Funding you earn now, next payment 06:00 UTC−0.0098%/8h= −10.7% APRpaid last 24h −0.017%
Price spread now: 01 Exchange against BingX−0.008%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$200.203% of the position
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BTC-USDT | 85,148.2 | 0.0066 | pay 0.0066% / 8h | 2h 33m | — | $1.56B | — |
| Short | 01 Exchange BTCUSD | 85,141.8 | −0.0032 | pay 0.0004% / 1h | 33m 19s | $373K | $2.3M | 50x |
BingX BTC-USDT
01 Exchange BTCUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against BingX. 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
- −$20.58
- Price spread: −0.008% → 0.000%
- −$0.75
- Slippage, 4 orders
- −$3.29
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$41.63
- Costs to cover
- 0.203%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; 01 Exchange: live order book, 1 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 BingX live order book, 6 min ago | 0.02 bp | 5.1 bp −$5 | 5.2 bp −$52 | 5.2 bp −$517 | 5.3 bp −$2,628 |
| Sell 01 Exchange live order book, 1 min ago | 0.30 bp | 6.0 bp −$6 | 15.6 bp −$156 | doesn't fit | doesn't fit |
BTC on 56 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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl BTC | −0.0112% | 43m | 85,136.5 | −0.014% | $525K | $18.6M | 6.7x | as long as short |
| Phoenix BTC | −0.0111% | 1h | 85,177 | +0.034% | $2.1M | $10.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,169 | +0.024% | $8K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0053% | 8h | 85,125.1 | −0.027% | $921.4M | $763.5M | 125x | as long as short |
| BloFin BTC-USDT | −0.0034% | 8h | 85,168.2 | +0.023% | $420.7M | $679.1M | 150x | as long as short |
| 01 Exchange BTCUSDshort | −0.0032% | 1h | 85,141.8 | −0.008% | $373K | $2.3M | 50x | |
| Aster BTCUSDT | −0.0015% | 8h | 85,139.6 | −0.010% | $511.9M | $1.10B | 200x | as long as short |
| dYdX BTC-USD | +0.0001% | 1h | 85,179.7 | +0.037% | $16.7M | $21.7M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,158.7 | +0.012% | $36.4M | — | 200x | as long as short |
| Nado BTC-PERP | +0.0021% | 1h | 85,138.1 | −0.012% | $24.5M | $222.8M | 50x | as long as short |
Perpl BTC
Phoenix BTC
Hotstuff BTC-PERP
KuCoin XBTUSDTM
BloFin BTC-USDT
Aster BTCUSDT
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
Nado BTC-PERPShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BTC/USDC PERP | +0.0023% | 1h | 85,225 | +0.090% | $338K | $26.8M | 52x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0056% | 1h | 85,171.4 | +0.027% | $187.2M | $954.8M | 100x | as long as short |
| BingX BTC-USDTlong | +0.0066% | 8h | 85,148.2 | long leg | — | $1.56B | — | |
| SoDEX BTC-USD | +0.0071% | 1h | 85,150 | +0.002% | $59.6M | $335.8M | 40x | as long as short |
| Bullet BTC-USD | +0.0075% | 1h | 85,147 | −0.001% | $205K | $3.3M | 20x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 85,133.3 | −0.017% | $2.4M | $6.7M | 20x | as long as short |
| Phemex BTCUSDT | +0.0081% | 8h | 85,168.6 | +0.024% | $148.9M | $504.0M | 150x | as long as short |
| Bitget BTCUSDT | +0.0083% | 8h | 85,149.6 | +0.002% | $2.94B | $5.18B | 150x | as long as short |
| MEXC BTC_USDT | +0.0085% | 8h | 85,144.3 | −0.005% | $5.05B | $5.70B | 500x | as long as short |
| Binance BTCUSDT | +0.0086% | 8h | 85,172.6 | +0.029% | $9.41B | $24.84B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,160.3 | +0.014% | $170.8M | $1.02B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,162.8 | +0.017% | $23.7M | $148.2M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,132 | −0.019% | $8.3M | $55.7M | 100x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0096% | 1h | 85,194 | +0.054% | $117.0M | $5.33B | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,126 | −0.026% | $238K | $8.5M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,202.3 | +0.064% | $5.8M | $9.5M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,221 | +0.085% | $3.74B | $5.06B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,173.4 | +0.030% | $40.1M | $595.5M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,144.7 | −0.004% | $5.15B | $9.94B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,152 | +0.004% | $2.57B | $12.17B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,147 | −0.001% | $3.8M | $17.6M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,159.5 | +0.013% | $4.6M | $99.2M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,324.1 | +0.207% | $679.5M | $626.7M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,146.4 | −0.002% | $5.50B | $10.90B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,156.1 | +0.009% | $36.0M | $174.6M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,263.5 | +0.135% | $156.5M | $568.3M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,291.2 | +0.168% | $279.1M | $942.8M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,264.2 | +0.136% | $214.3M | $168.8M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,313.3 | +0.194% | $139.4M | $315.3M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,252.4 | +0.122% | $30.1M | $205.8M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,226.1 | +0.091% | — | $10.9M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,151 | +0.003% | $11.0M | $14.4M | 50x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,148.5 | 0.000% | $2.5M | $9.3M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,186.9 | +0.045% | $217K | $750K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,129.4 | −0.022% | $29.9M | $50.4M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,127.1 | −0.025% | $2.9M | $6.1M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,141 | −0.008% | $2.25B | $950.4M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,125.6 | −0.027% | $45.4M | $238.5M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 85,145.8 | −0.003% | — | $106.9M | 500x | as long as short |
| Reya BTCRUSDPERP | +0.0113% | 1h | 85,138.6 | −0.011% | $6.6M | $147.4M | 40x | as long as short |
| Deribit BTC-PERPETUAL | +0.0169% | 1h | 85,195.1 | +0.055% | $872.4M | $1.61B | 50x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0176% / S −0.0151% | 1h | 85,154.2 | +0.007% | $13.0M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0179% | 8h | 85,177 | +0.034% | $11.3M | $745.1M | 6.4x | as long as short |
| Aftermath Perps BTCUSD | +0.0213% | 1h | 85,274.5 | +0.148% | $79K | $225K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0224% | 1h | 85,227.8 | +0.093% | $718K | $8.0M | 30x | as long as short |
| RISEx BTC/USDC | +0.0257% | 1h | 85,181.6 | +0.039% | $8.6M | $43.1M | 25x | as long as short |
Injective BTC/USDC PERP
Kraken Futures PF_XBTUSD
SoDEX BTC-USD
Bullet BTC-USD
Aevo BTC-PERP
Phemex BTCUSDT
Bitget BTCUSDT
MEXC BTC_USDT
Binance BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Coinbase International BTC-PERP-INTX
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
ApeX Omni BTCUSDT
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
Derive BTC-PERP
SunX BTC-USDT
HTX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Reya BTCRUSDPERP
Deribit BTC-PERPETUAL
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
Aftermath Perps BTCUSD
Hibachi BTC/USDT-P
RISEx BTC/USDC