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

BTC

all BTC markets
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Funding spread now, next payment 16:00 UTC+0.0339%/8h
paid, last 24h+0.043%paid, last 7 days+0.205%to open and close $10k−$23
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.205% in total (about 10.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BTCUSDC85,165.5−0.0119get 0.0060% / 4h3h 31m$283.3M$706.5M100x
ShortBloFin BTC-USDT84,976.70.0220get 0.0220% / 8h3h 31m$416.2M$379.9M150x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$71.23
Slippage, 4 orders
−$1.63
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
$48.6
Break-even
2.2 days
Slippage from edgeX: live order book, 4 min ago; BloFin: live order book, 4 min ago.

Price risk

price view
Price gap now
−0.222%
Avg gap 7d
+0.025%
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 edgeX live order book, 4 min ago0.07 bp4.6 bp −$54.6 bp −$464.7 bp −$4735.6 bp −$2,816
Sell BloFin live order book, 4 min ago0.63 bp6.9 bp −$77.1 bp −$717.5 bp −$7528.1 bp −$4,062

BTC on 55 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Perpl BTC−0.0335%43m$443K$33.5M6.7xas long as short
edgeX BTCUSDClong−0.0119%4h$283.3M$706.5M100x
Hotstuff BTC-PERP−0.0080%1h$9K$2K50xas long as short
Reya BTCRUSDPERP−0.0062%1h$6.8M$119.4M40xas long as short
Gate BTC_USDT−0.0046%8h$5.93B$7.51B200xas long as short
01 Exchange BTCUSD−0.0032%1h$303K$2.1M50xas long as short
Injective BTC/USDC PERP−0.0021%1h$445K$29.9M52xas long as short
HTX BTC-USDT−0.0019%8h$2.27B$690.5M200xas long as short
Bitget BTCUSDT−0.0004%8h$2.90B$3.84B150xas long as short
BingX BTC-USDT−0.0003%8h$1.13Bas long as short
Show all 55 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
dYdX BTC-USD0.0000%1h$16.3M$12.6M50xas long as short
Kalshi KXBTCPERP0.0000%8h$9.0M$417.7M6.4xas long as short
gTrade (Gains Network) BTC/USDL +0.0004% / S −0.0004%1h$36.3M200xas long as short
SoDEX BTC-USD+0.0016%1h$61.2M$208.0M40xas long as short
ApeX Omni BTCUSDT+0.0025%1h$136.3M$312.7M100xas long as short
Phemex BTCUSDT+0.0054%8h$171.1M$338.1M150xas long as short
SunX BTC-USDT+0.0056%8h$3.3M$5.0M100xas long as short
Aster BTCUSDT+0.0078%8h$479.5M$839.3M200xas long as short
Phoenix BTC+0.0080%1h$1.5M$11.2M40xas long as short
Backpack BTC_USDC_PERP+0.0085%1h$40.3M$95.4M75xas long as short
Aftermath Perps BTCUSD+0.0093%1h$83K$144K20xas long as short
Lighter BTC+0.0096%1h$189.3M$740.9M50xas long as short
Lighter RH BTC+0.0096%1h$25.1M$115.7M50xas long as short
Popdex BTCUSDT+0.0096%1h$8.4M$35.5M100xas long as short
Aevo BTC-PERP+0.0096%1h$2.4M$1.8M20xas long as short
KuCoin XBTUSDTM+0.0098%8h$809.6M$522.8M125xas long as short
Paradex BTC-USD-PERP+0.0098%8h$4.4M$6.3M50xas long as short
StandX BTC-USD+0.0099%1h$30.6M$252.4M40xas long as short
OKX BTC-USDT-SWAP+0.0099%8h$2.54B$9.55B100xas long as short
Katana Perps BTC-USD+0.0100%8h$234K$4.4M50xas long as short
Nado BTC-PERP+0.0100%1h$25.8M$197.0M50xas long as short
Pacifica BTC+0.0100%1h$37.2M$268.3M50xas long as short
Binance BTCUSDT+0.0100%8h$9.44B$17.24B150xas long as short
Bybit BTCUSDT+0.0100%8h$4.92B$6.82B150xas long as short
Ondo Perps BTC-USD.P+0.0100%1h$3.9M$15.0M25xas long as short
Arcus BTC-USD+0.0100%1h$6.6M$69.5M40xas long as short
MEXC BTC_USDT+0.0100%8h$4.91B$4.10B500xas long as short
Variational Omni BTC+0.0100%8h$173.2M$417.7Mas long as short
Vest BTC-PERP+0.0100%1h$9.6M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h$10.8M$9.4M50xas long as short
Bullet BTC-USD+0.0100%1h$235K$3.3M20xas long as short
Orderly PERP_BTC_USDC+0.0100%8h$2.2M$6.3M100xas long as short
Bluefin BTC-PERP+0.0100%1h$142K$353K40xas long as short
Derive BTC-PERP+0.0100%1h$26.5M$45.4M15xas long as short
Bulk BTC-USD+0.0100%1h$529.8M$139.6M40xas long as short
Extended BTC-USD+0.0104%1h$47.5M$165.8M50xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h$75.6M500xas long as short
RISEx BTC/USDC+0.0116%1h$7.8M$32.9M25xas long as short
Kraken Futures PF_XBTUSD+0.0117%1h$185.3M$664.0M100xas long as short
Coinbase International BTC-PERP-INTX+0.0136%1h$138.6M$5.75B50xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0181% / S −0.0166%1h$11.8M200xas long as short
Deribit BTC-PERPETUAL+0.0200%1h$803.1M$787.2M50xas long as short
BloFin BTC-USDTshort+0.0220%8h$416.2M$379.9M150x
Hibachi BTC/USDT-P+0.0256%1h$691K$7.3M30xas long as short
Hyperliquid BTC+0.0457%1h$3.87B$3.62B40xas long as short