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−0.0042%/8h
next payment, per $10,000−$0.42paid, last 24h−0.009%paid, last 3 days+0.051%to open and close $10k−$41
Long on ParadexShort on Binance
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex BTC-USD-PERP85,694.30.0091pay 0.0091% / 8h7h 51m$4.4M$6.8M50x
ShortBinance BTCUSDT85,690.40.0049get 0.0049% / 8h7h 51m$9.47B$22.18B150x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$8.79
Slippage, 4 orders
−$26.98
Fee Paradex: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$49.77
Break-even
never at this rate
Slippage from Paradex: live order book, 4 min ago; Binance: live order book, 9 min ago.

Price risk

price view
Price gap now
−0.005%
Avg gap 7d
−0.011%
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 Paradex live order book, 4 min ago13.49 bp15.5 bp −$1515.5 bp −$155doesn't fitdoesn't fit
Sell Binance live order book, 9 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
Phoenix BTC−0.0116%1h$1.8M$11.4M40xas long as short
Gate BTC_USDT−0.0115%8h$6.09B$9.31B200xas long as short
Perpl BTC−0.0112%43m$406K$29.1M6.7xas long as short
Hotstuff BTC-PERP−0.0080%1h$9K$4K50xas long as short
BloFin BTC-USDT−0.0069%8h$423.2M$568.2M150xas long as short
01 Exchange BTCUSD−0.0056%1h$287K$2.4M50xas long as short
SoDEX BTC-USD−0.0053%1h$60.9M$283.7M40xas long as short
Bybit BTCUSDT−0.0043%8h$5.21B$8.65B150xas long as short
Kraken Futures PF_XBTUSD−0.0040%1h$188.1M$827.2M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Reya BTCRUSDPERP−0.0020%1h$6.7M$138.0M40xas long as short
Bitget BTCUSDT−0.0005%8h$2.97B$4.72B150xas long as short
BingX BTC-USDC−0.0004%8h—$15.0M—as long as short
dYdX BTC-USD0.0000%1h$17.2M$17.6M50xas long as short
Kalshi KXBTCPERP0.0000%8h$14.2M$589.8M6.4xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h$36.8M—200xas long as short
KuCoin XBTUSDTM+0.0017%8h$789.3M$618.5M125xas long as short
OKX BTC-USDT-SWAP+0.0020%8h$2.65B$11.69B100xas long as short
Popdex BTCUSDT+0.0024%1h$8.5M$45.9M100xas long as short
ApeX Omni BTCUSDT+0.0027%1h$139.3M$318.2M100xas long as short
Aftermath Perps BTCUSD+0.0030%1h$87K$156K20xas long as short
Aster BTCUSDT+0.0031%8h$486.5M$1.13B200xas long as short
HTX BTC-USDT+0.0040%8h$2.29B$855.4M200xas long as short
Aevo BTC-PERP+0.0048%1h$2.4M$1.5M20xas long as short
Binance BTCUSDTshort+0.0049%8h$9.47B$22.18B150x
MEXC BTC_USDT+0.0050%8h$5.08B$5.15B500xas long as short
Bulk BTC-USD+0.0079%1h$557.9M$149.5M40xas long as short
Extended BTC-USD+0.0080%1h$48.9M$209.3M50xas long as short
StandX BTC-USD+0.0081%1h$30.6M$229.7M40xas long as short
Bullet BTC-USD+0.0090%1h$239K$3.3M20xas long as short
Derive BTC-PERP+0.0091%1h$30.3M$59.5M15xas long as short
Paradex BTC-USD-PERPlong+0.0091%8h$4.4M$6.8M50x
Lighter BTC+0.0096%1h$172.8M$905.2M50xas long as short
Lighter RH BTC+0.0096%1h$24.7M$133.0M50xas long as short
Variational Omni BTC+0.0096%8h$171.5M$511.0M—as long as short
Katana Perps BTC-USD+0.0100%8h$202K$5.6M50xas long as short
Nado BTC-PERP+0.0100%1h$23.5M$230.4M50xas long as short
Pacifica BTC+0.0100%1h$36.9M$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$6.5M$84.9M40xas long as short
Backpack BTC_USDC_PERP+0.0100%1h$37.6M$112.9M75xas long as short
edgeX BTCUSDC+0.0100%4h$278.4M$883.3M100xas 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$151.6M$411.6M150xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h—$90.0M500xas long as short
Coinbase International BTC-PERP-INTX+0.0112%1h$135.2M$6.25B50xas long as short
Hyperliquid BTC+0.0122%1h$3.89B$4.45B40xas long as short
RISEx BTC/USDC+0.0132%1h$8.7M$38.8M25xas long as short
Deribit BTC-PERPETUAL+0.0162%1h$910.7M$1.12B50xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0174% / S −0.0152%1h$12.5M—200xas long as short
Hibachi BTC/USDT-P+0.0184%1h$717K$7.4M30xas long as short