Funding you earn now, next payment 04:00 UTC+0.0112%/8h= +12.3% APRpaid last 24h +0.008%
Price spread now: Aftermath Perps against Paradex−0.106%7-day average 0.000% · 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−$37as in the Price arb table
costs, in and out, $10k−$260.263% of the position
Funding, last 3 days (all we have)+0.034%+$3 on $10k
+Price spread, last 4 days (all we have)+0.201%+$20 · spread now −0.106%, 7d avg 0.000%
=Together, before fees+0.235%+ Points / potential airdropParadex: Active · farm board+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aftermath Perps is 0.105% cheaper against Paradex than usual: you would sell low and buy high (spread −0.106% now, against its 7-day average of 0.000%). If the spread goes back, that is −$11 on $10k: about 3.1 days of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.034% in total) that is about 10 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex BTC-USD-PERP | 85,631.5 | 0.0100 | pay 0.0100% / 8h | 4h 01m | $5.2M | $9.1M | 50x |
| Short | Aftermath Perps BTCUSD | 85,541.1 | 0.0212 | get 0.0026% / 1h | 1m 27s | $78K | $220K | 20x |
Paradex BTC-USD-PERP
Aftermath Perps BTCUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against Paradex. 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
- $23.52
- Price spread: −0.106% → 0.000%
- −$10.52
- Slippage, 4 orders
- −$13.29
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$13.29
- Costs to cover
- 0.263%
- Break-even
- 11.0 days
Slippage from Paradex: live order book, 3 min ago; Aftermath Perps: live order book, 58 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 Paradex live order book, 3 min ago | 0.01 bp | 2.0 bp −$2 | 2.0 bp −$20 | doesn't fit | doesn't fit |
| Sell Aftermath Perps live order book, 58 min ago | 1.00 bp | 9.8 bp −$10 | 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 | −0.0179% | 1h | 85,565 | −0.078% | $2.1M | $10.3M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,581 | −0.059% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0048% | 1h | 85,591.7 | −0.046% | $367K | $2.3M | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0035% | 8h | 85,563.7 | −0.079% | $921.3M | $752.1M | 125x | as long as short |
| BloFin BTC-USDT | −0.0020% | 8h | 85,554.8 | −0.090% | $417.5M | $669.6M | 150x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 85,592.1 | −0.046% | $36.6M | — | 200x | as long as short |
| dYdX BTC-USD | +0.0010% | 1h | 85,564.7 | −0.078% | $16.8M | $21.3M | 50x | as long as short |
| Nado BTC-PERP | +0.0011% | 1h | 85,579.7 | −0.061% | $25.1M | $221.9M | 50x | as long as short |
| Aster BTCUSDT | +0.0014% | 8h | 85,580.6 | −0.059% | $515.9M | $1.10B | 200x | as long as short |
| Arcus BTC-USD | +0.0021% | 1h | 85,574.4 | −0.067% | $4.2M | $98.2M | 40x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
KuCoin XBTUSDTM
BloFin BTC-USDT
gTrade (Gains Network) BTC/USD
dYdX BTC-USD
Nado BTC-PERP
Aster BTCUSDT
Arcus BTC-USDShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bluefin BTC-PERP | +0.0052% | 1h | 85,605.7 | −0.030% | $207K | $739K | 40x | as long as short |
| BingX BTC-USDC | +0.0063% | 8h | 85,573.3 | −0.068% | — | $17.1M | — | as long as short |
| Phemex BTCUSDT | +0.0071% | 8h | 85,553.9 | −0.091% | $148.4M | $489.1M | 150x | as long as short |
| Bitget BTCUSDT | +0.0079% | 8h | 85,582.2 | −0.058% | $2.95B | $5.08B | 150x | as long as short |
| Reya BTCRUSDPERP | +0.0088% | 1h | 85,577.2 | −0.063% | $6.6M | $146.9M | 40x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,596 | −0.041% | $172.3M | $1.02B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,591.9 | −0.046% | $23.9M | $149.5M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,587 | −0.052% | $8.4M | $53.6M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,556 | −0.088% | $2.5M | $1.7M | 20x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,552 | −0.093% | $204K | $8.1M | 50x | as long as short |
| Paradex BTC-USD-PERPlong | +0.0100% | 8h | 85,631.5 | long leg | $5.2M | $9.1M | 50x | |
| Hyperliquid BTC | +0.0100% | 1h | 85,671 | +0.046% | $3.76B | $4.99B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,614.8 | −0.019% | $40.2M | $581.6M | 50x | as long as short |
| Binance BTCUSDT | +0.0100% | 8h | 85,594.3 | −0.043% | $9.37B | $24.17B | 150x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,584.8 | −0.055% | $5.20B | $9.80B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,590 | −0.048% | $2.58B | $12.15B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,502 | −0.151% | $3.8M | $17.8M | 25x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,487.5 | −0.168% | $672.1M | $698.9M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,591.6 | −0.047% | $5.52B | $10.77B | 200x | as long as short |
| MEXC BTC_USDT | +0.0100% | 8h | 85,584.5 | −0.055% | $5.08B | $5.66B | 500x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,549.8 | −0.095% | $35.1M | $177.1M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,444.6 | −0.218% | $153.4M | $564.2M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,523.8 | −0.126% | $279.4M | $922.5M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,554.3 | −0.090% | $214.7M | $167.9M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,562.4 | −0.081% | $139.9M | $314.9M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,544.2 | −0.102% | $30.2M | $208.8M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,632.2 | +0.001% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,578 | −0.062% | $11.1M | $14.2M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,585.7 | −0.054% | $193K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,560.3 | −0.083% | $2.4M | $8.8M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,553.7 | −0.091% | $30.0M | $50.0M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,533.1 | −0.115% | $2.9M | $6.1M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,566 | −0.076% | $60.0M | $336.1M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,548.1 | −0.097% | $2.26B | $942.8M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,563 | −0.080% | $44.6M | $230.9M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 85,565.1 | −0.078% | — | $107.5M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,601 | −0.036% | $117.6M | $5.20B | 50x | as long as short |
| Deribit BTC-PERPETUAL | +0.0105% | 1h | 85,604 | −0.032% | $886.9M | $1.58B | 50x | as long as short |
| Injective BTC/USDC PERP | +0.0150% | 1h | 85,565 | −0.078% | $340K | $26.9M | 52x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0170% | 1h | 85,584.1 | −0.055% | $187.6M | $953.6M | 100x | as long as short |
| RISEx BTC/USDC | +0.0194% | 1h | 85,610.2 | −0.025% | $8.4M | $42.7M | 25x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0202% / S −0.0178% | 1h | 85,590.2 | −0.048% | $13.1M | — | 200x | as long as short |
| Aftermath Perps BTCUSDshort | +0.0212% | 1h | 85,541.1 | −0.106% | $78K | $220K | 20x | |
| Kalshi KXBTCPERP | +0.0220% | 8h | 85,581 | −0.059% | $10.3M | $754.9M | 6.4x | as long as short |
| Hibachi BTC/USDT-P | +0.0256% | 1h | 85,597.9 | −0.039% | $702K | $7.8M | 30x | as long as short |
| Perpl BTC | +0.0335% | 43m | 85,574.1 | −0.067% | $496K | $18.7M | 6.7x | as long as short |
Bluefin BTC-PERP
BingX BTC-USDC
Phemex BTCUSDT
Bitget BTCUSDT
Reya BTCRUSDPERP
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Aevo BTC-PERP
Katana Perps BTC-USD
Hyperliquid BTC
Pacifica BTC
Binance BTCUSDT
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Bulk BTC-USD
Gate BTC_USDT
MEXC 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
SunX BTC-USDT
SoDEX BTC-USD
HTX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Deribit BTC-PERPETUAL
Injective BTC/USDC PERP
Kraken Futures PF_XBTUSD
RISEx BTC/USDC
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
Hibachi BTC/USDT-P
Perpl BTC