Funding you earn now, next payment 10:00 UTC+0.0068%/8h= +7.5% APRnext payment +$0.09 per $10,000 · paid last 24h +0.031%
Price spread now: Pacifica against dYdX−0.005%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$270.271% of the position
Funding, last 7 days+0.165%+$17 on $10k
+Price spread, last 7 days−0.003%$0 · spread now −0.005%, 7d avg +0.028%
=Together, before fees+0.162%+ Points / potential airdropPacifica: Active · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.033% cheaper against dYdX than usual: you would sell low and buy high (spread −0.005% now, against its 7-day average of +0.028%). If the spread goes back, that is −$3 on $10k: about 38 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX BTC-USD | 86,197.2 | 0.0032 | pay 0.0004% / 1h | 59m 01s | $16.9M | $17.6M | 50x |
| Short | Pacifica BTC | 86,193.2 | 0.0100 | get 0.0013% / 1h | 59m 01s | $40.7M | $587.4M | 50x |
dYdX BTC-USD
Pacifica BTCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $14.33
- Price spread: −0.005% → +0.028%
- −$3.28
- Slippage, 4 orders
- −$9.12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$16.08
- Costs to cover
- 0.271%
- Break-even
- 14.9 days
Slippage from dYdX: live order book, 5 min ago; Pacifica: 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, 5 min ago | 4.11 bp | 9.7 bp −$10 | 10.4 bp −$104 | 12.0 bp −$1,205 | 15.3 bp −$7,673 |
| Sell Pacifica live order book, 5 min ago | 0.06 bp | 4.2 bp −$4 | 4.5 bp −$45 | doesn't fit | doesn't fit |
BTC on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,180 | −0.020% | $8K | $2K | 50x | as long as short |
| Injective BTC/USDC PERP | −0.0065% | 1h | 86,198 | +0.001% | $301K | $25.0M | 52x | as long as short |
| 01 Exchange BTCUSD | −0.0056% | 1h | 86,151.8 | −0.053% | $359K | $2.1M | 50x | as long as short |
| BloFin BTC-USDT | −0.0020% | 8h | 86,080 | −0.136% | $422.6M | $624.5M | 150x | as long as short |
| SoDEX BTC-USD | −0.0017% | 1h | 86,081 | −0.135% | $60.2M | $257.8M | 40x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 86,207.1 | +0.012% | $36.9M | — | 200x | as long as short |
| dYdX BTC-USDlong | +0.0032% | 1h | 86,197.2 | long leg | $16.9M | $17.6M | 50x | |
| KuCoin XBTUSDTM | +0.0035% | 8h | 86,096.2 | −0.117% | $937.2M | $666.4M | 125x | as long as short |
| Bybit BTCUSDT | +0.0039% | 8h | 86,088.5 | −0.126% | $5.11B | $9.02B | 150x | as long as short |
| BingX BTC-USDT | +0.0045% | 8h | 86,095.8 | −0.118% | — | $1.46B | — | as long as short |
Hotstuff BTC-PERP
Injective BTC/USDC PERP
01 Exchange BTCUSD
BloFin BTC-USDT
SoDEX BTC-USD
gTrade (Gains Network) BTC/USD
KuCoin XBTUSDTM
Bybit BTCUSDT
BingX BTC-USDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BTCUSDT | +0.0048% | 8h | 86,094.4 | −0.119% | $504.0M | $971.7M | 200x | as long as short |
| Phemex BTCUSDT | +0.0070% | 8h | 86,082.8 | −0.133% | $167.6M | $497.3M | 150x | as long as short |
| Phoenix BTC | +0.0075% | 1h | 86,213 | +0.018% | $2.3M | $8.2M | 40x | as long as short |
| Bullet BTC-USD | +0.0094% | 1h | 86,109 | −0.102% | $205K | $3.3M | 20x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,093.1 | −0.121% | $173.4M | $865.4M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,095.4 | −0.118% | $23.3M | $120.7M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,153 | −0.051% | $8.8M | $52.2M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 86,077.1 | −0.139% | $2.4M | $6.7M | 20x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,135 | −0.072% | $230K | $8.2M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,190.4 | −0.008% | $6.1M | $8.6M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,146.6 | −0.059% | $21.8M | $210.4M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,172 | −0.029% | $3.87B | $4.75B | 40x | as long as short |
| Pacifica BTCshort | +0.0100% | 1h | 86,193.2 | −0.005% | $40.7M | $587.4M | 50x | |
| Binance BTCUSDT | +0.0100% | 8h | 86,095.7 | −0.118% | $9.48B | $23.03B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,089.6 | −0.125% | $2.62B | $10.74B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,167 | −0.035% | $4.0M | $16.4M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,189.5 | −0.009% | $4.7M | $93.6M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,176.9 | −0.024% | $711.8M | $175.1M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 86,100.2 | −0.112% | $5.47B | $9.01B | 200x | as long as short |
| MEXC BTC_USDT | +0.0100% | 8h | 86,081.6 | −0.134% | $5.11B | $5.25B | 500x | as long as short |
| Bitget BTCUSDT | +0.0100% | 8h | 86,082.9 | −0.133% | $2.98B | $4.53B | 150x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,078.4 | −0.138% | $37.1M | $188.7M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,123.1 | −0.086% | $158.4M | $509.2M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,177.4 | −0.023% | $290.1M | $989.4M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,189.5 | −0.009% | $216.5M | $141.9M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,191.9 | −0.006% | $137.2M | $302.0M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,171 | −0.030% | $30.3M | $212.5M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,220.8 | +0.027% | — | $10.5M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,150 | −0.055% | $11.0M | $13.5M | 50x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,090.1 | −0.124% | $2.6M | $9.4M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 86,129.4 | −0.079% | $195K | $660K | 40x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,126 | −0.083% | $3.2M | $7.0M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 86,080.1 | −0.136% | $2.27B | $911.0M | 200x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0102% | 1h | 86,098.9 | −0.114% | $188.6M | $866.3M | 100x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,054.9 | −0.165% | $46.4M | $219.5M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,207.1 | +0.011% | — | $93.4M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0120% | 1h | 86,121.1 | −0.088% | $112.6M | $5.24B | 50x | as long as short |
| Reya BTCRUSDPERP | +0.0154% | 1h | 86,102.6 | −0.110% | $6.6M | $131.8M | 40x | as long as short |
| Kalshi KXBTCPERP | +0.0184% | 8h | 86,177 | −0.023% | $11.0M | $726.8M | 6.4x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0200% / S −0.0185% | 1h | 86,193.4 | −0.004% | $13.3M | — | 200x | as long as short |
| RISEx BTC/USDC | +0.0204% | 1h | 86,126.7 | −0.082% | $8.9M | $40.6M | 25x | as long as short |
| Deribit BTC-PERPETUAL | +0.0263% | 1h | 86,146.4 | −0.059% | $840.2M | $1.61B | 50x | as long as short |
| Hibachi BTC/USDT-P | +0.0280% | 1h | 86,226.6 | +0.034% | $697K | $7.4M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0413% | 1h | 86,199.7 | +0.003% | $80K | $254K | 20x | as long as short |
| Perpl BTC | +0.0447% | 43m | 86,117.5 | −0.092% | $494K | $16.3M | 6.7x | as long as short |
Aster BTCUSDT
Phemex BTCUSDT
Phoenix BTC
Bullet BTC-USD
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Aevo BTC-PERP
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Nado BTC-PERP
Hyperliquid BTC
Binance BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Gate BTC_USDT
MEXC BTC_USDT
Bitget BTCUSDT
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
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
SunX BTC-USDT
HTX BTC-USDT
Kraken Futures PF_XBTUSD
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Reya BTCRUSDPERP
Kalshi KXBTCPERP
GMX BTC/USD [WBTC.b-USDC]
RISEx BTC/USDC
Deribit BTC-PERPETUAL
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD
Perpl BTC