Funding you earn now, next payment 10:00 UTC+0.0281%/8h= +30.8% APRnext payment +$0.35 per $10,000 · paid last 24h +0.015%
Price spread now: RISEx against ApeX Omni−0.004%66s7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$170.172% of the position
Funding, last 4 days (all we have)+0.012%+$1 on $10k
+Price spread, last 7 days+0.025%+$3 · spread now −0.004%, 7d avg 0.000%
=The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.012% in total (about 1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.35 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni BTCUSDT | 85,979.1 | −0.0076 | get 0.0010% / 1h | 18m 57s | $137.4M | $295.5M | 100x |
| Short | RISEx BTC/USDC | 85,975.4 | 0.0204 | get 0.0026% / 1h | 18m 57s | $8.9M | $38.7M | 25x |
ApeX Omni BTCUSDT
RISEx BTC/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $58.99
- Price spread: −0.004% → 0.000%
- −$0.38
- Slippage, 4 orders
- −$1.18
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $41.42
- Costs to cover
- 0.172%
- Break-even
- 2.1 days
Slippage from ApeX Omni: live order book, 3 min ago; RISEx: live order book, 8 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, 3 min ago | 0.09 bp | 5.1 bp −$5 | 5.1 bp −$51 | 8.1 bp −$815 | 37.7 bp −$18.9K |
| Sell RISEx live order book, 8 min ago | 0.01 bp | 3.0 bp −$3 | 3.0 bp −$30 | 9.6 bp −$957 | doesn't fit |
BTC on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,938 | −0.048% | $8K | $2K | 50x | as long as short |
| ApeX Omni BTCUSDTlong | −0.0076% | 1h | 85,979.1 | long leg | $137.4M | $295.5M | 100x | |
| 01 Exchange BTCUSD | −0.0072% | 1h | 85,938.3 | −0.047% | $357K | $2.0M | 50x | as long as short |
| Injective BTC/USDC PERP | −0.0065% | 1h | 85,995 | +0.018% | $300K | $28.6M | 52x | as long as short |
| BloFin BTC-USDT | −0.0020% | 8h | 85,921.6 | −0.067% | $421.8M | $576.1M | 150x | as long as short |
| dYdX BTC-USD | 0.0000% | 1h | 85,949.1 | −0.035% | $16.8M | $15.0M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 85,939.8 | −0.046% | $481K | $14.3M | 6.7x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,944.3 | −0.040% | $36.7M | — | 200x | as long as short |
| SoDEX BTC-USD | +0.0011% | 1h | 85,926 | −0.062% | $65.4M | $188.0M | 40x | as long as short |
| BingX BTC-USDC | +0.0019% | 8h | 85,908.3 | −0.082% | — | $16.6M | — | as long as short |
Hotstuff BTC-PERP
01 Exchange BTCUSD
Injective BTC/USDC PERP
BloFin BTC-USDT
dYdX BTC-USD
Perpl BTC
gTrade (Gains Network) BTC/USD
SoDEX BTC-USD
BingX BTC-USDCShow all 55 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTCUSDT | +0.0026% | 8h | 85,928.7 | −0.059% | $5.09B | $8.44B | 150x | as long as short |
| Aster BTCUSDT | +0.0036% | 8h | 85,927.4 | −0.060% | $512.0M | $905.6M | 200x | as long as short |
| KuCoin XBTUSDTM | +0.0040% | 8h | 85,930 | −0.057% | $927.8M | $651.2M | 125x | as long as short |
| Phoenix BTC | +0.0053% | 1h | 85,955 | −0.028% | $2.0M | $8.5M | 40x | as long as short |
| Gate BTC_USDT | +0.0067% | 8h | 85,932 | −0.055% | $5.50B | $9.28B | 200x | as long as short |
| Nado BTC-PERP | +0.0074% | 1h | 85,938.8 | −0.047% | $22.1M | $202.0M | 50x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,945.5 | −0.039% | $172.7M | $887.5M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,948.1 | −0.036% | $23.1M | $124.8M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,937 | −0.049% | $8.8M | $46.8M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,917.1 | −0.072% | $2.4M | $6.7M | 20x | as long as short |
| Bitget BTCUSDT | +0.0099% | 8h | 85,923.9 | −0.064% | $2.97B | $4.12B | 150x | as long as short |
| HTX BTC-USDT | +0.0099% | 8h | 85,924.4 | −0.064% | $2.27B | $838.9M | 200x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,919 | −0.070% | $210K | $8.0M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,951.6 | −0.032% | $5.9M | $7.9M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,028 | +0.057% | $3.93B | $4.46B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,970.2 | −0.010% | $40.4M | $571.6M | 50x | as long as short |
| Binance BTCUSDT | +0.0100% | 8h | 85,923.8 | −0.064% | $9.44B | $21.36B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,930.1 | −0.057% | $2.60B | $9.78B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,943 | −0.042% | $4.0M | $15.6M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,967.4 | −0.014% | $4.2M | $91.5M | 40x | as long as short |
| MEXC BTC_USDT | +0.0100% | 8h | 85,922.6 | −0.066% | $5.14B | $5.38B | 500x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,919.5 | −0.069% | $37.3M | $193.1M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,913 | −0.077% | $156.0M | $495.1M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,948.1 | −0.036% | $289.4M | $850.3M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,890.1 | −0.104% | $215.7M | $139.9M | 50x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,947 | −0.037% | $30.2M | $221.0M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,010.1 | +0.036% | — | $10.5M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,943 | −0.042% | $11.0M | $12.4M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,942.1 | −0.043% | $201K | $3.2M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,922.3 | −0.066% | $2.6M | $8.9M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,970.3 | −0.010% | $195K | $565K | 40x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,949.8 | −0.034% | $3.2M | $7.0M | 100x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,928.6 | −0.059% | $169.3M | $484.2M | 150x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,914.7 | −0.075% | $712.8M | $159.6M | 40x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0102% | 1h | 85,950 | −0.034% | $189.7M | $799.4M | 100x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,897 | −0.095% | $46.9M | $206.8M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,954.5 | −0.029% | — | $82.6M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0120% | 1h | 85,977.7 | −0.002% | $112.4M | $5.03B | 50x | as long as short |
| Reya BTCRUSDPERP | +0.0160% | 1h | 85,936.2 | −0.050% | $6.6M | $131.5M | 40x | as long as short |
| Kalshi KXBTCPERP | +0.0164% | 8h | 85,960 | −0.022% | $11.3M | $731.7M | 6.4x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0199% / S −0.0183% | 1h | 85,948.8 | −0.035% | $13.2M | — | 200x | as long as short |
| RISEx BTC/USDCshort | +0.0204% | 1h | 85,975.4 | −0.004% | $8.9M | $38.7M | 25x | |
| Hibachi BTC/USDT-P | +0.0304% | 1h | 85,996.1 | +0.020% | $708K | $7.0M | 30x | as long as short |
| Deribit BTC-PERPETUAL | +0.0315% | 1h | 85,993 | +0.016% | $827.7M | $1.54B | 50x | as long as short |
| Aftermath Perps BTCUSD | +0.0433% | 1h | 85,985.3 | +0.007% | $81K | $247K | 20x | as long as short |
Bybit BTCUSDT
Aster BTCUSDT
KuCoin XBTUSDTM
Phoenix BTC
Gate BTC_USDT
Nado BTC-PERP
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Aevo BTC-PERP
Bitget BTCUSDT
HTX BTC-USDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
Binance BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
MEXC 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
Bullet BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
SunX BTC-USDT
Phemex BTCUSDT
Bulk BTC-USD
Kraken Futures PF_XBTUSD
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Reya BTCRUSDPERP
Kalshi KXBTCPERP
GMX BTC/USD [WBTC.b-USDC]
Hibachi BTC/USDT-P
Deribit BTC-PERPETUAL
Aftermath Perps BTCUSD