data as of
Settings8H · net · $10k
Funding arb /

BTC

all BTC markets
SwapPrice view
Alert
Funding spread now, next payment 18:00 UTC−0.0004%/8h
paid, last 24h−0.001%paid, last 3 days+0.074%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongJupiter Perps WBTC-PERP85,891.7L +0.0104% / S +0.0048%pay 0.0013% / 1h13m 28s$84.8M500x
ShortSunX BTC-USDT85,847.80.0100get 0.0100% / 8h6h 13m$3.4M$5.8M100x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$0.84
Slippage, 4 orders
no order book: not counted
Fee Jupiter Perps: 6 bp × 2 orders
−$12
Fee SunX: 5 bp × 2 orders
−$10
Net
−$22.84
Break-even
never at this rate
Slippage unknown: Jupiter Perps: no order-book sample; SunX: live order book, 12 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.051%
Avg gap 7d
−0.019%
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 Jupiter Perps no order-book sample
Sell SunX live order book, 12 min ago0.65 bp6.7 bp −$78.2 bp −$8210.0 bp −$1,00113.4 bp −$6,675
Jupiter Perps: 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 55 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bluefin BTC-PERP−0.1217%1h$143K$410K40xas long as short
Perpl BTC−0.0447%43m$390K$26.5M6.7xas long as short
Arcus BTC-USD−0.0377%1h$6.9M$85.3M40xas long as short
Phoenix BTC−0.0096%1h$1.9M$11.0M40xas long as short
BloFin BTC-USDT−0.0096%8h$423.4M$567.0M150xas long as short
Hotstuff BTC-PERP−0.0080%1h$9K$4K50xas long as short
ApeX Omni BTCUSDT−0.0079%1h$139.2M$319.5M100xas long as short
Kraken Futures PF_XBTUSD−0.0073%1h$190.3M$811.0M100xas long as short
01 Exchange BTCUSD−0.0048%1h$309K$2.4M50xas long as short
dYdX BTC-USD−0.0020%1h$17.1M$18.1M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective BTC/USDC PERP−0.0019%1h$308K$27.0M52xas long as short
Reya BTCRUSDPERP−0.0017%1h$6.7M$138.2M40xas long as short
Bulk BTC-USD−0.0012%1h$561.5M$139.4M40xas long as short
KuCoin XBTUSDTM−0.0004%8h$805.4M$618.1M125xas long as short
Bitget BTCUSDT−0.0004%8h$2.95B$4.68B150xas long as short
BingX BTC-USDC−0.0004%8h$14.7Mas long as short
SoDEX BTC-USD−0.0002%1h$60.8M$284.3M40xas long as short
Gate BTC_USDT−0.0001%8h$6.06B$9.59B200xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h$36.7M200xas long as short
Phemex BTCUSDT+0.0009%8h$147.7M$417.7M150xas long as short
Aster BTCUSDT+0.0012%8h$504.3M$1.10B200xas long as short
Bybit BTCUSDT+0.0014%8h$5.25B$8.59B150xas long as short
OKX BTC-USDT-SWAP+0.0016%8h$2.66B$11.53B100xas long as short
MEXC BTC_USDT+0.0023%8h$5.17B$5.16B500xas long as short
Binance BTCUSDT+0.0023%8h$9.46B$22.06B150xas long as short
Aevo BTC-PERP+0.0024%1h$2.4M$1.3M20xas long as short
Extended BTC-USD+0.0040%1h$48.8M$199.8M50xas long as short
RISEx BTC/USDC+0.0040%1h$9.1M$38.6M25xas long as short
Popdex BTCUSDT+0.0048%1h$8.5M$46.5M100xas long as short
Aftermath Perps BTCUSD+0.0057%1h$86K$153K20xas long as short
Variational Omni BTC+0.0063%8h$171.7M$506.9Mas long as short
StandX BTC-USD+0.0069%1h$30.7M$220.1M40xas long as short
HTX BTC-USDT+0.0091%8h$2.28B$835.3M200xas long as short
Lighter BTC+0.0096%1h$171.9M$946.1M50xas long as short
Lighter RH BTC+0.0096%1h$24.5M$137.8M50xas long as short
Paradex BTC-USD-PERP+0.0097%8h$4.4M$6.8M50xas long as short
Katana Perps BTC-USD+0.0100%8h$189K$5.8M50xas long as short
Nado BTC-PERP+0.0100%1h$23.3M$227.3M50xas long as short
Pacifica BTC+0.0100%1h$36.8M$400.4M50xas long as short
Ondo Perps BTC-USD.P+0.0100%1h$3.9M$16.8M25xas long as short
Backpack BTC_USDC_PERP+0.0100%1h$37.1M$127.3M75xas long as short
edgeX BTCUSDC+0.0100%4h$280.3M$881.5M100xas long as short
Vest BTC-PERP+0.0100%1h$11.5M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h$11.0M$11.7M50xas long as short
Bullet BTC-USD+0.0100%1h$238K$3.3M20xas long as short
Orderly PERP_BTC_USDC+0.0100%8h$2.4M$7.4M100xas long as short
Derive BTC-PERP+0.0100%1h$30.4M$59.0M15xas long as short
SunX BTC-USDTshort+0.0100%8h$3.4M$5.8M100x
Jupiter Perps WBTC-PERPlongL +0.0104% / S +0.0048%1h$84.8M500x
Kalshi KXBTCPERP+0.0106%8h$13.1M$640.3M6.4xas long as short
Hibachi BTC/USDT-P+0.0120%1h$754K$6.9M30xas long as short
Deribit BTC-PERPETUAL+0.0139%1h$914.5M$1.10B50xas long as short
Hyperliquid BTC+0.0156%1h$3.92B$4.40B40xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0172% / S −0.0153%1h$12.7M200xas long as short
Coinbase International BTC-PERP-INTX+0.0184%1h$128.6M$5.88B50xas long as short