Funding you earn now, next payment 09:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.002%
Price spread now: Paradex against RISEx−0.013%56s7-day average +0.003% · you buy dearer than you sell
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−$140.136% of the position
Funding, last 4 days (all we have)+0.017%+$2 on $10k
+Price spread, last 7 days+0.017%+$2 · spread now −0.013%, 7d avg +0.003%
=Together, before fees+0.034%+ Points / potential airdropParadex: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 56 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 | 85,542.7 | 0.0194 | pay 0.0024% / 1h | 36m 30s | $8.9M | $42.6M | 25x |
| Short | Paradex BTC-USD-PERP | 85,531.7 | 0.0100 | get 0.0100% / 8h | 7h 36m | $5.7M | $9.6M | 50x |
RISEx BTC/USDC
Paradex BTC-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$19.72
- Price spread: −0.013% → +0.003%
- −$1.56
- Slippage, 4 orders
- −$3.62
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$34.91
- Costs to cover
- 0.136%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 3 min ago; Paradex: live order book, 3 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, 3 min ago | 0.01 bp | 3.0 bp −$3 | 3.0 bp −$30 | 11.2 bp −$1,118 | doesn't fit |
| Sell Paradex live order book, 3 min ago | 1.13 bp | 3.1 bp −$3 | 3.1 bp −$31 | 180.6 bp −$18.1K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin BTC-PERP | −0.1884% | 1h | 85,555.9 | +0.015% | $194K | $796K | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,510 | −0.038% | $8K | $2K | 50x | as long as short |
| BloFin BTC-USDT | −0.0020% | 8h | 85,508.2 | −0.040% | $423.0M | $682.0M | 150x | as long as short |
| Injective BTC/USDC PERP | −0.0006% | 1h | 85,438 | −0.122% | $307K | $25.0M | 52x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 85,492.4 | −0.059% | $346K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,521.7 | −0.025% | $36.6M | — | 200x | as long as short |
| KuCoin XBTUSDTM | +0.0014% | 8h | 85,496.2 | −0.054% | $938.8M | $777.9M | 125x | as long as short |
| Aster BTCUSDT | +0.0033% | 8h | 85,479.5 | −0.074% | $502.9M | $1.08B | 200x | as long as short |
| dYdX BTC-USD | +0.0052% | 1h | 85,512 | −0.036% | $16.8M | $21.0M | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0068% | 1h | 85,517.8 | −0.029% | $186.4M | $946.6M | 100x | as long as short |
Bluefin BTC-PERP
Hotstuff BTC-PERP
BloFin BTC-USDT
Injective BTC/USDC PERP
01 Exchange BTCUSD
gTrade (Gains Network) BTC/USD
KuCoin XBTUSDTM
Aster BTCUSDT
dYdX BTC-USD
Kraken Futures PF_XBTUSDShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | +0.0075% | 1h | 85,531 | −0.014% | $2.3M | $10.4M | 40x | as long as short |
| BingX BTC-USDC | +0.0080% | 8h | 85,477.4 | −0.076% | — | $17.4M | — | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,501.9 | −0.048% | $170.7M | $944.2M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,515.5 | −0.032% | $23.6M | $134.2M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,483 | −0.070% | $8.7M | $58.5M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,501.8 | −0.048% | $2.4M | $6.7M | 20x | as long as short |
| Nado BTC-PERP | +0.0096% | 1h | 85,484.3 | −0.068% | $24.0M | $216.5M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,467 | −0.088% | $265K | $8.7M | 50x | as long as short |
| Paradex BTC-USD-PERPshort | +0.0100% | 8h | 85,531.7 | −0.013% | $5.7M | $9.6M | 50x | |
| Pacifica BTC | +0.0100% | 1h | 85,520.7 | −0.026% | $40.5M | $604.9M | 50x | as long as short |
| Binance BTCUSDT | +0.0100% | 8h | 85,484 | −0.069% | $9.41B | $25.08B | 150x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,483.9 | −0.069% | $5.09B | $9.92B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,480.3 | −0.073% | $2.61B | $12.12B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,495 | −0.056% | $3.9M | $17.4M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,503.8 | −0.045% | $4.7M | $97.2M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,499.9 | −0.050% | $701.6M | $160.9M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,494.6 | −0.056% | $5.51B | $9.89B | 200x | as long as short |
| MEXC BTC_USDT | +0.0100% | 8h | 85,487.7 | −0.064% | $5.06B | $5.74B | 500x | as long as short |
| Bitget BTCUSDT | +0.0100% | 8h | 85,478.1 | −0.076% | $2.98B | $5.14B | 150x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,500.7 | −0.049% | $37.8M | $193.6M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,426.7 | −0.136% | $156.0M | $543.6M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,465.2 | −0.091% | $283.4M | $960.7M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,496.9 | −0.053% | $214.7M | $155.4M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,492.3 | −0.059% | $136.9M | $312.3M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,495.4 | −0.055% | $30.1M | $218.9M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,565.9 | +0.027% | — | $10.5M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,435 | −0.126% | $10.9M | $14.6M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,523.4 | −0.023% | $199K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,511.3 | −0.037% | $2.7M | $9.9M | 100x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,527.2 | −0.018% | $3.0M | $6.6M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,501 | −0.049% | $59.8M | $336.5M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,514.5 | −0.033% | $2.26B | $972.5M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,518.8 | −0.028% | $162.1M | $517.6M | 150x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,461.6 | −0.095% | $45.8M | $240.7M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,531.9 | −0.013% | — | $107.3M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,546 | +0.004% | $111.8M | $5.45B | 50x | as long as short |
| Derive BTC-PERP | +0.0138% | 1h | 85,573.4 | +0.036% | $28.9M | $52.4M | 15x | as long as short |
| Reya BTCRUSDPERP | +0.0148% | 1h | 85,506.1 | −0.043% | $6.6M | $138.5M | 40x | as long as short |
| Hyperliquid BTC | +0.0173% | 1h | 85,595 | +0.061% | $3.84B | $5.14B | 40x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0174% / S −0.0149% | 1h | 85,522.3 | −0.024% | $13.0M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0193% | 8h | 85,547 | +0.005% | $10.7M | $738.1M | 6.4x | as long as short |
| RISEx BTC/USDClong | +0.0194% | 1h | 85,542.7 | long leg | $8.9M | $42.6M | 25x | |
| Deribit BTC-PERPETUAL | +0.0208% | 1h | 85,552.3 | +0.011% | $828.1M | $1.66B | 50x | as long as short |
| Aftermath Perps BTCUSD | +0.0311% | 1h | 85,518.8 | −0.028% | $81K | $250K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0352% | 1h | 85,487.4 | −0.065% | $688K | $7.7M | 30x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,533.3 | −0.011% | $467K | $18.1M | 6.7x | as long as short |
Phoenix BTC
BingX BTC-USDC
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Aevo BTC-PERP
Nado BTC-PERP
Katana Perps BTC-USD
Pacifica BTC
Binance BTCUSDT
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Gate BTC_USDT
MEXC BTC_USDT
Bitget BTCUSDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
SunX BTC-USDT
SoDEX BTC-USD
HTX BTC-USDT
Phemex BTCUSDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Derive BTC-PERP
Reya BTCRUSDPERP
Hyperliquid BTC
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
Deribit BTC-PERPETUAL
Aftermath Perps BTCUSD
Hibachi BTC/USDT-P
Perpl BTC