Funding you earn now, next payment 07:00 UTC+0.0131%/8h= +14.3% APRnext payment +$0.16 per $10,000 · paid last 24h +0.001%
Price spread now: Reya against dYdX−0.071%7-day average −0.032% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.083%+$8 on $10k
+Price spread, last 7 days+0.031%+$3 · spread now −0.071%, 7d avg −0.032%
=Together, before fees+0.114%+ Points / potential airdropReya: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.038% cheaper against dYdX than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of −0.032%). If the spread goes back, that is −$4 on $10k: about 23 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX BTC-USD | 85,517.7 | 0.0001 | pay 0.0000% / 1h | 15m 07s | $16.8M | $21.2M | 50x |
| Short | Reya BTCRUSDPERP | 85,457.3 | 0.0132 | get 0.0016% / 1h | 15m 07s | $6.6M | $147.7M | 40x |
dYdX BTC-USD
Reya BTCRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $27.51
- Price spread: −0.071% → −0.032%
- −$3.84
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $7.67
- Costs to cover
- 0.160%
- Break-even
- 5.0 days
Slippage unknown: dYdX: live order book, 9 min ago; Reya: no order-book sample. Net counts fees only.
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, 9 min ago | 0.06 bp | 7.9 bp −$8 | 10.5 bp −$105 | 14.2 bp −$1,422 | 20.9 bp −$10.5K |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0082% | 1h | 85,513 | −0.005% | $2.2M | $10.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,475 | −0.050% | $8K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0038% | 8h | 85,464.7 | −0.062% | $929.7M | $775.5M | 125x | as long as short |
| BloFin BTC-USDT | −0.0021% | 8h | 85,463.7 | −0.063% | $419.8M | $682.3M | 150x | as long as short |
| Aster BTCUSDT | −0.0002% | 8h | 85,469.2 | −0.057% | $513.2M | $1.09B | 200x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 85,481.4 | −0.042% | $353K | $2.4M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 85,500.1 | −0.021% | $490K | $18.4M | 6.7x | as long as short |
| dYdX BTC-USDlong | +0.0001% | 1h | 85,517.7 | long leg | $16.8M | $21.2M | 50x | |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,474.3 | −0.051% | $36.6M | — | 200x | as long as short |
| Nado BTC-PERP | +0.0043% | 1h | 85,487.8 | −0.035% | $24.2M | $222.7M | 50x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
KuCoin XBTUSDTM
BloFin BTC-USDT
Aster BTCUSDT
01 Exchange BTCUSD
Perpl BTC
gTrade (Gains Network) BTC/USD
Nado BTC-PERPShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit BTC-PERPETUAL | +0.0048% | 1h | 85,499.4 | −0.021% | $861.4M | $1.63B | 50x | as long as short |
| Injective BTC/USDC PERP | +0.0057% | 1h | 85,247 | −0.316% | $338K | $26.8M | 52x | as long as short |
| Popdex BTCUSDT | +0.0072% | 1h | 85,497 | −0.024% | $8.5M | $56.7M | 100x | as long as short |
| BingX BTC-USDC | +0.0073% | 8h | 85,448.7 | −0.081% | — | $17.5M | — | as long as short |
| Kraken Futures PF_XBTUSD | +0.0089% | 1h | 85,476.1 | −0.049% | $186.0M | $956.4M | 100x | as long as short |
| Bitget BTCUSDT | +0.0091% | 8h | 85,456.4 | −0.072% | $2.97B | $5.17B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,479.8 | −0.044% | $170.1M | $1.03B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,474.6 | −0.050% | $23.6M | $148.4M | 50x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,454.4 | −0.074% | $2.4M | $6.7M | 20x | as long as short |
| MEXC BTC_USDT | +0.0097% | 8h | 85,462.2 | −0.065% | $5.03B | $5.78B | 500x | as long as short |
| Bybit BTCUSDT | +0.0098% | 8h | 85,451 | −0.078% | $5.14B | $9.99B | 150x | as long as short |
| Binance BTCUSDT | +0.0099% | 8h | 85,457.3 | −0.071% | $9.43B | $24.99B | 150x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,450 | −0.079% | $245K | $8.7M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,530.7 | +0.015% | $5.8M | $9.6M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,545 | +0.032% | $3.75B | $5.08B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,505.8 | −0.014% | $40.1M | $603.8M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,458.1 | −0.070% | $2.60B | $12.24B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,450 | −0.079% | $3.8M | $17.1M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,459.3 | −0.068% | $5.1M | $97.4M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,499.5 | −0.021% | $686.3M | $379.3M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,467.2 | −0.059% | $5.56B | $11.07B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,452.6 | −0.076% | $37.2M | $179.1M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,450.4 | −0.079% | $156.4M | $558.0M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,505.1 | −0.015% | $280.1M | $953.6M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,525 | +0.009% | $214.7M | $164.4M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,519 | +0.002% | $139.8M | $313.5M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,493.1 | −0.029% | $30.1M | $206.3M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,535.1 | +0.020% | — | $10.6M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,468 | −0.058% | $11.0M | $14.6M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,465 | −0.062% | $200K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,462.2 | −0.065% | $2.6M | $9.7M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,500.1 | −0.021% | $194K | $796K | 40x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,455.3 | −0.073% | $2.9M | $6.1M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,458 | −0.070% | $59.8M | $336.7M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,455.2 | −0.073% | $2.26B | $964.1M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,471.1 | −0.054% | $154.6M | $512.1M | 150x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,432.6 | −0.100% | $44.9M | $240.5M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,489.3 | −0.033% | — | $104.8M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,498 | −0.023% | $113.0M | $5.50B | 50x | as long as short |
| Reya BTCRUSDPERPshort | +0.0132% | 1h | 85,457.3 | −0.071% | $6.6M | $147.7M | 40x | |
| Kalshi KXBTCPERP | +0.0183% | 8h | 85,493 | −0.029% | $11.9M | $741.5M | 6.4x | as long as short |
| RISEx BTC/USDC | +0.0193% | 1h | 85,489.5 | −0.033% | $8.8M | $42.6M | 25x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0200% / S −0.0176% | 1h | 85,472.1 | −0.053% | $13.1M | — | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.0224% | 1h | 85,514.1 | −0.004% | $686K | $7.8M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0256% | 1h | 85,501.5 | −0.019% | $79K | $231K | 20x | as long as short |
Deribit BTC-PERPETUAL
Injective BTC/USDC PERP
Popdex BTCUSDT
BingX BTC-USDC
Kraken Futures PF_XBTUSD
Bitget BTCUSDT
Lighter BTC
Lighter RH BTC
Aevo BTC-PERP
MEXC BTC_USDT
Bybit BTCUSDT
Binance BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Gate BTC_USDT
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
Bullet BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
SunX BTC-USDT
SoDEX BTC-USD
HTX BTC-USDT
Phemex BTCUSDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Kalshi KXBTCPERP
RISEx BTC/USDC
GMX BTC/USD [WBTC.b-USDC]
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD