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−$18
spread now−0.043%7d average−0.036%fees + slippage, in and out−$17spread needed0.171%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BTCUSDT85,104.7−0.0011get 0.0011% / 8h1h 51m$2.94B$4.25B150x
ShortExtended BTC-USD85,067.80.0104get 0.0013% / 1h51m 39s$47.0M$199.4M50x

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
−$4.34
Funding while held
$3.45
Slippage, 4 orders
−$0.13
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$18.02
Spread needed to break even
0.171%
Slippage from Bitget: live order book, 4 min ago; Extended: live order book, 4 min ago.

Cost of waiting

funding view
Funding /8h
+0.0115%
Per $10,000 a day
+$3.45
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, 4 min ago0.01 bp6.0 bp −$66.6 bp −$667.1 bp −$706doesn't fit
Sell Extended live order book, 4 min ago0.06 bp2.6 bp −$32.6 bp −$262.6 bp −$2588.1 bp −$4,063

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−0.061%−0.0114%4h$281.7M$788.6M100xas long as short
Extended BTC-USDshort−0.043%+0.0104%1h$47.0M$199.4M50x
Katana Perps BTC-USD−0.027%+0.0100%8h$208K$4.9M50xas long as short
Arcus BTC-USD−0.026%+0.0100%1h$6.1M$77.0M40xas long as short
Lighter BTC−0.017%+0.0088%1h$182.1M$843.2M50xas long as short
OKX BTC-USDT-SWAP−0.016%+0.0058%8h$2.55B$10.59B100xas long as short
Lighter RH BTC−0.016%+0.0096%1h$25.2M$130.3M50xas long as short
Backpack BTC_USDC_PERP−0.011%+0.0100%1h$38.8M$101.8M75xas long as short
Gate BTC_USDT−0.010%−0.0020%8h$6.00B$8.41B200xas long as short
MEXC BTC_USDT−0.009%+0.0095%8h$4.91B$4.61B500xas long as short
Show all 55 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit BTCUSDT−0.005%+0.0100%8h$5.03B$7.79B150xas long as short
Paradex BTC-USD-PERP−0.001%+0.0084%8h$4.3M$6.5M50xas long as short
Bitget BTCUSDTlong0.000%−0.0011%8h$2.94B$4.25B150x
BingX BTC-USDT0.000%−0.0011%8h$1.29Bas long as short
Aster BTCUSDT+0.002%+0.0038%8h$486.0M$986.6M200xas long as short
KuCoin XBTUSDTM+0.002%+0.0067%8h$798.8M$577.3M125xas long as short
Hotstuff BTC-PERP+0.009%−0.0080%1h$8K$3K50xas long as short
BloFin BTC-USDT+0.011%+0.0215%8h$419.7M$476.3M150xas long as short
Pacifica BTC+0.015%+0.0100%1h$36.2M$310.2M50xas long as short
dYdX BTC-USD+0.019%0.0000%1h$16.0M$13.8M50xas long as short
Ondo Perps BTC-USD.P+0.022%+0.0100%1h$3.9M$15.5M25xas long as short
01 Exchange BTCUSD+0.022%−0.0032%1h$278K$2.3M50xas long as short
Binance BTCUSDT+0.023%+0.0095%8h$9.48B$19.36B150xas long as short
Popdex BTCUSDT+0.036%+0.0096%1h$8.4M$40.2M100xas long as short
RISEx BTC/USDC+0.042%+0.0178%1h$8.5M$36.5M25xas long as short
Derive BTC-PERP+0.049%+0.0009%1h$27.8M$55.0M15xas long as short
Phemex BTCUSDT+0.060%−0.0021%8h$158.2M$370.7M150xas long as short
Nado BTC-PERP+0.065%+0.0100%1h$23.7M$220.2M50xas long as short
HTX BTC-USDT+0.067%+0.0023%8h$2.28B$776.5M200xas long as short
Bullet BTC-USD+0.069%+0.0100%1h$248K$3.3M20xas long as short
Reya BTCRUSDPERP+0.069%−0.0035%1h$6.8M$135.8M40xas long as short
Perpl BTC+0.077%−0.0447%43m$427K$31.5M6.7xas long as short
GMX BTC/USD [WBTC.b-USDC]+0.078%L +0.0196% / S −0.0202%1h$12.8M200xas long as short
Aevo BTC-PERP+0.081%+0.0096%1h$2.4M$1.7M20xas long as short
gTrade (Gains Network) BTC/USD+0.090%L +0.0004% / S −0.0004%1h$36.4M200xas long as short
Hyperliquid BTC+0.091%+0.0105%1h$3.80B$4.05B40xas long as short
Polymarket Perps BTC-USD+0.093%+0.0100%1h$10.8M$10.5M50xas long as short
SoDEX BTC-USD+0.093%+0.0031%1h$61.1M$234.4M40xas long as short
Kalshi KXBTCPERP+0.094%0.0000%8h$8.2M$491.8M6.4xas long as short
Injective BTC/USDC PERP+0.094%+0.0180%1h$306K$27.0M52xas long as short
Orderly PERP_BTC_USDC+0.096%+0.0100%8h$2.3M$6.6M100xas long as short
Jupiter Perps WBTC-PERP+0.101%L +0.0104% / S +0.0048%1h$85.2M500xas long as short
SunX BTC-USDT+0.103%+0.0100%8h$3.3M$5.3M100xas long as short
Kraken Futures PF_XBTUSD+0.116%+0.0042%1h$185.4M$744.3M100xas long as short
Bluefin BTC-PERP+0.118%+0.0100%1h$142K$399K40xas long as short
Hibachi BTC/USDT-P+0.120%+0.0216%1h$634K$7.6M30xas long as short
Vest BTC-PERP+0.124%+0.0100%1h$13.1M50xas long as short
StandX BTC-USD+0.129%+0.0100%1h$30.4M$247.0M40xas long as short
Coinbase International BTC-PERP-INTX+0.138%+0.0112%1h$142.0M$6.07B50xas long as short
Deribit BTC-PERPETUAL+0.186%+0.0507%1h$847.3M$916.5M50xas long as short
Aftermath Perps BTCUSD+0.227%−0.0043%1h$83K$139K20xas long as short
ApeX Omni BTCUSDT+0.228%+0.0004%1h$137.5M$315.5M100xas long as short
Variational Omni BTC+0.388%+0.0100%8h$172.6M$465.7Mas long as short
Bulk BTC-USD+0.422%+0.0100%1h$534.4M$59.0M40xas long as short
Phoenix BTC+0.453%+0.0015%1h$1.6M$10.8M40xas long as short