Funding you earn now, next payment 12:00 UTC+0.0099%/8h= +10.8% APRnext payment +$0.12 per $10,000 · paid last 24h +0.004%
Price spread now: Lighter against Pacifica−0.001%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$420.421% of the position
Funding, last 7 days−0.035%−$3 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.001%, 7d avg −0.006%
=Together, before fees−0.025%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.006%, 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 | Pacifica BCH | 270.99 | −0.0003 | get 0.0000% / 1h | 10m 24s | $148K | $271K | 10x |
| Short | Lighter BCH | 270.99 | 0.0096 | get 0.0012% / 1h | 10m 24s | $398K | $408K | 10x |
Pacifica BCH
Lighter BCHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Pacifica. 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
- $20.71
- Price spread: −0.001% → −0.006%
- $0.45
- Slippage, 4 orders
- −$34.11
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$20.94
- Costs to cover
- 0.421%
- Break-even
- 14.1 days
Slippage from Pacifica: live order book, 31 min ago; Lighter: live order book, 22 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 Pacifica live order book, 31 min ago | 3.14 bp | 15.2 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 22 min ago | 5.36 bp | 5.4 bp −$5 | 56.9 bp −$569 | 152.8 bp −$15.3K | doesn't fit |
BCH on 32 exchanges
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 | −0.0331% | 1h | 270.65 | −0.125% | $2K | $14K | 10x | as long as short |
| Phemex BCHUSDT | −0.0260% | 8h | 270.73 | −0.096% | $4.9M | $6.3M | 50x | as long as short |
| OKX BCH-USDT-SWAP | −0.0119% | 8h | 270.70 | −0.107% | $26.3M | $75.1M | 50x | as long as short |
| Gate BCH_USDT | −0.0117% | 8h | 270.90 | −0.033% | $8.2M | $13.5M | 75x | as long as short |
| Variational Omni BCH | −0.0106% | 8h | 270.48 | −0.190% | $161K | $244K | — | as long as short |
| Binance BCHUSDT | −0.0091% | 8h | 270.83 | −0.058% | $77.6M | $203.0M | 75x | as long as short |
| MEXC BCH_USDT | −0.0090% | 8h | 271.58 | +0.218% | $74.8M | $10.6M | 200x | as long as short |
| Extended BCH-USD | −0.0088% | 1h | 270.68 | −0.113% | $124K | $1.1M | 25x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0077% | 1h | 270.93 | −0.022% | $900K | $2.4M | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0077% | 8h | 270.50 | −0.180% | $394K | $17K | 10x | as long as short |
SoDEX BCH-USD
Phemex BCHUSDT
OKX BCH-USDT-SWAP
Gate BCH_USDT
Variational Omni BCH
Binance BCHUSDT
MEXC BCH_USDT
Extended BCH-USD
Kraken Futures PF_BCHUSD
GRVT BCH_USDT_PerpShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BCHUSDT | −0.0045% | 8h | 270.93 | −0.022% | $19.2M | $25.9M | 75x | as long as short |
| Bybit BCHUSDT | −0.0037% | 8h | 270.70 | −0.107% | $41.0M | $31.4M | 75x | as long as short |
| BingX BCH-USDC | −0.0031% | 8h | 271.30 | +0.114% | — | $6.5M | — | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0003% / S +0.0007% | 1h | 271.41 | +0.154% | $18K | — | 150x | as long as short |
| Pacifica BCHlong | −0.0003% | 1h | 270.99 | long leg | $148K | $271K | 10x | |
| dYdX BCH-USD | 0.0000% | 1h | 271.12 | +0.049% | $5K | $154 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 270.66 | −0.122% | $1.1M | $8.8M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 270.87 | −0.044% | $440K | $372K | 25x | as long as short |
| KuCoin BCHUSDTM | +0.0009% | 8h | 270.98 | −0.004% | $8.9M | $5.5M | 75x | as long as short |
| BloFin BCH-USDT | +0.0029% | 8h | 270.65 | −0.125% | $3.7M | $5.8M | 50x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | −0.292% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0035% | 8h | 270.58 | −0.151% | $2K | $540 | 10x | as long as short |
| Aster BCHUSDT | +0.0047% | 8h | 271.32 | +0.122% | $152K | $519K | 75x | as long as short |
| Nado BCH-PERP | +0.0059% | 1h | 270.29 | −0.259% | $460K | $381K | 10x | as long as short |
| ApeX Omni BCHUSDT | +0.0069% | 1h | 270.52 | −0.173% | $34K | $282K | 50x | as long as short |
| Lighter BCHshort | +0.0096% | 1h | 270.99 | −0.001% | $398K | $408K | 10x | |
| Hyperliquid BCH | +0.0100% | 1h | 271.18 | +0.070% | $7.4M | $8.7M | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 270.40 | −0.219% | $19K | $342K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 270.36 | −0.232% | $2K | $1.3M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 270.06 | −0.343% | $791K | $1.2M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | +0.0184% | 1h | 270.81 | −0.066% | $366K | $2.3M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0213% / S −0.0170% | 1h | 271.41 | +0.156% | $14K | — | 100x | as long as short |
Bitget BCHUSDT
Bybit BCHUSDT
BingX BCH-USDC
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
KuCoin BCHUSDTM
BloFin BCH-USDT
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
Aster BCHUSDT
Nado BCH-PERP
ApeX Omni BCHUSDT
Hyperliquid BCH
edgeX BCHUSDC
SunX BCH-USDT
HTX BCH-USDT
Coinbase International BCH-PERP-INTX
GMX BCH/USD [WBTC.b-USDC]