Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%
Price spread now: HTX against Arcus+0.004%7-day average −0.032% · 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−$14as in the Price arb table
costs, in and out, $10k−$170.175% of the position
Funding, last 4 days (all we have)−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.004%, 7d avg −0.032%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.036% dearer against Arcus than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BTC-USD | 85,315.9 | 0.0100 | pay 0.0013% / 1h | 54m 12s | $4.6M | $98.8M | 40x |
| Short | HTX BTC-USDT | 85,319.4 | 0.0100 | get 0.0100% / 8h | 1h 54m | $2.26B | $968.9M | 200x |
Arcus BTC-USD
HTX BTC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Arcus. 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: +0.004% → −0.032%
- $3.64
- Slippage, 4 orders
- −$0.96
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$13.82
- Costs to cover
- 0.175%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 5 min ago; HTX: live order book, 5 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 Arcus live order book, 5 min ago | 0.01 bp | 2.9 bp −$3 | 3.5 bp −$35 | 4.5 bp −$448 | doesn't fit |
| Sell HTX live order book, 5 min ago | 0.01 bp | 6.0 bp −$6 | 6.0 bp −$60 | 7.2 bp −$716 | 9.4 bp −$4,696 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0111% | 1h | 85,444 | +0.150% | $2.1M | $10.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,343 | +0.032% | $8K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0048% | 8h | 85,315.7 | 0.000% | $926.8M | $772.1M | 125x | as long as short |
| BloFin BTC-USDT | −0.0023% | 8h | 85,328.6 | +0.015% | $420.1M | $683.5M | 150x | as long as short |
| Aster BTCUSDT | −0.0008% | 8h | 85,323.1 | +0.008% | $513.0M | $1.09B | 200x | as long as short |
| dYdX BTC-USD | 0.0000% | 1h | 85,344.1 | +0.033% | $16.7M | $21.5M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 85,342.6 | +0.031% | $528K | $18.3M | 6.7x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,338.3 | +0.026% | $36.5M | — | 200x | as long as short |
| 01 Exchange BTCUSD | +0.0008% | 1h | 85,325.2 | +0.011% | $354K | $2.4M | 50x | as long as short |
| Nado BTC-PERP | +0.0040% | 1h | 85,302.9 | −0.015% | $24.5M | $222.5M | 50x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
KuCoin XBTUSDTM
BloFin BTC-USDT
Aster BTCUSDT
dYdX BTC-USD
Perpl BTC
gTrade (Gains Network) BTC/USD
01 Exchange BTCUSD
Nado BTC-PERPShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BTC/USDC PERP | +0.0057% | 1h | 85,405 | +0.104% | $339K | $26.8M | 52x | as long as short |
| BingX BTC-USDC | +0.0070% | 8h | 85,310.2 | −0.007% | — | $17.5M | — | as long as short |
| Bitget BTCUSDT | +0.0087% | 8h | 85,321.3 | +0.006% | $2.95B | $5.18B | 150x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0089% | 1h | 85,345 | +0.034% | $187.3M | $956.1M | 100x | as long as short |
| Phemex BTCUSDT | +0.0091% | 8h | 85,330.1 | +0.017% | $149.5M | $508.3M | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,339.2 | +0.027% | $170.6M | $1.01B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,338.1 | +0.026% | $23.6M | $147.2M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,309 | −0.008% | $8.3M | $56.0M | 100x | as long as short |
| MEXC BTC_USDT | +0.0096% | 8h | 85,329.1 | +0.015% | $5.00B | $5.73B | 500x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,322.4 | +0.008% | $2.4M | $6.7M | 20x | as long as short |
| Binance BTCUSDT | +0.0096% | 8h | 85,326.7 | +0.013% | $9.42B | $24.99B | 150x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,280 | −0.042% | $238K | $8.6M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,348.7 | +0.038% | $5.8M | $9.6M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,408 | +0.108% | $3.75B | $5.09B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,334.1 | +0.021% | $40.1M | $602.1M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,319.7 | +0.004% | $5.14B | $9.99B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,327.9 | +0.014% | $2.59B | $12.25B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,310 | −0.007% | $3.8M | $17.3M | 25x | as long as short |
| Arcus BTC-USDlong | +0.0100% | 1h | 85,315.9 | long leg | $4.6M | $98.8M | 40x | |
| Gate BTC_USDT | +0.0100% | 8h | 85,326.4 | +0.012% | $5.50B | $10.95B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,321.4 | +0.006% | $36.8M | $179.2M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,340.9 | +0.029% | $155.1M | $558.9M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,371.2 | +0.065% | $279.6M | $950.1M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,385.1 | +0.081% | $214.3M | $167.5M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,382.8 | +0.078% | $139.6M | $314.4M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,377.3 | +0.072% | $30.1M | $206.6M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,372.5 | +0.066% | — | $10.9M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,306 | −0.012% | $11.0M | $14.6M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,326.8 | +0.013% | $204K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,333.1 | +0.020% | $2.6M | $9.9M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,364.4 | +0.057% | $194K | $795K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,303 | −0.015% | $29.9M | $48.0M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,288.8 | −0.032% | $2.9M | $6.1M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,327 | +0.013% | $59.7M | $336.8M | 40x | as long as short |
| HTX BTC-USDTshort | +0.0100% | 8h | 85,319.4 | +0.004% | $2.26B | $968.9M | 200x | |
| Bulk BTC-USD | +0.0100% | 1h | 85,476.9 | +0.189% | $684.3M | $499.2M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,306.1 | −0.011% | $44.5M | $240.7M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 85,340.4 | +0.029% | — | $106.9M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,369.1 | +0.062% | $116.6M | $5.46B | 50x | as long as short |
| Deribit BTC-PERPETUAL | +0.0118% | 1h | 85,368.5 | +0.062% | $866.3M | $1.63B | 50x | as long as short |
| Reya BTCRUSDPERP | +0.0122% | 1h | 85,297 | −0.022% | $6.6M | $147.6M | 40x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0175% / S −0.0152% | 1h | 85,330.1 | +0.017% | $13.0M | — | 200x | as long as short |
| RISEx BTC/USDC | +0.0193% | 1h | 85,331.2 | +0.018% | $8.8M | $43.2M | 25x | as long as short |
| Kalshi KXBTCPERP | +0.0201% | 8h | 85,345 | +0.034% | $11.7M | $743.1M | 6.4x | as long as short |
| Hibachi BTC/USDT-P | +0.0240% | 1h | 85,366.6 | +0.059% | $690K | $8.0M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0254% | 1h | 85,411 | +0.111% | $79K | $229K | 20x | as long as short |
Injective BTC/USDC PERP
BingX BTC-USDC
Bitget BTCUSDT
Kraken Futures PF_XBTUSD
Phemex BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
MEXC BTC_USDT
Aevo BTC-PERP
Binance BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
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
Bluefin BTC-PERP
Derive BTC-PERP
SunX BTC-USDT
SoDEX BTC-USD
Bulk BTC-USD
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Deribit BTC-PERPETUAL
Reya BTCRUSDPERP
GMX BTC/USD [WBTC.b-USDC]
RISEx BTC/USDC
Kalshi KXBTCPERP
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD