Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.001%
Price spread now: SunX against Extended+0.039%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$150.155% of the position
Funding, last 7 days−0.045%−$5 on $10k
+Price spread, last 3 days (all we have)−0.110%−$11 · spread now +0.039%, 7d avg +0.023%
=Together, before fees−0.155%+ Points / potential airdropExtended: Active · farm board−$15 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BTC-USD | 86,554.7 | 0.0104 | pay 0.0013% / 1h | 0m 10s | $46.4M | $226.7M | 50x |
| Short | SunX BTC-USDT | 86,588.1 | 0.0100 | get 0.0100% / 8h | 2h 00m | $3.4M | $5.5M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Extended. 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
- −$0.84
- Price spread: +0.039% → +0.023%
- $1.6
- Slippage, 4 orders
- −$2.49
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$14.72
- Costs to cover
- 0.155%
- Break-even
- never at this rate
Slippage from Extended: live order book, 4 min ago; SunX: live order book, 8 min ago.
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 Extended live order book, 4 min ago | 0.06 bp | 2.6 bp −$3 | 2.6 bp −$26 | 2.6 bp −$256 | 8.3 bp −$4,160 |
| Sell SunX live order book, 8 min ago | 0.72 bp | 5.4 bp −$5 | 6.3 bp −$63 | 8.9 bp −$891 | 12.4 bp −$6,209 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps BTCUSD | −0.0248% | 1h | 86,615.5 | +0.070% | $81K | $193K | 20x | as long as short |
| Perpl BTC | −0.0223% | 43m | 86,606.5 | +0.060% | $425K | $24.5M | 6.7x | as long as short |
| Phoenix BTC | −0.0103% | 1h | 86,561 | +0.007% | $2.2M | $12.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,582 | +0.032% | $9K | $3K | 50x | as long as short |
| dYdX BTC-USD | −0.0066% | 1h | 86,591.4 | +0.042% | $17.6M | $20.6M | 50x | as long as short |
| Aster BTCUSDT | −0.0003% | 8h | 86,575 | +0.024% | $505.5M | $1.16B | 200x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 86,612.9 | +0.067% | $360K | $2.4M | 50x | as long as short |
| Deribit BTC-PERPETUAL | 0.0000% | 1h | 86,599.6 | +0.052% | $927.6M | $1.47B | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 86,611.2 | +0.065% | $36.8M | — | 200x | as long as short |
| KuCoin XBTUSDTM | +0.0005% | 8h | 86,571.7 | +0.020% | $850.1M | $709.7M | 125x | as long as short |
Show all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya BTCRUSDPERP | +0.0022% | 1h | 86,580.9 | +0.030% | $6.7M | $144.6M | 40x | as long as short |
| BingX BTC-USDT | +0.0030% | 8h | 86,566.1 | +0.013% | — | $1.59B | — | as long as short |
| Phemex BTCUSDT | +0.0032% | 8h | 86,569.9 | +0.018% | $149.6M | $472.6M | 150x | as long as short |
| Bitget BTCUSDT | +0.0038% | 8h | 86,559.4 | +0.005% | $2.95B | $5.09B | 150x | as long as short |
| Injective BTC/USDC PERP | +0.0049% | 1h | 86,614 | +0.069% | $315K | $26.8M | 52x | as long as short |
| Aevo BTC-PERP | +0.0056% | 1h | 86,586.4 | +0.037% | $2.4M | $1.3M | 20x | as long as short |
| MEXC BTC_USDT | +0.0058% | 8h | 86,560.1 | +0.006% | $5.18B | $5.73B | 500x | as long as short |
| Binance BTCUSDT | +0.0059% | 8h | 86,562.5 | +0.009% | $9.42B | $24.38B | 150x | as long as short |
| RISEx BTC/USDC | +0.0063% | 1h | 86,601.3 | +0.054% | $8.5M | $43.2M | 25x | as long as short |
| Gate BTC_USDT | +0.0081% | 8h | 86,563.9 | +0.011% | $5.85B | $10.72B | 200x | as long as short |
| Bybit BTCUSDT | +0.0086% | 8h | 86,567 | +0.014% | $5.28B | $9.74B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,569.8 | +0.017% | $172.0M | $1.02B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,584.9 | +0.035% | $24.1M | $154.6M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,588 | +0.039% | $8.5M | $52.3M | 100x | as long as short |
| OKX BTC-USDT-SWAP | +0.0099% | 8h | 86,565 | +0.012% | $2.55B | $12.73B | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,578 | +0.027% | $201K | $6.9M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,639.8 | +0.098% | $4.8M | $8.3M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,585.1 | +0.035% | $21.7M | $235.0M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,638.1 | +0.096% | $3.81B | $5.12B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,622.8 | +0.079% | $40.9M | $498.0M | 50x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,595 | +0.047% | $3.9M | $18.6M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,662.8 | +0.125% | $7.4M | $94.2M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,590.2 | +0.041% | $572.1M | $20.3M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,566.3 | +0.013% | $38.2M | $151.5M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,596.1 | +0.048% | $159.3M | $566.2M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,553.8 | −0.001% | $279.5M | $942.6M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,562.1 | +0.009% | $217.2M | $185.3M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,565.5 | +0.012% | $141.5M | $323.0M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,588.3 | +0.039% | $30.7M | $203.4M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,642.1 | +0.101% | — | $11.6M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,600 | +0.052% | $11.1M | $13.8M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,591 | +0.042% | $190K | $3.4M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,598.5 | +0.051% | $2.5M | $8.6M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 86,613 | +0.067% | $140K | $619K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,588.9 | +0.040% | $30.0M | $61.7M | 15x | as long as short |
| SunX BTC-USDTshort | +0.0100% | 8h | 86,588.1 | +0.039% | $3.4M | $5.5M | 100x | |
| SoDEX BTC-USD | +0.0100% | 1h | 86,565 | +0.012% | $60.5M | $336.7M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 86,583.3 | +0.033% | $2.30B | $960.5M | 200x | as long as short |
| Extended BTC-USDlong | +0.0104% | 1h | 86,554.7 | long leg | $46.4M | $226.7M | 50x | |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,623.4 | +0.079% | — | $98.9M | 500x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0117% | 1h | 86,590.1 | +0.041% | $187.0M | $934.9M | 100x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0120% | 1h | 86,619.6 | +0.075% | $131.9M | $5.82B | 50x | as long as short |
| Hibachi BTC/USDT-P | +0.0160% | 1h | 86,622.8 | +0.079% | $774K | $8.1M | 30x | as long as short |
| Kalshi KXBTCPERP | +0.0179% | 8h | 86,622 | +0.078% | $9.6M | $727.2M | 6.4x | as long as short |
| BloFin BTC-USDT | +0.0179% | 8h | 86,596.9 | +0.049% | $416.9M | $655.7M | 150x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0180% / S −0.0209% | 1h | 86,607.1 | +0.061% | $15.0M | — | 200x | as long as short |
Extended BTC-USD
SunX BTC-USDT
Aftermath Perps BTCUSD
Phoenix BTC
Aster BTCUSDT
01 Exchange BTCUSD
Deribit BTC-PERPETUAL
gTrade (Gains Network) BTC/USD
KuCoin XBTUSDTM
BingX BTC-USDT
Phemex BTCUSDT
Bitget BTCUSDT
Injective BTC/USDC PERP
MEXC BTC_USDT
Binance BTCUSDT
RISEx BTC/USDC
Gate BTC_USDT
Bybit BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
OKX BTC-USDT-SWAP
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
Bulk BTC-USD
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
SoDEX BTC-USD
HTX BTC-USDT
Kraken Futures PF_XBTUSD
Coinbase International BTC-PERP-INTX
Kalshi KXBTCPERP
BloFin BTC-USDT
GMX BTC/USD [WBTC.b-USDC]