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 14:00 UTC+0.0136%/8h
paid, last 24h+0.022%paid, last 3 days−0.067%to open and closeno order book
Long on InjectiveShort on Variational Omni
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective BTC/USDC PERP85,352−0.0036get 0.0004% / 1h37m 01s$322K$27.0M52x
ShortVariational Omni BTC85,056.70.0100get 0.0100% / 8h2h 37m$170.9M$439.0M—

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$28.53
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$28.51
Break-even
0.0 days
Slippage unknown: Injective: live order book, 4 min ago; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.346%
Avg gap 7d
−0.039%
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, 4 min ago3.99 bp4.3 bp −$414.7 bp −$147doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 4 min ago0.58 bpdoesn't fit0.6 bp −$63.4 bp −$338doesn't fit

BTC on 55 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Perpl BTC−0.0223%43m$413K$31.9M6.7xas long as short
ApeX Omni BTCUSDT−0.0191%1h$137.2M$313.8M100xas long as short
edgeX BTCUSDC−0.0106%4h$283.4M$733.0M100xas long as short
Hotstuff BTC-PERP−0.0080%1h$9K$2K50xas long as short
Gate BTC_USDT−0.0057%8h$6.03B$7.78B200xas long as short
Reya BTCRUSDPERP−0.0049%1h$6.8M$128.0M40xas long as short
Injective BTC/USDC PERPlong−0.0036%1h$322K$27.0M52x
01 Exchange BTCUSD−0.0024%1h$314K$2.1M50xas long as short
Bitget BTCUSDT−0.0014%8h$2.93B$3.95B150xas long as short
BingX BTC-USDC−0.0013%8h—$15.0M—as long as short
Show all 55 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
HTX BTC-USDT−0.0007%8h$2.28B$720.7M200xas long as short
dYdX BTC-USD0.0000%1h$16.4M$13.0M50xas long as short
Kalshi KXBTCPERP0.0000%8h$8.7M$446.4M6.4xas long as short
gTrade (Gains Network) BTC/USDL +0.0004% / S −0.0004%1h$36.4M—200xas long as short
SoDEX BTC-USD+0.0005%1h$61.1M$233.3M40xas long as short
Aftermath Perps BTCUSD+0.0006%1h$83K$137K20xas long as short
Backpack BTC_USDC_PERP+0.0029%1h$39.9M$103.0M75xas long as short
Phemex BTCUSDT+0.0035%8h$164.2M$352.1M150xas long as short
Popdex BTCUSDT+0.0048%1h$8.4M$36.4M100xas long as short
Aster BTCUSDT+0.0055%8h$489.9M$865.9M200xas long as short
Nado BTC-PERP+0.0073%1h$22.9M$203.7M50xas long as short
OKX BTC-USDT-SWAP+0.0074%8h$2.55B$9.85B100xas long as short
KuCoin XBTUSDTM+0.0079%8h$802.7M$544.3M125xas long as short
Bullet BTC-USD+0.0080%1h$227K$3.3M20xas long as short
RISEx BTC/USDC+0.0090%1h$8.3M$34.7M25xas long as short
Lighter BTC+0.0096%1h$187.7M$770.1M50xas long as short
Lighter RH BTC+0.0096%1h$25.0M$121.2M50xas long as short
Aevo BTC-PERP+0.0096%1h$2.4M$1.7M20xas long as short
Paradex BTC-USD-PERP+0.0098%8h$4.3M$6.5M50xas long as short
Katana Perps BTC-USD+0.0100%8h$233K$4.5M50xas long as short
Pacifica BTC+0.0100%1h$36.5M$289.3M50xas long as short
Binance BTCUSDT+0.0100%8h$9.51B$17.76B150xas long as short
Bybit BTCUSDT+0.0100%8h$5.04B$7.11B150xas long as short
Ondo Perps BTC-USD.P+0.0100%1h$3.9M$14.8M25xas long as short
Arcus BTC-USD+0.0100%1h$6.4M$72.1M40xas long as short
MEXC BTC_USDT+0.0100%8h$5.04B$4.29B500xas long as short
Variational Omni BTCshort+0.0100%8h$170.9M$439.0M—
StandX BTC-USD+0.0100%1h$30.4M$248.8M40xas long as short
Vest BTC-PERP+0.0100%1h—$12.3M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h$10.7M$9.7M50xas long as short
Orderly PERP_BTC_USDC+0.0100%8h$2.2M$6.3M100xas long as short
Bluefin BTC-PERP+0.0100%1h$142K$355K40xas long as short
Derive BTC-PERP+0.0100%1h$26.1M$49.8M15xas long as short
SunX BTC-USDT+0.0100%8h$3.3M$5.0M100xas long as short
Bulk BTC-USD+0.0100%1h$531.7M$81.4M40xas long as short
Extended BTC-USD+0.0104%1h$47.0M$172.6M50xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h—$77.5M500xas long as short
Coinbase International BTC-PERP-INTX+0.0120%1h$139.9M$5.86B50xas long as short
Kraken Futures PF_XBTUSD+0.0123%1h$185.5M$689.5M100xas long as short
Phoenix BTC+0.0126%1h$1.5M$10.3M40xas long as short
Hyperliquid BTC+0.0176%1h$3.86B$3.76B40xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0190% / S −0.0195%1h$12.9M—200xas long as short
BloFin BTC-USDT+0.0220%8h$419.3M$401.3M150xas long as short
Hibachi BTC/USDT-P+0.0224%1h$608K$7.5M30xas long as short
Deribit BTC-PERPETUAL+0.0479%1h$829.5M$849.6M50xas long as short