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

BTC

all BTC markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$24
spread now−0.031%7d average−0.010%fees + slippage, in and out−$21spread needed0.214%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BTCUSDT85,833.30.0038pay 0.0038% / 8h7h 14m$9.47B$21.80B150x
ShortSunX BTC-USDT85,806.30.0100get 0.0100% / 8h7h 14m$3.3M$5.9M100x

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
−$3.15
Funding while held
$1.85
Slippage, 4 orders
−$1.41
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 5 bp × 2 orders
−$10
Net
−$22.71
Spread needed to break even
0.214%
Slippage from Binance: live order book, 16 min ago; SunX: live order book, 11 min ago.

Cost of waiting

funding view
Funding /8h
+0.0062%
Per $10,000 a day
+$1.85
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 Binance live order book, 16 min ago0.01 bp5.2 bp −$55.7 bp −$576.4 bp −$6457.7 bp −$3,836
Sell SunX live order book, 11 min ago0.58 bp5.6 bp −$67.0 bp −$709.1 bp −$90612.9 bp −$6,467

BTC price on every exchange

against the cheapest. Click to use as the short leg.

BTC on 55 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
edgeX BTCUSDC−0.275%+0.0100%4h$277.5M$892.7M100xas long as short
Phoenix BTC−0.215%−0.0116%1h$1.9M$11.4M40xas long as short
ApeX Omni BTCUSDT−0.169%−0.0039%1h$138.3M$318.0M100xas long as short
StandX BTC-USD−0.082%+0.0082%1h$30.6M$229.8M40xas long as short
Variational Omni BTC−0.081%+0.0083%8h$171.9M$506.0Mas long as short
Arcus BTC-USD−0.079%+0.0100%1h$6.6M$84.2M40xas long as short
BloFin BTC-USDT−0.050%−0.0082%8h$425.2M$563.2M150xas long as short
Aftermath Perps BTCUSD−0.039%+0.0072%1h$87K$149K20xas long as short
Popdex BTCUSDT−0.039%+0.0096%1h$8.5M$46.2M100xas long as short
KuCoin XBTUSDTM−0.035%+0.0006%8h$792.6M$609.9M125xas long as short
Show all 55 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
SunX BTC-USDTshort−0.031%+0.0100%8h$3.3M$5.9M100x
Katana Perps BTC-USD−0.028%+0.0100%8h$203K$5.6M50xas long as short
Bulk BTC-USD−0.028%−0.0004%1h$559.1M$139.9M40xas long as short
Aster BTCUSDT−0.024%+0.0025%8h$499.4M$1.11B200xas long as short
HTX BTC-USDT−0.021%+0.0100%8h$2.29B$839.4M200xas long as short
Nado BTC-PERP−0.018%+0.0100%1h$23.5M$225.8M50xas long as short
Phemex BTCUSDT−0.013%−0.0019%8h$147.8M$413.2M150xas long as short
Hotstuff BTC-PERP−0.011%−0.0080%1h$9K$4K50xas long as short
Lighter RH BTC−0.009%+0.0096%1h$24.7M$136.1M50xas long as short
Lighter BTC−0.008%+0.0096%1h$171.9M$935.9M50xas long as short
SoDEX BTC-USD−0.006%−0.0032%1h$60.8M$283.9M40xas long as short
Reya BTCRUSDPERP−0.002%−0.0019%1h$6.7M$138.0M40xas long as short
Bitget BTCUSDT−0.002%−0.0004%8h$2.97B$4.65B150xas long as short
MEXC BTC_USDT−0.002%+0.0038%8h$5.12B$5.27B500xas long as short
Perpl BTC−0.002%−0.0335%43m$409K$27.7M6.7xas long as short
OKX BTC-USDT-SWAP−0.001%+0.0014%8h$2.65B$11.52B100xas long as short
Pacifica BTC−0.001%+0.0100%1h$36.6M$378.6M50xas long as short
Binance BTCUSDTlong0.000%+0.0038%8h$9.47B$21.80B150x
Bullet BTC-USD0.000%+0.0089%1h$231K$3.3M20xas long as short
RISEx BTC/USDC0.000%+0.0132%1h$9.1M$38.6M25xas long as short
01 Exchange BTCUSD+0.002%−0.0056%1h$292K$2.4M50xas long as short
Gate BTC_USDT+0.003%+0.0036%8h$6.05B$9.50B200xas long as short
Bybit BTCUSDT+0.003%0.0000%8h$5.23B$8.54B150xas long as short
Backpack BTC_USDC_PERP+0.004%+0.0100%1h$37.7M$119.5M75xas long as short
Extended BTC-USD+0.006%+0.0016%1h$48.7M$202.0M50xas long as short
Ondo Perps BTC-USD.P+0.007%+0.0100%1h$3.9M$16.2M25xas long as short
BingX BTC-USDC+0.007%−0.0004%8h$14.8Mas long as short
Aevo BTC-PERP+0.007%+0.0040%1h$2.4M$1.3M20xas long as short
Jupiter Perps WBTC-PERP+0.009%L +0.0104% / S +0.0048%1h$86.4M500xas long as short
Paradex BTC-USD-PERP+0.014%+0.0093%8h$4.4M$6.8M50xas long as short
Polymarket Perps BTC-USD+0.015%+0.0100%1h$11.0M$11.5M50xas long as short
Derive BTC-PERP+0.018%+0.0096%1h$30.3M$60.1M15xas long as short
Hibachi BTC/USDT-P+0.026%+0.0112%1h$733K$7.4M30xas long as short
dYdX BTC-USD+0.026%0.0000%1h$17.2M$17.6M50xas long as short
Orderly PERP_BTC_USDC+0.027%+0.0100%8h$2.4M$7.3M100xas long as short
Kraken Futures PF_XBTUSD+0.035%−0.0040%1h$187.9M$810.6M100xas long as short
Vest BTC-PERP+0.040%+0.0100%1h$11.9M50xas long as short
GMX BTC/USD [WBTC.b-USDC]+0.056%L +0.0171% / S −0.0149%1h$12.4M200xas long as short
gTrade (Gains Network) BTC/USD+0.060%L +0.0005% / S −0.0004%1h$36.8M200xas long as short
Kalshi KXBTCPERP+0.060%+0.0104%8h$14.5M$608.5M6.4xas long as short
Bluefin BTC-PERP+0.060%−0.7820%1h$142K$367K40xas long as short
Deribit BTC-PERPETUAL+0.080%+0.0156%1h$911.5M$1.12B50xas long as short
Hyperliquid BTC+0.095%+0.0117%1h$3.89B$4.37B40xas long as short
Injective BTC/USDC PERP+0.107%−0.0137%1h$308K$27.0M52xas long as short
Coinbase International BTC-PERP-INTX+0.132%+0.0112%1h$127.8M$6.07B50xas long as short