Funding you earn now, next payment 09:00 UTC−0.0152%/8h= −16.6% APRnext payment −$0.19 per $10,000 · paid last 24h −0.032%
Price spread now: Extended against Lighter−0.072%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$320.318% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.079%−$8 · spread now −0.072%, 7d avg −0.063%
=Together, before fees−0.081%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.063%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BCH | 266.28 | 0.0096 | pay 0.0012% / 1h | 31m 33s | $375K | $495K | 10x |
| Short | Extended BCH-USD | 266.09 | −0.0056 | pay 0.0007% / 1h | 31m 33s | $118K | $915K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Lighter. 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
- −$31.92
- Price spread: −0.072% → −0.063%
- −$0.89
- Slippage, 4 orders
- −$26.81
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$64.61
- Costs to cover
- 0.318%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 58 min ago; Extended: live order book, 57 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 Lighter live order book, 58 min ago | 3.74 bp | 7.2 bp −$7 | 53.6 bp −$536 | 153.3 bp −$15.3K | doesn't fit |
| Sell Extended live order book, 57 min ago | 1.13 bp | 7.6 bp −$8 | 60.5 bp −$605 | doesn't fit | 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 | −0.0385% | 1h | 265.98 | −0.112% | $2K | $8K | 10x | as long as short |
| GRVT BCH_USDT_Perp | −0.0180% | 8h | 266.85 | +0.216% | $389K | $17K | 10x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0159% | 1h | 266.25 | −0.011% | $868K | $2.7M | 50x | as long as short |
| Variational Omni BCH | −0.0129% | 8h | 266.91 | +0.235% | $149K | $262K | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0098% | 8h | 266.10 | −0.067% | $25.2M | $78.1M | 50x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0084% | 1h | 266.15 | −0.047% | $418K | $359K | 25x | as long as short |
| Bitget BCHUSDT | −0.0073% | 8h | 266.16 | −0.045% | $19.2M | $27.3M | 75x | as long as short |
| KuCoin BCHUSDTM | −0.0072% | 8h | 266.13 | −0.056% | $8.5M | $6.2M | 75x | as long as short |
| Binance BCHUSDT | −0.0057% | 8h | 266.22 | −0.022% | $73.6M | $216.1M | 75x | as long as short |
| Extended BCH-USDshort | −0.0056% | 1h | 266.09 | −0.072% | $118K | $915K | 25x |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0055% | 8h | 266.66 | +0.143% | $71.6M | $9.3M | 200x | as long as short |
| Gate BCH_USDT | −0.0052% | 8h | 266.16 | −0.045% | $8.3M | $13.0M | 75x | as long as short |
| Phemex BCHUSDT | −0.0029% | 8h | 266.13 | −0.056% | $4.9M | $6.5M | 50x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 266.23 | −0.017% | $15K | — | 150x | as long as short |
| Pacifica BCH | −0.0002% | 1h | 266.17 | −0.040% | $155K | $296K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 266.29 | +0.003% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 266.45 | +0.064% | $1.0M | $9.1M | 2.7x | as long as short |
| Aster BCHUSDT | +0.0004% | 8h | 266.46 | +0.068% | $143K | $574K | 75x | as long as short |
| Bybit BCHUSDT | +0.0023% | 8h | 266.20 | −0.030% | $39.4M | $32.2M | 75x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.473% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0043% | 8h | 266.06 | −0.082% | $2K | — | 10x | as long as short |
| BingX BCH-USDT | +0.0056% | 8h | 266.21 | −0.026% | — | $15.2M | — | as long as short |
| BloFin BCH-USDT | +0.0066% | 8h | 266.27 | −0.003% | $3.5M | $5.1M | 50x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0088% | 1h | 268.36 | +0.782% | $304K | $2.1M | 50x | as long as short |
| Lighter BCHlong | +0.0096% | 1h | 266.28 | long leg | $375K | $495K | 10x | |
| Nado BCH-PERP | +0.0100% | 1h | 266.14 | −0.050% | $427K | $351K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 266.47 | +0.072% | $5.8M | $4.7M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 266.26 | −0.008% | $19K | $345K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 266.30 | +0.008% | $96K | $241K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 265.76 | −0.195% | $2K | $1.6M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 266.39 | +0.042% | $777K | $1.4M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0202% / S −0.0147% | 1h | 266.15 | −0.047% | $12K | — | 100x | as long as short |
Lighter BCH
Extended BCH-USD
SoDEX BCH-USD
GRVT BCH_USDT_Perp
Kraken Futures PF_BCHUSD
Variational Omni BCH
OKX BCH-USDT-SWAP
Deribit BCH_USDC-PERPETUAL
Bitget BCHUSDT
KuCoin BCHUSDTM
Binance BCHUSDT
MEXC BCH_USDT
Gate BCH_USDT
Phemex BCHUSDT
gTrade (Gains Network) BCH/USD
Pacifica BCH
Kalshi KXBCHPERP
Aster BCHUSDT
Bybit BCHUSDT
Injective BCH/USDC PERP
BingX BCH-USDT
BloFin BCH-USDT
Coinbase International BCH-PERP-INTX
Hyperliquid BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]