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

BTC

all BTC markets
SwapPrice view
Alert
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 14:00 UTC+0.0071%/8h
paid, last 24h+0.018%paid, last 3 days+0.101%to open and close $10k−$21
Long on gTrade (Gains Network)Short on KuCoin
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) BTC/USD84,907.5L +0.0004% / S −0.0004%pay 0.0001% / 1h28m 02s$36.3M—200x
ShortKuCoin XBTUSDTM84,890.30.0075get 0.0075% / 8h2h 28m$801.2M$549.7M125x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$14.83
Slippage, 4 orders
−$1.54
Fee gTrade (Gains Network): 3.5 bp × 2 orders
−$7
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$5.71
Break-even
9.7 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 3 min ago; KuCoin: live order book, 8 min ago.

Price risk

price view
Price gap now
−0.020%
Avg gap 7d
−0.011%
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 gTrade (Gains Network) virtual book (oracle venue), 3 min ago0.51 bp4.0 bp −$44.1 bp −$414.5 bp −$4466.4 bp −$3,183
Sell KuCoin live order book, 8 min ago0.01 bp6.5 bp −$77.3 bp −$738.6 bp −$864doesn't fit

BTC on 55 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Perpl BTC−0.0447%43m$424K$31.8M6.7xas long as short
ApeX Omni BTCUSDT−0.0174%1h$136.7M$314.0M100xas long as short
edgeX BTCUSDC−0.0113%4h$283.0M$736.9M100xas long as short
Hotstuff BTC-PERP−0.0080%1h$8K$2K50xas long as short
Gate BTC_USDT−0.0049%8h$6.00B$7.88B200xas long as short
Reya BTCRUSDPERP−0.0045%1h$6.8M$130.1M40xas long as short
01 Exchange BTCUSD−0.0040%1h$313K$2.1M50xas long as short
Injective BTC/USDC PERP−0.0036%1h$322K$27.0M52xas long as short
Bitget BTCUSDT−0.0016%8h$2.92B$3.99B150xas long as short
BingX BTC-USDT−0.0015%8h—$1.18B—as long as short
Show all 55 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Aftermath Perps BTCUSD−0.0011%1h$82K$137K20xas long as short
HTX BTC-USDT−0.0004%8h$2.28B$734.5M200xas long as short
SoDEX BTC-USD0.0000%1h$60.8M$233.5M40xas long as short
dYdX BTC-USD0.0000%1h$16.1M$13.5M50xas long as short
Kalshi KXBTCPERP0.0000%8h$8.6M$453.1M6.4xas long as short
gTrade (Gains Network) BTC/USDlongL +0.0004% / S −0.0004%1h$36.3M—200x
Phemex BTCUSDT+0.0029%8h$161.5M$355.2M150xas long as short
Aster BTCUSDT+0.0046%8h$489.4M$874.7M200xas long as short
Backpack BTC_USDC_PERP+0.0052%1h$40.2M$103.4M75xas long as short
Popdex BTCUSDT+0.0064%1h$8.4M$36.6M100xas long as short
OKX BTC-USDT-SWAP+0.0071%8h$2.54B$9.95B100xas long as short
KuCoin XBTUSDTMshort+0.0075%8h$801.2M$549.7M125x
Nado BTC-PERP+0.0076%1h$22.6M$205.7M50xas long as short
Bullet BTC-USD+0.0082%1h$225K$3.3M20xas long as short
StandX BTC-USD+0.0088%1h$30.3M$249.1M40xas long as short
RISEx BTC/USDC+0.0090%1h$8.6M$35.8M25xas long as short
Lighter BTC+0.0096%1h$187.5M$780.6M50xas long as short
Lighter RH BTC+0.0096%1h$24.9M$123.1M50xas long as short
Aevo BTC-PERP+0.0096%1h$2.4M$1.7M20xas long as short
Paradex BTC-USD-PERP+0.0097%8h$4.3M$6.5M50xas long as short
Katana Perps BTC-USD+0.0100%8h$225K$4.5M50xas long as short
Pacifica BTC+0.0100%1h$36.7M$293.1M50xas long as short
Binance BTCUSDT+0.0100%8h$9.50B$18.03B150xas long as short
Bybit BTCUSDT+0.0100%8h$5.03B$7.20B150xas long as short
Ondo Perps BTC-USD.P+0.0100%1h$3.9M$14.9M25xas long as short
Arcus BTC-USD+0.0100%1h$6.8M$73.0M40xas long as short
MEXC BTC_USDT+0.0100%8h$5.06B$4.35B500xas long as short
Variational Omni BTC+0.0100%8h$170.7M$448.6M—as long as short
Vest BTC-PERP+0.0100%1h—$12.5M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h$10.7M$9.8M50xas long as short
Orderly PERP_BTC_USDC+0.0100%8h$2.3M$6.4M100xas long as short
Bluefin BTC-PERP+0.0100%1h$142K$356K40xas long as short
Derive BTC-PERP+0.0100%1h$26.0M$49.7M15xas long as short
SunX BTC-USDT+0.0100%8h$3.3M$5.0M100xas long as short
Bulk BTC-USD+0.0100%1h$531.7M$81.4M40xas long as short
Extended BTC-USD+0.0104%1h$46.9M$174.2M50xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h—$79.7M500xas long as short
Coinbase International BTC-PERP-INTX+0.0120%1h$139.4M$5.87B50xas long as short
Kraken Futures PF_XBTUSD+0.0124%1h$185.9M$703.0M100xas long as short
Phoenix BTC+0.0126%1h$1.5M$10.3M40xas long as short
Hyperliquid BTC+0.0134%1h$3.81B$3.82B40xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0191% / S −0.0196%1h$12.8M—200xas long as short
BloFin BTC-USDT+0.0240%8h$418.9M$404.6M150xas long as short
Hibachi BTC/USDT-P+0.0240%1h$640K$7.5M30xas long as short
Deribit BTC-PERPETUAL+0.0319%1h$829.4M$857.0M50xas long as short