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

BTC

all BTC markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 14:00 UTC+0.0114%/8h
paid, last 24h+0.018%paid, last 3 days−0.036%to open and close $10k−$17
Long on BingXShort on Bulk
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BTC-USDT85,139.5−0.0014get 0.0014% / 8h2h 37m—$1.17B—
ShortBulk BTC-USD85,133.30.0100get 0.0013% / 1h37m 28s$531.7M$81.4M40x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$23.94
Slippage, 4 orders
−$0.07
Fee BingX: 5 bp × 2 orders
−$10
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
$6.87
Break-even
5.0 days
Slippage from BingX: live order book, 8 min ago; Bulk: live order book, 3 min ago.

Price risk

price view
Price gap now
−0.007%
Avg gap 7d
−0.003%
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 BingX live order book, 8 min ago0.02 bp5.0 bp −$55.1 bp −$515.3 bp −$5295.7 bp −$2,859
Sell Bulk live order book, 3 min ago0.01 bp3.5 bp −$43.5 bp −$353.5 bp −$3514.7 bp −$2,354

BTC on 55 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Perpl BTC−0.0223%43m$415K$31.9M6.7xas long as short
ApeX Omni BTCUSDT−0.0191%1h$137.2M$313.8M100xas long as short
edgeX BTCUSDC−0.0106%4h$283.4M$733.0M100xas long as short
Hotstuff BTC-PERP−0.0080%1h$9K$2K50xas long as short
Gate BTC_USDT−0.0057%8h$6.03B$7.77B200xas long as short
Reya BTCRUSDPERP−0.0049%1h$6.8M$128.0M40xas long as short
Injective BTC/USDC PERP−0.0036%1h$322K$27.0M52xas long as short
01 Exchange BTCUSD−0.0024%1h$314K$2.1M50xas long as short
Bitget BTCUSDT−0.0014%8h$2.93B$3.95B150xas long as short
BingX BTC-USDTlong−0.0014%8h—$1.17B—
Show all 55 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
HTX BTC-USDT−0.0009%8h$2.28B$721.2M200xas long as short
dYdX BTC-USD0.0000%1h$16.4M$13.0M50xas long as short
Kalshi KXBTCPERP0.0000%8h$8.8M$445.8M6.4xas long as short
SoDEX BTC-USD+0.0001%1h$61.1M$233.3M40xas long as short
gTrade (Gains Network) BTC/USDL +0.0004% / S −0.0004%1h$36.4M—200xas long as short
Aftermath Perps BTCUSD+0.0007%1h$83K$137K20xas long as short
Backpack BTC_USDC_PERP+0.0028%1h$39.8M$103.0M75xas long as short
Phemex BTCUSDT+0.0035%8h$164.2M$352.0M150xas long as short
Popdex BTCUSDT+0.0048%1h$8.4M$36.4M100xas long as short
Aster BTCUSDT+0.0055%8h$490.0M$865.7M200xas long as short
Nado BTC-PERP+0.0073%1h$22.9M$203.7M50xas long as short
OKX BTC-USDT-SWAP+0.0075%8h$2.55B$9.85B100xas long as short
KuCoin XBTUSDTM+0.0080%8h$802.7M$544.2M125xas long as short
Bullet BTC-USD+0.0081%1h$228K$3.3M20xas long as short
RISEx BTC/USDC+0.0090%1h$8.3M$34.7M25xas long as short
Lighter BTC+0.0096%1h$187.9M$769.0M50xas long as short
Lighter RH BTC+0.0096%1h$25.0M$121.2M50xas long as short
Aevo BTC-PERP+0.0096%1h$2.4M$1.7M20xas long as short
Paradex BTC-USD-PERP+0.0098%8h$4.3M$6.5M50xas long as short
SunX BTC-USDT+0.0099%8h$3.3M$5.0M100xas long as short
Katana Perps BTC-USD+0.0100%8h$233K$4.5M50xas long as short
Pacifica BTC+0.0100%1h$36.5M$289.3M50xas long as short
Binance BTCUSDT+0.0100%8h$9.51B$17.75B150xas long as short
Bybit BTCUSDT+0.0100%8h$5.04B$7.10B150xas long as short
Ondo Perps BTC-USD.P+0.0100%1h$3.9M$14.8M25xas long as short
Arcus BTC-USD+0.0100%1h$6.4M$72.1M40xas long as short
MEXC BTC_USDT+0.0100%8h$5.05B$4.29B500xas long as short
Variational Omni BTC+0.0100%8h$170.9M$439.0M—as long as short
StandX BTC-USD+0.0100%1h$30.4M$248.8M40xas long as short
Vest BTC-PERP+0.0100%1h—$12.3M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h$10.7M$9.7M50xas long as short
Orderly PERP_BTC_USDC+0.0100%8h$2.2M$6.3M100xas long as short
Bluefin BTC-PERP+0.0100%1h$142K$355K40xas long as short
Derive BTC-PERP+0.0100%1h$26.1M$49.8M15xas long as short
Bulk BTC-USDshort+0.0100%1h$531.7M$81.4M40x
Extended BTC-USD+0.0104%1h$47.0M$172.6M50xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h—$77.5M500xas long as short
Coinbase International BTC-PERP-INTX+0.0120%1h$140.2M$5.86B50xas long as short
Kraken Futures PF_XBTUSD+0.0123%1h$185.3M$689.3M100xas long as short
Phoenix BTC+0.0126%1h$1.5M$10.3M40xas long as short
Hyperliquid BTC+0.0179%1h$3.86B$3.76B40xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0190% / S −0.0195%1h$12.9M—200xas long as short
BloFin BTC-USDT+0.0220%8h$419.2M$400.5M150xas long as short
Hibachi BTC/USDT-P+0.0224%1h$608K$7.5M30xas long as short
Deribit BTC-PERPETUAL+0.0367%1h$828.5M$848.3M50xas long as short