Funding you earn now, next payment 09:00 UTC+0.0180%/8h= +19.7% APRpaid last 24h +0.039%
Price spread now: Bitget against Hotstuff+0.005%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff BTC-PERP | 85,442 | −0.0080 | get 0.0010% / 1h | 53m 27s | $8K | $2K | 50x |
| Short | Bitget BTCUSDT | 85,446.2 | 0.0100 | get 0.0100% / 8h | 7h 53m | $2.98B | $5.18B | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Hotstuff. 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
- $37.8
- Price spread: +0.005% → 0.000%
- $0.49
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $21.29
- Costs to cover
- 0.170%
- Break-even
- 3.1 days
Slippage unknown: Hotstuff: no order-book sample; Bitget: live order book, 6 min ago. 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 6 min ago | 0.01 bp | 6.0 bp −$6 | 6.0 bp −$60 | 6.2 bp −$621 | doesn't fit |
Hotstuff: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff BTC-PERPlong | −0.0080% | 1h | 85,442 | long leg | $8K | $2K | 50x | |
| BloFin BTC-USDT | −0.0020% | 8h | 85,391.5 | −0.059% | $425.1M | $685.3M | 150x | as long as short |
| Injective BTC/USDC PERP | −0.0006% | 1h | 85,417 | −0.029% | $307K | $23.1M | 52x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 85,446.2 | +0.005% | $344K | $2.3M | 50x | as long as short |
| KuCoin XBTUSDTM | +0.0004% | 8h | 85,438.8 | −0.004% | $930.5M | $776.7M | 125x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,439.4 | −0.003% | $36.5M | — | 200x | as long as short |
| Deribit BTC-PERPETUAL | +0.0018% | 1h | 85,461.7 | +0.023% | $829.8M | $1.67B | 50x | as long as short |
| Aster BTCUSDT | +0.0025% | 8h | 85,435.9 | −0.007% | $502.3M | $1.09B | 200x | as long as short |
| dYdX BTC-USD | +0.0026% | 1h | 85,464.7 | +0.027% | $16.7M | $21.0M | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0068% | 1h | 85,441.9 | 0.000% | $186.4M | $953.8M | 100x | as long as short |
Show all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | +0.0075% | 1h | 85,441 | −0.001% | $2.3M | $10.4M | 40x | as long as short |
| BingX BTC-USDC | +0.0080% | 8h | 85,418.6 | −0.027% | — | $17.4M | — | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,432.9 | −0.011% | $170.5M | $939.8M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,437.3 | −0.006% | $23.6M | $133.5M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,442 | 0.000% | $8.7M | $58.4M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,436.5 | −0.006% | $2.4M | $6.7M | 20x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,410 | −0.037% | $263K | $8.7M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,472.9 | +0.036% | $5.7M | $9.6M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 85,459.2 | +0.020% | $24.1M | $220.1M | 50x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,443.2 | +0.001% | $40.2M | $604.6M | 50x | as long as short |
| Binance BTCUSDT | +0.0100% | 8h | 85,442.2 | 0.000% | $9.41B | $25.18B | 150x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,447.3 | +0.006% | $5.08B | $10.03B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,447.1 | +0.006% | $2.61B | $12.25B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,439 | −0.004% | $3.8M | $17.3M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,449.4 | +0.009% | $4.6M | $97.6M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,382 | −0.070% | $697.9M | $180.4M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,422.9 | −0.022% | $5.46B | $9.83B | 200x | as long as short |
| MEXC BTC_USDT | +0.0100% | 8h | 85,450.2 | +0.010% | $5.02B | $5.71B | 500x | as long as short |
| Bitget BTCUSDTshort | +0.0100% | 8h | 85,446.2 | +0.005% | $2.98B | $5.18B | 150x | |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,428.9 | −0.015% | $37.7M | $193.7M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,356 | −0.101% | $155.8M | $547.8M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,324.2 | −0.138% | $283.0M | $959.6M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,382.2 | −0.070% | $214.4M | $157.6M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,354.3 | −0.103% | $138.1M | $312.8M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,441.7 | 0.000% | $30.1M | $217.3M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,514.9 | +0.085% | — | $9.5M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,278 | −0.192% | $10.9M | $14.9M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,456 | +0.016% | $200K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,436.3 | −0.007% | $2.7M | $9.9M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,479.3 | +0.044% | $194K | $796K | 40x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,452.5 | +0.012% | $2.9M | $6.1M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,432 | −0.012% | $59.8M | $336.7M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,430.8 | −0.013% | $2.26B | $976.5M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,446.7 | +0.006% | $160.1M | $517.3M | 150x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,394.1 | −0.056% | $45.7M | $241.9M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,419.7 | −0.026% | — | $106.7M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,475 | +0.039% | $111.3M | $5.47B | 50x | as long as short |
| Reya BTCRUSDPERP | +0.0146% | 1h | 85,440 | −0.002% | $6.6M | $140.1M | 40x | as long as short |
| Derive BTC-PERP | +0.0170% | 1h | 85,488.3 | +0.054% | $28.8M | $49.6M | 15x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0174% / S −0.0148% | 1h | 85,453.3 | +0.013% | $13.0M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0181% | 8h | 85,488 | +0.054% | $10.8M | $740.5M | 6.4x | as long as short |
| RISEx BTC/USDC | +0.0194% | 1h | 85,457.5 | +0.018% | $8.9M | $42.9M | 25x | as long as short |
| Hyperliquid BTC | +0.0288% | 1h | 85,538 | +0.112% | $3.84B | $5.11B | 40x | as long as short |
| Aftermath Perps BTCUSD | +0.0295% | 1h | 85,406.9 | −0.041% | $81K | $247K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0320% | 1h | 85,404.5 | −0.044% | $686K | $7.7M | 30x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,448.3 | +0.007% | $469K | $18.4M | 6.7x | as long as short |
Bitget BTCUSDT
BloFin BTC-USDT
Injective BTC/USDC PERP
01 Exchange BTCUSD
KuCoin XBTUSDTM
gTrade (Gains Network) BTC/USD
Deribit BTC-PERPETUAL
Aster BTCUSDT
Kraken Futures PF_XBTUSD
Phoenix BTC
BingX BTC-USDC
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Pacifica BTC
Binance BTCUSDT
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Bulk BTC-USD
Gate BTC_USDT
MEXC BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Polymarket Perps BTC-USD
Bullet BTC-USD
Bluefin BTC-PERP
SunX BTC-USDT
SoDEX BTC-USD
HTX BTC-USDT
Phemex BTCUSDT
Extended BTC-USD
Coinbase International BTC-PERP-INTX
Derive BTC-PERP
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
RISEx BTC/USDC
Hyperliquid BTC
Aftermath Perps BTCUSD