Funding you earn now, next payment 01:00 UTC−0.0097%/8h= −10.6% APRpaid last 24h +0.033%
Price spread now: Pacifica against BloFin+0.029%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$200.201% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 3 days (all we have)+0.016%+$2 · spread now +0.029%, 7d avg +0.034%
=Together, before fees+0.039%+ Points / potential airdropPacifica: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BTC-USDT | 86,325.8 | 0.0197 | pay 0.0197% / 8h | 7h 31m | $415.7M | $645.9M | 150x |
| Short | Pacifica BTC | 86,351.2 | 0.0100 | get 0.0013% / 1h | 31m 45s | $40.7M | $551.7M | 50x |
BloFin BTC-USDT
Pacifica BTCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against BloFin. 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
- −$20.38
- Price spread: +0.029% → +0.034%
- −$0.47
- Slippage, 4 orders
- −$0.13
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$40.97
- Costs to cover
- 0.201%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; Pacifica: live order book, 2 min ago.
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 BloFin live order book, 2 min ago | 0.01 bp | 6.0 bp −$6 | 6.1 bp −$61 | 6.6 bp −$663 | 8.1 bp −$4,034 |
| Sell Pacifica live order book, 2 min ago | 0.06 bp | 4.1 bp −$4 | 4.1 bp −$41 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin BTC-PERP | −0.0500% | 1h | 86,381.8 | +0.065% | $144K | $666K | 40x | as long as short |
| Phoenix BTC | −0.0129% | 1h | 86,337 | +0.013% | $2.2M | $11.2M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,330 | +0.005% | $9K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0032% | 1h | 86,303.8 | −0.025% | $360K | $2.4M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 86,312.5 | −0.015% | $483K | $21.6M | 6.7x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 86,353.3 | +0.032% | $36.9M | — | 200x | as long as short |
| Aster BTCUSDT | +0.0020% | 8h | 86,381.6 | +0.065% | $501.0M | $1.14B | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0023% | 1h | 86,358 | +0.037% | $343K | $26.9M | 52x | as long as short |
| dYdX BTC-USD | +0.0025% | 1h | 86,374.9 | +0.057% | $16.9M | $20.5M | 50x | as long as short |
| KuCoin XBTUSDTM | +0.0040% | 8h | 86,374.7 | +0.057% | $830.9M | $721.0M | 125x | as long as short |
Bluefin BTC-PERP
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
Perpl BTC
gTrade (Gains Network) BTC/USD
Aster BTCUSDT
Injective BTC/USDC PERP
dYdX BTC-USD
KuCoin XBTUSDTMShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya BTCRUSDPERP | +0.0045% | 1h | 86,322.8 | −0.003% | $6.7M | $145.7M | 40x | as long as short |
| BingX BTC-USDC | +0.0050% | 8h | 86,364.6 | +0.045% | — | $15.3M | — | as long as short |
| RISEx BTC/USDC | +0.0052% | 1h | 86,312.9 | −0.015% | $8.3M | $42.5M | 25x | as long as short |
| Bitget BTCUSDT | +0.0062% | 8h | 86,374.1 | +0.056% | $2.97B | $5.04B | 150x | as long as short |
| HTX BTC-USDT | +0.0073% | 8h | 86,323.6 | −0.003% | $2.29B | $965.1M | 200x | as long as short |
| Phemex BTCUSDT | +0.0076% | 8h | 86,355.4 | +0.034% | $154.2M | $473.9M | 150x | as long as short |
| MEXC BTC_USDT | +0.0077% | 8h | 86,373.1 | +0.055% | $5.13B | $5.69B | 500x | as long as short |
| Binance BTCUSDT | +0.0077% | 8h | 86,383.2 | +0.066% | $9.40B | $24.30B | 150x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 86,329.1 | +0.004% | $2.5M | $1.7M | 20x | as long as short |
| SoDEX BTC-USD | +0.0096% | 1h | 86,349 | +0.027% | $60.4M | $338.2M | 40x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,387.4 | +0.071% | $170.5M | $985.6M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,390.2 | +0.075% | $23.7M | $149.2M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,298 | −0.032% | $8.4M | $51.9M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,279 | −0.054% | $202K | $7.2M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,336.3 | +0.012% | $4.2M | $8.6M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,336.8 | +0.013% | $22.0M | $228.2M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,442 | +0.135% | $3.79B | $5.00B | 40x | as long as short |
| Pacifica BTCshort | +0.0100% | 1h | 86,351.2 | +0.029% | $40.7M | $551.7M | 50x | |
| Bybit BTCUSDT | +0.0100% | 8h | 86,391.2 | +0.076% | $5.26B | $9.67B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,409.9 | +0.097% | $2.56B | $12.49B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,312 | −0.016% | $3.9M | $17.9M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,331.2 | +0.006% | $7.2M | $94.9M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,348 | +0.026% | $573.1M | $19.8M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 86,373.6 | +0.055% | $5.80B | $10.53B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,354.9 | +0.034% | $37.6M | $156.7M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,400.1 | +0.086% | $158.2M | $561.5M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,352.6 | +0.031% | $278.9M | $950.7M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,334.3 | +0.010% | $216.8M | $165.6M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,397.4 | +0.083% | $141.7M | $321.3M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,355.2 | +0.034% | $30.7M | $209.5M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,357.1 | +0.036% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,324 | −0.002% | $11.1M | $14.1M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,330.8 | +0.006% | $192K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,346 | +0.023% | $2.4M | $8.9M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,375.4 | +0.057% | $30.5M | $58.1M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,325.6 | 0.000% | $3.4M | $5.2M | 100x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,366.2 | +0.047% | $45.9M | $222.2M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,325 | −0.001% | — | $98.7M | 500x | as long as short |
| Deribit BTC-PERPETUAL | +0.0115% | 1h | 86,392.1 | +0.077% | $902.8M | $1.51B | 50x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0120% | 1h | 86,393 | +0.078% | $132.1M | $5.41B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0121% | 1h | 86,383.1 | +0.066% | $192.4M | $942.3M | 100x | as long as short |
| Aftermath Perps BTCUSD | +0.0165% | 1h | 86,386 | +0.070% | $77K | $217K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0168% | 1h | 86,382.3 | +0.065% | $710K | $8.0M | 30x | as long as short |
| BloFin BTC-USDTlong | +0.0197% | 8h | 86,325.8 | long leg | $415.7M | $645.9M | 150x | |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0204% / S −0.0218% | 1h | 86,352 | +0.030% | $14.5M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0209% | 8h | 86,340 | +0.016% | $10.2M | $763.8M | 6.4x | as long as short |
Reya BTCRUSDPERP
BingX BTC-USDC
RISEx BTC/USDC
Bitget BTCUSDT
HTX BTC-USDT
Phemex BTCUSDT
MEXC BTC_USDT
Binance BTCUSDT
Aevo BTC-PERP
SoDEX BTC-USD
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Nado BTC-PERP
Hyperliquid 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
Bullet BTC-USD
Orderly PERP_BTC_USDC
Derive BTC-PERP
SunX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Deribit BTC-PERPETUAL
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
Aftermath Perps BTCUSD
Hibachi BTC/USDT-P
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP