Funding you earn now, next payment 03:00 UTC−0.0030%/8h= −3.3% APRpaid last 24h −0.018%
Price spread now: Bitget against Pacifica−0.031%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$200.202% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now −0.031%, 7d avg −0.024%
=Together, before fees−0.041%+ Points / potential airdropPacifica: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.024%, 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 | Pacifica BTC | 85,814.6 | 0.0100 | pay 0.0013% / 1h | 20m 58s | $40.2M | $574.8M | 50x |
| Short | Bitget BTCUSDT | 85,787.6 | 0.0070 | get 0.0070% / 8h | 5h 20m | $2.96B | $5.02B | 150x |
Pacifica BTC
Bitget BTCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$6.3
- Price spread: −0.031% → −0.024%
- −$0.71
- Slippage, 4 orders
- −$0.18
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$27.19
- Costs to cover
- 0.202%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 3 min ago; Bitget: live order book, 3 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 Bitget live order book, 3 min ago | 0.01 bp | 6.0 bp −$6 | 6.0 bp −$60 | 7.1 bp −$712 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin BTC-PERP | −0.0359% | 1h | 85,824.6 | +0.012% | $197K | $722K | 40x | as long as short |
| Phoenix BTC | −0.0160% | 1h | 85,789 | −0.030% | $2.2M | $10.3M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,818 | +0.004% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0040% | 1h | 85,801.9 | −0.015% | $369K | $2.3M | 50x | as long as short |
| BloFin BTC-USDT | −0.0034% | 8h | 85,792 | −0.026% | $416.7M | $665.4M | 150x | as long as short |
| dYdX BTC-USD | 0.0000% | 1h | 85,796.5 | −0.021% | $16.8M | $21.2M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,799.6 | −0.017% | $36.7M | — | 200x | as long as short |
| KuCoin XBTUSDTM | +0.0007% | 8h | 85,780.2 | −0.040% | $919.3M | $751.5M | 125x | as long as short |
| Nado BTC-PERP | +0.0010% | 1h | 85,803.4 | −0.013% | $22.7M | $220.1M | 50x | as long as short |
| Aster BTCUSDT | +0.0019% | 8h | 85,776.1 | −0.045% | $516.8M | $1.10B | 200x | as long as short |
Bluefin BTC-PERP
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
BloFin BTC-USDT
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
KuCoin XBTUSDTM
Nado BTC-PERP
Aster BTCUSDTShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BTC-USDC | +0.0054% | 8h | 85,775.2 | −0.046% | — | $17.0M | — | as long as short |
| Bitget BTCUSDTshort | +0.0070% | 8h | 85,787.6 | −0.031% | $2.96B | $5.02B | 150x | |
| Reya BTCRUSDPERP | +0.0071% | 1h | 85,797.4 | −0.020% | $6.7M | $146.5M | 40x | as long as short |
| Phemex BTCUSDT | +0.0076% | 8h | 85,783.6 | −0.036% | $148.3M | $479.6M | 150x | as long as short |
| HTX BTC-USDT | +0.0079% | 8h | 85,786.6 | −0.033% | $2.27B | $935.2M | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0079% | 1h | 85,807 | −0.009% | $341K | $26.9M | 52x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 85,775 | −0.046% | $2.5M | $1.7M | 20x | as long as short |
| MEXC BTC_USDT | +0.0085% | 8h | 85,781.1 | −0.039% | $5.06B | $5.63B | 500x | as long as short |
| Binance BTCUSDT | +0.0086% | 8h | 85,780.1 | −0.040% | $9.36B | $23.87B | 150x | as long as short |
| Deribit BTC-PERPETUAL | +0.0086% | 1h | 85,824.8 | +0.012% | $891.8M | $1.52B | 50x | as long as short |
| SunX BTC-USDT | +0.0090% | 8h | 85,763.3 | −0.060% | $2.9M | $6.1M | 100x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,790.1 | −0.029% | $170.2M | $993.9M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,793.5 | −0.025% | $24.0M | $148.7M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,803 | −0.014% | $8.4M | $52.2M | 100x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,843.8 | +0.034% | $3.8M | $8.2M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,774 | −0.047% | $198K | $7.8M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,859 | +0.052% | $3.75B | $4.97B | 40x | as long as short |
| Pacifica BTClong | +0.0100% | 1h | 85,814.6 | long leg | $40.2M | $574.8M | 50x | |
| Bybit BTCUSDT | +0.0100% | 8h | 85,796.1 | −0.022% | $5.34B | $9.56B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,797.9 | −0.019% | $2.58B | $12.11B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,791 | −0.028% | $3.9M | $18.0M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,771.3 | −0.050% | $6.7M | $97.5M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,791.5 | −0.027% | $5.56B | $10.54B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,776.3 | −0.045% | $35.1M | $172.2M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,772.2 | −0.049% | $155.9M | $551.3M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,654 | −0.187% | $279.8M | $920.3M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,717.9 | −0.113% | $215.3M | $166.0M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,706.4 | −0.126% | $140.3M | $314.7M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,705.2 | −0.128% | $30.3M | $209.7M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,842.7 | +0.033% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,801 | −0.016% | $11.1M | $14.1M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,794.1 | −0.024% | $192K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,778.1 | −0.043% | $2.4M | $8.8M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,782.9 | −0.037% | $30.0M | $51.0M | 15x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,783 | −0.037% | $60.1M | $336.1M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,681.9 | −0.155% | $628.9M | $439.0M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,765.7 | −0.057% | $44.2M | $226.8M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,800.5 | −0.016% | — | $105.9M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,828.7 | +0.016% | $130.4M | $5.10B | 50x | as long as short |
| RISEx BTC/USDC | +0.0120% | 1h | 85,830.9 | +0.019% | $8.4M | $42.1M | 25x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0138% | 1h | 85,809.4 | −0.006% | $188.9M | $951.8M | 100x | as long as short |
| Aftermath Perps BTCUSD | +0.0197% | 1h | 85,743.4 | −0.083% | $78K | $219K | 20x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0203% / S −0.0179% | 1h | 85,796.3 | −0.021% | $13.6M | — | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.0208% | 1h | 85,748.8 | −0.077% | $703K | $7.8M | 30x | as long as short |
| Kalshi KXBTCPERP | +0.0218% | 8h | 85,819 | +0.005% | $10.5M | $757.7M | 6.4x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,814.8 | 0.000% | $513K | $19.3M | 6.7x | as long as short |
BingX BTC-USDC
Reya BTCRUSDPERP
Phemex BTCUSDT
HTX BTC-USDT
Injective BTC/USDC PERP
Aevo BTC-PERP
MEXC BTC_USDT
Binance BTCUSDT
Deribit BTC-PERPETUAL
SunX BTC-USDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Paradex BTC-USD-PERP
Katana Perps BTC-USD
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
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Derive BTC-PERP
SoDEX BTC-USD
Bulk BTC-USD
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
RISEx BTC/USDC
Kraken Futures PF_XBTUSD
Aftermath Perps BTCUSD
GMX BTC/USD [WBTC.b-USDC]
Hibachi BTC/USDT-P
Kalshi KXBTCPERP
Perpl BTC