Settings8H · net · $10k
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Funding arb · Price arb /

BTC

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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Funding you earn now, next payment 00:00 UTC+0.0078%/8h= +8.5% APRnext payment +$0.78 per $10,000 · paid last 24h −0.033%
Price spread now: BloFin against Variational Omni+0.014%7-day average +0.010% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on Variational OmniShort on BloFin
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.087%−$9 on $10k
Price spread, last 3 days (all we have)−0.075%−$7 · spread now +0.014%, 7d avg +0.010%
Together, before fees−0.162%+ Points / potential airdropVariational Omni: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.087%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BTC86,546.20.0100pay 0.0100% / 8h2h 04m$159.9M$565.9M—
ShortBloFin BTC-USDT86,558.60.0178get 0.0178% / 8h2h 04m$416.4M$655.6M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$16.37
Price spread: +0.014% → +0.010%
$0.47
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$4.84
Costs to cover
0.120%
Break-even
4.9 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; BloFin: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 4 min ago0.65 bpdoesn't fit0.7 bp −$72.5 bp −$251doesn't fit
Sell BloFin live order book, 4 min ago0.04 bp6.0 bp −$66.0 bp −$606.2 bp −$6237.0 bp −$3,483

BTC on 56 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps BTCUSD−0.0253%1h86,631.5+0.099%$85K$188K20xas long as short
Perpl BTC−0.0223%43m86,580.9+0.040%$425K$24.6M6.7xas long as short
Phoenix BTC−0.0103%1h86,554+0.009%$2.2M$12.4M40xas long as short
Hotstuff BTC-PERP−0.0080%1h86,555+0.010%$9K$3K50xas long as short
dYdX BTC-USD−0.0063%1h86,591.4+0.052%$17.6M$20.6M50xas long as short
Aster BTCUSDT−0.0003%8h86,548.4+0.003%$505.3M$1.16B200xas long as short
01 Exchange BTCUSD0.0000%1h86,578.6+0.037%$360K$2.4M50xas long as short
Deribit BTC-PERPETUAL0.0000%1h86,595.1+0.057%$927.3M$1.47B50xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h86,586.1+0.046%$36.9M—200xas long as short
KuCoin XBTUSDTM+0.0005%8h86,545.90.000%$850.6M$709.5M125xas long as short
Show all 56 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya BTCRUSDPERP+0.0022%1h86,556.3+0.012%$6.7M$144.5M40xas long as short
BingX BTC-USDT+0.0029%8h86,563.4+0.020%—$1.59B—as long as short
Phemex BTCUSDT+0.0032%8h86,563.2+0.020%$149.6M$472.0M150xas long as short
Bitget BTCUSDT+0.0037%8h86,561.7+0.018%$2.95B$5.09B150xas long as short
Injective BTC/USDC PERP+0.0049%1h86,770+0.259%$316K$26.8M52xas long as short
Aevo BTC-PERP+0.0056%1h86,559.6+0.016%$2.4M$1.3M20xas long as short
Binance BTCUSDT+0.0058%8h86,558.5+0.014%$9.42B$24.39B150xas long as short
MEXC BTC_USDT+0.0058%8h86,558.6+0.014%$5.18B$5.72B500xas long as short
RISEx BTC/USDC+0.0063%1h86,584.8+0.045%$8.9M$42.7M25xas long as short
Gate BTC_USDT+0.0080%8h86,562.1+0.018%$5.84B$10.71B200xas long as short
Bybit BTCUSDT+0.0083%8h86,564+0.021%$5.27B$9.74B150xas long as short
OKX BTC-USDT-SWAP+0.0096%8h86,573.6+0.032%$2.55B$12.73B100xas long as short
Lighter BTC+0.0096%1h86,571.8+0.030%$172.1M$1.02B50xas long as short
Lighter RH BTC+0.0096%1h86,581+0.040%$24.1M$154.3M50xas long as short
Popdex BTCUSDT+0.0096%1h86,559+0.015%$8.5M$52.3M100xas long as short
Katana Perps BTC-USD+0.0100%8h86,549+0.003%$202K$6.9M50xas long as short
Paradex BTC-USD-PERP+0.0100%8h86,612.1+0.076%$4.8M$8.3M50xas long as short
Nado BTC-PERP+0.0100%1h86,560.8+0.017%$21.7M$234.9M50xas long as short
Hyperliquid BTC+0.0100%1h86,630+0.097%$3.81B$5.11B40xas long as short
Pacifica BTC+0.0100%1h86,596+0.058%$40.9M$498.0M50xas long as short
Ondo Perps BTC-USD.P+0.0100%1h86,564+0.021%$3.9M$18.6M25xas long as short
Arcus BTC-USD+0.0100%1h86,631.7+0.099%$7.4M$94.7M40xas long as short
Bulk BTC-USD+0.0100%1h86,682.4+0.157%$572.6M$21.1M40xas long as short
Backpack BTC_USDC_PERP+0.0100%1h86,562.7+0.019%$38.5M$151.0M75xas long as short
Variational Omni BTClong+0.0100%8h86,546.2long leg$159.9M$565.9M—
edgeX BTCUSDC+0.0100%4h86,621.5+0.087%$279.7M$941.7M100xas long as short
GRVT BTC_USDT_Perp+0.0100%8h86,613.4+0.078%$217.6M$186.6M50xas long as short
ApeX Omni BTCUSDT+0.0100%1h86,593.8+0.055%$141.7M$322.8M100xas long as short
StandX BTC-USD+0.0100%1h86,597.5+0.059%$30.7M$203.5M40xas long as short
Vest BTC-PERP+0.0100%1h86,613.5+0.078%—$11.6M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h86,560+0.016%$11.1M$13.8M50xas long as short
Bullet BTC-USD+0.0100%1h86,559.9+0.016%$190K$3.4M20xas long as short
Orderly PERP_BTC_USDC+0.0100%8h86,573.4+0.031%$2.4M$8.6M100xas long as short
Bluefin BTC-PERP+0.0100%1h86,586.2+0.046%$140K$619K40xas long as short
Derive BTC-PERP+0.0100%1h86,568+0.025%$30.0M$61.8M15xas long as short
SunX BTC-USDT+0.0100%8h86,562.4+0.019%$3.4M$5.5M100xas long as short
SoDEX BTC-USD+0.0100%1h86,559+0.015%$60.5M$336.7M40xas long as short
HTX BTC-USDT+0.0100%8h86,553.3+0.008%$2.30B$960.5M200xas long as short
Extended BTC-USD+0.0104%1h86,549.4+0.004%$46.4M$226.6M50xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h86,585.9+0.046%—$98.9M500xas long as short
Kraken Futures PF_XBTUSD+0.0117%1h86,596+0.058%$187.1M$934.8M100xas long as short
Coinbase International BTC-PERP-INTX+0.0120%1h86,612.4+0.077%$131.8M$5.83B50xas long as short
Kalshi KXBTCPERP+0.0172%8h86,598+0.060%$9.5M$727.6M6.4xas long as short
Hibachi BTC/USDT-P+0.0176%1h86,580.5+0.040%$780K$7.9M30xas long as short
BloFin BTC-USDTshort+0.0178%8h86,558.6+0.014%$416.4M$655.6M150x
GMX BTC/USD [WBTC.b-USDC]L +0.0180% / S −0.0209%1h86,580.7+0.040%$15.0M—200xas long as short