Funding you earn now, next payment 02:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.07 per $10,000 · paid last 24h −0.008%
Price spread now: RISEx against Jupiter Perps+0.017%7-day average +0.008% · 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)−0.003%$0 on $10k
+Price spread, last 3 days (all we have)−0.019%−$2 · spread now +0.017%, 7d avg +0.008%
=The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Jupiter Perps WBTC-PERP | 85,768.1 | L +0.0104% / S +0.0056% | pay 0.0013% / 1h | 23m 24s | — | $101.0M | 500x |
| Short | RISEx BTC/USDC | 85,782.8 | 0.0044 | get 0.0006% / 1h | 23m 24s | $8.2M | $42.0M | 25x |
Jupiter Perps WBTC-PERP
RISEx BTC/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- −$12.58
- Price spread: +0.017% → +0.008%
- $0.92
- Slippage, 4 orders
- no order book: not counted
- Fee Jupiter Perps: 6 bp × 2 orders
- −$12
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$29.67
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Jupiter Perps: no order-book sample; RISEx: live order book, 1 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 RISEx live order book, 1 min ago | 0.01 bp | 3.4 bp −$3 | 3.5 bp −$35 | 12.1 bp −$1,208 | doesn't fit |
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 55 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 | −0.0144% | 1h | 85,733 | −0.041% | $2.2M | $10.5M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,777 | +0.010% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0064% | 1h | 85,746.5 | −0.025% | $365K | $2.3M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 85,774.7 | +0.008% | $514K | $20.5M | 6.7x | as long as short |
| dYdX BTC-USD | +0.0002% | 1h | 85,800 | +0.037% | $16.8M | $21.0M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,770 | +0.002% | $36.7M | — | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0020% | 1h | 85,691 | −0.090% | $340K | $26.9M | 52x | as long as short |
| KuCoin XBTUSDTM | +0.0032% | 8h | 85,744 | −0.028% | $903.4M | $754.5M | 125x | as long as short |
| Aster BTCUSDT | +0.0038% | 8h | 85,749.9 | −0.021% | $516.6M | $1.14B | 200x | as long as short |
| RISEx BTC/USDCshort | +0.0044% | 1h | 85,782.8 | +0.017% | $8.2M | $42.0M | 25x |
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
Perpl BTC
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
Injective BTC/USDC PERP
KuCoin XBTUSDTM
Aster BTCUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado BTC-PERP | +0.0053% | 1h | 85,760.6 | −0.009% | $22.6M | $227.4M | 50x | as long as short |
| BingX BTC-USDC | +0.0055% | 8h | 85,745.8 | −0.026% | — | $17.0M | — | as long as short |
| Reya BTCRUSDPERP | +0.0058% | 1h | 85,751.2 | −0.020% | $6.7M | $146.3M | 40x | as long as short |
| Bitget BTCUSDT | +0.0070% | 8h | 85,751.1 | −0.020% | $2.95B | $5.08B | 150x | as long as short |
| HTX BTC-USDT | +0.0075% | 8h | 85,734.1 | −0.040% | $2.27B | $946.6M | 200x | as long as short |
| ApeX Omni BTCUSDT | +0.0086% | 1h | 85,787 | +0.022% | $140.3M | $318.4M | 100x | as long as short |
| Aevo BTC-PERP | +0.0088% | 1h | 85,752.6 | −0.018% | $2.5M | $1.8M | 20x | as long as short |
| MEXC BTC_USDT | +0.0092% | 8h | 85,758 | −0.012% | $5.07B | $5.73B | 500x | as long as short |
| Binance BTCUSDT | +0.0093% | 8h | 85,758.3 | −0.012% | $9.34B | $24.29B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,765.6 | −0.003% | $170.4M | $990.4M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,776.4 | +0.010% | $23.5M | $147.4M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,759 | −0.011% | $8.4M | $51.9M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,729 | −0.046% | $203K | $7.5M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,738.4 | −0.035% | $3.8M | $8.4M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,819 | +0.059% | $3.76B | $4.97B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,790.3 | +0.026% | $40.3M | $571.4M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,768.6 | +0.001% | $5.31B | $9.74B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,772.3 | +0.005% | $2.54B | $12.36B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,747 | −0.025% | $4.0M | $18.3M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,727.3 | −0.048% | $7.2M | $98.1M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,744.8 | −0.027% | $590.5M | $195.3M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,764.8 | −0.004% | $5.61B | $10.55B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,745.8 | −0.026% | $35.4M | $164.8M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,799.4 | +0.036% | $156.6M | $556.2M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,740.4 | −0.032% | $278.7M | $939.3M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,794.3 | +0.030% | $215.3M | $166.3M | 50x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,774 | +0.007% | $30.3M | $208.5M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,816.8 | +0.057% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,753 | −0.018% | $11.0M | $14.3M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,759 | −0.011% | $188K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,754.9 | −0.015% | $2.4M | $9.0M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,798.1 | +0.035% | $186K | $708K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,761.7 | −0.008% | $30.0M | $56.2M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,722 | −0.054% | $2.9M | $6.6M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,757 | −0.013% | $60.0M | $337.3M | 40x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,756.3 | −0.014% | $154.2M | $480.4M | 150x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,734.1 | −0.040% | $44.1M | $227.9M | 50x | as long as short |
| Jupiter Perps WBTC-PERPlong | L +0.0104% / S +0.0056% | 1h | 85,768.1 | long leg | — | $101.0M | 500x | |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,795 | +0.031% | $131.2M | $5.15B | 50x | as long as short |
| Hibachi BTC/USDT-P | +0.0136% | 1h | 85,791.7 | +0.027% | $696K | $7.8M | 30x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0146% | 1h | 85,781.1 | +0.015% | $188.5M | $963.0M | 100x | as long as short |
| Deribit BTC-PERPETUAL | +0.0160% | 1h | 85,801.8 | +0.039% | $894.7M | $1.54B | 50x | as long as short |
| Aftermath Perps BTCUSD | +0.0165% | 1h | 85,757.3 | −0.013% | $78K | $219K | 20x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0203% / S −0.0190% | 1h | 85,766.9 | −0.001% | $13.6M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0211% | 8h | 85,798 | +0.035% | $10.1M | $769.9M | 6.4x | as long as short |
Nado BTC-PERP
BingX BTC-USDC
Reya BTCRUSDPERP
Bitget BTCUSDT
HTX BTC-USDT
ApeX Omni BTCUSDT
Aevo BTC-PERP
MEXC BTC_USDT
Binance BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
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
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
Derive BTC-PERP
SunX BTC-USDT
SoDEX BTC-USD
Phemex BTCUSDT
Extended BTC-USD
Coinbase International BTC-PERP-INTX
Hibachi BTC/USDT-P
Kraken Futures PF_XBTUSD
Deribit BTC-PERPETUAL
Aftermath Perps BTCUSD
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP