Funding you earn now, next payment 09:00 UTC−0.0184%/8h= −20.1% APRpaid last 24h −0.027%
Price spread now: OKX against Lighter−0.048%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$330.327% of the position
Funding, last 7 days+0.065%+$6 on $10k
+Price spread, last 4 days (all we have)−0.058%−$6 · spread now −0.048%, 7d avg −0.035%
=Together, before fees+0.006%+ Points / potential airdropLighter: Season 3 · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.065%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.065% in total (about 3.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BCH | 267.53 | 0.0096 | pay 0.0012% / 1h | 41m 36s | $374K | $492K | 10x |
| Short | OKX BCH-USDT-SWAP | 267.40 | −0.0088 | pay 0.0088% / 8h | 7h 41m | $25.3M | $78.6M | 50x |
Lighter BCH
OKX BCH-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$38.56
- Price spread: −0.048% → −0.035%
- −$1.32
- Slippage, 4 orders
- −$22.74
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$72.62
- Costs to cover
- 0.327%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 48 min ago; OKX: live order book, 2 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, 48 min ago | 3.74 bp | 7.2 bp −$7 | 53.6 bp −$536 | 153.3 bp −$15.3K | doesn't fit |
| Sell OKX live order book, 2 min ago | 1.87 bp | 7.4 bp −$7 | 14.4 bp −$144 | 77.8 bp −$7,776 | 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 | −0.0364% | 1h | 267.60 | +0.027% | $2K | $8K | 10x | as long as short |
| Phemex BCHUSDT | −0.0194% | 8h | 267.62 | +0.034% | $5.0M | $6.5M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0158% | 1h | 267.85 | +0.119% | $870K | $2.7M | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0131% | 8h | 268.07 | +0.202% | $391K | $17K | 10x | as long as short |
| Variational Omni BCH | −0.0130% | 8h | 268.11 | +0.216% | $149K | $262K | — | as long as short |
| OKX BCH-USDT-SWAPshort | −0.0088% | 8h | 267.40 | −0.048% | $25.3M | $78.6M | 50x | |
| KuCoin BCHUSDTM | −0.0075% | 8h | 267.46 | −0.025% | $8.6M | $6.2M | 75x | as long as short |
| Bitget BCHUSDT | −0.0070% | 8h | 267.34 | −0.070% | $19.3M | $27.2M | 75x | as long as short |
| Binance BCHUSDT | −0.0053% | 8h | 267.45 | −0.029% | $73.9M | $216.2M | 75x | as long as short |
| MEXC BCH_USDT | −0.0050% | 8h | 267.99 | +0.173% | $72.0M | $9.2M | 200x | as long as short |
SoDEX BCH-USD
Phemex BCHUSDT
Kraken Futures PF_BCHUSD
GRVT BCH_USDT_Perp
Variational Omni BCH
KuCoin BCHUSDTM
Bitget BCHUSDT
Binance BCHUSDT
MEXC BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0048% | 1h | 267.36 | −0.063% | $119K | $912K | 25x | as long as short |
| Gate BCH_USDT | −0.0044% | 8h | 267.49 | −0.014% | $8.4M | $12.9M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 267.84 | +0.116% | $15K | — | 150x | as long as short |
| Pacifica BCH | −0.0002% | 1h | 267.40 | −0.047% | $155K | $296K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 267.56 | +0.011% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.04 | +0.191% | $1.0M | $9.1M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 267.77 | +0.092% | $421K | $359K | 25x | as long as short |
| Aster BCHUSDT | +0.0011% | 8h | 267.65 | +0.045% | $144K | $573K | 75x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.999% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0045% | 8h | 267.63 | +0.038% | $2K | — | 10x | as long as short |
| Bybit BCHUSDT | +0.0070% | 8h | 267.40 | −0.048% | $39.6M | $32.2M | 75x | as long as short |
| BloFin BCH-USDT | +0.0072% | 8h | 267.82 | +0.109% | $3.6M | $5.0M | 50x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0088% | 1h | 268.36 | +0.311% | $304K | $2.1M | 50x | as long as short |
| Lighter BCHlong | +0.0096% | 1h | 267.53 | long leg | $374K | $492K | 10x | |
| Nado BCH-PERP | +0.0100% | 1h | 267.71 | +0.068% | $430K | $352K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 267.69 | +0.061% | $5.8M | $4.8M | 10x | as long as short |
| BingX BCH-USDC | +0.0100% | 8h | 267.44 | −0.033% | — | $6.5M | — | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 268.07 | +0.204% | $19K | $346K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 268.26 | +0.274% | $97K | $241K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 267.43 | −0.037% | $1K | $1.6M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 267.69 | +0.061% | $780K | $1.4M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0203% / S −0.0147% | 1h | 267.82 | +0.110% | $13K | — | 100x | as long as short |
Extended BCH-USD
Gate BCH_USDT
gTrade (Gains Network) BCH/USD
Pacifica BCH
dYdX BCH-USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
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-USDC
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]