Funding you earn now, next payment 02:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%
Price spread now: Lighter against dYdX−0.109%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 0.109% cheaper against dYdX than usual: you would sell low and buy high (spread −0.109% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 3.8 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 | dYdX BCH-USD | 265.50 | 0 | get 0.0000% / 1h | 45m 27s | $5K | $248 | 10x |
| Short | Lighter BCH | 265.21 | 0.0096 | get 0.0012% / 1h | 45m 27s | $365K | $478K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against dYdX. 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
- $20.16
- Price spread: −0.109% → 0.000%
- −$10.92
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$0.76
- Costs to cover
- 0.100%
- Break-even
- 7.3 days
Slippage unknown: dYdX: no order-book sample; Lighter: live order book, 15 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 15 min ago | 6.36 bp | 10.3 bp −$10 | 86.3 bp −$863 | 204.3 bp −$20.4K | doesn't fit |
dYdX: 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 | −0.0503% | 1h | 265.45 | −0.018% | $2K | $6K | 10x | as long as short |
| Phemex BCHUSDT | −0.0446% | 8h | 265.39 | −0.040% | $4.9M | $6.5M | 50x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0439% | 1h | 265.56 | +0.023% | $449K | $266K | 25x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0299% | 1h | 265.67 | +0.065% | $850K | $3.1M | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0195% | 8h | 266.22 | +0.271% | $388K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0163% | 8h | 265.25 | −0.093% | $8.3M | $13.2M | 75x | as long as short |
| ApeX Omni BCHUSDT | −0.0156% | 1h | 265.88 | +0.144% | $97K | $227K | 50x | as long as short |
| Variational Omni BCH | −0.0125% | 8h | 265.41 | −0.033% | $81K | $285K | — | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0112% | 1h | 266.10 | +0.227% | $236K | $2.1M | 50x | as long as short |
| Binance BCHUSDT | −0.0088% | 8h | 265.05 | −0.169% | $71.6M | $233.5M | 75x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0088% | 1h | 265.19 | −0.114% | $112K | $965K | 25x | as long as short |
| MEXC BCH_USDT | −0.0088% | 8h | 265.62 | +0.046% | $69.7M | $6.8M | 200x | as long as short |
| Bybit BCHUSDT | −0.0077% | 8h | 265.00 | −0.187% | $39.0M | $33.2M | 75x | as long as short |
| HTX BCH-USDT | −0.0044% | 8h | 265.60 | +0.039% | $776K | $1.6M | 75x | as long as short |
| Bitget BCHUSDT | −0.0033% | 8h | 265.26 | −0.089% | $19.0M | $29.3M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0032% | 8h | 264.90 | −0.225% | $25.8M | $76.4M | 50x | as long as short |
| Nado BCH-PERP | −0.0031% | 1h | 265.15 | −0.129% | $433K | $425K | 10x | as long as short |
| BingX BCH-USDC | −0.0021% | 8h | 265.14 | −0.134% | — | $6.5M | — | as long as short |
| SunX BCH-USDT | −0.0011% | 8h | 265.29 | −0.078% | $2K | $1.9M | 30x | as long as short |
| dYdX BCH-USDlong | 0.0000% | 1h | 265.50 | long leg | $5K | $248 | 10x | |
| Kalshi KXBCHPERP | 0.0000% | 8h | 265.99 | +0.186% | $1.1M | $11.0M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 265.13 | −0.138% | $4K | — | 150x | as long as short |
| Orderly PERP_BCH_USDC | +0.0029% | 8h | 264.88 | −0.232% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.771% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0034% | 8h | 266.13 | +0.238% | $3.9M | $4.2M | 50x | as long as short |
| Pacifica BCH | +0.0040% | 1h | 265.36 | −0.052% | $161K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0068% | 8h | 265.29 | −0.078% | $8.6M | $7.6M | 75x | as long as short |
| Lighter BCHshort | +0.0096% | 1h | 265.21 | −0.109% | $365K | $478K | 10x | |
| Hyperliquid BCH | +0.0100% | 1h | 265.42 | −0.029% | $5.8M | $5.0M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 265.52 | +0.009% | $165K | $688K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 265.61 | +0.041% | $19K | $292K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0333% / S −0.0451% | 1h | 265.63 | +0.049% | $25K | — | 100x | as long as short |
Lighter BCH
SoDEX BCH-USD
Phemex BCHUSDT
Deribit BCH_USDC-PERPETUAL
Kraken Futures PF_BCHUSD
GRVT BCH_USDT_Perp
Gate BCH_USDT
ApeX Omni BCHUSDT
Variational Omni BCH
Coinbase International BCH-PERP-INTX
Binance BCHUSDT
Extended BCH-USD
MEXC BCH_USDT
Bybit BCHUSDT
HTX BCH-USDT
Bitget BCHUSDT
OKX BCH-USDT-SWAP
BingX BCH-USDC
SunX BCH-USDT
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Injective BCH/USDC PERP
BloFin BCH-USDT
Pacifica BCH
KuCoin BCHUSDTM
Hyperliquid BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]