Funding you earn now, next payment 01:00 UTC−0.0140%/8h= −15.3% APRnext payment −$0.18 per $10,000 · paid last 24h −0.032%
Price spread now: 01 Exchange against StandX−0.075%7-day average +0.001% · 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−$29as in the Price arb table
costs, in and out, $10k−$220.218% of the position
Funding, last 3 days (all we have)−0.087%−$9 on $10k
+Price spread, last 7 days+0.103%+$10 · spread now −0.075%, 7d avg +0.001%
=Together, before fees+0.016%+ Points / potential airdropStandX: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and 01 Exchange is 0.076% cheaper against StandX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.001%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX BTC-USD | 86,270 | 0.0100 | pay 0.0013% / 1h | 12m 00s | $30.6M | $208.1M | 40x |
| Short | 01 Exchange BTCUSD | 86,205.4 | −0.0040 | pay 0.0005% / 1h | 12m 00s | $363K | $2.3M | 50x |
StandX BTC-USD
01 Exchange BTCUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$29.4
- Price spread: −0.075% → +0.001%
- −$7.58
- Slippage, 4 orders
- −$6.85
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$58.83
- Costs to cover
- 0.218%
- Break-even
- never at this rate
Slippage from StandX: live order book, 2 min ago; 01 Exchange: live order book, 2 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, 2 min ago | 1.27 bp | 5.3 bp −$5 | 6.5 bp −$65 | 7.9 bp −$791 | 9.3 bp −$4,648 |
| Sell 01 Exchange live order book, 2 min ago | 0.01 bp | 5.9 bp −$6 | 9.7 bp −$97 | doesn't fit | doesn't fit |
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 | −0.0129% | 1h | 86,372 | +0.118% | $2.2M | $11.2M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,228 | −0.049% | $9K | $3K | 50x | as long as short |
| 01 Exchange BTCUSDshort | −0.0040% | 1h | 86,205.4 | −0.075% | $363K | $2.3M | 50x | |
| Bluefin BTC-PERP | −0.0004% | 1h | 86,236.3 | −0.039% | $144K | $667K | 40x | as long as short |
| Perpl BTC | 0.0000% | 43m | 86,214.1 | −0.065% | $568K | $21.3M | 6.7x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 86,229.9 | −0.046% | $36.9M | — | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0023% | 1h | 86,365 | +0.110% | $343K | $26.9M | 52x | as long as short |
| dYdX BTC-USD | +0.0026% | 1h | 86,269.4 | −0.001% | $16.9M | $20.5M | 50x | as long as short |
| Aster BTCUSDT | +0.0033% | 8h | 86,209.9 | −0.070% | $499.7M | $1.13B | 200x | as long as short |
| KuCoin XBTUSDTM | +0.0044% | 8h | 86,206.1 | −0.074% | $829.4M | $716.6M | 125x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
Bluefin BTC-PERP
Perpl BTC
gTrade (Gains Network) BTC/USD
Injective BTC/USDC PERP
dYdX BTC-USD
Aster BTCUSDT
KuCoin XBTUSDTMShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya BTCRUSDPERP | +0.0048% | 1h | 86,189 | −0.094% | $6.7M | $145.8M | 40x | as long as short |
| BingX BTC-USDC | +0.0051% | 8h | 86,199.6 | −0.082% | — | $15.3M | — | as long as short |
| RISEx BTC/USDC | +0.0052% | 1h | 86,209.9 | −0.070% | $8.3M | $42.4M | 25x | as long as short |
| Bitget BTCUSDT | +0.0065% | 8h | 86,208.4 | −0.071% | $2.97B | $5.04B | 150x | as long as short |
| SoDEX BTC-USD | +0.0078% | 1h | 86,211 | −0.068% | $60.4M | $338.2M | 40x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 86,200.5 | −0.081% | $2.5M | $1.8M | 20x | as long as short |
| MEXC BTC_USDT | +0.0084% | 8h | 86,206.6 | −0.073% | $5.11B | $5.75B | 500x | as long as short |
| Binance BTCUSDT | +0.0085% | 8h | 86,212.3 | −0.067% | $9.39B | $24.22B | 150x | as long as short |
| Gate BTC_USDT | +0.0087% | 8h | 86,221.3 | −0.056% | $5.76B | $10.62B | 200x | as long as short |
| HTX BTC-USDT | +0.0096% | 8h | 86,188.4 | −0.095% | $2.29B | $959.4M | 200x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,230.6 | −0.046% | $170.3M | $992.5M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,230 | −0.046% | $23.6M | $152.0M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,215 | −0.064% | $8.4M | $52.0M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,180 | −0.104% | $199K | $7.3M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,259.2 | −0.013% | $4.2M | $8.6M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,251.9 | −0.021% | $22.0M | $226.1M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,281 | +0.013% | $3.78B | $4.99B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,261.8 | −0.010% | $40.6M | $558.6M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 86,224.5 | −0.053% | $5.25B | $9.63B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,228.8 | −0.048% | $2.56B | $12.44B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,207 | −0.073% | $3.9M | $17.8M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,223.8 | −0.054% | $7.2M | $95.0M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,145.7 | −0.144% | $580.3M | $59.0M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,194.9 | −0.087% | $35.5M | $161.1M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,226.1 | −0.051% | $156.7M | $559.2M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,254.8 | −0.018% | $278.6M | $953.7M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,292.2 | +0.026% | $216.6M | $165.6M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,290.3 | +0.024% | $141.4M | $320.5M | 100x | as long as short |
| StandX BTC-USDlong | +0.0100% | 1h | 86,270 | long leg | $30.6M | $208.1M | 40x | |
| Vest BTC-PERP | +0.0100% | 1h | 86,265.7 | −0.005% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,206 | −0.074% | $11.1M | $14.0M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,213.4 | −0.066% | $190K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,208.6 | −0.071% | $2.4M | $9.1M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,228.7 | −0.048% | $30.3M | $56.7M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,181.2 | −0.103% | $3.3M | $5.4M | 100x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 86,228 | −0.049% | $155.5M | $473.0M | 150x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,189.4 | −0.093% | $45.9M | $222.4M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,272.7 | +0.003% | — | $98.9M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0120% | 1h | 86,250 | −0.023% | $132.2M | $5.29B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0121% | 1h | 86,238.8 | −0.036% | $191.8M | $948.1M | 100x | as long as short |
| Hibachi BTC/USDT-P | +0.0152% | 1h | 86,299.4 | +0.034% | $714K | $7.9M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0168% | 1h | 86,298.3 | +0.033% | $77K | $217K | 20x | as long as short |
| Deribit BTC-PERPETUAL | +0.0180% | 1h | 86,259.7 | −0.012% | $902.3M | $1.51B | 50x | as long as short |
| BloFin BTC-USDT | +0.0204% | 8h | 86,271.5 | +0.002% | $415.8M | $641.8M | 150x | as long as short |
| Kalshi KXBTCPERP | +0.0206% | 8h | 86,258 | −0.014% | $10.5M | $766.0M | 6.4x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0207% / S −0.0222% | 1h | 86,227.5 | −0.049% | $14.5M | — | 200x | as long as short |
Reya BTCRUSDPERP
BingX BTC-USDC
RISEx BTC/USDC
Bitget BTCUSDT
SoDEX BTC-USD
Aevo BTC-PERP
MEXC BTC_USDT
Binance BTCUSDT
Gate BTC_USDT
HTX BTC-USDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Nado BTC-PERP
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Derive BTC-PERP
SunX BTC-USDT
Phemex BTCUSDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD
Deribit BTC-PERPETUAL
BloFin BTC-USDT
Kalshi KXBTCPERP
GMX BTC/USD [WBTC.b-USDC]