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−$25
spread now−0.003%7d average+0.061%fees + slippage, in and out−$18spread needed0.182%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BTC-USDC85,831.9−0.0004get 0.0004% / 8h7h 29m$14.9M
ShortPacifica BTC85,829.30.0100get 0.0013% / 1h29m 31s$36.6M$374.9M50x

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
−$0.3
Funding while held
$3.12
Slippage, 4 orders
−$0.22
Fee BingX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$15.4
Spread needed to break even
0.182%
Slippage from BingX: live order book, 15 min ago; Pacifica: live order book, 1 min ago.

Cost of waiting

funding view
Funding /8h
+0.0104%
Per $10,000 a day
+$3.12
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 BingX live order book, 15 min ago0.02 bp5.0 bp −$55.3 bp −$535.9 bp −$5926.7 bp −$3,348
Sell Pacifica live order book, 1 min ago0.06 bp4.1 bp −$4doesn't fitdoesn't fitdoesn't fit

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
Bulk BTC-USD−0.083%+0.0033%1h$558.3M$154.4M40xas long as short
Arcus BTC-USD−0.052%+0.0100%1h$6.5M$84.5M40xas long as short
Phemex BTCUSDT−0.027%−0.0047%8h$148.9M$412.9M150xas long as short
KuCoin XBTUSDTM−0.027%+0.0010%8h$790.9M$616.0M125xas long as short
SoDEX BTC-USD−0.015%−0.0034%1h$60.9M$283.7M40xas long as short
MEXC BTC_USDT−0.014%+0.0042%8h$5.11B$5.21B500xas long as short
StandX BTC-USD−0.013%+0.0084%1h$30.6M$231.3M40xas long as short
HTX BTC-USDT−0.013%+0.0100%8h$2.29B$842.1M200xas long as short
Lighter RH BTC−0.008%+0.0096%1h$24.5M$134.6M50xas long as short
Lighter BTC−0.006%+0.0096%1h$171.3M$923.7M50xas long as short
Show all 55 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aevo BTC-PERP−0.005%+0.0040%1h$2.4M$1.4M20xas long as short
Pacifica BTCshort−0.003%+0.0100%1h$36.6M$374.9M50x
Gate BTC_USDT−0.003%+0.0066%8h$6.08B$9.43B200xas long as short
Nado BTC-PERP−0.003%+0.0100%1h$23.3M$227.3M50xas long as short
Extended BTC-USD−0.002%+0.0064%1h$48.7M$206.6M50xas long as short
Backpack BTC_USDC_PERP−0.001%+0.0100%1h$37.5M$117.2M75xas long as short
BingX BTC-USDClong0.000%−0.0004%8h$14.9M
Katana Perps BTC-USD+0.004%+0.0100%8h$200K$5.7M50xas long as short
SunX BTC-USDT+0.004%+0.0100%8h$3.3M$6.0M100xas long as short
Hotstuff BTC-PERP+0.005%−0.0080%1h$9K$4K50xas long as short
Variational Omni BTC+0.005%+0.0086%8h$172.1M$505.4Mas long as short
Aster BTCUSDT+0.007%+0.0028%8h$488.0M$1.13B200xas long as short
Paradex BTC-USD-PERP+0.009%+0.0093%8h$4.4M$6.7M50xas long as short
Derive BTC-PERP+0.013%+0.0100%1h$30.2M$59.2M15xas long as short
Perpl BTC+0.013%−0.0335%43m$402K$28.4M6.7xas long as short
Bullet BTC-USD+0.015%+0.0083%1h$232K$3.3M20xas long as short
OKX BTC-USDT-SWAP+0.017%+0.0016%8h$2.65B$11.63B100xas long as short
Bybit BTCUSDT+0.018%0.0000%8h$5.23B$8.59B150xas long as short
Orderly PERP_BTC_USDC+0.020%+0.0100%8h$2.4M$7.3M100xas long as short
Binance BTCUSDT+0.021%+0.0043%8h$9.49B$21.99B150xas long as short
Bitget BTCUSDT+0.021%−0.0004%8h$2.98B$4.68B150xas long as short
Popdex BTCUSDT+0.021%+0.0096%1h$8.5M$46.9M100xas long as short
Reya BTCRUSDPERP+0.025%−0.0019%1h$6.7M$138.0M40xas long as short
Injective BTC/USDC PERP+0.028%−0.0137%1h$308K$27.0M52xas long as short
Aftermath Perps BTCUSD+0.030%+0.0047%1h$87K$149K20xas long as short
Jupiter Perps WBTC-PERP+0.032%L +0.0104% / S +0.0048%1h$87.7M500xas long as short
Kraken Futures PF_XBTUSD+0.032%−0.0040%1h$188.0M$816.2M100xas long as short
Polymarket Perps BTC-USD+0.033%+0.0100%1h$11.0M$11.7M50xas long as short
RISEx BTC/USDC+0.038%+0.0132%1h$8.7M$38.1M25xas long as short
Ondo Perps BTC-USD.P+0.039%+0.0100%1h$3.9M$16.3M25xas long as short
Hibachi BTC/USDT-P+0.044%+0.0136%1h$732K$7.4M30xas long as short
edgeX BTCUSDC+0.049%+0.0100%4h$278.3M$891.5M100xas long as short
01 Exchange BTCUSD+0.050%−0.0064%1h$291K$2.4M50xas long as short
Bluefin BTC-PERP+0.050%−0.8000%1h$142K$408K40xas long as short
BloFin BTC-USDT+0.053%−0.0078%8h$422.0M$568.1M150xas long as short
dYdX BTC-USD+0.056%0.0000%1h$17.2M$17.6M50xas long as short
GMX BTC/USD [WBTC.b-USDC]+0.063%L +0.0171% / S −0.0148%1h$12.4M200xas long as short
Vest BTC-PERP+0.069%+0.0100%1h$11.9M50xas long as short
Kalshi KXBTCPERP+0.071%+0.0102%8h$14.5M$604.5M6.4xas long as short
gTrade (Gains Network) BTC/USD+0.074%L +0.0005% / S −0.0004%1h$36.8M200xas long as short
Deribit BTC-PERPETUAL+0.076%+0.0153%1h$911.5M$1.12B50xas long as short
Hyperliquid BTC+0.085%+0.0122%1h$3.90B$4.42B40xas long as short
ApeX Omni BTCUSDT+0.109%−0.0068%1h$138.8M$317.8M100xas long as short
Phoenix BTC+0.113%−0.0116%1h$1.9M$11.4M40xas long as short
Coinbase International BTC-PERP-INTX+0.116%+0.0112%1h$128.8M$6.16B50xas long as short