Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.012%
Price spread now: StandX against Arcus−0.070%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$160.157% of the position
Funding, last 4 days (all we have)+0.001%$0 on $10k
+Price spread, last 7 days−0.031%−$3 · spread now −0.070%, 7d avg −0.036%
=Together, before fees−0.030%+ Points / potential airdropStandX: Active · farm board−$3 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: StandX is 0.034% cheaper against Arcus than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BTC-USD | 86,120.7 | 0.0100 | pay 0.0013% / 1h | 51m 06s | $4.2M | $90.6M | 40x |
| Short | StandX BTC-USD | 86,060.1 | 0.0100 | get 0.0013% / 1h | 51m 06s | $30.3M | $223.1M | 40x |
Arcus BTC-USD
StandX BTC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX 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: −0.070% → −0.036%
- −$3.42
- Slippage, 4 orders
- −$3.24
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$19.16
- Costs to cover
- 0.157%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 1 min ago; StandX: live order book, 1 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, 1 min ago | 0.01 bp | 2.6 bp −$3 | 2.9 bp −$29 | 3.5 bp −$345 | doesn't fit |
| Sell StandX live order book, 1 min ago | 0.64 bp | 4.8 bp −$5 | 6.4 bp −$64 | 8.1 bp −$807 | 10.1 bp −$5,053 |
BTC on 55 exchanges
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 | −0.0133% | 1h | 86,126 | +0.006% | $2.1M | $7.8M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,197 | +0.089% | $8K | $2K | 50x | as long as short |
| ApeX Omni BTCUSDT | −0.0035% | 1h | 86,094.8 | −0.030% | $137.6M | $295.3M | 100x | as long as short |
| 01 Exchange BTCUSD | −0.0024% | 1h | 86,088.7 | −0.037% | $363K | $2.0M | 50x | as long as short |
| BloFin BTC-USDT | −0.0021% | 8h | 86,096.4 | −0.028% | $421.4M | $564.3M | 150x | as long as short |
| dYdX BTC-USD | 0.0000% | 1h | 86,107.7 | −0.015% | $16.9M | $14.5M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 86,108.2 | −0.015% | $481K | $13.8M | 6.7x | as long as short |
| SoDEX BTC-USD | +0.0001% | 1h | 86,092 | −0.033% | $65.9M | $187.9M | 40x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 86,111.6 | −0.011% | $36.8M | — | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0009% | 1h | 86,214 | +0.108% | $301K | $26.1M | 52x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
ApeX Omni BTCUSDT
01 Exchange BTCUSD
BloFin BTC-USDT
dYdX BTC-USD
Perpl BTC
SoDEX BTC-USD
gTrade (Gains Network) BTC/USD
Injective BTC/USDC PERPShow all 55 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BTCUSDT | +0.0028% | 8h | 86,088.7 | −0.037% | $513.2M | $875.0M | 200x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0029% | 1h | 86,109.2 | −0.013% | $191.4M | $770.0M | 100x | as long as short |
| BingX BTC-USDT | +0.0030% | 8h | 86,111.2 | −0.011% | — | $1.33B | — | as long as short |
| Bybit BTCUSDT | +0.0036% | 8h | 86,114.7 | −0.007% | $5.15B | $8.13B | 150x | as long as short |
| KuCoin XBTUSDTM | +0.0054% | 8h | 86,090.5 | −0.035% | $943.1M | $634.5M | 125x | as long as short |
| Gate BTC_USDT | +0.0063% | 8h | 86,113.5 | −0.008% | $5.52B | $8.89B | 200x | as long as short |
| Popdex BTCUSDT | +0.0072% | 1h | 86,093 | −0.032% | $8.8M | $45.3M | 100x | as long as short |
| Phemex BTCUSDT | +0.0091% | 8h | 86,088.8 | −0.037% | $170.7M | $479.0M | 150x | as long as short |
| Bitget BTCUSDT | +0.0094% | 8h | 86,107.5 | −0.015% | $2.99B | $3.97B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,106 | −0.017% | $173.9M | $853.1M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,115.2 | −0.006% | $23.4M | $119.0M | 50x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 86,068.6 | −0.061% | $2.4M | $6.7M | 20x | as long as short |
| HTX BTC-USDT | +0.0096% | 8h | 86,076.7 | −0.051% | $2.27B | $803.3M | 200x | as long as short |
| MEXC BTC_USDT | +0.0099% | 8h | 86,103.4 | −0.020% | $5.17B | $4.82B | 500x | as long as short |
| Binance BTCUSDT | +0.0099% | 8h | 86,096.5 | −0.028% | $9.46B | $20.56B | 150x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,063 | −0.067% | $219K | $8.1M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,119 | −0.002% | $6.0M | $7.6M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,064.7 | −0.065% | $23.5M | $195.9M | 50x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,107.2 | −0.016% | $40.4M | $570.0M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,118.8 | −0.002% | $2.62B | $9.50B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,076 | −0.052% | $4.0M | $15.1M | 25x | as long as short |
| Arcus BTC-USDlong | +0.0100% | 1h | 86,120.7 | long leg | $4.2M | $90.6M | 40x | |
| Bulk BTC-USD | +0.0100% | 1h | 86,169.3 | +0.056% | $716.4M | $134.3M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,095.3 | −0.029% | $38.2M | $196.0M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,125.5 | +0.006% | $158.0M | $474.6M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,081.5 | −0.046% | $289.8M | $813.7M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,097 | −0.028% | $216.3M | $133.7M | 50x | as long as short |
| StandX BTC-USDshort | +0.0100% | 1h | 86,060.1 | −0.070% | $30.3M | $223.1M | 40x | |
| Vest BTC-PERP | +0.0100% | 1h | 86,142.5 | +0.025% | — | $9.4M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,094 | −0.031% | $11.0M | $12.0M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,092.8 | −0.032% | $205K | $3.2M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,081 | −0.046% | $2.7M | $8.9M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 86,128.5 | +0.009% | $195K | $564K | 40x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,095.7 | −0.029% | $3.2M | $6.6M | 100x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,061 | −0.069% | $47.0M | $202.9M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 86,103.2 | −0.020% | — | $81.6M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0120% | 1h | 86,141.1 | +0.024% | $112.2M | $4.98B | 50x | as long as short |
| Kalshi KXBTCPERP | +0.0159% | 8h | 86,111 | −0.011% | $12.0M | $733.4M | 6.4x | as long as short |
| Reya BTCRUSDPERP | +0.0163% | 1h | 86,077.4 | −0.050% | $6.6M | $131.1M | 40x | as long as short |
| Hyperliquid BTC | +0.0166% | 1h | 86,200 | +0.092% | $3.97B | $4.36B | 40x | as long as short |
| RISEx BTC/USDC | +0.0187% | 1h | 86,112.5 | −0.010% | $8.9M | $37.1M | 25x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0211% / S −0.0251% | 1h | 86,101.2 | −0.023% | $15.6M | — | 200x | as long as short |
| Deribit BTC-PERPETUAL | +0.0282% | 1h | 86,151.4 | +0.036% | $822.7M | $1.50B | 50x | as long as short |
| Hibachi BTC/USDT-P | +0.0352% | 1h | 86,133 | +0.014% | $726K | $7.0M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0447% | 1h | 86,136.8 | +0.019% | $79K | $245K | 20x | as long as short |
Aster BTCUSDT
Kraken Futures PF_XBTUSD
BingX BTC-USDT
Bybit BTCUSDT
KuCoin XBTUSDTM
Gate BTC_USDT
Popdex BTCUSDT
Phemex BTCUSDT
Bitget BTCUSDT
Lighter BTC
Lighter RH BTC
Aevo BTC-PERP
HTX BTC-USDT
MEXC BTC_USDT
Binance BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Nado BTC-PERP
Pacifica BTC
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Bulk BTC-USD
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
SunX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Kalshi KXBTCPERP
Reya BTCRUSDPERP
Hyperliquid BTC
RISEx BTC/USDC
GMX BTC/USD [WBTC.b-USDC]
Deribit BTC-PERPETUAL
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD