Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Bulk against StandX+0.006%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$180.178% of the position
Funding, last 3 days (all we have)+0.007%+$1 on $10k
+Price spread, last 7 days+0.010%+$1 · spread now +0.006%, 7d avg +0.005%
=Together, before fees+0.017%+ Points / potential airdropStandX: Active · farm board+$2 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX BTC-USD | 86,602 | 0.0100 | pay 0.0013% / 1h | 37m 58s | $30.8M | $205.7M | 40x |
| Short | Bulk BTC-USD | 86,606.9 | 0.0100 | get 0.0013% / 1h | 37m 58s | $571.9M | $22.8M | 40x |
StandX BTC-USD
Bulk BTC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against StandX. 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
- $0
- Price spread: +0.006% → +0.005%
- $0.03
- Slippage, 4 orders
- −$2.81
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$17.78
- Costs to cover
- 0.178%
- Break-even
- never at this rate
Slippage from StandX: live order book, 1 min ago; Bulk: live order book, 1 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 StandX live order book, 1 min ago | 0.75 bp | 5.4 bp −$5 | 7.8 bp −$78 | 9.4 bp −$935 | 10.7 bp −$5,333 |
| Sell Bulk live order book, 1 min ago | 0.01 bp | 3.5 bp −$4 | 3.5 bp −$35 | 3.5 bp −$351 | 4.6 bp −$2,294 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl BTC | −0.0223% | 43m | 86,539.8 | −0.072% | $428K | $24.9M | 6.7x | as long as short |
| Aftermath Perps BTCUSD | −0.0221% | 1h | 86,594.9 | −0.008% | $85K | $188K | 20x | as long as short |
| Phoenix BTC | −0.0103% | 1h | 86,607 | +0.006% | $2.2M | $12.4M | 40x | as long as short |
| dYdX BTC-USD | −0.0100% | 1h | 86,558 | −0.051% | $17.6M | $20.5M | 50x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,514 | −0.102% | $9K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0001% | 8h | 86,564.2 | −0.044% | $844.7M | $707.5M | 125x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 86,578.8 | −0.027% | $361K | $2.4M | 50x | as long as short |
| Deribit BTC-PERPETUAL | 0.0000% | 1h | 86,609.6 | +0.009% | $936.3M | $1.43B | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0005% | 1h | 86,592.2 | −0.011% | $36.6M | — | 200x | as long as short |
| Aster BTCUSDT | +0.0009% | 8h | 86,595.8 | −0.007% | $505.7M | $1.16B | 200x | as long as short |
Perpl BTC
Aftermath Perps BTCUSD
Phoenix BTC
dYdX BTC-USD
Hotstuff BTC-PERP
KuCoin XBTUSDTM
01 Exchange BTCUSD
Deribit BTC-PERPETUAL
gTrade (Gains Network) BTC/USD
Aster BTCUSDTShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya BTCRUSDPERP | +0.0021% | 1h | 86,559.1 | −0.050% | $6.7M | $144.2M | 40x | as long as short |
| BingX BTC-USDC | +0.0022% | 8h | 86,587.2 | −0.017% | — | $15.2M | — | as long as short |
| Bitget BTCUSDT | +0.0028% | 8h | 86,625.4 | +0.027% | $2.95B | $5.07B | 150x | as long as short |
| Phemex BTCUSDT | +0.0028% | 8h | 86,570.1 | −0.037% | $149.6M | $470.7M | 150x | as long as short |
| Aevo BTC-PERP | +0.0048% | 1h | 86,576 | −0.030% | $2.4M | $1.3M | 20x | as long as short |
| Injective BTC/USDC PERP | +0.0049% | 1h | 86,732 | +0.150% | $315K | $26.8M | 52x | as long as short |
| MEXC BTC_USDT | +0.0050% | 8h | 86,582 | −0.023% | $5.19B | $5.66B | 500x | as long as short |
| Binance BTCUSDT | +0.0050% | 8h | 86,617.8 | +0.018% | $9.44B | $24.30B | 150x | as long as short |
| RISEx BTC/USDC | +0.0063% | 1h | 86,554.3 | −0.055% | $9.3M | $41.9M | 25x | as long as short |
| Gate BTC_USDT | +0.0068% | 8h | 86,607.6 | +0.007% | $5.84B | $10.61B | 200x | as long as short |
| OKX BTC-USDT-SWAP | +0.0068% | 8h | 86,634.3 | +0.037% | $2.57B | $12.69B | 100x | as long as short |
| Bybit BTCUSDT | +0.0079% | 8h | 86,619.8 | +0.021% | $5.28B | $9.66B | 150x | as long as short |
| Variational Omni BTC | +0.0091% | 8h | 86,619.6 | +0.020% | $160.0M | $567.4M | — | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,587.8 | −0.016% | $172.1M | $1.01B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,587.7 | −0.017% | $24.0M | $153.3M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,554 | −0.055% | $8.5M | $52.1M | 100x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,566.6 | −0.041% | $4.8M | $8.2M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,541 | −0.070% | $196K | $6.8M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,520 | −0.095% | $21.7M | $235.6M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,652 | +0.058% | $3.82B | $5.11B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,564.3 | −0.044% | $41.2M | $490.3M | 50x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,540 | −0.072% | $3.9M | $18.6M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,608 | +0.007% | $7.4M | $93.6M | 40x | as long as short |
| Bulk BTC-USDshort | +0.0100% | 1h | 86,606.9 | +0.006% | $571.9M | $22.8M | 40x | |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,586.3 | −0.018% | $38.1M | $148.3M | 75x | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,603.7 | +0.002% | $279.8M | $949.2M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,620.3 | +0.021% | $217.5M | $188.3M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,631.1 | +0.034% | $141.6M | $323.0M | 100x | as long as short |
| StandX BTC-USDlong | +0.0100% | 1h | 86,602 | long leg | $30.8M | $205.7M | 40x | |
| Vest BTC-PERP | +0.0100% | 1h | 86,613.3 | +0.013% | — | $11.6M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,552 | −0.058% | $11.1M | $13.7M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,567.6 | −0.040% | $194K | $3.4M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,586.6 | −0.018% | $2.5M | $8.5M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 86,597.5 | −0.005% | $140K | $619K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,578.2 | −0.027% | $30.0M | $61.7M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,573.5 | −0.033% | $3.4M | $5.5M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 86,574 | −0.032% | $60.4M | $336.4M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 86,564.2 | −0.044% | $2.30B | $956.7M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,615.1 | +0.015% | $46.4M | $227.9M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,561 | −0.047% | — | $98.2M | 500x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0117% | 1h | 86,612.5 | +0.012% | $189.4M | $930.4M | 100x | as long as short |
| Kalshi KXBTCPERP | +0.0120% | 8h | 86,571 | −0.036% | $8.9M | $723.2M | 6.4x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0120% | 1h | 86,622.9 | +0.024% | $131.9M | $5.86B | 50x | as long as short |
| BloFin BTC-USDT | +0.0171% | 8h | 86,555 | −0.054% | $416.9M | $646.9M | 150x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0178% / S −0.0185% | 1h | 86,588 | −0.016% | $14.9M | — | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.0224% | 1h | 86,648.2 | +0.053% | $602K | $7.2M | 30x | as long as short |
Reya BTCRUSDPERP
BingX BTC-USDC
Bitget BTCUSDT
Phemex BTCUSDT
Aevo BTC-PERP
Injective BTC/USDC PERP
MEXC BTC_USDT
Binance BTCUSDT
RISEx BTC/USDC
Gate BTC_USDT
OKX BTC-USDT-SWAP
Bybit BTCUSDT
Variational Omni BTC
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Paradex BTC-USD-PERP
Katana Perps BTC-USD
Nado BTC-PERP
Hyperliquid BTC
Pacifica BTC
Ondo Perps BTC-USD.P
Arcus BTC-USD
Backpack BTC_USDC_PERP
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
Derive BTC-PERP
SunX BTC-USDT
SoDEX BTC-USD
HTX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Kraken Futures PF_XBTUSD
Kalshi KXBTCPERP
Coinbase International BTC-PERP-INTX
BloFin BTC-USDT
GMX BTC/USD [WBTC.b-USDC]
Hibachi BTC/USDT-P