Funding you earn now, next payment 02:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h +0.006%
Price spread now: Extended against MEXC−0.023%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$90.093% of the position
Funding, last 7 days+0.056%+$6 on $10k
+Price spread, last 7 days+0.010%+$1 · spread now −0.023%, 7d avg −0.036%
=Together, before fees+0.066%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BTC_USDT | 85,878.5 | 0.0081 | pay 0.0081% / 8h | 6h 49m | $5.09B | $5.66B | 500x |
| Short | Extended BTC-USD | 85,858.9 | 0.0104 | get 0.0013% / 1h | 49m 42s | $44.9M | $226.3M | 50x |
MEXC BTC_USDT
Extended BTC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against MEXC. 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
- $4.83
- Price spread: −0.023% → −0.036%
- $1.33
- Slippage, 4 orders
- −$0.28
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$3.12
- Costs to cover
- 0.093%
- Break-even
- 11.5 days
Slippage from MEXC: live order book, 4 min ago; Extended: live order book, 4 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 MEXC live order book, 4 min ago | 0.01 bp | 2.2 bp −$2 | 2.5 bp −$25 | 2.7 bp −$273 | 3.0 bp −$1,521 |
| Sell Extended live order book, 4 min ago | 0.06 bp | 2.6 bp −$3 | 2.6 bp −$26 | 2.8 bp −$282 | 9.6 bp −$4,823 |
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 | −0.0144% | 1h | 85,641 | −0.277% | $2.2M | $10.5M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,779 | −0.116% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0056% | 1h | 85,813.2 | −0.076% | $365K | $2.3M | 50x | as long as short |
| BloFin BTC-USDT | −0.0039% | 8h | 85,793.5 | −0.099% | $415.3M | $657.4M | 150x | as long as short |
| ApeX Omni BTCUSDT | −0.0008% | 1h | 85,747.6 | −0.152% | $140.2M | $320.8M | 100x | as long as short |
| dYdX BTC-USD | 0.0000% | 1h | 85,837.1 | −0.048% | $16.8M | $20.6M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 85,832.4 | −0.054% | $512K | $21.3M | 6.7x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,819.3 | −0.069% | $36.7M | — | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0020% | 1h | 85,810 | −0.080% | $341K | $26.9M | 52x | as long as short |
| Aster BTCUSDT | +0.0031% | 8h | 85,867.5 | −0.013% | $498.2M | $1.13B | 200x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
BloFin BTC-USDT
ApeX Omni BTCUSDT
dYdX BTC-USD
Perpl BTC
gTrade (Gains Network) BTC/USD
Injective BTC/USDC PERP
Aster BTCUSDTShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XBTUSDTM | +0.0042% | 8h | 85,859.4 | −0.022% | $894.7M | $756.2M | 125x | as long as short |
| RISEx BTC/USDC | +0.0044% | 1h | 85,841.6 | −0.043% | $8.1M | $42.6M | 25x | as long as short |
| BingX BTC-USDT | +0.0052% | 8h | 85,874.6 | −0.005% | — | $1.59B | — | as long as short |
| Reya BTCRUSDPERP | +0.0052% | 1h | 85,799 | −0.093% | $6.7M | $146.0M | 40x | as long as short |
| HTX BTC-USDT | +0.0057% | 8h | 85,815.9 | −0.073% | $2.28B | $968.8M | 200x | as long as short |
| Bitget BTCUSDT | +0.0066% | 8h | 85,878.4 | 0.000% | $2.95B | $5.13B | 150x | as long as short |
| Nado BTC-PERP | +0.0079% | 1h | 85,801 | −0.090% | $22.5M | $228.7M | 50x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 85,820.9 | −0.067% | $2.5M | $1.8M | 20x | as long as short |
| MEXC BTC_USDTlong | +0.0081% | 8h | 85,878.5 | long leg | $5.09B | $5.66B | 500x | |
| Binance BTCUSDT | +0.0083% | 8h | 85,867.8 | −0.012% | $9.35B | $24.59B | 150x | as long as short |
| Gate BTC_USDT | +0.0086% | 8h | 85,881.9 | +0.004% | $5.66B | $10.36B | 200x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,854.1 | −0.028% | $170.9M | $976.3M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,864.5 | −0.016% | $23.3M | $145.1M | 50x | as long as short |
| GRVT BTC_USDT_Perp | +0.0096% | 8h | 85,757.5 | −0.141% | $215.4M | $162.7M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,833 | −0.053% | $8.4M | $52.5M | 100x | as long as short |
| Deribit BTC-PERPETUAL | +0.0097% | 1h | 85,871.4 | −0.008% | $895.0M | $1.54B | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,804 | −0.087% | $206K | $7.5M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,860.2 | −0.021% | $3.8M | $8.8M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,944 | +0.076% | $3.77B | $5.02B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,856.5 | −0.026% | $40.8M | $566.3M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,892.4 | +0.016% | $5.26B | $9.80B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,892.9 | +0.017% | $2.55B | $12.56B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,825 | −0.062% | $3.9M | $17.9M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,818.4 | −0.070% | $7.3M | $98.0M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,888.3 | +0.011% | $579.3M | $92.3M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,858.3 | −0.024% | $35.2M | $162.7M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,782.9 | −0.111% | $155.6M | $556.1M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,687.9 | −0.222% | $277.7M | $941.4M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,793.4 | −0.099% | $30.4M | $206.6M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,856.9 | −0.025% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,825 | −0.062% | $11.0M | $14.2M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,815.9 | −0.073% | $191K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,833.6 | −0.052% | $2.4M | $9.1M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,846.1 | −0.038% | $186K | $709K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,840.6 | −0.044% | $30.0M | $57.4M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,807.5 | −0.083% | $2.9M | $6.6M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,836 | −0.049% | $60.1M | $338.1M | 40x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,847.6 | −0.036% | $153.8M | $476.8M | 150x | as long as short |
| Extended BTC-USDshort | +0.0104% | 1h | 85,858.9 | −0.023% | $44.9M | $226.3M | 50x | |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,814.8 | −0.074% | — | $101.7M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,871.1 | −0.009% | $131.7M | $5.26B | 50x | as long as short |
| Hibachi BTC/USDT-P | +0.0120% | 1h | 85,813.4 | −0.076% | $707K | $8.0M | 30x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0146% | 1h | 85,864.3 | −0.017% | $189.4M | $969.6M | 100x | as long as short |
| Aftermath Perps BTCUSD | +0.0153% | 1h | 85,829.7 | −0.057% | $77K | $217K | 20x | as long as short |
| Kalshi KXBTCPERP | +0.0203% | 8h | 85,840 | −0.045% | $9.9M | $768.5M | 6.4x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0204% / S −0.0194% | 1h | 85,812.5 | −0.077% | $13.8M | — | 200x | as long as short |
KuCoin XBTUSDTM
RISEx BTC/USDC
BingX BTC-USDT
Reya BTCRUSDPERP
HTX BTC-USDT
Bitget BTCUSDT
Nado BTC-PERP
Aevo BTC-PERP
Binance BTCUSDT
Gate BTC_USDT
Lighter BTC
Lighter RH BTC
GRVT BTC_USDT_Perp
Popdex BTCUSDT
Deribit BTC-PERPETUAL
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
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
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
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Hibachi BTC/USDT-P
Kraken Futures PF_XBTUSD
Aftermath Perps BTCUSD
Kalshi KXBTCPERP
GMX BTC/USD [WBTC.b-USDC]