Funding you earn now, next payment 01:38 UTC+0.0279%/8h= +30.5% APRpaid last 24h −0.060%
Price spread now: Perpl against Aftermath Perps−0.013%7-day average −0.011% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.022%+$2 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.013%, 7d avg −0.011%
=Together, before fees+0.050%+ Points / potential airdropPerpl: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.022% in total (about 2.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps BTCUSD | 85,749.8 | 0.0168 | pay 0.0021% / 1h | 21m 19s | $78K | $219K | 20x |
| Short | Perpl BTC | 85,739 | 0.0447 | get 0.0040% / 43m | 26m 19s | $513K | $20.6M | 6.7x |
Aftermath Perps BTCUSD
Perpl BTCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl against Aftermath Perps. 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
- $58.56
- Price spread: −0.013% → −0.011%
- −$0.18
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- $35.58
- Costs to cover
- 0.228%
- Break-even
- 2.7 days
Slippage unknown: Aftermath Perps: live order book, 48 min ago; Perpl: no order-book sample. Net counts fees only.
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 Aftermath Perps live order book, 48 min ago | 1.00 bp | 9.7 bp −$10 | 14.6 bp −$146 | doesn't fit | doesn't fit |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BTC on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0144% | 1h | 85,785 | +0.041% | $2.2M | $10.5M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,717 | −0.038% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0064% | 1h | 85,698.4 | −0.060% | $364K | $2.3M | 50x | as long as short |
| dYdX BTC-USD | +0.0002% | 1h | 85,743.4 | −0.008% | $16.8M | $21.0M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,713.9 | −0.042% | $36.7M | — | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0020% | 1h | 85,691 | −0.069% | $340K | $26.9M | 52x | as long as short |
| KuCoin XBTUSDTM | +0.0031% | 8h | 85,705.8 | −0.051% | $901.7M | $754.3M | 125x | as long as short |
| Aster BTCUSDT | +0.0038% | 8h | 85,708.6 | −0.048% | $516.3M | $1.14B | 200x | as long as short |
| RISEx BTC/USDC | +0.0044% | 1h | 85,729.6 | −0.024% | $8.2M | $42.0M | 25x | as long as short |
| Nado BTC-PERP | +0.0051% | 1h | 85,710.1 | −0.046% | $22.6M | $227.4M | 50x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
Injective BTC/USDC PERP
KuCoin XBTUSDTM
Aster BTCUSDT
RISEx BTC/USDC
Nado BTC-PERPShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BTC-USDC | +0.0055% | 8h | 85,683.3 | −0.078% | — | $17.1M | — | as long as short |
| Reya BTCRUSDPERP | +0.0058% | 1h | 85,714.6 | −0.041% | $6.7M | $146.3M | 40x | as long as short |
| Bitget BTCUSDT | +0.0070% | 8h | 85,691.1 | −0.068% | $2.95B | $5.08B | 150x | as long as short |
| HTX BTC-USDT | +0.0083% | 8h | 85,768.7 | +0.022% | $2.27B | $947.1M | 200x | as long as short |
| MEXC BTC_USDT | +0.0093% | 8h | 85,705.1 | −0.052% | $5.06B | $5.73B | 500x | as long as short |
| ApeX Omni BTCUSDT | +0.0094% | 1h | 85,762.3 | +0.015% | $140.2M | $318.2M | 100x | as long as short |
| Binance BTCUSDT | +0.0095% | 8h | 85,702.7 | −0.055% | $9.33B | $24.29B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,717 | −0.038% | $170.3M | $991.0M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,724.9 | −0.029% | $23.5M | $147.5M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,711 | −0.045% | $8.4M | $51.9M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,691.6 | −0.068% | $2.5M | $1.8M | 20x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,682 | −0.079% | $202K | $7.5M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,681.6 | −0.080% | $3.8M | $8.4M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,784 | +0.040% | $3.76B | $4.97B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,745 | −0.006% | $40.3M | $571.4M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,708.7 | −0.048% | $5.30B | $9.74B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,700 | −0.058% | $2.54B | $12.35B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,707 | −0.050% | $3.9M | $18.3M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,677.9 | −0.084% | $7.2M | $97.8M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,744.8 | −0.006% | $590.5M | $195.3M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,716.8 | −0.039% | $5.60B | $10.55B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,751.5 | +0.002% | $35.3M | $164.9M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,799.4 | +0.058% | $156.6M | $556.2M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,744.1 | −0.007% | $278.8M | $940.3M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,761.2 | +0.013% | $215.2M | $166.3M | 50x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,792 | +0.049% | $30.3M | $208.7M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,786 | +0.042% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,718 | −0.037% | $11.0M | $14.3M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,708 | −0.049% | $187K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,695.3 | −0.064% | $2.4M | $9.0M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,730 | −0.023% | $186K | $708K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,698.3 | −0.060% | $30.0M | $56.2M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,722 | −0.032% | $2.9M | $6.6M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,765 | +0.018% | $60.0M | $337.2M | 40x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,760.5 | +0.012% | $154.3M | $480.4M | 150x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,677.2 | −0.085% | $44.1M | $227.8M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,710.6 | −0.046% | — | $101.5M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,790.3 | +0.047% | $131.2M | $5.15B | 50x | as long as short |
| Deribit BTC-PERPETUAL | +0.0125% | 1h | 85,815.3 | +0.076% | $894.7M | $1.54B | 50x | as long as short |
| Hibachi BTC/USDT-P | +0.0136% | 1h | 85,824.4 | +0.087% | $697K | $7.8M | 30x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0146% | 1h | 85,774.9 | +0.029% | $188.5M | $963.1M | 100x | as long as short |
| Aftermath Perps BTCUSDlong | +0.0168% | 1h | 85,749.8 | long leg | $78K | $219K | 20x | |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0203% / S −0.0189% | 1h | 85,714.5 | −0.041% | $13.5M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0212% | 8h | 85,813 | +0.074% | $10.0M | $769.9M | 6.4x | as long as short |
| Perpl BTCshort | +0.0447% | 43m | 85,739 | −0.013% | $513K | $20.6M | 6.7x |
BingX BTC-USDC
Reya BTCRUSDPERP
Bitget BTCUSDT
HTX BTC-USDT
MEXC BTC_USDT
ApeX Omni BTCUSDT
Binance BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Aevo BTC-PERP
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Gate 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
Phemex BTCUSDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Deribit BTC-PERPETUAL
Hibachi BTC/USDT-P
Kraken Futures PF_XBTUSD
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP