Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%
Price spread now: Extended against ApeX Omni−0.075%72s7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$160.156% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 7 days+0.061%+$6 · spread now −0.075%, 7d avg −0.045%
=Together, before fees+0.093%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.030% cheaper against ApeX Omni than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.045%. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni BTCUSDT | 85,282.7 | 0.0100 | pay 0.0013% / 1h | 38m 04s | $139.4M | $315.4M | 100x |
| Short | Extended BTC-USD | 85,218.6 | 0.0104 | get 0.0013% / 1h | 38m 04s | $45.5M | $237.9M | 50x |
ApeX Omni BTCUSDT
Extended BTC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against ApeX Omni. 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
- $0.84
- Price spread: −0.075% → −0.045%
- −$3.03
- Slippage, 4 orders
- −$0.6
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$17.79
- Costs to cover
- 0.156%
- Break-even
- 155.2 days
Slippage from ApeX Omni: live order book, 1 min ago; Extended: live order book, 6 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 ApeX Omni live order book, 1 min ago | 0.24 bp | 5.2 bp −$5 | 5.4 bp −$54 | 16.3 bp −$1,628 | 40.5 bp −$20.2K |
| Sell Extended live order book, 6 min ago | 0.06 bp | 2.6 bp −$3 | 3.0 bp −$30 | 4.2 bp −$416 | 9.9 bp −$4,928 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl BTC | −0.0112% | 43m | 85,242.9 | −0.047% | $527K | $18.7M | 6.7x | as long as short |
| Phoenix BTC | −0.0111% | 1h | 85,200 | −0.097% | $2.1M | $10.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,203 | −0.093% | $8K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0054% | 8h | 85,227.2 | −0.065% | $922.0M | $763.1M | 125x | as long as short |
| BloFin BTC-USDT | −0.0036% | 8h | 85,202.1 | −0.094% | $420.1M | $679.3M | 150x | as long as short |
| 01 Exchange BTCUSD | −0.0032% | 1h | 85,242.7 | −0.047% | $383K | $2.3M | 50x | as long as short |
| Aster BTCUSDT | −0.0015% | 8h | 85,229 | −0.063% | $512.5M | $1.10B | 200x | as long as short |
| dYdX BTC-USD | +0.0001% | 1h | 85,238.9 | −0.051% | $16.7M | $21.7M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,244.4 | −0.045% | $36.4M | — | 200x | as long as short |
| Nado BTC-PERP | +0.0014% | 1h | 85,223.6 | −0.069% | $24.5M | $222.8M | 50x | as long as short |
Perpl BTC
Phoenix BTC
Hotstuff BTC-PERP
KuCoin XBTUSDTM
BloFin BTC-USDT
01 Exchange BTCUSD
Aster BTCUSDT
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
Nado BTC-PERPShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BTC/USDC PERP | +0.0023% | 1h | 85,225 | −0.068% | $338K | $26.8M | 52x | as long as short |
| SoDEX BTC-USD | +0.0051% | 1h | 85,240 | −0.050% | $59.7M | $335.9M | 40x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0056% | 1h | 85,264.5 | −0.021% | $187.1M | $957.0M | 100x | as long as short |
| Bullet BTC-USD | +0.0060% | 1h | 85,226 | −0.066% | $204K | $3.3M | 20x | as long as short |
| BingX BTC-USDC | +0.0066% | 8h | 85,221.5 | −0.072% | — | $17.3M | — | as long as short |
| Phemex BTCUSDT | +0.0073% | 8h | 85,238.9 | −0.051% | $149.1M | $503.2M | 150x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 85,233 | −0.058% | $2.4M | $6.7M | 20x | as long as short |
| Bitget BTCUSDT | +0.0083% | 8h | 85,241.7 | −0.048% | $2.95B | $5.17B | 150x | as long as short |
| MEXC BTC_USDT | +0.0084% | 8h | 85,239.8 | −0.050% | $5.06B | $5.69B | 500x | as long as short |
| Binance BTCUSDT | +0.0084% | 8h | 85,230.7 | −0.061% | $9.42B | $24.82B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,249.1 | −0.039% | $171.2M | $1.02B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,250.5 | −0.038% | $23.7M | $147.8M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,237 | −0.054% | $8.3M | $55.6M | 100x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0096% | 1h | 85,283.6 | +0.001% | $117.4M | $5.33B | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,212 | −0.083% | $237K | $8.5M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,286 | +0.004% | $5.6M | $9.5M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,318 | +0.041% | $3.75B | $5.05B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,267.6 | −0.018% | $40.1M | $595.5M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,228.5 | −0.063% | $5.15B | $9.93B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,237.8 | −0.053% | $2.57B | $12.18B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,228 | −0.064% | $3.8M | $17.6M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,241.1 | −0.049% | $4.6M | $99.1M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,324.1 | +0.049% | $679.5M | $626.7M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,240.1 | −0.050% | $5.51B | $10.87B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,229.2 | −0.063% | $36.0M | $174.6M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,226.6 | −0.066% | $154.6M | $565.9M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,305.9 | +0.027% | $279.2M | $939.3M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,273.7 | −0.011% | $214.3M | $168.8M | 50x | as long as short |
| ApeX Omni BTCUSDTlong | +0.0100% | 1h | 85,282.7 | long leg | $139.4M | $315.4M | 100x | |
| StandX BTC-USD | +0.0100% | 1h | 85,190 | −0.109% | $30.1M | $206.2M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,306.4 | +0.028% | — | $10.9M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,250 | −0.038% | $11.0M | $14.4M | 50x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,230.3 | −0.061% | $2.4M | $9.1M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,275.6 | −0.008% | $217K | $750K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,219.2 | −0.074% | $30.0M | $50.4M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,231.4 | −0.060% | $2.9M | $6.1M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,222.9 | −0.070% | $2.26B | $954.0M | 200x | as long as short |
| Extended BTC-USDshort | +0.0104% | 1h | 85,218.6 | −0.075% | $45.5M | $237.9M | 50x | |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 85,254.4 | −0.033% | — | $107.0M | 500x | as long as short |
| Reya BTCRUSDPERP | +0.0112% | 1h | 85,249.2 | −0.039% | $6.6M | $147.4M | 40x | as long as short |
| Deribit BTC-PERPETUAL | +0.0145% | 1h | 85,286.9 | +0.005% | $872.4M | $1.61B | 50x | as long as short |
| Kalshi KXBTCPERP | +0.0174% | 8h | 85,273 | −0.011% | $11.3M | $748.9M | 6.4x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0176% / S −0.0151% | 1h | 85,241.7 | −0.048% | $13.0M | — | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.0224% | 1h | 85,238.2 | −0.052% | $716K | $8.0M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0226% | 1h | 85,305.4 | +0.027% | $78K | $225K | 20x | as long as short |
| RISEx BTC/USDC | +0.0257% | 1h | 85,267.6 | −0.018% | $8.7M | $43.1M | 25x | as long as short |
Injective BTC/USDC PERP
SoDEX BTC-USD
Kraken Futures PF_XBTUSD
Bullet BTC-USD
BingX BTC-USDC
Phemex BTCUSDT
Aevo BTC-PERP
Bitget BTCUSDT
MEXC BTC_USDT
Binance BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Coinbase International BTC-PERP-INTX
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Gate BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
Derive BTC-PERP
SunX BTC-USDT
HTX BTC-USDT
Jupiter Perps WBTC-PERP
Reya BTCRUSDPERP
Deribit BTC-PERPETUAL
Kalshi KXBTCPERP
GMX BTC/USD [WBTC.b-USDC]
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD
RISEx BTC/USDC