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

BTC

all BTC markets
SwapPrice view
Alert
Funding spread now, next payment 18:00 UTC−0.0009%/8h
next payment, per $10,000$0.01paid, last 24h+0.014%paid, last 3 days+0.144%to open and close $10k−$13
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX BTC-USD85,961−0.0015get 0.0002% / 1h53m 18s$60.9M$284.0M40x
ShortExtended BTC-USD85,955−0.0024pay 0.0003% / 1h53m 18s$48.7M$200.6M50x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$1.83
Slippage, 4 orders
−$0.23
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$15.06
Break-even
never at this rate
Slippage from SoDEX: live order book, 2 min ago; Extended: live order book, 2 min ago.

Price risk

price view
Price gap now
−0.007%
Avg gap 7d
−0.029%
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 SoDEX live order book, 2 min ago0.06 bp4.1 bp −$44.1 bp −$415.0 bp −$49739.8 bp −$19.9K
Sell Extended live order book, 2 min ago0.06 bp2.6 bp −$32.6 bp −$262.6 bp −$2566.8 bp −$3,422

BTC on 55 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bluefin BTC-PERP−0.5527%1h$142K$392K40xas long as short
Arcus BTC-USD−0.0377%1h$6.5M$84.7M40xas long as short
Perpl BTC−0.0223%43m$413K$27.2M6.7xas long as short
Phoenix BTC−0.0096%1h$1.9M$11.0M40xas long as short
BloFin BTC-USDT−0.0088%8h$423.2M$565.0M150xas long as short
Hotstuff BTC-PERP−0.0080%1h$9K$4K50xas long as short
Kraken Futures PF_XBTUSD−0.0073%1h$189.6M$813.7M100xas long as short
01 Exchange BTCUSD−0.0056%1h$294K$2.4M50xas long as short
Phemex BTCUSDT−0.0054%8h$148.4M$413.7M150xas long as short
dYdX BTC-USD−0.0045%1h$17.3M$17.8M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Extended BTC-USDshort−0.0024%1h$48.7M$200.6M50x
Injective BTC/USDC PERP−0.0019%1h$308K$27.0M52xas long as short
Reya BTCRUSDPERP−0.0018%1h$6.7M$138.1M40xas long as short
SoDEX BTC-USDlong−0.0015%1h$60.9M$284.0M40x
Bulk BTC-USD−0.0012%1h$560.3M$139.6M40xas long as short
Bitget BTCUSDT−0.0004%8h$2.96B$4.68B150xas long as short
BingX BTC-USDT−0.0003%8h$1.38Bas long as short
KuCoin XBTUSDTM+0.0004%8h$794.0M$611.1M125xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h$36.8M200xas long as short
OKX BTC-USDT-SWAP+0.0013%8h$2.66B$11.53B100xas long as short
Bybit BTCUSDT+0.0015%8h$5.24B$8.57B150xas long as short
Aster BTCUSDT+0.0022%8h$505.3M$1.12B200xas long as short
Gate BTC_USDT+0.0027%8h$6.06B$9.44B200xas long as short
MEXC BTC_USDT+0.0032%8h$5.18B$5.07B500xas long as short
Aevo BTC-PERP+0.0032%1h$2.4M$1.3M20xas long as short
Binance BTCUSDT+0.0032%8h$9.51B$21.95B150xas long as short
RISEx BTC/USDC+0.0040%1h$9.2M$38.8M25xas long as short
Popdex BTCUSDT+0.0048%1h$8.5M$46.4M100xas long as short
ApeX Omni BTCUSDT+0.0057%1h$139.3M$318.6M100xas long as short
Derive BTC-PERP+0.0068%1h$30.4M$60.0M15xas long as short
StandX BTC-USD+0.0081%1h$30.6M$227.3M40xas long as short
Variational Omni BTC+0.0081%8h$171.5M$507.9Mas long as short
Bullet BTC-USD+0.0093%1h$230K$3.3M20xas long as short
Paradex BTC-USD-PERP+0.0094%8h$4.4M$6.8M50xas long as short
Lighter BTC+0.0096%1h$172.3M$929.3M50xas long as short
Lighter RH BTC+0.0096%1h$24.7M$134.6M50xas long as short
Katana Perps BTC-USD+0.0100%8h$215K$5.6M50xas long as short
Nado BTC-PERP+0.0100%1h$23.2M$227.1M50xas long as short
Pacifica BTC+0.0100%1h$37.0M$385.2M50xas long as short
Ondo Perps BTC-USD.P+0.0100%1h$4.0M$16.5M25xas long as short
Backpack BTC_USDC_PERP+0.0100%1h$37.5M$123.8M75xas long as short
edgeX BTCUSDC+0.0100%4h$278.8M$883.9M100xas long as short
Vest BTC-PERP+0.0100%1h$11.9M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h$11.0M$11.5M50xas long as short
Orderly PERP_BTC_USDC+0.0100%8h$2.3M$7.3M100xas long as short
SunX BTC-USDT+0.0100%8h$3.3M$5.9M100xas long as short
HTX BTC-USDT+0.0100%8h$2.29B$839.0M200xas long as short
Hibachi BTC/USDT-P+0.0104%1h$753K$7.4M30xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h$85.4M500xas long as short
Kalshi KXBTCPERP+0.0105%8h$14.2M$620.6M6.4xas long as short
Aftermath Perps BTCUSD+0.0106%1h$87K$150K20xas long as short
Hyperliquid BTC+0.0133%1h$3.89B$4.37B40xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0172% / S −0.0154%1h$12.7M200xas long as short
Coinbase International BTC-PERP-INTX+0.0184%1h$128.2M$6.00B50xas long as short
Deribit BTC-PERPETUAL+0.0208%1h$913.2M$1.11B50xas long as short