data as of
Settings8H · net · $10k
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Price arb /

BTC

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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.

After costs, if the gap returns to its 7d average, $10k−$48
spread now−0.285%7d average+0.016%fees + slippage, in and out−$18spread needed0.181%
Long on AsterShort on Injective
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BTCUSDT86,091.20.0042pay 0.0042% / 8h14m 06s$487.9M$1.12B200x
ShortInjective BTC/USDC PERP85,8460.0108get 0.0013% / 1h14m 06s$307K$27.0M52x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$28.48
Funding while held
$1.96
Slippage, 4 orders
−$10.09
Fee Aster: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$44.63
Spread needed to break even
0.181%
Slippage from Aster: live order book, 2 min ago; Injective: live order book, 2 min ago.

Cost of waiting

funding view
Funding /8h
+0.0065%
Per $10,000 a day
+$1.96
Average in range /8h
—

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, 2 min ago0.01 bp4.1 bp −$44.6 bp −$464.8 bp −$4787.2 bp −$3,612
Sell Injective live order book, 2 min ago2.67 bp3.3 bp −$313.0 bp −$130doesn't fitdoesn't fit

BTC price on every exchange

against the cheapest. Click to use as the short leg.
Injective85,846cheapest
edgeX85,848.1+0.002%Variational Omni85,880.8+0.040%Bulk85,908.3+0.073%Phoenix85,912+0.077%ApeX Omni85,941.2+0.111%Aftermath Perps85,949+0.120%StandX85,995.6+0.174%BloFin86,002.8+0.183%Jupiter Perps86,046.1+0.233%Hibachi86,048.8+0.236%MEXC86,048.9+0.236%BingX86,050.1+0.238%Gate86,050.5+0.238%Phemex86,052.9+0.241%HTX86,055.9+0.245%Bitget86,056.2+0.245%Backpack86,057.4+0.246%Binance86,058.7+0.248%Hotstuff86,060+0.249%Aevo86,062.6+0.252%KuCoin86,064.3+0.254%Arcus86,069.2+0.260%SoDEX86,070+0.261%Extended86,072.7+0.264%Perpl86,073.2+0.265%Orderly86,073.4+0.265%Bybit86,076.1+0.268%Bullet86,077.6+0.270%Reya86,077.6+0.270%OKX86,077.8+0.270%Lighter RH86,077.9+0.270%Katana Perps86,079+0.271%SunX86,081.3+0.274%Popdex86,084+0.277%Pacifica86,085+0.278%Nado86,086.3+0.280%
Aster86,091.2+0.286%
gTrade (Gains Network)86,096.7+0.292%Lighter86,098.8+0.294%Polymarket Perps86,099+0.295%01 Exchange86,099.3+0.295%Ondo Perps86,100+0.296%GMX86,101.4+0.297%Bluefin86,104+0.301%Paradex86,104.8+0.301%Vest86,110+0.308%Derive86,113.7+0.312%Kalshi86,114+0.312%Kraken Futures86,119.8+0.319%dYdX86,120+0.319%RISEx86,123.3+0.323%Coinbase International86,148+0.352%Hyperliquid86,156+0.361%Deribit86,159.7+0.365%

BTC on 55 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective BTC/USDC PERPshort−0.285%+0.0108%1h$307K$27.0M52x
edgeX BTCUSDC−0.282%+0.0100%4h$278.1M$879.6M100xas long as short
Variational Omni BTC−0.244%+0.0100%8h$170.9M$510.4M—as long as short
Bulk BTC-USD−0.213%+0.0100%1h$553.6M$134.9M40xas long as short
Phoenix BTC−0.208%−0.0086%1h$1.8M$10.8M40xas long as short
ApeX Omni BTCUSDT−0.174%−0.0122%1h$139.2M$318.6M100xas long as short
Aftermath Perps BTCUSD−0.165%−0.0010%1h$86K$154K20xas long as short
StandX BTC-USD−0.111%+0.0100%1h$30.6M$230.6M40xas long as short
BloFin BTC-USDT−0.103%−0.0071%8h$431.3M$564.7M150xas long as short
Jupiter Perps WBTC-PERP−0.052%L +0.0104% / S +0.0048%1h—$89.7M500xas long as short
Show all 55 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Hibachi BTC/USDT-P−0.049%+0.0248%1h$698K$7.4M30xas long as short
MEXC BTC_USDT−0.049%+0.0063%8h$5.08B$5.17B500xas long as short
BingX BTC-USDT−0.048%−0.0004%8h—$1.41B—as long as short
Gate BTC_USDT−0.047%−0.0018%8h$6.14B$9.52B200xas long as short
Phemex BTCUSDT−0.045%−0.0026%8h$153.2M$407.0M150xas long as short
HTX BTC-USDT−0.041%+0.0069%8h$2.29B$848.5M200xas long as short
Bitget BTCUSDT−0.041%−0.0004%8h$2.97B$4.70B150xas long as short
Backpack BTC_USDC_PERP−0.039%+0.0100%1h$38.9M$108.2M75xas long as short
Binance BTCUSDT−0.038%+0.0064%8h$9.55B$21.83B150xas long as short
Hotstuff BTC-PERP−0.036%−0.0080%1h$9K$4K50xas long as short
Aevo BTC-PERP−0.033%+0.0064%1h$2.4M$1.5M20xas long as short
KuCoin XBTUSDTM−0.031%+0.0031%8h$791.9M$616.6M125xas long as short
Arcus BTC-USD−0.026%+0.0100%1h$5.7M$84.9M40xas long as short
SoDEX BTC-USD−0.025%−0.0006%1h$61.1M$283.6M40xas long as short
Extended BTC-USD−0.021%+0.0104%1h$48.7M$209.5M50xas long as short
Perpl BTC−0.021%−0.0112%43m$421K$29.5M6.7xas long as short
Orderly PERP_BTC_USDC−0.021%+0.0100%8h$2.4M$7.3M100xas long as short
Bybit BTCUSDT−0.018%+0.0093%8h$5.21B$8.55B150xas long as short
Bullet BTC-USD−0.016%+0.0100%1h$242K$3.3M20xas long as short
Reya BTCRUSDPERP−0.016%−0.0021%1h$6.7M$137.8M40xas long as short
OKX BTC-USDT-SWAP−0.016%+0.0025%8h$2.66B$11.69B100xas long as short
Lighter RH BTC−0.015%+0.0096%1h$24.8M$140.4M50xas long as short
Katana Perps BTC-USD−0.014%+0.0100%8h$191K$5.5M50xas long as short
SunX BTC-USDT−0.012%+0.0100%8h$3.3M$6.1M100xas long as short
Popdex BTCUSDT−0.008%+0.0088%1h$8.5M$45.6M100xas long as short
Pacifica BTC−0.007%+0.0100%1h$37.0M$351.8M50xas long as short
Nado BTC-PERP−0.006%+0.0100%1h$23.5M$230.1M50xas long as short
Aster BTCUSDTlong0.000%+0.0042%8h$487.9M$1.12B200x
gTrade (Gains Network) BTC/USD+0.006%L +0.0005% / S −0.0004%1h$36.9M—200xas long as short
Lighter BTC+0.009%+0.0096%1h$172.2M$937.2M50xas long as short
Polymarket Perps BTC-USD+0.009%+0.0100%1h$11.0M$11.7M50xas long as short
01 Exchange BTCUSD+0.009%−0.0056%1h$288K$2.4M50xas long as short
Ondo Perps BTC-USD.P+0.010%+0.0100%1h$3.9M$16.4M25xas long as short
GMX BTC/USD [WBTC.b-USDC]+0.012%L +0.0198% / S −0.0175%1h$12.6M—200xas long as short
Bluefin BTC-PERP+0.015%−0.0228%1h$143K$407K40xas long as short
Paradex BTC-USD-PERP+0.016%+0.0090%8h$4.4M$6.7M50xas long as short
Vest BTC-PERP+0.022%+0.0100%1h—$12.3M50xas long as short
Derive BTC-PERP+0.026%+0.0100%1h$30.2M$59.2M15xas long as short
Kalshi KXBTCPERP+0.026%0.0000%8h$12.2M$577.7M6.4xas long as short
Kraken Futures PF_XBTUSD+0.033%+0.0071%1h$186.7M$820.7M100xas long as short
dYdX BTC-USD+0.033%0.0000%1h$17.3M$17.5M50xas long as short
RISEx BTC/USDC+0.037%+0.0128%1h$8.7M$38.7M25xas long as short
Coinbase International BTC-PERP-INTX+0.066%+0.0104%1h$150.8M$6.25B50xas long as short
Hyperliquid BTC+0.075%+0.0247%1h$3.92B$4.52B40xas long as short
Deribit BTC-PERPETUAL+0.080%+0.0270%1h$907.1M$1.11B50xas long as short