Funding you earn now, next payment 22:03 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.032%
Price spread now: Perpl against HTX+0.072%7-day average +0.027% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.360%+$36 on $10k
+Price spread, last 3 days (all we have)+0.004%$0 · spread now +0.072%, 7d avg +0.027%
=Together, before fees+0.364%+ Points / potential airdropPerpl: Active · farm board+$36 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Perpl is 0.045% dearer against HTX than usual: you sell high and buy low (spread +0.072% now, against its 7-day average of +0.027%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 36 hours. Mind the row above: over the last 7 days funding on this pair paid +0.360%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX BTC-USDT | 86,486.9 | 0.0100 | pay 0.0100% / 8h | 1h 19m | $2.30B | $968.5M | 200x |
| Short | Perpl BTC | 86,549.5 | 0 | get 0.0000% / 43m | 32m 50s | $424K | $23.8M | 6.7x |
HTX BTC-USDT
Perpl BTCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl 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
- −$21
- Price spread: +0.072% → +0.027%
- $4.49
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- −$42.31
- Costs to cover
- 0.258%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 4 min ago; Perpl: no order-book sample. 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 HTX live order book, 4 min ago | 0.01 bp | 6.0 bp −$6 | 6.0 bp −$60 | 7.1 bp −$714 | 9.9 bp −$4,959 |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin BTC-PERP | −0.0896% | 1h | 86,479.3 | −0.009% | $140K | $620K | 40x | as long as short |
| Phoenix BTC | −0.0159% | 1h | 86,503 | +0.019% | $2.2M | $11.8M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,498 | +0.013% | $9K | $3K | 50x | as long as short |
| Aster BTCUSDT | −0.0009% | 8h | 86,472.2 | −0.017% | $504.3M | $1.15B | 200x | as long as short |
| 01 Exchange BTCUSD | −0.0008% | 1h | 86,492.5 | +0.006% | $359K | $2.4M | 50x | as long as short |
| Aftermath Perps BTCUSD | −0.0006% | 1h | 86,529 | +0.049% | $82K | $217K | 20x | as long as short |
| Perpl BTCshort | 0.0000% | 43m | 86,549.5 | +0.072% | $424K | $23.8M | 6.7x | |
| Deribit BTC-PERPETUAL | 0.0000% | 1h | 86,496.1 | +0.011% | $921.0M | $1.48B | 50x | as long as short |
| KuCoin XBTUSDTM | +0.0002% | 8h | 86,466 | −0.024% | $851.0M | $711.5M | 125x | as long as short |
| dYdX BTC-USD | +0.0004% | 1h | 86,541 | +0.063% | $17.0M | $21.1M | 50x | as long as short |
Bluefin BTC-PERP
Phoenix BTC
Hotstuff BTC-PERP
Aster BTCUSDT
01 Exchange BTCUSD
Aftermath Perps BTCUSD
Deribit BTC-PERPETUAL
KuCoin XBTUSDTM
dYdX BTC-USDShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 86,505 | +0.021% | $36.8M | — | 200x | as long as short |
| RISEx BTC/USDC | +0.0006% | 1h | 86,497.3 | +0.012% | $8.5M | $43.0M | 25x | as long as short |
| Reya BTCRUSDPERP | +0.0023% | 1h | 86,472.8 | −0.016% | $6.7M | $145.0M | 40x | as long as short |
| Injective BTC/USDC PERP | +0.0024% | 1h | 86,559 | +0.083% | $315K | $26.8M | 52x | as long as short |
| BingX BTC-USDT | +0.0035% | 8h | 86,472.8 | −0.016% | — | $1.59B | — | as long as short |
| Phemex BTCUSDT | +0.0035% | 8h | 86,460.9 | −0.030% | $149.7M | $476.9M | 150x | as long as short |
| Bitget BTCUSDT | +0.0045% | 8h | 86,473.1 | −0.016% | $2.95B | $5.10B | 150x | as long as short |
| MEXC BTC_USDT | +0.0063% | 8h | 86,473.4 | −0.016% | $5.14B | $5.69B | 500x | as long as short |
| Aevo BTC-PERP | +0.0064% | 1h | 86,462.5 | −0.028% | $2.4M | $1.3M | 20x | as long as short |
| Binance BTCUSDT | +0.0064% | 8h | 86,471.1 | −0.018% | $9.43B | $24.42B | 150x | as long as short |
| Gate BTC_USDT | +0.0079% | 8h | 86,469.9 | −0.020% | $5.85B | $10.73B | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.0088% | 1h | 86,561.8 | +0.087% | $717K | $8.2M | 30x | as long as short |
| Bybit BTCUSDT | +0.0091% | 8h | 86,471.4 | −0.018% | $5.25B | $9.77B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,472.8 | −0.016% | $170.8M | $1.01B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,486.8 | 0.000% | $24.1M | $152.4M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,489 | +0.002% | $8.5M | $52.4M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,473 | −0.016% | $204K | $6.9M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,549.3 | +0.072% | $4.8M | $8.5M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,492.8 | +0.007% | $22.0M | $234.4M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,534 | +0.054% | $3.80B | $5.09B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,531.2 | +0.051% | $40.8M | $513.3M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,470.8 | −0.019% | $2.54B | $12.74B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,504 | +0.020% | $3.9M | $18.6M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,565 | +0.090% | $7.4M | $94.3M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,498.7 | +0.014% | $571.7M | $18.6M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,452.3 | −0.040% | $37.8M | $155.1M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,498.8 | +0.014% | $156.2M | $568.5M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,398.5 | −0.102% | $279.2M | $947.6M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,484.6 | −0.003% | $217.1M | $175.1M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,464.3 | −0.026% | $141.4M | $323.2M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,483.3 | −0.004% | $30.7M | $203.5M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,542.9 | +0.065% | — | $11.6M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,483 | −0.005% | $11.1M | $13.7M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,489 | +0.002% | $190K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,472.8 | −0.016% | $2.4M | $8.7M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,460.8 | −0.030% | $30.2M | $61.6M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,491.9 | +0.006% | $3.4M | $5.4M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 86,458 | −0.033% | $60.4M | $337.2M | 40x | as long as short |
| HTX BTC-USDTlong | +0.0100% | 8h | 86,486.9 | long leg | $2.30B | $968.5M | 200x | |
| Extended BTC-USD | +0.0104% | 1h | 86,458.1 | −0.033% | $45.4M | $226.4M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,514.4 | +0.032% | — | $98.7M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 86,496.7 | +0.011% | $131.9M | $5.70B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0121% | 1h | 86,481 | −0.007% | $191.3M | $944.1M | 100x | as long as short |
| BloFin BTC-USDT | +0.0183% | 8h | 86,513.9 | +0.031% | $415.8M | $654.8M | 150x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0185% / S −0.0210% | 1h | 86,498.4 | +0.013% | $15.2M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0198% | 8h | 86,519 | +0.037% | $9.7M | $734.0M | 6.4x | as long as short |
gTrade (Gains Network) BTC/USD
RISEx BTC/USDC
Reya BTCRUSDPERP
Injective BTC/USDC PERP
BingX BTC-USDT
Phemex BTCUSDT
Bitget BTCUSDT
MEXC BTC_USDT
Aevo BTC-PERP
Binance BTCUSDT
Gate BTC_USDT
Hibachi BTC/USDT-P
Bybit BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Nado BTC-PERP
Hyperliquid BTC
Pacifica BTC
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
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
Bullet BTC-USD
Orderly PERP_BTC_USDC
Derive BTC-PERP
SunX BTC-USDT
SoDEX BTC-USD
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
BloFin BTC-USDT
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP