Funding you earn now, next payment 07:00 UTC−0.0102%/8h= −11.1% APRpaid last 24h −0.005%
Price spread now: Binance against RISEx+0.001%85s7-day average −0.007% · 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−$160.162% of the position
Funding, last 4 days (all we have)−0.009%−$1 on $10k
+Price spread, last 7 days−0.035%−$3 · spread now +0.001%, 7d avg −0.007%
=The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 85 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 | RISEx BTC/USDC | 85,315.9 | 0.0193 | pay 0.0024% / 1h | 29m 07s | $8.8M | $42.9M | 25x |
| Short | Binance BTCUSDT | 85,316.6 | 0.0091 | get 0.0091% / 8h | 1h 29m | $9.42B | $24.95B | 150x |
RISEx BTC/USDC
Binance BTCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against RISEx. 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
- −$21.35
- Price spread: +0.001% → −0.007%
- $0.81
- Slippage, 4 orders
- −$0.22
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$36.76
- Costs to cover
- 0.162%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 5 min ago; Binance: live order book, 15 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 RISEx live order book, 5 min ago | 0.01 bp | 3.2 bp −$3 | 3.2 bp −$32 | 10.3 bp −$1,025 | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.01 bp | 5.0 bp −$5 | 5.0 bp −$50 | 5.4 bp −$543 | 7.0 bp −$3,480 |
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 | −0.0082% | 1h | 85,329 | +0.015% | $2.1M | $10.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,332 | +0.019% | $8K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0045% | 8h | 85,307.4 | −0.010% | $927.5M | $773.7M | 125x | as long as short |
| BloFin BTC-USDT | −0.0029% | 8h | 85,312.1 | −0.004% | $421.0M | $682.8M | 150x | as long as short |
| Aster BTCUSDT | −0.0012% | 8h | 85,311.7 | −0.005% | $512.6M | $1.09B | 200x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 85,351 | +0.041% | $353K | $2.4M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 85,335.1 | +0.023% | $493K | $18.5M | 6.7x | as long as short |
| dYdX BTC-USD | +0.0001% | 1h | 85,282.8 | −0.039% | $16.7M | $21.3M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,312.4 | −0.004% | $36.5M | — | 200x | as long as short |
| Nado BTC-PERP | +0.0042% | 1h | 85,326.4 | +0.012% | $24.4M | $222.4M | 50x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
KuCoin XBTUSDTM
BloFin BTC-USDT
Aster BTCUSDT
01 Exchange BTCUSD
Perpl BTC
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
Nado BTC-PERPShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BTC/USDC PERP | +0.0057% | 1h | 85,247 | −0.081% | $338K | $26.8M | 52x | as long as short |
| BingX BTC-USDC | +0.0070% | 8h | 85,295.2 | −0.024% | — | $17.5M | — | as long as short |
| Deribit BTC-PERPETUAL | +0.0081% | 1h | 85,356.6 | +0.048% | $862.2M | $1.64B | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0083% | 1h | 85,306.3 | −0.011% | $139.5M | $314.2M | 100x | as long as short |
| Aevo BTC-PERP | +0.0088% | 1h | 85,311.2 | −0.006% | $2.4M | $6.7M | 20x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0089% | 1h | 85,325.1 | +0.011% | $185.5M | $958.1M | 100x | as long as short |
| Bitget BTCUSDT | +0.0089% | 8h | 85,312.2 | −0.004% | $2.96B | $5.17B | 150x | as long as short |
| MEXC BTC_USDT | +0.0091% | 8h | 85,316.9 | +0.001% | $5.01B | $5.75B | 500x | as long as short |
| Binance BTCUSDTshort | +0.0091% | 8h | 85,316.6 | +0.001% | $9.42B | $24.95B | 150x | |
| Lighter BTC | +0.0096% | 1h | 85,326.1 | +0.012% | $170.2M | $1.02B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,329.7 | +0.016% | $23.5M | $148.1M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,337 | +0.025% | $8.4M | $56.3M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,315 | −0.001% | $236K | $8.7M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,313.3 | −0.003% | $5.14B | $9.98B | 150x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,398.1 | +0.096% | $5.8M | $9.6M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,393 | +0.090% | $3.74B | $5.09B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,363.8 | +0.056% | $39.9M | $602.6M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,321.8 | +0.007% | $2.59B | $12.24B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,334 | +0.021% | $3.8M | $17.1M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,333 | +0.020% | $5.2M | $99.0M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,322.8 | +0.008% | $5.54B | $11.01B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,308.2 | −0.009% | $37.0M | $178.4M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,275.8 | −0.047% | $154.7M | $557.8M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,267.5 | −0.057% | $279.4M | $951.1M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,293.3 | −0.026% | $214.1M | $165.1M | 50x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,287.3 | −0.033% | $30.1M | $203.6M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,384.1 | +0.080% | — | $10.9M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,329 | +0.015% | $11.0M | $14.6M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,315 | −0.001% | $202K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,319.1 | +0.004% | $2.6M | $9.8M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,357.3 | +0.049% | $194K | $795K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,214.5 | −0.119% | $29.9M | $47.0M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,318 | +0.002% | $2.9M | $6.1M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,313 | −0.003% | $59.7M | $336.8M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,316.8 | +0.001% | $2.26B | $967.7M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,327.7 | +0.014% | $151.9M | $509.9M | 150x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,269.9 | −0.054% | $683.1M | $415.1M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,290.1 | −0.030% | $44.8M | $240.7M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,338.6 | +0.027% | — | $106.8M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,349.6 | +0.040% | $116.1M | $5.46B | 50x | as long as short |
| Reya BTCRUSDPERP | +0.0129% | 1h | 85,307.5 | −0.010% | $6.6M | $147.6M | 40x | as long as short |
| Kalshi KXBTCPERP | +0.0183% | 8h | 85,348 | +0.038% | $11.7M | $740.8M | 6.4x | as long as short |
| RISEx BTC/USDClong | +0.0193% | 1h | 85,315.9 | long leg | $8.8M | $42.9M | 25x | |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0200% / S −0.0176% | 1h | 85,308.5 | −0.009% | $13.1M | — | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.0240% | 1h | 85,332.6 | +0.020% | $685K | $7.9M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0257% | 1h | 85,309.6 | −0.007% | $79K | $230K | 20x | as long as short |
Injective BTC/USDC PERP
BingX BTC-USDC
Deribit BTC-PERPETUAL
ApeX Omni BTCUSDT
Aevo BTC-PERP
Kraken Futures PF_XBTUSD
Bitget BTCUSDT
MEXC BTC_USDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Bybit BTCUSDT
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Gate BTC_USDT
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
SoDEX BTC-USD
HTX BTC-USDT
Phemex BTCUSDT
Bulk BTC-USD
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Reya BTCRUSDPERP
Kalshi KXBTCPERP
GMX BTC/USD [WBTC.b-USDC]
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD