Funding you earn now, next payment 00:55 UTC+0.0088%/8h= +9.6% APRpaid last 24h +0.043%
Price spread now: Aevo against Perpl−0.028%7-day average −0.029% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.325%−$32 on $10k
+Price spread, last 3 days (all we have)−0.006%−$1 · spread now −0.028%, 7d avg −0.029%
=Together, before fees−0.331%+ Points / potential airdropPerpl: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.325%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl BTC | 85,661.8 | 0 | get 0.0000% / 43m | 35m 50s | $515K | $20.9M | 6.7x |
| Short | Aevo BTC-PERP | 85,637.5 | 0.0088 | get 0.0011% / 1h | 30m 50s | $2.5M | $1.8M | 20x |
Perpl BTC
Aevo BTC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Perpl. 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
- $18.48
- Price spread: −0.028% → −0.029%
- $0.03
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$11.29
- Costs to cover
- 0.298%
- Break-even
- 11.3 days
Slippage unknown: Perpl: no order-book sample; Aevo: live order book, 3 min ago. 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 Perpl no order-book sample | — | — | — | — | — |
| Sell Aevo live order book, 3 min ago | 1.11 bp | 9.3 bp −$9 | 10.6 bp −$106 | 17.3 bp −$1,728 | doesn't fit |
Perpl: 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 | 85,641 | −0.024% | $2.2M | $10.5M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,657 | −0.006% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0064% | 1h | 85,634.3 | −0.032% | $364K | $2.4M | 50x | as long as short |
| Perpl BTClong | 0.0000% | 43m | 85,661.8 | long leg | $515K | $20.9M | 6.7x | |
| dYdX BTC-USD | +0.0001% | 1h | 85,662 | 0.000% | $16.8M | $20.9M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,652.2 | −0.011% | $36.7M | — | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0020% | 1h | 85,691 | +0.034% | $340K | $26.9M | 52x | as long as short |
| Aster BTCUSDT | +0.0034% | 8h | 85,644.4 | −0.020% | $509.0M | $1.14B | 200x | as long as short |
| KuCoin XBTUSDTM | +0.0035% | 8h | 85,639.3 | −0.026% | $902.6M | $755.3M | 125x | as long as short |
| ApeX Omni BTCUSDT | +0.0037% | 1h | 85,595.3 | −0.078% | $140.0M | $320.4M | 100x | 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
ApeX Omni BTCUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx BTC/USDC | +0.0044% | 1h | 85,663.5 | +0.002% | $7.8M | $42.4M | 25x | as long as short |
| BingX BTC-USDC | +0.0054% | 8h | 85,647.5 | −0.017% | — | $15.4M | — | as long as short |
| HTX BTC-USDT | +0.0056% | 8h | 85,633.7 | −0.033% | $2.27B | $952.7M | 200x | as long as short |
| Reya BTCRUSDPERP | +0.0056% | 1h | 85,648.1 | −0.016% | $6.7M | $146.2M | 40x | as long as short |
| Nado BTC-PERP | +0.0065% | 1h | 85,645.2 | −0.019% | $22.6M | $228.3M | 50x | as long as short |
| Bitget BTCUSDT | +0.0069% | 8h | 85,651.4 | −0.012% | $2.94B | $5.11B | 150x | as long as short |
| MEXC BTC_USDT | +0.0088% | 8h | 85,660.7 | −0.001% | $5.06B | $5.71B | 500x | as long as short |
| Aevo BTC-PERPshort | +0.0088% | 1h | 85,637.5 | −0.028% | $2.5M | $1.8M | 20x | |
| Binance BTCUSDT | +0.0088% | 8h | 85,656.6 | −0.006% | $9.32B | $24.43B | 150x | as long as short |
| Gate BTC_USDT | +0.0095% | 8h | 85,662.6 | +0.001% | $5.61B | $10.51B | 200x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,640.8 | −0.025% | $169.6M | $986.6M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,651.1 | −0.012% | $23.2M | $146.2M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,652 | −0.011% | $8.4M | $52.0M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,616 | −0.053% | $206K | $7.5M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,634.9 | −0.031% | $3.8M | $8.5M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,702 | +0.047% | $3.76B | $5.00B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,680.7 | +0.022% | $40.7M | $569.7M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,673 | +0.013% | $5.29B | $9.78B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,668.7 | +0.008% | $2.54B | $12.41B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,632 | −0.035% | $3.9M | $18.0M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,627.3 | −0.040% | $7.3M | $98.3M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,635.3 | −0.031% | $35.2M | $163.0M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,640.3 | −0.025% | $156.2M | $559.1M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,580.7 | −0.095% | $278.2M | $944.9M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,580.1 | −0.095% | $214.9M | $167.6M | 50x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,647.7 | −0.016% | $30.3M | $208.3M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,697.7 | +0.042% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,644 | −0.021% | $11.0M | $14.2M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,651.2 | −0.012% | $188K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,646.5 | −0.018% | $2.4M | $9.0M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,685.6 | +0.028% | $186K | $708K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,644.8 | −0.020% | $30.0M | $56.7M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,611.5 | −0.059% | $2.9M | $6.6M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,636 | −0.030% | $59.9M | $337.5M | 40x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,638.4 | −0.027% | $153.0M | $480.0M | 150x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,587.5 | −0.087% | $583.6M | $150.2M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,632.7 | −0.034% | $43.9M | $228.4M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,654.3 | −0.009% | — | $101.3M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,668.9 | +0.008% | $131.0M | $5.18B | 50x | as long as short |
| Hibachi BTC/USDT-P | +0.0136% | 1h | 85,697.9 | +0.042% | $698K | $7.9M | 30x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0146% | 1h | 85,652.1 | −0.011% | $188.7M | $965.3M | 100x | as long as short |
| Aftermath Perps BTCUSD | +0.0162% | 1h | 85,654.5 | −0.008% | $78K | $219K | 20x | as long as short |
| Deribit BTC-PERPETUAL | +0.0180% | 1h | 85,680 | +0.021% | $894.3M | $1.53B | 50x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0203% / S −0.0190% | 1h | 85,654.1 | −0.009% | $13.6M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0208% | 8h | 85,667 | +0.006% | $10.0M | $770.7M | 6.4x | as long as short |
RISEx BTC/USDC
BingX BTC-USDC
HTX BTC-USDT
Reya BTCRUSDPERP
Nado BTC-PERP
Bitget BTCUSDT
MEXC BTC_USDT
Binance BTCUSDT
Gate BTC_USDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica 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
SunX BTC-USDT
SoDEX BTC-USD
Phemex BTCUSDT
Bulk BTC-USD
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Hibachi BTC/USDT-P
Kraken Futures PF_XBTUSD
Aftermath Perps BTCUSD
Deribit BTC-PERPETUAL
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP