Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.007%
Price spread now: SunX against Derive−0.014%7-day average −0.008% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 3 days (all we have)+0.021%+$2 · spread now −0.014%, 7d avg −0.008%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive BTC-PERP | 86,339.3 | 0.0100 | pay 0.0013% / 1h | 33m 16s | $30.5M | $58.9M | 15x |
| Short | SunX BTC-USDT | 86,326.9 | 0.0100 | get 0.0100% / 8h | 7h 33m | $3.4M | $5.2M | 100x |
Derive BTC-PERP
SunX BTC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Derive. 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
- $0
- Price spread: −0.014% → −0.008%
- −$0.59
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$14.59
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; SunX: live order book, 5 min ago. 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 Derive no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 5 min ago | 0.64 bp | 5.3 bp −$5 | 7.0 bp −$70 | 8.9 bp −$888 | 11.9 bp −$5,966 |
Derive: 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 | −0.0544% | 1h | 86,340.1 | +0.001% | $144K | $666K | 40x | as long as short |
| Phoenix BTC | −0.0129% | 1h | 86,337 | −0.003% | $2.2M | $11.2M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,397 | +0.067% | $9K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0032% | 1h | 86,349.5 | +0.012% | $360K | $2.4M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 86,355.9 | +0.019% | $483K | $21.6M | 6.7x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 86,331.1 | −0.009% | $36.9M | — | 200x | as long as short |
| Aster BTCUSDT | +0.0020% | 8h | 86,334.9 | −0.005% | $500.7M | $1.14B | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0023% | 1h | 86,358 | +0.022% | $343K | $26.9M | 52x | as long as short |
| dYdX BTC-USD | +0.0027% | 1h | 86,393.1 | +0.062% | $16.9M | $20.5M | 50x | as long as short |
| KuCoin XBTUSDTM | +0.0039% | 8h | 86,313.9 | −0.029% | $830.0M | $720.7M | 125x | as long as short |
Bluefin BTC-PERP
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
Perpl BTC
gTrade (Gains Network) BTC/USD
Aster BTCUSDT
Injective BTC/USDC PERP
dYdX BTC-USD
KuCoin XBTUSDTMShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya BTCRUSDPERP | +0.0044% | 1h | 86,332.3 | −0.008% | $6.7M | $145.7M | 40x | as long as short |
| BingX BTC-USDT | +0.0050% | 8h | 86,314.8 | −0.028% | — | $1.57B | — | as long as short |
| RISEx BTC/USDC | +0.0052% | 1h | 86,363.5 | +0.028% | $8.3M | $42.5M | 25x | as long as short |
| Bitget BTCUSDT | +0.0062% | 8h | 86,324.4 | −0.017% | $2.97B | $5.04B | 150x | as long as short |
| Phemex BTCUSDT | +0.0074% | 8h | 86,311.3 | −0.032% | $154.0M | $473.9M | 150x | as long as short |
| HTX BTC-USDT | +0.0074% | 8h | 86,300 | −0.045% | $2.29B | $965.0M | 200x | as long as short |
| MEXC BTC_USDT | +0.0077% | 8h | 86,317.3 | −0.025% | $5.12B | $5.69B | 500x | as long as short |
| Binance BTCUSDT | +0.0077% | 8h | 86,311.8 | −0.032% | $9.39B | $24.31B | 150x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 86,292.4 | −0.054% | $2.5M | $1.7M | 20x | as long as short |
| Deribit BTC-PERPETUAL | +0.0093% | 1h | 86,352.4 | +0.015% | $902.8M | $1.51B | 50x | as long as short |
| SoDEX BTC-USD | +0.0096% | 1h | 86,311 | −0.033% | $60.4M | $338.2M | 40x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,325.6 | −0.016% | $170.4M | $985.5M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,329.5 | −0.011% | $23.7M | $149.1M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,340 | +0.001% | $8.4M | $51.9M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,319 | −0.023% | $203K | $7.2M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,399.1 | +0.069% | $4.2M | $8.6M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,353.6 | +0.017% | $22.0M | $228.4M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,405 | +0.076% | $3.79B | $5.00B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,406.1 | +0.077% | $40.7M | $551.7M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 86,322.9 | −0.019% | $5.25B | $9.67B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,334.7 | −0.005% | $2.56B | $12.49B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,382 | +0.049% | $3.9M | $17.9M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,402.3 | +0.073% | $7.2M | $94.9M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,348 | +0.010% | $573.1M | $19.8M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 86,320.9 | −0.021% | $5.81B | $10.53B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,368 | +0.033% | $37.6M | $156.4M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,400.1 | +0.070% | $158.2M | $561.5M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,352.6 | +0.015% | $278.9M | $950.7M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,334.3 | −0.006% | $216.8M | $165.6M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,397.4 | +0.067% | $141.7M | $321.3M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,338 | −0.001% | $30.6M | $209.1M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,390.1 | +0.059% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,340 | +0.001% | $11.1M | $14.1M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,311 | −0.033% | $192K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,307.9 | −0.036% | $2.4M | $8.9M | 100x | as long as short |
| Derive BTC-PERPlong | +0.0100% | 1h | 86,339.3 | long leg | $30.5M | $58.9M | 15x | |
| SunX BTC-USDTshort | +0.0100% | 8h | 86,326.9 | −0.014% | $3.4M | $5.2M | 100x | |
| Extended BTC-USD | +0.0104% | 1h | 86,295.8 | −0.050% | $45.9M | $222.3M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,356.1 | +0.019% | — | $98.7M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0120% | 1h | 86,360.9 | +0.025% | $132.0M | $5.41B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0121% | 1h | 86,339.6 | 0.000% | $192.3M | $942.4M | 100x | as long as short |
| Aftermath Perps BTCUSD | +0.0165% | 1h | 86,398.1 | +0.068% | $77K | $217K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0168% | 1h | 86,382.3 | +0.050% | $710K | $8.0M | 30x | as long as short |
| BloFin BTC-USDT | +0.0197% | 8h | 86,325.8 | −0.016% | $415.7M | $645.9M | 150x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0204% / S −0.0218% | 1h | 86,328.5 | −0.012% | $14.5M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0210% | 8h | 86,383 | +0.051% | $10.2M | $763.3M | 6.4x | as long as short |
Reya BTCRUSDPERP
BingX BTC-USDT
RISEx BTC/USDC
Bitget BTCUSDT
Phemex BTCUSDT
HTX BTC-USDT
MEXC BTC_USDT
Binance BTCUSDT
Aevo BTC-PERP
Deribit BTC-PERPETUAL
SoDEX BTC-USD
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Nado BTC-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
Bullet BTC-USD
Orderly PERP_BTC_USDC
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
Aftermath Perps BTCUSD
Hibachi BTC/USDT-P
BloFin BTC-USDT
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP