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

BTC

all BTC markets
SwapPrice view
Alert
Funding spread now, next payment 00:00 UTC−0.0008%/8h
next payment, per $10,000$0.08paid, last 24h−0.001%paid, last 3 days−0.065%to open and close $10k−$17
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BTC-USDT85,772.30.0100pay 0.0100% / 8h7h 47m$3.3M$6.2M100x
ShortParadex BTC-USD-PERP85,745.60.0092get 0.0092% / 8h7h 47m$4.4M$6.8M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$1.72
Slippage, 4 orders
−$2.51
Fee SunX: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$18.23
Break-even
never at this rate
Slippage from SunX: live order book, 8 min ago; Paradex: live order book, 3 min ago.

Price risk

price view
Price gap now
−0.031%
Avg gap 7d
+0.036%
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, 8 min ago0.52 bp5.5 bp −$66.4 bp −$649.5 bp −$952doesn't fit
Sell Paradex live order book, 3 min ago0.72 bp2.7 bp −$32.7 bp −$27doesn't fitdoesn't fit

BTC on 55 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bluefin BTC-PERP−0.0957%1h$141K$408K40xas long as short
ApeX Omni BTCUSDT−0.0287%1h$139.2M$317.7M100xas long as short
Injective BTC/USDC PERP−0.0137%1h$308K$27.0M52xas long as short
Phoenix BTC−0.0116%1h$1.8M$11.4M40xas long as short
Perpl BTC−0.0112%43m$411K$28.9M6.7xas long as short
Hotstuff BTC-PERP−0.0080%1h$9K$4K50xas long as short
BloFin BTC-USDT−0.0072%8h$425.1M$568.7M150xas long as short
01 Exchange BTCUSD−0.0064%1h$289K$2.4M50xas long as short
Gate BTC_USDT−0.0045%8h$6.09B$9.35B200xas long as short
SoDEX BTC-USD−0.0043%1h$60.8M$283.7M40xas long as short
Show all 55 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_XBTUSD−0.0040%1h$188.3M$826.0M100xas long as short
Reya BTCRUSDPERP−0.0020%1h$6.7M$138.0M40xas long as short
Bybit BTCUSDT−0.0013%8h$5.22B$8.60B150xas long as short
BingX BTC-USDT−0.0009%8h$1.40Bas long as short
Bitget BTCUSDT−0.0005%8h$2.97B$4.69B150xas long as short
dYdX BTC-USD0.0000%1h$17.2M$17.5M50xas long as short
Kalshi KXBTCPERP0.0000%8h$14.1M$593.6M6.4xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h$36.7M200xas long as short
KuCoin XBTUSDTM+0.0015%8h$791.4M$619.1M125xas long as short
OKX BTC-USDT-SWAP+0.0020%8h$2.65B$11.62B100xas long as short
Aftermath Perps BTCUSD+0.0027%1h$87K$156K20xas long as short
Aster BTCUSDT+0.0032%8h$486.7M$1.13B200xas long as short
MEXC BTC_USDT+0.0047%8h$5.07B$5.16B500xas long as short
Binance BTCUSDT+0.0048%8h$9.48B$22.09B150xas long as short
Aevo BTC-PERP+0.0048%1h$2.4M$1.5M20xas long as short
Derive BTC-PERP+0.0061%1h$30.2M$59.5M15xas long as short
Popdex BTCUSDT+0.0064%1h$8.7M$45.7M100xas long as short
HTX BTC-USDT+0.0065%8h$2.29B$853.8M200xas long as short
Extended BTC-USD+0.0072%1h$49.0M$206.9M50xas long as short
StandX BTC-USD+0.0078%1h$30.6M$229.4M40xas long as short
Bulk BTC-USD+0.0079%1h$557.9M$149.5M40xas long as short
Variational Omni BTC+0.0091%8h$171.0M$511.0Mas long as short
Paradex BTC-USD-PERPshort+0.0092%8h$4.4M$6.8M50x
Lighter BTC+0.0096%1h$171.5M$908.9M50xas long as short
Lighter RH BTC+0.0096%1h$24.6M$133.3M50xas long as short
Katana Perps BTC-USD+0.0100%8h$191K$5.6M50xas long as short
Nado BTC-PERP+0.0100%1h$23.4M$229.9M50xas long as short
Pacifica BTC+0.0100%1h$36.9M$364.7M50xas long as short
Ondo Perps BTC-USD.P+0.0100%1h$3.9M$16.4M25xas long as short
Arcus BTC-USD+0.0100%1h$6.5M$84.9M40xas long as short
Backpack BTC_USDC_PERP+0.0100%1h$37.2M$114.3M75xas long as short
edgeX BTCUSDC+0.0100%4h$277.7M$888.4M100xas long as short
Vest BTC-PERP+0.0100%1h$11.9M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h$11.0M$11.7M50xas long as short
Bullet BTC-USD+0.0100%1h$237K$3.3M20xas long as short
Orderly PERP_BTC_USDC+0.0100%8h$2.4M$7.3M100xas long as short
SunX BTC-USDTlong+0.0100%8h$3.3M$6.2M100x
Phemex BTCUSDT+0.0100%8h$150.8M$411.5M150xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h$89.2M500xas long as short
Coinbase International BTC-PERP-INTX+0.0112%1h$128.7M$6.22B50xas long as short
Hyperliquid BTC+0.0128%1h$3.89B$4.45B40xas long as short
RISEx BTC/USDC+0.0132%1h$8.7M$38.6M25xas long as short
Deribit BTC-PERPETUAL+0.0148%1h$911.1M$1.12B50xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0174% / S −0.0152%1h$12.5M200xas long as short
Hibachi BTC/USDT-P+0.0184%1h$717K$7.4M30xas long as short