Funding you earn now, next payment 09:00 UTC−0.0147%/8h= −16.1% APRnext payment −$0.18 per $10,000 · paid last 24h −0.013%
Price spread now: 01 Exchange against Reya+0.038%7-day average +0.033% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.086%−$9 on $10k
+Price spread, last 7 days−0.002%$0 · spread now +0.038%, 7d avg +0.033%
=Together, before fees−0.088%+ Points / potential airdropReya: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya BTCRUSDPERP | 85,435.4 | 0.0147 | pay 0.0018% / 1h | 49m 55s | $6.6M | $139.9M | 40x |
| Short | 01 Exchange BTCUSD | 85,468 | 0 | get 0.0000% / 1h | 49m 55s | $344K | $2.3M | 50x |
Reya BTCRUSDPERP
01 Exchange BTCUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$30.79
- Price spread: +0.038% → +0.033%
- $0.53
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$43.26
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; 01 Exchange: 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 Reya no order-book sample | — | — | — | — | — |
| Sell 01 Exchange live order book, 4 min ago | 0.01 bp | 4.6 bp −$5 | 9.4 bp −$94 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,451 | +0.018% | $8K | $2K | 50x | as long as short |
| BloFin BTC-USDT | −0.0020% | 8h | 85,469.9 | +0.040% | $423.6M | $682.3M | 150x | as long as short |
| Injective BTC/USDC PERP | −0.0006% | 1h | 85,448 | +0.015% | $307K | $23.2M | 52x | as long as short |
| 01 Exchange BTCUSDshort | 0.0000% | 1h | 85,468 | +0.038% | $344K | $2.3M | 50x | |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,493.9 | +0.068% | $36.6M | — | 200x | as long as short |
| KuCoin XBTUSDTM | +0.0006% | 8h | 85,457.1 | +0.025% | $932.6M | $776.4M | 125x | as long as short |
| Aster BTCUSDT | +0.0028% | 8h | 85,470.5 | +0.041% | $502.4M | $1.08B | 200x | as long as short |
| dYdX BTC-USD | +0.0031% | 1h | 85,475.8 | +0.047% | $16.7M | $21.0M | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0068% | 1h | 85,453.5 | +0.021% | $186.2M | $949.5M | 100x | as long as short |
| Deribit BTC-PERPETUAL | +0.0074% | 1h | 85,478.8 | +0.051% | $830.9M | $1.66B | 50x | as long as short |
Hotstuff BTC-PERP
BloFin BTC-USDT
Injective BTC/USDC PERP
gTrade (Gains Network) BTC/USD
KuCoin XBTUSDTM
Aster BTCUSDT
dYdX BTC-USD
Kraken Futures PF_XBTUSD
Deribit BTC-PERPETUALShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | +0.0075% | 1h | 85,461 | +0.030% | $2.3M | $10.4M | 40x | as long as short |
| BingX BTC-USDC | +0.0080% | 8h | 85,460.7 | +0.030% | — | $17.4M | — | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,462.3 | +0.031% | $170.3M | $940.9M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,457.3 | +0.026% | $23.6M | $133.6M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,458 | +0.026% | $8.7M | $58.4M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,436.7 | +0.001% | $2.4M | $6.7M | 20x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,434 | −0.002% | $265K | $8.7M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,505.8 | +0.082% | $5.7M | $9.6M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 85,452.1 | +0.019% | $24.1M | $220.3M | 50x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,497.1 | +0.072% | $40.2M | $604.6M | 50x | as long as short |
| Binance BTCUSDT | +0.0100% | 8h | 85,470.5 | +0.041% | $9.41B | $25.14B | 150x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,470 | +0.041% | $5.09B | $10.01B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,474.6 | +0.046% | $2.61B | $12.23B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,475 | +0.046% | $3.9M | $17.3M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,471.5 | +0.042% | $4.6M | $97.4M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,382 | −0.062% | $697.9M | $180.4M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,473.7 | +0.045% | $5.50B | $9.85B | 200x | as long as short |
| MEXC BTC_USDT | +0.0100% | 8h | 85,468.5 | +0.039% | $5.05B | $5.72B | 500x | as long as short |
| Bitget BTCUSDT | +0.0100% | 8h | 85,470 | +0.041% | $2.98B | $5.17B | 150x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,437.2 | +0.002% | $37.8M | $193.8M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,465.8 | +0.036% | $155.8M | $547.5M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,416.6 | −0.022% | $283.2M | $960.3M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,448.6 | +0.015% | $214.4M | $157.3M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,449.8 | +0.017% | $136.7M | $313.1M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,472.1 | +0.043% | $30.1M | $217.7M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,533.1 | +0.114% | — | $9.5M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,260 | −0.205% | $10.9M | $14.9M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,450.6 | +0.018% | $199K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,448.2 | +0.015% | $2.7M | $9.9M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,486.1 | +0.059% | $194K | $796K | 40x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,447.8 | +0.015% | $2.9M | $6.2M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,442 | +0.008% | $59.8M | $336.7M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,437.1 | +0.002% | $2.26B | $973.8M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,445.6 | +0.012% | $160.5M | $517.4M | 150x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,448.2 | +0.015% | $45.7M | $241.8M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,484.2 | +0.057% | — | $107.4M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,489 | +0.063% | $111.4M | $5.46B | 50x | as long as short |
| Reya BTCRUSDPERPlong | +0.0147% | 1h | 85,435.4 | long leg | $6.6M | $139.9M | 40x | |
| Derive BTC-PERP | +0.0170% | 1h | 85,488.3 | +0.062% | $28.8M | $49.6M | 15x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0174% / S −0.0148% | 1h | 85,450.6 | +0.018% | $13.0M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0185% | 8h | 85,499 | +0.074% | $10.6M | $739.8M | 6.4x | as long as short |
| RISEx BTC/USDC | +0.0194% | 1h | 85,480.5 | +0.053% | $8.9M | $42.8M | 25x | as long as short |
| Hyperliquid BTC | +0.0244% | 1h | 85,560 | +0.146% | $3.82B | $5.14B | 40x | as long as short |
| Aftermath Perps BTCUSD | +0.0293% | 1h | 85,434.6 | −0.001% | $81K | $246K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0336% | 1h | 85,530.4 | +0.111% | $686K | $7.7M | 30x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,484.5 | +0.057% | $468K | $18.4M | 6.7x | as long as short |
Phoenix BTC
BingX BTC-USDC
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Aevo BTC-PERP
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Nado BTC-PERP
Pacifica BTC
Binance BTCUSDT
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk 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
Bluefin BTC-PERP
SunX BTC-USDT
SoDEX BTC-USD
HTX BTC-USDT
Phemex BTCUSDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Derive BTC-PERP
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
RISEx BTC/USDC
Hyperliquid BTC
Aftermath Perps BTCUSD
Hibachi BTC/USDT-P
Perpl BTC