BTC

Alert

Funding spread now, next payment 16:00 UTC−0.0053%/8h

next payment, per $10,000−$0.53paid, last 24h−0.010%paid, last 7 days−0.015%to open and close $10k−$23

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BTCUSDT	85,988.3	0.0045	pay 0.0045% / 8h	1h 05m	$488.0M	$1.09B	200x
Short	Gate BTC_USDT	85,981.9	−0.0008	pay 0.0008% / 8h	1h 05m	$6.12B	$9.08B	200x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee GatebpOrdersRate

Funding earned: −$11.06
Slippage, 4 orders: −$0.23
Fee Aster: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$34.29
Break-even: never at this rate

Slippage from Aster: live order book, 5 min ago; Gate: live order book, 5 min ago.

Price risk

price view

Price gap now: −0.007%
Avg gap 7d: −0.002%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 5 min ago	0.11 bp	4.1 bp −$4	4.9 bp −$49	5.2 bp −$524	7.8 bp −$3,901
Sell Gate live order book, 5 min ago	0.01 bp	7.5 bp −$8	7.5 bp −$75	8.7 bp −$870	10.6 bp −$5,299

BTC on 55 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Perpl BTC	−0.0223%	43m	$435K	$30.6M	6.7x	as long as short
edgeX BTCUSDC	−0.0117%	4h	$282.4M	$832.6M	100x	as long as short
01 Exchange BTCUSD	−0.0112%	1h	$280K	$2.3M	50x	as long as short
Aftermath Perps BTCUSD	−0.0086%	1h	$87K	$145K	20x	as long as short
Hotstuff BTC-PERP	−0.0080%	1h	$9K	$3K	50x	as long as short
Bluefin BTC-PERP	−0.0031%	1h	$143K	$403K	40x	as long as short
Phemex BTCUSDT	−0.0028%	8h	$157.7M	$387.4M	150x	as long as short
Reya BTCRUSDPERP	−0.0027%	1h	$6.7M	$137.4M	40x	as long as short
BingX BTC-USDC	−0.0010%	8h	—	$14.7M	—	as long as short
Bitget BTCUSDT	−0.0009%	8h	$2.95B	$4.51B	150x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
dYdX BTC-USD	−0.0008%	1h	$16.8M	$16.3M	50x	as long as short
Gate BTC_USDTshort	−0.0008%	8h	$6.12B	$9.08B	200x
ApeX Omni BTCUSDT	0.0000%	1h	$138.7M	$317.0M	100x	as long as short
Kalshi KXBTCPERP	0.0000%	8h	$9.5M	$537.2M	6.4x	as long as short
gTrade (Gains Network) BTC/USD	L +0.0005% / S −0.0004%	1h	$36.9M	—	200x	as long as short
SoDEX BTC-USD	+0.0010%	1h	$61.3M	$259.1M	40x	as long as short
Phoenix BTC	+0.0015%	1h	$1.6M	$10.8M	40x	as long as short
OKX BTC-USDT-SWAP	+0.0038%	8h	$2.60B	$11.24B	100x	as long as short
Kraken Futures PF_XBTUSD	+0.0042%	1h	$185.4M	$790.7M	100x	as long as short
Aster BTCUSDTlong	+0.0045%	8h	$488.0M	$1.09B	200x
HTX BTC-USDT	+0.0048%	8h	$2.30B	$808.7M	200x	as long as short
KuCoin XBTUSDTM	+0.0054%	8h	$785.2M	$601.5M	125x	as long as short
Hibachi BTC/USDT-P	+0.0056%	1h	$618K	$7.2M	30x	as long as short
Bullet BTC-USD	+0.0076%	1h	$246K	$3.3M	20x	as long as short
Paradex BTC-USD-PERP	+0.0079%	8h	$4.4M	$6.5M	50x	as long as short
Popdex BTCUSDT	+0.0080%	1h	$8.6M	$43.2M	100x	as long as short
Aevo BTC-PERP	+0.0080%	1h	$2.4M	$1.6M	20x	as long as short
MEXC BTC_USDT	+0.0082%	8h	$4.99B	$4.93B	500x	as long as short
Binance BTCUSDT	+0.0083%	8h	$9.58B	$20.76B	150x	as long as short
Nado BTC-PERP	+0.0091%	1h	$23.5M	$229.6M	50x	as long as short
Lighter BTC	+0.0096%	1h	$179.6M	$901.6M	50x	as long as short
Lighter RH BTC	+0.0096%	1h	$25.2M	$138.4M	50x	as long as short
Katana Perps BTC-USD	+0.0100%	8h	$186K	$5.2M	50x	as long as short
Pacifica BTC	+0.0100%	1h	$36.5M	$331.3M	50x	as long as short
Bybit BTCUSDT	+0.0100%	8h	$5.15B	$8.25B	150x	as long as short
Ondo Perps BTC-USD.P	+0.0100%	1h	$3.9M	$15.9M	25x	as long as short
Arcus BTC-USD	+0.0100%	1h	$5.5M	$80.1M	40x	as long as short
Bulk BTC-USD	+0.0100%	1h	$540.9M	$69.9M	40x	as long as short
Backpack BTC_USDC_PERP	+0.0100%	1h	$40.3M	$101.1M	75x	as long as short
Variational Omni BTC	+0.0100%	8h	$172.9M	$488.6M	—	as long as short
StandX BTC-USD	+0.0100%	1h	$30.8M	$241.4M	40x	as long as short
Vest BTC-PERP	+0.0100%	1h	—	$13.3M	50x	as long as short
Polymarket Perps BTC-USD	+0.0100%	1h	$10.9M	$11.2M	50x	as long as short
Orderly PERP_BTC_USDC	+0.0100%	8h	$2.4M	$7.1M	100x	as long as short
Derive BTC-PERP	+0.0100%	1h	$29.7M	$57.4M	15x	as long as short
SunX BTC-USDT	+0.0100%	8h	$3.3M	$5.6M	100x	as long as short
Extended BTC-USD	+0.0104%	1h	$48.3M	$206.3M	50x	as long as short
Jupiter Perps WBTC-PERP	L +0.0104% / S +0.0048%	1h	—	$88.8M	500x	as long as short
Coinbase International BTC-PERP-INTX	+0.0112%	1h	$148.3M	$6.27B	50x	as long as short
Hyperliquid BTC	+0.0158%	1h	$3.89B	$4.24B	40x	as long as short
RISEx BTC/USDC	+0.0178%	1h	$8.8M	$38.3M	25x	as long as short
Injective BTC/USDC PERP	+0.0180%	1h	$304K	$27.0M	52x	as long as short
GMX BTC/USD [WBTC.b-USDC]	L +0.0198% / S −0.0177%	1h	$12.5M	—	200x	as long as short
BloFin BTC-USDT	+0.0203%	8h	$426.0M	$507.3M	150x	as long as short
Deribit BTC-PERPETUAL	+0.0370%	1h	$869.3M	$1.00B	50x	as long as short