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

BTC

all BTC markets
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Funding spread now, next payment 18:00 UTC+0.0016%/8h
next payment, per $10,000+$0.02paid, last 24h+0.020%paid, last 3 days+0.043%to open and close $10k−$27
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx BTC/USDC85,8280.0040pay 0.0005% / 1h6m 43s$9.1M$38.7M25x
ShortAftermath Perps BTCUSD85,842.70.0056get 0.0007% / 1h6m 43s$86K$153K20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$3.28
Slippage, 4 orders
−$12.26
Fee RISEx: 3 bp × 2 orders
−$6
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$23.97
Break-even
58.1 days
Slippage from RISEx: live order book, 4 min ago; Aftermath Perps: live order book, 24 min ago.

Price risk

price view
Price gap now
+0.017%
Avg gap 7d
+0.010%
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 RISEx live order book, 4 min ago0.01 bp4.7 bp −$54.8 bp −$4811.3 bp −$1,129doesn't fit
Sell Aftermath Perps live order book, 24 min ago1.07 bp9.3 bp −$9doesn't fitdoesn't fitdoesn't fit

BTC on 55 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bluefin BTC-PERP−0.0987%1h$143K$410K40xas long as short
Perpl BTC−0.0447%43m$413K$26.5M6.7xas long as short
Arcus BTC-USD−0.0377%1h$6.7M$85.4M40xas long as short
BloFin BTC-USDT−0.0098%8h$422.9M$566.0M150xas long as short
Phoenix BTC−0.0096%1h$1.9M$11.0M40xas long as short
Hotstuff BTC-PERP−0.0080%1h$9K$4K50xas long as short
ApeX Omni BTCUSDT−0.0074%1h$139.2M$319.7M100xas long as short
Kraken Futures PF_XBTUSD−0.0073%1h$189.5M$813.9M100xas long as short
01 Exchange BTCUSD−0.0048%1h$309K$2.4M50xas long as short
dYdX BTC-USD−0.0019%1h$17.1M$18.1M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective BTC/USDC PERP−0.0019%1h$308K$27.0M52xas long as short
Reya BTCRUSDPERP−0.0017%1h$6.7M$138.2M40xas long as short
Bulk BTC-USD−0.0012%1h$561.5M$139.4M40xas long as short
KuCoin XBTUSDTM−0.0005%8h$804.6M$618.0M125xas long as short
Bitget BTCUSDT−0.0003%8h$2.96B$4.68B150xas long as short
BingX BTC-USDT−0.0003%8h$1.37Bas long as short
SoDEX BTC-USD−0.0003%1h$60.8M$284.3M40xas long as short
Phemex BTCUSDT+0.0004%8h$148.0M$419.4M150xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h$36.7M200xas long as short
Aster BTCUSDT+0.0009%8h$504.2M$1.10B200xas long as short
Gate BTC_USDT+0.0009%8h$6.07B$9.62B200xas long as short
Bybit BTCUSDT+0.0016%8h$5.25B$8.61B150xas long as short
OKX BTC-USDT-SWAP+0.0017%8h$2.66B$11.55B100xas long as short
MEXC BTC_USDT+0.0021%8h$5.17B$5.18B500xas long as short
Binance BTCUSDT+0.0022%8h$9.46B$22.12B150xas long as short
Aevo BTC-PERP+0.0024%1h$2.4M$1.3M20xas long as short
RISEx BTC/USDClong+0.0040%1h$9.1M$38.7M25x
Popdex BTCUSDT+0.0048%1h$8.5M$46.5M100xas long as short
Aftermath Perps BTCUSDshort+0.0056%1h$86K$153K20x
Variational Omni BTC+0.0059%8h$171.4M$507.4Mas long as short
Extended BTC-USD+0.0064%1h$48.6M$200.0M50xas long as short
StandX BTC-USD+0.0074%1h$30.6M$219.0M40xas long as short
HTX BTC-USDT+0.0083%8h$2.28B$835.0M200xas long as short
Lighter BTC+0.0096%1h$171.8M$949.2M50xas long as short
Lighter RH BTC+0.0096%1h$24.5M$138.2M50xas long as short
Paradex BTC-USD-PERP+0.0097%8h$4.4M$6.8M50xas long as short
Katana Perps BTC-USD+0.0100%8h$193K$5.8M50xas long as short
Nado BTC-PERP+0.0100%1h$23.3M$227.1M50xas long as short
Pacifica BTC+0.0100%1h$36.5M$404.7M50xas long as short
Ondo Perps BTC-USD.P+0.0100%1h$3.9M$16.8M25xas long as short
Backpack BTC_USDC_PERP+0.0100%1h$37.2M$128.0M75xas long as short
edgeX BTCUSDC+0.0100%4h$280.0M$879.2M100xas long as short
Vest BTC-PERP+0.0100%1h$11.5M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h$11.0M$11.7M50xas long as short
Bullet BTC-USD+0.0100%1h$236K$3.3M20xas long as short
Orderly PERP_BTC_USDC+0.0100%8h$2.4M$7.5M100xas long as short
Derive BTC-PERP+0.0100%1h$30.4M$58.9M15xas long as short
SunX BTC-USDT+0.0100%8h$3.4M$5.8M100xas long as short
Kalshi KXBTCPERP+0.0102%8h$13.1M$643.4M6.4xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h$84.8M500xas long as short
Hibachi BTC/USDT-P+0.0112%1h$754K$6.8M30xas long as short
Deribit BTC-PERPETUAL+0.0121%1h$916.1M$1.10B50xas long as short
Hyperliquid BTC+0.0158%1h$3.92B$4.40B40xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0172% / S −0.0153%1h$12.7M200xas long as short
Coinbase International BTC-PERP-INTX+0.0184%1h$129.1M$5.87B50xas long as short