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

BTC

all BTC markets
SwapPrice view
Alert
Funding spread now, next payment 18:00 UTC−0.0180%/8h
paid, last 24h−0.015%paid, last 7 days−0.022%to open and close $10k−$18
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International BTC-PERP-INTX86,068.90.0200pay 0.0025% / 1h36m 12s$129.5M$5.85B50x
ShortAster BTCUSDT85,994.50.0020get 0.0020% / 8h5h 36m$505.6M$1.09B200x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$37.9
Slippage, 4 orders
−$0.02
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$55.93
Break-even
never at this rate
Slippage from Coinbase International: live order book, 4 min ago; Aster: live order book, 4 min ago.

Price risk

price view
Price gap now
−0.086%
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 Coinbase International live order book, 4 min ago0.01 bp5.0 bp −$55.0 bp −$505.6 bp −$56310.6 bp −$5,307
Sell Aster live order book, 4 min ago0.01 bp4.0 bp −$44.0 bp −$405.4 bp −$5358.2 bp −$4,082

BTC on 55 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Perpl BTC−0.0447%43m$405K$26.2M6.7xas long as short
Arcus BTC-USD−0.0299%1h$6.7M$86.1M40xas long as short
BloFin BTC-USDT−0.0088%8h$422.3M$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$188.4M$816.3M100xas long as short
Reya BTCRUSDPERP−0.0017%1h$6.8M$138.4M40xas long as short
Injective BTC/USDC PERP−0.0006%1h$309K$27.0M52xas long as short
KuCoin XBTUSDTM−0.0006%8h$806.8M$619.4M125xas long as short
Show all 55 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
dYdX BTC-USD−0.0001%1h$17.2M$18.1M50xas long as short
Kalshi KXBTCPERP0.0000%8h$11.8M$653.6M6.4xas long as short
BingX BTC-USDC+0.0001%8h$14.4Mas long as short
Bitget BTCUSDT+0.0002%8h$2.96B$4.68B150xas long as short
SoDEX BTC-USD+0.0002%1h$61.0M$285.1M40xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h$36.8M200xas long as short
Bulk BTC-USD+0.0008%1h$563.6M$127.9M40xas long as short
Phemex BTCUSDT+0.0009%8h$150.9M$423.6M150xas long as short
Aftermath Perps BTCUSD+0.0016%1h$87K$155K20xas long as short
Aster BTCUSDTshort+0.0020%8h$505.6M$1.09B200x
OKX BTC-USDT-SWAP+0.0027%8h$2.67B$11.60B100xas long as short
MEXC BTC_USDT+0.0031%8h$5.17B$5.11B500xas long as short
RISEx BTC/USDC+0.0031%1h$9.1M$38.7M25xas long as short
Binance BTCUSDT+0.0032%8h$9.49B$22.06B150xas long as short
Aevo BTC-PERP+0.0032%1h$2.4M$1.3M20xas long as short
Bybit BTCUSDT+0.0034%8h$5.28B$8.66B150xas long as short
Gate BTC_USDT+0.0035%8h$6.06B$9.61B200xas long as short
ApeX Omni BTCUSDT+0.0051%1h$140.3M$320.2M100xas long as short
Popdex BTCUSDT+0.0056%1h$8.5M$46.3M100xas long as short
HTX BTC-USDT+0.0072%8h$2.29B$847.0M200xas long as short
Variational Omni BTC+0.0076%8h$170.7M$505.1Mas long as short
Extended BTC-USD+0.0080%1h$48.5M$199.8M50xas long as short
Lighter BTC+0.0096%1h$172.5M$948.5M50xas long as short
Lighter RH BTC+0.0096%1h$24.4M$137.8M50xas long as short
Hibachi BTC/USDT-P+0.0096%1h$755K$6.5M30xas long as short
Paradex BTC-USD-PERP+0.0098%8h$4.4M$6.9M50xas long as short
Orderly PERP_BTC_USDC+0.0099%8h$2.4M$7.4M100xas long as short
Katana Perps BTC-USD+0.0100%8h$201K$5.9M50xas long as short
Nado BTC-PERP+0.0100%1h$23.0M$226.9M50xas long as short
Pacifica BTC+0.0100%1h$36.8M$416.1M50xas long as short
Ondo Perps BTC-USD.P+0.0100%1h$4.0M$17.4M25xas long as short
Backpack BTC_USDC_PERP+0.0100%1h$37.8M$134.9M75xas long as short
edgeX BTCUSDC+0.0100%4h$281.1M$883.1M100xas long as short
StandX BTC-USD+0.0100%1h$30.7M$214.9M40xas long as short
Vest BTC-PERP+0.0100%1h$11.5M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h$11.0M$12.1M50xas long as short
Bullet BTC-USD+0.0100%1h$234K$3.3M20xas long as short
Bluefin BTC-PERP+0.0100%1h$144K$411K40xas long as short
Derive BTC-PERP+0.0100%1h$30.4M$58.9M15xas long as short
SunX BTC-USDT+0.0100%8h$3.4M$5.8M100xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h$83.9M500xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0172% / S −0.0153%1h$12.7M200xas long as short
Hyperliquid BTC+0.0192%1h$3.97B$4.48B40xas long as short
Coinbase International BTC-PERP-INTXlong+0.0200%1h$129.5M$5.85B50x
Deribit BTC-PERPETUAL+0.0241%1h$915.6M$1.11B50xas long as short