Funding you earn now, next payment 01:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Lighter against gTrade (Gains Network)−0.283%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 0.283% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.283% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$28 on $10k: about 9.9 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) BCH/USD | 268.11 | L 0.0000% / S +0.0007% | pay 0.0000% / 1h | 51m 39s | $4K | — | 150x |
| Short | Lighter BCH | 267.35 | 0.0096 | get 0.0012% / 1h | 51m 39s | $370K | $527K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against gTrade (Gains Network). 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
- $20.06
- Price spread: −0.283% → 0.000%
- −$28.31
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$18.25
- Costs to cover
- 0.100%
- Break-even
- 13.4 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: live order book, 14 min ago. Net counts fees only.
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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 14 min ago | 3.43 bp | 11.7 bp −$12 | 83.8 bp −$838 | 177.8 bp −$17.8K | doesn't fit |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0557% | 1h | 267.45 | −0.246% | $2K | $6K | 10x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0523% | 1h | 267.66 | −0.169% | $452K | $266K | 25x | as long as short |
| Phemex BCHUSDT | −0.0447% | 8h | 267.39 | −0.269% | $4.9M | $6.5M | 50x | as long as short |
| HTX BCH-USDT | −0.0402% | 8h | 267.74 | −0.138% | $771K | $1.6M | 75x | as long as short |
| Gate BCH_USDT | −0.0264% | 8h | 267.55 | −0.209% | $8.4M | $14.1M | 75x | as long as short |
| Variational Omni BCH | −0.0132% | 8h | 268.01 | −0.036% | $82K | $292K | — | as long as short |
| Bybit BCHUSDT | −0.0107% | 8h | 267.30 | −0.302% | $39.4M | $33.1M | 75x | as long as short |
| Nado BCH-PERP | −0.0075% | 1h | 267.75 | −0.135% | $439K | $436K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 267.78 | −0.123% | $223K | $2.1M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 267.72 | −0.146% | $855K | $3.2M | 50x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0043% | 8h | 267.28 | −0.310% | $72.8M | $236.4M | 75x | as long as short |
| Extended BCH-USD | −0.0040% | 1h | 267.29 | −0.305% | $116K | $669K | 25x | as long as short |
| MEXC BCH_USDT | −0.0040% | 8h | 267.61 | −0.186% | $70.1M | $6.6M | 200x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 267.56 | −0.205% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.00 | −0.041% | $1.1M | $11.8M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USDlong | L 0.0000% / S +0.0007% | 1h | 268.11 | long leg | $4K | — | 150x | |
| Bitget BCHUSDT | +0.0012% | 8h | 267.12 | −0.369% | $19.2M | $29.7M | 75x | as long as short |
| GRVT BCH_USDT_Perp | +0.0013% | 8h | 267.95 | −0.061% | $390K | $17K | 10x | as long as short |
| BingX BCH-USDT | +0.0025% | 8h | 267.43 | −0.254% | — | $31.0M | — | as long as short |
| OKX BCH-USDT-SWAP | +0.0025% | 8h | 267.30 | −0.302% | $25.9M | $77.4M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0030% | 8h | 267.60 | −0.190% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.780% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0081% | 8h | 267.94 | −0.063% | $3.9M | $4.3M | 50x | as long as short |
| Lighter BCHshort | +0.0096% | 1h | 267.35 | −0.283% | $370K | $527K | 10x | |
| Hyperliquid BCH | +0.0100% | 1h | 267.68 | −0.160% | $6.0M | $4.4M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 267.37 | −0.276% | $174K | $715K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 267.35 | −0.283% | $163K | $430K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 267.41 | −0.261% | $9.0M | $7.7M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 267.86 | −0.092% | $19K | $290K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 267.95 | −0.060% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 267.66 | −0.168% | $1K | $2.0M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0333% / S −0.0224% | 1h | 268.02 | −0.032% | $31K | — | 100x | as long as short |
gTrade (Gains Network) BCH/USD
Lighter BCH
SoDEX BCH-USD
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
HTX BCH-USDT
Gate BCH_USDT
Variational Omni BCH
Bybit BCHUSDT
Coinbase International BCH-PERP-INTX
Kraken Futures PF_BCHUSD
Binance BCHUSDT
Extended BCH-USD
MEXC BCH_USDT
Kalshi KXBCHPERP
Bitget BCHUSDT
GRVT BCH_USDT_Perp
BingX BCH-USDT
OKX BCH-USDT-SWAP
Injective BCH/USDC PERP
BloFin BCH-USDT
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]