Funding you earn now, next payment 08:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.006%
Price spread now: Extended against Aevo+0.007%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$240.243% of the position
Funding, last 7 days+0.057%+$6 on $10k
+Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.007%, 7d avg −0.016%
=Together, before fees+0.049%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.023% dearer against Aevo than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo BTC-PERP | 85,199.2 | 0.0096 | pay 0.0012% / 1h | 19m 39s | $2.4M | $6.7M | 20x |
| Short | Extended BTC-USD | 85,205.2 | 0.0104 | get 0.0013% / 1h | 19m 39s | $45.4M | $241.2M | 50x |
Aevo BTC-PERP
Extended BTC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $1.68
- Price spread: +0.007% → −0.016%
- $2.3
- Slippage, 4 orders
- −$3.26
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$20.29
- Costs to cover
- 0.243%
- Break-even
- 91.5 days
Slippage from Aevo: live order book, 5 min ago; Extended: live order book, 5 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, 5 min ago | 0.72 bp | 9.7 bp −$10 | 10.4 bp −$104 | 12.7 bp −$1,268 | doesn't fit |
| Sell Extended live order book, 5 min ago | 0.06 bp | 2.6 bp −$3 | 2.6 bp −$26 | 3.6 bp −$362 | 9.8 bp −$4,924 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,215 | +0.019% | $8K | $3K | 50x | as long as short |
| Phoenix BTC | −0.0034% | 1h | 85,189 | −0.012% | $2.3M | $10.8M | 40x | as long as short |
| BloFin BTC-USDT | −0.0020% | 8h | 85,150.1 | −0.058% | $421.9M | $685.2M | 150x | as long as short |
| KuCoin XBTUSDTM | −0.0016% | 8h | 85,215.8 | +0.019% | $927.1M | $777.8M | 125x | as long as short |
| Aster BTCUSDT | 0.0000% | 8h | 85,214.2 | +0.018% | $509.1M | $1.08B | 200x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 85,250 | +0.060% | $343K | $2.3M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,226.6 | +0.032% | $36.4M | — | 200x | as long as short |
| dYdX BTC-USD | +0.0009% | 1h | 85,231.4 | +0.038% | $16.7M | $21.0M | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0026% | 1h | 85,226.5 | +0.032% | $185.7M | $955.6M | 100x | as long as short |
| ApeX Omni BTCUSDT | +0.0058% | 1h | 85,166 | −0.039% | $139.5M | $312.5M | 100x | as long as short |
Hotstuff BTC-PERP
Phoenix BTC
BloFin BTC-USDT
KuCoin XBTUSDTM
Aster BTCUSDT
01 Exchange BTCUSD
gTrade (Gains Network) BTC/USD
dYdX BTC-USD
Kraken Futures PF_XBTUSD
ApeX Omni BTCUSDTShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BTC-USDT | +0.0064% | 8h | 85,227.6 | +0.033% | — | $1.58B | — | as long as short |
| Injective BTC/USDC PERP | +0.0067% | 1h | 85,181 | −0.021% | $302K | $25.3M | 52x | as long as short |
| Bybit BTCUSDT | +0.0080% | 8h | 85,220.3 | +0.025% | $5.10B | $10.03B | 150x | as long as short |
| Nado BTC-PERP | +0.0086% | 1h | 85,173.5 | −0.030% | $24.0M | $220.8M | 50x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,232.5 | +0.039% | $168.4M | $1.02B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,235.8 | +0.043% | $23.6M | $148.7M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,247 | +0.056% | $8.4M | $57.7M | 100x | as long as short |
| Bitget BTCUSDT | +0.0096% | 8h | 85,227.7 | +0.033% | $2.97B | $5.21B | 150x | as long as short |
| Aevo BTC-PERPlong | +0.0096% | 1h | 85,199.2 | long leg | $2.4M | $6.7M | 20x | |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,211 | +0.014% | $269K | $8.7M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,259.8 | +0.071% | $5.8M | $9.6M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,300 | +0.118% | $3.75B | $5.08B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,241.5 | +0.050% | $40.3M | $604.7M | 50x | as long as short |
| Binance BTCUSDT | +0.0100% | 8h | 85,225.6 | +0.031% | $9.38B | $25.15B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,229.5 | +0.036% | $2.60B | $12.27B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,221 | +0.026% | $3.8M | $17.4M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,246.8 | +0.056% | $4.7M | $97.4M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,239.7 | +0.048% | $5.48B | $11.13B | 200x | as long as short |
| MEXC BTC_USDT | +0.0100% | 8h | 85,230 | +0.036% | $5.03B | $5.77B | 500x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,216.9 | +0.021% | $36.7M | $188.6M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,136.5 | −0.074% | $156.2M | $549.1M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,142.9 | −0.066% | $282.3M | $957.0M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,184 | −0.018% | $213.9M | $159.1M | 50x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,160.1 | −0.046% | $30.0M | $212.2M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,253.1 | +0.063% | — | $10.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,204 | +0.006% | $10.9M | $14.9M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,206 | +0.008% | $197K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,207.5 | +0.010% | $2.6M | $9.8M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,241.4 | +0.050% | $194K | $796K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,139.1 | −0.071% | $29.5M | $45.3M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,176.7 | −0.026% | $2.9M | $6.1M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,211 | +0.014% | $59.7M | $336.6M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,200.6 | +0.002% | $2.25B | $973.7M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,212 | +0.015% | $159.0M | $516.2M | 150x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,240 | +0.048% | $693.3M | $214.1M | 40x | as long as short |
| Extended BTC-USDshort | +0.0104% | 1h | 85,205.2 | +0.007% | $45.4M | $241.2M | 50x | |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,207.7 | +0.010% | — | $106.7M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,242 | +0.050% | $111.7M | $5.48B | 50x | as long as short |
| Reya BTCRUSDPERP | +0.0141% | 1h | 85,184.1 | −0.018% | $6.6M | $143.4M | 40x | as long as short |
| Deribit BTC-PERPETUAL | +0.0149% | 1h | 85,246.4 | +0.055% | $840.2M | $1.67B | 50x | as long as short |
| Kalshi KXBTCPERP | +0.0170% | 8h | 85,202 | +0.003% | $12.2M | $737.4M | 6.4x | as long as short |
| RISEx BTC/USDC | +0.0174% | 1h | 85,258.2 | +0.069% | $8.8M | $42.9M | 25x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0174% / S −0.0147% | 1h | 85,225.7 | +0.031% | $13.0M | — | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.0240% | 1h | 85,205.5 | +0.007% | $678K | $7.7M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0289% | 1h | 85,228.7 | +0.035% | $81K | $254K | 20x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,208.5 | +0.011% | $459K | $18.4M | 6.7x | as long as short |
BingX BTC-USDT
Injective BTC/USDC PERP
Bybit BTCUSDT
Nado BTC-PERP
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Bitget BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
Binance BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Gate BTC_USDT
MEXC BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
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
Phemex BTCUSDT
Bulk BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Reya BTCRUSDPERP
Deribit BTC-PERPETUAL
Kalshi KXBTCPERP
RISEx BTC/USDC
GMX BTC/USD [WBTC.b-USDC]
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD
Perpl BTC