Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb · Price arb /

BTC

all BTC markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.011%
Price spread now: Ondo Perps against HTX+0.041%7-day average +0.019% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on HTXShort on Ondo Perps
What this pair did over the last
the charts below follow
Funding, last 7 days+0.084%+$8 on $10k
Price spread, last 3 days (all we have)+0.007%+$1 · spread now +0.041%, 7d avg +0.019%
Together, before fees+0.091%+ Points / potential airdropOndo Perps: Active · farm board+$9 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: Ondo Perps is 0.023% dearer against HTX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BTC-USDT86,504.30.0100pay 0.0100% / 8h6m 43s$2.30B$968.2M200x
ShortOndo Perps BTC-USD.P86,5400.0100get 0.0013% / 1h6m 43s$3.9M$18.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.041% → +0.019%
$2.27
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$14.73
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 2 min ago; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 2 min ago0.01 bp6.0 bp −$66.1 bp −$617.4 bp −$74310.1 bp −$5,069
Sell Ondo Perps no order-book sample—————
Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix BTC−0.0118%1h86,444−0.070%$2.2M$11.8M40xas long as short
Hotstuff BTC-PERP−0.0080%1h86,516+0.014%$9K$3K50xas long as short
Injective BTC/USDC PERP−0.0035%1h86,345−0.184%$332K$26.9M52xas long as short
RISEx BTC/USDC−0.0024%1h86,495.7−0.010%$8.3M$42.7M25xas long as short
01 Exchange BTCUSD−0.0016%1h86,502.7−0.002%$360K$2.4M50xas long as short
Perpl BTC0.0000%43m86,537.7+0.039%$412K$22.4M6.7xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0005%1h86,534.5+0.035%$36.9M—200xas long as short
Aster BTCUSDT+0.0011%8h86,538.3+0.039%$502.0M$1.15B200xas long as short
KuCoin XBTUSDTM+0.0022%8h86,526.6+0.026%$834.8M$728.2M125xas long as short
Reya BTCRUSDPERP+0.0036%1h86,520.6+0.019%$6.7M$145.5M40xas long as short
Show all 56 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BTC-USDT+0.0044%8h86,520.4+0.019%—$1.59B—as long as short
Phemex BTCUSDT+0.0056%8h86,520.6+0.019%$151.5M$478.8M150xas long as short
Bitget BTCUSDT+0.0056%8h86,515.6+0.013%$2.97B$5.12B150xas long as short
dYdX BTC-USD+0.0063%1h86,506.6+0.003%$16.9M$21.2M50xas long as short
Aevo BTC-PERP+0.0072%1h86,512.7+0.010%$2.5M$1.4M20xas long as short
MEXC BTC_USDT+0.0074%8h86,521.7+0.020%$5.16B$5.69B500xas long as short
Binance BTCUSDT+0.0075%8h86,523.7+0.022%$9.45B$24.53B150xas long as short
Gate BTC_USDT+0.0082%8h86,536+0.037%$5.85B$10.81B200xas long as short
Lighter BTC+0.0096%1h86,540.4+0.042%$170.0M$1.02B50xas long as short
Lighter RH BTC+0.0096%1h86,540.5+0.042%$23.8M$153.1M50xas long as short
Popdex BTCUSDT+0.0096%1h86,487−0.020%$8.5M$52.3M100xas long as short
Bybit BTCUSDT+0.0099%8h86,518.5+0.016%$5.27B$9.79B150xas long as short
Katana Perps BTC-USD+0.0100%8h86,475−0.034%$196K$7.1M50xas long as short
Paradex BTC-USD-PERP+0.0100%8h86,558.3+0.062%$4.8M$8.5M50xas long as short
Nado BTC-PERP+0.0100%1h86,513.1+0.010%$21.7M$233.9M50xas long as short
Hyperliquid BTC+0.0100%1h86,609+0.121%$3.80B$5.10B40xas long as short
Pacifica BTC+0.0100%1h86,552.5+0.056%$41.1M$538.1M50xas long as short
OKX BTC-USDT-SWAP+0.0100%8h86,525+0.024%$2.55B$12.74B100xas long as short
Ondo Perps BTC-USD.Pshort+0.0100%1h86,540+0.041%$3.9M$18.4M25x
Arcus BTC-USD+0.0100%1h86,552.1+0.055%$7.3M$96.1M40xas long as short
Backpack BTC_USDC_PERP+0.0100%1h86,515.1+0.012%$38.1M$155.9M75xas long as short
Variational Omni BTC+0.0100%8h86,407.7−0.112%$157.0M$567.1M—as long as short
edgeX BTCUSDC+0.0100%4h86,442.3−0.072%$279.2M$947.3M100xas long as short
GRVT BTC_USDT_Perp+0.0100%8h86,461.1−0.050%$217.1M$172.4M50xas long as short
ApeX Omni BTCUSDT+0.0100%1h86,464.5−0.046%$141.5M$323.1M100xas long as short
StandX BTC-USD+0.0100%1h86,448−0.065%$30.7M$206.7M40xas long as short
Vest BTC-PERP+0.0100%1h86,547+0.049%—$11.9M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h86,498−0.007%$11.1M$13.9M50xas long as short
Bullet BTC-USD+0.0100%1h86,516.7+0.014%$193K$3.3M20xas long as short
Orderly PERP_BTC_USDC+0.0100%8h86,514.3+0.012%$2.5M$9.3M100xas long as short
Bluefin BTC-PERP+0.0100%1h86,550+0.053%$141K$663K40xas long as short
Derive BTC-PERP+0.0100%1h86,549.7+0.052%$30.5M$62.6M15xas long as short
SunX BTC-USDT+0.0100%8h86,511.7+0.009%$3.4M$5.3M100xas long as short
SoDEX BTC-USD+0.0100%1h86,520+0.018%$60.5M$338.1M40xas long as short
HTX BTC-USDTlong+0.0100%8h86,504.3long leg$2.30B$968.2M200x
Bulk BTC-USD+0.0100%1h86,452.9−0.059%$572.2M$12.3M40xas long as short
Extended BTC-USD+0.0104%1h86,527.6+0.027%$45.7M$225.5M50xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h86,536+0.037%—$100.0M500xas long as short
Kraken Futures PF_XBTUSD+0.0110%1h86,555.2+0.059%$193.1M$953.1M100xas long as short
Coinbase International BTC-PERP-INTX+0.0112%1h86,568.6+0.074%$132.2M$5.64B50xas long as short
Aftermath Perps BTCUSD+0.0161%1h86,496.5−0.009%$78K$219K20xas long as short
Hibachi BTC/USDT-P+0.0176%1h86,525.2+0.024%$717K$8.1M30xas long as short
BloFin BTC-USDT+0.0194%8h86,523.4+0.022%$415.5M$659.2M150xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0200% / S −0.0224%1h86,529.6+0.029%$15.0M—200xas long as short
Kalshi KXBTCPERP+0.0208%8h86,542+0.044%$10.3M$753.0M6.4xas long as short
Deribit BTC-PERPETUAL+0.0335%1h86,580.3+0.088%$913.4M$1.49B50xas long as short