Funding you earn now, next payment 07:23 UTC+0.0467%/8h= +51.1% APRpaid last 24h −0.020%
Price spread now: Perpl against BloFin+0.014%7-day average +0.018% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.296%+$30 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.014%, 7d avg +0.018%
=Together, before fees+0.319%+ Points / potential airdropPerpl: Active · farm board+$32 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.296% in total (about 15.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BTC-USDT | 85,279.8 | −0.0020 | get 0.0020% / 8h | 1m 13s | $421.4M | $684.9M | 150x |
| Short | Perpl BTC | 85,291.7 | 0.0447 | get 0.0040% / 43m | 33m 13s | $465K | $18.4M | 6.7x |
BloFin BTC-USDT
Perpl BTCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl against BloFin. 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
- $97.97
- Price spread: +0.014% → +0.018%
- −$0.37
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- $71.79
- Costs to cover
- 0.258%
- Break-even
- 1.9 days
Slippage unknown: BloFin: live order book, 8 min ago; Perpl: no order-book sample. Net counts fees only.
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 BloFin live order book, 8 min ago | 0.02 bp | 6.0 bp −$6 | 6.0 bp −$60 | 6.4 bp −$640 | 7.5 bp −$3,770 |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,266 | −0.016% | $8K | $3K | 50x | as long as short |
| Phoenix BTC | −0.0034% | 1h | 85,306 | +0.031% | $2.3M | $10.8M | 40x | as long as short |
| BloFin BTC-USDTlong | −0.0020% | 8h | 85,279.8 | long leg | $421.4M | $684.9M | 150x | |
| KuCoin XBTUSDTM | −0.0003% | 8h | 85,274.1 | −0.007% | $928.6M | $776.6M | 125x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 85,290.2 | +0.012% | $345K | $2.3M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,294.1 | +0.017% | $36.5M | — | 200x | as long as short |
| Aster BTCUSDT | +0.0017% | 8h | 85,302.1 | +0.026% | $502.3M | $1.09B | 200x | as long as short |
| dYdX BTC-USD | +0.0021% | 1h | 85,277.8 | −0.002% | $16.7M | $21.0M | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0026% | 1h | 85,290.7 | +0.013% | $186.3M | $953.9M | 100x | as long as short |
| Injective BTC/USDC PERP | +0.0067% | 1h | 85,267 | −0.015% | $311K | $26.1M | 52x | as long as short |
Hotstuff BTC-PERP
Phoenix BTC
KuCoin XBTUSDTM
01 Exchange BTCUSD
gTrade (Gains Network) BTC/USD
Aster BTCUSDT
dYdX BTC-USD
Kraken Futures PF_XBTUSD
Injective BTC/USDC PERPShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BTC-USDC | +0.0067% | 8h | 85,258.6 | −0.025% | — | $17.4M | — | as long as short |
| Bybit BTCUSDT | +0.0089% | 8h | 85,290.2 | +0.012% | $5.09B | $10.03B | 150x | as long as short |
| Deribit BTC-PERPETUAL | +0.0091% | 1h | 85,313.9 | +0.040% | $829.7M | $1.67B | 50x | as long as short |
| Nado BTC-PERP | +0.0096% | 1h | 85,250.1 | −0.035% | $24.0M | $219.8M | 50x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,293.5 | +0.016% | $169.4M | $1.03B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,292 | +0.014% | $23.6M | $149.3M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,283 | +0.004% | $8.4M | $57.9M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,278 | −0.002% | $2.4M | $6.7M | 20x | as long as short |
| ApeX Omni BTCUSDT | +0.0097% | 1h | 85,273.7 | −0.007% | $138.0M | $312.8M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,241 | −0.045% | $264K | $8.7M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,294.6 | +0.017% | $5.7M | $9.5M | 50x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,275.3 | −0.005% | $40.0M | $605.4M | 50x | as long as short |
| Binance BTCUSDT | +0.0100% | 8h | 85,289 | +0.011% | $9.40B | $25.18B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,283.3 | +0.004% | $2.60B | $12.26B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,251 | −0.034% | $3.8M | $17.3M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,276.5 | −0.004% | $4.6M | $97.7M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,256 | −0.028% | $695.2M | $190.7M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,276.6 | −0.004% | $5.46B | $11.19B | 200x | as long as short |
| MEXC BTC_USDT | +0.0100% | 8h | 85,280.8 | +0.001% | $5.03B | $5.78B | 500x | as long as short |
| Bitget BTCUSDT | +0.0100% | 8h | 85,281.5 | +0.002% | $2.97B | $5.20B | 150x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,257.6 | −0.026% | $36.7M | $191.2M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,262.8 | −0.020% | $155.2M | $549.3M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,267.5 | −0.014% | $282.8M | $959.2M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,278.8 | −0.001% | $214.0M | $159.3M | 50x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,287 | +0.008% | $30.1M | $215.9M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,352.9 | +0.086% | — | $9.9M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,282 | +0.003% | $10.9M | $15.0M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,285.5 | +0.007% | $199K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,279.8 | 0.000% | $2.6M | $9.8M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,334.1 | +0.064% | $193K | $796K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,317.2 | +0.044% | $28.8M | $46.9M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,249 | −0.036% | $2.9M | $6.1M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,276 | −0.004% | $59.7M | $336.6M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,267.5 | −0.014% | $2.25B | $974.1M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,293 | +0.015% | $158.8M | $516.3M | 150x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,258.7 | −0.025% | $45.7M | $241.3M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,266.9 | −0.015% | — | $106.7M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,334.7 | +0.064% | $111.6M | $5.47B | 50x | as long as short |
| Hyperliquid BTC | +0.0129% | 1h | 85,367 | +0.102% | $3.79B | $5.11B | 40x | as long as short |
| Reya BTCRUSDPERP | +0.0145% | 1h | 85,278.1 | −0.002% | $6.6M | $141.1M | 40x | as long as short |
| Kalshi KXBTCPERP | +0.0173% | 8h | 85,290 | +0.012% | $11.9M | $737.5M | 6.4x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0174% / S −0.0149% | 1h | 85,281.5 | +0.002% | $13.0M | — | 200x | as long as short |
| RISEx BTC/USDC | +0.0174% | 1h | 85,285.7 | +0.007% | $8.9M | $42.9M | 25x | as long as short |
| Aftermath Perps BTCUSD | +0.0287% | 1h | 85,296.9 | +0.020% | $81K | $249K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0304% | 1h | 85,308.7 | +0.034% | $682K | $7.8M | 30x | as long as short |
| Perpl BTCshort | +0.0447% | 43m | 85,291.7 | +0.014% | $465K | $18.4M | 6.7x |
BingX BTC-USDC
Bybit BTCUSDT
Deribit BTC-PERPETUAL
Nado BTC-PERP
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Aevo BTC-PERP
ApeX Omni BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Pacifica BTC
Binance BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Gate BTC_USDT
MEXC BTC_USDT
Bitget BTCUSDT
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
Derive BTC-PERP
SunX BTC-USDT
SoDEX BTC-USD
HTX BTC-USDT
Phemex BTCUSDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Hyperliquid BTC
Reya BTCRUSDPERP
Kalshi KXBTCPERP
GMX BTC/USD [WBTC.b-USDC]
RISEx BTC/USDC
Aftermath Perps BTCUSD
Hibachi BTC/USDT-P