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+0.0162%/8h= +17.7% APRnext payment +$1.62 per $10,000 · paid last 24h −0.026%
Price spread now: BloFin against Aster+0.013%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$240.243% of the position
Long on AsterShort on BloFin
What this pair did over the last
the charts below follow
Funding, last 7 days+0.017%+$2 on $10k
Price spread, last 3 days (all we have)−0.109%−$11 · spread now +0.013%, 7d avg −0.004%
Together, before fees−0.092%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BTCUSDT86,543.40.0009pay 0.0009% / 8h2h 38m$505.4M$1.16B200x
ShortBloFin BTC-USDT86,5550.0171get 0.0171% / 8h2h 38m$416.9M$646.9M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$34
Price spread: +0.013% → −0.004%
$1.72
Slippage, 4 orders
−$4.28
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$11.44
Costs to cover
0.243%
Break-even
4.6 days
Slippage from Aster: live order book, 6 min ago; BloFin: live order book, 6 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, 6 min ago0.01 bp5.3 bp −$55.6 bp −$565.9 bp −$5907.5 bp −$3,726
Sell BloFin live order book, 6 min ago1.46 bp7.5 bp −$87.6 bp −$767.8 bp −$7779.1 bp −$4,526

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
Perpl BTC−0.0223%43m86,583.4+0.046%$429K$24.9M6.7xas long as short
Aftermath Perps BTCUSD−0.0219%1h86,610.4+0.077%$85K$188K20xas long as short
Phoenix BTC−0.0103%1h86,607+0.073%$2.2M$12.4M40xas long as short
dYdX BTC-USD−0.0100%1h86,558+0.017%$17.6M$20.5M50xas long as short
Hotstuff BTC-PERP−0.0080%1h86,514−0.034%$9K$3K50xas long as short
KuCoin XBTUSDTM−0.0001%8h86,525.1−0.021%$844.5M$707.5M125xas long as short
01 Exchange BTCUSD0.0000%1h86,578.8+0.041%$361K$2.4M50xas long as short
Deribit BTC-PERPETUAL0.0000%1h86,566.2+0.026%$936.5M$1.43B50xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0005%1h86,571.8+0.033%$36.6M—200xas long as short
Aster BTCUSDTlong+0.0009%8h86,543.4long leg$505.4M$1.16B200x
Show all 56 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya BTCRUSDPERP+0.0021%1h86,537.1−0.007%$6.7M$144.2M40xas long as short
BingX BTC-USDT+0.0022%8h86,543.20.000%—$1.59B—as long as short
Phemex BTCUSDT+0.0026%8h86,530.7−0.015%$149.6M$470.7M150xas long as short
Bitget BTCUSDT+0.0028%8h86,539.9−0.004%$2.94B$5.07B150xas long as short
Aevo BTC-PERP+0.0048%1h86,539.9−0.004%$2.4M$1.3M20xas long as short
Injective BTC/USDC PERP+0.0049%1h86,732+0.218%$315K$26.8M52xas long as short
MEXC BTC_USDT+0.0050%8h86,535.1−0.010%$5.19B$5.66B500xas long as short
Binance BTCUSDT+0.0050%8h86,554+0.012%$9.43B$24.30B150xas long as short
RISEx BTC/USDC+0.0063%1h86,554.3+0.013%$9.3M$41.9M25xas long as short
Gate BTC_USDT+0.0068%8h86,544.8+0.002%$5.84B$10.61B200xas long as short
OKX BTC-USDT-SWAP+0.0068%8h86,567.6+0.028%$2.56B$12.68B100xas long as short
Bybit BTCUSDT+0.0079%8h86,552.7+0.011%$5.27B$9.66B150xas long as short
Variational Omni BTC+0.0091%8h86,619.6+0.088%$160.0M$567.4M—as long as short
Lighter BTC+0.0096%1h86,530.6−0.015%$171.9M$1.01B50xas long as short
Lighter RH BTC+0.0096%1h86,538.2−0.006%$24.0M$153.3M50xas long as short
Popdex BTCUSDT+0.0096%1h86,554+0.012%$8.5M$52.1M100xas long as short
Paradex BTC-USD-PERP+0.0100%8h86,566.6+0.027%$4.8M$8.2M50xas long as short
Katana Perps BTC-USD+0.0100%8h86,541−0.003%$196K$6.8M50xas long as short
Nado BTC-PERP+0.0100%1h86,520−0.027%$21.7M$235.6M50xas long as short
Hyperliquid BTC+0.0100%1h86,591+0.055%$3.82B$5.10B40xas long as short
Pacifica BTC+0.0100%1h86,564.3+0.024%$41.2M$490.3M50xas long as short
Ondo Perps BTC-USD.P+0.0100%1h86,540−0.004%$3.9M$18.6M25xas long as short
Arcus BTC-USD+0.0100%1h86,608+0.075%$7.4M$93.6M40xas long as short
Bulk BTC-USD+0.0100%1h86,606.9+0.073%$571.9M$22.8M40xas long as short
Backpack BTC_USDC_PERP+0.0100%1h86,527.3−0.019%$38.0M$148.2M75xas long as short
edgeX BTCUSDC+0.0100%4h86,603.7+0.070%$279.8M$949.2M100xas long as short
GRVT BTC_USDT_Perp+0.0100%8h86,620.3+0.089%$217.5M$188.3M50xas long as short
ApeX Omni BTCUSDT+0.0100%1h86,631.1+0.101%$141.6M$323.0M100xas long as short
StandX BTC-USD+0.0100%1h86,602+0.068%$30.8M$205.7M40xas long as short
Vest BTC-PERP+0.0100%1h86,630.5+0.101%—$11.6M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h86,552+0.010%$11.1M$13.7M50xas long as short
Bullet BTC-USD+0.0100%1h86,550+0.008%$193K$3.4M20xas long as short
Orderly PERP_BTC_USDC+0.0100%8h86,555.5+0.014%$2.5M$8.5M100xas long as short
Bluefin BTC-PERP+0.0100%1h86,561.7+0.021%$140K$619K40xas long as short
Derive BTC-PERP+0.0100%1h86,552.3+0.010%$30.0M$61.7M15xas long as short
SunX BTC-USDT+0.0100%8h86,572.6+0.034%$3.4M$5.5M100xas long as short
SoDEX BTC-USD+0.0100%1h86,535−0.010%$60.4M$336.4M40xas long as short
HTX BTC-USDT+0.0100%8h86,530.7−0.015%$2.30B$956.7M200xas long as short
Extended BTC-USD+0.0104%1h86,528−0.018%$46.4M$227.9M50xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h86,568.3+0.029%—$98.2M500xas long as short
Kraken Futures PF_XBTUSD+0.0117%1h86,567.1+0.027%$190.4M$930.3M100xas long as short
Kalshi KXBTCPERP+0.0120%8h86,578+0.040%$8.8M$723.8M6.4xas long as short
Coinbase International BTC-PERP-INTX+0.0120%1h86,578.9+0.041%$131.9M$5.86B50xas long as short
BloFin BTC-USDTshort+0.0171%8h86,555+0.013%$416.9M$646.9M150x
GMX BTC/USD [WBTC.b-USDC]L +0.0178% / S −0.0185%1h86,566.8+0.027%$14.9M—200xas long as short
Hibachi BTC/USDT-P+0.0224%1h86,648.2+0.121%$602K$7.2M30xas long as short