.026% | $72K | $214K | 50x | as long as short |
| Bybit BCHUSDT | −0.0079% | 8h | 266.50 | +0.048% | $39.2M | $33.0M | 75x | as long as short |
| Injective BCH/USDC PERP | −0.0054% | 1h | 270.20 | +1.437% | $721 | $130K | 12x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0032% | 1h | 266.58 | +0.078% | $224K | $2.1M | 50x | as long as short |
| Binance BCHUSDT | −0.0024% | 8h | 266.56 | +0.071% | $73.0M | $232.9M | 75x | as long as short |
Deribit BCH_USDC-PERPETUAL
SoDEX BCH-USD
Variational Omni BCH
Kraken Futures PF_BCHUSD
Phemex BCHUSDT
ApeX Omni BCHUSDT
Bybit BCHUSDT
Injective BCH/USDC PERP
Coinbase International BCH-PERP-INTX
Binance BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0024% | 1h | 266.20 | −0.065% | $115K | $652K | 25x | as long as short |
| MEXC BCH_USDT | −0.0024% | 8h | 266.91 | +0.202% | $69.9M | $6.9M | 200x | as long as short |
| Gate BCH_USDT | −0.0002% | 8h | 266.58 | +0.078% | $8.3M | $14.9M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 266.60 | +0.084% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 266.82 | +0.168% | $1.2M | $11.7M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 266.52 | +0.055% | $4K | — | 150x | as long as short |
| Nado BCH-PERP | +0.0019% | 1h | 266.29 | −0.032% | $442K | $435K | 10x | as long as short |
| Bitget BCHUSDT | +0.0020% | 8h | 266.40 | +0.011% | $19.1M | $30.1M | 75x | as long as short |
| GRVT BCH_USDT_Perp | +0.0020% | 8h | 266.24 | −0.050% | $388K | $17K | 10x | as long as short |
| OKX BCH-USDT-SWAP | +0.0028% | 8h | 266.50 | +0.048% | $25.9M | $78.4M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0028% | 8h | 266.28 | −0.035% | $2K | $176 | 10x | as long as short |
| BingX BCH-USDT | +0.0033% | 8h | 266.50 | +0.048% | — | $31.2M | — | as long as short |
| BloFin BCH-USDT | +0.0096% | 8h | 266.06 | −0.117% | $3.9M | $4.2M | 50x | as long as short |
| Lighter BCHshort | +0.0096% | 1h | 266.37 | −0.002% | $367K | $558K | 10x | |
| Hyperliquid BCH | +0.0100% | 1h | 266.86 | +0.183% | $6.0M | $4.5M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 266.33 | −0.015% | $210K | $673K | 75x | as long as short |
| Pacifica BCHlong | +0.0100% | 1h | 266.37 | long leg | $162K | $431K | 10x | |
| KuCoin BCHUSDTM | +0.0100% | 8h | 266.45 | +0.029% | $9.0M | $7.8M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 266.19 | −0.067% | $19K | $290K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 266.28 | −0.035% | $1K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 266.40 | +0.011% | $773K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0332% / S −0.0451% | 1h | 266.53 | +0.060% | $25K | — | 100x | as long as short |
Extended BCH-USD
MEXC BCH_USDT
Gate BCH_USDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Nado BCH-PERP
Bitget BCHUSDT
GRVT BCH_USDT_Perp
OKX BCH-USDT-SWAP
Orderly PERP_BCH_USDC
BingX BCH-USDT
BloFin BCH-USDT
Hyperliquid BCH
Aster BCHUSDT
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]