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

BTC

all BTC markets
SwapPrice view
Alert
Funding spread now, next payment 15:00 UTC+0.0028%/8h
paid, last 24h+0.048%paid, last 7 days+0.345%to open and close $10k−$21
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BTC-USDT85,327.80.0100pay 0.0100% / 8h1h 37m$3.3M$5.3M100x
ShortHibachi BTC/USDT-P85,4160.0128get 0.0016% / 1h37m 58s$592K$7.4M30x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$5.88
Slippage, 4 orders
−$1.62
Fee SunX: 5 bp × 2 orders
−$10
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
−$14.74
Break-even
24.5 days
Slippage from SunX: live order book, 7 min ago; Hibachi: live order book, 3 min ago.

Price risk

price view
Price gap now
+0.103%
Avg gap 7d
+0.050%
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 SunX live order book, 7 min ago0.29 bp5.6 bp −$67.5 bp −$7510.2 bp −$1,022doesn't fit
Sell Hibachi live order book, 3 min ago0.01 bp4.9 bp −$55.2 bp −$5242.2 bp −$4,217doesn't fit

BTC on 55 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bluefin BTC-PERP−0.0962%1h$142K$400K40xas long as short
Perpl BTC−0.0447%43m$400K$31.1M6.7xas long as short
ApeX Omni BTCUSDT−0.0159%1h$138.1M$316.9M100xas long as short
edgeX BTCUSDC−0.0114%4h$284.1M$800.7M100xas long as short
01 Exchange BTCUSD−0.0088%1h$279K$2.3M50xas long as short
Hotstuff BTC-PERP−0.0080%1h$8K$3K50xas long as short
Aftermath Perps BTCUSD−0.0061%1h$83K$140K20xas long as short
Reya BTCRUSDPERP−0.0032%1h$6.8M$137.5M40xas long as short
Gate BTC_USDT−0.0016%8h$6.03B$8.57B200xas long as short
Bitget BTCUSDT−0.0010%8h$2.96B$4.28B150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
BingX BTC-USDC−0.0010%8h$14.4Mas long as short
Phemex BTCUSDT−0.0005%8h$157.7M$374.8M150xas long as short
dYdX BTC-USD0.0000%1h$16.5M$14.3M50xas long as short
Kalshi KXBTCPERP0.0000%8h$8.7M$504.8M6.4xas long as short
gTrade (Gains Network) BTC/USDL +0.0004% / S −0.0004%1h$36.5M200xas long as short
Phoenix BTC+0.0015%1h$1.6M$10.8M40xas long as short
SoDEX BTC-USD+0.0019%1h$61.2M$234.6M40xas long as short
HTX BTC-USDT+0.0034%8h$2.29B$780.8M200xas long as short
Aster BTCUSDT+0.0037%8h$493.9M$1.02B200xas long as short
Kraken Futures PF_XBTUSD+0.0042%1h$187.5M$752.6M100xas long as short
OKX BTC-USDT-SWAP+0.0053%8h$2.56B$10.69B100xas long as short
KuCoin XBTUSDTM+0.0064%8h$802.3M$578.0M125xas long as short
Nado BTC-PERP+0.0074%1h$23.9M$222.0M50xas long as short
Bullet BTC-USD+0.0078%1h$248K$3.3M20xas long as short
Derive BTC-PERP+0.0081%1h$28.3M$55.9M15xas long as short
Paradex BTC-USD-PERP+0.0082%8h$4.3M$6.5M50xas long as short
Aevo BTC-PERP+0.0088%1h$2.4M$1.7M20xas long as short
Binance BTCUSDT+0.0091%8h$9.54B$19.64B150xas long as short
MEXC BTC_USDT+0.0091%8h$4.94B$4.67B500xas long as short
Lighter BTC+0.0096%1h$182.2M$857.1M50xas long as short
Lighter RH BTC+0.0096%1h$25.5M$132.3M50xas long as short
Popdex BTCUSDT+0.0096%1h$8.4M$40.9M100xas long as short
Katana Perps BTC-USD+0.0100%8h$195K$5.0M50xas long as short
Pacifica BTC+0.0100%1h$36.5M$317.3M50xas long as short
Bybit BTCUSDT+0.0100%8h$5.07B$7.85B150xas long as short
Ondo Perps BTC-USD.P+0.0100%1h$3.9M$15.5M25xas long as short
Arcus BTC-USD+0.0100%1h$6.0M$77.5M40xas long as short
Bulk BTC-USD+0.0100%1h$533.0M$59.2M40xas long as short
Backpack BTC_USDC_PERP+0.0100%1h$39.4M$100.5M75xas long as short
Variational Omni BTC+0.0100%8h$173.7M$467.5Mas long as short
StandX BTC-USD+0.0100%1h$30.5M$245.9M40xas long as short
Vest BTC-PERP+0.0100%1h$13.1M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h$10.8M$10.6M50xas long as short
Orderly PERP_BTC_USDC+0.0100%8h$2.4M$6.7M100xas long as short
SunX BTC-USDTlong+0.0100%8h$3.3M$5.3M100x
Extended BTC-USD+0.0104%1h$47.3M$200.4M50xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h$85.5M500xas long as short
Coinbase International BTC-PERP-INTX+0.0112%1h$142.8M$6.13B50xas long as short
Hyperliquid BTC+0.0119%1h$3.85B$4.08B40xas long as short
Hibachi BTC/USDT-Pshort+0.0128%1h$592K$7.4M30x
RISEx BTC/USDC+0.0178%1h$8.8M$36.7M25xas long as short
Injective BTC/USDC PERP+0.0180%1h$306K$27.0M52xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0199% / S −0.0205%1h$13.4M200xas long as short
BloFin BTC-USDT+0.0212%8h$421.4M$482.2M150xas long as short
Deribit BTC-PERPETUAL+0.0446%1h$850.5M$934.5M50xas long as short