Funding you earn now, next payment 03:00 UTC−0.0048%/8h= −5.2% APRpaid last 24h −0.021%
Price spread now: Hotstuff against BloFin+0.019%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BTC-USDT | 85,743.9 | −0.0032 | get 0.0032% / 8h | 5h 11m | $417.6M | $665.4M | 150x |
| Short | Hotstuff BTC-PERP | 85,760 | −0.0080 | pay 0.0010% / 1h | 11m 57s | $8K | $3K | 50x |
BloFin BTC-USDT
Hotstuff BTC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against BloFin. 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
- −$10.02
- Price spread: +0.019% → 0.000%
- $1.88
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$25.14
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 7 min ago; Hotstuff: no order-book sample. Net counts fees only.
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 BloFin live order book, 7 min ago | 0.01 bp | 6.0 bp −$6 | 6.0 bp −$60 | 6.5 bp −$653 | 7.7 bp −$3,853 |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin BTC-PERP | −0.0649% | 1h | 85,782.9 | +0.045% | $196K | $721K | 40x | as long as short |
| Phoenix BTC | −0.0160% | 1h | 85,753 | +0.011% | $2.2M | $10.3M | 40x | as long as short |
| Hotstuff BTC-PERPshort | −0.0080% | 1h | 85,760 | +0.019% | $8K | $3K | 50x | |
| 01 Exchange BTCUSD | −0.0040% | 1h | 85,762.9 | +0.022% | $369K | $2.3M | 50x | as long as short |
| BloFin BTC-USDTlong | −0.0032% | 8h | 85,743.9 | long leg | $417.6M | $665.4M | 150x | |
| dYdX BTC-USD | 0.0000% | 1h | 85,748.6 | +0.005% | $16.7M | $21.2M | 50x | as long as short |
| KuCoin XBTUSDTM | +0.0004% | 8h | 85,733.4 | −0.012% | $919.5M | $751.4M | 125x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,763.3 | +0.023% | $36.7M | — | 200x | as long as short |
| Nado BTC-PERP | +0.0012% | 1h | 85,759.3 | +0.018% | $22.6M | $219.5M | 50x | as long as short |
| Aster BTCUSDT | +0.0019% | 8h | 85,739.5 | −0.005% | $516.5M | $1.10B | 200x | as long as short |
Bluefin BTC-PERP
Phoenix BTC
01 Exchange BTCUSD
dYdX BTC-USD
KuCoin XBTUSDTM
gTrade (Gains Network) BTC/USD
Nado BTC-PERP
Aster BTCUSDTShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BTC-USDC | +0.0056% | 8h | 85,726 | −0.021% | — | $17.0M | — | as long as short |
| Bitget BTCUSDT | +0.0072% | 8h | 85,744.1 | 0.000% | $2.96B | $5.01B | 150x | as long as short |
| Reya BTCRUSDPERP | +0.0072% | 1h | 85,745.7 | +0.002% | $6.7M | $146.5M | 40x | as long as short |
| Injective BTC/USDC PERP | +0.0079% | 1h | 85,807 | +0.074% | $341K | $26.9M | 52x | as long as short |
| Phemex BTCUSDT | +0.0080% | 8h | 85,735.3 | −0.010% | $148.9M | $480.0M | 150x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 85,739.2 | −0.005% | $2.5M | $1.7M | 20x | as long as short |
| MEXC BTC_USDT | +0.0087% | 8h | 85,744 | 0.000% | $5.07B | $5.65B | 500x | as long as short |
| Binance BTCUSDT | +0.0087% | 8h | 85,742.2 | −0.002% | $9.35B | $23.87B | 150x | as long as short |
| HTX BTC-USDT | +0.0090% | 8h | 85,743.7 | 0.000% | $2.27B | $935.9M | 200x | as long as short |
| SoDEX BTC-USD | +0.0093% | 1h | 85,744 | 0.000% | $60.0M | $336.2M | 40x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,747.5 | +0.004% | $174.9M | $1.00B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,753.5 | +0.011% | $23.9M | $149.4M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,759 | +0.018% | $8.4M | $52.2M | 100x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,806.1 | +0.073% | $3.8M | $8.3M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,736 | −0.009% | $198K | $7.8M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,818.7 | +0.087% | $3.75B | $4.98B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,798.1 | +0.063% | $40.2M | $577.3M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,749.6 | +0.007% | $5.33B | $9.57B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,750.1 | +0.007% | $2.58B | $12.11B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,746 | +0.002% | $3.9M | $17.9M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,737.9 | −0.007% | $6.8M | $97.5M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,800.8 | +0.066% | $635.6M | $478.1M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,744.5 | +0.001% | $5.56B | $10.56B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,740.3 | −0.004% | $35.3M | $172.9M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,806.6 | +0.073% | $157.6M | $550.1M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,742.6 | −0.002% | $280.1M | $921.7M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,770.9 | +0.031% | $215.4M | $166.0M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,773.2 | +0.034% | $140.4M | $314.6M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,766.5 | +0.026% | $30.3M | $209.3M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,806.6 | +0.073% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,753 | +0.011% | $11.0M | $14.1M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,757 | +0.015% | $192K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,739.4 | −0.005% | $2.4M | $8.8M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,740.7 | −0.004% | $30.0M | $50.9M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,735.2 | −0.010% | $2.9M | $6.1M | 100x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,721.8 | −0.026% | $44.2M | $226.6M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,758.7 | +0.017% | — | $105.9M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,777.9 | +0.040% | $126.5M | $5.10B | 50x | as long as short |
| RISEx BTC/USDC | +0.0120% | 1h | 85,787.5 | +0.051% | $8.4M | $42.2M | 25x | as long as short |
| Deribit BTC-PERPETUAL | +0.0126% | 1h | 85,785.1 | +0.048% | $891.6M | $1.53B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0138% | 1h | 85,766.7 | +0.027% | $189.3M | $952.5M | 100x | as long as short |
| Hibachi BTC/USDT-P | +0.0192% | 1h | 85,792 | +0.056% | $704K | $7.8M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0201% | 1h | 85,784.9 | +0.048% | $78K | $219K | 20x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0202% / S −0.0178% | 1h | 85,760.6 | +0.019% | $13.6M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0219% | 8h | 85,783 | +0.046% | $10.6M | $758.1M | 6.4x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,786 | +0.049% | $506K | $19.2M | 6.7x | as long as short |
BingX BTC-USDC
Bitget BTCUSDT
Reya BTCRUSDPERP
Injective BTC/USDC PERP
Phemex BTCUSDT
Aevo BTC-PERP
MEXC BTC_USDT
Binance BTCUSDT
HTX BTC-USDT
SoDEX BTC-USD
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Paradex BTC-USD-PERP
Katana Perps BTC-USD
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
Bullet BTC-USD
Orderly PERP_BTC_USDC
Derive BTC-PERP
SunX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
RISEx BTC/USDC
Deribit BTC-PERPETUAL
Kraken Futures PF_XBTUSD
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
Perpl BTC