Funding you earn now, next payment 02:00 UTC−0.0156%/8h= −17.1% APRnext payment −$0.20 per $10,000 · paid last 24h −0.044%
Price spread now: Jupiter Perps against Pacifica−0.041%7-day average −0.021% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.147%−$15 on $10k
+Price spread, last 3 days (all we have)+0.015%+$1 · spread now −0.041%, 7d avg −0.021%
=Together, before fees−0.132%+ Points / potential airdropPacifica: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: −$5 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 | 85,623 | 0.0100 | pay 0.0013% / 1h | 9m 44s | $40.7M | $571.9M | 50x |
| Short | Jupiter Perps WBTC-PERP | 85,587.7 | L +0.0104% / S +0.0056% | pay 0.0007% / 1h | 9m 44s | — | $102.2M | 500x |
Pacifica BTC
Jupiter Perps WBTC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Jupiter 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
- −$32.76
- Price spread: −0.041% → −0.021%
- −$1.99
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Jupiter Perps: 6 bp × 2 orders
- −$12
- Net
- −$54.75
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 4 min ago; Jupiter Perps: no order-book sample. 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 Pacifica live order book, 4 min ago | 0.06 bp | 4.2 bp −$4 | doesn't fit | doesn't fit | doesn't fit |
| Sell Jupiter Perps no order-book sample | — | — | — | — | — |
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 | 85,649 | +0.030% | $2.2M | $10.5M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,627 | +0.005% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0064% | 1h | 85,564.9 | −0.068% | $361K | $2.3M | 50x | as long as short |
| dYdX BTC-USD | +0.0002% | 1h | 85,602.9 | −0.023% | $16.7M | $21.0M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,586.4 | −0.043% | $36.6M | — | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0020% | 1h | 85,682 | +0.069% | $340K | $26.9M | 52x | as long as short |
| Aster BTCUSDT | +0.0026% | 8h | 85,544.9 | −0.091% | $515.5M | $1.13B | 200x | as long as short |
| KuCoin XBTUSDTM | +0.0027% | 8h | 85,548.5 | −0.087% | $900.3M | $753.5M | 125x | as long as short |
| Nado BTC-PERP | +0.0038% | 1h | 85,611.6 | −0.013% | $22.7M | $227.5M | 50x | as long as short |
| HTX BTC-USDT | +0.0043% | 8h | 85,563.1 | −0.070% | $2.27B | $946.3M | 200x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
Injective BTC/USDC PERP
Aster BTCUSDT
KuCoin XBTUSDTM
Nado BTC-PERP
HTX BTC-USDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx BTC/USDC | +0.0044% | 1h | 85,608.5 | −0.017% | $8.2M | $42.1M | 25x | as long as short |
| BingX BTC-USDC | +0.0056% | 8h | 85,547.4 | −0.088% | — | $17.1M | — | as long as short |
| Reya BTCRUSDPERP | +0.0060% | 1h | 85,562.6 | −0.071% | $6.7M | $146.3M | 40x | as long as short |
| SunX BTC-USDT | +0.0069% | 8h | 85,604 | −0.022% | $2.9M | $6.6M | 100x | as long as short |
| Bitget BTCUSDT | +0.0070% | 8h | 85,552.5 | −0.082% | $2.94B | $5.08B | 150x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 85,573.6 | −0.058% | $2.5M | $1.8M | 20x | as long as short |
| Binance BTCUSDT | +0.0086% | 8h | 85,560.1 | −0.073% | $9.32B | $24.27B | 150x | as long as short |
| MEXC BTC_USDT | +0.0086% | 8h | 85,550.9 | −0.084% | $5.07B | $5.75B | 500x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,557.2 | −0.077% | $170.3M | $994.9M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,583.1 | −0.047% | $23.5M | $147.9M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,582 | −0.048% | $8.4M | $51.9M | 100x | as long as short |
| Gate BTC_USDT | +0.0098% | 8h | 85,561.9 | −0.071% | $5.58B | $10.58B | 200x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,641 | +0.021% | $3.8M | $8.4M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,553 | −0.082% | $203K | $7.6M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,646.9 | +0.028% | $140.0M | $318.1M | 100x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,629 | +0.007% | $3.76B | $4.91B | 40x | as long as short |
| Pacifica BTClong | +0.0100% | 1h | 85,623 | long leg | $40.7M | $571.9M | 50x | |
| Bybit BTCUSDT | +0.0100% | 8h | 85,562.2 | −0.071% | $5.31B | $9.73B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,567.3 | −0.065% | $2.55B | $12.30B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,587 | −0.042% | $3.9M | $18.2M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,552.5 | −0.082% | $7.2M | $96.9M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,554.4 | −0.080% | $35.3M | $166.4M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,606.4 | −0.019% | $156.1M | $555.6M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,623.5 | +0.001% | $278.5M | $942.0M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,642.4 | +0.023% | $214.9M | $164.7M | 50x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,620 | −0.003% | $30.3M | $209.2M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,645.2 | +0.026% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,569 | −0.063% | $11.0M | $14.2M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,576 | −0.055% | $189K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,578.4 | −0.052% | $2.4M | $9.1M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,611.2 | −0.014% | $188K | $713K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,576.8 | −0.054% | $30.0M | $55.9M | 15x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,576 | −0.055% | $59.9M | $336.7M | 40x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,573.8 | −0.057% | $152.0M | $481.1M | 150x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,673.6 | +0.059% | $597.8M | $234.3M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,528.7 | −0.110% | $44.0M | $227.5M | 50x | as long as short |
| Jupiter Perps WBTC-PERPshort | L +0.0104% / S +0.0056% | 1h | 85,587.7 | −0.041% | — | $102.2M | 500x | |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,603.9 | −0.022% | $131.4M | $5.13B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0146% | 1h | 85,595.3 | −0.032% | $187.6M | $963.0M | 100x | as long as short |
| Deribit BTC-PERPETUAL | +0.0151% | 1h | 85,619.6 | −0.004% | $894.8M | $1.54B | 50x | as long as short |
| Hibachi BTC/USDT-P | +0.0160% | 1h | 85,699.3 | +0.089% | $679K | $7.8M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0174% | 1h | 85,665.5 | +0.050% | $78K | $219K | 20x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0203% / S −0.0187% | 1h | 85,582.6 | −0.047% | $13.6M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0212% | 8h | 85,637 | +0.016% | $10.2M | $770.3M | 6.4x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,601.1 | −0.026% | $512K | $20.4M | 6.7x | as long as short |
RISEx BTC/USDC
BingX BTC-USDC
Reya BTCRUSDPERP
SunX BTC-USDT
Bitget BTCUSDT
Aevo BTC-PERP
Binance BTCUSDT
MEXC BTC_USDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Gate BTC_USDT
Paradex BTC-USD-PERP
Katana Perps BTC-USD
ApeX Omni BTCUSDT
Hyperliquid BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
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
SoDEX BTC-USD
Phemex BTCUSDT
Bulk BTC-USD
Extended BTC-USD
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
Deribit BTC-PERPETUAL
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
Perpl BTC