Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.010%
Price spread now: Paradex against Arcus+0.036%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$5as in the Price arb table
costs, in and out, $10k−$110.106% of the position
Funding, last 3 days (all we have)+0.017%+$2 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now +0.036%, 7d avg −0.023%
=Together, before fees−0.001%+ Points / potential airdropParadex: Active · farm board$0 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: Paradex is 0.059% dearer against Arcus than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BTC-USD | 86,134.1 | 0.0100 | pay 0.0013% / 1h | 4m 27s | $7.3M | $95.2M | 40x |
| Short | Paradex BTC-USD-PERP | 86,165 | 0.0100 | get 0.0100% / 8h | 7h 04m | $4.2M | $8.5M | 50x |
Arcus BTC-USD
Paradex BTC-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Arcus. 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
- $0
- Price spread: +0.036% → −0.023%
- $5.89
- Slippage, 4 orders
- −$2.09
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$4.7
- Costs to cover
- 0.106%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 5 min ago; Paradex: 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 Arcus live order book, 5 min ago | 0.01 bp | 2.3 bp −$2 | 2.7 bp −$27 | 4.9 bp −$488 | doesn't fit |
| Sell Paradex live order book, 5 min ago | 0.59 bp | 3.1 bp −$3 | 3.1 bp −$31 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0129% | 1h | 86,215 | +0.094% | $2.2M | $11.2M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,129 | −0.006% | $9K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0048% | 1h | 86,111.1 | −0.027% | $363K | $2.3M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 86,144.7 | +0.012% | $518K | $21.2M | 6.7x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 86,126.9 | −0.008% | $36.8M | — | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0023% | 1h | 86,365 | +0.268% | $343K | $26.9M | 52x | as long as short |
| dYdX BTC-USD | +0.0023% | 1h | 86,108.9 | −0.029% | $16.9M | $20.5M | 50x | as long as short |
| Aster BTCUSDT | +0.0031% | 8h | 86,105.9 | −0.033% | $499.2M | $1.13B | 200x | as long as short |
| KuCoin XBTUSDTM | +0.0044% | 8h | 86,107.6 | −0.031% | $827.6M | $715.8M | 125x | as long as short |
| Reya BTCRUSDPERP | +0.0050% | 1h | 86,101.2 | −0.038% | $6.7M | $145.8M | 40x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
Perpl BTC
gTrade (Gains Network) BTC/USD
Injective BTC/USDC PERP
dYdX BTC-USD
Aster BTCUSDT
KuCoin XBTUSDTM
Reya BTCRUSDPERPShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx BTC/USDC | +0.0052% | 1h | 86,122.8 | −0.013% | $8.2M | $42.4M | 25x | as long as short |
| BingX BTC-USDC | +0.0053% | 8h | 86,100.2 | −0.039% | — | $15.3M | — | as long as short |
| HTX BTC-USDT | +0.0059% | 8h | 86,059 | −0.087% | $2.28B | $957.9M | 200x | as long as short |
| Bitget BTCUSDT | +0.0066% | 8h | 86,108.4 | −0.030% | $2.96B | $5.06B | 150x | as long as short |
| SoDEX BTC-USD | +0.0070% | 1h | 86,076 | −0.067% | $60.3M | $338.3M | 40x | as long as short |
| Bluefin BTC-PERP | +0.0076% | 1h | 86,106.8 | −0.032% | $144K | $666K | 40x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 86,066.4 | −0.079% | $2.5M | $1.8M | 20x | as long as short |
| Binance BTCUSDT | +0.0083% | 8h | 86,105.5 | −0.033% | $9.37B | $24.27B | 150x | as long as short |
| MEXC BTC_USDT | +0.0083% | 8h | 86,105.4 | −0.033% | $5.11B | $5.77B | 500x | as long as short |
| Phemex BTCUSDT | +0.0086% | 8h | 86,070 | −0.074% | $155.3M | $473.4M | 150x | as long as short |
| Gate BTC_USDT | +0.0095% | 8h | 86,112.2 | −0.025% | $5.77B | $10.68B | 200x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,133 | −0.001% | $169.5M | $996.4M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,146.4 | +0.014% | $23.5M | $152.4M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,113 | −0.024% | $8.4M | $52.0M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,091 | −0.050% | $201K | $7.3M | 50x | as long as short |
| Paradex BTC-USD-PERPshort | +0.0100% | 8h | 86,165 | +0.036% | $4.2M | $8.5M | 50x | |
| Nado BTC-PERP | +0.0100% | 1h | 86,113.4 | −0.024% | $21.8M | $225.5M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,179 | +0.052% | $3.77B | $4.97B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,156.6 | +0.026% | $40.8M | $560.8M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 86,106.4 | −0.032% | $5.24B | $9.65B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,087.3 | −0.054% | $2.56B | $12.40B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,120 | −0.016% | $3.9M | $17.9M | 25x | as long as short |
| Arcus BTC-USDlong | +0.0100% | 1h | 86,134.1 | long leg | $7.3M | $95.2M | 40x | |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,059.9 | −0.086% | $35.4M | $161.8M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,079.3 | −0.064% | $156.4M | $555.5M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,114.1 | −0.023% | $278.1M | $940.2M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,175.4 | +0.048% | $216.3M | $165.4M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,194.2 | +0.070% | $141.1M | $320.0M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,069.2 | −0.075% | $30.5M | $206.6M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,148.9 | +0.017% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,112 | −0.026% | $11.0M | $14.1M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,116.5 | −0.020% | $189K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,080.1 | −0.063% | $2.4M | $9.1M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,090.9 | −0.050% | $30.2M | $57.0M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,055.4 | −0.091% | $3.3M | $5.4M | 100x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,141.5 | +0.009% | $581.0M | $76.4M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,088 | −0.053% | $46.0M | $222.5M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,080.4 | −0.062% | — | $99.2M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0120% | 1h | 86,103.7 | −0.035% | $132.4M | $5.27B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0121% | 1h | 86,108 | −0.030% | $190.3M | $953.6M | 100x | as long as short |
| Hibachi BTC/USDT-P | +0.0128% | 1h | 86,108.8 | −0.029% | $724K | $8.0M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0169% | 1h | 86,174.5 | +0.047% | $77K | $217K | 20x | as long as short |
| BloFin BTC-USDT | +0.0203% | 8h | 86,079.9 | −0.063% | $415.6M | $640.3M | 150x | as long as short |
| Kalshi KXBTCPERP | +0.0205% | 8h | 86,107 | −0.031% | $10.4M | $765.7M | 6.4x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0207% / S −0.0222% | 1h | 86,121.5 | −0.015% | $14.5M | — | 200x | as long as short |
| Deribit BTC-PERPETUAL | +0.0211% | 1h | 86,131.9 | −0.003% | $902.8M | $1.51B | 50x | as long as short |
RISEx BTC/USDC
BingX BTC-USDC
HTX BTC-USDT
Bitget BTCUSDT
SoDEX BTC-USD
Bluefin BTC-PERP
Aevo BTC-PERP
Binance BTCUSDT
MEXC BTC_USDT
Phemex BTCUSDT
Gate BTC_USDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Nado BTC-PERP
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Derive BTC-PERP
SunX BTC-USDT
Bulk BTC-USD
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD
BloFin BTC-USDT
Kalshi KXBTCPERP
GMX BTC/USD [WBTC.b-USDC]
Deribit BTC-PERPETUAL