Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.017%
Price spread now: Pacifica against Gate−0.009%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$230.231% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 7 days+0.019%+$2 · spread now −0.009%, 7d avg +0.025%
=Together, before fees+0.105%+ Points / potential airdropPacifica: Active · farm board+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.034% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BTC_USDT | 85,570.8 | 0.0100 | pay 0.0100% / 8h | 5h 45m | $5.55B | $10.43B | 200x |
| Short | Pacifica BTC | 85,563.1 | 0.0100 | get 0.0013% / 1h | 45m 45s | $40.1M | $571.1M | 50x |
Gate BTC_USDT
Pacifica BTCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Gate. 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
- Price spread: −0.009% → +0.025%
- −$3.44
- Slippage, 4 orders
- −$0.13
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$26.57
- Costs to cover
- 0.231%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Pacifica: 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 Gate live order book, 3 min ago | 0.01 bp | 7.5 bp −$8 | 7.5 bp −$75 | 7.6 bp −$762 | 17.3 bp −$8,650 |
| Sell Pacifica live order book, 3 min ago | 0.06 bp | 4.1 bp −$4 | 4.4 bp −$44 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0160% | 1h | 85,599 | +0.033% | $2.2M | $10.3M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,414 | −0.183% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0056% | 1h | 85,474.2 | −0.113% | $367K | $2.3M | 50x | as long as short |
| dYdX BTC-USD | 0.0000% | 1h | 85,541.1 | −0.035% | $16.7M | $20.9M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,510.5 | −0.070% | $36.6M | — | 200x | as long as short |
| Nado BTC-PERP | +0.0007% | 1h | 85,488.6 | −0.096% | $22.6M | $221.7M | 50x | as long as short |
| BloFin BTC-USDT | +0.0007% | 8h | 85,370.2 | −0.234% | — | $657.3M | 150x | as long as short |
| KuCoin XBTUSDTM | +0.0015% | 8h | 85,504 | −0.078% | $905.7M | $747.1M | 125x | as long as short |
| Aster BTCUSDT | +0.0018% | 8h | 85,519.6 | −0.060% | $515.6M | $1.11B | 200x | as long as short |
| BingX BTC-USDC | +0.0053% | 8h | 85,546.8 | −0.028% | — | $17.0M | — | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
Nado BTC-PERP
BloFin BTC-USDT
KuCoin XBTUSDTM
Aster BTCUSDT
BingX BTC-USDCShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya BTCRUSDPERP | +0.0065% | 1h | 85,486.2 | −0.099% | $6.7M | $146.4M | 40x | as long as short |
| Bitget BTCUSDT | +0.0067% | 8h | 85,555 | −0.018% | $2.95B | $5.02B | 150x | as long as short |
| HTX BTC-USDT | +0.0070% | 8h | 85,480 | −0.106% | $2.26B | $931.0M | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0079% | 1h | 85,617 | +0.054% | $340K | $26.9M | 52x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 85,495.3 | −0.088% | $2.4M | $1.7M | 20x | as long as short |
| MEXC BTC_USDT | +0.0085% | 8h | 85,542 | −0.034% | $5.04B | $5.59B | 500x | as long as short |
| SunX BTC-USDT | +0.0086% | 8h | 85,466.9 | −0.121% | $2.9M | $6.1M | 100x | as long as short |
| Binance BTCUSDT | +0.0086% | 8h | 85,543 | −0.032% | $9.33B | $23.86B | 150x | as long as short |
| Phemex BTCUSDT | +0.0089% | 8h | 85,485.8 | −0.099% | $148.1M | $478.6M | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,541.9 | −0.034% | $169.3M | $986.1M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,529.7 | −0.048% | $23.9M | $147.7M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,485 | −0.100% | $8.4M | $51.7M | 100x | as long as short |
| Paradex BTC-USD-PERP | +0.0099% | 8h | 85,587.1 | +0.019% | $3.8M | $8.3M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,537 | −0.039% | $205K | $7.7M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,575 | +0.005% | $3.77B | $4.93B | 40x | as long as short |
| Pacifica BTCshort | +0.0100% | 1h | 85,563.1 | −0.009% | $40.1M | $571.1M | 50x | |
| Bybit BTCUSDT | +0.0100% | 8h | 85,556.3 | −0.017% | $5.33B | $9.58B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,559 | −0.014% | $2.56B | $12.11B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,566 | −0.006% | $3.9M | $17.9M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,523.9 | −0.055% | $7.2M | $97.0M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,562.7 | −0.010% | $616.1M | $358.9M | 40x | as long as short |
| Gate BTC_USDTlong | +0.0100% | 8h | 85,570.8 | long leg | $5.55B | $10.43B | 200x | |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,509.8 | −0.071% | $35.0M | $171.3M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,485 | −0.100% | $154.0M | $550.0M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,502.5 | −0.080% | $278.2M | $930.0M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,638.3 | +0.079% | $215.0M | $160.7M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,513.3 | −0.067% | $139.9M | $316.2M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,432.3 | −0.162% | $30.3M | $211.4M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,525.7 | −0.053% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,486 | −0.099% | $11.0M | $14.1M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,504 | −0.078% | $188K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,496.9 | −0.086% | $2.4M | $8.8M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,532.2 | −0.045% | $196K | $722K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,495.5 | −0.088% | $30.0M | $52.6M | 15x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,500 | −0.083% | $59.9M | $336.3M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,537.2 | −0.039% | $44.1M | $227.1M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,382.3 | −0.220% | — | $104.4M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,529 | −0.049% | $130.6M | $5.07B | 50x | as long as short |
| RISEx BTC/USDC | +0.0120% | 1h | 85,593.2 | +0.026% | $8.4M | $42.2M | 25x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0139% | 1h | 85,517.8 | −0.062% | $187.4M | $948.9M | 100x | as long as short |
| Deribit BTC-PERPETUAL | +0.0165% | 1h | 85,542.2 | −0.033% | $894.8M | $1.52B | 50x | as long as short |
| Aftermath Perps BTCUSD | +0.0198% | 1h | 85,524.7 | −0.054% | $78K | $219K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0200% | 1h | 85,464.2 | −0.125% | $698K | $7.8M | 30x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0203% / S −0.0181% | 1h | 85,506.1 | −0.076% | $13.6M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0210% | 8h | 85,472 | −0.115% | $10.6M | $759.8M | 6.4x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,494.4 | −0.089% | $528K | $19.6M | 6.7x | as long as short |
Reya BTCRUSDPERP
Bitget BTCUSDT
HTX BTC-USDT
Injective BTC/USDC PERP
Aevo BTC-PERP
MEXC BTC_USDT
SunX BTC-USDT
Binance BTCUSDT
Phemex BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Paradex BTC-USD-PERP
Katana Perps BTC-USD
Hyperliquid BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
Derive BTC-PERP
SoDEX BTC-USD
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
RISEx BTC/USDC
Kraken Futures PF_XBTUSD
Deribit BTC-PERPETUAL
Aftermath Perps BTCUSD
Hibachi BTC/USDT-P
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
Perpl BTC