Funding you earn now, next payment 03:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.04 per $10,000 · paid last 24h +0.026%
Price spread now: ApeX Omni against Reya−0.174%7-day average +0.045% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)0.000%$0 on $10k
+Price spread, last 7 days+0.182%+$18 · spread now −0.174%, 7d avg +0.045%
=Together, before fees+0.182%+ Points / potential airdropReya: Active · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.219% cheaper against Reya than usual: you would sell low and buy high (spread −0.174% now, against its 7-day average of +0.045%). If the spread goes back, that is −$22 on $10k: about 23 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (0.000% in total) that is about years.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya BTCRUSDPERP | 85,767.5 | 0.0069 | pay 0.0009% / 1h | 31m 17s | $6.7M | $146.4M | 40x |
| Short | ApeX Omni BTCUSDT | 85,618.1 | 0.0100 | get 0.0013% / 1h | 31m 17s | $140.2M | $316.2M | 100x |
Reya BTCRUSDPERP
ApeX Omni BTCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Reya. 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
- $6.61
- Price spread: −0.174% → +0.045%
- −$21.89
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$31.29
- Costs to cover
- 0.160%
- Break-even
- 40.1 days
Slippage unknown: Reya: no order-book sample; ApeX Omni: 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 Reya no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 3 min ago | 0.49 bp | 5.5 bp −$5 | 5.5 bp −$55 | 7.3 bp −$729 | 38.4 bp −$19.2K |
Reya: 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 | −0.0160% | 1h | 85,662 | −0.123% | $2.2M | $10.3M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,739 | −0.033% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0048% | 1h | 85,801.8 | +0.040% | $370K | $2.3M | 50x | as long as short |
| BloFin BTC-USDT | −0.0033% | 8h | 85,805.1 | +0.044% | $417.4M | $665.5M | 150x | as long as short |
| dYdX BTC-USD | 0.0000% | 1h | 85,731.5 | −0.042% | $16.8M | $21.0M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,792.3 | +0.029% | $36.7M | — | 200x | as long as short |
| Nado BTC-PERP | +0.0009% | 1h | 85,800.6 | +0.038% | $22.9M | $221.2M | 50x | as long as short |
| KuCoin XBTUSDTM | +0.0011% | 8h | 85,770.1 | +0.003% | $919.3M | $753.1M | 125x | as long as short |
| Aster BTCUSDT | +0.0020% | 8h | 85,795 | +0.032% | $517.0M | $1.11B | 200x | as long as short |
| BingX BTC-USDT | +0.0054% | 8h | 85,787.3 | +0.023% | — | $1.53B | — | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
BloFin BTC-USDT
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
Nado BTC-PERP
KuCoin XBTUSDTM
Aster BTCUSDT
BingX BTC-USDTShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BTCUSDT | +0.0068% | 8h | 85,806.5 | +0.045% | $2.96B | $5.03B | 150x | as long as short |
| Reya BTCRUSDPERPlong | +0.0069% | 1h | 85,767.5 | long leg | $6.7M | $146.4M | 40x | |
| Bluefin BTC-PERP | +0.0069% | 1h | 85,828.4 | +0.071% | $197K | $722K | 40x | as long as short |
| Phemex BTCUSDT | +0.0070% | 8h | 85,800.7 | +0.039% | $148.2M | $479.1M | 150x | as long as short |
| HTX BTC-USDT | +0.0076% | 8h | 85,807.2 | +0.046% | $2.27B | $936.6M | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0079% | 1h | 85,578 | −0.221% | $340K | $26.9M | 52x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 85,802 | +0.040% | $2.5M | $1.7M | 20x | as long as short |
| MEXC BTC_USDT | +0.0087% | 8h | 85,809.4 | +0.049% | $5.06B | $5.62B | 500x | as long as short |
| Binance BTCUSDT | +0.0087% | 8h | 85,824.3 | +0.066% | $9.36B | $23.93B | 150x | as long as short |
| SunX BTC-USDT | +0.0089% | 8h | 85,768.4 | +0.001% | $2.9M | $6.1M | 100x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,813.9 | +0.054% | $170.6M | $990.4M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,824.1 | +0.066% | $24.0M | $148.3M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,808 | +0.047% | $8.4M | $52.0M | 100x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,806.4 | +0.045% | $3.8M | $8.2M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,764 | −0.004% | $197K | $7.8M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,853 | +0.100% | $3.74B | $4.98B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,780.4 | +0.015% | $40.6M | $573.5M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,818.4 | +0.059% | $5.34B | $9.59B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,822.9 | +0.065% | $2.57B | $12.15B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,758 | −0.011% | $3.9M | $18.0M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,735.3 | −0.038% | $7.1M | $97.2M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,795.4 | +0.032% | $5.56B | $10.50B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,673 | −0.110% | $35.5M | $172.6M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,622.5 | −0.169% | $155.0M | $548.4M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,658.9 | −0.127% | $279.6M | $930.8M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,696.8 | −0.082% | $215.2M | $166.6M | 50x | as long as short |
| ApeX Omni BTCUSDTshort | +0.0100% | 1h | 85,618.1 | −0.174% | $140.2M | $316.2M | 100x | |
| StandX BTC-USD | +0.0100% | 1h | 85,683.1 | −0.098% | $30.3M | $210.4M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,816.8 | +0.057% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,782 | +0.017% | $11.0M | $14.1M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,774.1 | +0.008% | $189K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,787.3 | +0.023% | $2.3M | $8.8M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,780.7 | +0.015% | $30.0M | $50.9M | 15x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,808 | +0.047% | $60.1M | $336.2M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,614.4 | −0.179% | $621.3M | $398.6M | 40x | as long as short |
| Deribit BTC-PERPETUAL | +0.0100% | 1h | 85,846.1 | +0.092% | $892.4M | $1.53B | 50x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,774.7 | +0.008% | $44.1M | $227.7M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,712.4 | −0.064% | — | $105.9M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,852.4 | +0.099% | $130.7M | $5.12B | 50x | as long as short |
| RISEx BTC/USDC | +0.0120% | 1h | 85,802.6 | +0.041% | $8.4M | $42.3M | 25x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0138% | 1h | 85,836.3 | +0.080% | $189.4M | $952.0M | 100x | as long as short |
| Aftermath Perps BTCUSD | +0.0194% | 1h | 85,672.4 | −0.111% | $78K | $219K | 20x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0203% / S −0.0179% | 1h | 85,790 | +0.026% | $13.6M | — | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.0208% | 1h | 85,730.6 | −0.043% | $702K | $7.8M | 30x | as long as short |
| Kalshi KXBTCPERP | +0.0216% | 8h | 85,809 | +0.048% | $10.5M | $760.6M | 6.4x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,811.3 | +0.051% | $518K | $19.4M | 6.7x | as long as short |
Bitget BTCUSDT
Bluefin BTC-PERP
Phemex BTCUSDT
HTX BTC-USDT
Injective BTC/USDC PERP
Aevo BTC-PERP
MEXC BTC_USDT
Binance BTCUSDT
SunX BTC-USDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Paradex BTC-USD-PERP
Katana Perps BTC-USD
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Gate BTC_USDT
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
Derive BTC-PERP
SoDEX BTC-USD
Bulk BTC-USD
Deribit BTC-PERPETUAL
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
RISEx BTC/USDC
Kraken Futures PF_XBTUSD
Aftermath Perps BTCUSD
GMX BTC/USD [WBTC.b-USDC]
Hibachi BTC/USDT-P
Kalshi KXBTCPERP
Perpl BTC