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

BTC

all BTC markets
SwapPrice view
Alert
Funding spread now, next payment 19:00 UTC+0.0006%/8h
paid, last 24h−0.013%paid, last 3 days+0.035%to open and close $10k−$22
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx BTC/USDC85,954.30.0031pay 0.0004% / 1h18m 45s$9.2M$38.7M25x
ShortHTX BTC-USDT85,912.30.0037get 0.0037% / 8h5h 18m$2.29B$858.2M200x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$1.32
Slippage, 4 orders
−$4.03
Fee RISEx: 3 bp × 2 orders
−$6
Fee HTX: 6 bp × 2 orders
−$12
Net
−$20.7
Break-even
116.4 days
Slippage from RISEx: live order book, 2 min ago; HTX: live order book, 2 min ago.

Price risk

price view
Price gap now
−0.049%
Avg gap 7d
−0.034%
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 bp5.6 bp −$66.1 bp −$6119.2 bp −$1,915doesn't fit
Sell HTX live order book, 2 min ago0.01 bp6.0 bp −$66.0 bp −$606.7 bp −$67310.3 bp −$5,174

BTC on 55 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Perpl BTC−0.0447%43m$401K$26.0M6.7xas long as short
Arcus BTC-USD−0.0299%1h$6.7M$86.4M40xas long as short
BloFin BTC-USDT−0.0094%8h$425.5M$568.6M150xas long as short
Phoenix BTC−0.0082%1h$2.0M$11.0M40xas long as short
Hotstuff BTC-PERP−0.0080%1h$9K$4K50xas long as short
01 Exchange BTCUSD−0.0048%1h$311K$2.3M50xas long as short
Kraken Futures PF_XBTUSD−0.0019%1h$189.1M$819.3M100xas long as short
SoDEX BTC-USD−0.0018%1h$60.9M$285.7M40xas long as short
Reya BTCRUSDPERP−0.0016%1h$6.8M$138.5M40xas long as short
KuCoin XBTUSDTM−0.0010%8h$807.3M$623.0M125xas long as short
Show all 55 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective BTC/USDC PERP−0.0006%1h$308K$27.0M52xas long as short
dYdX BTC-USD−0.0004%1h$17.1M$17.7M50xas long as short
Aftermath Perps BTCUSD−0.0004%1h$87K$157K20xas long as short
Kalshi KXBTCPERP0.0000%8h$11.9M$659.1M6.4xas long as short
Bitget BTCUSDT+0.0002%8h$2.96B$4.68B150xas long as short
BingX BTC-USDT+0.0002%8h$1.37Bas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h$36.7M200xas long as short
Bulk BTC-USD+0.0005%1h$563.1M$124.9M40xas long as short
Aster BTCUSDT+0.0014%8h$506.3M$1.10B200xas long as short
Phemex BTCUSDT+0.0015%8h$153.0M$425.7M150xas long as short
Aevo BTC-PERP+0.0024%1h$2.4M$1.3M20xas long as short
MEXC BTC_USDT+0.0026%8h$5.16B$5.13B500xas long as short
Binance BTCUSDT+0.0027%8h$9.52B$22.20B150xas long as short
RISEx BTC/USDClong+0.0031%1h$9.2M$38.7M25x
OKX BTC-USDT-SWAP+0.0032%8h$2.67B$11.60B100xas long as short
HTX BTC-USDTshort+0.0037%8h$2.29B$858.2M200x
Popdex BTCUSDT+0.0040%1h$8.5M$46.4M100xas long as short
ApeX Omni BTCUSDT+0.0042%1h$139.8M$320.4M100xas long as short
Bybit BTCUSDT+0.0044%8h$5.28B$8.69B150xas long as short
Gate BTC_USDT+0.0045%8h$6.07B$9.68B200xas long as short
Variational Omni BTC+0.0072%8h$170.0M$505.8Mas long as short
Hibachi BTC/USDT-P+0.0072%1h$752K$6.5M30xas long as short
Orderly PERP_BTC_USDC+0.0092%8h$2.4M$7.4M100xas long as short
Lighter BTC+0.0096%1h$171.9M$953.4M50xas long as short
Lighter RH BTC+0.0096%1h$24.5M$138.9M50xas long as short
Extended BTC-USD+0.0096%1h$48.6M$200.8M50xas long as short
Paradex BTC-USD-PERP+0.0099%8h$4.4M$6.9M50xas long as short
Katana Perps BTC-USD+0.0100%8h$199K$5.9M50xas long as short
Nado BTC-PERP+0.0100%1h$23.1M$227.3M50xas long as short
Pacifica BTC+0.0100%1h$36.6M$424.4M50xas long as short
Ondo Perps BTC-USD.P+0.0100%1h$4.0M$17.4M25xas long as short
Backpack BTC_USDC_PERP+0.0100%1h$37.4M$135.0M75xas long as short
edgeX BTCUSDC+0.0100%4h$280.5M$883.3M100xas long as short
StandX BTC-USD+0.0100%1h$30.6M$212.0M40xas long as short
Vest BTC-PERP+0.0100%1h$11.5M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h$11.0M$12.4M50xas long as short
Bullet BTC-USD+0.0100%1h$231K$3.3M20xas long as short
Bluefin BTC-PERP+0.0100%1h$144K$411K40xas long as short
Derive BTC-PERP+0.0100%1h$30.4M$58.9M15xas long as short
SunX BTC-USDT+0.0100%8h$3.4M$5.7M100xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h$83.4M500xas long as short
Hyperliquid BTC+0.0146%1h$3.96B$4.50B40xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0175% / S −0.0177%1h$13.7M200xas long as short
Deribit BTC-PERPETUAL+0.0197%1h$917.4M$1.12B50xas long as short
Coinbase International BTC-PERP-INTX+0.0200%1h$129.7M$5.84B50xas long as short