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

BTC

all BTC markets
SwapPrice view
Alert
Funding spread now, next payment 16:00 UTC−0.0107%/8h
next payment, per $10,000$1.07paid, last 24h−0.012%paid, last 7 days−0.007%to open and close $10k−$21
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BTCUSDT86,120.50.0100pay 0.0100% / 8h47m 58s$5.15B$8.36B150x
ShortBingX BTC-USDC86,123.6−0.0007pay 0.0007% / 8h47m 58s$14.7M

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$22.47
Slippage, 4 orders
−$0.05
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$43.52
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; BingX: live order book, 12 min ago.

Price risk

price view
Price gap now
+0.004%
Avg gap 7d
−0.040%
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 Bybit live order book, 3 min ago0.01 bp5.5 bp −$65.5 bp −$556.0 bp −$6017.5 bp −$3,755
Sell BingX live order book, 12 min ago0.02 bp5.0 bp −$55.7 bp −$576.9 bp −$6867.9 bp −$3,941

BTC on 55 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Perpl BTC−0.0223%43m$447K$30.1M6.7xas long as short
edgeX BTCUSDC−0.0120%4h$278.5M$856.7M100xas long as short
01 Exchange BTCUSD−0.0096%1h$282K$2.4M50xas long as short
Phoenix BTC−0.0086%1h$2.0M$10.8M40xas long as short
Hotstuff BTC-PERP−0.0080%1h$9K$3K50xas long as short
Aftermath Perps BTCUSD−0.0076%1h$87K$154K20xas long as short
Reya BTCRUSDPERP−0.0024%1h$6.7M$137.5M40xas long as short
Phemex BTCUSDT−0.0024%8h$157.8M$394.8M150xas long as short
Gate BTC_USDT−0.0009%8h$6.15B$9.19B200xas long as short
BingX BTC-USDCshort−0.0007%8h$14.7M
Show all 55 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget BTCUSDT−0.0005%8h$2.96B$4.61B150xas long as short
dYdX BTC-USD0.0000%1h$16.9M$16.4M50xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h$36.9M200xas long as short
OKX BTC-USDT-SWAP+0.0034%8h$2.62B$11.46B100xas long as short
BloFin BTC-USDT+0.0037%8h$430.2M$535.2M150xas long as short
ApeX Omni BTCUSDT+0.0046%1h$139.5M$318.3M100xas long as short
Aster BTCUSDT+0.0050%8h$489.5M$1.11B200xas long as short
KuCoin XBTUSDTM+0.0051%8h$792.6M$614.6M125xas long as short
HTX BTC-USDT+0.0056%8h$2.30B$820.2M200xas long as short
Kraken Futures PF_XBTUSD+0.0071%1h$183.7M$802.4M100xas long as short
SoDEX BTC-USD+0.0078%1h$61.1M$283.2M40xas long as short
MEXC BTC_USDT+0.0079%8h$5.00B$4.97B500xas long as short
Binance BTCUSDT+0.0080%8h$9.61B$21.28B150xas long as short
Aevo BTC-PERP+0.0080%1h$2.4M$1.6M20xas long as short
Paradex BTC-USD-PERP+0.0082%8h$4.4M$6.6M50xas long as short
Lighter BTC+0.0096%1h$172.1M$908.5M50xas long as short
Lighter RH BTC+0.0096%1h$25.0M$136.2M50xas long as short
Popdex BTCUSDT+0.0096%1h$8.5M$44.6M100xas long as short
Katana Perps BTC-USD+0.0100%8h$189K$5.4M50xas long as short
Nado BTC-PERP+0.0100%1h$23.5M$230.0M50xas long as short
Pacifica BTC+0.0100%1h$37.1M$342.8M50xas long as short
Bybit BTCUSDTlong+0.0100%8h$5.15B$8.36B150x
Ondo Perps BTC-USD.P+0.0100%1h$3.9M$16.2M25xas long as short
Arcus BTC-USD+0.0100%1h$5.5M$81.6M40xas long as short
Backpack BTC_USDC_PERP+0.0100%1h$39.3M$103.5M75xas long as short
Variational Omni BTC+0.0100%8h$172.0M$502.1Mas long as short
StandX BTC-USD+0.0100%1h$30.8M$239.2M40xas long as short
Vest BTC-PERP+0.0100%1h$12.6M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h$11.0M$11.5M50xas long as short
Bullet BTC-USD+0.0100%1h$245K$3.3M20xas long as short
Orderly PERP_BTC_USDC+0.0100%8h$2.4M$7.1M100xas long as short
Bluefin BTC-PERP+0.0100%1h$144K$405K40xas long as short
Derive BTC-PERP+0.0100%1h$30.3M$58.2M15xas long as short
SunX BTC-USDT+0.0100%8h$3.3M$5.8M100xas long as short
Bulk BTC-USD+0.0100%1h$541.8M$78.7M40xas long as short
Extended BTC-USD+0.0104%1h$48.3M$207.7M50xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h$87.8M500xas long as short
Coinbase International BTC-PERP-INTX+0.0104%1h$150.7M$6.24B50xas long as short
Injective BTC/USDC PERP+0.0108%1h$305K$27.0M52xas long as short
Kalshi KXBTCPERP+0.0109%8h$10.1M$553.4M6.4xas long as short
RISEx BTC/USDC+0.0128%1h$8.5M$38.6M25xas long as short
Hibachi BTC/USDT-P+0.0144%1h$627K$7.3M30xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0174% / S −0.0152%1h$12.4M200xas long as short
Deribit BTC-PERPETUAL+0.0276%1h$882.2M$1.03B50xas long as short
Hyperliquid BTC+0.0306%1h$3.93B$4.31B40xas long as short