Funding you earn now, next payment 03:00 UTC−0.0051%/8h= −5.6% APRpaid last 24h −0.022%
Price spread now: BingX against Jupiter Perps+0.065%7-day average −0.009% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.060%−$6 on $10k
+Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.065%, 7d avg −0.009%
=The price spread pays, funding is against you. BingX is 0.074% dearer against Jupiter Perps than usual: you sell high and buy low (spread +0.065% now, against its 7-day average of −0.009%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Jupiter Perps WBTC-PERP | 85,578.5 | L +0.0104% / S +0.0056% | pay 0.0013% / 1h | 42m 54s | — | $106.1M | 500x |
| Short | BingX BTC-USDT | 85,634.2 | 0.0053 | get 0.0053% / 8h | 5h 42m | — | $1.54B | — |
Jupiter Perps WBTC-PERP
BingX BTC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Jupiter Perps. 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
- −$10.71
- Price spread: +0.065% → −0.009%
- $7.42
- Slippage, 4 orders
- no order book: not counted
- Fee Jupiter Perps: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$25.29
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Jupiter Perps: no order-book sample; BingX: live order book, 11 min ago. Net counts fees only.
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 Jupiter Perps no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 11 min ago | 0.02 bp | 5.0 bp −$5 | 5.0 bp −$50 | 5.1 bp −$506 | 5.8 bp −$2,884 |
Jupiter 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0160% | 1h | 85,485 | −0.109% | $2.2M | $10.3M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,574 | −0.005% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0056% | 1h | 85,586.2 | +0.009% | $368K | $2.3M | 50x | as long as short |
| BloFin BTC-USDT | −0.0033% | 8h | 85,602.1 | +0.028% | $416.5M | $662.4M | 150x | as long as short |
| dYdX BTC-USD | 0.0000% | 1h | 85,596.8 | +0.021% | $16.7M | $20.9M | 50x | as long as short |
| Nado BTC-PERP | +0.0003% | 1h | 85,585.6 | +0.008% | $22.8M | $221.7M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,609.1 | +0.036% | $36.7M | — | 200x | as long as short |
| KuCoin XBTUSDTM | +0.0014% | 8h | 85,608.3 | +0.035% | $907.3M | $749.7M | 125x | as long as short |
| Aster BTCUSDT | +0.0020% | 8h | 85,616.2 | +0.044% | $515.9M | $1.11B | 200x | as long as short |
| BingX BTC-USDTshort | +0.0053% | 8h | 85,634.2 | +0.065% | — | $1.54B | — |
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
BloFin BTC-USDT
dYdX BTC-USD
Nado BTC-PERP
gTrade (Gains Network) BTC/USD
KuCoin XBTUSDTM
Aster BTCUSDTShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya BTCRUSDPERP | +0.0066% | 1h | 85,580.1 | +0.002% | $6.7M | $146.4M | 40x | as long as short |
| Bitget BTCUSDT | +0.0067% | 8h | 85,628.9 | +0.059% | $2.95B | $5.02B | 150x | as long as short |
| HTX BTC-USDT | +0.0072% | 8h | 85,610.9 | +0.038% | $2.27B | $932.2M | 200x | as long as short |
| Phemex BTCUSDT | +0.0073% | 8h | 85,619.1 | +0.047% | $148.4M | $478.6M | 150x | as long as short |
| Injective BTC/USDC PERP | +0.0079% | 1h | 85,617 | +0.045% | $340K | $26.9M | 52x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 85,623.4 | +0.053% | $2.5M | $1.7M | 20x | as long as short |
| SunX BTC-USDT | +0.0086% | 8h | 85,577.7 | −0.001% | $2.9M | $6.1M | 100x | as long as short |
| MEXC BTC_USDT | +0.0086% | 8h | 85,626.1 | +0.056% | $5.04B | $5.60B | 500x | as long as short |
| Binance BTCUSDT | +0.0087% | 8h | 85,633.3 | +0.064% | $9.34B | $23.89B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,632.1 | +0.063% | $169.6M | $986.8M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,620.4 | +0.049% | $23.9M | $147.8M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,599 | +0.024% | $8.4M | $51.9M | 100x | as long as short |
| Paradex BTC-USD-PERP | +0.0099% | 8h | 85,651.5 | +0.085% | $3.8M | $8.3M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,569 | −0.011% | $205K | $7.7M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,693 | +0.134% | $3.78B | $4.94B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,645 | +0.078% | $40.2M | $571.1M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,642.5 | +0.075% | $5.34B | $9.58B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,635.4 | +0.067% | $2.56B | $12.12B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,587 | +0.010% | $3.9M | $17.9M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,564.6 | −0.016% | $7.3M | $97.2M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,562.7 | −0.018% | $616.1M | $358.9M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,626.8 | +0.057% | $5.55B | $10.45B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,603.4 | +0.029% | $35.1M | $171.7M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,485 | −0.109% | $154.0M | $550.0M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,511.8 | −0.078% | $278.9M | $932.4M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,432.8 | −0.170% | $214.5M | $161.8M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,578.6 | 0.000% | $140.0M | $316.4M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,570.9 | −0.009% | $30.3M | $211.2M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,641.2 | +0.073% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,584 | +0.006% | $11.0M | $14.1M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,600.3 | +0.025% | $189K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,609.5 | +0.036% | $2.4M | $8.8M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,653.4 | +0.088% | $197K | $722K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,626.8 | +0.056% | $30.0M | $52.5M | 15x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,634 | +0.065% | $59.9M | $336.2M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,601.7 | +0.027% | $44.0M | $227.2M | 50x | as long as short |
| Jupiter Perps WBTC-PERPlong | L +0.0104% / S +0.0056% | 1h | 85,578.5 | long leg | — | $106.1M | 500x | |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,650.9 | +0.085% | $130.9M | $5.08B | 50x | as long as short |
| Deribit BTC-PERPETUAL | +0.0118% | 1h | 85,665.3 | +0.101% | $893.4M | $1.52B | 50x | as long as short |
| RISEx BTC/USDC | +0.0120% | 1h | 85,616.6 | +0.045% | $8.3M | $42.2M | 25x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0138% | 1h | 85,645 | +0.078% | $187.6M | $948.8M | 100x | as long as short |
| Aftermath Perps BTCUSD | +0.0195% | 1h | 85,567.8 | −0.012% | $78K | $219K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0200% | 1h | 85,583.5 | +0.006% | $697K | $7.9M | 30x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0203% / S −0.0180% | 1h | 85,604.8 | +0.031% | $13.6M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0211% | 8h | 85,630 | +0.060% | $10.6M | $760.4M | 6.4x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,626.4 | +0.056% | $524K | $19.5M | 6.7x | as long as short |
Reya BTCRUSDPERP
Bitget BTCUSDT
HTX BTC-USDT
Phemex BTCUSDT
Injective BTC/USDC PERP
Aevo BTC-PERP
SunX BTC-USDT
MEXC BTC_USDT
Binance BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Paradex BTC-USD-PERP
Katana Perps BTC-USD
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
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
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
Coinbase International BTC-PERP-INTX
Deribit BTC-PERPETUAL
RISEx BTC/USDC
Kraken Futures PF_XBTUSD
Aftermath Perps BTCUSD
Hibachi BTC/USDT-P
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
Perpl BTC