Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.010%
Price spread now: Extended against HTX−0.006%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$170.172% of the position
Funding, last 7 days+0.088%+$9 on $10k
+Price spread, last 3 days (all we have)+0.082%+$8 · spread now −0.006%, 7d avg −0.017%
=Together, before fees+0.170%+ Points / potential airdropExtended: Active · farm board+$17 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX BTC-USDT | 86,530.7 | 0.0100 | pay 0.0100% / 8h | 2h 39m | $2.30B | $956.7M | 200x |
| Short | Extended BTC-USD | 86,525.6 | 0.0104 | get 0.0013% / 1h | 39m 15s | $46.4M | $228.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against HTX. 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: −0.006% → −0.017%
- $1.11
- Slippage, 4 orders
- −$0.17
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$15.22
- Costs to cover
- 0.172%
- Break-even
- 133.8 days
Slippage from HTX: live order book, 5 min ago; Extended: live order book, 5 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 HTX live order book, 5 min ago | 0.01 bp | 6.0 bp −$6 | 6.0 bp −$60 | 7.0 bp −$705 | 10.0 bp −$5,022 |
| Sell Extended live order book, 5 min ago | 0.06 bp | 2.6 bp −$3 | 3.6 bp −$36 | 4.7 bp −$472 | 10.7 bp −$5,345 |
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 | −0.0223% | 43m | 86,583.4 | +0.061% | $429K | $24.9M | 6.7x | as long as short |
| Aftermath Perps BTCUSD | −0.0219% | 1h | 86,610.4 | +0.092% | $85K | $188K | 20x | as long as short |
| Phoenix BTC | −0.0103% | 1h | 86,607 | +0.088% | $2.2M | $12.4M | 40x | as long as short |
| dYdX BTC-USD | −0.0100% | 1h | 86,611.8 | +0.094% | $17.7M | $20.3M | 50x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,612 | +0.094% | $9K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0001% | 8h | 86,540.9 | +0.012% | $844.7M | $707.5M | 125x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 86,574.3 | +0.050% | $361K | $2.4M | 50x | as long as short |
| Deribit BTC-PERPETUAL | 0.0000% | 1h | 86,566.2 | +0.041% | $936.5M | $1.43B | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0005% | 1h | 86,571.8 | +0.047% | $36.6M | — | 200x | as long as short |
| Aster BTCUSDT | +0.0010% | 8h | 86,548.4 | +0.020% | $505.4M | $1.16B | 200x | as long as short |
Show all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya BTCRUSDPERP | +0.0021% | 1h | 86,537.1 | +0.007% | $6.7M | $144.2M | 40x | as long as short |
| BingX BTC-USDC | +0.0022% | 8h | 86,536.9 | +0.007% | — | $15.3M | — | as long as short |
| Phemex BTCUSDT | +0.0026% | 8h | 86,530.7 | 0.000% | $149.6M | $470.7M | 150x | as long as short |
| Bitget BTCUSDT | +0.0027% | 8h | 86,536.6 | +0.007% | $2.94B | $5.07B | 150x | as long as short |
| Aevo BTC-PERP | +0.0048% | 1h | 86,539.9 | +0.011% | $2.4M | $1.3M | 20x | as long as short |
| Injective BTC/USDC PERP | +0.0049% | 1h | 86,732 | +0.233% | $315K | $26.8M | 52x | as long as short |
| MEXC BTC_USDT | +0.0050% | 8h | 86,549.1 | +0.021% | $5.18B | $5.66B | 500x | as long as short |
| Binance BTCUSDT | +0.0051% | 8h | 86,534.8 | +0.005% | $9.43B | $24.30B | 150x | as long as short |
| RISEx BTC/USDC | +0.0063% | 1h | 86,559.6 | +0.033% | $9.2M | $41.9M | 25x | as long as short |
| OKX BTC-USDT-SWAP | +0.0067% | 8h | 86,543 | +0.014% | $2.56B | $12.68B | 100x | as long as short |
| Gate BTC_USDT | +0.0067% | 8h | 86,546.9 | +0.019% | $5.84B | $10.61B | 200x | as long as short |
| Bybit BTCUSDT | +0.0078% | 8h | 86,540.2 | +0.011% | $5.27B | $9.66B | 150x | as long as short |
| Variational Omni BTC | +0.0091% | 8h | 86,619.6 | +0.103% | $160.0M | $567.4M | — | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,544.2 | +0.016% | $171.9M | $1.01B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,549.7 | +0.022% | $24.0M | $153.3M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,548 | +0.020% | $8.5M | $52.1M | 100x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,595.7 | +0.075% | $4.8M | $8.2M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,541 | +0.012% | $197K | $6.8M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,571.1 | +0.047% | $21.8M | $235.8M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,621 | +0.104% | $3.82B | $5.10B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,598.4 | +0.078% | $41.3M | $490.3M | 50x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,569 | +0.044% | $3.9M | $18.6M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,614.3 | +0.097% | $7.4M | $93.7M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,606.9 | +0.088% | $571.9M | $22.8M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,623.5 | +0.107% | $38.1M | $148.2M | 75x | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,603.7 | +0.084% | $279.8M | $949.2M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,620.3 | +0.104% | $217.5M | $188.3M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,631.1 | +0.116% | $141.6M | $323.0M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,602 | +0.082% | $30.8M | $205.7M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,630.5 | +0.115% | — | $11.6M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,552 | +0.025% | $11.1M | $13.7M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,550 | +0.022% | $193K | $3.4M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,555.5 | +0.029% | $2.5M | $8.5M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 86,561.7 | +0.036% | $140K | $619K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,552.3 | +0.025% | $30.0M | $61.7M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,572.6 | +0.048% | $3.4M | $5.5M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 86,535 | +0.005% | $60.4M | $336.4M | 40x | as long as short |
| HTX BTC-USDTlong | +0.0100% | 8h | 86,530.7 | long leg | $2.30B | $956.7M | 200x | |
| Extended BTC-USDshort | +0.0104% | 1h | 86,525.6 | −0.006% | $46.4M | $228.1M | 50x | |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,568.3 | +0.043% | — | $98.2M | 500x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0117% | 1h | 86,567.1 | +0.042% | $190.4M | $930.3M | 100x | as long as short |
| Kalshi KXBTCPERP | +0.0120% | 8h | 86,578 | +0.055% | $8.8M | $723.8M | 6.4x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0120% | 1h | 86,578.9 | +0.056% | $131.9M | $5.86B | 50x | as long as short |
| BloFin BTC-USDT | +0.0171% | 8h | 86,555 | +0.028% | $416.9M | $646.9M | 150x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0178% / S −0.0185% | 1h | 86,566.8 | +0.042% | $14.9M | — | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.0224% | 1h | 86,648.2 | +0.136% | $602K | $7.2M | 30x | as long as short |
HTX BTC-USDT
Extended BTC-USD
Aftermath Perps BTCUSD
Phoenix BTC
KuCoin XBTUSDTM
01 Exchange BTCUSD
Deribit BTC-PERPETUAL
gTrade (Gains Network) BTC/USD
Aster BTCUSDT
BingX BTC-USDC
Phemex BTCUSDT
Bitget BTCUSDT
Injective BTC/USDC PERP
MEXC BTC_USDT
Binance BTCUSDT
RISEx BTC/USDC
OKX BTC-USDT-SWAP
Gate BTC_USDT
Bybit BTCUSDT
Variational Omni BTC
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Paradex BTC-USD-PERP
Katana Perps BTC-USD
Hyperliquid BTC
Pacifica BTC
Bulk BTC-USD
Backpack BTC_USDC_PERP
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
Kraken Futures PF_XBTUSD
Kalshi KXBTCPERP
Coinbase International BTC-PERP-INTX
BloFin BTC-USDT
GMX BTC/USD [WBTC.b-USDC]