Funding you earn now, next payment 02:00 UTC+0.0069%/8h= +7.5% APRpaid last 24h +0.024%
Price spread now: HTX against dYdX+0.063%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$230.229% of the position
Funding, last 7 days+0.103%+$10 on $10k
+Price spread, last 3 days (all we have)−0.123%−$12 · spread now +0.063%, 7d avg −0.026%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and HTX is 0.089% dearer against dYdX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX BTC-USD | 85,542 | 0 | get 0.0000% / 1h | 39m 02s | $16.7M | $21.0M | 50x |
| Short | HTX BTC-USDT | 85,596.1 | 0.0069 | get 0.0069% / 8h | 6h 39m | $2.27B | $972.0M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against dYdX. 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
- $14.39
- Price spread: +0.063% → −0.026%
- $8.93
- Slippage, 4 orders
- −$0.95
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $0.37
- Costs to cover
- 0.229%
- Break-even
- 6.8 days
Slippage from dYdX: live order book, just now; HTX: live order book, 5 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 dYdX live order book, just now | 0.29 bp | 5.5 bp −$5 | 10.2 bp −$102 | 16.0 bp −$1,599 | 19.8 bp −$9,915 |
| Sell HTX live order book, 5 min ago | 0.01 bp | 6.0 bp −$6 | 6.0 bp −$60 | 7.5 bp −$749 | 10.5 bp −$5,274 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0144% | 1h | 85,678 | +0.159% | $2.2M | $10.5M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,478 | −0.075% | $8K | $3K | 50x | as long as short |
| BloFin BTC-USDT | −0.0078% | 8h | 85,853 | +0.364% | $415.8M | $658.2M | 150x | as long as short |
| 01 Exchange BTCUSD | −0.0056% | 1h | 85,528 | −0.016% | $363K | $2.3M | 50x | as long as short |
| dYdX BTC-USDlong | 0.0000% | 1h | 85,542 | long leg | $16.7M | $21.0M | 50x | |
| Perpl BTC | 0.0000% | 43m | 85,594.8 | +0.062% | $516K | $21.1M | 6.7x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,616.9 | +0.088% | $36.6M | — | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0020% | 1h | 85,573 | +0.036% | $340K | $26.9M | 52x | as long as short |
| Aster BTCUSDT | +0.0032% | 8h | 85,608.9 | +0.078% | $496.5M | $1.14B | 200x | as long as short |
| KuCoin XBTUSDTM | +0.0038% | 8h | 85,594.3 | +0.061% | $897.1M | $757.5M | 125x | as long as short |
Show all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx BTC/USDC | +0.0044% | 1h | 85,550.8 | +0.010% | $7.9M | $42.7M | 25x | as long as short |
| BingX BTC-USDT | +0.0054% | 8h | 85,617.9 | +0.089% | — | $1.59B | — | as long as short |
| Reya BTCRUSDPERP | +0.0055% | 1h | 85,595.6 | +0.063% | $6.7M | $146.2M | 40x | as long as short |
| Bitget BTCUSDT | +0.0068% | 8h | 85,577.2 | +0.041% | $2.94B | $5.17B | 150x | as long as short |
| HTX BTC-USDTshort | +0.0069% | 8h | 85,596.1 | +0.063% | $2.27B | $972.0M | 200x | |
| Gate BTC_USDT | +0.0074% | 8h | 85,612.2 | +0.082% | $5.61B | $10.44B | 200x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 85,604.7 | +0.073% | $2.5M | $1.8M | 20x | as long as short |
| Nado BTC-PERP | +0.0081% | 1h | 85,548.8 | +0.008% | $22.7M | $230.4M | 50x | as long as short |
| MEXC BTC_USDT | +0.0086% | 8h | 85,582 | +0.047% | $5.07B | $5.70B | 500x | as long as short |
| Binance BTCUSDT | +0.0087% | 8h | 85,600.8 | +0.069% | $9.31B | $24.72B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,622.1 | +0.094% | $169.3M | $983.9M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,627.2 | +0.100% | $23.1M | $145.7M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,536 | −0.007% | $8.4M | $52.6M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,510 | −0.037% | $205K | $7.5M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,587.5 | +0.053% | $3.8M | $8.6M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,675 | +0.156% | $3.77B | $4.98B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,581.3 | +0.046% | $40.7M | $569.7M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,595.5 | +0.063% | $5.27B | $9.89B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,570.9 | +0.034% | $2.53B | $12.58B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,535 | −0.008% | $3.9M | $17.9M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,523.5 | −0.022% | $7.3M | $98.5M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,604 | +0.073% | $35.1M | $163.6M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,634.2 | +0.108% | $157.4M | $554.3M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,806 | +0.309% | $278.1M | $938.4M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,648.7 | +0.125% | $215.0M | $166.7M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,842.7 | +0.352% | $140.4M | $321.1M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,444 | −0.115% | $30.2M | $208.2M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,628.2 | +0.101% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,595 | +0.062% | $11.0M | $14.3M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,603.2 | +0.072% | $191K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,604.2 | +0.073% | $2.4M | $9.1M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,647.2 | +0.123% | $186K | $709K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,617.4 | +0.088% | $30.0M | $57.4M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,564.5 | +0.026% | $2.9M | $6.6M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,617 | +0.088% | $59.9M | $337.7M | 40x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,611.4 | +0.081% | $153.7M | $481.5M | 150x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,804.9 | +0.307% | $582.3M | $118.5M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,561.5 | +0.023% | $44.7M | $228.0M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,548.4 | +0.008% | — | $102.7M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,632.2 | +0.105% | $130.7M | $5.27B | 50x | as long as short |
| Hibachi BTC/USDT-P | +0.0136% | 1h | 85,448.1 | −0.110% | $696K | $7.9M | 30x | as long as short |
| Deribit BTC-PERPETUAL | +0.0146% | 1h | 85,654.1 | +0.131% | $893.5M | $1.55B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0146% | 1h | 85,639.2 | +0.114% | $187.8M | $973.8M | 100x | as long as short |
| Aftermath Perps BTCUSD | +0.0151% | 1h | 85,699.2 | +0.184% | $78K | $219K | 20x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0204% / S −0.0192% | 1h | 85,605.7 | +0.074% | $13.6M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0206% | 8h | 85,587 | +0.053% | $10.2M | $771.6M | 6.4x | as long as short |
HTX BTC-USDT
Phoenix BTC
BloFin BTC-USDT
01 Exchange BTCUSD
gTrade (Gains Network) BTC/USD
Injective BTC/USDC PERP
Aster BTCUSDT
KuCoin XBTUSDTM
RISEx BTC/USDC
BingX BTC-USDT
Bitget BTCUSDT
Gate BTC_USDT
MEXC BTC_USDT
Binance BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Polymarket Perps BTC-USD
Bullet BTC-USD
Bluefin BTC-PERP
Derive BTC-PERP
SunX BTC-USDT
SoDEX BTC-USD
Phemex BTCUSDT
Bulk BTC-USD
Extended BTC-USD
Coinbase International BTC-PERP-INTX
Deribit BTC-PERPETUAL
Kraken Futures PF_XBTUSD
Aftermath Perps BTCUSD
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP