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
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BTCUSDT | 85,753.4 | −0.0005 | get 0.0005% / 8h | 6h 37m | $2.95B | $4.69B | 150x |
| Short | Hotstuff BTC-PERP | 85,818 | −0.0080 | pay 0.0010% / 1h | 37m 26s | $9K | $4K | 50x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
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 costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 3 min ago | 0.01 bp | 6.0 bp −$6 | 6.0 bp −$60 | 6.7 bp −$673 | 7.5 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.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Bluefin BTC-PERP | −0.1280% | 1h | $143K | $410K | 40x | as long as short |
| Arcus BTC-USD | −0.0377% | 1h | $6.6M | $85.0M | 40x | as long as short |
| Perpl BTC | −0.0223% | 43m | $410K | $26.8M | 6.7x | as long as short |
| ApeX Omni BTCUSDT | −0.0124% | 1h | $139.4M | $318.8M | 100x | as long as short |
| Phoenix BTC | −0.0096% | 1h | $1.9M | $11.0M | 40x | as long as short |
| BloFin BTC-USDT | −0.0094% | 8h | $424.3M | $565.9M | 150x | as long as short |
| Hotstuff BTC-PERPshort | −0.0080% | 1h | $9K | $4K | 50x | |
| Kraken Futures PF_XBTUSD | −0.0073% | 1h | $189.5M | $812.3M | 100x | as long as short |
| 01 Exchange BTCUSD | −0.0048% | 1h | $302K | $2.4M | 50x | as long as short |
| SoDEX BTC-USD | −0.0040% | 1h | $60.8M | $284.0M | 40x | as long as short |
Bitget BTCUSDT
Bluefin BTC-PERP
ApeX Omni BTCUSDT
Phoenix BTC
BloFin BTC-USDT
Kraken Futures PF_XBTUSD
SoDEX BTC-USD
Phemex BTCUSDT
Injective BTC/USDC PERP
Bulk BTC-USD
Extended BTC-USD
BingX BTC-USDT
Gate BTC_USDT
KuCoin XBTUSDTM
gTrade (Gains Network) BTC/USD
OKX BTC-USDT-SWAP
Aster BTCUSDT
Bybit BTCUSDT
MEXC BTC_USDT
Binance BTCUSDT
Popdex BTCUSDT
RISEx BTC/USDC
StandX BTC-USD
Variational Omni BTC
Bullet BTC-USD
Paradex BTC-USD-PERP
Lighter BTC
Lighter RH BTC
Derive BTC-PERP
Katana Perps BTC-USD
Pacifica BTC
Backpack BTC_USDC_PERP
Polymarket Perps BTC-USD
SunX BTC-USDT
HTX BTC-USDT
Hyperliquid BTC
GMX BTC/USD [WBTC.b-USDC]
Coinbase International BTC-PERP-INTX
Deribit BTC-PERPETUAL