BTC

Alert

Funding spread now, next payment 18:00 UTC−0.0048%/8h

paid, last 24h−0.007%paid, last 7 days−0.034%to open and close $10k−$20

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX BTC-USD	85,876.8	0.0072	pay 0.0009% / 1h	17m 44s	$30.7M	$221.1M	40x
Short	Binance BTCUSDT	85,909.9	0.0024	get 0.0024% / 8h	6h 17m	$9.48B	$22.06B	150x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee StandXbpFee BinancebpOrdersRate

Funding earned: −$10.02
Slippage, 4 orders: −$2.41
Fee StandX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$30.43
Break-even: never at this rate

Slippage from StandX: live order book, 3 min ago; Binance: live order book, 13 min ago.

Price risk

price view

Price gap now: +0.039%
Avg gap 7d: +0.006%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy StandX live order book, 3 min ago	0.87 bp	5.0 bp −$5	6.8 bp −$68	8.3 bp −$832	9.5 bp −$4,760
Sell Binance live order book, 13 min ago	0.01 bp	5.0 bp −$5	5.0 bp −$50	5.3 bp −$530	7.3 bp −$3,633

BTC on 55 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bluefin BTC-PERP	−0.1379%	1h	$143K	$410K	40x	as long as short
Arcus BTC-USD	−0.0377%	1h	$6.9M	$85.3M	40x	as long as short
Perpl BTC	−0.0223%	43m	$390K	$26.6M	6.7x	as long as short
Phoenix BTC	−0.0096%	1h	$1.9M	$11.0M	40x	as long as short
BloFin BTC-USDT	−0.0095%	8h	$423.4M	$567.0M	150x	as long as short
Hotstuff BTC-PERP	−0.0080%	1h	$9K	$4K	50x	as long as short
Kraken Futures PF_XBTUSD	−0.0073%	1h	$190.5M	$811.9M	100x	as long as short
ApeX Omni BTCUSDT	−0.0068%	1h	$139.3M	$319.4M	100x	as long as short
01 Exchange BTCUSD	−0.0056%	1h	$309K	$2.4M	50x	as long as short
dYdX BTC-USD	−0.0021%	1h	$17.2M	$18.1M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective BTC/USDC PERP	−0.0019%	1h	$308K	$27.0M	52x	as long as short
Reya BTCRUSDPERP	−0.0017%	1h	$6.7M	$138.2M	40x	as long as short
Bulk BTC-USD	−0.0015%	1h	$560.8M	$139.1M	40x	as long as short
SoDEX BTC-USD	−0.0006%	1h	$60.9M	$284.3M	40x	as long as short
Bitget BTCUSDT	−0.0004%	8h	$2.96B	$4.68B	150x	as long as short
BingX BTC-USDC	−0.0004%	8h	—	$14.7M	—	as long as short
KuCoin XBTUSDTM	−0.0002%	8h	$796.5M	$615.0M	125x	as long as short
gTrade (Gains Network) BTC/USD	L +0.0005% / S −0.0004%	1h	$36.8M	—	200x	as long as short
Gate BTC_USDT	+0.0010%	8h	$6.07B	$9.58B	200x	as long as short
Aster BTCUSDT	+0.0013%	8h	$504.9M	$1.10B	200x	as long as short
OKX BTC-USDT-SWAP	+0.0016%	8h	$2.66B	$11.55B	100x	as long as short
Phemex BTCUSDT	+0.0016%	8h	$148.1M	$417.2M	150x	as long as short
Bybit BTCUSDT	+0.0017%	8h	$5.25B	$8.59B	150x	as long as short
MEXC BTC_USDT	+0.0024%	8h	$5.17B	$5.15B	500x	as long as short
Aevo BTC-PERP	+0.0024%	1h	$2.4M	$1.3M	20x	as long as short
Binance BTCUSDTshort	+0.0024%	8h	$9.48B	$22.06B	150x
Extended BTC-USD	+0.0032%	1h	$48.7M	$199.7M	50x	as long as short
RISEx BTC/USDC	+0.0040%	1h	$9.1M	$38.5M	25x	as long as short
Popdex BTCUSDT	+0.0048%	1h	$8.5M	$46.5M	100x	as long as short
Aftermath Perps BTCUSD	+0.0062%	1h	$86K	$154K	20x	as long as short
Variational Omni BTC	+0.0065%	8h	$171.9M	$505.5M	—	as long as short
StandX BTC-USDlong	+0.0072%	1h	$30.7M	$221.1M	40x
Lighter BTC	+0.0096%	1h	$171.7M	$944.8M	50x	as long as short
Lighter RH BTC	+0.0096%	1h	$24.6M	$137.6M	50x	as long as short
Paradex BTC-USD-PERP	+0.0097%	8h	$4.4M	$6.8M	50x	as long as short
HTX BTC-USDT	+0.0098%	8h	$2.29B	$835.2M	200x	as long as short
Katana Perps BTC-USD	+0.0100%	8h	$191K	$5.8M	50x	as long as short
Nado BTC-PERP	+0.0100%	1h	$23.4M	$227.4M	50x	as long as short
Pacifica BTC	+0.0100%	1h	$36.9M	$400.4M	50x	as long as short
Ondo Perps BTC-USD.P	+0.0100%	1h	$3.9M	$16.8M	25x	as long as short
Backpack BTC_USDC_PERP	+0.0100%	1h	$37.2M	$127.3M	75x	as long as short
edgeX BTCUSDC	+0.0100%	4h	$280.4M	$880.5M	100x	as long as short
Vest BTC-PERP	+0.0100%	1h	—	$11.5M	50x	as long as short
Polymarket Perps BTC-USD	+0.0100%	1h	$11.0M	$11.7M	50x	as long as short
Bullet BTC-USD	+0.0100%	1h	$238K	$3.3M	20x	as long as short
Orderly PERP_BTC_USDC	+0.0100%	8h	$2.4M	$7.4M	100x	as long as short
Derive BTC-PERP	+0.0100%	1h	$30.4M	$59.0M	15x	as long as short
SunX BTC-USDT	+0.0100%	8h	$3.4M	$5.8M	100x	as long as short
Jupiter Perps WBTC-PERP	L +0.0104% / S +0.0048%	1h	—	$84.8M	500x	as long as short
Kalshi KXBTCPERP	+0.0106%	8h	$13.1M	$638.7M	6.4x	as long as short
Hibachi BTC/USDT-P	+0.0120%	1h	$759K	$7.0M	30x	as long as short
Hyperliquid BTC	+0.0153%	1h	$3.92B	$4.40B	40x	as long as short
GMX BTC/USD [WBTC.b-USDC]	L +0.0172% / S −0.0153%	1h	$12.7M	—	200x	as long as short
Deribit BTC-PERPETUAL	+0.0179%	1h	$915.3M	$1.10B	50x	as long as short
Coinbase International BTC-PERP-INTX	+0.0184%	1h	$129.0M	$5.89B	50x	as long as short