Settings8H · net · $10k
Funding arb · Price arb /

BTC

all BTC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Vest against SunX+0.034%49s7-day average +0.025% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.035%−$3 on $10k
Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.034%, 7d avg +0.025%
Together, before fees−0.043%+ Points / potential airdropVest: Active · farm board−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BTC-USDT85,158.90.0100pay 0.0100% / 8h2h 23m$2.9M$6.1M100x
ShortVest BTC-PERP85,188.10.0100get 0.0013% / 1h23m 24s$10.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against SunX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.034% → +0.025%
$0.92
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Vest: 1 bp × 2 orders
−$2
Net
−$9.08
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 5 min ago; Vest: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 5 min ago1.00 bp6.0 bp −$66.9 bp −$699.3 bp −$932doesn't fit
Sell Vest no order-book sample
Vest: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl BTC−0.0112%43m85,115−0.052%$525K$18.4M6.7xas long as short
Phoenix BTC−0.0111%1h85,134−0.029%$2.1M$10.4M40xas long as short
Hotstuff BTC-PERP−0.0080%1h85,150−0.010%$8K$3K50xas long as short
KuCoin XBTUSDTM−0.0054%8h85,090−0.081%$920.9M$763.7M125xas long as short
BloFin BTC-USDT−0.0036%8h85,188.1+0.034%$419.5M$679.4M150xas long as short
Aster BTCUSDT−0.0016%8h85,095−0.075%$511.6M$1.09B200xas long as short
01 Exchange BTCUSD−0.0016%1h85,119.9−0.046%$372K$2.4M50xas long as short
dYdX BTC-USD+0.0001%1h85,176+0.020%$16.7M$21.4M50xas long as short
gTrade (Gains Network) BTC/USDL +0.0004% / S −0.0004%1h85,121.8−0.044%$36.4M200xas long as short
Injective BTC/USDC PERP+0.0023%1h85,225+0.078%$338K$26.8M52xas long as short
Show all 56 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado BTC-PERP+0.0035%1h85,138−0.025%$24.7M$222.6M50xas long as short
Kraken Futures PF_XBTUSD+0.0056%1h85,193.3+0.040%$186.9M$953.8M100xas long as short
BingX BTC-USDT+0.0067%8h85,098.9−0.070%$1.56Bas long as short
Deribit BTC-PERPETUAL+0.0072%1h85,213.8+0.065%$867.5M$1.61B50xas long as short
Phemex BTCUSDT+0.0077%8h85,165.6+0.008%$147.5M$504.8M150xas long as short
Aevo BTC-PERP+0.0080%1h85,172.7+0.016%$2.4M$6.7M20xas long as short
MEXC BTC_USDT+0.0084%8h85,103.2−0.065%$5.04B$5.72B500xas long as short
Bitget BTCUSDT+0.0085%8h85,097.8−0.072%$2.94B$5.15B150xas long as short
Binance BTCUSDT+0.0085%8h85,105.7−0.062%$9.40B$24.81B150xas long as short
Lighter BTC+0.0096%1h85,126.4−0.038%$170.8M$1.02B50xas long as short
Lighter RH BTC+0.0096%1h85,130.6−0.033%$23.6M$148.6M50xas long as short
Popdex BTCUSDT+0.0096%1h85,101−0.068%$8.3M$55.7M100xas long as short
Coinbase International BTC-PERP-INTX+0.0096%1h85,218+0.069%$116.9M$5.38B50xas long as short
Katana Perps BTC-USD+0.0100%8h85,075−0.099%$238K$8.6M50xas long as short
Paradex BTC-USD-PERP+0.0100%8h85,186.7+0.033%$5.8M$9.6M50xas long as short
Hyperliquid BTC+0.0100%1h85,181+0.026%$3.74B$5.06B40xas long as short
Pacifica BTC+0.0100%1h85,151.2−0.009%$40.1M$599.0M50xas long as short
Bybit BTCUSDT+0.0100%8h85,099.2−0.070%$5.14B$9.93B150xas long as short
OKX BTC-USDT-SWAP+0.0100%8h85,105.9−0.062%$2.57B$12.16B100xas long as short
Ondo Perps BTC-USD.P+0.0100%1h85,107−0.061%$3.8M$17.6M25xas long as short
Arcus BTC-USD+0.0100%1h85,109.5−0.058%$4.6M$99.1M40xas long as short
Bulk BTC-USD+0.0100%1h85,183.8+0.029%$678.4M$603.6M40xas long as short
Gate BTC_USDT+0.0100%8h85,115.9−0.050%$5.51B$10.98B200xas long as short
Backpack BTC_USDC_PERP+0.0100%1h85,149.8−0.011%$36.3M$176.1M75xas long as short
Variational Omni BTC+0.0100%8h85,082−0.090%$154.2M$566.7Mas long as short
edgeX BTCUSDC+0.0100%4h85,094.5−0.076%$278.9M$945.6M100xas long as short
GRVT BTC_USDT_Perp+0.0100%8h85,181.8+0.027%$213.9M$166.7M50xas long as short
ApeX Omni BTCUSDT+0.0100%1h85,090.5−0.080%$139.1M$315.1M100xas long as short
StandX BTC-USD+0.0100%1h85,181.9+0.027%$30.1M$206.8M40xas long as short
Vest BTC-PERPshort+0.0100%1h85,188.1+0.034%$10.9M50x
Polymarket Perps BTC-USD+0.0100%1h85,100−0.069%$11.0M$14.4M50xas long as short
Bullet BTC-USD+0.0100%1h85,104−0.065%$204K$3.3M20xas long as short
Orderly PERP_BTC_USDC+0.0100%8h85,173.2+0.017%$2.5M$9.3M100xas long as short
Bluefin BTC-PERP+0.0100%1h85,217.4+0.069%$228K$760K40xas long as short
Derive BTC-PERP+0.0100%1h85,152.4−0.008%$29.9M$48.5M15xas long as short
SunX BTC-USDTlong+0.0100%8h85,158.9long leg$2.9M$6.1M100x
SoDEX BTC-USD+0.0100%1h85,182+0.027%$59.6M$336.1M40xas long as short
HTX BTC-USDT+0.0100%8h85,158.90.000%$2.25B$941.6M200xas long as short
Extended BTC-USD+0.0104%1h85,076.6−0.097%$45.2M$239.0M50xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h85,177.8+0.022%$106.9M500xas long as short
Reya BTCRUSDPERP+0.0116%1h85,096.4−0.073%$6.6M$147.4M40xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0176% / S −0.0151%1h85,173.2+0.017%$13.0M200xas long as short
Kalshi KXBTCPERP+0.0179%8h85,181+0.026%$11.5M$744.0M6.4xas long as short
Aftermath Perps BTCUSD+0.0224%1h85,166+0.008%$78K$227K20xas long as short
Hibachi BTC/USDT-P+0.0232%1h85,206.5+0.056%$687K$8.0M30xas long as short
RISEx BTC/USDC+0.0257%1h85,124.7−0.040%$8.7M$43.2M25xas long as short