Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.007%
Price spread now: Extended against HTX−0.040%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$170.174% of the position
Funding, last 7 days+0.075%+$8 on $10k
+Price spread, last 4 days (all we have)+0.065%+$7 · spread now −0.040%, 7d avg −0.017%
=Together, before fees+0.141%+ Points / potential airdropExtended: Active · farm board+$14 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: Extended is 0.023% cheaper against HTX than usual: you would sell low and buy high, −$2 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 | HTX BTC-USDT | 85,161.5 | 0.0100 | pay 0.0100% / 8h | 2h 33m | $2.25B | $951.6M | 200x |
| Short | Extended BTC-USD | 85,127.4 | 0.0104 | get 0.0013% / 1h | 33m 37s | $45.4M | $238.5M | 50x |
HTX BTC-USDT
Extended BTC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against HTX. 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
- $0.84
- Price spread: −0.040% → −0.017%
- −$2.28
- Slippage, 4 orders
- −$0.4
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$18.84
- Costs to cover
- 0.174%
- Break-even
- 164.0 days
Slippage from HTX: live order book, 6 min ago; Extended: live order book, 6 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 HTX live order book, 6 min ago | 0.01 bp | 6.0 bp −$6 | 6.0 bp −$60 | 8.3 bp −$827 | 11.1 bp −$5,548 |
| Sell Extended live order book, 6 min ago | 0.06 bp | 2.6 bp −$3 | 2.6 bp −$26 | 2.7 bp −$265 | 8.6 bp −$4,281 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl BTC | −0.0112% | 43m | 85,227.5 | +0.077% | $526K | $18.6M | 6.7x | as long as short |
| Phoenix BTC | −0.0111% | 1h | 85,251 | +0.105% | $2.1M | $10.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,169 | +0.009% | $8K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0053% | 8h | 85,128.2 | −0.039% | $920.8M | $763.5M | 125x | as long as short |
| BloFin BTC-USDT | −0.0034% | 8h | 85,308.7 | +0.173% | $421.3M | $680.3M | 150x | as long as short |
| 01 Exchange BTCUSD | −0.0032% | 1h | 85,141.8 | −0.023% | $373K | $2.3M | 50x | as long as short |
| Aster BTCUSDT | −0.0015% | 8h | 85,141.7 | −0.023% | $511.9M | $1.10B | 200x | as long as short |
| dYdX BTC-USD | +0.0001% | 1h | 85,179.7 | +0.021% | $16.7M | $21.7M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,191.5 | +0.035% | $36.4M | — | 200x | as long as short |
| Nado BTC-PERP | +0.0017% | 1h | 85,224.7 | +0.074% | $24.5M | $222.9M | 50x | as long as short |
Perpl BTC
Phoenix BTC
Hotstuff BTC-PERP
KuCoin XBTUSDTM
BloFin BTC-USDT
01 Exchange BTCUSD
Aster BTCUSDT
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
Nado BTC-PERPShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BTC/USDC PERP | +0.0023% | 1h | 85,225 | +0.075% | $338K | $26.8M | 52x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0056% | 1h | 85,182.2 | +0.024% | $187.1M | $956.0M | 100x | as long as short |
| BingX BTC-USDC | +0.0066% | 8h | 85,132.9 | −0.034% | — | $17.3M | — | as long as short |
| SoDEX BTC-USD | +0.0066% | 1h | 85,165 | +0.004% | $59.6M | $335.9M | 40x | as long as short |
| Bullet BTC-USD | +0.0072% | 1h | 85,173 | +0.014% | $206K | $3.3M | 20x | as long as short |
| Phemex BTCUSDT | +0.0078% | 8h | 85,173.1 | +0.014% | $148.9M | $503.8M | 150x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 85,161.6 | 0.000% | $2.4M | $6.7M | 20x | as long as short |
| Bitget BTCUSDT | +0.0083% | 8h | 85,157 | −0.005% | $2.94B | $5.18B | 150x | as long as short |
| MEXC BTC_USDT | +0.0085% | 8h | 85,144.2 | −0.020% | $5.06B | $5.70B | 500x | as long as short |
| Binance BTCUSDT | +0.0086% | 8h | 85,146.9 | −0.017% | $9.40B | $24.83B | 150x | as long as short |
| Deribit BTC-PERPETUAL | +0.0092% | 1h | 85,206.5 | +0.053% | $872.3M | $1.61B | 50x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,144.6 | −0.020% | $170.8M | $1.02B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,151.1 | −0.012% | $23.7M | $148.1M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,132 | −0.035% | $8.3M | $55.7M | 100x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0096% | 1h | 85,207.6 | +0.054% | $117.1M | $5.33B | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,126 | −0.042% | $238K | $8.5M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,202.3 | +0.048% | $5.8M | $9.5M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,221 | +0.070% | $3.75B | $5.06B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,173.4 | +0.014% | $40.1M | $595.5M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,144.3 | −0.020% | $5.15B | $9.94B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,156 | −0.006% | $2.57B | $12.17B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,147 | −0.017% | $3.8M | $17.6M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,159.5 | −0.002% | $4.6M | $99.2M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,324.1 | +0.191% | $679.5M | $626.7M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,153.4 | −0.010% | $5.51B | $10.89B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,156.1 | −0.006% | $36.0M | $174.6M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,263.5 | +0.120% | $156.5M | $568.3M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,240.8 | +0.093% | $278.9M | $942.4M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,264.2 | +0.121% | $214.3M | $168.8M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,275.4 | +0.134% | $139.4M | $315.6M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,308 | +0.172% | $30.1M | $206.0M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,291.9 | +0.153% | — | $10.9M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,200 | +0.045% | $11.0M | $14.4M | 50x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,173.1 | +0.014% | $2.5M | $9.2M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,214 | +0.062% | $217K | $750K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,149.6 | −0.014% | $29.9M | $50.4M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,176 | +0.017% | $2.9M | $6.1M | 100x | as long as short |
| HTX BTC-USDTlong | +0.0100% | 8h | 85,161.5 | long leg | $2.25B | $951.6M | 200x | |
| Extended BTC-USDshort | +0.0104% | 1h | 85,127.4 | −0.040% | $45.4M | $238.5M | 50x | |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 85,229.7 | +0.080% | — | $107.1M | 500x | as long as short |
| Reya BTCRUSDPERP | +0.0113% | 1h | 85,187.4 | +0.030% | $6.6M | $147.4M | 40x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0176% / S −0.0151% | 1h | 85,174.9 | +0.016% | $13.0M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0180% | 8h | 85,268 | +0.125% | $11.3M | $747.5M | 6.4x | as long as short |
| Aftermath Perps BTCUSD | +0.0215% | 1h | 85,300.5 | +0.163% | $79K | $225K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0224% | 1h | 85,351.6 | +0.223% | $719K | $8.0M | 30x | as long as short |
| RISEx BTC/USDC | +0.0257% | 1h | 85,181.6 | +0.024% | $8.6M | $43.1M | 25x | as long as short |
Injective BTC/USDC PERP
Kraken Futures PF_XBTUSD
BingX BTC-USDC
SoDEX BTC-USD
Bullet BTC-USD
Phemex BTCUSDT
Aevo BTC-PERP
Bitget BTCUSDT
MEXC BTC_USDT
Binance BTCUSDT
Deribit BTC-PERPETUAL
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Coinbase International BTC-PERP-INTX
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
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
Derive BTC-PERP
SunX BTC-USDT
Jupiter Perps WBTC-PERP
Reya BTCRUSDPERP
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
Aftermath Perps BTCUSD
Hibachi BTC/USDT-P
RISEx BTC/USDC