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

BTC

all BTC markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$14
spread now+0.100%7d average+0.053%fees + slippage, in and out−$19spread needed0.191%
Long on BitgetShort on Deribit
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BTCUSDT86,023.90.0002pay 0.0002% / 8h4h 57m$2.97B$4.69B150x
ShortDeribit BTC-PERPETUAL86,110.30.0224get 0.0028% / 1h57m 46s$917.5M$1.12B50x

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
$10.04
Funding while held
$6.66
Slippage, 4 orders
−$0.07
Fee Bitget: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$2.37
Spread needed to break even
0.191%
Slippage from Bitget: live order book, 3 min ago; Deribit: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
+0.0222%
Per $10,000 a day
+$6.66
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 Bitget live order book, 3 min ago0.01 bp6.0 bp −$66.0 bp −$606.5 bp −$6508.0 bp −$4,020
Sell Deribit live order book, 3 min ago0.03 bp3.5 bp −$44.4 bp −$447.0 bp −$70314.1 bp −$7,074

BTC price on every exchange

against the cheapest. Click to use as the short leg.
HTX86,000.5cheapestPhoenix86,010+0.011%ApeX Omni86,014.1+0.016%edgeX86,014.5+0.016%Bulk86,014.6+0.016%Hotstuff86,015+0.017%StandX86,015.2+0.017%BloFin86,022.6+0.026%Aster86,023.8+0.027%
Bitget86,023.9+0.027%
Variational Omni86,024.4+0.028%SoDEX86,026+0.030%MEXC86,026.4+0.030%SunX86,026.6+0.030%KuCoin86,026.7+0.030%Extended86,027.4+0.031%Popdex86,028+0.032%Katana Perps86,029+0.033%Binance86,030+0.034%Aevo86,031.5+0.036%Gate86,032.6+0.037%Nado86,033+0.038%OKX86,034+0.039%Phemex86,034.1+0.039%Reya86,034.2+0.039%Aftermath Perps86,036.4+0.042%dYdX86,037.2+0.043%BingX86,038.1+0.044%Arcus86,039.1+0.045%Bullet86,041.7+0.048%Bybit86,041.8+0.048%Polymarket Perps86,043+0.049%Derive86,043.9+0.050%Ondo Perps86,044+0.051%Backpack86,044.8+0.052%Lighter86,045.4+0.052%Orderly86,047.4+0.055%Lighter RH86,047.7+0.055%Pacifica86,054.4+0.063%RISEx86,055.8+0.064%Perpl86,058.7+0.068%01 Exchange86,059.7+0.069%Injective86,062+0.072%GMX86,065.3+0.075%Hibachi86,066.6+0.077%Jupiter Perps86,066.6+0.077%gTrade (Gains Network)86,067.5+0.078%Kraken Futures86,073.3+0.085%Paradex86,077.5+0.090%Vest86,079.8+0.092%Kalshi86,080+0.092%Bluefin86,080.8+0.093%Coinbase International86,096.3+0.111%
Deribit86,110.3+0.128%
Hyperliquid86,123+0.142%

BTC on 55 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
HTX BTC-USDT−0.027%+0.0040%8h$2.29B$856.4M200xas long as short
Phoenix BTC−0.016%−0.0082%1h$2.0M$11.0M40xas long as short
ApeX Omni BTCUSDT−0.011%+0.0043%1h$140.1M$321.1M100xas long as short
edgeX BTCUSDC−0.011%+0.0100%4h$281.8M$883.4M100xas long as short
Bulk BTC-USD−0.011%+0.0015%1h$565.1M$114.8M40xas long as short
Hotstuff BTC-PERP−0.010%−0.0080%1h$9K$4K50xas long as short
StandX BTC-USD−0.010%+0.0100%1h$30.7M$211.5M40xas long as short
BloFin BTC-USDT−0.002%−0.0090%8h$423.8M$569.8M150xas long as short
Aster BTCUSDT0.000%+0.0017%8h$507.0M$1.10B200xas long as short
Bitget BTCUSDTlong0.000%+0.0002%8h$2.97B$4.69B150x
Show all 55 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni BTC+0.001%+0.0076%8h$168.5M$507.7M—as long as short
SoDEX BTC-USD+0.002%+0.0025%1h$61.0M$286.0M40xas long as short
MEXC BTC_USDT+0.003%+0.0030%8h$5.17B$5.09B500xas long as short
SunX BTC-USDT+0.003%+0.0100%8h$3.4M$5.6M100xas long as short
KuCoin XBTUSDTM+0.003%−0.0010%8h$810.6M$623.0M125xas long as short
Extended BTC-USD+0.004%+0.0080%1h$48.3M$202.0M50xas long as short
Popdex BTCUSDT+0.005%+0.0096%1h$8.7M$46.6M100xas long as short
Katana Perps BTC-USD+0.006%+0.0100%8h$209K$5.9M50xas long as short
Binance BTCUSDT+0.007%+0.0031%8h$9.52B$22.23B150xas long as short
Aevo BTC-PERP+0.009%+0.0032%1h$2.4M$1.3M20xas long as short
Gate BTC_USDT+0.010%+0.0055%8h$6.10B$9.66B200xas long as short
Nado BTC-PERP+0.011%+0.0100%1h$23.0M$226.5M50xas long as short
OKX BTC-USDT-SWAP+0.012%+0.0039%8h$2.68B$11.63B100xas long as short
Phemex BTCUSDT+0.012%+0.0027%8h$155.4M$427.0M150xas long as short
Reya BTCRUSDPERP+0.012%−0.0013%1h$6.8M$138.3M40xas long as short
Aftermath Perps BTCUSD+0.015%−0.0029%1h$87K$157K20xas long as short
dYdX BTC-USD+0.015%0.0000%1h$17.2M$17.7M50xas long as short
BingX BTC-USDC+0.017%+0.0002%8h—$14.4M—as long as short
Arcus BTC-USD+0.018%+0.0100%1h$6.8M$86.2M40xas long as short
Bullet BTC-USD+0.021%+0.0100%1h$231K$3.3M20xas long as short
Bybit BTCUSDT+0.021%+0.0064%8h$5.32B$8.70B150xas long as short
Polymarket Perps BTC-USD+0.022%+0.0100%1h$11.0M$12.4M50xas long as short
Derive BTC-PERP+0.023%+0.0100%1h$30.4M$59.0M15xas long as short
Ondo Perps BTC-USD.P+0.023%+0.0100%1h$4.0M$17.3M25xas long as short
Backpack BTC_USDC_PERP+0.024%+0.0100%1h$38.3M$135.9M75xas long as short
Lighter BTC+0.025%+0.0096%1h$172.5M$940.2M50xas long as short
Orderly PERP_BTC_USDC+0.027%+0.0089%8h$2.4M$7.4M100xas long as short
Lighter RH BTC+0.028%+0.0096%1h$24.6M$138.4M50xas long as short
Pacifica BTC+0.036%+0.0100%1h$36.6M$426.5M50xas long as short
RISEx BTC/USDC+0.037%+0.0027%1h$9.3M$38.6M25xas long as short
Perpl BTC+0.040%−0.0447%43m$406K$25.8M6.7xas long as short
01 Exchange BTCUSD+0.042%−0.0032%1h$310K$2.3M50xas long as short
Injective BTC/USDC PERP+0.044%0.0000%1h$309K$27.0M52xas long as short
GMX BTC/USD [WBTC.b-USDC]+0.048%L +0.0175% / S −0.0177%1h$13.7M—200xas long as short
Hibachi BTC/USDT-P+0.050%+0.0072%1h$746K$6.5M30xas long as short
Jupiter Perps WBTC-PERP+0.050%L +0.0104% / S +0.0048%1h—$83.2M500xas long as short
gTrade (Gains Network) BTC/USD+0.051%L +0.0005% / S −0.0004%1h$36.8M—200xas long as short
Kraken Futures PF_XBTUSD+0.057%−0.0030%1h$189.0M$821.6M100xas long as short
Paradex BTC-USD-PERP+0.062%+0.0099%8h$4.4M$6.9M50xas long as short
Vest BTC-PERP+0.065%+0.0100%1h—$11.5M50xas long as short
Kalshi KXBTCPERP+0.065%0.0000%8h$11.2M$664.3M6.4xas long as short
Bluefin BTC-PERP+0.066%+0.0100%1h$143K$454K40xas long as short
Coinbase International BTC-PERP-INTX+0.084%+0.0168%1h$129.6M$5.82B50xas long as short
Deribit BTC-PERPETUALshort+0.100%+0.0224%1h$917.5M$1.12B50x
Hyperliquid BTC+0.115%+0.0152%1h$3.98B$4.52B40xas long as short