Funding you earn now, next payment 09:00 UTC−0.0072%/8h= −7.9% APRpaid last 24h −0.022%
Price spread now: Gate against Lighter+0.009%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$450.446% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.009%, 7d avg −0.002%
=Together, before fees−0.067%+ Points / potential airdropLighter: Season 3 · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: −$2 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 | 268.11 | 0.0096 | pay 0.0012% / 1h | 44m 57s | $375K | $492K | 10x |
| Short | Gate BCH_USDT | 268.13 | 0.0024 | get 0.0024% / 8h | 7h 44m | $8.4M | $12.9M | 75x |
Lighter BCH
Gate BCH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$15.12
- Price spread: +0.009% → −0.002%
- $1.06
- Slippage, 4 orders
- −$29.62
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$58.67
- Costs to cover
- 0.446%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 45 min ago; Gate: live order book, 4 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, 45 min ago | 3.74 bp | 7.2 bp −$7 | 53.6 bp −$536 | 153.3 bp −$15.3K | doesn't fit |
| Sell Gate live order book, 4 min ago | 2.42 bp | 13.9 bp −$14 | 18.5 bp −$185 | 57.2 bp −$5,721 | 81.8 bp −$40.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex BCHUSDT | −0.0341% | 8h | 268.01 | −0.036% | $5.0M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0323% | 1h | 267.99 | −0.043% | $2K | $8K | 10x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0175% | 1h | 268.14 | +0.015% | $421K | $359K | 25x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0157% | 1h | 268.29 | +0.067% | $871K | $2.7M | 50x | as long as short |
| Variational Omni BCH | −0.0130% | 8h | 268.11 | 0.000% | $149K | $262K | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0083% | 8h | 267.90 | −0.077% | $25.4M | $78.7M | 50x | as long as short |
| KuCoin BCHUSDTM | −0.0072% | 8h | 268.12 | +0.005% | $8.6M | $6.2M | 75x | as long as short |
| Bitget BCHUSDT | −0.0069% | 8h | 267.93 | −0.066% | $19.3M | $27.1M | 75x | as long as short |
| Extended BCH-USD | −0.0048% | 1h | 267.86 | −0.091% | $119K | $912K | 25x | as long as short |
| Binance BCHUSDT | −0.0047% | 8h | 268.03 | −0.030% | $74.1M | $216.0M | 75x | as long as short |
Phemex BCHUSDT
SoDEX BCH-USD
Deribit BCH_USDC-PERPETUAL
Kraken Futures PF_BCHUSD
Variational Omni BCH
OKX BCH-USDT-SWAP
KuCoin BCHUSDTM
Bitget BCHUSDT
Extended BCH-USD
Binance BCHUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0044% | 8h | 268.49 | +0.143% | $72.4M | $9.2M | 200x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 268.24 | +0.050% | $15K | — | 150x | as long as short |
| Pacifica BCH | −0.0002% | 1h | 268.18 | +0.027% | $156K | $296K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 268.39 | +0.108% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.39 | +0.106% | $1.0M | $9.1M | 2.7x | as long as short |
| GRVT BCH_USDT_Perp | +0.0006% | 8h | 268.29 | +0.069% | $391K | $17K | 10x | as long as short |
| Aster BCHUSDT | +0.0016% | 8h | 268.05 | −0.022% | $144K | $573K | 75x | as long as short |
| Gate BCH_USDTshort | +0.0024% | 8h | 268.13 | +0.009% | $8.4M | $12.9M | 75x | |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.781% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0045% | 8h | 268.03 | −0.028% | $2K | — | 10x | as long as short |
| Bybit BCHUSDT | +0.0051% | 8h | 268.00 | −0.040% | $39.7M | $32.1M | 75x | as long as short |
| BloFin BCH-USDT | +0.0073% | 8h | 267.93 | −0.066% | $3.6M | $5.0M | 50x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0088% | 1h | 268.46 | +0.132% | $305K | $2.1M | 50x | as long as short |
| Lighter BCHlong | +0.0096% | 1h | 268.11 | long leg | $375K | $492K | 10x | |
| Nado BCH-PERP | +0.0100% | 1h | 268.04 | −0.026% | $430K | $353K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 268.28 | +0.065% | $5.9M | $4.7M | 10x | as long as short |
| BingX BCH-USDT | +0.0100% | 8h | 268.09 | −0.006% | — | $15.2M | — | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 268.14 | +0.012% | $19K | $345K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 268.50 | +0.147% | $97K | $241K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 267.86 | −0.092% | $2K | $1.6M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 268.23 | +0.046% | $780K | $1.4M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0203% / S −0.0147% | 1h | 268.22 | +0.044% | $13K | — | 100x | as long as short |
MEXC BCH_USDT
gTrade (Gains Network) BCH/USD
Pacifica BCH
dYdX BCH-USD
Kalshi KXBCHPERP
GRVT BCH_USDT_Perp
Aster BCHUSDT
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
Bybit BCHUSDT
BloFin BCH-USDT
Coinbase International BCH-PERP-INTX
Nado BCH-PERP
Hyperliquid BCH
BingX BCH-USDT
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]