BTC

Alert

Funding spread now, next payment 15:00 UTC+0.0136%/8h

paid, last 24h+0.014%paid, last 7 days+0.052%to open and close $10k−$23

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX BTC-USDT	85,481.2	0.0100	pay 0.0100% / 8h	1h 57m	$3.3M	$5.2M	100x
Short	Hyperliquid BTC	85,576	0.0236	get 0.0029% / 1h	57m 57s	$3.85B	$4.03B	40x

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 SunXbpFee HyperliquidbpOrdersRate

Funding earned: $28.52
Slippage, 4 orders: −$4.16
Fee SunX: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $5.36
Break-even: 5.7 days

Slippage from SunX: live order book, 7 min ago; Hyperliquid: live order book, 8 min ago.

Price risk

price view

Price gap now: +0.111%
Avg gap 7d: +0.083%

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 SunX live order book, 7 min ago	1.67 bp	6.7 bp −$7	8.2 bp −$82	12.2 bp −$1,223	39.1 bp −$19.5K
Sell Hyperliquid live order book, 8 min ago	0.06 bp	4.6 bp −$5	4.6 bp −$46	4.8 bp −$475	doesn't fit

BTC on 55 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Perpl BTC	−0.0447%	43m	$437K	$31.6M	6.7x	as long as short
edgeX BTCUSDC	−0.0087%	4h	$283.5M	$782.6M	100x	as long as short
Hotstuff BTC-PERP	−0.0080%	1h	$8K	$3K	50x	as long as short
ApeX Omni BTCUSDT	−0.0044%	1h	$137.7M	$315.4M	100x	as long as short
Reya BTCRUSDPERP	−0.0037%	1h	$6.8M	$134.8M	40x	as long as short
Phemex BTCUSDT	−0.0028%	8h	$160.2M	$369.3M	150x	as long as short
Aftermath Perps BTCUSD	−0.0027%	1h	$85K	$143K	20x	as long as short
01 Exchange BTCUSD	−0.0024%	1h	$279K	$2.3M	50x	as long as short
Gate BTC_USDT	−0.0022%	8h	$6.03B	$8.32B	200x	as long as short
Bitget BTCUSDT	−0.0012%	8h	$2.96B	$4.23B	150x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
BingX BTC-USDC	−0.0012%	8h	—	$14.4M	—	as long as short
dYdX BTC-USD	0.0000%	1h	$16.0M	$13.6M	50x	as long as short
Kalshi KXBTCPERP	0.0000%	8h	$8.2M	$486.5M	6.4x	as long as short
gTrade (Gains Network) BTC/USD	L +0.0004% / S −0.0004%	1h	$36.5M	—	200x	as long as short
HTX BTC-USDT	+0.0019%	8h	$2.29B	$778.8M	200x	as long as short
Nado BTC-PERP	+0.0023%	1h	$24.4M	$219.9M	50x	as long as short
Kraken Futures PF_XBTUSD	+0.0042%	1h	$187.2M	$742.5M	100x	as long as short
Aster BTCUSDT	+0.0046%	8h	$482.6M	$966.3M	200x	as long as short
OKX BTC-USDT-SWAP	+0.0062%	8h	$2.57B	$10.60B	100x	as long as short
KuCoin XBTUSDTM	+0.0068%	8h	$796.3M	$580.5M	125x	as long as short
Lighter RH BTC	+0.0072%	1h	$25.1M	$127.9M	50x	as long as short
Paradex BTC-USD-PERP	+0.0090%	8h	$4.3M	$6.7M	50x	as long as short
Lighter BTC	+0.0096%	1h	$182.7M	$837.1M	50x	as long as short
Popdex BTCUSDT	+0.0096%	1h	$8.4M	$39.8M	100x	as long as short
Aevo BTC-PERP	+0.0096%	1h	$2.4M	$1.7M	20x	as long as short
Binance BTCUSDT	+0.0098%	8h	$9.52B	$19.19B	150x	as long as short
MEXC BTC_USDT	+0.0099%	8h	$4.95B	$4.56B	500x	as long as short
Katana Perps BTC-USD	+0.0100%	8h	$198K	$4.8M	50x	as long as short
Pacifica BTC	+0.0100%	1h	$36.3M	$310.2M	50x	as long as short
Bybit BTCUSDT	+0.0100%	8h	$5.06B	$7.70B	150x	as long as short
Ondo Perps BTC-USD.P	+0.0100%	1h	$3.9M	$15.6M	25x	as long as short
Arcus BTC-USD	+0.0100%	1h	$6.2M	$76.9M	40x	as long as short
Backpack BTC_USDC_PERP	+0.0100%	1h	$39.8M	$101.0M	75x	as long as short
Variational Omni BTC	+0.0100%	8h	$173.2M	$463.3M	—	as long as short
StandX BTC-USD	+0.0100%	1h	$30.5M	$246.7M	40x	as long as short
Vest BTC-PERP	+0.0100%	1h	—	$13.1M	50x	as long as short
Polymarket Perps BTC-USD	+0.0100%	1h	$10.8M	$10.4M	50x	as long as short
Bullet BTC-USD	+0.0100%	1h	$250K	$3.3M	20x	as long as short
Orderly PERP_BTC_USDC	+0.0100%	8h	$2.3M	$6.6M	100x	as long as short
Bluefin BTC-PERP	+0.0100%	1h	$142K	$399K	40x	as long as short
Derive BTC-PERP	+0.0100%	1h	$27.6M	$50.8M	15x	as long as short
SunX BTC-USDTlong	+0.0100%	8h	$3.3M	$5.2M	100x
SoDEX BTC-USD	+0.0100%	1h	$61.3M	$234.4M	40x	as long as short
Bulk BTC-USD	+0.0100%	1h	$535.7M	$60.2M	40x	as long as short
Extended BTC-USD	+0.0104%	1h	$47.6M	$198.7M	50x	as long as short
Jupiter Perps WBTC-PERP	L +0.0104% / S +0.0048%	1h	—	$85.2M	500x	as long as short
Coinbase International BTC-PERP-INTX	+0.0112%	1h	$142.7M	$6.08B	50x	as long as short
Phoenix BTC	+0.0126%	1h	$1.7M	$9.5M	40x	as long as short
RISEx BTC/USDC	+0.0178%	1h	$8.5M	$36.5M	25x	as long as short
Injective BTC/USDC PERP	+0.0180%	1h	$306K	$27.0M	52x	as long as short
GMX BTC/USD [WBTC.b-USDC]	L +0.0195% / S −0.0202%	1h	$12.9M	—	200x	as long as short
BloFin BTC-USDT	+0.0219%	8h	$419.5M	$477.3M	150x	as long as short
Hyperliquid BTCshort	+0.0236%	1h	$3.85B	$4.03B	40x
Hibachi BTC/USDT-P	+0.0256%	1h	$596K	$7.4M	30x	as long as short
Deribit BTC-PERPETUAL	+0.0456%	1h	$842.6M	$906.5M	50x	as long as short