Funding you earn now, next payment 05:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h −0.012%
Price spread now: Jupiter Perps against BloFin−0.003%52s7-day average +0.014% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.073%−$7 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.003%, 7d avg +0.014%
=The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BTC-USDT | 85,495.6 | −0.0020 | get 0.0020% / 8h | 3h 25m | $419.0M | $675.7M | 150x |
| Short | Jupiter Perps WBTC-PERP | 85,492.8 | L +0.0104% / S +0.0048% | pay 0.0006% / 1h | 25m 41s | — | $107.3M | 500x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Jupiter Perps 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
- −$5.88
- Price spread: −0.003% → +0.014%
- −$1.77
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Jupiter Perps: 6 bp × 2 orders
- −$12
- Net
- −$31.65
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 9 min ago; Jupiter Perps: 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, 9 min ago | 0.01 bp | 6.2 bp −$6 | 6.4 bp −$64 | 7.0 bp −$698 | doesn't fit |
| Sell Jupiter Perps no order-book sample | — | — | — | — | — |
Jupiter Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0140% | 1h | 85,526 | +0.036% | $2.1M | $10.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,452 | −0.051% | $8K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0042% | 8h | 85,447.2 | −0.057% | $918.0M | $757.4M | 125x | as long as short |
| BloFin BTC-USDTlong | −0.0020% | 8h | 85,495.6 | long leg | $419.0M | $675.7M | 150x | |
| 01 Exchange BTCUSD | −0.0016% | 1h | 85,451.2 | −0.052% | $365K | $2.3M | 50x | as long as short |
| Aster BTCUSDT | −0.0002% | 8h | 85,449.3 | −0.054% | $514.6M | $1.10B | 200x | as long as short |
| Perpl BTC | 0.0000% | 43m | 85,489.6 | −0.007% | $502K | $18.7M | 6.7x | as long as short |
| Nado BTC-PERP | +0.0004% | 1h | 85,483 | −0.015% | $24.6M | $223.3M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,485.8 | −0.011% | $36.5M | — | 200x | as long as short |
| dYdX BTC-USD | +0.0038% | 1h | 85,485.8 | −0.012% | $16.8M | $21.2M | 50x | as long as short |
Show all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BTC/USDC PERP | +0.0044% | 1h | 85,514 | +0.022% | $339K | $26.9M | 52x | as long as short |
| BingX BTC-USDC | +0.0065% | 8h | 85,432.4 | −0.074% | — | $17.2M | — | as long as short |
| SoDEX BTC-USD | +0.0066% | 1h | 85,456 | −0.046% | $59.9M | $336.0M | 40x | as long as short |
| Deribit BTC-PERPETUAL | +0.0066% | 1h | 85,508.1 | +0.015% | $884.7M | $1.59B | 50x | as long as short |
| Phemex BTCUSDT | +0.0073% | 8h | 85,471 | −0.029% | $148.3M | $495.5M | 150x | as long as short |
| Bitget BTCUSDT | +0.0080% | 8h | 85,441.6 | −0.063% | $2.95B | $5.11B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,466.3 | −0.034% | $172.0M | $1.02B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,467.9 | −0.032% | $24.0M | $148.6M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,439 | −0.066% | $8.4M | $55.0M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,452.9 | −0.050% | $2.7M | $2.0M | 20x | as long as short |
| MEXC BTC_USDT | +0.0099% | 8h | 85,451.1 | −0.052% | $5.06B | $5.66B | 500x | as long as short |
| Binance BTCUSDT | +0.0099% | 8h | 85,451 | −0.052% | $9.43B | $24.41B | 150x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,433 | −0.073% | $208K | $8.3M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,523.5 | +0.033% | $5.7M | $9.4M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,540 | +0.052% | $3.79B | $5.02B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,498 | +0.003% | $40.1M | $588.0M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,451.2 | −0.052% | $5.18B | $9.86B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,464.4 | −0.036% | $2.59B | $12.12B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,450 | −0.053% | $3.8M | $17.8M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,451.4 | −0.052% | $4.7M | $100.4M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,517.4 | +0.026% | $680.3M | $725.5M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,458.2 | −0.044% | $5.53B | $10.81B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,454.9 | −0.048% | $36.2M | $179.0M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,453 | −0.050% | $154.1M | $565.9M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,513.5 | +0.021% | $279.3M | $928.2M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,538.4 | +0.050% | $215.0M | $168.8M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,591 | +0.112% | $139.9M | $315.5M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,549 | +0.062% | $30.2M | $207.2M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,544.4 | +0.057% | — | $11.2M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,486 | −0.011% | $11.1M | $14.3M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,474 | −0.025% | $199K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,463.2 | −0.038% | $2.5M | $8.9M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,509.4 | +0.016% | $207K | $738K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,458.2 | −0.044% | $30.0M | $50.1M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,462.6 | −0.039% | $2.9M | $6.1M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,458.6 | −0.043% | $2.26B | $948.7M | 200x | as long as short |
| Reya BTCRUSDPERP | +0.0100% | 1h | 85,479.3 | −0.019% | $6.6M | $147.1M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,424.5 | −0.083% | $45.0M | $233.6M | 50x | as long as short |
| Jupiter Perps WBTC-PERPshort | L +0.0104% / S +0.0048% | 1h | 85,492.8 | −0.003% | — | $107.3M | 500x | |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,494.4 | −0.001% | $117.2M | $5.25B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0135% | 1h | 85,481.9 | −0.016% | $187.5M | $954.7M | 100x | as long as short |
| RISEx BTC/USDC | +0.0174% | 1h | 85,470 | −0.030% | $8.6M | $43.0M | 25x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0176% / S −0.0149% | 1h | 85,490.3 | −0.006% | $13.1M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0188% | 8h | 85,509 | +0.016% | $11.7M | $754.3M | 6.4x | as long as short |
| Hibachi BTC/USDT-P | +0.0248% | 1h | 85,531.5 | +0.042% | $697K | $7.9M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0250% | 1h | 85,536.5 | +0.048% | $78K | $221K | 20x | as long as short |
BloFin BTC-USDT
Phoenix BTC
KuCoin XBTUSDTM
01 Exchange BTCUSD
Aster BTCUSDT
gTrade (Gains Network) BTC/USD
Injective BTC/USDC PERP
BingX BTC-USDC
SoDEX BTC-USD
Deribit BTC-PERPETUAL
Phemex BTCUSDT
Bitget BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
MEXC BTC_USDT
Binance BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
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
Polymarket Perps BTC-USD
Bullet BTC-USD
Bluefin BTC-PERP
Derive BTC-PERP
SunX BTC-USDT
HTX BTC-USDT
Extended BTC-USD
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
RISEx BTC/USDC
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
Aftermath Perps BTCUSD