Funding you earn now, next payment 09:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.23 per $10,000 · paid last 24h −0.054%
Price spread now: Hotstuff against Ondo Perps+0.011%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · Hotstuff: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps BTC-USD.P | 85,425 | 0.0100 | pay 0.0013% / 1h | 33m 19s | $3.9M | $17.3M | 25x |
| Short | Hotstuff BTC-PERP | 85,434 | −0.0080 | pay 0.0010% / 1h | 33m 19s | $8K | $2K | 50x |
Ondo Perps BTC-USD.P
Hotstuff BTC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Ondo Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$37.8
- Price spread: +0.011% → 0.000%
- $1.05
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$46.75
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Hotstuff: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Ondo Perps and Hotstuff: 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 56 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bluefin BTC-PERP | −0.1466% | 1h | 85,481.2 | +0.066% | $194K | $796K | 40x | as long as short |
| Hotstuff BTC-PERPshort | −0.0080% | 1h | 85,434 | +0.011% | $8K | $2K | 50x | |
| BloFin BTC-USDT | −0.0020% | 8h | 85,441.3 | +0.019% | $422.6M | $676.5M | 150x | as long as short |
| Injective BTC/USDC PERP | −0.0006% | 1h | 85,438 | +0.015% | $307K | $25.0M | 52x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 85,447.3 | +0.026% | $352K | $2.3M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,512.1 | +0.102% | $36.6M | — | 200x | as long as short |
| KuCoin XBTUSDTM | +0.0015% | 8h | 85,433.4 | +0.010% | $936.6M | $773.1M | 125x | as long as short |
| Aster BTCUSDT | +0.0033% | 8h | 85,442.9 | +0.021% | $502.7M | $1.08B | 200x | as long as short |
| dYdX BTC-USD | +0.0052% | 1h | 85,470 | +0.053% | $16.7M | $21.0M | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0068% | 1h | 85,464.9 | +0.047% | $185.7M | $937.1M | 100x | as long as short |
Bluefin BTC-PERP
BloFin BTC-USDT
Injective BTC/USDC PERP
01 Exchange BTCUSD
gTrade (Gains Network) BTC/USD
KuCoin XBTUSDTM
Aster BTCUSDT
dYdX BTC-USD
Kraken Futures PF_XBTUSDShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | +0.0075% | 1h | 85,542 | +0.137% | $2.3M | $10.4M | 40x | as long as short |
| BingX BTC-USDC | +0.0080% | 8h | 85,415 | −0.012% | — | $17.4M | — | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,470.2 | +0.053% | $170.7M | $945.0M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,447.5 | +0.026% | $23.5M | $134.4M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,442 | +0.020% | $8.7M | $58.1M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,441.6 | +0.019% | $2.4M | $6.7M | 20x | as long as short |
| Nado BTC-PERP | +0.0098% | 1h | 85,436.9 | +0.014% | $24.0M | $216.0M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,421 | −0.005% | $265K | $8.7M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,471.4 | +0.054% | $5.7M | $9.3M | 50x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,461.8 | +0.043% | $40.5M | $604.9M | 50x | as long as short |
| Binance BTCUSDT | +0.0100% | 8h | 85,434 | +0.011% | $9.40B | $24.93B | 150x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,434.6 | +0.011% | $5.09B | $9.89B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,439.3 | +0.017% | $2.61B | $12.08B | 100x | as long as short |
| Ondo Perps BTC-USD.Plong | +0.0100% | 1h | 85,425 | long leg | $3.9M | $17.3M | 25x | |
| Arcus BTC-USD | +0.0100% | 1h | 85,451.5 | +0.031% | $4.7M | $97.1M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,499.9 | +0.088% | $701.6M | $160.9M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,441.5 | +0.019% | $5.50B | $9.90B | 200x | as long as short |
| MEXC BTC_USDT | +0.0100% | 8h | 85,438.2 | +0.015% | $5.05B | $5.74B | 500x | as long as short |
| Bitget BTCUSDT | +0.0100% | 8h | 85,445.8 | +0.024% | $2.97B | $5.12B | 150x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,491.2 | +0.077% | $37.7M | $193.4M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,485.8 | +0.071% | $155.9M | $543.2M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,484.1 | +0.069% | $283.5M | $961.7M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,507.3 | +0.096% | $214.8M | $155.4M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,522 | +0.114% | $136.9M | $312.6M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,504 | +0.092% | $30.1M | $218.7M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,526.2 | +0.118% | — | $10.0M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,325 | −0.117% | $10.9M | $14.6M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,443.8 | +0.022% | $197K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,435.8 | +0.013% | $2.7M | $9.8M | 100x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,450.5 | +0.030% | $3.0M | $6.6M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,446 | +0.025% | $59.8M | $336.5M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,440.5 | +0.018% | $2.26B | $971.6M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,466.4 | +0.048% | $162.8M | $513.5M | 150x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,411.5 | −0.016% | $45.8M | $239.9M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,444.3 | +0.023% | — | $107.0M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,496.9 | +0.084% | $112.2M | $5.42B | 50x | as long as short |
| Derive BTC-PERP | +0.0123% | 1h | 85,569.1 | +0.169% | $28.9M | $52.4M | 15x | as long as short |
| Reya BTCRUSDPERP | +0.0149% | 1h | 85,458.2 | +0.039% | $6.6M | $138.0M | 40x | as long as short |
| Hyperliquid BTC | +0.0166% | 1h | 85,520 | +0.111% | $3.84B | $5.14B | 40x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0174% / S −0.0149% | 1h | 85,445.3 | +0.024% | $13.0M | — | 200x | as long as short |
| RISEx BTC/USDC | +0.0194% | 1h | 85,464.4 | +0.046% | $9.0M | $42.3M | 25x | as long as short |
| Deribit BTC-PERPETUAL | +0.0194% | 1h | 85,498.3 | +0.086% | $828.3M | $1.65B | 50x | as long as short |
| Kalshi KXBTCPERP | +0.0195% | 8h | 85,494 | +0.081% | $10.7M | $736.7M | 6.4x | as long as short |
| Aftermath Perps BTCUSD | +0.0325% | 1h | 85,493 | +0.080% | $79K | $256K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0352% | 1h | 85,520 | +0.111% | $688K | $7.6M | 30x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,518.9 | +0.110% | $466K | $18.1M | 6.7x | as long as short |
Phoenix BTC
BingX BTC-USDC
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Aevo BTC-PERP
Nado BTC-PERP
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Pacifica BTC
Binance BTCUSDT
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Arcus BTC-USD
Bulk BTC-USD
Gate BTC_USDT
MEXC BTC_USDT
Bitget BTCUSDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
SunX BTC-USDT
SoDEX BTC-USD
HTX BTC-USDT
Phemex BTCUSDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Derive BTC-PERP
Reya BTCRUSDPERP
Hyperliquid BTC
GMX BTC/USD [WBTC.b-USDC]
RISEx BTC/USDC
Deribit BTC-PERPETUAL
Kalshi KXBTCPERP
Aftermath Perps BTCUSD
Hibachi BTC/USDT-P
Perpl BTC