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

BTC

all BTC markets
SwapPrice view
Alert
Funding spread now, next payment 19:00 UTC+0.0026%/8h
next payment, per $10,000+$0.03paid, last 24h+0.008%paid, last 3 days−0.087%to open and close $10k−$21
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BTCUSDT85,950.60.0074pay 0.0009% / 1h12m 34s$139.9M$320.3M100x
ShortBullet BTC-USD85,924.90.0100get 0.0013% / 1h12m 34s$232K$3.3M20x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$5.44
Slippage, 4 orders
−$3.47
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$16.02
Break-even
27.6 days
Slippage from ApeX Omni: live order book, 3 min ago; Bullet: live order book, 3 min ago.

Price risk

price view
Price gap now
−0.030%
Avg gap 7d
0.000%
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 ApeX Omni live order book, 3 min ago0.99 bp6.0 bp −$66.0 bp −$606.3 bp −$62736.4 bp −$18.2K
Sell Bullet live order book, 3 min ago0.12 bp4.8 bp −$58.2 bp −$82doesn't fitdoesn't fit

BTC on 55 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Perpl BTC−0.0447%43m$402K$26.0M6.7xas long as short
Arcus BTC-USD−0.0299%1h$6.7M$86.4M40xas long as short
BloFin BTC-USDT−0.0092%8h$424.2M$568.8M150xas 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$2.3M50xas long as short
Kraken Futures PF_XBTUSD−0.0019%1h$189.1M$819.6M100xas long as short
Reya BTCRUSDPERP−0.0015%1h$6.8M$138.4M40xas long as short
SoDEX BTC-USD−0.0014%1h$60.9M$285.7M40xas long as short
KuCoin XBTUSDTM−0.0011%8h$807.3M$623.3M125xas long as short
Show all 55 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Aftermath Perps BTCUSD−0.0011%1h$87K$157K20xas long as short
dYdX BTC-USD−0.0007%1h$17.1M$17.7M50xas long as short
Injective BTC/USDC PERP−0.0006%1h$308K$27.0M52xas long as short
Kalshi KXBTCPERP0.0000%8h$11.9M$660.4M6.4xas long as short
Bitget BTCUSDT+0.0002%8h$2.96B$4.69B150xas long as short
BingX BTC-USDC+0.0002%8h$14.4Mas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h$36.7M200xas long as short
Bulk BTC-USD+0.0007%1h$563.6M$124.3M40xas long as short
Aster BTCUSDT+0.0016%8h$506.3M$1.10B200xas long as short
Phemex BTCUSDT+0.0017%8h$153.8M$427.0M150xas long as short
Aevo BTC-PERP+0.0024%1h$2.4M$1.3M20xas long as short
MEXC BTC_USDT+0.0028%8h$5.14B$5.14B500xas long as short
Binance BTCUSDT+0.0029%8h$9.50B$22.22B150xas long as short
RISEx BTC/USDC+0.0031%1h$9.3M$38.7M25xas long as short
OKX BTC-USDT-SWAP+0.0035%8h$2.67B$11.60B100xas long as short
Popdex BTCUSDT+0.0040%1h$8.5M$46.4M100xas long as short
HTX BTC-USDT+0.0045%8h$2.29B$858.2M200xas long as short
Gate BTC_USDT+0.0048%8h$6.07B$9.69B200xas long as short
Bybit BTCUSDT+0.0050%8h$5.28B$8.70B150xas long as short
Hibachi BTC/USDT-P+0.0072%1h$748K$6.5M30xas long as short
ApeX Omni BTCUSDTlong+0.0074%1h$139.9M$320.3M100x
Variational Omni BTC+0.0074%8h$169.4M$507.6Mas long as short
Orderly PERP_BTC_USDC+0.0091%8h$2.4M$7.4M100xas long as short
Lighter BTC+0.0096%1h$172.1M$954.9M50xas long as short
Lighter RH BTC+0.0096%1h$24.5M$139.1M50xas long as short
Extended BTC-USD+0.0096%1h$48.4M$201.4M50xas long as short
Paradex BTC-USD-PERP+0.0099%8h$4.4M$6.9M50xas long as short
Katana Perps BTC-USD+0.0100%8h$207K$5.9M50xas long as short
Nado BTC-PERP+0.0100%1h$23.0M$227.4M50xas long as short
Pacifica BTC+0.0100%1h$36.5M$424.4M50xas 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$37.5M$135.0M75xas long as short
edgeX BTCUSDC+0.0100%4h$280.8M$884.1M100xas long as short
StandX BTC-USD+0.0100%1h$30.7M$210.1M40xas long as short
Vest BTC-PERP+0.0100%1h$11.5M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h$10.9M$12.4M50xas long as short
Bullet BTC-USDshort+0.0100%1h$232K$3.3M20x
Bluefin BTC-PERP+0.0100%1h$144K$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$5.7M100xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h$83.3M500xas long as short
Hyperliquid BTC+0.0141%1h$3.96B$4.51B40xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0175% / S −0.0177%1h$13.7M200xas long as short
Coinbase International BTC-PERP-INTX+0.0200%1h$129.4M$5.84B50xas long as short
Deribit BTC-PERPETUAL+0.0218%1h$917.4M$1.12B50xas long as short