Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
My profile →
My profile
Funding arb · Price arb / Crypto

BTC

All BTC markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
AZversebtc_usdt
80,262.1+0.0091pay 0.0011% / 1h46m 22s$17.3M$25.3M—Long AZverse
SHORT
Jupiter PerpsWBTC-PERP
80,319.6L +0.0112S +0.0056pay 0.0007% / 1h46m 22s—$25.2M250xShort Jupiter Perps
Price gap+0.072%
Funding gap−0.0147% /8h

The gap pays +$16 on $10k if it goes back to its 7d average, but funding costs $4 a day and eats that in about 3.5 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$3−0.0147% /8h now · paid −0.029% over the last 21 hours (all we have)
Price+$16spread +0.072% now, avg −0.084% → +0.156% if it goes back
Costsno datano order book for AZverse and Jupiter Perps
Result, before costs+$13+0.13%no pointscosts unknown: no order book for AZverse and Jupiter Perps · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.072%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

BTC on 56 exchanges

lowest funding first

Before you open

3 ok · 0 to watch
  • Note: Order book unknown—
    No order-book sample for AZverse and Jupiter Perps: its slippage is not counted.
  • Note: Margin at max leverage— + $40
    AZverse —, Jupiter Perps 250x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$4.42Long AZverse: 24 payments, −$2.74; short Jupiter Perps: 24 payments, −$1.68.
  • OK: Entry gap works for you+0.072% vs −0.084%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Open interest unknown$17.3M vs — OI
    Jupiter Perps reports no open interest, so the legs cannot be compared.
  • Note: No points program—
    Neither exchange runs points right now.
  • OK: No KYC on either legAZverse No · Jupiter Perps No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0108%/8h × 21 periods−$22.67
Price spread+0.072% → −0.084% (7d avg)+$15.56
Slippage, 4 ordersno data for AZverse and Jupiter Perps—
Fee AZverse bp × 2 orders−$12.00
Fee Jupiter Perps bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$31.11
Costs to cover0.240%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Jupiter Perps: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGAZverse—————
SELL · SHORTJupiter Perps—————

Closing costs about the same again.
AZverse and Jupiter Perps: no data.

Alert

BTC news

posts that mention BTC, from every exchangeSearch all news →
10-24 00:20BingXOtherwhat’s your ultimate exit price for $btc? 🟠 @BingXOfficial on X ↗
10-23 16:00AsterListingBTCUSDC, ETHUSDC, and SOLUSDC perpetuals are now live on Aster. Another step forward with @arc and @circle in expanding @USDC's role in onchain trading. @Aster_DEX on X ↗
10-23 12:50AsterListingnew market BTCUSDC ($BTC) seen by our collector
10-23 10:15PhemexOther$BTC ran to ~$85K this week, then snapped back to $81K. A classic grid would've watched from the sidelines once price left the range. When price breaks the top, it drops the lowest buy and places a new sell above. Range-bound or breaking out, which one are you trading this week? 👇 @Phemex_official on X ↗
10-23 01:12GateOtherWhat if your everyday spending could give you more back? With Gate Card, spend $BTC, $ETH, $USDT, and $GT on everything from shopping and dining to travel and subscriptions, and earn up to 8% cashback on eligible purchases. Apple Pay, Google Wallet, WeChat Pay, and Alipay supported. Crypto for everyday life, made simple. Get your Gate Card: @Gate on X ↗
10-22 19:25ExtendedOtherExtended now settles on @arc. The migration of $120 million in TVL is complete, with open positions and orders carried across. Trading continued throughout the process. What this means for our users: • Faster deposits and withdrawals, leveraging Arc’s sub-second finality. • Native USDC transfers through Circle’s CCTP. • cirBTC is now the BTC collateral asset. Deposits and withdrawals are open again. @extendedapp on X ↗