Funding you earn now, next payment 08:07 UTC−0.0420%/8h= −45.9% APRpaid last 24h +0.023%
Price spread now: KuCoin against Perpl0.000%92s7-day average −0.013% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.364%−$36 on $10k
+Price spread, last 7 days−0.029%−$3 · spread now 0.000%, 7d avg −0.013%
=Together, before fees−0.393%+ Points / potential airdropPerpl: Active · farm board−$39 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl BTC | 86,032.4 | 0.0447 | pay 0.0040% / 43m | 28m 59s | $480K | $17.0M | 6.7x |
| Short | KuCoin XBTUSDTM | 86,032.7 | 0.0027 | get 0.0027% / 8h | 7h 13m | $944.7M | $674.8M | 125x |
Perpl BTC
KuCoin XBTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$88.1
- Price spread: 0.000% → −0.013%
- $1.36
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$112.53
- Costs to cover
- 0.258%
- Break-even
- never at this rate
Slippage unknown: Perpl: no order-book sample; KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago | 0.01 bp | 6.0 bp −$6 | 6.8 bp −$68 | 7.8 bp −$777 | 11.3 bp −$5,645 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin BTC-PERP | −0.0485% | 1h | 86,165.3 | +0.154% | $195K | $684K | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,031 | −0.002% | $8K | $2K | 50x | as long as short |
| BloFin BTC-USDT | −0.0020% | 8h | 86,061.3 | +0.034% | $424.5M | $626.5M | 150x | as long as short |
| 01 Exchange BTCUSD | −0.0008% | 1h | 86,112.7 | +0.093% | $355K | $2.1M | 50x | as long as short |
| Injective BTC/USDC PERP | −0.0006% | 1h | 86,071 | +0.045% | $308K | $27.2M | 52x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 86,099.1 | +0.078% | $36.8M | — | 200x | as long as short |
| KuCoin XBTUSDTMshort | +0.0027% | 8h | 86,032.7 | 0.000% | $944.7M | $674.8M | 125x | |
| dYdX BTC-USD | +0.0042% | 1h | 86,132.8 | +0.117% | $16.8M | $19.3M | 50x | as long as short |
| Aster BTCUSDT | +0.0044% | 8h | 86,058.4 | +0.030% | $503.1M | $993.1M | 200x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0068% | 1h | 86,128.1 | +0.111% | $188.6M | $871.1M | 100x | as long as short |
Bluefin BTC-PERP
Hotstuff BTC-PERP
BloFin BTC-USDT
01 Exchange BTCUSD
Injective BTC/USDC PERP
gTrade (Gains Network) BTC/USD
dYdX BTC-USD
Aster BTCUSDT
Kraken Futures PF_XBTUSDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | +0.0075% | 1h | 85,933 | −0.116% | $2.3M | $10.4M | 40x | as long as short |
| BingX BTC-USDT | +0.0080% | 8h | 86,081.9 | +0.058% | — | $1.50B | — | as long as short |
| Bybit BTCUSDT | +0.0082% | 8h | 86,042.5 | +0.012% | $5.09B | $9.21B | 150x | as long as short |
| Nado BTC-PERP | +0.0087% | 1h | 86,124.8 | +0.107% | $22.1M | $209.6M | 50x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,125 | +0.108% | $173.2M | $962.1M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,117.6 | +0.099% | $23.2M | $136.8M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,126 | +0.109% | $8.8M | $52.3M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 86,112.9 | +0.094% | $2.4M | $6.7M | 20x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,110 | +0.090% | $216K | $8.3M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,191.4 | +0.185% | $5.9M | $9.0M | 50x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,160.6 | +0.149% | $40.5M | $591.1M | 50x | as long as short |
| Binance BTCUSDT | +0.0100% | 8h | 86,056.9 | +0.029% | $9.43B | $23.17B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,029.4 | −0.003% | $2.61B | $10.84B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,134 | +0.118% | $3.9M | $16.4M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,148.8 | +0.135% | $4.7M | $95.2M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 86,094.4 | +0.072% | $5.50B | $10.14B | 200x | as long as short |
| MEXC BTC_USDT | +0.0100% | 8h | 86,039 | +0.008% | $5.10B | $5.85B | 500x | as long as short |
| Bitget BTCUSDT | +0.0100% | 8h | 86,032.7 | 0.000% | $2.98B | $4.60B | 150x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,080.6 | +0.056% | $37.8M | $187.2M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,046.3 | +0.016% | $156.9M | $515.9M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,898.8 | −0.155% | $287.3M | $974.3M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,846.1 | −0.217% | $215.6M | $155.7M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,913.6 | −0.138% | $137.1M | $302.5M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,997.1 | −0.041% | $30.3M | $214.0M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,183.5 | +0.176% | — | $9.9M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,125 | +0.108% | $11.0M | $13.6M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,116.9 | +0.098% | $212K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,112.3 | +0.093% | $2.6M | $9.4M | 100x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,120.9 | +0.103% | $3.1M | $7.0M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 86,108 | +0.088% | $60.3M | $257.9M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 86,050.2 | +0.021% | $2.28B | $912.8M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 86,061 | +0.033% | $167.5M | $500.1M | 150x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,869.6 | −0.189% | $707.4M | $169.5M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,008 | −0.028% | $46.3M | $223.5M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 86,132.1 | +0.116% | — | $94.5M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 86,150.3 | +0.137% | $112.7M | $5.32B | 50x | as long as short |
| Reya BTCRUSDPERP | +0.0152% | 1h | 85,986 | −0.054% | $6.7M | $134.3M | 40x | as long as short |
| Hyperliquid BTC | +0.0154% | 1h | 86,169.5 | +0.159% | $3.86B | $4.80B | 40x | as long as short |
| Deribit BTC-PERPETUAL | +0.0163% | 1h | 86,164.9 | +0.154% | $830.4M | $1.61B | 50x | as long as short |
| Kalshi KXBTCPERP | +0.0189% | 8h | 86,133 | +0.117% | $11.0M | $727.2M | 6.4x | as long as short |
| RISEx BTC/USDC | +0.0194% | 1h | 86,029.5 | −0.003% | $9.0M | $40.9M | 25x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0198% / S −0.0178% | 1h | 86,067.1 | +0.040% | $12.9M | — | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.0320% | 1h | 86,040.7 | +0.010% | $692K | $7.4M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0371% | 1h | 85,939.9 | −0.107% | $84K | $253K | 20x | as long as short |
| Perpl BTClong | +0.0447% | 43m | 86,032.4 | long leg | $480K | $17.0M | 6.7x |
Phoenix BTC
BingX BTC-USDT
Bybit BTCUSDT
Nado BTC-PERP
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Aevo BTC-PERP
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Pacifica BTC
Binance BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Gate BTC_USDT
MEXC BTC_USDT
Bitget BTCUSDT
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
SunX BTC-USDT
SoDEX BTC-USD
HTX BTC-USDT
Phemex BTCUSDT
Bulk BTC-USD
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Reya BTCRUSDPERP
Hyperliquid BTC
Deribit BTC-PERPETUAL
Kalshi KXBTCPERP
RISEx BTC/USDC
GMX BTC/USD [WBTC.b-USDC]
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD