Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.124%
Price spread now: Aevo against Bluefin−0.046%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs+$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$330.333% of the position
Funding, last 7 days+0.353%+$35 on $10k
+Price spread, last 4 days (all we have)+0.047%+$5 · spread now −0.046%, 7d avg 0.000%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.046% cheaper against Bluefin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bluefin BTC-PERP | 85,426.2 | 0.0100 | pay 0.0013% / 1h | 41m 01s | $194K | $795K | 40x |
| Short | Aevo BTC-PERP | 85,387.1 | 0.0096 | get 0.0012% / 1h | 41m 01s | $2.4M | $6.7M | 20x |
Bluefin BTC-PERP
Aevo BTC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Bluefin. 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
- −$0.84
- Price spread: −0.046% → 0.000%
- −$4.56
- Slippage, 4 orders
- −$10.26
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$38.66
- Costs to cover
- 0.333%
- Break-even
- never at this rate
Slippage from Bluefin: live order book, 63 min ago; Aevo: live order book, 3 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 Bluefin live order book, 63 min ago | 1.09 bp | 5.9 bp −$6 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell Aevo live order book, 3 min ago | 0.90 bp | 9.9 bp −$10 | 11.0 bp −$110 | doesn't fit | doesn't fit |
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 | 85,391 | −0.041% | $8K | $3K | 50x | as long as short |
| Phoenix BTC | −0.0034% | 1h | 85,472 | +0.054% | $2.3M | $10.8M | 40x | as long as short |
| KuCoin XBTUSDTM | −0.0025% | 8h | 85,397.9 | −0.033% | $931.5M | $775.3M | 125x | as long as short |
| BloFin BTC-USDT | −0.0022% | 8h | 85,388.6 | −0.044% | $421.1M | $682.5M | 150x | as long as short |
| Aster BTCUSDT | −0.0005% | 8h | 85,377.3 | −0.057% | $512.0M | $1.08B | 200x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 85,409.4 | −0.020% | $348K | $2.3M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 85,409.9 | −0.019% | $465K | $18.3M | 6.7x | as long as short |
| dYdX BTC-USD | +0.0004% | 1h | 85,440 | +0.016% | $16.7M | $21.0M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,401.4 | −0.029% | $36.5M | — | 200x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0026% | 1h | 85,403.3 | −0.027% | $185.8M | $952.4M | 100x | as long as short |
Hotstuff BTC-PERP
Phoenix BTC
KuCoin XBTUSDTM
BloFin BTC-USDT
Aster BTCUSDT
01 Exchange BTCUSD
Perpl BTC
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
Kraken Futures PF_XBTUSDShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni BTCUSDT | +0.0066% | 1h | 85,421.4 | −0.006% | $139.6M | $312.8M | 100x | as long as short |
| Injective BTC/USDC PERP | +0.0067% | 1h | 85,367 | −0.069% | $338K | $24.6M | 52x | as long as short |
| BingX BTC-USDT | +0.0067% | 8h | 85,389 | −0.044% | — | $1.57B | — | as long as short |
| Nado BTC-PERP | +0.0082% | 1h | 85,408.6 | −0.021% | $24.1M | $220.1M | 50x | as long as short |
| Bybit BTCUSDT | +0.0084% | 8h | 85,363.2 | −0.074% | $5.13B | $9.98B | 150x | as long as short |
| Bitget BTCUSDT | +0.0092% | 8h | 85,365.7 | −0.071% | $2.97B | $5.18B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,403.8 | −0.026% | $168.9M | $1.01B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,403.9 | −0.026% | $23.6M | $148.0M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,391 | −0.041% | $8.4M | $57.4M | 100x | as long as short |
| Aevo BTC-PERPshort | +0.0096% | 1h | 85,387.1 | −0.046% | $2.4M | $6.7M | 20x | |
| MEXC BTC_USDT | +0.0097% | 8h | 85,388.8 | −0.044% | $5.05B | $5.73B | 500x | as long as short |
| Binance BTCUSDT | +0.0098% | 8h | 85,381.4 | −0.052% | $9.41B | $25.01B | 150x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,374 | −0.061% | $272K | $8.7M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,444.3 | +0.021% | $5.8M | $9.5M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,477 | +0.059% | $3.75B | $5.07B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,425.1 | −0.001% | $40.1M | $605.5M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,372.2 | −0.063% | $2.60B | $12.21B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,394 | −0.038% | $3.8M | $17.4M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,408 | −0.021% | $4.7M | $96.8M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,349 | −0.090% | $691.7M | $275.1M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,391.6 | −0.041% | $5.53B | $11.03B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,379.1 | −0.055% | $37.2M | $184.9M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,426.4 | 0.000% | $156.0M | $554.8M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,384.5 | −0.049% | $283.1M | $956.0M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,426.5 | 0.000% | $214.4M | $159.5M | 50x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,395.3 | −0.036% | $30.1M | $209.8M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,456.5 | +0.035% | — | $10.1M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,392 | −0.040% | $11.0M | $14.7M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,396.4 | −0.035% | $197K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,389.1 | −0.043% | $2.6M | $9.8M | 100x | as long as short |
| Bluefin BTC-PERPlong | +0.0100% | 1h | 85,426.2 | long leg | $194K | $795K | 40x | |
| Derive BTC-PERP | +0.0100% | 1h | 85,373.2 | −0.062% | $30.0M | $45.9M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,386.8 | −0.046% | $2.9M | $6.1M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,388 | −0.045% | $59.8M | $336.5M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,388.8 | −0.044% | $2.26B | $967.3M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,396.5 | −0.035% | $159.0M | $514.5M | 150x | as long as short |
| Deribit BTC-PERPETUAL | +0.0102% | 1h | 85,431.9 | +0.007% | $840.7M | $1.66B | 50x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,361.4 | −0.076% | $45.5M | $241.1M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,400.2 | −0.030% | — | $106.0M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,430.1 | +0.005% | $112.3M | $5.48B | 50x | as long as short |
| Reya BTCRUSDPERP | +0.0138% | 1h | 85,376.1 | −0.059% | $6.6M | $146.2M | 40x | as long as short |
| Kalshi KXBTCPERP | +0.0173% | 8h | 85,425 | −0.001% | $12.0M | $736.5M | 6.4x | as long as short |
| RISEx BTC/USDC | +0.0174% | 1h | 85,413.2 | −0.015% | $8.8M | $42.8M | 25x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0175% / S −0.0147% | 1h | 85,400.1 | −0.031% | $13.0M | — | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.0200% | 1h | 85,459.3 | +0.039% | $684K | $7.7M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0298% | 1h | 85,453.3 | +0.032% | $79K | $252K | 20x | as long as short |
ApeX Omni BTCUSDT
Injective BTC/USDC PERP
BingX BTC-USDT
Nado BTC-PERP
Bybit BTCUSDT
Bitget BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
MEXC BTC_USDT
Binance BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Gate 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
Derive BTC-PERP
SunX BTC-USDT
SoDEX BTC-USD
HTX BTC-USDT
Phemex BTCUSDT
Deribit BTC-PERPETUAL
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Reya BTCRUSDPERP
Kalshi KXBTCPERP
RISEx BTC/USDC
GMX BTC/USD [WBTC.b-USDC]
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD