Funding you earn now, next payment 04:00 UTC+0.0103%/8h= +11.3% APRpaid last 24h +0.007%
Price spread now: Aftermath Perps against SunX+0.083%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$310.309% of the position
Funding, last 3 days (all we have)+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now +0.083%, 7d avg +0.033%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aftermath Perps is 0.050% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BTC-USDT | 85,450 | 0.0100 | pay 0.0100% / 8h | 4h 40m | $2.9M | $6.1M | 100x |
| Short | Aftermath Perps BTCUSD | 85,521.2 | 0.0203 | get 0.0025% / 1h | 40m 49s | $78K | $219K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against SunX. 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
- $21.68
- Price spread: +0.083% → +0.033%
- $4.99
- Slippage, 4 orders
- −$13.94
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$4.27
- Costs to cover
- 0.309%
- Break-even
- 8.4 days
Slippage from SunX: live order book, 8 min ago; Aftermath Perps: live order book, 18 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 SunX live order book, 8 min ago | 0.75 bp | 6.3 bp −$6 | 7.0 bp −$70 | 9.1 bp −$914 | 12.7 bp −$6,326 |
| Sell Aftermath Perps live order book, 18 min ago | 1.00 bp | 9.8 bp −$10 | doesn't fit | doesn't fit | 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 | −0.0434% | 1h | 85,519.1 | +0.081% | $207K | $738K | 40x | as long as short |
| Phoenix BTC | −0.0179% | 1h | 85,385 | −0.076% | $2.2M | $10.3M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,444 | −0.007% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0048% | 1h | 85,441.7 | −0.010% | $366K | $2.3M | 50x | as long as short |
| BloFin BTC-USDT | −0.0031% | 8h | 85,454.3 | +0.005% | $416.4M | $665.7M | 150x | as long as short |
| KuCoin XBTUSDTM | −0.0007% | 8h | 85,473.7 | +0.028% | $919.3M | $750.3M | 125x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 85,481.7 | +0.037% | $36.5M | — | 200x | as long as short |
| Aster BTCUSDT | +0.0011% | 8h | 85,484.3 | +0.040% | $515.2M | $1.10B | 200x | as long as short |
| dYdX BTC-USD | +0.0014% | 1h | 85,433.8 | −0.019% | $16.7M | $21.2M | 50x | as long as short |
| Arcus BTC-USD | +0.0021% | 1h | 85,423.6 | −0.031% | $6.9M | $97.2M | 40x | as long as short |
Show all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado BTC-PERP | +0.0060% | 1h | 85,453.5 | +0.004% | $22.7M | $219.1M | 50x | as long as short |
| BingX BTC-USDT | +0.0060% | 8h | 85,500.4 | +0.059% | — | $1.54B | — | as long as short |
| Bitget BTCUSDT | +0.0075% | 8h | 85,493.5 | +0.051% | $2.96B | $5.03B | 150x | as long as short |
| Reya BTCRUSDPERP | +0.0079% | 1h | 85,447.8 | −0.003% | $6.7M | $146.7M | 40x | as long as short |
| Aevo BTC-PERP | +0.0088% | 1h | 85,463.1 | +0.015% | $2.4M | $1.7M | 20x | as long as short |
| MEXC BTC_USDT | +0.0089% | 8h | 85,499.8 | +0.058% | $5.05B | $5.59B | 500x | as long as short |
| Binance BTCUSDT | +0.0089% | 8h | 85,500 | +0.059% | $9.35B | $24.04B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,485.1 | +0.041% | $173.2M | $1.00B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,489.4 | +0.046% | $23.8M | $148.5M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,448 | −0.002% | $8.4M | $52.7M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,417 | −0.039% | $225K | $8.0M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,487.4 | +0.044% | $4.2M | $8.5M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,573 | +0.144% | $3.75B | $4.98B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,460.3 | +0.012% | $40.0M | $575.8M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,496.3 | +0.054% | $5.24B | $9.69B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,508 | +0.068% | $2.58B | $12.10B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,409 | −0.048% | $3.9M | $18.0M | 25x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,499.7 | +0.058% | $5.53B | $10.61B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,471.2 | +0.025% | $35.7M | $176.2M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,453.7 | +0.004% | $153.6M | $563.4M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,527.2 | +0.090% | $279.4M | $916.4M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,511.2 | +0.072% | $214.7M | $168.5M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,522.5 | +0.085% | $139.9M | $314.9M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,531 | +0.095% | $30.2M | $207.6M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,499 | +0.057% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,443 | −0.008% | $11.0M | $14.2M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,471.9 | +0.026% | $193K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,471.8 | +0.026% | $2.3M | $8.8M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,470.1 | +0.023% | $29.9M | $50.9M | 15x | as long as short |
| SunX BTC-USDTlong | +0.0100% | 8h | 85,450 | long leg | $2.9M | $6.1M | 100x | |
| SoDEX BTC-USD | +0.0100% | 1h | 85,474 | +0.028% | $59.9M | $336.1M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,454.3 | +0.005% | $2.26B | $940.1M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,475.9 | +0.030% | $149.9M | $484.1M | 150x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,513.6 | +0.074% | $649.6M | $594.9M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,474.2 | +0.028% | $44.5M | $226.5M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,449.9 | 0.000% | — | $106.9M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,513.8 | +0.075% | $117.0M | $5.16B | 50x | as long as short |
| Injective BTC/USDC PERP | +0.0150% | 1h | 85,539 | +0.104% | $340K | $26.9M | 52x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0170% | 1h | 85,499.8 | +0.058% | $188.4M | $954.2M | 100x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0176% / S −0.0150% | 1h | 85,475.2 | +0.029% | $13.4M | — | 200x | as long as short |
| RISEx BTC/USDC | +0.0194% | 1h | 85,467 | +0.020% | $8.3M | $42.4M | 25x | as long as short |
| Hibachi BTC/USDT-P | +0.0200% | 1h | 85,502.4 | +0.061% | $693K | $7.9M | 30x | as long as short |
| Aftermath Perps BTCUSDshort | +0.0203% | 1h | 85,521.2 | +0.083% | $78K | $219K | 20x | |
| Deribit BTC-PERPETUAL | +0.0210% | 1h | 85,525.4 | +0.088% | $893.9M | $1.53B | 50x | as long as short |
| Kalshi KXBTCPERP | +0.0217% | 8h | 85,474 | +0.028% | $10.4M | $758.6M | 6.4x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,452.5 | +0.003% | $497K | $18.9M | 6.7x | as long as short |
SunX BTC-USDT
Aftermath Perps BTCUSD
Bluefin BTC-PERP
Phoenix BTC
01 Exchange BTCUSD
BloFin BTC-USDT
KuCoin XBTUSDTM
gTrade (Gains Network) BTC/USD
Aster BTCUSDT
BingX BTC-USDT
Bitget BTCUSDT
MEXC BTC_USDT
Binance BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Gate BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Polymarket Perps BTC-USD
Bullet BTC-USD
Derive BTC-PERP
SoDEX BTC-USD
HTX BTC-USDT
Phemex BTCUSDT
Bulk BTC-USD
Extended BTC-USD
Coinbase International BTC-PERP-INTX
Injective BTC/USDC PERP
Kraken Futures PF_XBTUSD
GMX BTC/USD [WBTC.b-USDC]
RISEx BTC/USDC
Deribit BTC-PERPETUAL
Kalshi KXBTCPERP