Funding you earn now, next payment 02:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h −0.001%
Price spread now: Aevo against Binance+0.018%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$310.306% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 3 days (all we have)−0.037%−$4 · spread now +0.018%, 7d avg −0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.033% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BTCUSDT | 85,752.6 | 0.0093 | pay 0.0093% / 8h | 6h 22m | $9.34B | $24.29B | 150x |
| Short | Aevo BTC-PERP | 85,768.1 | 0.0096 | get 0.0012% / 1h | 22m 06s | $2.5M | $1.8M | 20x |
Binance BTCUSDT
Aevo BTC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Binance. 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
- $0.55
- Price spread: +0.018% → −0.015%
- $3.33
- Slippage, 4 orders
- −$4.65
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$26.77
- Costs to cover
- 0.306%
- Break-even
- 350.2 days
Slippage from Binance: live order book, 7 min ago; Aevo: live order book, 2 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 Binance live order book, 7 min ago | 0.01 bp | 5.0 bp −$5 | 5.0 bp −$50 | 5.4 bp −$536 | 6.5 bp −$3,248 |
| Sell Aevo live order book, 2 min ago | 1.18 bp | 9.3 bp −$9 | 11.2 bp −$112 | doesn't fit | doesn't fit |
BTC on 55 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 | −0.0144% | 1h | 85,733 | −0.023% | $2.2M | $10.5M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,777 | +0.028% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0064% | 1h | 85,764.6 | +0.014% | $365K | $2.3M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 85,822.9 | +0.082% | $513K | $20.6M | 6.7x | as long as short |
| dYdX BTC-USD | +0.0002% | 1h | 85,800 | +0.055% | $16.8M | $21.0M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,787.2 | +0.040% | $36.7M | — | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0020% | 1h | 85,691 | −0.072% | $340K | $26.9M | 52x | as long as short |
| KuCoin XBTUSDTM | +0.0032% | 8h | 85,760.4 | +0.009% | $903.3M | $754.5M | 125x | as long as short |
| Aster BTCUSDT | +0.0038% | 8h | 85,780.5 | +0.032% | $516.8M | $1.14B | 200x | as long as short |
| RISEx BTC/USDC | +0.0044% | 1h | 85,799.1 | +0.054% | $8.2M | $42.0M | 25x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
Perpl BTC
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
Injective BTC/USDC PERP
KuCoin XBTUSDTM
Aster BTCUSDT
RISEx BTC/USDCShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado BTC-PERP | +0.0052% | 1h | 85,794.7 | +0.049% | $22.6M | $227.4M | 50x | as long as short |
| BingX BTC-USDC | +0.0055% | 8h | 85,753 | 0.000% | — | $17.1M | — | as long as short |
| Reya BTCRUSDPERP | +0.0058% | 1h | 85,789.2 | +0.043% | $6.7M | $146.3M | 40x | as long as short |
| Bitget BTCUSDT | +0.0070% | 8h | 85,755.5 | +0.003% | $2.95B | $5.08B | 150x | as long as short |
| HTX BTC-USDT | +0.0083% | 8h | 85,768.7 | +0.019% | $2.27B | $947.1M | 200x | as long as short |
| ApeX Omni BTCUSDT | +0.0086% | 1h | 85,787 | +0.040% | $140.3M | $318.4M | 100x | as long as short |
| MEXC BTC_USDT | +0.0093% | 8h | 85,759.7 | +0.008% | $5.07B | $5.73B | 500x | as long as short |
| Binance BTCUSDTlong | +0.0093% | 8h | 85,752.6 | long leg | $9.34B | $24.29B | 150x | |
| Lighter BTC | +0.0096% | 1h | 85,767.7 | +0.018% | $170.4M | $990.8M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,774.5 | +0.025% | $23.5M | $147.5M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,775 | +0.026% | $8.4M | $51.9M | 100x | as long as short |
| Aevo BTC-PERPshort | +0.0096% | 1h | 85,768.1 | +0.018% | $2.5M | $1.8M | 20x | |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,755 | +0.003% | $202K | $7.5M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,773 | +0.024% | $3.8M | $8.4M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,824.8 | +0.084% | $3.76B | $4.97B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,823.8 | +0.083% | $40.3M | $571.4M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,748.1 | −0.005% | $5.31B | $9.73B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,726.5 | −0.030% | $2.54B | $12.35B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,796 | +0.051% | $4.0M | $18.3M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,758.4 | +0.007% | $7.2M | $98.1M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,744.8 | −0.009% | $590.5M | $195.3M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,770 | +0.020% | $5.61B | $10.55B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,751.5 | −0.001% | $35.3M | $164.9M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,799.4 | +0.055% | $156.6M | $556.2M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,740.4 | −0.014% | $278.7M | $939.3M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,794.3 | +0.049% | $215.3M | $166.3M | 50x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,774 | +0.025% | $30.3M | $208.5M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,843.9 | +0.106% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,791 | +0.045% | $11.1M | $14.3M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,792.3 | +0.046% | $188K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,774.1 | +0.025% | $2.4M | $9.0M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,815.7 | +0.074% | $186K | $708K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,778.1 | +0.030% | $30.0M | $56.2M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,722 | −0.036% | $2.9M | $6.6M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,765 | +0.014% | $60.0M | $337.2M | 40x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,760.5 | +0.009% | $154.3M | $480.4M | 150x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,752.1 | −0.001% | $44.1M | $227.9M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,807 | +0.063% | — | $101.5M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,790.3 | +0.044% | $131.2M | $5.15B | 50x | as long as short |
| Deribit BTC-PERPETUAL | +0.0125% | 1h | 85,815.3 | +0.073% | $894.7M | $1.54B | 50x | as long as short |
| Hibachi BTC/USDT-P | +0.0136% | 1h | 85,791.7 | +0.046% | $696K | $7.8M | 30x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0146% | 1h | 85,774.9 | +0.026% | $188.5M | $963.1M | 100x | as long as short |
| Aftermath Perps BTCUSD | +0.0166% | 1h | 85,768.4 | +0.018% | $78K | $219K | 20x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0203% / S −0.0189% | 1h | 85,787 | +0.040% | $13.6M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0212% | 8h | 85,813 | +0.070% | $10.0M | $769.9M | 6.4x | as long as short |
Nado BTC-PERP
BingX BTC-USDC
Reya BTCRUSDPERP
Bitget BTCUSDT
HTX BTC-USDT
ApeX Omni BTCUSDT
MEXC BTC_USDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Gate BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
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
Phemex BTCUSDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Deribit BTC-PERPETUAL
Hibachi BTC/USDT-P
Kraken Futures PF_XBTUSD
Aftermath Perps BTCUSD
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP