Spread before costs (cost unknown: a leg has no order-book sample)+0.058%
7d average—if it closes, per $10,000$6funding while held, a day+$12.28
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BCH | 264.52 | 0.0096 | pay 0.0012% / 1h | 4m 51s | $378K | $603K | 10x |
| Short | GMX BCH/USD [WBTC.b-USDC] | 264.67 | L +0.0348% / S −0.0505% | get 0.0063% / 1h | 4m 51s | $24K | — | 100x |
Lighter BCH
GMX BCH/USD [WBTC.b-USDC]Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $5.76
- Funding while held
- $12.28
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $6.04
- Spread needed to break even
- 0.120%
Slippage unknown: Lighter: live order book, 37 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0409%
- Per $10,000 a day
- +$12.28
- Average in range /8h
- —
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, 37 min ago | 3.29 bp | 3.3 bp −$3 | 52.5 bp −$525 | 167.6 bp −$16.8K | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 price on every exchange
against the cheapest. Click to use as the short leg.Injective251.25cheapest
OKX264.30+5.194%Extended264.35+5.213%HTX264.35+5.214%Binance264.36+5.216%SunX264.37+5.222%Bybit264.40+5.234%SoDEX264.40+5.234%Bitget264.43+5.246%Nado264.43+5.247%Variational Omni264.44+5.249%ApeX Omni264.44+5.250%Orderly264.44+5.250%edgeX264.45+5.254%Phemex264.45+5.254%BloFin264.48+5.266%BingX264.49+5.270%
Injective
OKX
Extended
HTX
Binance
SunX
Bybit
SoDEX
Bitget
Nado
Variational Omni
ApeX Omni
Orderly
Phemex
BloFin
BingXLighter264.52+5.280%
Gate264.53+5.286%KuCoin264.54+5.290%Deribit264.56+5.296%Pacifica264.59+5.309%Aster264.59+5.309%
Gate
KuCoin
Deribit
Pacifica
AsterGMX264.67+5.341%
MEXC264.68+5.345%gTrade (Gains Network)264.69+5.350%Kraken Futures264.70+5.355%Hyperliquid264.76+5.377%dYdX264.76+5.377%Kalshi264.79+5.389%Coinbase International264.87+5.421%
MEXC
gTrade (Gains Network)
Kraken Futures
Hyperliquid
dYdX
Coinbase InternationalBCH on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective BCH/USDC PERP | −5.016% | +0.0033% | 1h | $670 | $92K | 12x | as long as short |
| OKX BCH-USDT-SWAP | −0.082% | +0.0074% | 8h | $24.5M | $70.5M | 50x | as long as short |
| Extended BCH-USD | −0.064% | +0.0080% | 1h | $103K | $647K | 25x | as long as short |
| HTX BCH-USDT | −0.063% | +0.0100% | 8h | $767K | $1.6M | 75x | as long as short |
| Binance BCHUSDT | −0.061% | +0.0082% | 8h | $73.5M | $222.9M | 75x | as long as short |
| SunX BCH-USDT | −0.056% | +0.0009% | 8h | $1K | $2.0M | 30x | as long as short |
| Bybit BCHUSDT | −0.044% | +0.0100% | 8h | $39.2M | $31.7M | 75x | as long as short |
| SoDEX BCH-USD | −0.044% | −0.0390% | 1h | $49 | $6K | 10x | as long as short |
| Bitget BCHUSDT | −0.033% | +0.0100% | 8h | $19.4M | $26.6M | 75x | as long as short |
| Nado BCH-PERP | −0.032% | −0.0206% | 1h | $447K | $388K | 10x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni BCH | −0.030% | +0.0069% | 8h | $74K | $195K | — | as long as short |
| ApeX Omni BCHUSDT | −0.029% | +0.0012% | 1h | $72K | $222K | 50x | as long as short |
| Orderly PERP_BCH_USDC | −0.029% | +0.0076% | 8h | $2K | $176 | 10x | as long as short |
| edgeX BCHUSDC | −0.025% | +0.0100% | 4h | $21K | $285K | 20x | as long as short |
| Phemex BCHUSDT | −0.025% | +0.0020% | 8h | $4.8M | $5.6M | 50x | as long as short |
| BloFin BCH-USDT | −0.014% | +0.0202% | 8h | $4.0M | $3.9M | 50x | as long as short |
| BingX BCH-USDT | −0.010% | +0.0100% | 8h | — | $32.2M | — | as long as short |
| Lighter BCHlong | 0.000% | +0.0096% | 1h | $378K | $603K | 10x | |
| Gate BCH_USDT | +0.005% | +0.0100% | 8h | $8.4M | $13.8M | 75x | as long as short |
| KuCoin BCHUSDTM | +0.009% | +0.0070% | 8h | $8.7M | $7.8M | 75x | as long as short |
| Deribit BCH_USDC-PERPETUAL | +0.015% | −0.0351% | 1h | $431K | $251K | 25x | as long as short |
| Pacifica BCH | +0.027% | +0.0100% | 1h | $158K | $447K | 10x | as long as short |
| Aster BCHUSDT | +0.028% | +0.0100% | 8h | $232K | $688K | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC]short | +0.058% | L +0.0348% / S −0.0505% | 1h | $24K | — | 100x | |
| MEXC BCH_USDT | +0.062% | +0.0084% | 8h | $69.5M | $5.5M | 200x | as long as short |
| gTrade (Gains Network) BCH/USD | +0.066% | L 0.0000% / S +0.0007% | 1h | $5K | — | 150x | as long as short |
| Kraken Futures PF_BCHUSD | +0.071% | −0.0140% | 1h | $815K | $3.1M | 50x | as long as short |
| Hyperliquid BCH | +0.092% | +0.0100% | 1h | $5.0M | $4.1M | 10x | as long as short |
| dYdX BCH-USD | +0.092% | 0.0000% | 1h | $5K | $139 | 10x | as long as short |
| Kalshi KXBCHPERP | +0.103% | 0.0000% | 8h | $1.1M | $11.1M | 2.7x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.133% | −0.0096% | 1h | $225K | $2.0M | 50x | as long as short |