Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.012%
Price spread now: ApeX Omni against Paradex+0.054%50s7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$170.166% of the position
Funding, last 4 days (all we have)−0.014%−$1 on $10k
+Price spread, last 7 days−0.108%−$11 · spread now +0.054%, 7d avg −0.002%
=Together, before fees−0.122%+ Points / potential airdropParadex: Active · farm board−$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.055% dearer against Paradex than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.002%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex BTC-USD-PERP | 86,615.4 | 0.0100 | pay 0.0100% / 8h | 42m 11s | $4.8M | $8.5M | 50x |
| Short | ApeX Omni BTCUSDT | 86,662 | 0.0100 | get 0.0013% / 1h | 42m 11s | $141.6M | $323.3M | 100x |
Paradex BTC-USD-PERP
ApeX Omni BTCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Paradex. 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
- $0.03
- Price spread: +0.054% → −0.002%
- $5.55
- Slippage, 4 orders
- −$2.62
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$11.04
- Costs to cover
- 0.166%
- Break-even
- 2329.1 days
Slippage from Paradex: live order book, 2 min ago; ApeX Omni: live order book, 2 min ago.
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 Paradex live order book, 2 min ago | 0.95 bp | 3.0 bp −$3 | 3.0 bp −$30 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 2 min ago | 0.35 bp | 5.3 bp −$5 | 5.3 bp −$53 | 10.5 bp −$1,051 | 39.9 bp −$20.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0118% | 1h | 86,580 | −0.041% | $2.2M | $11.8M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,574 | −0.048% | $9K | $3K | 50x | as long as short |
| Injective BTC/USDC PERP | −0.0035% | 1h | 86,568 | −0.055% | $333K | $26.8M | 52x | as long as short |
| RISEx BTC/USDC | −0.0024% | 1h | 86,586.6 | −0.033% | $8.3M | $42.9M | 25x | as long as short |
| 01 Exchange BTCUSD | −0.0024% | 1h | 86,589.2 | −0.030% | $361K | $2.5M | 50x | as long as short |
| Deribit BTC-PERPETUAL | 0.0000% | 1h | 86,597.6 | −0.021% | $916.4M | $1.49B | 50x | as long as short |
| Aster BTCUSDT | 0.0000% | 8h | 86,571.5 | −0.051% | $502.3M | $1.15B | 200x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 86,585.7 | −0.034% | $36.9M | — | 200x | as long as short |
| KuCoin XBTUSDTM | +0.0012% | 8h | 86,568.9 | −0.054% | $851.2M | $715.1M | 125x | as long as short |
| dYdX BTC-USD | +0.0026% | 1h | 86,630.3 | +0.017% | $17.0M | $21.1M | 50x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
Injective BTC/USDC PERP
RISEx BTC/USDC
01 Exchange BTCUSD
Deribit BTC-PERPETUAL
Aster BTCUSDT
gTrade (Gains Network) BTC/USD
KuCoin XBTUSDTM
dYdX BTC-USDShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya BTCRUSDPERP | +0.0027% | 1h | 86,572.2 | −0.050% | $6.7M | $145.4M | 40x | as long as short |
| BingX BTC-USDC | +0.0042% | 8h | 86,546.3 | −0.080% | — | $15.4M | — | as long as short |
| Phemex BTCUSDT | +0.0042% | 8h | 86,578.5 | −0.043% | $150.4M | $479.5M | 150x | as long as short |
| Bitget BTCUSDT | +0.0052% | 8h | 86,557.8 | −0.066% | $2.96B | $5.12B | 150x | as long as short |
| MEXC BTC_USDT | +0.0072% | 8h | 86,564.6 | −0.059% | $5.15B | $5.64B | 500x | as long as short |
| Aevo BTC-PERP | +0.0072% | 1h | 86,565.1 | −0.058% | $2.4M | $1.3M | 20x | as long as short |
| Binance BTCUSDT | +0.0073% | 8h | 86,564.4 | −0.059% | $9.43B | $24.57B | 150x | as long as short |
| Gate BTC_USDT | +0.0082% | 8h | 86,563.3 | −0.060% | $5.88B | $10.74B | 200x | as long as short |
| SoDEX BTC-USD | +0.0093% | 1h | 86,564 | −0.059% | $60.5M | $337.7M | 40x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,570.6 | −0.052% | $170.5M | $1.01B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,585 | −0.035% | $24.0M | $151.8M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,575 | −0.047% | $8.5M | $52.6M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,563 | −0.060% | $200K | $7.0M | 50x | as long as short |
| Paradex BTC-USD-PERPlong | +0.0100% | 8h | 86,615.4 | long leg | $4.8M | $8.5M | 50x | |
| Bybit BTCUSDT | +0.0100% | 8h | 86,558.2 | −0.066% | $5.26B | $9.82B | 150x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,591.4 | −0.028% | $21.9M | $234.8M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,640 | +0.028% | $3.80B | $5.11B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,614.4 | −0.001% | $40.8M | $524.0M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,566.6 | −0.056% | $2.55B | $12.76B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,603 | −0.014% | $3.9M | $18.6M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,610.9 | −0.005% | $7.6M | $95.1M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,560.7 | −0.063% | $572.5M | $17.8M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,561.4 | −0.062% | $38.4M | $156.0M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,628.8 | +0.016% | $157.3M | $569.4M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,643 | +0.032% | $279.9M | $948.2M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,648.3 | +0.038% | $217.6M | $172.0M | 50x | as long as short |
| ApeX Omni BTCUSDTshort | +0.0100% | 1h | 86,662 | +0.054% | $141.6M | $323.3M | 100x | |
| StandX BTC-USD | +0.0100% | 1h | 86,596.7 | −0.022% | $30.7M | $204.7M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,628.4 | +0.015% | — | $11.9M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,574 | −0.048% | $11.1M | $13.8M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,570 | −0.052% | $190K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,569.6 | −0.053% | $2.4M | $8.9M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 86,596.3 | −0.022% | $140K | $663K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,595.8 | −0.023% | $30.6M | $62.6M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,626 | +0.012% | $3.4M | $5.4M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 86,566.1 | −0.057% | $2.30B | $970.6M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,549.3 | −0.076% | $45.4M | $227.1M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,584.2 | −0.036% | — | $98.9M | 500x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0110% | 1h | 86,588.1 | −0.032% | $193.5M | $951.7M | 100x | as long as short |
| Perpl BTC | +0.0112% | 43m | 86,586.8 | −0.033% | $418K | $23.2M | 6.7x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 86,600.9 | −0.017% | $132.7M | $5.68B | 50x | as long as short |
| Aftermath Perps BTCUSD | +0.0119% | 1h | 86,610.6 | −0.006% | $79K | $219K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0184% | 1h | 86,688.4 | +0.084% | $729K | $8.1M | 30x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0193% / S −0.0216% | 1h | 86,579.7 | −0.041% | $15.1M | — | 200x | as long as short |
| BloFin BTC-USDT | +0.0193% | 8h | 86,567.3 | −0.056% | $413.7M | $658.7M | 150x | as long as short |
| Kalshi KXBTCPERP | +0.0209% | 8h | 86,606 | −0.011% | $9.7M | $743.6M | 6.4x | as long as short |
Reya BTCRUSDPERP
BingX BTC-USDC
Phemex BTCUSDT
Bitget BTCUSDT
MEXC BTC_USDT
Aevo BTC-PERP
Binance BTCUSDT
Gate BTC_USDT
SoDEX BTC-USD
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Bybit BTCUSDT
Nado BTC-PERP
Hyperliquid BTC
Pacifica BTC
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
Derive BTC-PERP
SunX BTC-USDT
HTX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Kraken Futures PF_XBTUSD
Perpl BTC
Coinbase International BTC-PERP-INTX
Aftermath Perps BTCUSD
Hibachi BTC/USDT-P
GMX BTC/USD [WBTC.b-USDC]
BloFin BTC-USDT
Kalshi KXBTCPERP