Funding you earn now, next payment 01:00 UTC+0.0089%/8h= +9.7% APRnext payment +$0.11 per $10,000 · paid last 24h +0.018%
Price spread now: Aftermath Perps against Aevo+0.176%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$390.386% of the position
Funding, last 3 days (all we have)+0.051%+$5 on $10k
+Price spread, last 3 days (all we have)−0.125%−$12 · spread now +0.176%, 7d avg +0.039%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aftermath Perps is 0.137% dearer against Aevo than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo BTC-PERP | 86,212.5 | 0.0080 | pay 0.0010% / 1h | 19m 00s | $2.5M | $1.8M | 20x |
| Short | Aftermath Perps BTCUSD | 86,364.3 | 0.0169 | get 0.0021% / 1h | 19m 00s | $77K | $217K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against Aevo. 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
- $18.67
- Price spread: +0.176% → +0.039%
- $13.73
- Slippage, 4 orders
- −$13.58
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$6.18
- Costs to cover
- 0.386%
- Break-even
- 9.3 days
Slippage from Aevo: live order book, just now; Aftermath Perps: live order book, 55 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 Aevo live order book, just now | 0.96 bp | 10.2 bp −$10 | 11.8 bp −$118 | doesn't fit | doesn't fit |
| Sell Aftermath Perps live order book, 55 min ago | 1.00 bp | 9.4 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
BTC on 56 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0129% | 1h | 86,359 | +0.170% | $2.2M | $11.2M | 40x | as long as short |
| Bluefin BTC-PERP | −0.0120% | 1h | 86,242.4 | +0.035% | $144K | $666K | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,268 | +0.064% | $9K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0032% | 1h | 86,263.8 | +0.059% | $363K | $2.4M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 86,264.1 | +0.060% | $480K | $21.2M | 6.7x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 86,277.5 | +0.075% | $36.9M | — | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0023% | 1h | 86,358 | +0.169% | $343K | $26.9M | 52x | as long as short |
| dYdX BTC-USD | +0.0023% | 1h | 86,292.5 | +0.093% | $16.9M | $20.5M | 50x | as long as short |
| Aster BTCUSDT | +0.0030% | 8h | 86,191.9 | −0.024% | $499.9M | $1.13B | 200x | as long as short |
| KuCoin XBTUSDTM | +0.0042% | 8h | 86,164.8 | −0.055% | $829.2M | $717.9M | 125x | as long as short |
Show all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya BTCRUSDPERP | +0.0047% | 1h | 86,268 | +0.064% | $6.7M | $145.8M | 40x | as long as short |
| BingX BTC-USDC | +0.0050% | 8h | 86,161.6 | −0.059% | — | $15.3M | — | as long as short |
| RISEx BTC/USDC | +0.0052% | 1h | 86,265.6 | +0.062% | $8.3M | $42.4M | 25x | as long as short |
| Bitget BTCUSDT | +0.0064% | 8h | 86,178 | −0.040% | $2.97B | $5.05B | 150x | as long as short |
| SoDEX BTC-USD | +0.0077% | 1h | 86,158 | −0.063% | $60.3M | $338.2M | 40x | as long as short |
| Aevo BTC-PERPlong | +0.0080% | 1h | 86,212.5 | long leg | $2.5M | $1.8M | 20x | |
| MEXC BTC_USDT | +0.0083% | 8h | 86,153.3 | −0.069% | $5.12B | $5.73B | 500x | as long as short |
| Binance BTCUSDT | +0.0083% | 8h | 86,158.9 | −0.062% | $9.39B | $24.31B | 150x | as long as short |
| Deribit BTC-PERPETUAL | +0.0090% | 1h | 86,206.6 | −0.007% | $902.2M | $1.51B | 50x | as long as short |
| Gate BTC_USDT | +0.0092% | 8h | 86,186.5 | −0.030% | $5.76B | $10.58B | 200x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,167.7 | −0.052% | $170.1M | $989.0M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,188.7 | −0.028% | $23.6M | $151.2M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,260 | +0.055% | $8.4M | $52.0M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,226 | +0.016% | $197K | $7.2M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,263.7 | +0.059% | $4.2M | $8.6M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,260.1 | +0.055% | $22.0M | $227.0M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,230 | +0.020% | $3.78B | $4.97B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,274.9 | +0.072% | $40.6M | $558.6M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 86,172.5 | −0.046% | $5.25B | $9.66B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,171.9 | −0.047% | $2.56B | $12.45B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,240 | +0.032% | $3.9M | $17.8M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,277.4 | +0.075% | $7.2M | $94.9M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,151.7 | −0.071% | $35.7M | $159.3M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,271.9 | +0.069% | $157.9M | $558.2M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,274.4 | +0.072% | $278.7M | $950.7M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,277 | +0.075% | $216.6M | $165.7M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,283.5 | +0.082% | $141.3M | $321.0M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,268.7 | +0.065% | $30.6M | $208.8M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,309.7 | +0.113% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,271 | +0.068% | $11.1M | $14.1M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,268.7 | +0.065% | $191K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,211.9 | −0.001% | $2.4M | $8.9M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,209.6 | −0.003% | $30.3M | $56.9M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,225.7 | +0.015% | $3.3M | $5.4M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 86,139.7 | −0.084% | $2.29B | $960.1M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 86,161.1 | −0.060% | $154.9M | $473.2M | 150x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,411.1 | +0.230% | $576.0M | $32.8M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,140.4 | −0.084% | $46.1M | $222.4M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,324.9 | +0.130% | — | $98.4M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0120% | 1h | 86,206.5 | −0.007% | $132.5M | $5.33B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0121% | 1h | 86,189.8 | −0.026% | $191.9M | $945.4M | 100x | as long as short |
| Hibachi BTC/USDT-P | +0.0168% | 1h | 86,323 | +0.128% | $714K | $7.9M | 30x | as long as short |
| Aftermath Perps BTCUSDshort | +0.0169% | 1h | 86,364.3 | +0.176% | $77K | $217K | 20x | |
| BloFin BTC-USDT | +0.0203% | 8h | 86,139.1 | −0.085% | $415.1M | $640.9M | 150x | as long as short |
| Kalshi KXBTCPERP | +0.0206% | 8h | 86,253 | +0.047% | $10.4M | $765.6M | 6.4x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0207% / S −0.0221% | 1h | 86,278.5 | +0.077% | $14.5M | — | 200x | as long as short |
Aftermath Perps BTCUSD
Phoenix BTC
Bluefin BTC-PERP
01 Exchange BTCUSD
gTrade (Gains Network) BTC/USD
Injective BTC/USDC PERP
Aster BTCUSDT
KuCoin XBTUSDTM
BingX BTC-USDC
RISEx BTC/USDC
Bitget BTCUSDT
SoDEX BTC-USD
MEXC BTC_USDT
Binance BTCUSDT
Deribit BTC-PERPETUAL
Gate BTC_USDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Polymarket Perps BTC-USD
Bullet BTC-USD
Derive BTC-PERP
SunX BTC-USDT
HTX BTC-USDT
Phemex BTCUSDT
Bulk BTC-USD
Extended BTC-USD
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
BloFin BTC-USDT
Kalshi KXBTCPERP
GMX BTC/USD [WBTC.b-USDC]