data as of
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Funding arb /

BTC

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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 17:00 UTC+0.0237%/8h
paid, last 24h−0.018%paid, last 7 days−0.202%to open and close $10k−$15
Long on InjectiveShort on edgeX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective BTC/USDC PERP86,031−0.0137get 0.0017% / 1h3m 11s$309K$27.0M52x
ShortedgeX BTCUSDC85,918.90.0100get 0.0050% / 4h3h 03m$278.8M$888.8M100x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$49.8
Slippage, 4 orders
−$6.46
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$34.31
Break-even
2.2 days
Slippage from Injective: live order book, 2 min ago; edgeX: live order book, 2 min ago.

Price risk

price view
Price gap now
−0.130%
Avg gap 7d
−0.042%
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 Injective live order book, 2 min ago1.63 bp4.8 bp −$515.8 bp −$158doesn't fitdoesn't fit
Sell edgeX live order book, 2 min ago0.02 bp4.5 bp −$54.5 bp −$454.7 bp −$4666.0 bp −$2,994

BTC on 55 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bluefin BTC-PERP−0.6807%1h$143K$367K40xas long as short
Perpl BTC−0.0335%43m$406K$27.4M6.7xas long as short
Injective BTC/USDC PERPlong−0.0137%1h$309K$27.0M52x
Phoenix BTC−0.0116%1h$1.9M$11.4M40xas long as short
Phemex BTCUSDT−0.0103%8h$148.6M$413.2M150xas long as short
BloFin BTC-USDT−0.0082%8h$421.8M$563.8M150xas long as short
Hotstuff BTC-PERP−0.0080%1h$9K$4K50xas long as short
01 Exchange BTCUSD−0.0056%1h$294K$2.4M50xas long as short
Kraken Futures PF_XBTUSD−0.0040%1h$188.7M$810.6M100xas long as short
SoDEX BTC-USD−0.0024%1h$60.9M$284.0M40xas long as short
Show all 55 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Extended BTC-USD−0.0024%1h$48.8M$202.3M50xas long as short
Reya BTCRUSDPERP−0.0019%1h$6.8M$138.1M40xas long as short
ApeX Omni BTCUSDT−0.0016%1h$138.9M$318.3M100xas long as short
Bulk BTC-USD−0.0010%1h$560.4M$140.4M40xas long as short
dYdX BTC-USD−0.0010%1h$17.4M$17.7M50xas long as short
Bitget BTCUSDT−0.0003%8h$2.97B$4.66B150xas long as short
BingX BTC-USDT−0.0003%8h—$1.37B—as long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h$36.9M—200xas long as short
KuCoin XBTUSDTM+0.0006%8h$795.0M$609.5M125xas long as short
OKX BTC-USDT-SWAP+0.0012%8h$2.66B$11.54B100xas long as short
Aster BTCUSDT+0.0027%8h$506.2M$1.11B200xas long as short
Bybit BTCUSDT+0.0027%8h$5.26B$8.56B150xas long as short
MEXC BTC_USDT+0.0037%8h$5.16B$5.30B500xas long as short
Binance BTCUSDT+0.0038%8h$9.50B$21.89B150xas long as short
Aevo BTC-PERP+0.0040%1h$2.4M$1.3M20xas long as short
Gate BTC_USDT+0.0060%8h$6.07B$9.56B200xas long as short
Derive BTC-PERP+0.0078%1h$30.5M$59.8M15xas long as short
Variational Omni BTC+0.0083%8h$172.4M$507.5M—as long as short
Deribit BTC-PERPETUAL+0.0086%1h$911.9M$1.11B50xas long as short
Aftermath Perps BTCUSD+0.0090%1h$87K$150K20xas long as short
StandX BTC-USD+0.0094%1h$30.6M$228.5M40xas long as short
Paradex BTC-USD-PERP+0.0094%8h$4.4M$6.8M50xas long as short
Lighter BTC+0.0096%1h$171.5M$942.8M50xas long as short
Lighter RH BTC+0.0096%1h$24.7M$136.9M50xas long as short
Popdex BTCUSDT+0.0096%1h$8.5M$46.3M100xas long as short
Katana Perps BTC-USD+0.0100%8h$202K$5.6M50xas long as short
Nado BTC-PERP+0.0100%1h$23.4M$227.1M50xas long as short
Pacifica BTC+0.0100%1h$36.7M$384.2M50xas long as short
Ondo Perps BTC-USD.P+0.0100%1h$4.0M$16.4M25xas long as short
Arcus BTC-USD+0.0100%1h$6.6M$84.6M40xas long as short
Backpack BTC_USDC_PERP+0.0100%1h$37.4M$122.5M75xas long as short
edgeX BTCUSDCshort+0.0100%4h$278.8M$888.8M100x
Vest BTC-PERP+0.0100%1h—$11.9M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h$11.0M$11.5M50xas long as short
Bullet BTC-USD+0.0100%1h$231K$3.3M20xas long as short
Orderly PERP_BTC_USDC+0.0100%8h$2.3M$7.3M100xas long as short
SunX BTC-USDT+0.0100%8h$3.3M$5.9M100xas long as short
HTX BTC-USDT+0.0100%8h$2.29B$840.2M200xas long as short
Hibachi BTC/USDT-P+0.0104%1h$751K$7.4M30xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h—$85.5M500xas long as short
Kalshi KXBTCPERP+0.0105%8h$14.4M$614.6M6.4xas long as short
Coinbase International BTC-PERP-INTX+0.0112%1h$128.6M$6.03B50xas long as short
RISEx BTC/USDC+0.0132%1h$9.2M$38.8M25xas long as short
Hyperliquid BTC+0.0138%1h$3.90B$4.37B40xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0171% / S −0.0149%1h$12.5M—200xas long as short