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

BTC

all BTC markets
SwapPrice view
Alert
Funding spread now, next payment 19:00 UTC−0.0079%/8h
paid, last 24h−0.036%paid, last 3 days−0.197%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BTC-USDT-SWAP85,8200.0031pay 0.0031% / 8h5h 22m$2.67B$11.58B100x
ShortJupiter Perps WBTC-PERP85,893.3L +0.0104% / S +0.0048%pay 0.0006% / 1h22m 15s$83.3M500x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$16.69
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Jupiter Perps: 6 bp × 2 orders
−$12
Net
−$38.69
Break-even
never at this rate
Slippage unknown: OKX: live order book, 3 min ago; Jupiter Perps: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.085%
Avg gap 7d
+0.008%
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 −$55.0 bp −$505.6 bp −$5576.7 bp −$3,348
Sell Jupiter Perps no order-book sample
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
Perpl BTC−0.0447%43m$407K$26.0M6.7xas long as short
Arcus BTC-USD−0.0299%1h$6.7M$86.3M40xas long as short
BloFin BTC-USDT−0.0093%8h$425.1M$567.7M150xas long as short
Phoenix BTC−0.0082%1h$2.0M$11.0M40xas long as short
Hotstuff BTC-PERP−0.0080%1h$9K$4K50xas long as short
01 Exchange BTCUSD−0.0048%1h$311K$2.3M50xas long as short
Kraken Futures PF_XBTUSD−0.0019%1h$188.7M$818.7M100xas long as short
SoDEX BTC-USD−0.0019%1h$60.8M$285.6M40xas long as short
Reya BTCRUSDPERP−0.0016%1h$6.8M$138.4M40xas long as short
KuCoin XBTUSDTM−0.0009%8h$806.3M$620.9M125xas long as short
Show all 55 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective BTC/USDC PERP−0.0006%1h$309K$27.0M52xas long as short
dYdX BTC-USD−0.0004%1h$17.2M$17.7M50xas long as short
Kalshi KXBTCPERP0.0000%8h$11.8M$657.2M6.4xas long as short
Aftermath Perps BTCUSD+0.0001%1h$87K$157K20xas long as short
Bitget BTCUSDT+0.0002%8h$2.96B$4.68B150xas long as short
BingX BTC-USDT+0.0002%8h$1.37Bas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h$36.7M200xas long as short
Bulk BTC-USD+0.0005%1h$563.1M$124.9M40xas long as short
Aster BTCUSDT+0.0014%8h$506.0M$1.10B200xas long as short
Phemex BTCUSDT+0.0017%8h$152.3M$425.0M150xas long as short
Aevo BTC-PERP+0.0024%1h$2.4M$1.3M20xas long as short
MEXC BTC_USDT+0.0027%8h$5.16B$5.13B500xas long as short
Binance BTCUSDT+0.0027%8h$9.51B$22.14B150xas long as short
RISEx BTC/USDC+0.0031%1h$9.1M$38.7M25xas long as short
OKX BTC-USDT-SWAPlong+0.0031%8h$2.67B$11.58B100x
ApeX Omni BTCUSDT+0.0035%1h$139.8M$320.5M100xas long as short
HTX BTC-USDT+0.0036%8h$2.29B$851.0M200xas long as short
Gate BTC_USDT+0.0037%8h$6.06B$9.65B200xas long as short
Popdex BTCUSDT+0.0040%1h$8.5M$46.3M100xas long as short
Bybit BTCUSDT+0.0042%8h$5.28B$8.67B150xas long as short
Hibachi BTC/USDT-P+0.0072%1h$752K$6.5M30xas long as short
Variational Omni BTC+0.0074%8h$170.1M$506.3Mas long as short
Orderly PERP_BTC_USDC+0.0094%8h$2.4M$7.4M100xas long as short
Lighter BTC+0.0096%1h$171.9M$951.8M50xas long as short
Lighter RH BTC+0.0096%1h$24.5M$138.6M50xas long as short
Extended BTC-USD+0.0096%1h$48.6M$200.6M50xas long as short
Paradex BTC-USD-PERP+0.0099%8h$4.4M$6.9M50xas long as short
Katana Perps BTC-USD+0.0100%8h$193K$5.9M50xas long as short
Nado BTC-PERP+0.0100%1h$23.1M$227.1M50xas long as short
Pacifica BTC+0.0100%1h$36.9M$418.4M50xas long as short
Ondo Perps BTC-USD.P+0.0100%1h$4.0M$17.3M25xas long as short
Backpack BTC_USDC_PERP+0.0100%1h$37.4M$135.0M75xas long as short
edgeX BTCUSDC+0.0100%4h$280.7M$882.0M100xas long as short
StandX BTC-USD+0.0100%1h$30.7M$212.4M40xas long as short
Vest BTC-PERP+0.0100%1h$11.5M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h$10.9M$12.4M50xas long as short
Bullet BTC-USD+0.0100%1h$230K$3.3M20xas long as short
Bluefin BTC-PERP+0.0100%1h$144K$411K40xas long as short
Derive BTC-PERP+0.0100%1h$30.4M$58.9M15xas long as short
SunX BTC-USDT+0.0100%8h$3.4M$5.7M100xas long as short
Jupiter Perps WBTC-PERPshortL +0.0104% / S +0.0048%1h$83.3M500x
Deribit BTC-PERPETUAL+0.0143%1h$917.2M$1.12B50xas long as short
Hyperliquid BTC+0.0150%1h$3.96B$4.50B40xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0175% / S −0.0177%1h$13.7M200xas long as short
Coinbase International BTC-PERP-INTX+0.0200%1h$129.6M$5.83B50xas long as short