Funding you earn now, next payment 22:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h +0.015%
Price spread now: Aevo against Injective−0.133%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$280.276% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 3 days (all we have)+0.154%+$15 · spread now −0.133%, 7d avg −0.033%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.100% cheaper against Injective than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective BTC/USDC PERP | 86,732 | 0.0049 | pay 0.0006% / 1h | 47m 20s | $315K | $26.8M | 52x |
| Short | Aevo BTC-PERP | 86,616.5 | 0.0048 | get 0.0006% / 1h | 47m 20s | $2.4M | $1.3M | 20x |
Injective BTC/USDC PERP
Aevo BTC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Injective. 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
- −$0.22
- Price spread: −0.133% → −0.033%
- −$9.98
- Slippage, 4 orders
- −$11.57
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$37.8
- Costs to cover
- 0.276%
- Break-even
- never at this rate
Slippage from Injective: live order book, 2 min ago; Aevo: live order book, 2 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 Injective live order book, 2 min ago | 3.41 bp | 3.7 bp −$4 | 13.2 bp −$132 | doesn't fit | doesn't fit |
| Sell Aevo live order book, 2 min ago | 1.33 bp | 10.7 bp −$11 | 12.1 bp −$121 | 15.1 bp −$1,506 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl BTC | −0.0335% | 43m | 86,624.5 | −0.124% | $426K | $25.1M | 6.7x | as long as short |
| Aftermath Perps BTCUSD | −0.0205% | 1h | 86,674 | −0.067% | $85K | $188K | 20x | as long as short |
| Phoenix BTC | −0.0103% | 1h | 86,579 | −0.176% | $2.2M | $12.4M | 40x | as long as short |
| dYdX BTC-USD | −0.0092% | 1h | 86,651.2 | −0.093% | $18.0M | $20.0M | 50x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,596 | −0.157% | $9K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0002% | 8h | 86,595 | −0.158% | $844.7M | $709.3M | 125x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 86,628.4 | −0.119% | $361K | $2.5M | 50x | as long as short |
| Deribit BTC-PERPETUAL | 0.0000% | 1h | 86,643.1 | −0.102% | $938.7M | $1.42B | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0005% | 1h | 86,635.1 | −0.112% | $36.6M | — | 200x | as long as short |
| Aster BTCUSDT | +0.0012% | 8h | 86,587.8 | −0.166% | $505.6M | $1.16B | 200x | as long as short |
Perpl BTC
Aftermath Perps BTCUSD
Phoenix BTC
dYdX BTC-USD
Hotstuff BTC-PERP
KuCoin XBTUSDTM
01 Exchange BTCUSD
Deribit BTC-PERPETUAL
gTrade (Gains Network) BTC/USD
Aster BTCUSDTShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya BTCRUSDPERP | +0.0021% | 1h | 86,601 | −0.151% | $6.7M | $144.0M | 40x | as long as short |
| BingX BTC-USDT | +0.0021% | 8h | 86,603.2 | −0.149% | — | $1.59B | — | as long as short |
| Phemex BTCUSDT | +0.0026% | 8h | 86,606.6 | −0.145% | $149.6M | $470.6M | 150x | as long as short |
| Bitget BTCUSDT | +0.0027% | 8h | 86,600.1 | −0.152% | $2.94B | $5.07B | 150x | as long as short |
| MEXC BTC_USDT | +0.0048% | 8h | 86,599.5 | −0.153% | $5.19B | $5.64B | 500x | as long as short |
| Aevo BTC-PERPshort | +0.0048% | 1h | 86,616.5 | −0.133% | $2.4M | $1.3M | 20x | |
| Binance BTCUSDT | +0.0048% | 8h | 86,600.3 | −0.152% | $9.43B | $24.30B | 150x | as long as short |
| Injective BTC/USDC PERPlong | +0.0049% | 1h | 86,732 | long leg | $315K | $26.8M | 52x | |
| OKX BTC-USDT-SWAP | +0.0061% | 8h | 86,607.2 | −0.144% | $2.57B | $12.69B | 100x | as long as short |
| RISEx BTC/USDC | +0.0063% | 1h | 86,620.7 | −0.128% | $9.2M | $42.1M | 25x | as long as short |
| Gate BTC_USDT | +0.0066% | 8h | 86,606.4 | −0.145% | $5.86B | $10.58B | 200x | as long as short |
| Bybit BTCUSDT | +0.0079% | 8h | 86,603.3 | −0.148% | $5.28B | $9.66B | 150x | as long as short |
| Variational Omni BTC | +0.0088% | 8h | 86,626.8 | −0.121% | $159.8M | $564.2M | — | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,621.4 | −0.128% | $171.8M | $1.01B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,623.7 | −0.125% | $24.0M | $152.9M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,603 | −0.149% | $8.5M | $52.1M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0097% | 8h | 86,590 | −0.164% | $217.4M | $189.0M | 50x | as long as short |
| Orderly PERP_BTC_USDC | +0.0099% | 8h | 86,623.7 | −0.125% | $2.5M | $8.5M | 100x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,648.1 | −0.097% | $4.8M | $8.2M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,595 | −0.158% | $200K | $6.8M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,599.5 | −0.153% | $21.8M | $236.2M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,678.8 | −0.061% | $3.83B | $5.10B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,638.6 | −0.108% | $40.9M | $485.8M | 50x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,609 | −0.142% | $3.9M | $18.8M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,678.6 | −0.062% | $7.4M | $94.4M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,665 | −0.077% | $572.2M | $23.5M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,637.4 | −0.109% | $38.2M | $148.1M | 75x | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,590.7 | −0.163% | $279.7M | $948.0M | 100x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,636.4 | −0.110% | $141.8M | $322.7M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,613.9 | −0.136% | $30.8M | $205.7M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,670.5 | −0.071% | — | $11.6M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,609 | −0.142% | $11.0M | $13.7M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,607.3 | −0.144% | $198K | $3.4M | 20x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 86,629 | −0.119% | $141K | $619K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,614.1 | −0.136% | $30.0M | $61.5M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,600.3 | −0.152% | $3.4M | $5.6M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 86,602 | −0.150% | $60.4M | $336.5M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 86,604.4 | −0.147% | $2.30B | $955.5M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,607.6 | −0.143% | $46.6M | $229.1M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,631.8 | −0.116% | — | $98.0M | 500x | as long as short |
| Kalshi KXBTCPERP | +0.0109% | 8h | 86,664 | −0.078% | $8.8M | $723.2M | 6.4x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0117% | 1h | 86,641.1 | −0.105% | $191.5M | $927.4M | 100x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0120% | 1h | 86,654 | −0.090% | $131.9M | $5.88B | 50x | as long as short |
| BloFin BTC-USDT | +0.0168% | 8h | 86,618.6 | −0.131% | $418.8M | $642.0M | 150x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0181% / S −0.0198% | 1h | 86,622.7 | −0.126% | $15.4M | — | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.0208% | 1h | 86,618.9 | −0.130% | $601K | $7.2M | 30x | as long as short |
Reya BTCRUSDPERP
BingX BTC-USDT
Phemex BTCUSDT
Bitget BTCUSDT
MEXC BTC_USDT
Binance BTCUSDT
OKX BTC-USDT-SWAP
RISEx BTC/USDC
Gate BTC_USDT
Bybit BTCUSDT
Variational Omni BTC
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
GRVT BTC_USDT_Perp
Orderly PERP_BTC_USDC
Paradex BTC-USD-PERP
Katana Perps BTC-USD
Nado BTC-PERP
Hyperliquid BTC
Pacifica BTC
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Backpack BTC_USDC_PERP
edgeX BTCUSDC
ApeX Omni BTCUSDT
StandX BTC-USD
Vest BTC-PERP
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
Jupiter Perps WBTC-PERP
Kalshi KXBTCPERP
Kraken Futures PF_XBTUSD
Coinbase International BTC-PERP-INTX
BloFin BTC-USDT
GMX BTC/USD [WBTC.b-USDC]
Hibachi BTC/USDT-P