Funding you earn now, next payment 06:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.001%
Price spread now: BloFin against dYdX−0.011%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$330.327% of the position
Funding, last 7 days+0.141%+$14 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.011%, 7d avg −0.017%
=The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.141%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX BTC-USD | 85,386.9 | 0.0001 | pay 0.0000% / 1h | 16m 37s | $16.7M | $21.4M | 50x |
| Short | BloFin BTC-USDT | 85,377.4 | −0.0031 | pay 0.0031% / 8h | 2h 16m | $419.8M | $681.8M | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against dYdX. 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
- −$6.83
- Price spread: −0.011% → −0.017%
- $0.62
- Slippage, 4 orders
- −$10.7
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$38.91
- Costs to cover
- 0.327%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 3 min ago; BloFin: live order book, 8 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 dYdX live order book, 3 min ago | 2.64 bp | 13.1 bp −$13 | 15.9 bp −$159 | 24.4 bp −$2,440 | 60.2 bp −$30.1K |
| Sell BloFin live order book, 8 min ago | 0.01 bp | 6.0 bp −$6 | 6.0 bp −$60 | 6.0 bp −$601 | 7.2 bp −$3,612 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl BTC | −0.0112% | 43m | 85,381.4 | −0.006% | $526K | $18.4M | 6.7x | as long as short |
| Phoenix BTC | −0.0111% | 1h | 85,308 | −0.092% | $2.1M | $10.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,379 | −0.009% | $8K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0053% | 8h | 85,367.5 | −0.023% | $923.0M | $765.0M | 125x | as long as short |
| BloFin BTC-USDTshort | −0.0031% | 8h | 85,377.4 | −0.011% | $419.8M | $681.8M | 150x | |
| Aster BTCUSDT | −0.0012% | 8h | 85,376.9 | −0.012% | $513.0M | $1.09B | 200x | as long as short |
| 01 Exchange BTCUSD | −0.0008% | 1h | 85,405.7 | +0.022% | $354K | $2.4M | 50x | as long as short |
| dYdX BTC-USDlong | +0.0001% | 1h | 85,386.9 | long leg | $16.7M | $21.4M | 50x | |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,381.7 | −0.006% | $36.5M | — | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0023% | 1h | 85,349 | −0.044% | $339K | $26.8M | 52x | as long as short |
Show all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado BTC-PERP | +0.0039% | 1h | 85,350.6 | −0.043% | $24.8M | $222.5M | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0056% | 1h | 85,389.1 | +0.003% | $187.5M | $954.6M | 100x | as long as short |
| BingX BTC-USDT | +0.0067% | 8h | 85,387.7 | +0.001% | — | $1.56B | — | as long as short |
| Phemex BTCUSDT | +0.0076% | 8h | 85,368.5 | −0.022% | $147.8M | $505.3M | 150x | as long as short |
| Bitget BTCUSDT | +0.0086% | 8h | 85,381.4 | −0.006% | $2.96B | $5.16B | 150x | as long as short |
| MEXC BTC_USDT | +0.0088% | 8h | 85,392.3 | +0.006% | $5.05B | $5.74B | 500x | as long as short |
| Aevo BTC-PERP | +0.0088% | 1h | 85,370.9 | −0.019% | $2.4M | $6.7M | 20x | as long as short |
| Binance BTCUSDT | +0.0090% | 8h | 85,392 | +0.006% | $9.45B | $24.86B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,382 | −0.006% | $171.1M | $1.03B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,383.2 | −0.004% | $23.7M | $148.8M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,378 | −0.010% | $8.3M | $55.8M | 100x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0096% | 1h | 85,409.8 | +0.027% | $117.2M | $5.42B | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,369 | −0.021% | $238K | $8.6M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,426.9 | +0.047% | $5.8M | $9.6M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,449 | +0.073% | $3.75B | $5.07B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,405.5 | +0.022% | $40.0M | $597.7M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,379 | −0.009% | $5.15B | $9.95B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,390 | +0.004% | $2.58B | $12.21B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,387 | 0.000% | $3.8M | $17.5M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,397.3 | +0.012% | $4.6M | $98.7M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,163.7 | −0.261% | $678.5M | $565.0M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,380.8 | −0.007% | $5.50B | $11.03B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,367.4 | −0.023% | $36.3M | $176.6M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,218.8 | −0.197% | $154.2M | $561.4M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,241.6 | −0.170% | $279.4M | $948.2M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,345.8 | −0.048% | $214.4M | $167.1M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,331.7 | −0.065% | $139.5M | $314.9M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,360.6 | −0.031% | $30.1M | $207.7M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,440.9 | +0.063% | — | $10.9M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,372 | −0.017% | $11.0M | $14.4M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,377.5 | −0.011% | $205K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,382.2 | −0.005% | $2.6M | $9.6M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,420.8 | +0.040% | $228K | $760K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,352.1 | −0.041% | $30.0M | $48.0M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,334.9 | −0.061% | $2.9M | $6.1M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,377 | −0.012% | $59.8M | $336.2M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,366.2 | −0.024% | $2.26B | $941.7M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,356.9 | −0.035% | $45.0M | $239.8M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 85,386.2 | −0.001% | — | $106.9M | 500x | as long as short |
| Reya BTCRUSDPERP | +0.0117% | 1h | 85,365.9 | −0.025% | $6.6M | $147.4M | 40x | as long as short |
| Deribit BTC-PERPETUAL | +0.0165% | 1h | 85,415 | +0.033% | $866.8M | $1.61B | 50x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0176% / S −0.0151% | 1h | 85,372.4 | −0.017% | $13.0M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0190% | 8h | 85,387 | 0.000% | $11.4M | $743.4M | 6.4x | as long as short |
| Aftermath Perps BTCUSD | +0.0220% | 1h | 85,292 | −0.111% | $78K | $227K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0232% | 1h | 85,402.8 | +0.019% | $689K | $8.0M | 30x | as long as short |
| RISEx BTC/USDC | +0.0257% | 1h | 85,413.9 | +0.032% | $8.7M | $43.3M | 25x | as long as short |
BloFin BTC-USDT
Phoenix BTC
KuCoin XBTUSDTM
Aster BTCUSDT
01 Exchange BTCUSD
gTrade (Gains Network) BTC/USD
Injective BTC/USDC PERP
Kraken Futures PF_XBTUSD
BingX BTC-USDT
Phemex BTCUSDT
Bitget BTCUSDT
MEXC BTC_USDT
Binance BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Coinbase International BTC-PERP-INTX
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Bulk BTC-USD
Gate BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Polymarket Perps BTC-USD
Bullet BTC-USD
Bluefin BTC-PERP
Derive BTC-PERP
SunX BTC-USDT
SoDEX BTC-USD
HTX BTC-USDT
Extended BTC-USD
Deribit BTC-PERPETUAL
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
Aftermath Perps BTCUSD
RISEx BTC/USDC