BTC

Alert

Funding spread now, next payment 16:00 UTC+0.0184%/8h

next payment, per $10,000+$1.84paid, last 24h+0.004%paid, last 7 days+0.030%to open and close $10k−$24

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.030% in total (about 1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.84 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX BTC-USDT	85,335	0.0030	pay 0.0030% / 8h	1h 44m	$2.28B	$782.1M	200x
Short	BloFin BTC-USDT	85,289.7	0.0214	get 0.0214% / 8h	1h 44m	$420.8M	$480.1M	150x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee HTXbpFee BloFinbpOrdersRate

Funding earned: $38.67
Slippage, 4 orders: −$0.08
Fee HTX: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: $14.59
Break-even: 4.4 days

Slippage from HTX: live order book, 1 min ago; BloFin: live order book, 6 min ago.

Price risk

price view

Price gap now: −0.053%
Avg gap 7d: +0.014%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 1 min ago	0.01 bp	6.0 bp −$6	6.0 bp −$60	7.5 bp −$749	11.2 bp −$5,611
Sell BloFin live order book, 6 min ago	0.03 bp	6.0 bp −$6	6.1 bp −$61	6.6 bp −$664	8.2 bp −$4,122

BTC on 55 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bluefin BTC-PERP	−0.1569%	1h	$142K	$400K	40x	as long as short
Perpl BTC	−0.0447%	43m	$430K	$31.1M	6.7x	as long as short
edgeX BTCUSDC	−0.0109%	4h	$282.7M	$795.0M	100x	as long as short
ApeX Omni BTCUSDT	−0.0092%	1h	$137.6M	$316.2M	100x	as long as short
Hotstuff BTC-PERP	−0.0080%	1h	$8K	$3K	50x	as long as short
Aftermath Perps BTCUSD	−0.0057%	1h	$83K	$140K	20x	as long as short
01 Exchange BTCUSD	−0.0056%	1h	$279K	$2.3M	50x	as long as short
Reya BTCRUSDPERP	−0.0034%	1h	$6.8M	$137.3M	40x	as long as short
Gate BTC_USDT	−0.0019%	8h	$6.01B	$8.49B	200x	as long as short
BingX BTC-USDT	−0.0011%	8h	—	$1.29B	—	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bitget BTCUSDT	−0.0010%	8h	$2.95B	$4.28B	150x	as long as short
Phemex BTCUSDT	−0.0008%	8h	$157.5M	$374.0M	150x	as long as short
dYdX BTC-USD	0.0000%	1h	$16.1M	$13.8M	50x	as long as short
gTrade (Gains Network) BTC/USD	L +0.0004% / S −0.0004%	1h	$36.4M	—	200x	as long as short
Derive BTC-PERP	+0.0007%	1h	$28.0M	$54.4M	15x	as long as short
Phoenix BTC	+0.0015%	1h	$1.6M	$10.8M	40x	as long as short
HTX BTC-USDTlong	+0.0030%	8h	$2.28B	$782.1M	200x
Aster BTCUSDT	+0.0038%	8h	$490.6M	$1.00B	200x	as long as short
SoDEX BTC-USD	+0.0041%	1h	$61.1M	$234.5M	40x	as long as short
Kraken Futures PF_XBTUSD	+0.0042%	1h	$187.7M	$750.0M	100x	as long as short
OKX BTC-USDT-SWAP	+0.0055%	8h	$2.55B	$10.65B	100x	as long as short
KuCoin XBTUSDTM	+0.0065%	8h	$800.6M	$576.1M	125x	as long as short
Paradex BTC-USD-PERP	+0.0082%	8h	$4.3M	$6.5M	50x	as long as short
Binance BTCUSDT	+0.0093%	8h	$9.50B	$19.52B	150x	as long as short
MEXC BTC_USDT	+0.0094%	8h	$4.91B	$4.65B	500x	as long as short
Lighter BTC	+0.0096%	1h	$181.7M	$849.4M	50x	as long as short
Lighter RH BTC	+0.0096%	1h	$25.4M	$131.7M	50x	as long as short
Popdex BTCUSDT	+0.0096%	1h	$8.4M	$40.6M	100x	as long as short
Aevo BTC-PERP	+0.0096%	1h	$2.4M	$1.7M	20x	as long as short
Nado BTC-PERP	+0.0098%	1h	$23.8M	$221.6M	50x	as long as short
Katana Perps BTC-USD	+0.0100%	8h	$205K	$4.9M	50x	as long as short
Pacifica BTC	+0.0100%	1h	$36.7M	$312.3M	50x	as long as short
Bybit BTCUSDT	+0.0100%	8h	$5.03B	$7.80B	150x	as long as short
Ondo Perps BTC-USD.P	+0.0100%	1h	$3.9M	$15.6M	25x	as long as short
Arcus BTC-USD	+0.0100%	1h	$6.1M	$77.4M	40x	as long as short
Bulk BTC-USD	+0.0100%	1h	$533.0M	$59.2M	40x	as long as short
Backpack BTC_USDC_PERP	+0.0100%	1h	$39.2M	$101.1M	75x	as long as short
Variational Omni BTC	+0.0100%	8h	$172.0M	$467.0M	—	as long as short
StandX BTC-USD	+0.0100%	1h	$30.5M	$246.7M	40x	as long as short
Vest BTC-PERP	+0.0100%	1h	—	$13.1M	50x	as long as short
Polymarket Perps BTC-USD	+0.0100%	1h	$10.8M	$10.5M	50x	as long as short
Bullet BTC-USD	+0.0100%	1h	$248K	$3.3M	20x	as long as short
Orderly PERP_BTC_USDC	+0.0100%	8h	$2.4M	$6.7M	100x	as long as short
SunX BTC-USDT	+0.0100%	8h	$3.3M	$5.3M	100x	as long as short
Kalshi KXBTCPERP	+0.0100%	8h	$8.7M	$498.4M	6.4x	as long as short
Extended BTC-USD	+0.0104%	1h	$47.4M	$200.2M	50x	as long as short
Jupiter Perps WBTC-PERP	L +0.0104% / S +0.0048%	1h	—	$85.5M	500x	as long as short
Coinbase International BTC-PERP-INTX	+0.0112%	1h	$142.7M	$6.12B	50x	as long as short
Hyperliquid BTC	+0.0114%	1h	$3.84B	$4.09B	40x	as long as short
Hibachi BTC/USDT-P	+0.0168%	1h	$592K	$7.4M	30x	as long as short
RISEx BTC/USDC	+0.0178%	1h	$8.7M	$36.7M	25x	as long as short
Injective BTC/USDC PERP	+0.0180%	1h	$306K	$27.0M	52x	as long as short
GMX BTC/USD [WBTC.b-USDC]	L +0.0197% / S −0.0209%	1h	$13.1M	—	200x	as long as short
BloFin BTC-USDTshort	+0.0214%	8h	$420.8M	$480.1M	150x
Deribit BTC-PERPETUAL	+0.0315%	1h	$849.3M	$923.8M	50x	as long as short