Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.032%
Price spread now: Katana Perps against edgeX+0.054%7-day average +0.006% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.163%+$16 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now +0.054%, 7d avg +0.006%
=Together, before fees+0.124%+ Points / potential airdropedgeX: Active · farm board+$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Katana Perps is 0.048% dearer against edgeX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX BTCUSDC | 86,522.6 | 0.0100 | pay 0.0050% / 4h | 1h 47m | $279.4M | $942.8M | 100x |
| Short | Katana Perps BTC-USD | 86,569 | 0.0100 | get 0.0100% / 8h | 1h 47m | $206K | $6.9M | 50x |
edgeX BTCUSDC
Katana Perps BTC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps against edgeX. 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
- −$0.04
- Price spread: +0.054% → +0.006%
- $4.79
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- −$8.05
- Costs to cover
- 0.128%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 2 min ago; Katana Perps: 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 edgeX live order book, 2 min ago | 0.02 bp | 4.5 bp −$5 | 4.5 bp −$45 | 4.7 bp −$475 | 5.6 bp −$2,809 |
| Sell Katana Perps no order-book sample | — | — | — | — | — |
Katana Perps: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin BTC-PERP | −0.1760% | 1h | 86,556.4 | +0.039% | $140K | $618K | 40x | as long as short |
| Aftermath Perps BTCUSD | −0.0191% | 1h | 86,577.1 | +0.063% | $79K | $199K | 20x | as long as short |
| Phoenix BTC | −0.0159% | 1h | 86,518 | −0.005% | $2.2M | $11.8M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,570 | +0.055% | $9K | $3K | 50x | as long as short |
| dYdX BTC-USD | −0.0019% | 1h | 86,587.1 | +0.075% | $17.5M | $20.3M | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0008% | 1h | 86,596.3 | +0.085% | $359K | $2.4M | 50x | as long as short |
| Aster BTCUSDT | −0.0008% | 8h | 86,558.5 | +0.041% | $505.3M | $1.15B | 200x | as long as short |
| Perpl BTC | 0.0000% | 43m | 86,585.6 | +0.073% | $418K | $24.1M | 6.7x | as long as short |
| KuCoin XBTUSDTM | +0.0003% | 8h | 86,572.5 | +0.058% | $851.6M | $708.7M | 125x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 86,558.9 | +0.042% | $36.8M | — | 200x | as long as short |
Bluefin BTC-PERP
Aftermath Perps BTCUSD
Phoenix BTC
Hotstuff BTC-PERP
dYdX BTC-USD
01 Exchange BTCUSD
Aster BTCUSDT
Perpl BTC
KuCoin XBTUSDTM
gTrade (Gains Network) BTC/USDShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx BTC/USDC | +0.0006% | 1h | 86,579.4 | +0.066% | $8.6M | $43.2M | 25x | as long as short |
| Hibachi BTC/USDT-P | +0.0016% | 1h | 86,550.4 | +0.032% | $727K | $8.1M | 30x | as long as short |
| Reya BTCRUSDPERP | +0.0022% | 1h | 86,550.4 | +0.032% | $6.7M | $144.7M | 40x | as long as short |
| Injective BTC/USDC PERP | +0.0024% | 1h | 86,559 | +0.042% | $315K | $26.8M | 52x | as long as short |
| Phemex BTCUSDT | +0.0026% | 8h | 86,532.8 | +0.012% | $149.6M | $472.9M | 150x | as long as short |
| BingX BTC-USDC | +0.0030% | 8h | 86,540.4 | +0.021% | — | $15.3M | — | as long as short |
| Bitget BTCUSDT | +0.0040% | 8h | 86,534.5 | +0.014% | $2.95B | $5.08B | 150x | as long as short |
| Deribit BTC-PERPETUAL | +0.0043% | 1h | 86,573.8 | +0.059% | $925.2M | $1.47B | 50x | as long as short |
| Aevo BTC-PERP | +0.0056% | 1h | 86,532.1 | +0.011% | $2.4M | $1.3M | 20x | as long as short |
| MEXC BTC_USDT | +0.0058% | 8h | 86,538.9 | +0.019% | $5.19B | $5.62B | 500x | as long as short |
| Binance BTCUSDT | +0.0058% | 8h | 86,539.7 | +0.020% | $9.42B | $24.35B | 150x | as long as short |
| SoDEX BTC-USD | +0.0073% | 1h | 86,533 | +0.012% | $60.5M | $336.8M | 40x | as long as short |
| Gate BTC_USDT | +0.0084% | 8h | 86,529.5 | +0.008% | $5.85B | $10.63B | 200x | as long as short |
| Popdex BTCUSDT | +0.0088% | 1h | 86,583 | +0.070% | $8.5M | $52.2M | 100x | as long as short |
| Bybit BTCUSDT | +0.0088% | 8h | 86,537.6 | +0.017% | $5.27B | $9.72B | 150x | as long as short |
| Nado BTC-PERP | +0.0092% | 1h | 86,569.2 | +0.054% | $21.7M | $233.5M | 50x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,574.5 | +0.060% | $172.3M | $998.4M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,587.5 | +0.075% | $24.0M | $151.6M | 50x | as long as short |
| Katana Perps BTC-USDshort | +0.0100% | 8h | 86,569 | +0.054% | $206K | $6.9M | 50x | |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,609.7 | +0.101% | $4.7M | $8.3M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,628 | +0.122% | $3.81B | $5.09B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,600.9 | +0.090% | $40.9M | $504.7M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,536 | +0.015% | $2.55B | $12.69B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,572 | +0.057% | $3.9M | $18.6M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,648.3 | +0.145% | $7.4M | $93.9M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,527.4 | +0.006% | $571.7M | $19.3M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,523.4 | +0.001% | $38.2M | $153.0M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,521.5 | −0.001% | $156.7M | $571.1M | — | as long as short |
| edgeX BTCUSDClong | +0.0100% | 4h | 86,522.6 | long leg | $279.4M | $942.8M | 100x | |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,535.2 | +0.015% | $217.1M | $182.2M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,530.4 | +0.009% | $141.4M | $322.9M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,556 | +0.039% | $30.7M | $203.1M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,616.2 | +0.108% | — | $11.6M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,580 | +0.066% | $11.1M | $13.6M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,539.9 | +0.020% | $193K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,544.2 | +0.025% | $2.4M | $8.6M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,537 | +0.017% | $30.0M | $61.6M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,549.5 | +0.031% | $3.4M | $5.4M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 86,512.2 | −0.012% | $2.30B | $959.1M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,516.8 | −0.007% | $46.4M | $225.0M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,556.2 | +0.039% | — | $98.7M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 86,574 | +0.059% | $132.1M | $5.74B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0121% | 1h | 86,565.4 | +0.049% | $191.3M | $936.7M | 100x | as long as short |
| BloFin BTC-USDT | +0.0179% | 8h | 86,543.4 | +0.024% | $415.3M | $654.6M | 150x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0180% / S −0.0208% | 1h | 86,554 | +0.036% | $15.1M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0188% | 8h | 86,559 | +0.042% | $9.6M | $725.9M | 6.4x | as long as short |
RISEx BTC/USDC
Hibachi BTC/USDT-P
Reya BTCRUSDPERP
Injective BTC/USDC PERP
Phemex BTCUSDT
BingX BTC-USDC
Bitget BTCUSDT
Deribit BTC-PERPETUAL
Aevo BTC-PERP
MEXC BTC_USDT
Binance BTCUSDT
SoDEX BTC-USD
Gate BTC_USDT
Popdex BTCUSDT
Bybit BTCUSDT
Nado BTC-PERP
Lighter BTC
Lighter RH BTC
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Backpack BTC_USDC_PERP
Variational Omni BTC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Derive BTC-PERP
SunX BTC-USDT
HTX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
BloFin BTC-USDT
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP