BTC

Alert

Funding spread now, next payment 16:00 UTC+0.0209%/8h

paid, last 24h+0.011%paid, last 3 days−0.060%to open and close $10k−$22

The current rate is far above what this pair has been paying: over the last 3 days it paid -0.060% in total (about -7.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BTC-USDT	85,773.8	−0.0082	get 0.0082% / 8h	30m 16s	$430.6M	$550.9M	150x
Short	RISEx BTC/USDC	85,834	0.0128	get 0.0016% / 1h	30m 16s	$8.3M	$38.8M	25x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee RISExbpOrdersRate

Funding earned: $43.93
Slippage, 4 orders: −$3.83
Fee BloFin: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: $22.1
Break-even: 3.5 days

Slippage from BloFin: live order book, 5 min ago; RISEx: live order book, 5 min ago.

Price risk

price view

Price gap now: +0.070%
Avg gap 7d: +0.020%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 5 min ago	0.95 bp	7.0 bp −$7	7.0 bp −$70	7.4 bp −$738	8.3 bp −$4,170
Sell RISEx live order book, 5 min ago	0.01 bp	3.8 bp −$4	4.0 bp −$40	13.1 bp −$1,311	doesn't fit

BTC on 55 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Perpl BTC	−0.0223%	43m	$445K	$30.1M	6.7x	as long as short
ApeX Omni BTCUSDT	−0.0118%	1h	$139.1M	$318.7M	100x	as long as short
edgeX BTCUSDC	−0.0115%	4h	$277.9M	$872.8M	100x	as long as short
Phoenix BTC	−0.0086%	1h	$1.8M	$10.8M	40x	as long as short
BloFin BTC-USDTlong	−0.0082%	8h	$430.6M	$550.9M	150x
Hotstuff BTC-PERP	−0.0080%	1h	$9K	$4K	50x	as long as short
01 Exchange BTCUSD	−0.0064%	1h	$287K	$2.4M	50x	as long as short
Aftermath Perps BTCUSD	−0.0040%	1h	$86K	$154K	20x	as long as short
Reya BTCRUSDPERP	−0.0022%	1h	$6.7M	$137.7M	40x	as long as short
Gate BTC_USDT	−0.0018%	8h	$6.13B	$9.41B	200x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
SoDEX BTC-USD	−0.0016%	1h	$60.8M	$283.5M	40x	as long as short
Phemex BTCUSDT	−0.0014%	8h	$156.2M	$402.6M	150x	as long as short
Bitget BTCUSDT	−0.0005%	8h	$2.95B	$4.67B	150x	as long as short
BingX BTC-USDT	−0.0005%	8h	—	$1.39B	—	as long as short
dYdX BTC-USD	0.0000%	1h	$17.2M	$17.4M	50x	as long as short
gTrade (Gains Network) BTC/USD	L +0.0005% / S −0.0004%	1h	$36.7M	—	200x	as long as short
OKX BTC-USDT-SWAP	+0.0030%	8h	$2.63B	$11.57B	100x	as long as short
Aster BTCUSDT	+0.0039%	8h	$486.3M	$1.12B	200x	as long as short
KuCoin XBTUSDTM	+0.0040%	8h	$788.9M	$616.0M	125x	as long as short
HTX BTC-USDT	+0.0063%	8h	$2.29B	$845.5M	200x	as long as short
Aevo BTC-PERP	+0.0064%	1h	$2.4M	$1.6M	20x	as long as short
MEXC BTC_USDT	+0.0067%	8h	$5.05B	$5.09B	500x	as long as short
Binance BTCUSDT	+0.0067%	8h	$9.52B	$21.65B	150x	as long as short
Kraken Futures PF_XBTUSD	+0.0071%	1h	$185.3M	$816.7M	100x	as long as short
Paradex BTC-USD-PERP	+0.0087%	8h	$4.4M	$6.6M	50x	as long as short
Lighter BTC	+0.0096%	1h	$172.1M	$925.3M	50x	as long as short
Lighter RH BTC	+0.0096%	1h	$24.7M	$138.2M	50x	as long as short
Popdex BTCUSDT	+0.0096%	1h	$8.5M	$45.3M	100x	as long as short
Katana Perps BTC-USD	+0.0100%	8h	$192K	$5.4M	50x	as long as short
Nado BTC-PERP	+0.0100%	1h	$23.8M	$229.9M	50x	as long as short
Pacifica BTC	+0.0100%	1h	$36.5M	$344.9M	50x	as long as short
Bybit BTCUSDT	+0.0100%	8h	$5.16B	$8.47B	150x	as long as short
Ondo Perps BTC-USD.P	+0.0100%	1h	$3.9M	$16.3M	25x	as long as short
Arcus BTC-USD	+0.0100%	1h	$5.8M	$83.3M	40x	as long as short
Bulk BTC-USD	+0.0100%	1h	$548.9M	$98.1M	40x	as long as short
Backpack BTC_USDC_PERP	+0.0100%	1h	$38.9M	$106.2M	75x	as long as short
Variational Omni BTC	+0.0100%	8h	$169.3M	$508.3M	—	as long as short
StandX BTC-USD	+0.0100%	1h	$30.6M	$232.3M	40x	as long as short
Vest BTC-PERP	+0.0100%	1h	—	$12.4M	50x	as long as short
Polymarket Perps BTC-USD	+0.0100%	1h	$10.9M	$11.6M	50x	as long as short
Bullet BTC-USD	+0.0100%	1h	$242K	$3.3M	20x	as long as short
Orderly PERP_BTC_USDC	+0.0100%	8h	$2.4M	$7.2M	100x	as long as short
Bluefin BTC-PERP	+0.0100%	1h	$144K	$406K	40x	as long as short
Derive BTC-PERP	+0.0100%	1h	$30.1M	$59.1M	15x	as long as short
SunX BTC-USDT	+0.0100%	8h	$3.3M	$6.0M	100x	as long as short
Extended BTC-USD	+0.0104%	1h	$48.7M	$209.3M	50x	as long as short
Jupiter Perps WBTC-PERP	L +0.0104% / S +0.0048%	1h	—	$89.3M	500x	as long as short
Coinbase International BTC-PERP-INTX	+0.0104%	1h	$150.7M	$6.23B	50x	as long as short
Kalshi KXBTCPERP	+0.0104%	8h	$11.9M	$570.2M	6.4x	as long as short
Injective BTC/USDC PERP	+0.0108%	1h	$305K	$27.0M	52x	as long as short
RISEx BTC/USDCshort	+0.0128%	1h	$8.3M	$38.8M	25x
GMX BTC/USD [WBTC.b-USDC]	L +0.0198% / S −0.0176%	1h	$12.5M	—	200x	as long as short
Hibachi BTC/USDT-P	+0.0224%	1h	$633K	$7.3M	30x	as long as short
Hyperliquid BTC	+0.0228%	1h	$3.89B	$4.39B	40x	as long as short
Deribit BTC-PERPETUAL	+0.0330%	1h	$894.4M	$1.08B	50x	as long as short