Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: HTX against Pacifica−0.069%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$200.201% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 4 days (all we have)−0.065%−$6 · spread now −0.069%, 7d avg −0.048%
=Together, before fees−0.128%+ Points / potential airdropPacifica: Active · farm board−$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.022% cheaper against Pacifica than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica BTC | 86,237 | 0.0100 | pay 0.0013% / 1h | 57m 46s | $40.5M | $570.0M | 50x |
| Short | HTX BTC-USDT | 86,177.4 | 0.0100 | get 0.0100% / 8h | 5h 57m | $2.28B | $806.4M | 200x |
Pacifica BTC
HTX BTC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $0
- Price spread: −0.069% → −0.048%
- −$2.15
- Slippage, 4 orders
- −$0.13
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$22.29
- Costs to cover
- 0.201%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 5 min ago; HTX: live order book, 5 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, 5 min ago | 0.06 bp | 4.1 bp −$4 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 5 min ago | 0.01 bp | 6.0 bp −$6 | 6.2 bp −$62 | 8.1 bp −$812 | 11.1 bp −$5,527 |
BTC on 55 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,197 | −0.046% | $8K | $2K | 50x | as long as short |
| SoDEX BTC-USD | −0.0040% | 1h | 86,183 | −0.063% | $65.8M | $188.0M | 40x | as long as short |
| 01 Exchange BTCUSD | −0.0032% | 1h | 86,188.2 | −0.057% | $363K | $2.0M | 50x | as long as short |
| BloFin BTC-USDT | −0.0020% | 8h | 86,167.3 | −0.081% | $421.9M | $567.7M | 150x | as long as short |
| ApeX Omni BTCUSDT | −0.0012% | 1h | 86,140.2 | −0.112% | $138.1M | $295.2M | 100x | as long as short |
| dYdX BTC-USD | 0.0000% | 1h | 86,211.4 | −0.030% | $16.9M | $14.5M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 86,228.2 | −0.010% | $483K | $13.8M | 6.7x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 86,199.1 | −0.044% | $36.8M | — | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0009% | 1h | 86,214 | −0.027% | $301K | $26.1M | 52x | as long as short |
| BingX BTC-USDT | +0.0029% | 8h | 86,174.6 | −0.072% | — | $1.34B | — | as long as short |
Hotstuff BTC-PERP
SoDEX BTC-USD
01 Exchange BTCUSD
BloFin BTC-USDT
ApeX Omni BTCUSDT
dYdX BTC-USD
Perpl BTC
gTrade (Gains Network) BTC/USD
Injective BTC/USDC PERP
BingX BTC-USDTShow all 55 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XBTUSD | +0.0029% | 1h | 86,190.8 | −0.054% | $191.5M | $775.8M | 100x | as long as short |
| Aster BTCUSDT | +0.0032% | 8h | 86,145.7 | −0.106% | $513.4M | $880.1M | 200x | as long as short |
| Bybit BTCUSDT | +0.0037% | 8h | 86,159.2 | −0.090% | $5.14B | $8.18B | 150x | as long as short |
| KuCoin XBTUSDTM | +0.0052% | 8h | 86,183.1 | −0.063% | $943.4M | $638.1M | 125x | as long as short |
| Phoenix BTC | +0.0053% | 1h | 86,176 | −0.071% | $2.0M | $7.3M | 40x | as long as short |
| Gate BTC_USDT | +0.0072% | 8h | 86,176.5 | −0.070% | $5.52B | $8.86B | 200x | as long as short |
| Phemex BTCUSDT | +0.0078% | 8h | 86,174.8 | −0.072% | $170.7M | $480.4M | 150x | as long as short |
| Popdex BTCUSDT | +0.0080% | 1h | 86,181 | −0.065% | $8.8M | $45.7M | 100x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,166.9 | −0.081% | $173.8M | $850.6M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,165.4 | −0.083% | $23.6M | $118.4M | 50x | as long as short |
| Bitget BTCUSDT | +0.0096% | 8h | 86,155.4 | −0.095% | $2.99B | $4.00B | 150x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 86,167.9 | −0.080% | $2.4M | $6.7M | 20x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,164 | −0.085% | $219K | $8.1M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,239.8 | +0.003% | $6.0M | $7.8M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,214.3 | −0.026% | $23.4M | $197.4M | 50x | as long as short |
| Pacifica BTClong | +0.0100% | 1h | 86,237 | long leg | $40.5M | $570.0M | 50x | |
| Binance BTCUSDT | +0.0100% | 8h | 86,167.5 | −0.081% | $9.46B | $20.78B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,156.1 | −0.094% | $2.62B | $9.55B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,168 | −0.080% | $4.0M | $15.2M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,216 | −0.024% | $4.2M | $90.5M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,033.4 | −0.236% | $714.5M | $139.4M | 40x | as long as short |
| MEXC BTC_USDT | +0.0100% | 8h | 86,170.8 | −0.077% | $5.18B | $4.81B | 500x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,172.1 | −0.075% | $38.7M | $195.4M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,112.6 | −0.144% | $157.8M | $476.8M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,094.9 | −0.165% | $289.8M | $841.1M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,135.4 | −0.118% | $216.3M | $132.2M | 50x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,183.8 | −0.062% | $30.3M | $222.3M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,241.2 | +0.005% | — | $9.3M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,192 | −0.052% | $11.1M | $12.0M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,189.9 | −0.055% | $206K | $3.2M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,183.6 | −0.062% | $2.7M | $8.9M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 86,234.9 | −0.002% | $195K | $565K | 40x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,230 | −0.008% | $3.3M | $6.7M | 100x | as long as short |
| HTX BTC-USDTshort | +0.0100% | 8h | 86,177.4 | −0.069% | $2.28B | $806.4M | 200x | |
| Extended BTC-USD | +0.0104% | 1h | 86,149.9 | −0.101% | $47.0M | $204.2M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 86,196.3 | −0.047% | — | $81.6M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0120% | 1h | 86,226.9 | −0.012% | $112.4M | $4.99B | 50x | as long as short |
| Hyperliquid BTC | +0.0156% | 1h | 86,256 | +0.022% | $3.97B | $4.41B | 40x | as long as short |
| Kalshi KXBTCPERP | +0.0161% | 8h | 86,219 | −0.021% | $11.8M | $731.7M | 6.4x | as long as short |
| Reya BTCRUSDPERP | +0.0162% | 1h | 86,161.9 | −0.087% | $6.6M | $131.2M | 40x | as long as short |
| RISEx BTC/USDC | +0.0187% | 1h | 86,207.6 | −0.034% | $8.9M | $37.4M | 25x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0209% / S −0.0248% | 1h | 86,194.1 | −0.050% | $15.6M | — | 200x | as long as short |
| Deribit BTC-PERPETUAL | +0.0210% | 1h | 86,240.3 | +0.004% | $822.6M | $1.52B | 50x | as long as short |
| Hibachi BTC/USDT-P | +0.0344% | 1h | 86,243.5 | +0.008% | $718K | $7.0M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0437% | 1h | 86,197 | −0.046% | $82K | $244K | 20x | as long as short |
Kraken Futures PF_XBTUSD
Aster BTCUSDT
Bybit BTCUSDT
KuCoin XBTUSDTM
Phoenix BTC
Gate BTC_USDT
Phemex BTCUSDT
Popdex BTCUSDT
Lighter BTC
Lighter RH BTC
Bitget BTCUSDT
Aevo BTC-PERP
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Nado BTC-PERP
Binance BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
MEXC 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
SunX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Hyperliquid BTC
Kalshi KXBTCPERP
Reya BTCRUSDPERP
RISEx BTC/USDC
GMX BTC/USD [WBTC.b-USDC]
Deribit BTC-PERPETUAL
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD