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

BTC

all BTC markets
SwapPrice view
Alert
Funding spread now, next payment 00:00 UTC+0.0068%/8h
next payment, per $10,000+$0.68paid, last 24h−0.001%paid, last 7 days−0.028%to open and close $10k−$22
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BTCUSDT85,945.10.0032pay 0.0032% / 8h6h 53m$9.50B$21.94B150x
ShortHTX BTC-USDT85,908.30.0100get 0.0100% / 8h6h 53m$2.29B$839.1M200x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$14.21
Slippage, 4 orders
−$0.02
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$7.81
Break-even
10.8 days
Slippage from Binance: live order book, 7 min ago; HTX: live order book, 2 min ago.

Price risk

price view
Price gap now
−0.043%
Avg gap 7d
−0.015%
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 Binance live order book, 7 min ago0.01 bp5.0 bp −$55.0 bp −$505.1 bp −$5065.8 bp −$2,887
Sell HTX live order book, 2 min ago0.01 bp6.0 bp −$66.1 bp −$617.9 bp −$79210.0 bp −$5,017

BTC on 55 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bluefin BTC-PERP−0.6611%1h$142K$392K40xas long as short
Arcus BTC-USD−0.0377%1h$6.5M$84.7M40xas long as short
Perpl BTC−0.0223%43m$412K$27.2M6.7xas long as short
Phoenix BTC−0.0096%1h$1.9M$11.0M40xas long as short
BloFin BTC-USDT−0.0086%8h$422.6M$564.6M150xas long as short
Hotstuff BTC-PERP−0.0080%1h$9K$4K50xas long as short
Kraken Futures PF_XBTUSD−0.0073%1h$189.6M$813.7M100xas long as short
01 Exchange BTCUSD−0.0056%1h$294K$2.4M50xas long as short
Phemex BTCUSDT−0.0049%8h$148.4M$413.7M150xas long as short
dYdX BTC-USD−0.0045%1h$17.3M$17.8M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Extended BTC-USD−0.0024%1h$48.7M$200.7M50xas long as short
SoDEX BTC-USD−0.0021%1h$60.9M$284.0M40xas long as short
Injective BTC/USDC PERP−0.0019%1h$308K$27.0M52xas long as short
Reya BTCRUSDPERP−0.0018%1h$6.7M$138.1M40xas long as short
Bulk BTC-USD−0.0012%1h$560.3M$139.6M40xas long as short
Bitget BTCUSDT−0.0004%8h$2.96B$4.68B150xas long as short
ApeX Omni BTCUSDT−0.0004%1h$138.8M$318.4M100xas long as short
BingX BTC-USDC−0.0003%8h$14.7Mas long as short
KuCoin XBTUSDTM+0.0004%8h$794.0M$611.1M125xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h$36.8M200xas long as short
OKX BTC-USDT-SWAP+0.0012%8h$2.66B$11.53B100xas long as short
Bybit BTCUSDT+0.0015%8h$5.24B$8.56B150xas long as short
Aster BTCUSDT+0.0022%8h$505.1M$1.12B200xas long as short
Gate BTC_USDT+0.0027%8h$6.06B$9.44B200xas long as short
MEXC BTC_USDT+0.0032%8h$5.17B$5.07B500xas long as short
Aevo BTC-PERP+0.0032%1h$2.4M$1.3M20xas long as short
Binance BTCUSDTlong+0.0032%8h$9.50B$21.94B150x
Popdex BTCUSDT+0.0040%1h$8.5M$46.4M100xas long as short
RISEx BTC/USDC+0.0040%1h$9.2M$38.8M25xas long as short
Derive BTC-PERP+0.0068%1h$30.4M$60.0M15xas long as short
Variational Omni BTC+0.0081%8h$171.5M$507.9Mas long as short
StandX BTC-USD+0.0083%1h$30.6M$227.3M40xas long as short
Paradex BTC-USD-PERP+0.0094%8h$4.4M$6.8M50xas long as short
Bullet BTC-USD+0.0096%1h$231K$3.3M20xas long as short
Lighter BTC+0.0096%1h$172.3M$929.1M50xas long as short
Lighter RH BTC+0.0096%1h$24.6M$134.6M50xas long as short
Katana Perps BTC-USD+0.0100%8h$215K$5.6M50xas long as short
Nado BTC-PERP+0.0100%1h$23.4M$227.0M50xas long as short
Pacifica BTC+0.0100%1h$37.0M$385.2M50xas long as short
Ondo Perps BTC-USD.P+0.0100%1h$4.0M$16.5M25xas long as short
Backpack BTC_USDC_PERP+0.0100%1h$37.5M$123.8M75xas long as short
edgeX BTCUSDC+0.0100%4h$278.9M$883.3M100xas long as short
Vest BTC-PERP+0.0100%1h$11.9M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h$11.0M$11.5M50xas long as short
Orderly PERP_BTC_USDC+0.0100%8h$2.3M$7.3M100xas long as short
SunX BTC-USDT+0.0100%8h$3.3M$5.9M100xas long as short
HTX BTC-USDTshort+0.0100%8h$2.29B$839.1M200x
Hibachi BTC/USDT-P+0.0104%1h$753K$7.4M30xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h$85.4M500xas long as short
Aftermath Perps BTCUSD+0.0105%1h$87K$150K20xas long as short
Kalshi KXBTCPERP+0.0105%8h$14.4M$620.3M6.4xas long as short
Hyperliquid BTC+0.0130%1h$3.89B$4.37B40xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0171% / S −0.0149%1h$12.5M200xas long as short
Coinbase International BTC-PERP-INTX+0.0184%1h$128.6M$6.00B50xas long as short
Deribit BTC-PERPETUAL+0.0204%1h$913.3M$1.11B50xas long as short