Funding you earn now, next payment 06:00 UTC−0.0134%/8h= −14.6% APRpaid last 24h −0.038%
Price spread now: Jupiter Perps against Binance+0.076%7-day average +0.010% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.135%−$13 on $10k
+Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.076%, 7d avg +0.010%
=The price spread pays, funding is against you. Jupiter Perps is 0.065% dearer against Binance than usual: you sell high and buy low (spread +0.076% now, against its 7-day average of +0.010%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 39 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BTCUSDT | 85,165.4 | 0.0086 | pay 0.0086% / 8h | 2h 34m | $9.41B | $24.84B | 150x |
| Short | Jupiter Perps WBTC-PERP | 85,229.7 | L +0.0104% / S +0.0048% | pay 0.0006% / 1h | 34m 06s | — | $107.1M | 500x |
Binance BTCUSDT
Jupiter Perps WBTC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Jupiter Perps against Binance. 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
- −$28.08
- Price spread: +0.076% → +0.010%
- $6.53
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Jupiter Perps: 6 bp × 2 orders
- −$12
- Net
- −$43.55
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 10 min ago; Jupiter Perps: no order-book sample. Net counts fees only.
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 Binance live order book, 10 min ago | 0.01 bp | 5.0 bp −$5 | 5.0 bp −$50 | 5.1 bp −$510 | 6.7 bp −$3,368 |
| Sell Jupiter Perps no order-book sample | — | — | — | — | — |
Jupiter Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl BTC | −0.0112% | 43m | 85,227.5 | +0.073% | $526K | $18.6M | 6.7x | as long as short |
| Phoenix BTC | −0.0111% | 1h | 85,251 | +0.101% | $2.1M | $10.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,242 | +0.090% | $8K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0053% | 8h | 85,159.9 | −0.006% | $921.2M | $763.5M | 125x | as long as short |
| BloFin BTC-USDT | −0.0034% | 8h | 85,308.7 | +0.168% | $421.3M | $680.3M | 150x | as long as short |
| 01 Exchange BTCUSD | −0.0032% | 1h | 85,232.4 | +0.079% | $383K | $2.3M | 50x | as long as short |
| Aster BTCUSDT | −0.0014% | 8h | 85,168.1 | +0.003% | $512.1M | $1.10B | 200x | as long as short |
| dYdX BTC-USD | +0.0001% | 1h | 85,271.9 | +0.125% | $16.7M | $21.7M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,191.5 | +0.031% | $36.4M | — | 200x | as long as short |
| Nado BTC-PERP | +0.0017% | 1h | 85,224.7 | +0.070% | $24.5M | $222.9M | 50x | as long as short |
Perpl BTC
Phoenix BTC
Hotstuff BTC-PERP
KuCoin XBTUSDTM
BloFin BTC-USDT
01 Exchange BTCUSD
Aster BTCUSDT
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
Nado BTC-PERPShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BTC/USDC PERP | +0.0023% | 1h | 85,225 | +0.070% | $338K | $26.8M | 52x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0056% | 1h | 85,182.2 | +0.020% | $187.1M | $956.0M | 100x | as long as short |
| BingX BTC-USDC | +0.0066% | 8h | 85,149.6 | −0.019% | — | $17.4M | — | as long as short |
| SoDEX BTC-USD | +0.0066% | 1h | 85,165 | 0.000% | $59.6M | $335.9M | 40x | as long as short |
| Bullet BTC-USD | +0.0072% | 1h | 85,173 | +0.009% | $206K | $3.3M | 20x | as long as short |
| Phemex BTCUSDT | +0.0078% | 8h | 85,173.1 | +0.009% | $148.9M | $503.8M | 150x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 85,161.6 | −0.004% | $2.4M | $6.7M | 20x | as long as short |
| Bitget BTCUSDT | +0.0083% | 8h | 85,171 | +0.007% | $2.94B | $5.18B | 150x | as long as short |
| MEXC BTC_USDT | +0.0085% | 8h | 85,178.8 | +0.016% | $5.06B | $5.70B | 500x | as long as short |
| Binance BTCUSDTlong | +0.0086% | 8h | 85,165.4 | long leg | $9.41B | $24.84B | 150x | |
| Deribit BTC-PERPETUAL | +0.0092% | 1h | 85,206.5 | +0.048% | $872.3M | $1.61B | 50x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,176.6 | +0.013% | $170.9M | $1.02B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,191.8 | +0.031% | $23.7M | $148.1M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,221 | +0.065% | $8.3M | $55.6M | 100x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0096% | 1h | 85,207.6 | +0.050% | $117.1M | $5.33B | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,204 | +0.045% | $238K | $8.5M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,271.7 | +0.125% | $5.6M | $9.5M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,255 | +0.105% | $3.75B | $5.06B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,252.9 | +0.103% | $40.1M | $595.5M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,173.2 | +0.009% | $5.15B | $9.93B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,187.5 | +0.026% | $2.57B | $12.17B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,214 | +0.057% | $3.8M | $17.6M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,227.2 | +0.073% | $4.6M | $99.2M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,324.1 | +0.186% | $679.5M | $626.7M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,175.5 | +0.012% | $5.52B | $10.89B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,156.1 | −0.011% | $36.0M | $174.6M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,263.5 | +0.115% | $156.5M | $568.3M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,240.8 | +0.088% | $278.9M | $942.4M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,264.2 | +0.116% | $214.3M | $168.8M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,275.4 | +0.129% | $139.4M | $315.6M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,308 | +0.167% | $30.1M | $206.0M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,291.9 | +0.148% | — | $10.9M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,200 | +0.041% | $11.0M | $14.4M | 50x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,173.1 | +0.009% | $2.5M | $9.2M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,214 | +0.057% | $217K | $750K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,149.6 | −0.019% | $29.9M | $50.4M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,176 | +0.012% | $2.9M | $6.1M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,161.5 | −0.005% | $2.25B | $951.6M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,142.7 | −0.027% | $45.3M | $238.2M | 50x | as long as short |
| Jupiter Perps WBTC-PERPshort | L +0.0104% / S +0.0048% | 1h | 85,229.7 | +0.076% | — | $107.1M | 500x | |
| Reya BTCRUSDPERP | +0.0113% | 1h | 85,187.4 | +0.026% | $6.6M | $147.4M | 40x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0176% / S −0.0151% | 1h | 85,174.9 | +0.011% | $13.0M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0180% | 8h | 85,268 | +0.120% | $11.3M | $747.5M | 6.4x | as long as short |
| Aftermath Perps BTCUSD | +0.0215% | 1h | 85,300.5 | +0.159% | $79K | $225K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0224% | 1h | 85,351.6 | +0.219% | $719K | $8.0M | 30x | as long as short |
| RISEx BTC/USDC | +0.0257% | 1h | 85,243.6 | +0.092% | $8.7M | $43.1M | 25x | as long as short |
Injective BTC/USDC PERP
Kraken Futures PF_XBTUSD
BingX BTC-USDC
SoDEX BTC-USD
Bullet BTC-USD
Phemex BTCUSDT
Aevo BTC-PERP
Bitget BTCUSDT
MEXC BTC_USDT
Deribit BTC-PERPETUAL
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Coinbase International BTC-PERP-INTX
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Gate BTC_USDT
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
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
Derive BTC-PERP
SunX BTC-USDT
HTX BTC-USDT
Extended BTC-USD
Reya BTCRUSDPERP
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
Aftermath Perps BTCUSD
Hibachi BTC/USDT-P
RISEx BTC/USDC