Funding you earn now, next payment 12:00 UTC−0.0065%/8h= −7.1% APRnext payment −$0.08 per $10,000 · paid last 24h −0.003%
Price spread now: StandX against RISEx−0.066%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$170.170% of the position
Funding, last 4 days (all we have)−0.004%$0 on $10k
+Price spread, last 7 days+0.049%+$5 · spread now −0.066%, 7d avg −0.012%
=Together, before fees+0.045%+ Points / potential airdropStandX: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and StandX is 0.055% cheaper against RISEx than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.012%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx BTC/USDC | 86,071 | 0.0165 | pay 0.0021% / 1h | 9m 31s | $9.0M | $35.3M | 25x |
| Short | StandX BTC-USD | 86,014 | 0.0100 | get 0.0013% / 1h | 9m 31s | $30.2M | $227.5M | 40x |
RISEx BTC/USDC
StandX BTC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against RISEx. 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
- −$13.65
- Price spread: −0.066% → −0.012%
- −$5.46
- Slippage, 4 orders
- −$3.03
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$36.14
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 3 min ago; StandX: live order book, 3 min ago.
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 RISEx live order book, 3 min ago | 0.01 bp | 3.7 bp −$4 | 3.7 bp −$37 | 11.4 bp −$1,144 | doesn't fit |
| Sell StandX live order book, 3 min ago | 0.64 bp | 5.6 bp −$6 | 6.6 bp −$66 | 8.1 bp −$813 | 10.1 bp −$5,039 |
BTC on 56 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl BTC | −0.0223% | 43m | 86,038 | −0.038% | $466K | $13.2M | 6.7x | as long as short |
| Phoenix BTC | −0.0150% | 1h | 86,038 | −0.038% | $2.1M | $7.7M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,871 | −0.232% | $8K | $2K | 50x | as long as short |
| BloFin BTC-USDT | −0.0058% | 8h | 86,016.5 | −0.063% | $421.0M | $552.3M | 150x | as long as short |
| SoDEX BTC-USD | −0.0035% | 1h | 85,998 | −0.085% | $65.9M | $186.3M | 40x | as long as short |
| 01 Exchange BTCUSD | −0.0032% | 1h | 86,053 | −0.021% | $363K | $1.8M | 50x | as long as short |
| dYdX BTC-USD | 0.0000% | 1h | 86,034.5 | −0.042% | $16.9M | $13.2M | 50x | as long as short |
| Injective BTC/USDC PERP | +0.0001% | 1h | 86,020 | −0.059% | $440K | $32.4M | 52x | as long as short |
| Aster BTCUSDT | +0.0002% | 8h | 86,022.1 | −0.057% | $510.4M | $814.5M | 200x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 86,015.4 | −0.065% | $37.0M | — | 200x | as long as short |
Perpl BTC
Phoenix BTC
Hotstuff BTC-PERP
BloFin BTC-USDT
SoDEX BTC-USD
01 Exchange BTCUSD
dYdX BTC-USD
Injective BTC/USDC PERP
Aster BTCUSDT
gTrade (Gains Network) BTC/USDShow all 56 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XBTUSD | +0.0019% | 1h | 86,015.7 | −0.064% | $193.6M | $723.4M | 100x | as long as short |
| Popdex BTCUSDT | +0.0032% | 1h | 86,031 | −0.046% | $8.6M | $46.1M | 100x | as long as short |
| Phemex BTCUSDT | +0.0038% | 8h | 86,002 | −0.080% | $173.2M | $468.7M | 150x | as long as short |
| KuCoin XBTUSDTM | +0.0050% | 8h | 86,044.4 | −0.031% | $952.6M | $625.7M | 125x | as long as short |
| BingX BTC-USDT | +0.0050% | 8h | 86,052.8 | −0.021% | — | $1.27B | — | as long as short |
| Binance BTCUSDT | +0.0060% | 8h | 86,031.9 | −0.045% | $9.41B | $19.84B | 150x | as long as short |
| MEXC BTC_USDT | +0.0060% | 8h | 86,048.1 | −0.027% | $5.19B | $4.77B | 500x | as long as short |
| Bybit BTCUSDT | +0.0062% | 8h | 86,031.5 | −0.046% | $5.16B | $7.92B | 150x | as long as short |
| Aevo BTC-PERP | +0.0064% | 1h | 85,984.3 | −0.101% | $2.4M | $6.8M | 20x | as long as short |
| Gate BTC_USDT | +0.0074% | 8h | 86,047 | −0.028% | $5.52B | $8.86B | 200x | as long as short |
| Bitget BTCUSDT | +0.0076% | 8h | 86,034.9 | −0.042% | $3.00B | $3.80B | 150x | as long as short |
| Bullet BTC-USD | +0.0079% | 1h | 86,003 | −0.079% | $221K | $3.2M | 20x | as long as short |
| HTX BTC-USDT | +0.0080% | 8h | 86,015.9 | −0.064% | $2.27B | $737.6M | 200x | as long as short |
| Nado BTC-PERP | +0.0089% | 1h | 86,031.5 | −0.046% | $22.9M | $188.9M | 50x | as long as short |
| Variational Omni BTC | +0.0092% | 8h | 85,989.7 | −0.094% | $157.6M | $474.7M | — | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,052.6 | −0.021% | $174.2M | $855.3M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,053.9 | −0.020% | $23.8M | $118.8M | 50x | as long as short |
| GRVT BTC_USDT_Perp | +0.0099% | 8h | 86,008.7 | −0.072% | $216.1M | $133.5M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,013 | −0.067% | $220K | $8.1M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,090.9 | +0.023% | $5.7M | $7.0M | 50x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,083.8 | +0.015% | $40.1M | $565.6M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,034.5 | −0.042% | $2.64B | $9.01B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,031 | −0.046% | $4.0M | $14.7M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,049.9 | −0.025% | $4.6M | $90.7M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,992.2 | −0.092% | $39.3M | $200.5M | 75x | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,036.2 | −0.040% | $289.8M | $715.7M | 100x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,006.1 | −0.075% | $137.8M | $284.5M | 100x | as long as short |
| StandX BTC-USDshort | +0.0100% | 1h | 86,014 | −0.066% | $30.2M | $227.5M | 40x | |
| Vest BTC-PERP | +0.0100% | 1h | 86,120.7 | +0.058% | — | $10.9M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,032 | −0.045% | $11.0M | $11.8M | 50x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,992 | −0.092% | $2.6M | $8.7M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 86,026.8 | −0.051% | $143K | $608K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,057.2 | −0.016% | $29.1M | $44.2M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,004.3 | −0.077% | $3.3M | $6.8M | 100x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,063.9 | −0.008% | $717.2M | $65.2M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,024.4 | −0.054% | $47.4M | $181.2M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 86,033.6 | −0.043% | — | $76.5M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0128% | 1h | 86,035.7 | −0.041% | $113.0M | $4.96B | 50x | as long as short |
| Deribit BTC-PERPETUAL | +0.0134% | 1h | 86,050.4 | −0.024% | $818.6M | $1.47B | 50x | as long as short |
| Hyperliquid BTC | +0.0154% | 1h | 86,120 | +0.057% | $3.98B | $4.13B | 40x | as long as short |
| Kalshi KXBTCPERP | +0.0158% | 8h | 86,039 | −0.037% | $13.1M | $731.4M | 6.4x | as long as short |
| RISEx BTC/USDClong | +0.0165% | 1h | 86,071 | long leg | $9.0M | $35.3M | 25x | |
| Reya BTCRUSDPERP | +0.0178% | 1h | 86,014.8 | −0.065% | $6.6M | $121.4M | 40x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0211% / S −0.0245% | 1h | 86,012.8 | −0.068% | $15.8M | — | 200x | as long as short |
| Aftermath Perps BTCUSD | +0.0263% | 1h | 86,045.3 | −0.030% | $80K | $221K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0288% | 1h | 86,066.7 | −0.005% | $690K | $6.8M | 30x | as long as short |
Kraken Futures PF_XBTUSD
Popdex BTCUSDT
Phemex BTCUSDT
KuCoin XBTUSDTM
BingX BTC-USDT
Binance BTCUSDT
MEXC BTC_USDT
Bybit BTCUSDT
Aevo BTC-PERP
Gate BTC_USDT
Bitget BTCUSDT
Bullet BTC-USD
HTX BTC-USDT
Nado BTC-PERP
Variational Omni BTC
Lighter BTC
Lighter RH BTC
GRVT BTC_USDT_Perp
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Pacifica BTC
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Backpack BTC_USDC_PERP
edgeX BTCUSDC
ApeX Omni BTCUSDT
Vest BTC-PERP
Polymarket Perps BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
Derive BTC-PERP
SunX BTC-USDT
Bulk BTC-USD
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Deribit BTC-PERPETUAL
Hyperliquid BTC
Kalshi KXBTCPERP
Reya BTCRUSDPERP
GMX BTC/USD [WBTC.b-USDC]
Aftermath Perps BTCUSD
Hibachi BTC/USDT-P