Settings8H · net · $10k
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Funding arb · Price arb /

BTC

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 22:00 UTC+0.0103%/8h= +11.3% APRpaid last 24h −0.002%
Price spread now: ApeX Omni against Aster−0.005%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$180.181% of the position
Long on AsterShort on ApeX Omni
What this pair did over the last
the charts below follow
Funding, last 7 days+0.042%+$4 on $10k
Price spread, last 7 days−0.007%−$1 · spread now −0.005%, 7d avg +0.007%
Together, before fees+0.034%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BTCUSDT86,570−0.0003get 0.0003% / 8h2h 03m$505.5M$1.16B200x
ShortApeX Omni BTCUSDT86,565.50.0100get 0.0013% / 1h3m 09s$141.5M$323.0M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$21.6
Price spread: −0.005% → +0.007%
−$1.22
Slippage, 4 orders
−$0.12
Fee Aster: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$2.26
Costs to cover
0.181%
Break-even
6.3 days
Slippage from Aster: live order book, 6 min ago; ApeX Omni: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 6 min ago0.01 bp4.0 bp −$44.0 bp −$404.1 bp −$4146.1 bp −$3,067
Sell ApeX Omni live order book, 1 min ago0.05 bp5.1 bp −$55.1 bp −$519.8 bp −$97839.1 bp −$19.5K

BTC on 56 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps BTCUSD−0.0255%1h86,613.1+0.050%$81K$193K20xas long as short
Perpl BTC−0.0223%43m86,573.3+0.004%$425K$24.5M6.7xas long as short
Phoenix BTC−0.0103%1h86,554−0.018%$2.2M$12.4M40xas long as short
Hotstuff BTC-PERP−0.0080%1h86,551−0.022%$9K$3K50xas long as short
dYdX BTC-USD−0.0066%1h86,591.4+0.025%$17.6M$20.6M50xas long as short
Aster BTCUSDTlong−0.0003%8h86,570long leg$505.5M$1.16B200x
01 Exchange BTCUSD0.0000%1h86,576.4+0.007%$360K$2.4M50xas long as short
Deribit BTC-PERPETUAL0.0000%1h86,601+0.036%$927.7M$1.47B50xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h86,590.8+0.024%$36.9M—200xas long as short
KuCoin XBTUSDTM+0.0005%8h86,567.4−0.003%$850.7M$709.5M125xas long as short
Show all 56 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya BTCRUSDPERP+0.0022%1h86,552.9−0.020%$6.7M$144.5M40xas long as short
BingX BTC-USDC+0.0029%8h86,581.2+0.013%—$15.3M—as long as short
Phemex BTCUSDT+0.0033%8h86,582.1+0.014%$149.6M$472.5M150xas long as short
Bitget BTCUSDT+0.0037%8h86,584.1+0.016%$2.95B$5.09B150xas long as short
Injective BTC/USDC PERP+0.0049%1h86,582+0.014%$315K$26.8M52xas long as short
Aevo BTC-PERP+0.0056%1h86,568.5−0.002%$2.4M$1.3M20xas long as short
MEXC BTC_USDT+0.0058%8h86,582.6+0.015%$5.19B$5.73B500xas long as short
Binance BTCUSDT+0.0058%8h86,579.9+0.011%$9.42B$24.37B150xas long as short
RISEx BTC/USDC+0.0063%1h86,585+0.017%$8.7M$43.1M25xas long as short
Gate BTC_USDT+0.0081%8h86,566.2−0.004%$5.84B$10.71B200xas long as short
Bybit BTCUSDT+0.0084%8h86,586.4+0.019%$5.27B$9.73B150xas long as short
Lighter BTC+0.0096%1h86,588.3+0.021%$172.0M$1.02B50xas long as short
Lighter RH BTC+0.0096%1h86,598.4+0.033%$24.1M$154.3M50xas long as short
Popdex BTCUSDT+0.0096%1h86,558−0.014%$8.5M$52.3M100xas long as short
OKX BTC-USDT-SWAP+0.0097%8h86,594.4+0.028%$2.55B$12.73B100xas long as short
Katana Perps BTC-USD+0.0100%8h86,543−0.031%$201K$6.8M50xas long as short
Paradex BTC-USD-PERP+0.0100%8h86,606.6+0.042%$4.8M$8.3M50xas long as short
Nado BTC-PERP+0.0100%1h86,558.1−0.014%$21.7M$234.9M50xas long as short
Hyperliquid BTC+0.0100%1h86,627+0.066%$3.81B$5.11B40xas long as short
Pacifica BTC+0.0100%1h86,592.1+0.026%$40.9M$498.0M50xas long as short
Ondo Perps BTC-USD.P+0.0100%1h86,550−0.023%$3.9M$18.6M25xas long as short
Arcus BTC-USD+0.0100%1h86,629.9+0.069%$7.4M$94.7M40xas long as short
Bulk BTC-USD+0.0100%1h86,682.4+0.130%$572.6M$21.1M40xas long as short
Backpack BTC_USDC_PERP+0.0100%1h86,583.6+0.016%$38.2M$151.0M75xas long as short
Variational Omni BTC+0.0100%8h86,546.2−0.028%$159.9M$565.9M—as long as short
edgeX BTCUSDC+0.0100%4h86,557.7−0.014%$279.5M$942.5M100xas long as short
GRVT BTC_USDT_Perp+0.0100%8h86,562.1−0.009%$217.2M$185.3M50xas long as short
ApeX Omni BTCUSDTshort+0.0100%1h86,565.5−0.005%$141.5M$323.0M100x
StandX BTC-USD+0.0100%1h86,556−0.016%$30.7M$203.4M40xas long as short
Vest BTC-PERP+0.0100%1h86,609.2+0.045%—$11.6M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h86,556−0.016%$11.1M$13.8M50xas long as short
Bullet BTC-USD+0.0100%1h86,568−0.002%$191K$3.4M20xas long as short
Orderly PERP_BTC_USDC+0.0100%8h86,585.3+0.018%$2.4M$8.6M100xas long as short
Bluefin BTC-PERP+0.0100%1h86,595.9+0.030%$140K$619K40xas long as short
Derive BTC-PERP+0.0100%1h86,569.70.000%$30.0M$61.8M15xas long as short
SunX BTC-USDT+0.0100%8h86,561.8−0.009%$3.4M$5.5M100xas long as short
SoDEX BTC-USD+0.0100%1h86,572+0.002%$60.5M$336.7M40xas long as short
HTX BTC-USDT+0.0100%8h86,558.2−0.014%$2.30B$960.4M200xas long as short
Extended BTC-USD+0.0104%1h86,560.7−0.011%$46.4M$226.6M50xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h86,581.6+0.013%—$98.9M500xas long as short
Kraken Futures PF_XBTUSD+0.0117%1h86,615.3+0.052%$187.0M$934.8M100xas long as short
Coinbase International BTC-PERP-INTX+0.0120%1h86,617+0.054%$131.9M$5.83B50xas long as short
Hibachi BTC/USDT-P+0.0168%1h86,591+0.024%$780K$7.9M30xas long as short
Kalshi KXBTCPERP+0.0173%8h86,602+0.037%$9.6M$727.4M6.4xas long as short
BloFin BTC-USDT+0.0178%8h86,579.9+0.011%$416.9M$655.8M150xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0180% / S −0.0209%1h86,583.6+0.016%$15.0M—200xas long as short