Funding you earn now, next payment 21:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h −0.002%
Price spread now: HTX against Aevo−0.056%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$330.326% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 3 days (all we have)+0.037%+$4 · spread now −0.056%, 7d avg +0.002%
=Funding pays, the price is against you. HTX is 0.058% cheaper against Aevo than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of +0.002%). If the spread goes back, that is −$6 on $10k: about 3.7 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo BTC-PERP | 87,352.7 | 0.0048 | pay 0.0006% / 1h | 31m 57s | $2.4M | $1.3M | 20x |
| Short | HTX BTC-USDT | 87,303.5 | 0.0100 | get 0.0100% / 8h | 3h 31m | $2.32B | $932.8M | 200x |
Aevo BTC-PERP
HTX BTC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $10.92
- Price spread: −0.056% → +0.002%
- −$5.82
- Slippage, 4 orders
- −$4.65
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$27.55
- Costs to cover
- 0.326%
- Break-even
- 24.7 days
Slippage from Aevo: live order book, 3 min ago; HTX: live order book, 3 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, 3 min ago | 0.95 bp | 10.2 bp −$10 | 11.9 bp −$119 | 22.0 bp −$2,196 | doesn't fit |
| Sell HTX live order book, 3 min ago | 0.01 bp | 6.0 bp −$6 | 6.0 bp −$60 | 7.7 bp −$769 | 10.5 bp −$5,243 |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX BTC-USD | −0.0137% | 1h | 87,306.5 | −0.053% | $18.3M | $19.7M | 50x | as long as short |
| Phoenix BTC | −0.0123% | 1h | 86,923 | −0.492% | $2.2M | $12.0M | 40x | as long as short |
| Perpl BTC | −0.0112% | 43m | 87,252.2 | −0.115% | $415K | $25.9M | 6.7x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 87,268 | −0.097% | $9K | $3K | 50x | as long as short |
| Aftermath Perps BTCUSD | −0.0037% | 1h | 86,966.3 | −0.442% | $87K | $180K | 20x | as long as short |
| 01 Exchange BTCUSD | −0.0024% | 1h | 87,243 | −0.126% | $295K | $2.4M | 50x | as long as short |
| ApeX Omni BTCUSDT | −0.0021% | 1h | 86,943.4 | −0.469% | $141.9M | $321.9M | 100x | as long as short |
| KuCoin XBTUSDTM | −0.0005% | 8h | 87,281.3 | −0.082% | $839.0M | $685.0M | 125x | as long as short |
| Phemex BTCUSDT | −0.0003% | 8h | 87,309.5 | −0.049% | $154.2M | $455.7M | 150x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 87,239.9 | −0.129% | $37.3M | — | 200x | as long as short |
dYdX BTC-USD
Phoenix BTC
Perpl BTC
Hotstuff BTC-PERP
Aftermath Perps BTCUSD
01 Exchange BTCUSD
ApeX Omni BTCUSDT
KuCoin XBTUSDTM
Phemex BTCUSDT
gTrade (Gains Network) BTC/USDShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BTC-USDC | +0.0010% | 8h | 87,264.7 | −0.101% | — | $15.2M | — | as long as short |
| RISEx BTC/USDC | +0.0010% | 1h | 87,245.6 | −0.123% | $8.7M | $40.8M | 25x | as long as short |
| Bitget BTCUSDT | +0.0013% | 8h | 87,262.1 | −0.104% | $2.98B | $5.04B | 150x | as long as short |
| Reya BTCRUSDPERP | +0.0016% | 1h | 87,205.7 | −0.168% | $7.0M | $141.8M | 40x | as long as short |
| Aster BTCUSDT | +0.0028% | 8h | 87,267.8 | −0.097% | $510.7M | $1.16B | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0035% | 1h | 86,952 | −0.459% | $328K | $26.9M | 52x | as long as short |
| OKX BTC-USDT-SWAP | +0.0036% | 8h | 87,284.9 | −0.078% | $2.63B | $12.63B | 100x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0041% | 1h | 87,378.8 | +0.030% | $198.8M | $914.1M | 100x | as long as short |
| MEXC BTC_USDT | +0.0044% | 8h | 87,290.1 | −0.072% | $5.18B | $5.51B | 500x | as long as short |
| Binance BTCUSDT | +0.0044% | 8h | 87,292.2 | −0.069% | $9.58B | $23.98B | 150x | as long as short |
| Aevo BTC-PERPlong | +0.0048% | 1h | 87,352.7 | long leg | $2.4M | $1.3M | 20x | |
| Gate BTC_USDT | +0.0061% | 8h | 87,278.9 | −0.084% | $5.96B | $10.43B | 200x | as long as short |
| SoDEX BTC-USD | +0.0066% | 1h | 87,323 | −0.034% | $61.6M | $312.0M | 40x | as long as short |
| Bybit BTCUSDT | +0.0078% | 8h | 87,267.5 | −0.097% | $5.35B | $9.55B | 150x | as long as short |
| Deribit BTC-PERPETUAL | +0.0085% | 1h | 87,381.4 | +0.033% | $933.4M | $1.32B | 50x | as long as short |
| Bulk BTC-USD | +0.0090% | 1h | 87,280.5 | −0.083% | $575.7M | $25.9M | 40x | as long as short |
| Orderly PERP_BTC_USDC | +0.0091% | 8h | 87,323.6 | −0.033% | $2.5M | $8.2M | 100x | as long as short |
| Variational Omni BTC | +0.0092% | 8h | 86,903.5 | −0.514% | $165.1M | $544.5M | — | as long as short |
| Lighter BTC | +0.0096% | 1h | 87,337.4 | −0.017% | $174.2M | $998.4M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 87,342 | −0.012% | $24.6M | $148.4M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 87,223 | −0.148% | $8.5M | $51.1M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0099% | 8h | 86,929.1 | −0.485% | $218.2M | $185.7M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0099% | 8h | 87,291.9 | −0.070% | $4.3M | $7.7M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 87,226 | −0.145% | $181K | $6.5M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 87,261.4 | −0.104% | $23.4M | $234.6M | 50x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 87,312.3 | −0.046% | $37.0M | $459.3M | 50x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 87,243 | −0.126% | $3.9M | $18.7M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 87,289.4 | −0.072% | $7.5M | $93.9M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 87,283.1 | −0.080% | $38.8M | $143.2M | 75x | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,936.3 | −0.477% | $285.6M | $916.8M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,875.9 | −0.546% | $30.8M | $206.1M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 87,246.3 | −0.122% | — | $11.6M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 87,230 | −0.140% | $11.1M | $13.6M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 87,224.7 | −0.146% | $240K | $3.4M | 20x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 87,296.6 | −0.064% | $161K | $574K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 87,329.1 | −0.027% | $30.2M | $60.6M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 87,341.9 | −0.012% | $3.5M | $5.7M | 100x | as long as short |
| HTX BTC-USDTshort | +0.0100% | 8h | 87,303.5 | −0.056% | $2.32B | $932.8M | 200x | |
| Extended BTC-USD | +0.0104% | 1h | 87,245.2 | −0.123% | $46.8M | $227.6M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 87,135.9 | −0.248% | — | $89.0M | 500x | as long as short |
| Kalshi KXBTCPERP | +0.0111% | 8h | 87,291 | −0.071% | $9.5M | $714.3M | 6.4x | as long as short |
| Hibachi BTC/USDT-P | +0.0112% | 1h | 86,949.1 | −0.462% | $602K | $6.8M | 30x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0136% | 1h | 87,397 | +0.051% | $132.3M | $5.99B | 50x | as long as short |
| BloFin BTC-USDT | +0.0165% | 8h | 86,924.3 | −0.490% | $422.5M | $630.4M | 150x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0177% / S −0.0193% | 1h | 87,235.4 | −0.134% | $13.9M | — | 200x | as long as short |
| Hyperliquid BTC | +0.0267% | 1h | 87,388 | +0.040% | $4.04B | $4.92B | 40x | as long as short |
BingX BTC-USDC
RISEx BTC/USDC
Bitget BTCUSDT
Reya BTCRUSDPERP
Aster BTCUSDT
Injective BTC/USDC PERP
OKX BTC-USDT-SWAP
Kraken Futures PF_XBTUSD
MEXC BTC_USDT
Binance BTCUSDT
Gate BTC_USDT
SoDEX BTC-USD
Bybit BTCUSDT
Deribit BTC-PERPETUAL
Bulk BTC-USD
Orderly PERP_BTC_USDC
Variational Omni BTC
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
GRVT BTC_USDT_Perp
Paradex BTC-USD-PERP
Katana Perps BTC-USD
Nado BTC-PERP
Pacifica BTC
Ondo Perps BTC-USD.P
Arcus BTC-USD
Backpack BTC_USDC_PERP
edgeX BTCUSDC
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Bluefin BTC-PERP
Derive BTC-PERP
SunX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Kalshi KXBTCPERP
Hibachi BTC/USDT-P
Coinbase International BTC-PERP-INTX
BloFin BTC-USDT
GMX BTC/USD [WBTC.b-USDC]
Hyperliquid BTC