Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.032%
Price spread now: StandX against 01 Exchange−0.064%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−$27as in the Price arb table
costs, in and out, $10k−$200.203% of the position
Funding, last 3 days (all we have)+0.083%+$8 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now −0.064%, 7d avg −0.001%
=Together, before fees+0.110%+ Points / potential airdropStandX: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. StandX is 0.062% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of −0.001%). If the spread goes back, that is −$6 on $10k: about 2.1 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange BTCUSD | 86,648.7 | 0 | get 0.0000% / 1h | 33m 21s | $363K | $2.4M | 50x |
| Short | StandX BTC-USD | 86,593.6 | 0.0100 | get 0.0013% / 1h | 33m 21s | $30.8M | $205.3M | 40x |
01 Exchange BTCUSD
StandX BTC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX 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: −0.064% → −0.001%
- −$6.22
- Slippage, 4 orders
- −$5.3
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$5.52
- Costs to cover
- 0.203%
- Break-even
- 8.8 days
Slippage from 01 Exchange: live order book, 1 min ago; StandX: 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 01 Exchange live order book, 1 min ago | 0.01 bp | 5.5 bp −$5 | 8.6 bp −$86 | doesn't fit | doesn't fit |
| Sell StandX live order book, 1 min ago | 1.21 bp | 5.5 bp −$5 | 6.3 bp −$63 | 7.3 bp −$734 | 9.3 bp −$4,653 |
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 | −0.0230% | 1h | 86,618.2 | −0.035% | $85K | $188K | 20x | as long as short |
| Perpl BTC | −0.0223% | 43m | 86,644.6 | −0.005% | $428K | $24.9M | 6.7x | as long as short |
| Phoenix BTC | −0.0103% | 1h | 86,539 | −0.127% | $2.2M | $12.4M | 40x | as long as short |
| dYdX BTC-USD | −0.0083% | 1h | 86,671.7 | +0.027% | $17.6M | $20.5M | 50x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,624 | −0.029% | $9K | $3K | 50x | as long as short |
| 01 Exchange BTCUSDlong | 0.0000% | 1h | 86,648.7 | long leg | $363K | $2.4M | 50x | |
| Deribit BTC-PERPETUAL | 0.0000% | 1h | 86,654.7 | +0.007% | $935.6M | $1.44B | 50x | as long as short |
| KuCoin XBTUSDTM | +0.0001% | 8h | 86,623.7 | −0.029% | $844.2M | $704.7M | 125x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 86,645.9 | −0.003% | $37.0M | — | 200x | as long as short |
| Aster BTCUSDT | +0.0009% | 8h | 86,621.9 | −0.031% | $505.8M | $1.16B | 200x | as long as short |
Aftermath Perps BTCUSD
Perpl BTC
Phoenix BTC
dYdX BTC-USD
Hotstuff BTC-PERP
Deribit BTC-PERPETUAL
KuCoin XBTUSDTM
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 | 86,617.5 | −0.036% | $6.7M | $144.3M | 40x | as long as short |
| BingX BTC-USDC | +0.0022% | 8h | 86,613.8 | −0.040% | — | $15.2M | — | as long as short |
| Phemex BTCUSDT | +0.0023% | 8h | 86,610.1 | −0.045% | $149.5M | $471.2M | 150x | as long as short |
| Bitget BTCUSDT | +0.0030% | 8h | 86,624.9 | −0.027% | $2.95B | $5.07B | 150x | as long as short |
| Aevo BTC-PERP | +0.0048% | 1h | 86,627.1 | −0.025% | $2.4M | $1.3M | 20x | as long as short |
| Injective BTC/USDC PERP | +0.0049% | 1h | 86,639 | −0.011% | $315K | $26.8M | 52x | as long as short |
| MEXC BTC_USDT | +0.0052% | 8h | 86,623.3 | −0.029% | $5.19B | $5.67B | 500x | as long as short |
| Binance BTCUSDT | +0.0053% | 8h | 86,620.5 | −0.033% | $9.44B | $24.31B | 150x | as long as short |
| RISEx BTC/USDC | +0.0063% | 1h | 86,636.8 | −0.014% | $9.2M | $42.0M | 25x | as long as short |
| OKX BTC-USDT-SWAP | +0.0072% | 8h | 86,631.1 | −0.020% | $2.56B | $12.70B | 100x | as long as short |
| Gate BTC_USDT | +0.0073% | 8h | 86,626.5 | −0.026% | $5.86B | $10.63B | 200x | as long as short |
| Bybit BTCUSDT | +0.0082% | 8h | 86,624.6 | −0.028% | $5.27B | $9.67B | 150x | as long as short |
| Variational Omni BTC | +0.0092% | 8h | 86,584.3 | −0.074% | $160.0M | $567.1M | — | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,643.1 | −0.006% | $172.1M | $1.01B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,648.1 | −0.001% | $24.0M | $153.5M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,621 | −0.032% | $8.5M | $52.2M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,615 | −0.039% | $194K | $6.8M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,680.4 | +0.037% | $4.8M | $8.2M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,626 | −0.026% | $21.6M | $235.4M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,698 | +0.057% | $3.82B | $5.12B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,661 | +0.014% | $41.3M | $490.3M | 50x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,637 | −0.014% | $3.9M | $18.6M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,689.3 | +0.047% | $7.5M | $93.6M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,606.9 | −0.048% | $571.9M | $22.8M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,613.2 | −0.041% | $38.1M | $148.4M | 75x | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,587.1 | −0.071% | $279.7M | $950.3M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,619.4 | −0.034% | $217.4M | $187.8M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,686.6 | +0.044% | $141.7M | $322.9M | 100x | as long as short |
| StandX BTC-USDshort | +0.0100% | 1h | 86,593.6 | −0.064% | $30.8M | $205.3M | 40x | |
| Vest BTC-PERP | +0.0100% | 1h | 86,683.5 | +0.040% | — | $11.6M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,632 | −0.019% | $11.1M | $13.7M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,624.6 | −0.028% | $195K | $3.4M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,642.7 | −0.007% | $2.5M | $8.5M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 86,647 | −0.002% | $141K | $619K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,632.2 | −0.019% | $30.0M | $61.6M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,628.9 | −0.023% | $3.4M | $5.5M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 86,620 | −0.033% | $60.5M | $336.5M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 86,657.7 | +0.010% | $2.30B | $957.2M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,609.1 | −0.046% | $46.4M | $227.9M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,645.3 | −0.004% | — | $98.4M | 500x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0116% | 1h | 86,657.7 | +0.010% | $188.8M | $930.8M | 100x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0120% | 1h | 86,656 | +0.008% | $132.0M | $5.86B | 50x | as long as short |
| Kalshi KXBTCPERP | +0.0123% | 8h | 86,669 | +0.023% | $9.0M | $723.4M | 6.4x | as long as short |
| BloFin BTC-USDT | +0.0172% | 8h | 86,606.7 | −0.048% | $416.8M | $650.6M | 150x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0178% / S −0.0185% | 1h | 86,638.2 | −0.012% | $14.9M | — | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.0224% | 1h | 86,648.5 | 0.000% | $614K | $7.1M | 30x | as long as short |
Reya BTCRUSDPERP
BingX BTC-USDC
Phemex BTCUSDT
Bitget BTCUSDT
Aevo BTC-PERP
Injective BTC/USDC PERP
MEXC BTC_USDT
Binance BTCUSDT
RISEx BTC/USDC
OKX BTC-USDT-SWAP
Gate BTC_USDT
Bybit BTCUSDT
Variational Omni BTC
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Nado BTC-PERP
Hyperliquid BTC
Pacifica BTC
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk 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
Coinbase International BTC-PERP-INTX
Kalshi KXBTCPERP
BloFin BTC-USDT
GMX BTC/USD [WBTC.b-USDC]
Hibachi BTC/USDT-P