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−$45
spread now+0.059%7d average+0.002%fees + slippage, in and out−$50spread needed0.504%
Long on dYdXShort on Kraken Futures
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX BTC-USD85,938−0.0008get 0.0001% / 1h10m 19s$17.1M$17.7M50x
ShortKraken Futures PF_XBTUSD85,988.7−0.0019pay 0.0002% / 1h10m 19s$189.0M$819.7M100x

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
$5.91
Funding while held
−$0.32
Slippage, 4 orders
−$30.39
Fee dYdX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$44.81
Spread needed to break even
0.504%
Slippage from dYdX: live order book, just now; Kraken Futures: live order book, 5 min ago.

Cost of waiting

funding view
Funding /8h
−0.0011%
Per $10,000 a day
−$0.32
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 dYdX live order book, just now2.68 bp21.2 bp −$2121.8 bp −$21821.9 bp −$2,18738.6 bp −$19.3K
Sell Kraken Futures live order book, 5 min ago0.06 bp5.1 bp −$56.5 bp −$657.4 bp −$7419.6 bp −$4,784

BTC price on every exchange

against the cheapest. Click to use as the short leg.
HTX85,895.3cheapestBloFin85,899.8+0.005%Phoenix85,910+0.017%Bulk85,910.8+0.018%StandX85,912.6+0.020%Phemex85,912.8+0.020%KuCoin85,915+0.023%edgeX85,915.4+0.023%Nado85,919.4+0.028%MEXC85,920+0.029%Ondo Perps85,921+0.030%Popdex85,922+0.031%Katana Perps85,923+0.032%Hotstuff85,924+0.033%SunX85,925.1+0.035%Backpack85,926+0.036%Reya85,928.6+0.039%Variational Omni85,931.5+0.042%Aster85,931.8+0.042%Arcus85,931.9+0.043%Lighter85,934.9+0.046%Polymarket Perps85,936+0.047%
dYdX85,938+0.050%
Perpl85,938.1+0.050%Lighter RH85,939.2+0.051%Bitget85,940.3+0.052%01 Exchange85,940.6+0.053%Pacifica85,941.2+0.053%Binance85,941.8+0.054%Gate85,942+0.054%Injective85,942+0.054%Aftermath Perps85,944.4+0.057%BingX85,945.9+0.059%Extended85,946.3+0.059%Aevo85,947.1+0.060%Bullet85,948+0.061%SoDEX85,948+0.061%Bybit85,948.9+0.062%RISEx85,950+0.064%ApeX Omni85,950.6+0.064%OKX85,954.8+0.069%Jupiter Perps85,957.3+0.072%Derive85,958.4+0.073%Paradex85,962.3+0.078%Vest85,963.9+0.080%Orderly85,964+0.080%Kalshi85,968+0.085%GMX85,978.1+0.096%Hibachi85,980.1+0.099%gTrade (Gains Network)85,982+0.101%
Kraken Futures85,988.7+0.109%
Bluefin85,994.3+0.115%Hyperliquid86,013+0.137%Coinbase International86,017.1+0.142%Deribit86,030.7+0.158%

BTC on 55 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
HTX BTC-USDT−0.050%+0.0043%8h$2.29B$858.1M200xas long as short
BloFin BTC-USDT−0.044%−0.0092%8h$423.6M$568.7M150xas long as short
Phoenix BTC−0.033%−0.0082%1h$2.0M$11.0M40xas long as short
Bulk BTC-USD−0.032%+0.0007%1h$563.6M$124.3M40xas long as short
StandX BTC-USD−0.030%+0.0100%1h$30.7M$210.1M40xas long as short
Phemex BTCUSDT−0.029%+0.0026%8h$154.1M$427.2M150xas long as short
KuCoin XBTUSDTM−0.027%−0.0011%8h$809.1M$623.7M125xas long as short
edgeX BTCUSDC−0.026%+0.0100%4h$280.8M$880.1M100xas long as short
Nado BTC-PERP−0.022%+0.0100%1h$23.0M$227.4M50xas long as short
MEXC BTC_USDT−0.021%+0.0028%8h$5.15B$5.14B500xas long as short
Show all 55 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Ondo Perps BTC-USD.P−0.020%+0.0100%1h$4.0M$17.4M25xas long as short
Popdex BTCUSDT−0.019%+0.0048%1h$8.5M$46.4M100xas long as short
Katana Perps BTC-USD−0.017%+0.0100%8h$208K$5.9M50xas long as short
Hotstuff BTC-PERP−0.016%−0.0080%1h$9K$4K50xas long as short
SunX BTC-USDT−0.015%+0.0100%8h$3.4M$5.7M100xas long as short
Backpack BTC_USDC_PERP−0.014%+0.0100%1h$37.5M$135.1M75xas long as short
Reya BTCRUSDPERP−0.011%−0.0015%1h$6.8M$138.3M40xas long as short
Variational Omni BTC−0.008%+0.0075%8h$166.9M$509.4M—as long as short
Aster BTCUSDT−0.007%+0.0015%8h$506.5M$1.10B200xas long as short
Arcus BTC-USD−0.007%−0.0299%1h$6.7M$86.4M40xas long as short
Lighter BTC−0.004%+0.0096%1h$172.2M$955.2M50xas long as short
Polymarket Perps BTC-USD−0.002%+0.0100%1h$11.0M$12.4M50xas long as short
dYdX BTC-USDlong0.000%−0.0008%1h$17.1M$17.7M50x
Perpl BTC0.000%−0.0447%43m$411K$26.0M6.7xas long as short
Lighter RH BTC+0.001%+0.0096%1h$24.5M$139.2M50xas long as short
Bitget BTCUSDT+0.003%+0.0002%8h$2.97B$4.69B150xas long as short
01 Exchange BTCUSD+0.003%−0.0048%1h$311K$2.3M50xas long as short
Pacifica BTC+0.004%+0.0100%1h$36.6M$424.4M50xas long as short
Binance BTCUSDT+0.004%+0.0028%8h$9.51B$22.23B150xas long as short
Gate BTC_USDT+0.005%+0.0048%8h$6.08B$9.70B200xas long as short
Injective BTC/USDC PERP+0.005%−0.0006%1h$308K$27.0M52xas long as short
Aftermath Perps BTCUSD+0.007%−0.0012%1h$87K$157K20xas long as short
BingX BTC-USDT+0.009%+0.0002%8h—$1.37B—as long as short
Extended BTC-USD+0.010%+0.0088%1h$48.4M$201.5M50xas long as short
Aevo BTC-PERP+0.011%+0.0032%1h$2.4M$1.3M20xas long as short
Bullet BTC-USD+0.012%+0.0100%1h$233K$3.3M20xas long as short
SoDEX BTC-USD+0.012%−0.0012%1h$60.9M$285.8M40xas long as short
Bybit BTCUSDT+0.013%+0.0050%8h$5.29B$8.69B150xas long as short
RISEx BTC/USDC+0.014%+0.0031%1h$9.3M$38.7M25xas long as short
ApeX Omni BTCUSDT+0.015%+0.0074%1h$139.9M$320.3M100xas long as short
OKX BTC-USDT-SWAP+0.020%+0.0036%8h$2.67B$11.62B100xas long as short
Jupiter Perps WBTC-PERP+0.023%L +0.0104% / S +0.0048%1h—$83.3M500xas long as short
Derive BTC-PERP+0.024%+0.0100%1h$30.4M$59.0M15xas long as short
Paradex BTC-USD-PERP+0.028%+0.0099%8h$4.4M$6.9M50xas long as short
Vest BTC-PERP+0.030%+0.0100%1h—$11.5M50xas long as short
Orderly PERP_BTC_USDC+0.030%+0.0090%8h$2.4M$7.4M100xas long as short
Kalshi KXBTCPERP+0.035%0.0000%8h$11.8M$661.7M6.4xas long as short
GMX BTC/USD [WBTC.b-USDC]+0.047%L +0.0175% / S −0.0177%1h$13.7M—200xas long as short
Hibachi BTC/USDT-P+0.049%+0.0072%1h$748K$6.5M30xas 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_XBTUSDshort+0.059%−0.0019%1h$189.0M$819.7M100x
Bluefin BTC-PERP+0.066%+0.0100%1h$143K$454K40xas long as short
Hyperliquid BTC+0.087%+0.0141%1h$3.96B$4.51B40xas long as short
Coinbase International BTC-PERP-INTX+0.092%+0.0200%1h$129.2M$5.84B50xas long as short
Deribit BTC-PERPETUAL+0.108%+0.0249%1h$917.5M$1.12B50xas long as short