Funding you earn now, next payment 22:00 UTC+0.0400%/8h= +43.8% APRnext payment +$0.50 per $10,000 · paid last 24h +0.023%
Price spread now: Lighter against Injective−0.073%66s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.219%−$22 on $10k
+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 0.073% cheaper against Injective than usual: you would sell low and buy high (spread −0.073% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 15 hours of funding at the current rate (+$12 a day). Mind the row above: over the last 7 days funding on this pair cost −0.219%, so the current rate has only just turned in your favour. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.219% in total (about -11.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.50 per $10,000. 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 | Injective BCH/USDC PERP | 268.50 | −0.0304 | get 0.0038% / 1h | 11m 49s | $716 | $110K | 12x |
| Short | Lighter BCH | 268.30 | 0.0096 | get 0.0012% / 1h | 11m 49s | $376K | $581K | 10x |
Injective BCH/USDC PERP
Lighter BCHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Injective. 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
- $83.93
- Price spread: −0.073% → 0.000%
- −$7.34
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $76.57
- Costs to cover
- 0.000%
- Break-even
- 0.6 days
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 4 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 Injective no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 4 min ago | 3.50 bp | 9.1 bp −$9 | 62.2 bp −$622 | 161.4 bp −$16.1K | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0391% | 1h | 268.33 | −0.064% | $439K | $247K | 25x | as long as short |
| Injective BCH/USDC PERPlong | −0.0304% | 1h | 268.50 | long leg | $716 | $110K | 12x | |
| Phemex BCHUSDT | −0.0188% | 8h | 268.21 | −0.108% | $4.9M | $6.2M | 50x | as long as short |
| SoDEX BCH-USD | −0.0144% | 1h | 268.19 | −0.115% | $2K | $6K | 10x | as long as short |
| Extended BCH-USD | −0.0096% | 1h | 268.11 | −0.144% | $115K | $653K | 25x | as long as short |
| MEXC BCH_USDT | −0.0096% | 8h | 268.85 | +0.130% | $71.2M | $6.4M | 200x | as long as short |
| Binance BCHUSDT | −0.0095% | 8h | 268.14 | −0.132% | $73.9M | $229.2M | 75x | as long as short |
| Variational Omni BCH | −0.0069% | 8h | 268.54 | +0.014% | $85K | $291K | — | as long as short |
| Bitget BCHUSDT | −0.0039% | 8h | 268.10 | −0.149% | $19.9M | $29.0M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0024% | 1h | 268.45 | −0.019% | $241K | $2.1M | 50x | as long as short |
Deribit BCH_USDC-PERPETUAL
Phemex BCHUSDT
SoDEX BCH-USD
Extended BCH-USD
MEXC BCH_USDT
Binance BCHUSDT
Variational Omni BCH
Bitget BCHUSDT
Coinbase International BCH-PERP-INTXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BCH_USDT_Perp | −0.0023% | 8h | 268.72 | +0.083% | $392K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0022% | 8h | 268.24 | −0.097% | $8.4M | $14.4M | 75x | as long as short |
| Bybit BCHUSDT | −0.0008% | 8h | 268.04 | −0.171% | $39.4M | $32.1M | 75x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 268.42 | −0.030% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 268.49 | −0.004% | $1.0M | $11.3M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 268.38 | −0.047% | $4K | — | 150x | as long as short |
| BingX BCH-USDC | +0.0018% | 8h | 268.15 | −0.130% | — | $6.5M | — | as long as short |
| BloFin BCH-USDT | +0.0024% | 8h | 268.19 | −0.115% | $4.0M | $4.1M | 50x | as long as short |
| OKX BCH-USDT-SWAP | +0.0025% | 8h | 268.10 | −0.149% | $26.3M | $76.0M | 50x | as long as short |
| Orderly PERP_BCH_USDC | +0.0027% | 8h | 268.20 | −0.112% | $2K | $176 | 10x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0074% | 1h | 268.49 | −0.004% | $805K | $3.2M | 50x | as long as short |
| Lighter BCHshort | +0.0096% | 1h | 268.30 | −0.073% | $376K | $581K | 10x | |
| Nado BCH-PERP | +0.0100% | 1h | 268.23 | −0.101% | $439K | $425K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 268.52 | +0.009% | $6.0M | $4.1M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 268.42 | −0.029% | $236K | $660K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 268.32 | −0.069% | $169K | $460K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 268.33 | −0.063% | $8.9M | $7.9M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 268.49 | −0.004% | $19K | $290K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 268.55 | +0.019% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 268.14 | −0.134% | $1K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 268.21 | −0.108% | $772K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0372% / S −0.0574% | 1h | 268.39 | −0.043% | $26K | — | 100x | as long as short |
GRVT BCH_USDT_Perp
Gate BCH_USDT
Bybit BCHUSDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
BingX BCH-USDC
BloFin BCH-USDT
OKX BCH-USDT-SWAP
Orderly PERP_BCH_USDC
Kraken Futures PF_BCHUSD
Nado BCH-PERP
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]