Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.017%
Price spread now: SunX against Gate−0.023%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$260.256% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.023%, 7d avg −0.007%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BTC_USDT | 85,320.9 | 0.0100 | pay 0.0100% / 8h | 2h 35m | $5.52B | $10.88B | 200x |
| Short | SunX BTC-USDT | 85,301.2 | 0.0100 | get 0.0100% / 8h | 2h 35m | $2.9M | $6.1M | 100x |
Gate BTC_USDT
SunX BTC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Gate. 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: −0.023% → −0.007%
- −$1.61
- Slippage, 4 orders
- −$2.57
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$27.18
- Costs to cover
- 0.256%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; SunX: live order book, 4 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 Gate live order book, 4 min ago | 0.01 bp | 7.5 bp −$8 | 7.5 bp −$75 | 8.2 bp −$824 | 10.1 bp −$5,033 |
| Sell SunX live order book, 4 min ago | 0.93 bp | 4.9 bp −$5 | 5.4 bp −$54 | 7.2 bp −$723 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl BTC | −0.0112% | 43m | 85,316.9 | −0.005% | $526K | $18.8M | 6.7x | as long as short |
| Phoenix BTC | −0.0111% | 1h | 85,251 | −0.082% | $2.1M | $10.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,326 | +0.006% | $8K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0053% | 8h | 85,305.8 | −0.018% | $922.7M | $763.7M | 125x | as long as short |
| BloFin BTC-USDT | −0.0034% | 8h | 85,308.7 | −0.014% | $421.3M | $680.3M | 150x | as long as short |
| 01 Exchange BTCUSD | −0.0032% | 1h | 85,315.4 | −0.006% | $383K | $2.3M | 50x | as long as short |
| Aster BTCUSDT | −0.0014% | 8h | 85,311.9 | −0.011% | $513.0M | $1.10B | 200x | as long as short |
| dYdX BTC-USD | +0.0001% | 1h | 85,282.6 | −0.045% | $16.7M | $21.7M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,333.5 | +0.015% | $36.5M | — | 200x | as long as short |
| Nado BTC-PERP | +0.0014% | 1h | 85,308 | −0.015% | $24.6M | $222.8M | 50x | as long as short |
Perpl BTC
Phoenix BTC
Hotstuff BTC-PERP
KuCoin XBTUSDTM
BloFin BTC-USDT
01 Exchange BTCUSD
Aster BTCUSDT
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
Nado BTC-PERPShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BTC/USDC PERP | +0.0023% | 1h | 85,225 | −0.112% | $338K | $26.8M | 52x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0056% | 1h | 85,338.2 | +0.020% | $187.6M | $955.9M | 100x | as long as short |
| BingX BTC-USDC | +0.0066% | 8h | 85,304 | −0.020% | — | $17.4M | — | as long as short |
| Bullet BTC-USD | +0.0068% | 1h | 85,321 | 0.000% | $206K | $3.3M | 20x | as long as short |
| SoDEX BTC-USD | +0.0070% | 1h | 85,330 | +0.011% | $59.7M | $335.8M | 40x | as long as short |
| Phemex BTCUSDT | +0.0070% | 8h | 85,312.1 | −0.010% | $149.2M | $503.7M | 150x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 85,319.5 | −0.002% | $2.4M | $6.7M | 20x | as long as short |
| Bitget BTCUSDT | +0.0083% | 8h | 85,333.9 | +0.015% | $2.95B | $5.17B | 150x | as long as short |
| MEXC BTC_USDT | +0.0084% | 8h | 85,323.6 | +0.003% | $5.06B | $5.69B | 500x | as long as short |
| Binance BTCUSDT | +0.0086% | 8h | 85,323.2 | +0.003% | $9.42B | $24.82B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,332.7 | +0.014% | $171.3M | $1.02B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,332 | +0.013% | $23.7M | $148.0M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,308 | −0.015% | $8.3M | $55.6M | 100x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0096% | 1h | 85,355.1 | +0.040% | $117.1M | $5.34B | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,285 | −0.042% | $238K | $8.5M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,363.8 | +0.050% | $5.6M | $9.5M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,396 | +0.088% | $3.75B | $5.06B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,337.7 | +0.020% | $40.1M | $595.5M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,301.4 | −0.023% | $5.16B | $9.92B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,303.5 | −0.020% | $2.58B | $12.18B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,296 | −0.029% | $3.8M | $17.6M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,315.2 | −0.007% | $4.6M | $99.2M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,324.1 | +0.004% | $679.5M | $626.7M | 40x | as long as short |
| Gate BTC_USDTlong | +0.0100% | 8h | 85,320.9 | long leg | $5.52B | $10.88B | 200x | |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,291.3 | −0.035% | $36.0M | $174.6M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,263.5 | −0.067% | $156.5M | $568.3M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,240.8 | −0.094% | $278.9M | $942.4M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,264.2 | −0.066% | $214.3M | $168.8M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,275.4 | −0.053% | $139.4M | $315.6M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,252.5 | −0.080% | $30.1M | $206.0M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,376.2 | +0.065% | — | $10.9M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,316 | −0.006% | $11.0M | $14.4M | 50x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,327.7 | +0.008% | $2.4M | $9.1M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,372.1 | +0.060% | $217K | $750K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,307.6 | −0.016% | $30.1M | $50.4M | 15x | as long as short |
| SunX BTC-USDTshort | +0.0100% | 8h | 85,301.2 | −0.023% | $2.9M | $6.1M | 100x | |
| HTX BTC-USDT | +0.0100% | 8h | 85,313.2 | −0.009% | $2.26B | $952.8M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,307.8 | −0.015% | $45.3M | $238.1M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 85,322.7 | +0.002% | — | $107.0M | 500x | as long as short |
| Reya BTCRUSDPERP | +0.0113% | 1h | 85,320.5 | 0.000% | $6.6M | $147.4M | 40x | as long as short |
| Deribit BTC-PERPETUAL | +0.0132% | 1h | 85,369.7 | +0.057% | $872.4M | $1.61B | 50x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0176% / S −0.0151% | 1h | 85,323.9 | +0.003% | $13.0M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0176% | 8h | 85,346 | +0.029% | $11.4M | $747.4M | 6.4x | as long as short |
| Aftermath Perps BTCUSD | +0.0216% | 1h | 85,312.5 | −0.010% | $79K | $225K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0224% | 1h | 85,306 | −0.017% | $719K | $8.0M | 30x | as long as short |
| RISEx BTC/USDC | +0.0257% | 1h | 85,335.1 | +0.017% | $8.7M | $43.1M | 25x | as long as short |
Injective BTC/USDC PERP
Kraken Futures PF_XBTUSD
BingX BTC-USDC
Bullet BTC-USD
SoDEX BTC-USD
Phemex BTCUSDT
Aevo BTC-PERP
Bitget BTCUSDT
MEXC BTC_USDT
Binance BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Coinbase International BTC-PERP-INTX
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
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
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
Derive BTC-PERP
HTX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Reya BTCRUSDPERP
Deribit BTC-PERPETUAL
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
Aftermath Perps BTCUSD
Hibachi BTC/USDT-P
RISEx BTC/USDC