Funding you earn now, next payment 16:00 UTC−0.0074%/8h= −8.2% APRnext payment −$0.74 per $10,000 · paid last 24h −0.023%
Price spread now: Aster against SunX−0.016%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$180.184% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)+0.055%+$5 · spread now −0.016%, 7d avg +0.011%
=Together, before fees+0.022%+ Points / potential airdropAster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.027% cheaper against SunX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.011%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BTC-USDT | 85,405.3 | 0.0100 | pay 0.0100% / 8h | 7h 51m | $2.9M | $6.1M | 100x |
| Short | Aster BTCUSDT | 85,391.9 | 0.0026 | get 0.0026% / 8h | 7h 51m | $502.1M | $1.09B | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$15.64
- Price spread: −0.016% → +0.011%
- −$2.66
- Slippage, 4 orders
- −$2.39
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$36.69
- Costs to cover
- 0.184%
- Break-even
- never at this rate
Slippage from SunX: live order book, 7 min ago; Aster: live order book, 2 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, 7 min ago | 0.62 bp | 5.2 bp −$5 | 5.7 bp −$57 | 7.9 bp −$785 | 10.3 bp −$5,170 |
| Sell Aster live order book, 2 min ago | 0.01 bp | 4.5 bp −$5 | 5.3 bp −$53 | 6.0 bp −$599 | 9.1 bp −$4,557 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,442 | +0.043% | $8K | $2K | 50x | as long as short |
| BloFin BTC-USDT | −0.0020% | 8h | 85,451.6 | +0.054% | $423.5M | $684.7M | 150x | as long as short |
| Injective BTC/USDC PERP | −0.0006% | 1h | 85,482 | +0.090% | $307K | $23.1M | 52x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 85,416.5 | +0.013% | $344K | $2.3M | 50x | as long as short |
| KuCoin XBTUSDTM | +0.0004% | 8h | 85,387.1 | −0.021% | $929.9M | $776.5M | 125x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,439.4 | +0.040% | $36.5M | — | 200x | as long as short |
| Aster BTCUSDTshort | +0.0026% | 8h | 85,391.9 | −0.016% | $502.1M | $1.09B | 200x | |
| dYdX BTC-USD | +0.0030% | 1h | 85,415.5 | +0.012% | $16.7M | $21.0M | 50x | as long as short |
| Deribit BTC-PERPETUAL | +0.0067% | 1h | 85,414.2 | +0.010% | $830.4M | $1.67B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0068% | 1h | 85,393.9 | −0.013% | $186.2M | $952.5M | 100x | as long as short |
Show all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | +0.0075% | 1h | 85,441 | +0.042% | $2.3M | $10.4M | 40x | as long as short |
| BingX BTC-USDT | +0.0080% | 8h | 85,392.7 | −0.015% | — | $1.58B | — | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,403.3 | −0.002% | $170.3M | $940.3M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,403.1 | −0.003% | $23.6M | $133.5M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,411 | +0.007% | $8.7M | $58.4M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,386.6 | −0.022% | $2.4M | $6.7M | 20x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,391 | −0.017% | $264K | $8.7M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,460.7 | +0.065% | $5.7M | $9.6M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 85,420 | +0.017% | $24.1M | $220.3M | 50x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,430.4 | +0.029% | $40.2M | $604.6M | 50x | as long as short |
| Binance BTCUSDT | +0.0100% | 8h | 85,389.3 | −0.019% | $9.40B | $25.17B | 150x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,395.5 | −0.011% | $5.08B | $10.03B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,411.1 | +0.007% | $2.61B | $12.23B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,423 | +0.021% | $3.8M | $17.3M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,430.2 | +0.029% | $4.6M | $97.6M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,382 | −0.027% | $697.9M | $180.4M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,404.4 | −0.001% | $5.48B | $9.84B | 200x | as long as short |
| MEXC BTC_USDT | +0.0100% | 8h | 85,392 | −0.016% | $5.03B | $5.72B | 500x | as long as short |
| Bitget BTCUSDT | +0.0100% | 8h | 85,428.6 | +0.027% | $2.98B | $5.17B | 150x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,389.8 | −0.018% | $37.7M | $194.0M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,356 | −0.058% | $155.8M | $547.8M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,324.2 | −0.095% | $283.0M | $959.6M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,382.2 | −0.027% | $214.4M | $157.6M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,354.3 | −0.060% | $138.1M | $312.8M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,433.5 | +0.033% | $30.1M | $217.4M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,498.1 | +0.109% | — | $9.5M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,241 | −0.192% | $10.9M | $14.9M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,416 | +0.013% | $200K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,396.2 | −0.011% | $2.7M | $9.9M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,436.3 | +0.036% | $194K | $796K | 40x | as long as short |
| SunX BTC-USDTlong | +0.0100% | 8h | 85,405.3 | long leg | $2.9M | $6.1M | 100x | |
| SoDEX BTC-USD | +0.0100% | 1h | 85,380 | −0.030% | $59.8M | $336.7M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,384.5 | −0.024% | $2.26B | $974.9M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,402.3 | −0.004% | $160.2M | $517.4M | 150x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,366.8 | −0.045% | $45.7M | $241.8M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,455.3 | +0.059% | — | $107.6M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,431 | +0.030% | $111.3M | $5.46B | 50x | as long as short |
| Reya BTCRUSDPERP | +0.0146% | 1h | 85,407.9 | +0.003% | $6.6M | $140.1M | 40x | as long as short |
| Derive BTC-PERP | +0.0170% | 1h | 85,488.3 | +0.097% | $28.8M | $49.6M | 15x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0174% / S −0.0148% | 1h | 85,410.3 | +0.006% | $13.0M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0184% | 8h | 85,454 | +0.057% | $10.7M | $740.2M | 6.4x | as long as short |
| RISEx BTC/USDC | +0.0194% | 1h | 85,434.7 | +0.034% | $8.9M | $42.9M | 25x | as long as short |
| Hyperliquid BTC | +0.0260% | 1h | 85,476 | +0.083% | $3.81B | $5.13B | 40x | as long as short |
| Aftermath Perps BTCUSD | +0.0295% | 1h | 85,413.9 | +0.010% | $81K | $246K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0328% | 1h | 85,493 | +0.103% | $685K | $7.7M | 30x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,448.3 | +0.050% | $469K | $18.4M | 6.7x | as long as short |
SunX BTC-USDT
Aster BTCUSDT
BloFin BTC-USDT
Injective BTC/USDC PERP
01 Exchange BTCUSD
KuCoin XBTUSDTM
gTrade (Gains Network) BTC/USD
Deribit BTC-PERPETUAL
Kraken Futures PF_XBTUSD
Phoenix BTC
BingX BTC-USDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Pacifica BTC
Binance BTCUSDT
Bybit BTCUSDT
OKX BTC-USDT-SWAP
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
Polymarket Perps BTC-USD
Bullet BTC-USD
Bluefin BTC-PERP
SoDEX BTC-USD
HTX BTC-USDT
Phemex BTCUSDT
Extended BTC-USD
Coinbase International BTC-PERP-INTX
Derive BTC-PERP
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
RISEx BTC/USDC
Hyperliquid BTC
Aftermath Perps BTCUSD