Funding you earn now, next payment 09:00 UTC−0.0106%/8h= −11.6% APRnext payment −$0.13 per $10,000 · paid last 24h −0.052%
Price spread now: Lighter against GMX+0.001%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX BCH/USD [WBTC.b-USDC] | 266.15 | L +0.0202% / S −0.0147% | pay 0.0025% / 1h | 31m 47s | $12K | — | 100x |
| Short | Lighter BCH | 266.16 | 0.0096 | get 0.0012% / 1h | 31m 47s | $375K | $495K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against GMX. 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
- −$22.33
- Price spread: +0.001% → 0.000%
- $0.06
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$34.27
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Lighter: live order book, 58 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 GMX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 58 min ago | 3.74 bp | 9.6 bp −$10 | 68.7 bp −$687 | 174.0 bp −$17.4K | doesn't fit |
GMX: 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 | −0.0385% | 1h | 265.98 | −0.066% | $2K | $8K | 10x | as long as short |
| GRVT BCH_USDT_Perp | −0.0180% | 8h | 266.85 | +0.263% | $389K | $17K | 10x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0159% | 1h | 266.25 | +0.036% | $868K | $2.7M | 50x | as long as short |
| Variational Omni BCH | −0.0129% | 8h | 266.91 | +0.282% | $149K | $262K | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0098% | 8h | 266.10 | −0.020% | $25.2M | $78.1M | 50x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0084% | 1h | 266.15 | 0.000% | $418K | $359K | 25x | as long as short |
| KuCoin BCHUSDTM | −0.0072% | 8h | 266.14 | −0.005% | $8.5M | $6.2M | 75x | as long as short |
| Bitget BCHUSDT | −0.0072% | 8h | 266.15 | −0.002% | $19.2M | $27.3M | 75x | as long as short |
| Extended BCH-USD | −0.0056% | 1h | 266.00 | −0.057% | $118K | $915K | 25x | as long as short |
| Binance BCHUSDT | −0.0055% | 8h | 266.13 | −0.009% | $73.5M | $216.1M | 75x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BCH_USDT | −0.0053% | 8h | 266.72 | +0.213% | $71.6M | $9.3M | 200x | as long as short |
| Gate BCH_USDT | −0.0047% | 8h | 266.20 | +0.017% | $8.3M | $13.0M | 75x | as long as short |
| Phemex BCHUSDT | −0.0029% | 8h | 266.13 | −0.009% | $4.9M | $6.5M | 50x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 266.23 | +0.030% | $15K | — | 150x | as long as short |
| Pacifica BCH | −0.0002% | 1h | 266.32 | +0.062% | $155K | $296K | 10x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 266.50 | +0.130% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 266.45 | +0.111% | $1.0M | $9.1M | 2.7x | as long as short |
| Aster BCHUSDT | +0.0005% | 8h | 266.38 | +0.085% | $143K | $574K | 75x | as long as short |
| Bybit BCHUSDT | +0.0012% | 8h | 266.10 | −0.020% | $39.4M | $32.2M | 75x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.520% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0043% | 8h | 266.06 | −0.035% | $2K | — | 10x | as long as short |
| BloFin BCH-USDT | +0.0066% | 8h | 266.27 | +0.043% | $3.5M | $5.1M | 50x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0088% | 1h | 268.36 | +0.829% | $304K | $2.1M | 50x | as long as short |
| Lighter BCHshort | +0.0096% | 1h | 266.16 | +0.001% | $375K | $495K | 10x | |
| Nado BCH-PERP | +0.0100% | 1h | 265.98 | −0.066% | $427K | $352K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 266.31 | +0.058% | $5.8M | $4.7M | 10x | as long as short |
| BingX BCH-USDT | +0.0100% | 8h | 266.18 | +0.010% | — | $15.2M | — | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 266.89 | +0.275% | $19K | $345K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 267.84 | +0.633% | $97K | $241K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 265.76 | −0.148% | $2K | $1.6M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 266.39 | +0.089% | $777K | $1.4M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC]long | L +0.0202% / S −0.0147% | 1h | 266.15 | long leg | $12K | — | 100x |
GMX BCH/USD [WBTC.b-USDC]
Lighter BCH
SoDEX BCH-USD
GRVT BCH_USDT_Perp
Kraken Futures PF_BCHUSD
Variational Omni BCH
OKX BCH-USDT-SWAP
Deribit BCH_USDC-PERPETUAL
KuCoin BCHUSDTM
Bitget BCHUSDT
Extended BCH-USD
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
BloFin BCH-USDT
Coinbase International BCH-PERP-INTX
Hyperliquid BCH
BingX BCH-USDT
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT