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

BTC

all BTC markets
SwapPrice view
Alert
Funding spread now, next payment 16:00 UTC−0.0028%/8h
next payment, per $10,000$0.03paid, last 24h−0.096%paid, last 3 days−0.114%to open and close $10k−$21
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx BTC/USDC85,823.10.0128pay 0.0016% / 1h28m 32s$8.4M$38.7M25x
ShortBluefin BTC-PERP85,915.30.0100get 0.0013% / 1h28m 32s$144K$406K40x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$5.8
Slippage, 4 orders
−$8.27
Fee RISEx: 3 bp × 2 orders
−$6
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$27.06
Break-even
never at this rate
Slippage from RISEx: live order book, 2 min ago; Bluefin: live order book, 22 min ago.

Price risk

price view
Price gap now
+0.107%
Avg gap 7d
−0.045%
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, 2 min ago0.01 bp3.0 bp −$33.0 bp −$3010.4 bp −$1,036doesn't fit
Sell Bluefin live order book, 22 min ago0.99 bp7.1 bp −$711.8 bp −$118doesn't fitdoesn't fit

BTC on 55 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Perpl BTC−0.0223%43m$453K$29.9M6.7xas long as short
ApeX Omni BTCUSDT−0.0104%1h$139.2M$318.7M100xas long as short
Phoenix BTC−0.0086%1h$1.8M$10.8M40xas long as short
Hotstuff BTC-PERP−0.0080%1h$9K$4K50xas long as short
01 Exchange BTCUSD−0.0064%1h$289K$2.4M50xas long as short
BloFin BTC-USDT−0.0054%8h$431.4M$551.5M150xas long as short
Aftermath Perps BTCUSD−0.0029%1h$86K$154K20xas long as short
Reya BTCRUSDPERP−0.0022%1h$6.7M$137.7M40xas long as short
Gate BTC_USDT−0.0017%8h$6.13B$9.42B200xas long as short
Phemex BTCUSDT−0.0015%8h$156.0M$402.9M150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
SoDEX BTC-USD−0.0014%1h$60.9M$283.5M40xas long as short
Bitget BTCUSDT−0.0005%8h$2.96B$4.67B150xas long as short
BingX BTC-USDC−0.0005%8h$14.8Mas long as short
dYdX BTC-USD0.0000%1h$17.2M$17.4M50xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h$36.8M200xas long as short
OKX BTC-USDT-SWAP+0.0030%8h$2.64B$11.59B100xas long as short
KuCoin XBTUSDTM+0.0039%8h$789.1M$615.7M125xas long as short
Aster BTCUSDT+0.0039%8h$486.4M$1.12B200xas long as short
HTX BTC-USDT+0.0063%8h$2.29B$850.7M200xas long as short
Aevo BTC-PERP+0.0064%1h$2.4M$1.6M20xas long as short
MEXC BTC_USDT+0.0066%8h$5.04B$5.10B500xas long as short
Binance BTCUSDT+0.0066%8h$9.52B$21.66B150xas long as short
Kraken Futures PF_XBTUSD+0.0071%1h$186.2M$816.3M100xas long as short
Paradex BTC-USD-PERP+0.0087%8h$4.4M$6.6M50xas long as short
Lighter BTC+0.0096%1h$172.0M$926.8M50xas long as short
Lighter RH BTC+0.0096%1h$24.7M$138.4M50xas long as short
Popdex BTCUSDT+0.0096%1h$8.5M$45.4M100xas long as short
Katana Perps BTC-USD+0.0100%8h$192K$5.4M50xas long as short
Nado BTC-PERP+0.0100%1h$23.9M$229.6M50xas long as short
Pacifica BTC+0.0100%1h$36.5M$350.6M50xas long as short
Bybit BTCUSDT+0.0100%8h$5.17B$8.49B150xas long as short
Ondo Perps BTC-USD.P+0.0100%1h$3.9M$16.3M25xas long as short
Arcus BTC-USD+0.0100%1h$5.8M$83.5M40xas long as short
Bulk BTC-USD+0.0100%1h$548.9M$98.1M40xas long as short
Backpack BTC_USDC_PERP+0.0100%1h$38.9M$106.4M75xas long as short
Variational Omni BTC+0.0100%8h$169.3M$508.3Mas long as short
edgeX BTCUSDC+0.0100%4h$277.9M$874.8M100xas long as short
StandX BTC-USD+0.0100%1h$30.6M$231.8M40xas long as short
Vest BTC-PERP+0.0100%1h$12.4M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h$10.9M$11.6M50xas long as short
Bullet BTC-USD+0.0100%1h$243K$3.3M20xas long as short
Orderly PERP_BTC_USDC+0.0100%8h$2.4M$7.2M100xas long as short
Bluefin BTC-PERPshort+0.0100%1h$144K$406K40x
Derive BTC-PERP+0.0100%1h$30.1M$59.1M15xas long as short
SunX BTC-USDT+0.0100%8h$3.3M$6.0M100xas long as short
Extended BTC-USD+0.0104%1h$48.7M$209.8M50xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h$89.3M500xas long as short
Coinbase International BTC-PERP-INTX+0.0104%1h$150.3M$6.24B50xas long as short
Kalshi KXBTCPERP+0.0104%8h$12.0M$570.4M6.4xas long as short
Injective BTC/USDC PERP+0.0108%1h$311K$27.0M52xas long as short
RISEx BTC/USDClong+0.0128%1h$8.4M$38.7M25x
GMX BTC/USD [WBTC.b-USDC]L +0.0198% / S −0.0176%1h$12.5M200xas long as short
Hibachi BTC/USDT-P+0.0224%1h$633K$7.3M30xas long as short
Hyperliquid BTC+0.0228%1h$3.89B$4.41B40xas long as short
Deribit BTC-PERPETUAL+0.0324%1h$896.0M$1.08B50xas long as short