Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.012%
Price spread now: Arcus against SunX−0.034%7-day average +0.028% · 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−$22as in the Price arb table
costs, in and out, $10k−$160.158% of the position
Funding, last 4 days (all we have)−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.034%, 7d avg +0.028%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.062% cheaper against SunX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BTC-USDT | 85,464.8 | 0.0100 | pay 0.0100% / 8h | 1h 04m | $2.9M | $6.1M | 100x |
| Short | Arcus BTC-USD | 85,435.8 | 0.0100 | get 0.0013% / 1h | 4m 46s | $5.1M | $96.0M | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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
- $0
- Price spread: −0.034% → +0.028%
- −$6.2
- Slippage, 4 orders
- −$3.29
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$21.99
- Costs to cover
- 0.158%
- Break-even
- never at this rate
Slippage from SunX: live order book, 4 min ago; Arcus: live order book, 4 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, 4 min ago | 0.42 bp | 5.0 bp −$5 | 5.3 bp −$53 | 7.0 bp −$701 | 9.6 bp −$4,775 |
| Sell Arcus live order book, 4 min ago | 0.01 bp | 2.8 bp −$3 | 3.8 bp −$38 | 4.5 bp −$453 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0082% | 1h | 85,520 | +0.065% | $2.3M | $10.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,456 | −0.010% | $8K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0033% | 8h | 85,428.2 | −0.043% | $928.9M | $772.9M | 125x | as long as short |
| BloFin BTC-USDT | −0.0022% | 8h | 85,455 | −0.011% | $421.8M | $681.5M | 150x | as long as short |
| Aster BTCUSDT | −0.0003% | 8h | 85,416.2 | −0.057% | $512.7M | $1.09B | 200x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 85,444.2 | −0.024% | $353K | $2.4M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 85,439.3 | −0.030% | $492K | $18.3M | 6.7x | as long as short |
| dYdX BTC-USD | +0.0001% | 1h | 85,475.9 | +0.013% | $16.7M | $21.0M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,445.5 | −0.023% | $36.5M | — | 200x | as long as short |
| Deribit BTC-PERPETUAL | +0.0034% | 1h | 85,467 | +0.003% | $853.6M | $1.64B | 50x | 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 | +0.0045% | 1h | 85,459.2 | −0.007% | $24.1M | $219.8M | 50x | as long as short |
| Injective BTC/USDC PERP | +0.0057% | 1h | 85,486 | +0.025% | $339K | $26.8M | 52x | as long as short |
| BingX BTC-USDT | +0.0074% | 8h | 85,418.4 | −0.054% | — | $1.57B | — | as long as short |
| Kraken Futures PF_XBTUSD | +0.0089% | 1h | 85,439.7 | −0.029% | $186.0M | $951.1M | 100x | as long as short |
| Bitget BTCUSDT | +0.0092% | 8h | 85,414.3 | −0.059% | $2.97B | $5.15B | 150x | as long as short |
| Bybit BTCUSDT | +0.0093% | 8h | 85,414.3 | −0.059% | $5.14B | $9.96B | 150x | as long as short |
| SoDEX BTC-USD | +0.0095% | 1h | 85,425 | −0.047% | $59.8M | $336.6M | 40x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,428.2 | −0.043% | $169.7M | $1.03B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,439.6 | −0.029% | $23.6M | $148.9M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,460 | −0.006% | $8.4M | $57.2M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,447.2 | −0.021% | $2.4M | $6.7M | 20x | as long as short |
| MEXC BTC_USDT | +0.0097% | 8h | 85,416.1 | −0.057% | $5.04B | $5.78B | 500x | as long as short |
| Binance BTCUSDT | +0.0098% | 8h | 85,416 | −0.057% | $9.42B | $24.86B | 150x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,425 | −0.047% | $245K | $8.7M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,509 | +0.052% | $5.8M | $9.6M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,496 | +0.037% | $3.75B | $5.06B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,484.2 | +0.023% | $40.4M | $603.0M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,424.3 | −0.047% | $2.60B | $12.19B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,442 | −0.027% | $3.8M | $17.1M | 25x | as long as short |
| Arcus BTC-USDshort | +0.0100% | 1h | 85,435.8 | −0.034% | $5.1M | $96.0M | 40x | |
| Gate BTC_USDT | +0.0100% | 8h | 85,423 | −0.049% | $5.55B | $11.09B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,418.8 | −0.054% | $37.4M | $182.1M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,432.9 | −0.037% | $156.6M | $557.5M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,406.3 | −0.068% | $279.8M | $952.9M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,439.5 | −0.030% | $214.5M | $163.3M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,439.8 | −0.029% | $139.7M | $313.1M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,428.5 | −0.042% | $30.1M | $207.3M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,497.2 | +0.038% | — | $10.2M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,440 | −0.029% | $11.0M | $14.6M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,439 | −0.030% | $199K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,431.5 | −0.039% | $2.6M | $9.8M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,468.7 | +0.005% | $194K | $795K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,451.8 | −0.015% | $30.0M | $46.1M | 15x | as long as short |
| SunX BTC-USDTlong | +0.0100% | 8h | 85,464.8 | long leg | $2.9M | $6.1M | 100x | |
| HTX BTC-USDT | +0.0100% | 8h | 85,431.8 | −0.039% | $2.26B | $962.6M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,442.4 | −0.026% | $157.1M | $512.1M | 150x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,413.1 | −0.060% | $689.0M | $342.5M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,393.4 | −0.084% | $45.2M | $240.1M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,470.9 | +0.007% | — | $104.3M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,459.8 | −0.006% | $113.0M | $5.48B | 50x | as long as short |
| Reya BTCRUSDPERP | +0.0134% | 1h | 85,429.2 | −0.042% | $6.6M | $147.7M | 40x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0175% / S −0.0150% | 1h | 85,446.9 | −0.021% | $13.0M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0176% | 8h | 85,483 | +0.021% | $12.0M | $739.0M | 6.4x | as long as short |
| RISEx BTC/USDC | +0.0193% | 1h | 85,463.5 | −0.002% | $8.8M | $42.7M | 25x | as long as short |
| Hibachi BTC/USDT-P | +0.0208% | 1h | 85,495.5 | +0.036% | $685K | $7.8M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0264% | 1h | 85,484.9 | +0.024% | $79K | $242K | 20x | as long as short |
SunX BTC-USDT
Phoenix BTC
KuCoin XBTUSDTM
BloFin BTC-USDT
Aster BTCUSDT
01 Exchange BTCUSD
gTrade (Gains Network) BTC/USD
Deribit BTC-PERPETUAL
Injective BTC/USDC PERP
BingX BTC-USDT
Kraken Futures PF_XBTUSD
Bitget BTCUSDT
Bybit BTCUSDT
SoDEX BTC-USD
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
MEXC BTC_USDT
Binance BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
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
Bluefin BTC-PERP
Derive BTC-PERP
HTX BTC-USDT
Phemex BTCUSDT
Bulk BTC-USD
Extended BTC-USD
Coinbase International BTC-PERP-INTX
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
RISEx BTC/USDC
Aftermath Perps BTCUSD