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

BTC

all BTC markets
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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 16:00 UTC+0.0024%/8h
next payment, per $10,000+$0.24paid, last 24h+0.002%paid, last 7 days+0.043%to open and close $10k−$17
Long on KuCoinShort on MEXC
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XBTUSDTM85,888.80.0063pay 0.0063% / 8h1h 26m$793.0M$587.4M125x
ShortMEXC BTC_USDT85,880.20.0087get 0.0087% / 8h1h 26m$4.98B$4.78B500x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$5.04
Slippage, 4 orders
−$0.86
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$11.82
Break-even
23.4 days
Slippage from KuCoin: live order book, 10 min ago; MEXC: live order book, 5 min ago.

Price risk

price view
Price gap now
−0.010%
Avg gap 7d
0.000%
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 KuCoin live order book, 10 min ago0.01 bp6.8 bp −$78.3 bp −$8310.5 bp −$1,046doesn't fit
Sell MEXC live order book, 5 min ago0.01 bp2.0 bp −$22.0 bp −$202.0 bp −$2012.0 bp −$1,007

BTC on 55 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Perpl BTC−0.0447%43m$390K$30.9M6.7xas long as short
Bluefin BTC-PERP−0.0399%1h$143K$402K40xas long as short
edgeX BTCUSDC−0.0112%4h$285.2M$811.1M100xas long as short
01 Exchange BTCUSD−0.0104%1h$284K$2.3M50xas long as short
Aftermath Perps BTCUSD−0.0083%1h$86K$143K20xas long as short
Hotstuff BTC-PERP−0.0080%1h$8K$3K50xas long as short
ApeX Omni BTCUSDT−0.0036%1h$138.4M$317.0M100xas long as short
Reya BTCRUSDPERP−0.0030%1h$6.8M$137.2M40xas long as short
Phemex BTCUSDT−0.0015%8h$158.9M$380.0M150xas long as short
Gate BTC_USDT−0.0010%8h$6.08B$8.73B200xas long as short
Show all 55 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget BTCUSDT−0.0009%8h$2.98B$4.36B150xas long as short
BingX BTC-USDT−0.0009%8h—$1.31B—as long as short
dYdX BTC-USD0.0000%1h$16.7M$14.7M50xas long as short
Kalshi KXBTCPERP0.0000%8h$9.1M$516.8M6.4xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h$36.8M—200xas long as short
Phoenix BTC+0.0015%1h$1.6M$10.8M40xas long as short
SoDEX BTC-USD+0.0027%1h$61.1M$258.7M40xas long as short
Aster BTCUSDT+0.0039%8h$489.1M$1.04B200xas long as short
HTX BTC-USDT+0.0040%8h$2.30B$790.8M200xas long as short
Kraken Futures PF_XBTUSD+0.0042%1h$187.0M$768.0M100xas long as short
OKX BTC-USDT-SWAP+0.0049%8h$2.58B$10.92B100xas long as short
KuCoin XBTUSDTMlong+0.0063%8h$793.0M$587.4M125x
Bullet BTC-USD+0.0066%1h$248K$3.3M20xas long as short
Nado BTC-PERP+0.0072%1h$23.6M$224.3M50xas long as short
Hibachi BTC/USDT-P+0.0072%1h$615K$7.2M30xas long as short
Aevo BTC-PERP+0.0080%1h$2.4M$1.6M20xas long as short
Paradex BTC-USD-PERP+0.0083%8h$4.3M$6.5M50xas long as short
MEXC BTC_USDTshort+0.0087%8h$4.98B$4.78B500x
Binance BTCUSDT+0.0087%8h$9.62B$20.08B150xas long as short
Popdex BTCUSDT+0.0088%1h$8.5M$41.4M100xas long as short
Lighter BTC+0.0096%1h$178.0M$876.2M50xas long as short
Lighter RH BTC+0.0096%1h$25.3M$134.5M50xas long as short
Katana Perps BTC-USD+0.0100%8h$197K$5.0M50xas long as short
Pacifica BTC+0.0100%1h$36.9M$323.4M50xas long as short
Bybit BTCUSDT+0.0100%8h$5.10B$8.01B150xas long as short
Ondo Perps BTC-USD.P+0.0100%1h$3.9M$15.6M25xas long as short
Arcus BTC-USD+0.0100%1h$6.0M$78.0M40xas long as short
Bulk BTC-USD+0.0100%1h$537.2M$59.9M40xas long as short
Backpack BTC_USDC_PERP+0.0100%1h$39.6M$100.7M75xas long as short
Variational Omni BTC+0.0100%8h$174.8M$467.7M—as long as short
StandX BTC-USD+0.0100%1h$30.6M$244.8M40xas long as short
Vest BTC-PERP+0.0100%1h—$13.2M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h$10.9M$10.8M50xas long as short
Orderly PERP_BTC_USDC+0.0100%8h$2.4M$6.8M100xas long as short
Derive BTC-PERP+0.0100%1h$28.9M$56.7M15xas long as short
SunX BTC-USDT+0.0100%8h$3.3M$5.5M100xas long as short
Extended BTC-USD+0.0104%1h$47.4M$202.3M50xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h—$87.0M500xas long as short
Coinbase International BTC-PERP-INTX+0.0112%1h$144.9M$6.20B50xas long as short
Hyperliquid BTC+0.0143%1h$3.87B$4.16B40xas long as short
RISEx BTC/USDC+0.0178%1h$8.5M$37.1M25xas long as short
Injective BTC/USDC PERP+0.0180%1h$308K$27.0M52xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0200% / S −0.0203%1h$13.3M—200xas long as short
BloFin BTC-USDT+0.0207%8h$421.5M$490.0M150xas long as short
Deribit BTC-PERPETUAL+0.0444%1h$859.7M$964.2M50xas long as short