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

BTC

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.52 per $10,000 · paid last 24h −0.007%
Price spread now: Bitget against Aster−0.006%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$200.200% of the position
Long on AsterShort on Bitget
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 7 days+0.018%+$2 · spread now −0.006%, 7d avg −0.001%
Together, before fees+0.016%+ Points / potential airdropAster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BTCUSDT86,528.80.0000get 0.0000% / 8h37m 04s$501.9M$1.15B200x
ShortBitget BTCUSDT86,523.90.0052get 0.0052% / 8h37m 04s$2.96B$5.12B150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Aster. 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
$10.98
Price spread: −0.006% → −0.001%
−$0.44
Slippage, 4 orders
−$0.02
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$9.48
Costs to cover
0.200%
Break-even
13.0 days
Slippage from Aster: live order book, 2 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 2 min ago0.01 bp4.0 bp −$44.6 bp −$464.9 bp −$4867.1 bp −$3,546
Sell Bitget live order book, 2 min ago0.01 bp6.0 bp −$66.0 bp −$606.5 bp −$6467.7 bp −$3,867

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−0.0118%1h86,598+0.080%$2.2M$11.8M40xas long as short
Hotstuff BTC-PERP−0.0080%1h86,532+0.004%$9K$3K50xas long as short
Injective BTC/USDC PERP−0.0035%1h86,568+0.045%$333K$26.8M52xas long as short
RISEx BTC/USDC−0.0024%1h86,560.7+0.037%$8.3M$42.9M25xas long as short
01 Exchange BTCUSD−0.0024%1h86,568.9+0.046%$359K$2.5M50xas long as short
Aster BTCUSDTlong0.0000%8h86,528.8long leg$501.9M$1.15B200x
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h86,557.6+0.033%$36.9M—200xas long as short
KuCoin XBTUSDTM+0.0014%8h86,541.3+0.014%$850.8M$715.3M125xas long as short
Reya BTCRUSDPERP+0.0028%1h86,544.7+0.018%$6.7M$145.4M40xas long as short
dYdX BTC-USD+0.0028%1h86,582.8+0.062%$17.0M$21.1M50xas long as short
Show all 56 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BTC-USDT+0.0042%8h86,528.3−0.001%—$1.59B—as long as short
Phemex BTCUSDT+0.0046%8h86,537.3+0.010%$150.6M$479.1M150xas long as short
Bitget BTCUSDTshort+0.0052%8h86,523.9−0.006%$2.96B$5.12B150x
Deribit BTC-PERPETUAL+0.0053%1h86,572.9+0.051%$915.5M$1.48B50xas long as short
MEXC BTC_USDT+0.0071%8h86,535.4+0.008%$5.15B$5.65B500xas long as short
Binance BTCUSDT+0.0071%8h86,529.7+0.001%$9.43B$24.58B150xas long as short
Aevo BTC-PERP+0.0072%1h86,528.40.000%$2.4M$1.3M20xas long as short
Gate BTC_USDT+0.0083%8h86,531.2+0.003%$5.88B$10.75B200xas long as short
Lighter BTC+0.0096%1h86,537.8+0.010%$170.4M$1.01B50xas long as short
Lighter RH BTC+0.0096%1h86,553.4+0.028%$24.0M$151.9M50xas long as short
Popdex BTCUSDT+0.0096%1h86,556+0.031%$8.5M$52.6M100xas long as short
SoDEX BTC-USD+0.0100%1h86,533+0.005%$60.5M$337.8M40xas long as short
Bybit BTCUSDT+0.0100%8h86,526.7−0.002%$5.26B$9.82B150xas long as short
Katana Perps BTC-USD+0.0100%8h86,530+0.001%$197K$7.0M50xas long as short
Paradex BTC-USD-PERP+0.0100%8h86,578.1+0.057%$4.8M$8.5M50xas long as short
Nado BTC-PERP+0.0100%1h86,540.7+0.014%$21.8M$234.9M50xas long as short
Hyperliquid BTC+0.0100%1h86,607+0.090%$3.80B$5.10B40xas long as short
Pacifica BTC+0.0100%1h86,573.4+0.052%$40.8M$527.8M50xas long as short
OKX BTC-USDT-SWAP+0.0100%8h86,530.9+0.002%$2.55B$12.75B100xas long as short
Ondo Perps BTC-USD.P+0.0100%1h86,562+0.038%$3.9M$18.6M25xas long as short
Arcus BTC-USD+0.0100%1h86,584.4+0.064%$7.5M$95.2M40xas long as short
Backpack BTC_USDC_PERP+0.0100%1h86,526.3−0.003%$38.4M$155.5M75xas long as short
Variational Omni BTC+0.0100%8h86,585.8+0.066%$157.4M$570.0M—as long as short
edgeX BTCUSDC+0.0100%4h86,532.3+0.004%$279.5M$946.8M100xas long as short
GRVT BTC_USDT_Perp+0.0100%8h86,600.3+0.083%$217.5M$171.6M50xas long as short
ApeX Omni BTCUSDT+0.0100%1h86,533.8+0.006%$141.4M$323.1M100xas long as short
StandX BTC-USD+0.0100%1h86,558+0.034%$30.7M$204.9M40xas long as short
Vest BTC-PERP+0.0100%1h86,593.4+0.075%—$11.9M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h86,553+0.028%$11.1M$13.8M50xas long as short
Bullet BTC-USD+0.0100%1h86,544+0.018%$190K$3.3M20xas long as short
Orderly PERP_BTC_USDC+0.0100%8h86,543.6+0.017%$2.4M$9.0M100xas long as short
Bluefin BTC-PERP+0.0100%1h86,564.1+0.041%$140K$663K40xas long as short
Derive BTC-PERP+0.0100%1h86,566.7+0.044%$30.6M$62.6M15xas long as short
SunX BTC-USDT+0.0100%8h86,525.2−0.004%$3.4M$5.4M100xas long as short
HTX BTC-USDT+0.0100%8h86,534.9+0.007%$2.30B$971.0M200xas long as short
Bulk BTC-USD+0.0100%1h86,562.5+0.039%$572.7M$17.7M40xas long as short
Extended BTC-USD+0.0104%1h86,517.9−0.013%$45.4M$227.3M50xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h86,571.7+0.050%—$98.8M500xas long as short
Kraken Futures PF_XBTUSD+0.0110%1h86,561.8+0.038%$194.2M$952.4M100xas long as short
Perpl BTC+0.0112%43m86,553.3+0.028%$416K$23.2M6.7xas long as short
Coinbase International BTC-PERP-INTX+0.0112%1h86,574.8+0.053%$132.6M$5.67B50xas long as short
Aftermath Perps BTCUSD+0.0128%1h86,585.6+0.066%$79K$218K20xas long as short
BloFin BTC-USDT+0.0191%8h86,533.2+0.005%$415.7M$658.3M150xas long as short
Hibachi BTC/USDT-P+0.0192%1h86,567.2+0.044%$728K$8.1M30xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0193% / S −0.0215%1h86,552.8+0.028%$15.0M—200xas long as short
Kalshi KXBTCPERP+0.0209%8h86,577+0.056%$9.6M$744.5M6.4xas long as short