Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.033%
Price spread now: Pacifica against 01 Exchange+0.029%7-day average +0.026% · 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−$17as in the Price arb table
costs, in and out, $10k−$170.170% of the position
Funding, last 3 days (all we have)+0.094%+$9 on $10k
+Price spread, last 7 days−0.046%−$5 · spread now +0.029%, 7d avg +0.026%
=Together, before fees+0.048%+ Points / potential airdropPacifica: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange BTCUSD | 86,776.2 | 0 | get 0.0000% / 1h | 14m 57s | $362K | $2.4M | 50x |
| Short | Pacifica BTC | 86,801.5 | 0.0100 | get 0.0013% / 1h | 14m 57s | $41.0M | $494.9M | 50x |
01 Exchange BTCUSD
Pacifica BTCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: +0.029% → +0.026%
- $0.37
- Slippage, 4 orders
- −$2.05
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $4.32
- Costs to cover
- 0.170%
- Break-even
- 5.6 days
Slippage from 01 Exchange: live order book, 4 min ago; Pacifica: live order book, 4 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 01 Exchange live order book, 4 min ago | 0.01 bp | 5.3 bp −$5 | 9.4 bp −$94 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 4 min ago | 0.06 bp | 4.1 bp −$4 | 4.1 bp −$41 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps BTCUSD | −0.0242% | 1h | 86,763.9 | −0.014% | $85K | $188K | 20x | as long as short |
| Perpl BTC | −0.0223% | 43m | 86,791.9 | +0.018% | $426K | $24.7M | 6.7x | as long as short |
| Phoenix BTC | −0.0103% | 1h | 86,739 | −0.043% | $2.2M | $12.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,759 | −0.020% | $9K | $3K | 50x | as long as short |
| dYdX BTC-USD | −0.0061% | 1h | 86,782.5 | +0.007% | $17.6M | $20.6M | 50x | as long as short |
| 01 Exchange BTCUSDlong | 0.0000% | 1h | 86,776.2 | long leg | $362K | $2.4M | 50x | |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 86,791 | +0.017% | $36.9M | — | 200x | as long as short |
| KuCoin XBTUSDTM | +0.0006% | 8h | 86,752.9 | −0.027% | $850.4M | $707.6M | 125x | as long as short |
| Aster BTCUSDT | +0.0008% | 8h | 86,739.9 | −0.042% | $506.4M | $1.16B | 200x | as long as short |
| Deribit BTC-PERPETUAL | +0.0018% | 1h | 86,808.5 | +0.037% | $931.2M | $1.47B | 50x | as long as short |
Aftermath Perps BTCUSD
Perpl BTC
Phoenix BTC
Hotstuff BTC-PERP
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
KuCoin XBTUSDTM
Aster BTCUSDT
Deribit BTC-PERPETUALShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya BTCRUSDPERP | +0.0021% | 1h | 86,745 | −0.036% | $6.7M | $144.4M | 40x | as long as short |
| Phemex BTCUSDT | +0.0023% | 8h | 86,766.4 | −0.011% | $150.4M | $472.3M | 150x | as long as short |
| BingX BTC-USDT | +0.0028% | 8h | 86,755.4 | −0.024% | — | $1.60B | — | as long as short |
| Bitget BTCUSDT | +0.0036% | 8h | 86,748.5 | −0.032% | $2.96B | $5.08B | 150x | as long as short |
| Injective BTC/USDC PERP | +0.0049% | 1h | 86,639 | −0.158% | $315K | $26.8M | 52x | as long as short |
| MEXC BTC_USDT | +0.0060% | 8h | 86,751.6 | −0.028% | $5.19B | $5.71B | 500x | as long as short |
| Binance BTCUSDT | +0.0061% | 8h | 86,751.9 | −0.028% | $9.44B | $24.37B | 150x | as long as short |
| RISEx BTC/USDC | +0.0063% | 1h | 86,769.9 | −0.007% | $9.4M | $41.9M | 25x | as long as short |
| Aevo BTC-PERP | +0.0064% | 1h | 86,767.4 | −0.010% | $2.4M | $1.3M | 20x | as long as short |
| Gate BTC_USDT | +0.0083% | 8h | 86,753.3 | −0.026% | $5.85B | $10.68B | 200x | as long as short |
| Bybit BTCUSDT | +0.0085% | 8h | 86,750.2 | −0.030% | $5.29B | $9.71B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0088% | 8h | 86,765.1 | −0.013% | $2.56B | $12.76B | 100x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,784.7 | +0.010% | $172.0M | $1.02B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,794.2 | +0.021% | $24.2M | $154.1M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,749 | −0.031% | $8.5M | $52.3M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,744 | −0.037% | $202K | $6.8M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,809.3 | +0.038% | $4.8M | $8.2M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,761.4 | −0.017% | $21.7M | $235.6M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,838 | +0.071% | $3.82B | $5.12B | 40x | as long as short |
| Pacifica BTCshort | +0.0100% | 1h | 86,801.5 | +0.029% | $41.0M | $494.9M | 50x | |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,767 | −0.011% | $3.9M | $18.6M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,826.7 | +0.058% | $7.5M | $94.8M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,792.1 | +0.018% | $573.3M | $22.0M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,771.8 | −0.005% | $38.1M | $149.5M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,796.1 | +0.023% | $159.7M | $566.8M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,776.5 | 0.000% | $280.3M | $952.5M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,797.1 | +0.024% | $218.0M | $187.7M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,813.3 | +0.043% | $141.7M | $322.7M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,797.9 | +0.025% | $30.8M | $204.0M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,821.3 | +0.052% | — | $11.6M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,759 | −0.020% | $11.1M | $13.7M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,766.4 | −0.011% | $197K | $3.4M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,782.2 | +0.007% | $2.5M | $8.5M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 86,789.4 | +0.015% | $141K | $619K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,776.8 | +0.001% | $30.1M | $61.8M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,765 | −0.013% | $3.4M | $5.5M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 86,766 | −0.012% | $60.6M | $336.5M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 86,761.5 | −0.017% | $2.30B | $959.1M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,734 | −0.049% | $46.3M | $226.8M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,816.7 | +0.047% | — | $98.9M | 500x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0116% | 1h | 86,805.3 | +0.034% | $188.1M | $934.1M | 100x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0120% | 1h | 86,813 | +0.042% | $131.9M | $5.86B | 50x | as long as short |
| Kalshi KXBTCPERP | +0.0160% | 8h | 86,797 | +0.024% | $9.7M | $727.5M | 6.4x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0180% / S −0.0209% | 1h | 86,784.4 | +0.009% | $15.0M | — | 200x | as long as short |
| BloFin BTC-USDT | +0.0181% | 8h | 86,766.2 | −0.012% | $415.5M | $656.2M | 150x | as long as short |
| Hibachi BTC/USDT-P | +0.0208% | 1h | 86,850.2 | +0.085% | $645K | $7.6M | 30x | as long as short |
Reya BTCRUSDPERP
Phemex BTCUSDT
BingX BTC-USDT
Bitget BTCUSDT
Injective BTC/USDC PERP
MEXC BTC_USDT
Binance BTCUSDT
RISEx BTC/USDC
Aevo BTC-PERP
Gate BTC_USDT
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Nado BTC-PERP
Hyperliquid BTC
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
StandX BTC-USD
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
Coinbase International BTC-PERP-INTX
Kalshi KXBTCPERP
GMX BTC/USD [WBTC.b-USDC]
BloFin BTC-USDT
Hibachi BTC/USDT-P