Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%
Price spread now: HTX against ApeX Omni−0.013%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$230.227% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 4 days (all we have)−0.009%−$1 · spread now −0.013%, 7d avg −0.021%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni BTCUSDT | 85,531.6 | 0.0100 | pay 0.0013% / 1h | 4m 44s | $139.8M | $314.5M | 100x |
| Short | HTX BTC-USDT | 85,520.5 | 0.0100 | get 0.0100% / 8h | 2h 04m | $2.26B | $942.5M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against ApeX Omni. 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
- $0
- Price spread: −0.013% → −0.021%
- $0.83
- Slippage, 4 orders
- −$0.69
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$21.86
- Costs to cover
- 0.227%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 4 min ago; HTX: live order book, 4 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 ApeX Omni live order book, 4 min ago | 0.34 bp | 5.3 bp −$5 | 5.5 bp −$55 | 18.2 bp −$1,816 | 41.9 bp −$20.9K |
| Sell HTX live order book, 4 min ago | 0.01 bp | 6.0 bp −$6 | 6.0 bp −$60 | 6.5 bp −$650 | 10.3 bp −$5,144 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl BTC | −0.0112% | 43m | 85,574.8 | +0.051% | $524K | $18.3M | 6.7x | as long as short |
| Phoenix BTC | −0.0111% | 1h | 85,577 | +0.053% | $2.1M | $10.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,588 | +0.066% | $8K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0051% | 8h | 85,512 | −0.023% | $929.6M | $771.9M | 125x | as long as short |
| BloFin BTC-USDT | −0.0023% | 8h | 85,517.3 | −0.017% | $417.9M | $684.0M | 150x | as long as short |
| Aster BTCUSDT | −0.0007% | 8h | 85,492.6 | −0.046% | $514.2M | $1.09B | 200x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 85,540.5 | +0.010% | $354K | $2.4M | 50x | as long as short |
| Deribit BTC-PERPETUAL | 0.0000% | 1h | 85,549.1 | +0.020% | $868.7M | $1.62B | 50x | as long as short |
| dYdX BTC-USD | +0.0002% | 1h | 85,535.9 | +0.005% | $16.8M | $21.4M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,533.5 | +0.002% | $36.5M | — | 200x | as long as short |
Show all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BTC/USDC PERP | +0.0023% | 1h | 85,349 | −0.213% | $339K | $26.8M | 52x | as long as short |
| Nado BTC-PERP | +0.0043% | 1h | 85,557.2 | +0.030% | $24.6M | $222.6M | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0056% | 1h | 85,536.2 | +0.005% | $188.5M | $953.9M | 100x | as long as short |
| BingX BTC-USDC | +0.0069% | 8h | 85,487.9 | −0.051% | — | $17.5M | — | as long as short |
| Phemex BTCUSDT | +0.0079% | 8h | 85,514.7 | −0.020% | $148.9M | $507.0M | 150x | as long as short |
| Bitget BTCUSDT | +0.0087% | 8h | 85,497.5 | −0.040% | $2.96B | $5.18B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,505 | −0.031% | $171.4M | $1.03B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,508.8 | −0.027% | $23.7M | $149.3M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,525 | −0.008% | $8.4M | $55.9M | 100x | as long as short |
| MEXC BTC_USDT | +0.0096% | 8h | 85,499.7 | −0.037% | $5.01B | $5.77B | 500x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,508.5 | −0.027% | $2.4M | $6.7M | 20x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0096% | 1h | 85,561 | +0.034% | $117.4M | $5.45B | 50x | as long as short |
| Binance BTCUSDT | +0.0097% | 8h | 85,497.5 | −0.040% | $9.45B | $24.92B | 150x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,507 | −0.029% | $236K | $8.6M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,585.8 | +0.063% | $5.8M | $9.6M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,582 | +0.059% | $3.76B | $5.09B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,568.4 | +0.043% | $40.1M | $598.7M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,495.6 | −0.042% | $5.15B | $9.98B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,501.7 | −0.035% | $2.59B | $12.26B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,555 | +0.027% | $3.8M | $17.4M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,532.3 | +0.001% | $4.6M | $98.9M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,501.7 | −0.035% | $682.6M | $531.9M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,505.4 | −0.031% | $5.52B | $11.10B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,508.4 | −0.027% | $36.6M | $178.6M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,535.9 | +0.005% | $155.0M | $560.6M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,505.3 | −0.031% | $280.0M | $952.5M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,535.3 | +0.004% | $214.9M | $167.4M | 50x | as long as short |
| ApeX Omni BTCUSDTlong | +0.0100% | 1h | 85,531.6 | long leg | $139.8M | $314.5M | 100x | |
| StandX BTC-USD | +0.0100% | 1h | 85,547.3 | +0.018% | $30.2M | $207.4M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,599.5 | +0.079% | — | $10.9M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,523 | −0.010% | $11.0M | $14.5M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,525 | −0.008% | $204K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,532.7 | +0.001% | $2.6M | $9.8M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,554.8 | +0.027% | $194K | $795K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,496.2 | −0.041% | $30.0M | $48.0M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,512.8 | −0.022% | $2.9M | $6.1M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,517 | −0.017% | $59.8M | $336.3M | 40x | as long as short |
| HTX BTC-USDTshort | +0.0100% | 8h | 85,520.5 | −0.013% | $2.26B | $942.5M | 200x | |
| Extended BTC-USD | +0.0104% | 1h | 85,482.9 | −0.057% | $44.5M | $240.6M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 85,569.5 | +0.044% | — | $106.8M | 500x | as long as short |
| Reya BTCRUSDPERP | +0.0120% | 1h | 85,516.8 | −0.017% | $6.6M | $147.5M | 40x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0176% / S −0.0151% | 1h | 85,532 | 0.000% | $13.1M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0209% | 8h | 85,563 | +0.037% | $11.4M | $743.3M | 6.4x | as long as short |
| Aftermath Perps BTCUSD | +0.0223% | 1h | 85,522 | −0.011% | $79K | $228K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0232% | 1h | 85,559.3 | +0.032% | $694K | $8.0M | 30x | as long as short |
| RISEx BTC/USDC | +0.0257% | 1h | 85,551.7 | +0.024% | $8.8M | $43.3M | 25x | as long as short |
ApeX Omni BTCUSDT
HTX BTC-USDT
Phoenix BTC
KuCoin XBTUSDTM
BloFin BTC-USDT
Aster BTCUSDT
01 Exchange BTCUSD
Deribit BTC-PERPETUAL
gTrade (Gains Network) BTC/USD
Injective BTC/USDC PERP
Kraken Futures PF_XBTUSD
BingX BTC-USDC
Phemex BTCUSDT
Bitget BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
MEXC BTC_USDT
Coinbase International BTC-PERP-INTX
Binance BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Bulk BTC-USD
Gate BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
StandX BTC-USD
Polymarket Perps BTC-USD
Bullet BTC-USD
Bluefin BTC-PERP
Derive BTC-PERP
SunX BTC-USDT
SoDEX BTC-USD
Extended BTC-USD
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
Aftermath Perps BTCUSD
RISEx BTC/USDC