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−$17
spread now−0.002%7d average+0.037%fees + slippage, in and out−$13spread needed0.131%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BTC-USD86,024.10.0080pay 0.0010% / 1h58m 18s$48.3M$202.0M50x
ShortAster BTCUSDT86,022.20.0017get 0.0017% / 8h4h 58m$507.0M$1.10B200x

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
−$0.22
Funding while held
−$1.89
Slippage, 4 orders
−$0.13
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$15.24
Spread needed to break even
0.131%
Slippage from Extended: live order book, 2 min ago; Aster: live order book, 2 min ago.

Cost of waiting

funding view
Funding /8h
−0.0063%
Per $10,000 a day
$1.89
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 Extended live order book, 2 min ago0.06 bp2.6 bp −$32.6 bp −$262.9 bp −$2868.9 bp −$4,464
Sell Aster live order book, 2 min ago0.01 bp4.0 bp −$44.3 bp −$434.8 bp −$4847.5 bp −$3,740

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
HTX BTC-USDT−0.027%+0.0040%8h$2.29B$856.4M200xas long as short
Phoenix BTC−0.016%−0.0082%1h$2.0M$11.0M40xas long as short
ApeX Omni BTCUSDT−0.012%+0.0043%1h$140.1M$321.1M100xas long as short
edgeX BTCUSDC−0.011%+0.0100%4h$281.8M$883.4M100xas long as short
Bulk BTC-USD−0.011%+0.0015%1h$565.1M$114.8M40xas long as short
Hotstuff BTC-PERP−0.011%−0.0080%1h$9K$4K50xas long as short
StandX BTC-USD−0.010%+0.0100%1h$30.7M$211.5M40xas long as short
Bitget BTCUSDT−0.004%+0.0002%8h$2.97B$4.69B150xas long as short
Aster BTCUSDTshort−0.002%+0.0017%8h$507.0M$1.10B200x
BloFin BTC-USDT−0.002%−0.0090%8h$423.8M$569.8M150xas long as short
Show all 55 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
SunX BTC-USDT−0.001%+0.0100%8h$3.4M$5.6M100xas long as short
Extended BTC-USDlong0.000%+0.0080%1h$48.3M$202.0M50x
Variational Omni BTC0.000%+0.0076%8h$168.5M$507.7Mas long as short
Popdex BTCUSDT+0.005%+0.0096%1h$8.7M$46.6M100xas long as short
Binance BTCUSDT+0.005%+0.0031%8h$9.52B$22.22B150xas long as short
KuCoin XBTUSDTM+0.005%−0.0010%8h$810.6M$623.0M125xas long as short
Katana Perps BTC-USD+0.006%+0.0100%8h$209K$5.9M50xas long as short
MEXC BTC_USDT+0.006%+0.0030%8h$5.17B$5.09B500xas long as short
Gate BTC_USDT+0.006%+0.0055%8h$6.10B$9.66B200xas long as short
OKX BTC-USDT-SWAP+0.007%+0.0039%8h$2.68B$11.63B100xas long as short
BingX BTC-USDT+0.008%+0.0002%8h$1.38Bas long as short
Aevo BTC-PERP+0.009%+0.0032%1h$2.4M$1.3M20xas long as short
Nado BTC-PERP+0.010%+0.0100%1h$23.0M$226.5M50xas long as short
SoDEX BTC-USD+0.010%+0.0017%1h$61.0M$286.0M40xas long as short
Reya BTCRUSDPERP+0.012%−0.0013%1h$6.8M$138.3M40xas long as short
Phemex BTCUSDT+0.013%+0.0027%8h$155.4M$427.1M150xas long as short
Aftermath Perps BTCUSD+0.014%−0.0029%1h$87K$157K20xas long as short
dYdX BTC-USD+0.015%0.0000%1h$17.2M$17.7M50xas long as short
Arcus BTC-USD+0.017%+0.0100%1h$6.8M$86.2M40xas long as short
Bullet BTC-USD+0.020%+0.0100%1h$231K$3.3M20xas long as short
Bybit BTCUSDT+0.021%+0.0064%8h$5.32B$8.70B150xas long as short
Polymarket Perps BTC-USD+0.022%+0.0100%1h$11.0M$12.4M50xas long as short
Derive BTC-PERP+0.023%+0.0100%1h$30.4M$59.0M15xas long as short
Ondo Perps BTC-USD.P+0.023%+0.0100%1h$4.0M$17.3M25xas long as short
Orderly PERP_BTC_USDC+0.027%+0.0089%8h$2.4M$7.4M100xas long as short
Lighter BTC+0.027%+0.0096%1h$172.5M$940.1M50xas long as short
Backpack BTC_USDC_PERP+0.028%+0.0100%1h$38.3M$135.9M75xas long as short
Lighter RH BTC+0.030%+0.0096%1h$24.6M$138.3M50xas long as short
Pacifica BTC+0.035%+0.0100%1h$36.6M$426.5M50xas long as short
RISEx BTC/USDC+0.037%+0.0027%1h$9.3M$38.6M25xas long as short
Perpl BTC+0.040%−0.0447%43m$406K$25.8M6.7xas long as short
01 Exchange BTCUSD+0.041%−0.0032%1h$310K$2.3M50xas long as short
Injective BTC/USDC PERP+0.044%0.0000%1h$309K$27.0M52xas long as short
GMX BTC/USD [WBTC.b-USDC]+0.048%L +0.0175% / S −0.0177%1h$13.7M200xas long as short
Hibachi BTC/USDT-P+0.049%+0.0072%1h$746K$6.5M30xas long as short
Jupiter Perps WBTC-PERP+0.049%L +0.0104% / S +0.0048%1h$83.2M500xas long as short
gTrade (Gains Network) BTC/USD+0.050%L +0.0005% / S −0.0004%1h$36.8M200xas long as short
Kraken Futures PF_XBTUSD+0.058%−0.0030%1h$189.0M$821.5M100xas long as short
Kalshi KXBTCPERP+0.059%0.0000%8h$11.2M$664.2M6.4xas long as short
Paradex BTC-USD-PERP+0.062%+0.0099%8h$4.4M$6.9M50xas long as short
Vest BTC-PERP+0.065%+0.0100%1h$11.5M50xas long as short
Bluefin BTC-PERP+0.066%+0.0100%1h$143K$454K40xas long as short
Coinbase International BTC-PERP-INTX+0.080%+0.0168%1h$129.6M$5.83B50xas long as short
Deribit BTC-PERPETUAL+0.095%+0.0234%1h$917.5M$1.12B50xas long as short
Hyperliquid BTC+0.114%+0.0149%1h$3.98B$4.52B40xas long as short