Funding you earn now, next payment 03:00 UTC+0.0241%/8h= +26.4% APRnext payment +$0.30 per $10,000 · paid last 24h +0.043%
Price spread now: Aftermath Perps against 01 Exchange+0.022%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$290.295% of the position
Funding, last 3 days (all we have)+0.127%+$13 on $10k
+Price spread, last 4 days (all we have)+0.184%+$18 · spread now +0.022%, 7d avg +0.011%
=The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange BTCUSD | 85,774.5 | −0.0040 | get 0.0005% / 1h | 13m 10s | $369K | $2.3M | 50x |
| Short | Aftermath Perps BTCUSD | 85,793.4 | 0.0201 | get 0.0025% / 1h | 13m 10s | $78K | $219K | 20x |
01 Exchange BTCUSD
Aftermath Perps BTCUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against 01 Exchange. 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
- $50.63
- Price spread: +0.022% → +0.011%
- $1.11
- Slippage, 4 orders
- −$13.46
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- $22.28
- Costs to cover
- 0.295%
- Break-even
- 3.9 days
Slippage from 01 Exchange: live order book, 1 min ago; Aftermath Perps: live order book, 51 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 01 Exchange live order book, 1 min ago | 0.06 bp | 5.4 bp −$5 | 10.1 bp −$101 | doesn't fit | doesn't fit |
| Sell Aftermath Perps live order book, 51 min ago | 1.00 bp | 9.9 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin BTC-PERP | −0.0681% | 1h | 85,789.2 | +0.017% | $196K | $721K | 40x | as long as short |
| Phoenix BTC | −0.0160% | 1h | 85,753 | −0.025% | $2.2M | $10.3M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,785 | +0.012% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSDlong | −0.0040% | 1h | 85,774.5 | long leg | $369K | $2.3M | 50x | |
| BloFin BTC-USDT | −0.0032% | 8h | 85,743.9 | −0.036% | $417.6M | $665.4M | 150x | as long as short |
| dYdX BTC-USD | 0.0000% | 1h | 85,797.8 | +0.027% | $16.8M | $21.2M | 50x | as long as short |
| KuCoin XBTUSDTM | +0.0004% | 8h | 85,738.1 | −0.042% | $918.7M | $751.4M | 125x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 85,774.6 | 0.000% | $36.6M | — | 200x | as long as short |
| Nado BTC-PERP | +0.0011% | 1h | 85,772.2 | −0.003% | $22.6M | $219.5M | 50x | as long as short |
| Aster BTCUSDT | +0.0019% | 8h | 85,767.5 | −0.008% | $516.7M | $1.10B | 200x | as long as short |
Bluefin BTC-PERP
Phoenix BTC
Hotstuff BTC-PERP
BloFin BTC-USDT
dYdX BTC-USD
KuCoin XBTUSDTM
gTrade (Gains Network) BTC/USD
Nado BTC-PERP
Aster BTCUSDTShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BTC-USDT | +0.0056% | 8h | 85,766.7 | −0.009% | — | $1.53B | — | as long as short |
| Bitget BTCUSDT | +0.0071% | 8h | 85,741.3 | −0.039% | $2.96B | $5.02B | 150x | as long as short |
| Reya BTCRUSDPERP | +0.0072% | 1h | 85,766.8 | −0.009% | $6.7M | $146.5M | 40x | as long as short |
| Injective BTC/USDC PERP | +0.0079% | 1h | 85,807 | +0.038% | $341K | $26.9M | 52x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 85,744.5 | −0.035% | $2.5M | $1.7M | 20x | as long as short |
| Phemex BTCUSDT | +0.0083% | 8h | 85,744.3 | −0.035% | $148.8M | $479.8M | 150x | as long as short |
| MEXC BTC_USDT | +0.0087% | 8h | 85,734 | −0.047% | $5.07B | $5.64B | 500x | as long as short |
| Binance BTCUSDT | +0.0088% | 8h | 85,734 | −0.047% | $9.35B | $23.87B | 150x | as long as short |
| HTX BTC-USDT | +0.0090% | 8h | 85,738.8 | −0.042% | $2.27B | $935.9M | 200x | as long as short |
| SoDEX BTC-USD | +0.0094% | 1h | 85,748 | −0.031% | $60.0M | $336.2M | 40x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,752.8 | −0.025% | $174.9M | $1.00B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,746.8 | −0.032% | $23.9M | $149.4M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,772 | −0.003% | $8.4M | $52.2M | 100x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,813.4 | +0.045% | $3.8M | $8.2M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,744 | −0.036% | $198K | $7.8M | 50x | as long as short |
| Deribit BTC-PERPETUAL | +0.0100% | 1h | 85,785.8 | +0.013% | $891.6M | $1.53B | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,852 | +0.090% | $3.75B | $4.98B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,805.4 | +0.036% | $40.2M | $577.3M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,745.3 | −0.034% | $5.33B | $9.57B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,751.3 | −0.027% | $2.58B | $12.11B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,755 | −0.023% | $3.9M | $18.0M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,747.8 | −0.031% | $6.8M | $97.5M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,800.8 | +0.031% | $635.6M | $478.1M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,774.1 | 0.000% | $5.56B | $10.56B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,738.3 | −0.042% | $35.3M | $172.9M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,806.6 | +0.037% | $157.6M | $550.1M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,742.6 | −0.037% | $280.1M | $921.7M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,770.9 | −0.004% | $215.4M | $166.0M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,773.2 | −0.002% | $140.4M | $314.6M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,766.5 | −0.009% | $30.3M | $209.3M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,824.7 | +0.059% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,771 | −0.004% | $11.0M | $14.1M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,766.7 | −0.009% | $191K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,746 | −0.033% | $2.4M | $8.8M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,745.2 | −0.034% | $30.0M | $50.9M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,741.2 | −0.039% | $2.9M | $6.1M | 100x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,729.6 | −0.052% | $44.2M | $226.6M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,772.1 | −0.003% | — | $105.9M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,777 | +0.003% | $127.8M | $5.10B | 50x | as long as short |
| RISEx BTC/USDC | +0.0120% | 1h | 85,801 | +0.031% | $8.4M | $42.2M | 25x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0138% | 1h | 85,768.8 | −0.007% | $189.3M | $952.5M | 100x | as long as short |
| Hibachi BTC/USDT-P | +0.0200% | 1h | 85,784.3 | +0.011% | $704K | $7.8M | 30x | as long as short |
| Aftermath Perps BTCUSDshort | +0.0201% | 1h | 85,793.4 | +0.022% | $78K | $219K | 20x | |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0202% / S −0.0178% | 1h | 85,768.9 | −0.007% | $13.6M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0219% | 8h | 85,790 | +0.018% | $10.6M | $758.1M | 6.4x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,789.9 | +0.018% | $506K | $19.2M | 6.7x | as long as short |
BingX BTC-USDT
Bitget BTCUSDT
Reya BTCRUSDPERP
Injective BTC/USDC PERP
Aevo BTC-PERP
Phemex BTCUSDT
MEXC BTC_USDT
Binance BTCUSDT
HTX BTC-USDT
SoDEX BTC-USD
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Paradex BTC-USD-PERP
Katana Perps BTC-USD
Deribit BTC-PERPETUAL
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Gate BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Derive BTC-PERP
SunX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
RISEx BTC/USDC
Kraken Futures PF_XBTUSD
Hibachi BTC/USDT-P
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
Perpl BTC