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

BTC

all BTC markets
SwapPrice view
Alert
Funding spread now, next payment 18:00 UTC−0.0075%/8h
paid, last 24h−0.037%paid, last 3 days−0.200%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BTCUSDT85,753.4−0.0005get 0.0005% / 8h6h 37m$2.95B$4.69B150x
ShortHotstuff BTC-PERP85,818−0.0080pay 0.0010% / 1h37m 26s$9K$4K50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$15.75
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$32.75
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 3 min ago; Hotstuff: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.075%
Avg gap 7d
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 Bitget live order book, 3 min ago0.01 bp6.0 bp −$66.0 bp −$606.7 bp −$6737.5 bp −$3,733
Sell Hotstuff no order-book sample
Hotstuff: 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 55 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bluefin BTC-PERP−0.1280%1h$143K$410K40xas long as short
Arcus BTC-USD−0.0377%1h$6.6M$85.0M40xas long as short
Perpl BTC−0.0223%43m$410K$26.8M6.7xas long as short
ApeX Omni BTCUSDT−0.0124%1h$139.4M$318.8M100xas long as short
Phoenix BTC−0.0096%1h$1.9M$11.0M40xas long as short
BloFin BTC-USDT−0.0094%8h$424.3M$565.9M150xas long as short
Hotstuff BTC-PERPshort−0.0080%1h$9K$4K50x
Kraken Futures PF_XBTUSD−0.0073%1h$189.5M$812.3M100xas long as short
01 Exchange BTCUSD−0.0048%1h$302K$2.4M50xas long as short
SoDEX BTC-USD−0.0040%1h$60.8M$284.0M40xas long as short
Show all 55 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
dYdX BTC-USD−0.0036%1h$17.1M$18.1M50xas long as short
Phemex BTCUSDT−0.0027%8h$147.9M$414.5M150xas 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−0.0016%1h$561.2M$139.6M40xas long as short
Extended BTC-USD−0.0008%1h$48.7M$199.6M50xas long as short
Bitget BTCUSDTlong−0.0005%8h$2.95B$4.69B150x
BingX BTC-USDT−0.0005%8h$1.37Bas long as short
Gate BTC_USDT−0.0003%8h$6.05B$9.53B200xas long as short
KuCoin XBTUSDTM+0.0001%8h$790.3M$613.0M125xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h$36.7M200xas long as short
OKX BTC-USDT-SWAP+0.0013%8h$2.66B$11.53B100xas long as short
Aster BTCUSDT+0.0013%8h$503.6M$1.10B200xas long as short
Bybit BTCUSDT+0.0013%8h$5.24B$8.59B150xas long as short
Aevo BTC-PERP+0.0024%1h$2.4M$1.3M20xas long as short
MEXC BTC_USDT+0.0025%8h$5.15B$5.11B500xas long as short
Binance BTCUSDT+0.0025%8h$9.47B$22.07B150xas long as short
Popdex BTCUSDT+0.0032%1h$8.5M$46.5M100xas long as short
RISEx BTC/USDC+0.0040%1h$9.1M$38.5M25xas long as short
StandX BTC-USD+0.0056%1h$30.6M$226.3M40xas long as short
Variational Omni BTC+0.0070%8h$172.4M$506.5Mas long as short
Bullet BTC-USD+0.0088%1h$229K$3.3M20xas long as short
Aftermath Perps BTCUSD+0.0089%1h$86K$150K20xas long as short
Paradex BTC-USD-PERP+0.0095%8h$4.4M$6.8M50xas long as short
Lighter BTC+0.0096%1h$171.8M$938.8M50xas long as short
Lighter RH BTC+0.0096%1h$24.5M$136.0M50xas long as short
Derive BTC-PERP+0.0097%1h$30.4M$59.8M15xas long as short
Katana Perps BTC-USD+0.0100%8h$191K$5.6M50xas long as short
Nado BTC-PERP+0.0100%1h$23.3M$227.1M50xas long as short
Pacifica BTC+0.0100%1h$37.0M$391.7M50xas long as short
Ondo Perps BTC-USD.P+0.0100%1h$4.0M$16.6M25xas long as short
Backpack BTC_USDC_PERP+0.0100%1h$37.3M$124.2M75xas long as short
edgeX BTCUSDC+0.0100%4h$280.1M$880.2M100xas long as short
Vest BTC-PERP+0.0100%1h$11.5M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h$11.0M$11.7M50xas long as short
Orderly PERP_BTC_USDC+0.0100%8h$2.4M$7.4M100xas long as short
SunX BTC-USDT+0.0100%8h$3.3M$5.8M100xas long as short
HTX BTC-USDT+0.0100%8h$2.28B$834.1M200xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h$85.2M500xas long as short
Kalshi KXBTCPERP+0.0105%8h$13.4M$627.8M6.4xas long as short
Hibachi BTC/USDT-P+0.0112%1h$757K$7.3M30xas long as short
Hyperliquid BTC+0.0119%1h$3.89B$4.38B40xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0172% / S −0.0153%1h$12.7M200xas long as short
Coinbase International BTC-PERP-INTX+0.0184%1h$128.5M$5.95B50xas long as short
Deribit BTC-PERPETUAL+0.0291%1h$913.5M$1.11B50xas long as short