Funding you earn now, next payment 23:29 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.043%
Price spread now: SunX against Perpl−0.016%7-day average −0.022% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.315%−$31 on $10k
+Price spread, last 3 days (all we have)−0.047%−$5 · spread now −0.016%, 7d avg −0.022%
=Together, before fees−0.361%+ Points / potential airdropPerpl: Active · farm board−$36 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.022%, 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 −0.315%, 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 | 86,504.2 | 0 | get 0.0000% / 43m | 0m 37s | $412K | $22.5M | 6.7x |
| Short | SunX BTC-USDT | 86,490 | 0.0100 | get 0.0100% / 8h | 4m 37s | $3.4M | $5.3M | 100x |
Perpl BTC
SunX BTC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $21
- Price spread: −0.016% → −0.022%
- $0.58
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$0.22
- Costs to cover
- 0.218%
- Break-even
- 7.1 days
Slippage unknown: Perpl: no order-book sample; SunX: 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 SunX live order book, 4 min ago | 0.76 bp | 5.2 bp −$5 | 6.9 bp −$69 | 8.9 bp −$894 | 11.8 bp −$5,885 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0118% | 1h | 86,444 | −0.070% | $2.2M | $11.8M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,513 | +0.010% | $9K | $3K | 50x | as long as short |
| Injective BTC/USDC PERP | −0.0035% | 1h | 86,345 | −0.184% | $332K | $26.9M | 52x | as long as short |
| RISEx BTC/USDC | −0.0024% | 1h | 86,571.7 | +0.078% | $8.3M | $42.7M | 25x | as long as short |
| 01 Exchange BTCUSD | −0.0016% | 1h | 86,581.3 | +0.089% | $360K | $2.4M | 50x | as long as short |
| Perpl BTClong | 0.0000% | 43m | 86,504.2 | long leg | $412K | $22.5M | 6.7x | |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0005% | 1h | 86,510.6 | +0.007% | $36.8M | — | 200x | as long as short |
| Aster BTCUSDT | +0.0012% | 8h | 86,570 | +0.076% | $502.1M | $1.15B | 200x | as long as short |
| KuCoin XBTUSDTM | +0.0024% | 8h | 86,550.7 | +0.054% | $834.8M | $728.4M | 125x | as long as short |
| Reya BTCRUSDPERP | +0.0037% | 1h | 86,496.4 | −0.009% | $6.7M | $145.5M | 40x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
Injective BTC/USDC PERP
RISEx BTC/USDC
01 Exchange BTCUSD
gTrade (Gains Network) BTC/USD
Aster BTCUSDT
KuCoin XBTUSDTM
Reya BTCRUSDPERPShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BTC-USDT | +0.0044% | 8h | 86,564.6 | +0.070% | — | $1.59B | — | as long as short |
| Phemex BTCUSDT | +0.0056% | 8h | 86,489.6 | −0.017% | $151.6M | $478.9M | 150x | as long as short |
| Bitget BTCUSDT | +0.0056% | 8h | 86,565.4 | +0.071% | $2.97B | $5.12B | 150x | as long as short |
| dYdX BTC-USD | +0.0064% | 1h | 86,559.6 | +0.064% | $17.0M | $21.2M | 50x | as long as short |
| Aevo BTC-PERP | +0.0072% | 1h | 86,488 | −0.019% | $2.5M | $1.4M | 20x | as long as short |
| MEXC BTC_USDT | +0.0075% | 8h | 86,547.9 | +0.051% | $5.16B | $5.69B | 500x | as long as short |
| Binance BTCUSDT | +0.0075% | 8h | 86,585.9 | +0.094% | $9.45B | $24.54B | 150x | as long as short |
| Gate BTC_USDT | +0.0081% | 8h | 86,554.5 | +0.058% | $5.85B | $10.82B | 200x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,564.2 | +0.069% | $169.9M | $1.02B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,565 | +0.070% | $23.8M | $153.2M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,578 | +0.085% | $8.5M | $52.3M | 100x | as long as short |
| Bybit BTCUSDT | +0.0099% | 8h | 86,578.9 | +0.086% | $5.27B | $9.79B | 150x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,540 | +0.041% | $195K | $7.1M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,592.1 | +0.102% | $4.8M | $8.5M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,531.5 | +0.032% | $21.7M | $233.9M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,622 | +0.136% | $3.80B | $5.10B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,580.7 | +0.088% | $41.1M | $538.1M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,588 | +0.097% | $2.55B | $12.75B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,568 | +0.074% | $3.9M | $18.4M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,588.6 | +0.098% | $7.3M | $96.2M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,483.4 | −0.024% | $38.0M | $155.9M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,474 | −0.035% | $157.6M | $567.5M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,494.6 | −0.011% | $279.4M | $947.7M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,461.1 | −0.050% | $217.1M | $172.4M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,505.5 | +0.002% | $141.8M | $323.3M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,504 | 0.000% | $30.7M | $207.1M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,604.7 | +0.116% | — | $11.9M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,493 | −0.013% | $11.1M | $13.9M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,495.3 | −0.010% | $192K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,490.1 | −0.016% | $2.5M | $9.3M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 86,530.9 | +0.031% | $141K | $663K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,525.8 | +0.025% | $30.5M | $62.6M | 15x | as long as short |
| SunX BTC-USDTshort | +0.0100% | 8h | 86,490 | −0.016% | $3.4M | $5.3M | 100x | |
| SoDEX BTC-USD | +0.0100% | 1h | 86,491 | −0.015% | $60.5M | $338.1M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 86,485 | −0.022% | $2.30B | $968.1M | 200x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,452.9 | −0.059% | $572.2M | $12.3M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,547.3 | +0.050% | $45.8M | $225.1M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,525.5 | +0.025% | — | $100.0M | 500x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0110% | 1h | 86,516.9 | +0.015% | $193.0M | $952.9M | 100x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 86,528.9 | +0.029% | $132.1M | $5.63B | 50x | as long as short |
| Aftermath Perps BTCUSD | +0.0160% | 1h | 86,510.1 | +0.007% | $78K | $219K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0184% | 1h | 86,528.1 | +0.028% | $717K | $8.1M | 30x | as long as short |
| BloFin BTC-USDT | +0.0195% | 8h | 86,487.6 | −0.019% | $415.0M | $659.1M | 150x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0200% / S −0.0224% | 1h | 86,505.9 | +0.002% | $15.0M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0208% | 8h | 86,532 | +0.032% | $10.2M | $754.0M | 6.4x | as long as short |
| Deribit BTC-PERPETUAL | +0.0247% | 1h | 86,541 | +0.043% | $912.9M | $1.49B | 50x | as long as short |
BingX BTC-USDT
Phemex BTCUSDT
Bitget BTCUSDT
dYdX BTC-USD
Aevo BTC-PERP
MEXC BTC_USDT
Binance BTCUSDT
Gate BTC_USDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Bybit BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Nado BTC-PERP
Hyperliquid BTC
Pacifica BTC
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
ApeX Omni BTCUSDT
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
HTX BTC-USDT
Bulk BTC-USD
Extended BTC-USD
Jupiter Perps WBTC-PERP
Kraken Futures PF_XBTUSD
Coinbase International BTC-PERP-INTX
Aftermath Perps BTCUSD
Hibachi BTC/USDT-P
BloFin BTC-USDT
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
Deribit BTC-PERPETUAL