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+0.0021%/8h= +2.3% APRnext payment +$0.21 per $10,000 · paid last 24h −0.007%
Price spread now: Bitget against Aster+0.003%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$210.206% of the position
Long on AsterShort on Bitget
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 7 days0.000%$0 · spread now +0.003%, 7d avg −0.001%
Together, before fees−0.002%+ Points / potential airdropAster: Stage 5 · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BTCUSDT86,621.90.0009pay 0.0009% / 8h2h 33m$505.8M$1.16B200x
ShortBitget BTCUSDT86,624.90.0030get 0.0030% / 8h2h 33m$2.95B$5.07B150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$4.37
Price spread: +0.003% → −0.001%
$0.49
Slippage, 4 orders
−$0.57
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$15.71
Costs to cover
0.206%
Break-even
32.1 days
Slippage from Aster: live order book, 6 min ago; Bitget: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 6 min ago0.01 bp4.0 bp −$44.1 bp −$415.2 bp −$5207.2 bp −$3,581
Sell Bitget live order book, 6 min ago0.01 bp6.0 bp −$66.0 bp −$606.6 bp −$6597.6 bp −$3,787

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−0.0230%1h86,618.2−0.004%$85K$188K20xas long as short
Perpl BTC−0.0223%43m86,644.6+0.026%$428K$24.9M6.7xas long as short
Phoenix BTC−0.0103%1h86,539−0.096%$2.2M$12.4M40xas long as short
dYdX BTC-USD−0.0083%1h86,671.7+0.057%$17.6M$20.5M50xas long as short
Hotstuff BTC-PERP−0.0080%1h86,624+0.002%$9K$3K50xas long as short
01 Exchange BTCUSD0.0000%1h86,648.7+0.031%$363K$2.4M50xas long as short
Deribit BTC-PERPETUAL0.0000%1h86,654.7+0.038%$935.6M$1.44B50xas long as short
KuCoin XBTUSDTM+0.0001%8h86,623.7+0.002%$844.2M$704.7M125xas long as short
gTrade (Gains Network) BTC/USDL +0.0004% / S −0.0004%1h86,645.9+0.028%$37.0M—200xas long as short
Aster BTCUSDTlong+0.0009%8h86,621.9long leg$505.8M$1.16B200x
Show all 56 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya BTCRUSDPERP+0.0021%1h86,617.5−0.005%$6.7M$144.3M40xas long as short
BingX BTC-USDC+0.0022%8h86,613.8−0.009%—$15.2M—as long as short
Phemex BTCUSDT+0.0023%8h86,610.1−0.014%$149.5M$471.2M150xas long as short
Bitget BTCUSDTshort+0.0030%8h86,624.9+0.003%$2.95B$5.07B150x
Aevo BTC-PERP+0.0048%1h86,627.1+0.006%$2.4M$1.3M20xas long as short
Injective BTC/USDC PERP+0.0049%1h86,639+0.020%$315K$26.8M52xas long as short
MEXC BTC_USDT+0.0052%8h86,623.3+0.002%$5.19B$5.67B500xas long as short
Binance BTCUSDT+0.0053%8h86,620.5−0.002%$9.44B$24.31B150xas long as short
RISEx BTC/USDC+0.0063%1h86,636.8+0.017%$9.2M$42.0M25xas long as short
OKX BTC-USDT-SWAP+0.0072%8h86,631.1+0.011%$2.56B$12.70B100xas long as short
Gate BTC_USDT+0.0073%8h86,626.5+0.005%$5.86B$10.63B200xas long as short
Bybit BTCUSDT+0.0082%8h86,624.6+0.003%$5.27B$9.67B150xas long as short
Variational Omni BTC+0.0092%8h86,584.3−0.043%$160.0M$567.1M—as long as short
Lighter BTC+0.0096%1h86,643.1+0.024%$172.1M$1.01B50xas long as short
Lighter RH BTC+0.0096%1h86,648.1+0.030%$24.0M$153.5M50xas long as short
Popdex BTCUSDT+0.0096%1h86,621−0.001%$8.5M$52.2M100xas long as short
Katana Perps BTC-USD+0.0100%8h86,615−0.008%$194K$6.8M50xas long as short
Paradex BTC-USD-PERP+0.0100%8h86,680.4+0.068%$4.8M$8.2M50xas long as short
Nado BTC-PERP+0.0100%1h86,626+0.005%$21.6M$235.4M50xas long as short
Hyperliquid BTC+0.0100%1h86,698+0.088%$3.82B$5.12B40xas long as short
Pacifica BTC+0.0100%1h86,661+0.045%$41.3M$490.3M50xas long as short
Ondo Perps BTC-USD.P+0.0100%1h86,637+0.017%$3.9M$18.6M25xas long as short
Arcus BTC-USD+0.0100%1h86,689.3+0.078%$7.5M$93.6M40xas long as short
Bulk BTC-USD+0.0100%1h86,606.9−0.017%$571.9M$22.8M40xas long as short
Backpack BTC_USDC_PERP+0.0100%1h86,613.2−0.010%$38.1M$148.4M75xas long as short
edgeX BTCUSDC+0.0100%4h86,587.1−0.040%$279.7M$950.3M100xas long as short
GRVT BTC_USDT_Perp+0.0100%8h86,619.4−0.003%$217.4M$187.8M50xas long as short
ApeX Omni BTCUSDT+0.0100%1h86,686.6+0.075%$141.7M$322.9M100xas long as short
StandX BTC-USD+0.0100%1h86,593.6−0.033%$30.8M$205.3M40xas long as short
Vest BTC-PERP+0.0100%1h86,683.5+0.071%—$11.6M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h86,632+0.012%$11.1M$13.7M50xas long as short
Bullet BTC-USD+0.0100%1h86,624.6+0.003%$195K$3.4M20xas long as short
Orderly PERP_BTC_USDC+0.0100%8h86,642.7+0.024%$2.5M$8.5M100xas long as short
Bluefin BTC-PERP+0.0100%1h86,647+0.029%$141K$619K40xas long as short
Derive BTC-PERP+0.0100%1h86,632.2+0.012%$30.0M$61.6M15xas long as short
SunX BTC-USDT+0.0100%8h86,628.9+0.008%$3.4M$5.5M100xas long as short
SoDEX BTC-USD+0.0100%1h86,620−0.002%$60.5M$336.5M40xas long as short
HTX BTC-USDT+0.0100%8h86,657.7+0.041%$2.30B$957.2M200xas long as short
Extended BTC-USD+0.0104%1h86,609.1−0.015%$46.4M$227.9M50xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h86,645.3+0.027%—$98.4M500xas long as short
Kraken Futures PF_XBTUSD+0.0116%1h86,657.7+0.041%$188.8M$930.8M100xas long as short
Coinbase International BTC-PERP-INTX+0.0120%1h86,656+0.039%$132.0M$5.86B50xas long as short
Kalshi KXBTCPERP+0.0123%8h86,669+0.054%$9.0M$723.4M6.4xas long as short
BloFin BTC-USDT+0.0172%8h86,606.7−0.018%$416.8M$650.6M150xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0178% / S −0.0185%1h86,638.2+0.019%$14.9M—200xas long as short
Hibachi BTC/USDT-P+0.0224%1h86,648.5+0.031%$614K$7.1M30xas long as short