Funding you earn now, next payment 01:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h −0.013%
Price spread now: edgeX against Aevo−0.009%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$290.293% of the position
Funding, last 7 days−0.180%−$18 on $10k
+Price spread, last 3 days (all we have)+0.022%+$2 · spread now −0.009%, 7d avg −0.006%
=Together, before fees−0.159%+ Points / potential airdropedgeX: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.180%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo BTC-PERP | 86,370 | 0.0080 | pay 0.0010% / 1h | 28m 33s | $2.5M | $1.7M | 20x |
| Short | edgeX BTCUSDC | 86,361.8 | 0.0100 | get 0.0050% / 4h | 3h 28m | $278.9M | $951.4M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Aevo. 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
- $4.2
- Price spread: −0.009% → −0.006%
- −$0.33
- Slippage, 4 orders
- −$4.3
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$25.42
- Costs to cover
- 0.293%
- Break-even
- 49.4 days
Slippage from Aevo: live order book, 1 min ago; edgeX: 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 Aevo live order book, 1 min ago | 1.99 bp | 10.3 bp −$10 | 11.2 bp −$112 | 13.2 bp −$1,324 | doesn't fit |
| Sell edgeX live order book, 1 min ago | 0.01 bp | 4.5 bp −$5 | 4.5 bp −$45 | 4.7 bp −$467 | 5.7 bp −$2,856 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin BTC-PERP | −0.0383% | 1h | 86,407 | +0.043% | $144K | $666K | 40x | as long as short |
| Phoenix BTC | −0.0129% | 1h | 86,403 | +0.038% | $2.2M | $11.2M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,444 | +0.086% | $9K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0032% | 1h | 86,413.5 | +0.050% | $361K | $2.4M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 86,374.4 | +0.005% | $482K | $21.5M | 6.7x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 86,395 | +0.029% | $36.9M | — | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0023% | 1h | 86,358 | −0.014% | $343K | $26.9M | 52x | as long as short |
| Aster BTCUSDT | +0.0024% | 8h | 86,443.6 | +0.085% | $501.3M | $1.14B | 200x | as long as short |
| dYdX BTC-USD | +0.0027% | 1h | 86,436 | +0.076% | $16.9M | $20.5M | 50x | as long as short |
| KuCoin XBTUSDTM | +0.0041% | 8h | 86,456.6 | +0.100% | $832.4M | $720.1M | 125x | as long as short |
Show all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya BTCRUSDPERP | +0.0045% | 1h | 86,415.3 | +0.053% | $6.7M | $145.7M | 40x | as long as short |
| BingX BTC-USDT | +0.0050% | 8h | 86,457.4 | +0.101% | — | $1.57B | — | as long as short |
| RISEx BTC/USDC | +0.0052% | 1h | 86,420 | +0.058% | $8.3M | $42.4M | 25x | as long as short |
| Deribit BTC-PERPETUAL | +0.0058% | 1h | 86,410.3 | +0.047% | $902.6M | $1.51B | 50x | as long as short |
| Bitget BTCUSDT | +0.0063% | 8h | 86,410.9 | +0.047% | $2.97B | $5.03B | 150x | as long as short |
| MEXC BTC_USDT | +0.0078% | 8h | 86,446.9 | +0.089% | $5.13B | $5.70B | 500x | as long as short |
| Binance BTCUSDT | +0.0079% | 8h | 86,418.3 | +0.056% | $9.42B | $24.30B | 150x | as long as short |
| Aevo BTC-PERPlong | +0.0080% | 1h | 86,370 | long leg | $2.5M | $1.7M | 20x | |
| Phemex BTCUSDT | +0.0082% | 8h | 86,374 | +0.005% | $154.4M | $473.4M | 150x | as long as short |
| HTX BTC-USDT | +0.0087% | 8h | 86,364.8 | −0.006% | $2.29B | $962.7M | 200x | as long as short |
| SoDEX BTC-USD | +0.0096% | 1h | 86,373 | +0.004% | $60.4M | $338.2M | 40x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,458.6 | +0.103% | $170.8M | $986.6M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,467.7 | +0.113% | $23.7M | $149.5M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,403 | +0.038% | $8.4M | $52.0M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,390 | +0.023% | $202K | $7.2M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,478.8 | +0.126% | $4.2M | $8.6M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,429.9 | +0.069% | $22.0M | $227.5M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,532 | +0.188% | $3.80B | $5.00B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,476.8 | +0.124% | $41.1M | $552.2M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 86,407 | +0.043% | $5.26B | $9.67B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,421 | +0.059% | $2.56B | $12.48B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,452 | +0.095% | $3.9M | $17.9M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,459.5 | +0.104% | $7.2M | $94.9M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 86,454.7 | +0.098% | $5.80B | $10.54B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,365.9 | −0.005% | $37.5M | $157.8M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,377.3 | +0.008% | $158.2M | $561.5M | — | as long as short |
| edgeX BTCUSDCshort | +0.0100% | 4h | 86,361.8 | −0.009% | $278.9M | $951.4M | 100x | |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,400.1 | +0.035% | $217.0M | $165.5M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,356.3 | −0.016% | $141.6M | $321.1M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,351.2 | −0.022% | $30.7M | $209.6M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,450.5 | +0.093% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,429 | +0.068% | $11.1M | $14.1M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,364.5 | −0.006% | $191K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,368.9 | −0.001% | $2.4M | $8.9M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,402.8 | +0.038% | $30.5M | $58.1M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,398.7 | +0.033% | $3.4M | $5.2M | 100x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,411.1 | +0.048% | $576.0M | $32.8M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,439.7 | +0.081% | $45.9M | $221.9M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,380.2 | +0.012% | — | $98.5M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0120% | 1h | 86,407.1 | +0.043% | $132.2M | $5.39B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0121% | 1h | 86,395.6 | +0.030% | $192.4M | $941.8M | 100x | as long as short |
| Aftermath Perps BTCUSD | +0.0166% | 1h | 86,396 | +0.030% | $77K | $217K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0168% | 1h | 86,399.8 | +0.035% | $710K | $7.9M | 30x | as long as short |
| BloFin BTC-USDT | +0.0198% | 8h | 86,365.3 | −0.005% | $415.9M | $645.9M | 150x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0205% / S −0.0219% | 1h | 86,381.5 | +0.013% | $14.5M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0209% | 8h | 86,407 | +0.043% | $10.2M | $763.5M | 6.4x | as long as short |
edgeX BTCUSDC
Bluefin BTC-PERP
Phoenix BTC
01 Exchange BTCUSD
gTrade (Gains Network) BTC/USD
Injective BTC/USDC PERP
Aster BTCUSDT
KuCoin XBTUSDTM
BingX BTC-USDT
RISEx BTC/USDC
Deribit BTC-PERPETUAL
Bitget BTCUSDT
MEXC BTC_USDT
Binance BTCUSDT
Phemex BTCUSDT
HTX BTC-USDT
SoDEX BTC-USD
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Gate BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Polymarket Perps BTC-USD
Bullet BTC-USD
Derive BTC-PERP
SunX BTC-USDT
Bulk BTC-USD
Extended BTC-USD
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
Aftermath Perps BTCUSD
BloFin BTC-USDT
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP