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

BTC

all BTC markets
SwapPrice view
Alert
Funding spread now, next payment 19:00 UTC−0.0049%/8h
paid, last 24h−0.028%paid, last 3 days−0.172%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BTCUSDT86,017.50.0001pay 0.0001% / 8h5h 44m$2.96B$4.68B150x
ShortJupiter Perps WBTC-PERP85,986.9L +0.0104% / S +0.0048%pay 0.0006% / 1h44m 15s$83.9M500x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$10.29
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Jupiter Perps: 6 bp × 2 orders
−$12
Net
−$34.29
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 1 min ago; Jupiter Perps: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
−0.036%
Avg gap 7d
+0.013%
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, 1 min ago0.01 bp6.0 bp −$66.0 bp −$607.1 bp −$714doesn't fit
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 55 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Perpl BTC−0.0447%43m$404K$26.2M6.7xas long as short
Arcus BTC-USD−0.0299%1h$6.7M$85.4M40xas long as short
BloFin BTC-USDT−0.0088%8h$421.8M$568.2M150xas long as short
Phoenix BTC−0.0082%1h$1.9M$11.0M40xas long as short
Hotstuff BTC-PERP−0.0080%1h$9K$4K50xas long as short
01 Exchange BTCUSD−0.0048%1h$311K$2.4M50xas long as short
Kraken Futures PF_XBTUSD−0.0019%1h$188.5M$817.0M100xas long as short
Reya BTCRUSDPERP−0.0017%1h$6.8M$138.3M40xas long as short
Phemex BTCUSDT−0.0009%8h$149.8M$422.7M150xas long as short
Injective BTC/USDC PERP−0.0006%1h$307K$27.0M52xas long as short
Show all 55 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
KuCoin XBTUSDTM−0.0006%8h$806.0M$619.3M125xas long as short
dYdX BTC-USD−0.0001%1h$17.2M$18.1M50xas long as short
Kalshi KXBTCPERP0.0000%8h$12.0M$651.4M6.4xas long as short
Bitget BTCUSDTlong+0.0001%8h$2.96B$4.68B150x
BingX BTC-USDC+0.0001%8h$14.5Mas long as short
Bulk BTC-USD+0.0002%1h$562.2M$127.9M40xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h$36.8M200xas long as short
Aster BTCUSDT+0.0019%8h$505.5M$1.09B200xas long as short
OKX BTC-USDT-SWAP+0.0025%8h$2.67B$11.59B100xas long as short
SoDEX BTC-USD+0.0025%1h$61.0M$284.8M40xas long as short
Bybit BTCUSDT+0.0030%8h$5.28B$8.65B150xas long as short
RISEx BTC/USDC+0.0031%1h$9.0M$38.6M25xas long as short
MEXC BTC_USDT+0.0032%8h$5.17B$5.10B500xas long as short
Aevo BTC-PERP+0.0032%1h$2.4M$1.3M20xas long as short
Binance BTCUSDT+0.0032%8h$9.49B$22.05B150xas long as short
Gate BTC_USDT+0.0034%8h$6.06B$9.59B200xas long as short
Aftermath Perps BTCUSD+0.0034%1h$87K$152K20xas long as short
Popdex BTCUSDT+0.0072%1h$8.5M$46.2M100xas long as short
Variational Omni BTC+0.0075%8h$170.5M$505.3Mas long as short
Extended BTC-USD+0.0088%1h$48.5M$199.0M50xas long as short
HTX BTC-USDT+0.0091%8h$2.29B$846.6M200xas long as short
ApeX Omni BTCUSDT+0.0094%1h$140.0M$319.9M100xas long as short
Lighter BTC+0.0096%1h$172.6M$945.5M50xas long as short
Lighter RH BTC+0.0096%1h$24.5M$137.5M50xas long as short
Paradex BTC-USD-PERP+0.0098%8h$4.4M$6.9M50xas long as short
Katana Perps BTC-USD+0.0100%8h$201K$5.9M50xas long as short
Nado BTC-PERP+0.0100%1h$23.2M$226.9M50xas long as short
Pacifica BTC+0.0100%1h$36.7M$411.8M50xas long as short
Ondo Perps BTC-USD.P+0.0100%1h$4.1M$17.3M25xas long as short
Backpack BTC_USDC_PERP+0.0100%1h$37.7M$133.1M75xas long as short
edgeX BTCUSDC+0.0100%4h$280.6M$884.5M100xas long as short
StandX BTC-USD+0.0100%1h$30.7M$215.3M40xas long as short
Vest BTC-PERP+0.0100%1h$11.5M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h$11.0M$12.0M50xas long as short
Bullet BTC-USD+0.0100%1h$234K$3.3M20xas long as short
Orderly PERP_BTC_USDC+0.0100%8h$2.4M$7.4M100xas long as short
Bluefin BTC-PERP+0.0100%1h$144K$411K40xas long as short
Derive BTC-PERP+0.0100%1h$30.4M$58.8M15xas long as short
SunX BTC-USDT+0.0100%8h$3.4M$5.8M100xas long as short
Hibachi BTC/USDT-P+0.0104%1h$753K$6.6M30xas long as short
Jupiter Perps WBTC-PERPshortL +0.0104% / S +0.0048%1h$83.9M500x
GMX BTC/USD [WBTC.b-USDC]L +0.0172% / S −0.0153%1h$12.7M200xas long as short
Deribit BTC-PERPETUAL+0.0196%1h$915.5M$1.11B50xas long as short
Coinbase International BTC-PERP-INTX+0.0200%1h$129.4M$5.85B50xas long as short
Hyperliquid BTC+0.0201%1h$4.00B$4.47B40xas long as short