Funding you earn now, next payment 01:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.010%
Price spread now: Aftermath Perps against Pacifica−0.049%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$280.276% of the position
Funding, last 3 days (all we have)+0.030%+$3 on $10k
+Price spread, last 3 days (all we have)+0.104%+$10 · spread now −0.049%, 7d avg −0.006%
=Together, before fees+0.134%+ Points / potential airdropPacifica: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aftermath Perps is 0.044% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of −0.006%). If the spread goes back, that is −$4 on $10k: about 2.3 days of funding at the current rate (+$2 a day). At the pace of the last 3 days (+0.030% in total) that is about 4.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica BTC | 86,439.6 | 0.0100 | pay 0.0013% / 1h | 46m 15s | $40.8M | $546.1M | 50x |
| Short | Aftermath Perps BTCUSD | 86,396.9 | 0.0163 | get 0.0020% / 1h | 46m 15s | $77K | $217K | 20x |
Pacifica BTC
Aftermath Perps BTCUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against Pacifica. 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
- $13.2
- Price spread: −0.049% → −0.006%
- −$4.36
- Slippage, 4 orders
- −$10.55
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$18.71
- Costs to cover
- 0.276%
- Break-even
- 16.9 days
Slippage from Pacifica: live order book, 3 min ago; Aftermath Perps: live order book, 28 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 Pacifica live order book, 3 min ago | 0.06 bp | 4.1 bp −$4 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aftermath Perps live order book, 28 min ago | 1.00 bp | 9.4 bp −$9 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0129% | 1h | 86,332 | −0.124% | $2.2M | $11.2M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,394 | −0.053% | $9K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0032% | 1h | 86,413.4 | −0.030% | $361K | $2.4M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 86,412.1 | −0.032% | $479K | $22.0M | 6.7x | as long as short |
| Deribit BTC-PERPETUAL | +0.0001% | 1h | 86,406.1 | −0.039% | $902.4M | $1.51B | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 86,382 | −0.067% | $36.9M | — | 200x | as long as short |
| dYdX BTC-USD | +0.0017% | 1h | 86,389.5 | −0.058% | $16.9M | $20.6M | 50x | as long as short |
| Aster BTCUSDT | +0.0019% | 8h | 86,375.9 | −0.074% | $500.9M | $1.15B | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0023% | 1h | 86,616 | +0.204% | $333K | $26.9M | 52x | as long as short |
| KuCoin XBTUSDTM | +0.0032% | 8h | 86,371.3 | −0.079% | $830.0M | $723.9M | 125x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
Perpl BTC
Deribit BTC-PERPETUAL
gTrade (Gains Network) BTC/USD
dYdX BTC-USD
Aster BTCUSDT
Injective BTC/USDC PERP
KuCoin XBTUSDTMShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya BTCRUSDPERP | +0.0042% | 1h | 86,372.1 | −0.078% | $6.7M | $145.7M | 40x | as long as short |
| BingX BTC-USDT | +0.0048% | 8h | 86,382 | −0.067% | — | $1.58B | — | as long as short |
| RISEx BTC/USDC | +0.0052% | 1h | 86,408 | −0.037% | $8.3M | $42.7M | 25x | as long as short |
| Bitget BTCUSDT | +0.0061% | 8h | 86,372.4 | −0.078% | $2.97B | $5.07B | 150x | as long as short |
| Phemex BTCUSDT | +0.0063% | 8h | 86,377.9 | −0.071% | $153.6M | $478.4M | 150x | as long as short |
| MEXC BTC_USDT | +0.0076% | 8h | 86,377.1 | −0.072% | $5.13B | $5.67B | 500x | as long as short |
| Binance BTCUSDT | +0.0077% | 8h | 86,377.2 | −0.072% | $9.40B | $24.48B | 150x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 86,389.1 | −0.058% | $2.5M | $1.6M | 20x | as long as short |
| GRVT BTC_USDT_Perp | +0.0083% | 8h | 86,328.3 | −0.129% | $216.6M | $167.8M | 50x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,384.1 | −0.064% | $170.1M | $982.6M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,390.2 | −0.057% | $23.7M | $148.9M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,397 | −0.049% | $8.4M | $52.2M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,372 | −0.078% | $204K | $7.1M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,465.2 | +0.030% | $4.7M | $8.5M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,400 | −0.046% | $22.0M | $231.3M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,457 | +0.020% | $3.79B | $5.04B | 40x | as long as short |
| Pacifica BTClong | +0.0100% | 1h | 86,439.6 | long leg | $40.8M | $546.1M | 50x | |
| Bybit BTCUSDT | +0.0100% | 8h | 86,380 | −0.069% | $5.26B | $9.73B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,388 | −0.060% | $2.56B | $12.60B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,415 | −0.028% | $3.9M | $18.0M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,429.5 | −0.012% | $7.3M | $95.8M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 86,374.9 | −0.075% | $5.82B | $10.50B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,369.3 | −0.081% | $37.3M | $155.9M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,385.8 | −0.062% | $158.2M | $567.4M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,296.2 | −0.166% | $278.7M | $950.6M | 100x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,336.2 | −0.120% | $141.4M | $322.8M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,332 | −0.124% | $30.6M | $208.3M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,426 | −0.016% | — | $11.9M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,377 | −0.072% | $11.1M | $14.1M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,361.4 | −0.090% | $192K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,374.3 | −0.076% | $2.5M | $9.0M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 86,402.1 | −0.043% | $144K | $667K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,397.7 | −0.048% | $30.5M | $62.6M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,395.6 | −0.051% | $3.4M | $5.3M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 86,370 | −0.080% | $60.5M | $338.2M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 86,361.8 | −0.090% | $2.29B | $964.5M | 200x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,336.3 | −0.120% | $571.6M | $13.0M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,353.5 | −0.100% | $45.9M | $223.3M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,420.5 | −0.022% | — | $99.6M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0120% | 1h | 86,415 | −0.028% | $132.3M | $5.53B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0121% | 1h | 86,403.9 | −0.041% | $192.0M | $947.6M | 100x | as long as short |
| Hibachi BTC/USDT-P | +0.0160% | 1h | 86,408.4 | −0.036% | $711K | $8.0M | 30x | as long as short |
| Aftermath Perps BTCUSDshort | +0.0163% | 1h | 86,396.9 | −0.049% | $77K | $217K | 20x | |
| BloFin BTC-USDT | +0.0196% | 8h | 86,386.5 | −0.061% | $415.1M | $652.1M | 150x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0202% / S −0.0216% | 1h | 86,377.7 | −0.072% | $14.5M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0211% | 8h | 86,416 | −0.027% | $9.7M | $761.4M | 6.4x | as long as short |
Reya BTCRUSDPERP
BingX BTC-USDT
RISEx BTC/USDC
Bitget BTCUSDT
Phemex BTCUSDT
MEXC BTC_USDT
Binance BTCUSDT
Aevo BTC-PERP
GRVT BTC_USDT_Perp
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Nado BTC-PERP
Hyperliquid BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Gate BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
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
SunX BTC-USDT
SoDEX BTC-USD
HTX BTC-USDT
Bulk BTC-USD
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
Hibachi BTC/USDT-P
BloFin BTC-USDT
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP