Funding you earn now, next payment 03:05 UTC−0.0431%/8h= −47.2% APRpaid last 24h +0.035%
Price spread now: Aster against Perpl0.000%7-day average −0.015% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.340%−$34 on $10k
+Price spread, last 7 days−0.126%−$13 · spread now 0.000%, 7d avg −0.015%
=Together, before fees−0.466%+ Points / potential airdropPerpl: Active · Aster: Stage 5 · farm board−$47 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl BTC | 85,680.2 | 0.0447 | pay 0.0040% / 43m | 25m 42s | $493K | $19.0M | 6.7x |
| Short | Aster BTCUSDT | 85,680.3 | 0.0016 | get 0.0016% / 8h | 4h 54m | $516.3M | $1.10B | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$90.51
- Price spread: 0.000% → −0.015%
- $1.49
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$110.82
- Costs to cover
- 0.218%
- Break-even
- never at this rate
Slippage unknown: Perpl: no order-book sample; Aster: live order book, 4 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 Aster live order book, 4 min ago | 0.01 bp | 4.0 bp −$4 | 4.4 bp −$44 | 6.6 bp −$657 | 12.5 bp −$6,261 |
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 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 | −0.4407% | 1h | 85,725.1 | +0.052% | $194K | $725K | 40x | as long as short |
| Phoenix BTC | −0.0160% | 1h | 85,659 | −0.025% | $2.2M | $10.3M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,722 | +0.049% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0048% | 1h | 85,680.9 | +0.001% | $370K | $2.3M | 50x | as long as short |
| BloFin BTC-USDT | −0.0032% | 8h | 85,685.9 | +0.007% | $417.6M | $666.0M | 150x | as long as short |
| dYdX BTC-USD | 0.0000% | 1h | 85,713.4 | +0.039% | $16.7M | $21.2M | 50x | as long as short |
| KuCoin XBTUSDTM | 0.0000% | 8h | 85,689.3 | +0.011% | $920.5M | $750.0M | 125x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,696.3 | +0.019% | $36.6M | — | 200x | as long as short |
| Aster BTCUSDTshort | +0.0016% | 8h | 85,680.3 | 0.000% | $516.3M | $1.10B | 200x | |
| Arcus BTC-USD | +0.0021% | 1h | 85,666.6 | −0.016% | $6.9M | $97.7M | 40x | as long as short |
Show all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado BTC-PERP | +0.0041% | 1h | 85,687.9 | +0.009% | $22.6M | $218.8M | 50x | as long as short |
| BingX BTC-USDC | +0.0058% | 8h | 85,685 | +0.006% | — | $17.1M | — | as long as short |
| ApeX Omni BTCUSDT | +0.0059% | 1h | 85,584.6 | −0.112% | $139.9M | $315.1M | 100x | as long as short |
| Bitget BTCUSDT | +0.0073% | 8h | 85,700.9 | +0.024% | $2.96B | $5.01B | 150x | as long as short |
| Reya BTCRUSDPERP | +0.0076% | 1h | 85,675.3 | −0.006% | $6.7M | $146.6M | 40x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 85,692.2 | +0.014% | $2.5M | $1.7M | 20x | as long as short |
| MEXC BTC_USDT | +0.0087% | 8h | 85,678.7 | −0.002% | $5.05B | $5.57B | 500x | as long as short |
| Binance BTCUSDT | +0.0089% | 8h | 85,693.5 | +0.016% | $9.35B | $23.95B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,706.8 | +0.031% | $174.4M | $999.5M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,712.8 | +0.038% | $23.9M | $147.9M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,676 | −0.005% | $8.4M | $52.5M | 100x | as long as short |
| HTX BTC-USDT | +0.0098% | 8h | 85,677.1 | −0.004% | $2.27B | $938.2M | 200x | as long as short |
| SoDEX BTC-USD | +0.0099% | 1h | 85,687 | +0.008% | $60.0M | $336.1M | 40x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,726.2 | +0.054% | $3.8M | $8.3M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,655 | −0.029% | $198K | $7.8M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,777 | +0.113% | $3.75B | $4.96B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,722.3 | +0.049% | $40.1M | $576.9M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,683 | +0.003% | $5.33B | $9.57B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,681.6 | +0.002% | $2.58B | $12.10B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,668 | −0.014% | $3.9M | $18.0M | 25x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,702.8 | +0.026% | $5.55B | $10.53B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,687 | +0.008% | $36.0M | $175.5M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,690.1 | +0.012% | $156.8M | $560.5M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,589.3 | −0.106% | $279.5M | $917.0M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,627.1 | −0.062% | $215.0M | $164.8M | 50x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,694 | +0.016% | $30.3M | $207.8M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,722.4 | +0.049% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,674 | −0.007% | $11.0M | $14.1M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,681.1 | +0.001% | $195K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,688.5 | +0.010% | $2.4M | $8.7M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,690.2 | +0.012% | $30.0M | $51.1M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,687.4 | +0.008% | $2.9M | $6.1M | 100x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,699.1 | +0.022% | $150.6M | $482.8M | 150x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,642.1 | −0.044% | $641.7M | $524.8M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,682.5 | +0.003% | $44.5M | $226.3M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,691.5 | +0.013% | — | $106.5M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,730 | +0.058% | $118.0M | $5.14B | 50x | as long as short |
| Injective BTC/USDC PERP | +0.0150% | 1h | 85,742 | +0.072% | $340K | $26.9M | 52x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0170% | 1h | 85,706.9 | +0.031% | $189.2M | $952.1M | 100x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0177% / S −0.0151% | 1h | 85,691.2 | +0.013% | $13.4M | — | 200x | as long as short |
| Deribit BTC-PERPETUAL | +0.0177% | 1h | 85,734.2 | +0.063% | $892.0M | $1.53B | 50x | as long as short |
| Hibachi BTC/USDT-P | +0.0184% | 1h | 85,741.7 | +0.072% | $703K | $7.8M | 30x | as long as short |
| RISEx BTC/USDC | +0.0194% | 1h | 85,713.3 | +0.039% | $8.4M | $42.4M | 25x | as long as short |
| Aftermath Perps BTCUSD | +0.0201% | 1h | 85,709.9 | +0.035% | $78K | $219K | 20x | as long as short |
| Kalshi KXBTCPERP | +0.0219% | 8h | 85,719 | +0.045% | $10.6M | $759.1M | 6.4x | as long as short |
| Perpl BTClong | +0.0447% | 43m | 85,680.2 | long leg | $493K | $19.0M | 6.7x |
Aster BTCUSDT
Bluefin BTC-PERP
Phoenix BTC
01 Exchange BTCUSD
BloFin BTC-USDT
KuCoin XBTUSDTM
gTrade (Gains Network) BTC/USD
BingX BTC-USDC
ApeX Omni BTCUSDT
Bitget BTCUSDT
MEXC BTC_USDT
Binance BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
HTX BTC-USDT
SoDEX BTC-USD
Paradex BTC-USD-PERP
Katana Perps BTC-USD
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Gate BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
StandX BTC-USD
Polymarket Perps BTC-USD
Bullet BTC-USD
Derive BTC-PERP
SunX BTC-USDT
Phemex BTCUSDT
Bulk BTC-USD
Extended BTC-USD
Coinbase International BTC-PERP-INTX
Injective BTC/USDC PERP
Kraken Futures PF_XBTUSD
GMX BTC/USD [WBTC.b-USDC]
Deribit BTC-PERPETUAL
RISEx BTC/USDC
Aftermath Perps BTCUSD
Kalshi KXBTCPERP