data as of
Settings8H · net · $10k
Funding arb /

BTC

all BTC markets
SwapPrice view
Alert
Funding spread now, next payment 19:00 UTC−0.0022%/8h
next payment, per $10,000$0.03paid, last 24h+0.006%paid, last 3 days−0.055%to open and close $10k−$27
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo BTC-PERP85,882.60.0032pay 0.0004% / 1h31m 03s$2.4M$1.3M20x
ShortBulk BTC-USD85,890.40.0010get 0.0001% / 1h31m 03s$563.2M$127.1M40x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$4.69
Slippage, 4 orders
−$3.97
Fee Aevo: 8 bp × 2 orders
−$16
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$31.67
Break-even
never at this rate
Slippage from Aevo: live order book, 5 min ago; Bulk: live order book, 5 min ago.

Price risk

price view
Price gap now
+0.009%
Avg gap 7d
+0.020%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo live order book, 5 min ago0.61 bp9.9 bp −$1011.3 bp −$11315.8 bp −$1,578doesn't fit
Sell Bulk live order book, 5 min ago0.01 bp3.5 bp −$43.5 bp −$353.5 bp −$3514.1 bp −$2,027

BTC on 55 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Perpl BTC−0.0447%43m$402K$26.2M6.7xas long as short
Arcus BTC-USD−0.0299%1h$6.7M$86.2M40xas long as short
BloFin BTC-USDT−0.0089%8h$422.6M$567.5M150xas long as short
Phoenix BTC−0.0082%1h$2.0M$11.0M40xas long as short
Hotstuff BTC-PERP−0.0080%1h$9K$4K50xas long as short
01 Exchange BTCUSD−0.0048%1h$311K$2.4M50xas long as short
Kraken Futures PF_XBTUSD−0.0019%1h$189.0M$818.1M100xas long as short
Reya BTCRUSDPERP−0.0017%1h$6.7M$138.4M40xas long as short
SoDEX BTC-USD−0.0008%1h$60.9M$285.3M40xas long as short
KuCoin XBTUSDTM−0.0007%8h$806.5M$620.5M125xas long as short
Show all 55 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective BTC/USDC PERP−0.0006%1h$309K$27.0M52xas long as short
dYdX BTC-USD−0.0001%1h$17.2M$17.7M50xas long as short
Kalshi KXBTCPERP0.0000%8h$11.7M$655.6M6.4xas long as short
Bitget BTCUSDT+0.0002%8h$2.96B$4.68B150xas long as short
BingX BTC-USDT+0.0002%8h$1.37Bas long as short
Aftermath Perps BTCUSD+0.0003%1h$87K$157K20xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h$36.7M200xas long as short
ApeX Omni BTCUSDT+0.0009%1h$140.1M$320.3M100xas long as short
Bulk BTC-USDshort+0.0010%1h$563.2M$127.1M40x
Phemex BTCUSDT+0.0017%8h$151.6M$424.5M150xas long as short
Aster BTCUSDT+0.0017%8h$506.2M$1.10B200xas long as short
OKX BTC-USDT-SWAP+0.0029%8h$2.67B$11.59B100xas long as short
MEXC BTC_USDT+0.0030%8h$5.15B$5.12B500xas long as short
Binance BTCUSDT+0.0031%8h$9.50B$22.12B150xas long as short
Gate BTC_USDT+0.0031%8h$6.06B$9.64B200xas long as short
RISEx BTC/USDC+0.0031%1h$9.1M$38.8M25xas long as short
Aevo BTC-PERPlong+0.0032%1h$2.4M$1.3M20x
Bybit BTCUSDT+0.0035%8h$5.28B$8.67B150xas long as short
Popdex BTCUSDT+0.0048%1h$8.5M$46.3M100xas long as short
HTX BTC-USDT+0.0060%8h$2.29B$848.0M200xas long as short
Variational Omni BTC+0.0075%8h$171.2M$505.6Mas long as short
Extended BTC-USD+0.0088%1h$48.6M$200.5M50xas long as short
Hibachi BTC/USDT-P+0.0088%1h$753K$6.5M30xas long as short
Lighter BTC+0.0096%1h$172.0M$950.1M50xas long as short
Lighter RH BTC+0.0096%1h$24.4M$138.1M50xas long as short
Orderly PERP_BTC_USDC+0.0097%8h$2.4M$7.4M100xas long as short
Paradex BTC-USD-PERP+0.0099%8h$4.4M$6.9M50xas long as short
Katana Perps BTC-USD+0.0100%8h$192K$5.9M50xas long as short
Nado BTC-PERP+0.0100%1h$23.1M$227.0M50xas long as short
Pacifica BTC+0.0100%1h$36.8M$416.1M50xas long as short
Ondo Perps BTC-USD.P+0.0100%1h$4.0M$17.4M25xas long as short
Backpack BTC_USDC_PERP+0.0100%1h$37.6M$134.6M75xas long as short
edgeX BTCUSDC+0.0100%4h$280.7M$885.1M100xas long as short
StandX BTC-USD+0.0100%1h$30.7M$214.9M40xas long as short
Vest BTC-PERP+0.0100%1h$11.5M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h$11.0M$12.3M50xas long as short
Bullet BTC-USD+0.0100%1h$232K$3.3M20xas long as short
Bluefin BTC-PERP+0.0100%1h$143K$411K40xas long as short
Derive BTC-PERP+0.0100%1h$30.4M$58.9M15xas long as short
SunX BTC-USDT+0.0100%8h$3.4M$5.8M100xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h$83.8M500xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0172% / S −0.0153%1h$12.7M200xas long as short
Hyperliquid BTC+0.0175%1h$3.96B$4.49B40xas long as short
Deribit BTC-PERPETUAL+0.0190%1h$915.8M$1.11B50xas long as short
Coinbase International BTC-PERP-INTX+0.0200%1h$129.9M$5.84B50xas long as short