Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%
Price spread now: SoDEX against edgeX+0.053%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$170.171% of the position
Funding, last 3 days (all we have)+0.120%+$12 on $10k
+Price spread, last 3 days (all we have)−0.031%−$3 · spread now +0.053%, 7d avg +0.017%
=Together, before fees+0.089%+ Points / potential airdropedgeX: Active · farm board+$9 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: SoDEX is 0.036% dearer against edgeX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX BTCUSDC | 85,614.3 | 0.0100 | pay 0.0050% / 4h | 2h 17m | $278.4M | $941.4M | 100x |
| Short | SoDEX BTC-USD | 85,660 | 0.0100 | get 0.0013% / 1h | 17m 03s | $60.0M | $337.0M | 40x |
edgeX BTCUSDC
SoDEX BTC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- Price spread: +0.053% → +0.017%
- $3.64
- Slippage, 4 orders
- −$0.15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$13.5
- Costs to cover
- 0.171%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 2 min ago; SoDEX: live order book, 2 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 edgeX live order book, 2 min ago | 0.01 bp | 4.5 bp −$5 | 4.5 bp −$45 | 4.8 bp −$483 | 5.9 bp −$2,966 |
| Sell SoDEX live order book, 2 min ago | 0.06 bp | 4.1 bp −$4 | 4.1 bp −$41 | 5.1 bp −$510 | 44.0 bp −$22.0K |
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 | −0.0144% | 1h | 85,785 | +0.199% | $2.2M | $10.5M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,660 | +0.053% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0064% | 1h | 85,632.6 | +0.021% | $362K | $2.3M | 50x | as long as short |
| dYdX BTC-USD | +0.0002% | 1h | 85,692.4 | +0.091% | $16.8M | $21.0M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,673.6 | +0.069% | $36.7M | — | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0020% | 1h | 85,691 | +0.090% | $340K | $26.9M | 52x | as long as short |
| KuCoin XBTUSDTM | +0.0031% | 8h | 85,649.2 | +0.041% | $900.5M | $753.5M | 125x | as long as short |
| Aster BTCUSDT | +0.0033% | 8h | 85,651.2 | +0.043% | $515.9M | $1.14B | 200x | as long as short |
| RISEx BTC/USDC | +0.0044% | 1h | 85,667.3 | +0.062% | $8.2M | $42.1M | 25x | as long as short |
| Nado BTC-PERP | +0.0044% | 1h | 85,663.2 | +0.057% | $22.6M | $227.4M | 50x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
Injective BTC/USDC PERP
KuCoin XBTUSDTM
Aster BTCUSDT
RISEx BTC/USDC
Nado BTC-PERPShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BTC-USDC | +0.0056% | 8h | 85,640.1 | +0.030% | — | $17.1M | — | as long as short |
| Reya BTCRUSDPERP | +0.0059% | 1h | 85,635.1 | +0.024% | $6.7M | $146.3M | 40x | as long as short |
| HTX BTC-USDT | +0.0061% | 8h | 85,652.2 | +0.044% | $2.27B | $947.6M | 200x | as long as short |
| Bitget BTCUSDT | +0.0070% | 8h | 85,661.4 | +0.055% | $2.95B | $5.08B | 150x | as long as short |
| Binance BTCUSDT | +0.0091% | 8h | 85,655.5 | +0.048% | $9.33B | $24.29B | 150x | as long as short |
| ApeX Omni BTCUSDT | +0.0091% | 1h | 85,637.3 | +0.027% | $140.0M | $318.1M | 100x | as long as short |
| MEXC BTC_USDT | +0.0092% | 8h | 85,661 | +0.055% | $5.08B | $5.75B | 500x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,671.9 | +0.067% | $170.5M | $992.8M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,681.4 | +0.078% | $23.5M | $147.7M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,636 | +0.025% | $8.4M | $51.9M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,655.3 | +0.048% | $2.5M | $1.8M | 20x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,616 | +0.002% | $202K | $7.5M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,637.8 | +0.027% | $3.8M | $8.4M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,732 | +0.137% | $3.76B | $4.98B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,692 | +0.091% | $40.8M | $571.9M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,675 | +0.071% | $5.31B | $9.74B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,672.8 | +0.068% | $2.54B | $12.34B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,652 | +0.044% | $3.9M | $18.3M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,616 | +0.002% | $7.2M | $97.6M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,744.8 | +0.152% | $590.5M | $195.3M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,665.3 | +0.060% | $5.59B | $10.57B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,650.5 | +0.042% | $35.3M | $165.7M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,688 | +0.086% | $156.6M | $555.8M | — | as long as short |
| edgeX BTCUSDClong | +0.0100% | 4h | 85,614.3 | long leg | $278.4M | $941.4M | 100x | |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,656.6 | +0.049% | $214.9M | $164.7M | 50x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,624.3 | +0.012% | $30.3M | $208.8M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,702.1 | +0.103% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,655 | +0.048% | $11.0M | $14.2M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,663 | +0.057% | $187K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,656.2 | +0.049% | $2.4M | $9.1M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,701.5 | +0.102% | $186K | $708K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,661.5 | +0.055% | $30.0M | $56.0M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,628.8 | +0.017% | $2.9M | $6.6M | 100x | as long as short |
| SoDEX BTC-USDshort | +0.0100% | 1h | 85,660 | +0.053% | $60.0M | $337.0M | 40x | |
| Phemex BTCUSDT | +0.0100% | 8h | 85,668 | +0.063% | $153.3M | $480.8M | 150x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,643.1 | +0.034% | $44.0M | $227.9M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,652.6 | +0.045% | — | $101.9M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,704 | +0.105% | $131.2M | $5.15B | 50x | as long as short |
| Hibachi BTC/USDT-P | +0.0144% | 1h | 85,671.4 | +0.067% | $694K | $7.8M | 30x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0146% | 1h | 85,692.5 | +0.091% | $187.9M | $963.6M | 100x | as long as short |
| Aftermath Perps BTCUSD | +0.0171% | 1h | 85,703 | +0.104% | $78K | $219K | 20x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0203% / S −0.0189% | 1h | 85,670.8 | +0.066% | $13.5M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0212% | 8h | 85,676 | +0.072% | $10.3M | $770.1M | 6.4x | as long as short |
| Deribit BTC-PERPETUAL | +0.0219% | 1h | 85,710.9 | +0.113% | $894.7M | $1.54B | 50x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,666.2 | +0.061% | $513K | $20.5M | 6.7x | as long as short |
BingX BTC-USDC
Reya BTCRUSDPERP
HTX BTC-USDT
Bitget BTCUSDT
Binance BTCUSDT
ApeX Omni BTCUSDT
MEXC BTC_USDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Aevo BTC-PERP
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
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
GRVT BTC_USDT_Perp
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
Derive BTC-PERP
SunX BTC-USDT
Phemex BTCUSDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Hibachi BTC/USDT-P
Kraken Futures PF_XBTUSD
Aftermath Perps BTCUSD
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
Deribit BTC-PERPETUAL
Perpl BTC