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

BTC

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 22:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.024%
Price spread now: Aevo against 01 Exchange−0.014%7-day average −0.034% · 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−$31as in the Price arb table
costs, in and out, $10k−$330.329% of the position
Long on 01 ExchangeShort on Aevo
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.071%+$7 on $10k
Price spread, last 3 days (all we have)−0.140%−$14 · spread now −0.014%, 7d avg −0.034%
Together, before fees−0.069%−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aevo is 0.020% dearer against 01 Exchange than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange BTCUSD86,606.10get 0.0000% / 1h49m 08s$361K$2.5M50x
ShortAevo BTC-PERP86,594.30.0048get 0.0006% / 1h49m 08s$2.4M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against 01 Exchange. 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
$10.08
Price spread: −0.014% → −0.034%
$2.04
Slippage, 4 orders
−$9.94
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$20.82
Costs to cover
0.329%
Break-even
21.5 days
Slippage from 01 Exchange: live order book, 5 min ago; Aevo: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy 01 Exchange live order book, 5 min ago0.16 bp4.5 bp −$568.0 bp −$680doesn't fitdoesn't fit
Sell Aevo live order book, 5 min ago3.31 bp12.9 bp −$1314.9 bp −$149doesn't fitdoesn't fit

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−0.0335%43m86,625+0.022%$426K$25.1M6.7xas long as short
Aftermath Perps BTCUSD−0.0200%1h86,707.1+0.117%$85K$188K20xas long as short
Phoenix BTC−0.0103%1h86,701+0.110%$2.2M$12.4M40xas long as short
dYdX BTC-USD−0.0090%1h86,651.2+0.052%$18.0M$20.0M50xas long as short
Hotstuff BTC-PERP−0.0080%1h86,590−0.019%$9K$3K50xas long as short
KuCoin XBTUSDTM−0.0002%8h86,576.7−0.034%$844.4M$709.2M125xas long as short
01 Exchange BTCUSDlong0.0000%1h86,606.1long leg$361K$2.5M50x
Deribit BTC-PERPETUAL0.0000%1h86,629.6+0.027%$921.2M$1.39B50xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0005%1h86,614.5+0.010%$36.6M—200xas long as short
Aster BTCUSDT+0.0013%8h86,584.8−0.025%$505.5M$1.16B200xas long as short
Show all 56 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BTC-USDT+0.0020%8h86,592.4−0.016%—$1.60B—as long as short
Reya BTCRUSDPERP+0.0021%1h86,587.6−0.021%$6.7M$144.0M40xas long as short
Phemex BTCUSDT+0.0024%8h86,586.9−0.022%$149.5M$469.6M150xas long as short
Bitget BTCUSDT+0.0026%8h86,588−0.021%$2.94B$5.08B150xas long as short
MEXC BTC_USDT+0.0047%8h86,589.8−0.019%$5.19B$5.63B500xas long as short
Binance BTCUSDT+0.0048%8h86,599.4−0.008%$9.43B$24.35B150xas long as short
Aevo BTC-PERPshort+0.0048%1h86,594.3−0.014%$2.4M$1.3M20x
Injective BTC/USDC PERP+0.0049%1h86,732+0.145%$315K$26.8M52xas long as short
OKX BTC-USDT-SWAP+0.0060%8h86,599.3−0.008%$2.57B$12.72B100xas long as short
RISEx BTC/USDC+0.0063%1h86,600.2−0.007%$9.2M$42.2M25xas long as short
Gate BTC_USDT+0.0064%8h86,593.8−0.014%$5.85B$10.57B200xas long as short
Bybit BTCUSDT+0.0077%8h86,587.2−0.022%$5.27B$9.70B150xas long as short
Variational Omni BTC+0.0088%8h86,626.8+0.024%$159.8M$564.2M—as long as short
Lighter BTC+0.0096%1h86,604.6−0.002%$172.0M$1.01B50xas long as short
Lighter RH BTC+0.0096%1h86,612.3+0.007%$24.0M$152.8M50xas long as short
GRVT BTC_USDT_Perp+0.0096%8h86,635.2+0.034%$217.5M$189.0M50xas long as short
Popdex BTCUSDT+0.0096%1h86,578−0.032%$8.5M$52.1M100xas long as short
Orderly PERP_BTC_USDC+0.0099%8h86,608.2+0.002%$2.4M$8.4M100xas long as short
SoDEX BTC-USD+0.0099%1h86,592−0.016%$60.4M$336.5M40xas long as short
Paradex BTC-USD-PERP+0.0100%8h86,628+0.025%$4.8M$8.2M50xas long as short
Katana Perps BTC-USD+0.0100%8h86,579−0.031%$200K$6.8M50xas long as short
Nado BTC-PERP+0.0100%1h86,600−0.007%$21.8M$237.5M50xas long as short
Hyperliquid BTC+0.0100%1h86,650+0.051%$3.83B$5.10B40xas long as short
Pacifica BTC+0.0100%1h86,620.7+0.017%$40.9M$485.8M50xas long as short
Ondo Perps BTC-USD.P+0.0100%1h86,630+0.028%$3.9M$18.8M25xas long as short
Arcus BTC-USD+0.0100%1h86,667.5+0.071%$7.4M$95.6M40xas long as short
Bulk BTC-USD+0.0100%1h86,665+0.068%$572.2M$23.5M40xas long as short
Backpack BTC_USDC_PERP+0.0100%1h86,592.9−0.015%$38.2M$148.1M75xas long as short
edgeX BTCUSDC+0.0100%4h86,704.2+0.113%$280.1M$946.6M100xas long as short
ApeX Omni BTCUSDT+0.0100%1h86,636.4+0.035%$141.8M$322.7M100xas long as short
StandX BTC-USD+0.0100%1h86,664+0.067%$30.8M$205.9M40xas long as short
Vest BTC-PERP+0.0100%1h86,656.9+0.059%—$11.6M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h86,588−0.021%$11.0M$13.7M50xas long as short
Bullet BTC-USD+0.0100%1h86,587.2−0.022%$198K$3.4M20xas long as short
Bluefin BTC-PERP+0.0100%1h86,611+0.006%$140K$619K40xas long as short
Derive BTC-PERP+0.0100%1h86,596−0.012%$30.0M$61.5M15xas long as short
SunX BTC-USDT+0.0100%8h86,576.6−0.034%$3.4M$5.6M100xas long as short
HTX BTC-USDT+0.0100%8h86,578.8−0.032%$2.30B$956.7M200xas long as short
Extended BTC-USD+0.0104%1h86,580.8−0.029%$46.6M$229.3M50xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h86,613.5+0.009%—$98.1M500xas long as short
Kalshi KXBTCPERP+0.0106%8h86,635+0.033%$8.8M$724.4M6.4xas long as short
Kraken Futures PF_XBTUSD+0.0117%1h86,632.7+0.031%$192.1M$926.7M100xas long as short
Coinbase International BTC-PERP-INTX+0.0120%1h86,642.1+0.042%$131.9M$5.91B50xas long as short
BloFin BTC-USDT+0.0168%8h86,592.1−0.016%$418.0M$642.6M150xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0181% / S −0.0198%1h86,609.5+0.004%$15.4M—200xas long as short
Hibachi BTC/USDT-P+0.0208%1h86,672.4+0.077%$598K$7.2M30xas long as short