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

BTC

all BTC markets
SwapPrice view
Alert
Funding spread now, next payment 18:00 UTC−0.0048%/8h
paid, last 24h−0.017%paid, last 3 days−0.097%to open and close $10k−$22
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XBTUSDTM85,880.90get 0.0000% / 8h6h 30m$797.8M$614.9M125x
Short01 Exchange BTCUSD85,918−0.0048pay 0.0006% / 1h30m 01s$303K$2.4M50x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$10.08
Slippage, 4 orders
−$3.11
Fee KuCoin: 6 bp × 2 orders
−$12
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$32.19
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; 01 Exchange: live order book, 1 min ago.

Price risk

price view
Price gap now
+0.043%
Avg gap 7d
−0.003%
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, 6 min ago0.01 bp6.0 bp −$66.4 bp −$647.7 bp −$771doesn't fit
Sell 01 Exchange live order book, 1 min ago0.01 bp6.6 bp −$714.1 bp −$141doesn't fitdoesn't fit

BTC on 55 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bluefin BTC-PERP−0.2117%1h$143K$411K40xas long as short
Arcus BTC-USD−0.0377%1h$6.8M$85.1M40xas long as short
Perpl BTC−0.0223%43m$406K$26.8M6.7xas long as short
Phoenix BTC−0.0096%1h$1.9M$11.0M40xas long as short
BloFin BTC-USDT−0.0094%8h$424.7M$566.7M150xas long as short
ApeX Omni BTCUSDT−0.0093%1h$139.5M$319.2M100xas long as short
Hotstuff BTC-PERP−0.0080%1h$9K$4K50xas long as short
Kraken Futures PF_XBTUSD−0.0073%1h$190.5M$813.8M100xas long as short
01 Exchange BTCUSDshort−0.0048%1h$303K$2.4M50x
dYdX BTC-USD−0.0029%1h$17.1M$18.1M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
SoDEX BTC-USD−0.0022%1h$60.9M$284.2M40xas long as short
Phemex BTCUSDT−0.0020%8h$148.4M$415.7M150xas long as short
Bulk BTC-USD−0.0019%1h$560.6M$139.0M40xas long as short
Injective BTC/USDC PERP−0.0019%1h$308K$27.0M52xas long as short
Reya BTCRUSDPERP−0.0018%1h$6.7M$138.1M40xas long as short
Bitget BTCUSDT−0.0005%8h$2.96B$4.68B150xas long as short
BingX BTC-USDC−0.0005%8h$14.7Mas long as short
KuCoin XBTUSDTMlong0.0000%8h$797.8M$614.9M125x
Gate BTC_USDT+0.0001%8h$6.08B$9.55B200xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h$36.7M200xas long as short
OKX BTC-USDT-SWAP+0.0013%8h$2.66B$11.55B100xas long as short
Aster BTCUSDT+0.0014%8h$504.7M$1.10B200xas long as short
Extended BTC-USD+0.0016%1h$48.7M$199.6M50xas long as short
Bybit BTCUSDT+0.0016%8h$5.25B$8.58B150xas long as short
Aevo BTC-PERP+0.0024%1h$2.4M$1.3M20xas long as short
MEXC BTC_USDT+0.0025%8h$5.17B$5.13B500xas long as short
Binance BTCUSDT+0.0026%8h$9.48B$22.08B150xas long as short
Popdex BTCUSDT+0.0040%1h$8.5M$46.5M100xas long as short
RISEx BTC/USDC+0.0040%1h$9.2M$38.6M25xas long as short
StandX BTC-USD+0.0064%1h$30.7M$225.5M40xas long as short
Variational Omni BTC+0.0065%8h$171.9M$505.5Mas long as short
Aftermath Perps BTCUSD+0.0079%1h$86K$154K20xas long as short
Bullet BTC-USD+0.0092%1h$229K$3.3M20xas long as short
Paradex BTC-USD-PERP+0.0096%8h$4.4M$6.8M50xas long as short
Lighter BTC+0.0096%1h$171.5M$941.6M50xas long as short
Lighter RH BTC+0.0096%1h$24.7M$136.5M50xas long as short
Katana Perps BTC-USD+0.0100%8h$192K$5.7M50xas long as short
Nado BTC-PERP+0.0100%1h$23.2M$227.2M50xas long as short
Pacifica BTC+0.0100%1h$37.0M$391.7M50xas long as short
Ondo Perps BTC-USD.P+0.0100%1h$4.0M$16.7M25xas long as short
Backpack BTC_USDC_PERP+0.0100%1h$37.2M$125.8M75xas long as short
edgeX BTCUSDC+0.0100%4h$280.2M$882.2M100xas 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
Orderly PERP_BTC_USDC+0.0100%8h$2.4M$7.4M100xas long as short
Derive BTC-PERP+0.0100%1h$30.4M$59.6M15xas long as short
SunX BTC-USDT+0.0100%8h$3.3M$5.8M100xas long as short
HTX BTC-USDT+0.0100%8h$2.29B$833.2M200xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h$84.7M500xas long as short
Kalshi KXBTCPERP+0.0105%8h$13.3M$632.5M6.4xas long as short
Deribit BTC-PERPETUAL+0.0107%1h$915.1M$1.11B50xas long as short
Hibachi BTC/USDT-P+0.0112%1h$752K$7.2M30xas long as short
Hyperliquid BTC+0.0140%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$128.5M$5.92B50xas long as short