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

BTC

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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 19:00 UTC+0.0079%/8h
paid, last 24h+0.006%paid, last 7 days+0.033%to open and close $10k−$20
Long on OKXShort on StandX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BTC-USDT-SWAP85,972.50.0021pay 0.0021% / 8h5h 52m$2.66B$11.57B100x
ShortStandX BTC-USD85,943.90.0100get 0.0013% / 1h52m 14s$30.7M$216.3M40x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$16.66
Slippage, 4 orders
−$1.88
Fee OKX: 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
−$3.21
Break-even
8.4 days
Slippage from OKX: live order book, 3 min ago; StandX: live order book, 3 min ago.

Price risk

price view
Price gap now
−0.033%
Avg gap 7d
−0.006%
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 −$505.0 bp −$5016.1 bp −$3,056
Sell StandX live order book, 3 min ago0.52 bp4.9 bp −$55.9 bp −$597.6 bp −$7649.9 bp −$4,950

BTC on 55 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Perpl BTC−0.0447%43m$404K$26.3M6.7xas long as short
Arcus BTC-USD−0.0299%1h$6.7M$85.1M40xas long as short
BloFin BTC-USDT−0.0092%8h$422.6M$567.5M150xas long as short
Phoenix BTC−0.0082%1h$1.9M$11.0M40xas long as short
Hotstuff BTC-PERP−0.0080%1h$9K$4K50xas long as short
01 Exchange BTCUSD−0.0040%1h$310K$2.4M50xas long as short
Phemex BTCUSDT−0.0024%8h$147.9M$421.3M150xas long as short
Kraken Futures PF_XBTUSD−0.0019%1h$188.4M$815.6M100xas long as short
Reya BTCRUSDPERP−0.0017%1h$6.7M$138.3M40xas long as short
KuCoin XBTUSDTM−0.0007%8h$804.7M$618.6M125xas long as short
Show all 55 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective BTC/USDC PERP−0.0006%1h$307K$27.0M52xas long as short
dYdX BTC-USD−0.0002%1h$17.2M$18.1M50xas long as short
Bitget BTCUSDT−0.0001%8h$2.96B$4.67B150xas long as short
BingX BTC-USDC−0.0001%8h—$14.6M—as long as short
Kalshi KXBTCPERP0.0000%8h$12.2M$648.5M6.4xas long as short
Bulk BTC-USD+0.0002%1h$562.2M$127.9M40xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h$36.8M—200xas long as short
Aster BTCUSDT+0.0016%8h$505.2M$1.09B200xas long as short
OKX BTC-USDT-SWAPlong+0.0021%8h$2.66B$11.57B100x
Bybit BTCUSDT+0.0025%8h$5.27B$8.63B150xas long as short
MEXC BTC_USDT+0.0028%8h$5.16B$5.07B500xas long as short
Binance BTCUSDT+0.0030%8h$9.48B$22.03B150xas long as short
RISEx BTC/USDC+0.0031%1h$9.1M$38.6M25xas long as short
Aevo BTC-PERP+0.0032%1h$2.4M$1.3M20xas long as short
ApeX Omni BTCUSDT+0.0033%1h$139.7M$319.7M100xas long as short
Gate BTC_USDT+0.0034%8h$6.06B$9.57B200xas long as short
Aftermath Perps BTCUSD+0.0035%1h$86K$152K20xas long as short
SoDEX BTC-USD+0.0049%1h$60.9M$284.7M40xas long as short
Variational Omni BTC+0.0068%8h$170.5M$505.8M—as long as short
Extended BTC-USD+0.0080%1h$48.5M$200.0M50xas long as short
Popdex BTCUSDT+0.0080%1h$8.5M$46.4M100xas long as short
Lighter BTC+0.0096%1h$172.1M$942.6M50xas long as short
Lighter RH BTC+0.0096%1h$24.5M$137.1M50xas long as short
Paradex BTC-USD-PERP+0.0098%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$23.1M$226.9M50xas long as short
Pacifica BTC+0.0100%1h$36.6M$407.0M50xas long as short
Ondo Perps BTC-USD.P+0.0100%1h$3.9M$17.2M25xas long as short
Backpack BTC_USDC_PERP+0.0100%1h$37.6M$131.7M75xas long as short
edgeX BTCUSDC+0.0100%4h$280.4M$881.9M100xas long as short
StandX BTC-USDshort+0.0100%1h$30.7M$216.3M40x
Vest BTC-PERP+0.0100%1h—$11.5M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h$11.0M$12.0M50xas long as short
Bullet BTC-USD+0.0100%1h$236K$3.3M20xas long as short
Orderly PERP_BTC_USDC+0.0100%8h$2.4M$7.4M100xas long as short
Bluefin BTC-PERP+0.0100%1h$144K$411K40xas long as short
Derive BTC-PERP+0.0100%1h$30.5M$58.8M15xas long as short
SunX BTC-USDT+0.0100%8h$3.4M$5.8M100xas long as short
HTX BTC-USDT+0.0100%8h$2.29B$842.7M200xas long as short
Hibachi BTC/USDT-P+0.0104%1h$754K$6.6M30xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h—$83.8M500xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0172% / S −0.0153%1h$12.7M—200xas long as short
Deribit BTC-PERPETUAL+0.0178%1h$916.2M$1.10B50xas long as short
Hyperliquid BTC+0.0185%1h$3.96B$4.44B40xas long as short
Coinbase International BTC-PERP-INTX+0.0200%1h$129.4M$5.85B50xas long as short