Settings8H · net · $10k
Funding arb · Price arb /

BTC

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0264%/8h= −28.9% APRnext payment $0.33 per $10,000 · paid last 24h −0.051%
Price spread now: Jupiter Perps against Aftermath Perps−0.014%7-day average −0.014% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.183%−$18 on $10k
Price spread, last 4 days (all we have)−0.043%−$4 · spread now −0.014%, 7d avg −0.014%
Together, before fees−0.225%−$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps BTCUSD85,500.80.0216pay 0.0027% / 1h4m 06s$78K$220K20x
ShortJupiter Perps WBTC-PERP85,488.9L +0.0104% / S +0.0048%pay 0.0006% / 1h4m 06s$107.5M500x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Jupiter Perps against Aftermath Perps. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$55.37
Price spread: −0.014% → −0.014%
$0.02
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Jupiter Perps: 6 bp × 2 orders
−$12
Net
−$76.35
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: live order book, 55 min ago; Jupiter Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps live order book, 55 min ago1.00 bp10.1 bp −$1014.6 bp −$146doesn't fitdoesn't fit
Sell Jupiter Perps no order-book sample
Jupiter Perps: 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.

BTC on 56 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix BTC−0.0179%1h85,531+0.035%$2.1M$10.3M40xas long as short
Hotstuff BTC-PERP−0.0080%1h85,493−0.009%$8K$3K50xas long as short
01 Exchange BTCUSD−0.0048%1h85,499.5−0.002%$365K$2.3M50xas long as short
KuCoin XBTUSDTM−0.0033%8h85,484−0.020%$919.8M$751.9M125xas long as short
BloFin BTC-USDT−0.0020%8h85,474.9−0.030%$417.1M$668.9M150xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h85,515.8+0.017%$36.5M200xas long as short
dYdX BTC-USD+0.0010%1h85,472.1−0.034%$16.7M$21.2M50xas long as short
Aster BTCUSDT+0.0011%8h85,509.7+0.010%$515.4M$1.10B200xas long as short
Nado BTC-PERP+0.0012%1h85,479.7−0.025%$25.0M$222.0M50xas long as short
Arcus BTC-USD+0.0021%1h85,487.8−0.015%$4.2M$98.3M40xas long as short
Show all 56 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin BTC-PERP+0.0021%1h85,551.8+0.060%$207K$739K40xas long as short
BingX BTC-USDT+0.0063%8h85,526.9+0.030%$1.54Bas long as short
Phemex BTCUSDT+0.0074%8h85,516.3+0.018%$148.4M$489.2M150xas long as short
Bitget BTCUSDT+0.0079%8h85,519.9+0.022%$2.95B$5.08B150xas long as short
Reya BTCRUSDPERP+0.0087%1h85,500.90.000%$6.6M$146.8M40xas long as short
Deribit BTC-PERPETUAL+0.0088%1h85,557.6+0.066%$887.7M$1.59B50xas long as short
Lighter BTC+0.0096%1h85,533.8+0.039%$172.2M$1.02B50xas long as short
Lighter RH BTC+0.0096%1h85,534+0.039%$23.9M$149.5M50xas long as short
Popdex BTCUSDT+0.0096%1h85,500−0.001%$8.4M$53.5M100xas long as short
Aevo BTC-PERP+0.0096%1h85,498.6−0.003%$2.4M$1.7M20xas long as short
Katana Perps BTC-USD+0.0100%8h85,465−0.042%$210K$8.1M50xas long as short
Paradex BTC-USD-PERP+0.0100%8h85,541.1+0.047%$5.2M$9.1M50xas long as short
Hyperliquid BTC+0.0100%1h85,603+0.119%$3.75B$4.99B40xas long as short
Pacifica BTC+0.0100%1h85,511+0.012%$40.2M$581.6M50xas long as short
Binance BTCUSDT+0.0100%8h85,525+0.028%$9.37B$24.17B150xas long as short
Bybit BTCUSDT+0.0100%8h85,525+0.028%$5.20B$9.80B150xas long as short
OKX BTC-USDT-SWAP+0.0100%8h85,530+0.034%$2.58B$12.14B100xas long as short
Ondo Perps BTC-USD.P+0.0100%1h85,484−0.020%$3.8M$17.8M25xas long as short
Bulk BTC-USD+0.0100%1h85,487.5−0.016%$672.1M$698.9M40xas long as short
Gate BTC_USDT+0.0100%8h85,528.1+0.032%$5.53B$10.77B200xas long as short
MEXC BTC_USDT+0.0100%8h85,524.9+0.028%$5.07B$5.66B500xas long as short
Backpack BTC_USDC_PERP+0.0100%1h85,496.6−0.005%$35.1M$177.1M75xas long as short
Variational Omni BTC+0.0100%8h85,444.6−0.066%$153.4M$564.2Mas long as short
edgeX BTCUSDC+0.0100%4h85,474.1−0.031%$279.2M$922.0M100xas long as short
GRVT BTC_USDT_Perp+0.0100%8h85,487.4−0.016%$214.6M$167.9M50xas long as short
ApeX Omni BTCUSDT+0.0100%1h85,488.3−0.015%$139.8M$314.8M100xas long as short
StandX BTC-USD+0.0100%1h85,473−0.033%$30.2M$208.7M40xas long as short
Vest BTC-PERP+0.0100%1h85,549.3+0.057%$11.8M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h85,496−0.006%$11.1M$14.3M50xas long as short
Bullet BTC-USD+0.0100%1h85,505.5+0.005%$193K$3.3M20xas long as short
Orderly PERP_BTC_USDC+0.0100%8h85,506+0.006%$2.4M$8.8M100xas long as short
Derive BTC-PERP+0.0100%1h85,496.7−0.005%$30.0M$50.0M15xas long as short
SunX BTC-USDT+0.0100%8h85,460.6−0.047%$2.9M$6.1M100xas long as short
SoDEX BTC-USD+0.0100%1h85,518+0.020%$59.9M$336.1M40xas long as short
HTX BTC-USDT+0.0100%8h85,510.3+0.011%$2.26B$942.7M200xas long as short
Extended BTC-USD+0.0104%1h85,479.8−0.025%$44.6M$230.9M50xas long as short
Jupiter Perps WBTC-PERPshortL +0.0104% / S +0.0048%1h85,488.9−0.014%$107.5M500x
Coinbase International BTC-PERP-INTX+0.0104%1h85,561.9+0.071%$117.6M$5.19B50xas long as short
Injective BTC/USDC PERP+0.0150%1h85,556+0.065%$340K$26.9M52xas long as short
Kraken Futures PF_XBTUSD+0.0170%1h85,545.8+0.053%$187.5M$953.7M100xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0176% / S −0.0151%1h85,514.4+0.016%$13.3M200xas long as short
RISEx BTC/USDC+0.0194%1h85,517.5+0.019%$8.4M$42.7M25xas long as short
Aftermath Perps BTCUSDlong+0.0216%1h85,500.8long leg$78K$220K20x
Kalshi KXBTCPERP+0.0219%8h85,515+0.017%$10.3M$755.2M6.4xas long as short
Hibachi BTC/USDT-P+0.0248%1h85,503.6+0.003%$701K$7.9M30xas long as short
Perpl BTC+0.0335%43m85,493.6−0.008%$496K$18.7M6.7xas long as short