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 00:00 UTC+0.0034%/8h
next payment, per $10,000+$0.34paid, last 24h−0.005%paid, last 7 days−0.005%to open and close $10k−$20
Long on OKXShort on Binance
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BTC-USDT-SWAP85,862.80.0020pay 0.0020% / 8h7h 57m$2.66B$11.68B100x
ShortBinance BTCUSDT85,859.40.0054get 0.0054% / 8h7h 57m$9.49B$22.05B150x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$7.23
Slippage, 4 orders
−$0.02
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$12.79
Break-even
19.4 days
Slippage from OKX: live order book, 3 min ago; Binance: live order book, 3 min ago.

Price risk

price view
Price gap now
−0.004%
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 OKX live order book, 3 min ago0.01 bp5.0 bp −$55.2 bp −$526.1 bp −$6076.6 bp −$3,322
Sell Binance live order book, 3 min ago0.01 bp5.0 bp −$55.0 bp −$505.9 bp −$5928.1 bp −$4,028

BTC on 55 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective BTC/USDC PERP−0.0137%1h$308K$27.0M52xas long as short
ApeX Omni BTCUSDT−0.0113%1h$139.4M$318.1M100xas long as short
Perpl BTC−0.0112%43m$405K$29.3M6.7xas long as short
Phoenix BTC−0.0086%1h$1.8M$10.7M40xas long as short
Hotstuff BTC-PERP−0.0080%1h$9K$4K50xas long as short
BloFin BTC-USDT−0.0065%8h$429.8M$568.5M150xas long as short
01 Exchange BTCUSD−0.0056%1h$288K$2.4M50xas long as short
Kraken Futures PF_XBTUSD−0.0040%1h$187.8M$823.8M100xas long as short
Reya BTCRUSDPERP−0.0020%1h$6.7M$137.9M40xas long as short
SoDEX BTC-USD−0.0017%1h$60.9M$283.6M40xas long as short
Show all 55 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget BTCUSDT−0.0004%8h$2.96B$4.70B150xas long as short
BingX BTC-USDC−0.0004%8h—$14.9M—as long as short
dYdX BTC-USD0.0000%1h$17.3M$17.5M50xas long as short
Popdex BTCUSDT0.0000%1h$8.5M$45.8M100xas long as short
Kalshi KXBTCPERP0.0000%8h$12.8M$585.5M6.4xas long as short
Gate BTC_USDT+0.0004%8h$6.12B$9.26B200xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h$36.8M—200xas long as short
OKX BTC-USDT-SWAPlong+0.0020%8h$2.66B$11.68B100x
KuCoin XBTUSDTM+0.0021%8h$789.9M$617.3M125xas long as short
Aftermath Perps BTCUSD+0.0023%1h$86K$154K20xas long as short
Aster BTCUSDT+0.0037%8h$487.4M$1.13B200xas long as short
MEXC BTC_USDT+0.0053%8h$5.09B$5.12B500xas long as short
Binance BTCUSDTshort+0.0054%8h$9.49B$22.05B150x
Aevo BTC-PERP+0.0056%1h$2.4M$1.5M20xas long as short
Bybit BTCUSDT+0.0058%8h$5.20B$8.60B150xas long as short
HTX BTC-USDT+0.0073%8h$2.29B$853.4M200xas long as short
Bullet BTC-USD+0.0086%1h$243K$3.3M20xas long as short
Derive BTC-PERP+0.0091%1h$30.3M$59.2M15xas long as short
Paradex BTC-USD-PERP+0.0091%8h$4.4M$6.7M50xas long as short
Nado BTC-PERP+0.0094%1h$23.8M$230.3M50xas long as short
Lighter BTC+0.0096%1h$172.9M$898.0M50xas long as short
Lighter RH BTC+0.0096%1h$24.9M$132.4M50xas long as short
Extended BTC-USD+0.0096%1h$48.9M$209.7M50xas long as short
Variational Omni BTC+0.0098%8h$172.1M$512.2M—as long as short
StandX BTC-USD+0.0099%1h$30.6M$230.0M40xas long as short
Katana Perps BTC-USD+0.0100%8h$197K$5.6M50xas long as short
Pacifica BTC+0.0100%1h$37.0M$362.8M50xas long as short
Ondo Perps BTC-USD.P+0.0100%1h$3.9M$16.3M25xas long as short
Arcus BTC-USD+0.0100%1h$6.4M$84.7M40xas long as short
Bulk BTC-USD+0.0100%1h$558.9M$144.9M40xas long as short
Backpack BTC_USDC_PERP+0.0100%1h$38.6M$110.3M75xas long as short
edgeX BTCUSDC+0.0100%4h$278.4M$884.5M100xas long as short
Vest BTC-PERP+0.0100%1h—$11.9M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h$11.0M$11.7M50xas long as short
Orderly PERP_BTC_USDC+0.0100%8h$2.3M$7.3M100xas long as short
Bluefin BTC-PERP+0.0100%1h$143K$408K40xas long as short
SunX BTC-USDT+0.0100%8h$3.3M$6.2M100xas long as short
Phemex BTCUSDT+0.0100%8h$152.9M$410.0M150xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h—$89.7M500xas long as short
Deribit BTC-PERPETUAL+0.0107%1h$910.8M$1.12B50xas long as short
Coinbase International BTC-PERP-INTX+0.0112%1h$151.8M$6.23B50xas long as short
RISEx BTC/USDC+0.0132%1h$8.8M$38.7M25xas long as short
Hyperliquid BTC+0.0149%1h$3.91B$4.51B40xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0198% / S −0.0175%1h$12.5M—200xas long as short
Hibachi BTC/USDT-P+0.0216%1h$705K$7.4M30xas long as short