Settings8H · net · $10k
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Funding arb · Price arb /

BTC

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.93 per $10,000 · paid last 24h +0.010%
Price spread now: SunX against Aster+0.014%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$180.183% of the position
Long on AsterShort on SunX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.036%+$4 on $10k
Price spread, last 3 days (all we have)−0.118%−$12 · spread now +0.014%, 7d avg −0.011%
Together, before fees−0.082%+ Points / potential airdropAster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.025% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BTCUSDT86,739.90.0007pay 0.0007% / 8h2h 14m$506.4M$1.16B200x
ShortSunX BTC-USDT86,752.10.0100get 0.0100% / 8h2h 14m$3.4M$5.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$19.48
Price spread: +0.014% → −0.011%
$2.52
Slippage, 4 orders
−$2.34
Fee Aster: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
$3.65
Costs to cover
0.183%
Break-even
5.7 days
Slippage from Aster: live order book, 5 min ago; SunX: live order book, 4 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, 5 min ago0.01 bp4.0 bp −$44.1 bp −$415.3 bp −$5357.4 bp −$3,689
Sell SunX live order book, 4 min ago0.66 bp5.3 bp −$56.5 bp −$658.3 bp −$83511.6 bp −$5,791

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−0.0242%1h86,757.4+0.020%$85K$188K20xas long as short
Perpl BTC−0.0223%43m86,769.4+0.034%$426K$24.6M6.7xas long as short
Phoenix BTC−0.0103%1h86,739−0.001%$2.2M$12.4M40xas long as short
Hotstuff BTC-PERP−0.0080%1h86,751+0.013%$9K$3K50xas long as short
dYdX BTC-USD−0.0061%1h86,782.5+0.049%$17.6M$20.6M50xas long as short
01 Exchange BTCUSD0.0000%1h86,776+0.042%$362K$2.4M50xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h86,778.2+0.044%$36.9M—200xas long as short
KuCoin XBTUSDTM+0.0006%8h86,724.9−0.017%$850.4M$707.6M125xas long as short
Aster BTCUSDTlong+0.0007%8h86,739.9long leg$506.4M$1.16B200x
Reya BTCRUSDPERP+0.0021%1h86,744.3+0.005%$6.7M$144.4M40xas long as short
Show all 56 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit BTC-PERPETUAL+0.0022%1h86,791.7+0.060%$930.9M$1.47B50xas long as short
Phemex BTCUSDT+0.0024%8h86,753.2+0.015%$150.4M$472.2M150xas long as short
BingX BTC-USDC+0.0028%8h86,715.6−0.028%—$15.4M—as long as short
Bitget BTCUSDT+0.0036%8h86,722−0.021%$2.96B$5.08B150xas long as short
Injective BTC/USDC PERP+0.0049%1h86,639−0.116%$315K$26.8M52xas long as short
MEXC BTC_USDT+0.0061%8h86,727.7−0.014%$5.20B$5.71B500xas long as short
Binance BTCUSDT+0.0061%8h86,730.2−0.011%$9.44B$24.37B150xas long as short
RISEx BTC/USDC+0.0063%1h86,768+0.032%$9.4M$41.9M25xas long as short
Aevo BTC-PERP+0.0064%1h86,749.6+0.011%$2.4M$1.3M20xas long as short
Gate BTC_USDT+0.0082%8h86,754.7+0.017%$5.85B$10.68B200xas long as short
Bybit BTCUSDT+0.0085%8h86,723.3−0.019%$5.28B$9.71B150xas long as short
OKX BTC-USDT-SWAP+0.0089%8h86,729.5−0.012%$2.56B$12.75B100xas long as short
Lighter BTC+0.0096%1h86,764.3+0.028%$172.0M$1.02B50xas long as short
Lighter RH BTC+0.0096%1h86,776.5+0.042%$24.1M$154.1M50xas long as short
Popdex BTCUSDT+0.0096%1h86,748+0.009%$8.5M$52.3M100xas long as short
Katana Perps BTC-USD+0.0100%8h86,742+0.002%$202K$6.8M50xas long as short
Paradex BTC-USD-PERP+0.0100%8h86,800.8+0.070%$4.8M$8.2M50xas long as short
Nado BTC-PERP+0.0100%1h86,746.6+0.008%$21.7M$235.5M50xas long as short
Hyperliquid BTC+0.0100%1h86,829+0.103%$3.82B$5.12B40xas long as short
Pacifica BTC+0.0100%1h86,789.4+0.057%$41.0M$494.9M50xas long as short
Ondo Perps BTC-USD.P+0.0100%1h86,755+0.017%$3.9M$18.6M25xas long as short
Arcus BTC-USD+0.0100%1h86,820.6+0.093%$7.5M$94.8M40xas long as short
Bulk BTC-USD+0.0100%1h86,792.1+0.060%$573.3M$22.0M40xas long as short
Backpack BTC_USDC_PERP+0.0100%1h86,730.1−0.011%$38.2M$149.7M75xas long as short
Variational Omni BTC+0.0100%8h86,796.1+0.065%$159.7M$566.8M—as long as short
edgeX BTCUSDC+0.0100%4h86,776.5+0.042%$280.3M$952.5M100xas long as short
GRVT BTC_USDT_Perp+0.0100%8h86,797.1+0.066%$218.0M$187.7M50xas long as short
ApeX Omni BTCUSDT+0.0100%1h86,813.3+0.085%$141.7M$322.7M100xas long as short
StandX BTC-USD+0.0100%1h86,791.7+0.060%$30.8M$203.9M40xas long as short
Vest BTC-PERP+0.0100%1h86,813.9+0.085%—$11.6M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h86,754+0.016%$11.1M$13.7M50xas long as short
Bullet BTC-USD+0.0100%1h86,757.2+0.020%$197K$3.4M20xas long as short
Orderly PERP_BTC_USDC+0.0100%8h86,768.5+0.033%$2.5M$8.5M100xas long as short
Bluefin BTC-PERP+0.0100%1h86,777.3+0.043%$141K$619K40xas long as short
Derive BTC-PERP+0.0100%1h86,759.3+0.022%$30.0M$61.8M15xas long as short
SunX BTC-USDTshort+0.0100%8h86,752.1+0.014%$3.4M$5.5M100x
SoDEX BTC-USD+0.0100%1h86,748+0.009%$60.6M$336.6M40xas long as short
HTX BTC-USDT+0.0100%8h86,734−0.007%$2.30B$959.3M200xas long as short
Extended BTC-USD+0.0104%1h86,735.4−0.005%$46.3M$226.8M50xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h86,789.6+0.057%—$98.9M500xas long as short
Kraken Futures PF_XBTUSD+0.0116%1h86,786.1+0.053%$188.1M$933.9M100xas long as short
Coinbase International BTC-PERP-INTX+0.0120%1h86,796.3+0.065%$131.9M$5.85B50xas long as short
Kalshi KXBTCPERP+0.0160%8h86,789+0.057%$9.7M$727.5M6.4xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0180% / S −0.0209%1h86,769.5+0.034%$15.0M—200xas long as short
BloFin BTC-USDT+0.0181%8h86,766.2+0.030%$415.5M$656.2M150xas long as short
Hibachi BTC/USDT-P+0.0200%1h86,784.5+0.051%$779K$7.7M30xas long as short