Funding you earn now, next payment 23:00 UTC+0.0169%/8h= +18.5% APRpaid last 24h +0.052%
Price spread now: Bybit against Hotstuff0.000%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff BTC-PERP | 86,440 | −0.0080 | get 0.0010% / 1h | 31m 39s | $9K | $3K | 50x |
| Short | Bybit BTCUSDT | 86,439.6 | 0.0089 | get 0.0089% / 8h | 1h 31m | $5.27B | $9.71B | 150x |
Hotstuff BTC-PERP
Bybit BTCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Hotstuff. 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
- $35.4
- Price spread: 0.000% → 0.000%
- −$0.05
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $19.36
- Costs to cover
- 0.160%
- Break-even
- 3.2 days
Slippage unknown: Hotstuff: no order-book sample; Bybit: live order book, 3 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 3 min ago | 0.01 bp | 5.5 bp −$6 | 5.5 bp −$55 | 6.0 bp −$597 | 7.7 bp −$3,855 |
Hotstuff: 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 | −0.0534% | 1h | 86,457 | +0.020% | $140K | $618K | 40x | as long as short |
| Phoenix BTC | −0.0159% | 1h | 86,627 | +0.216% | $2.2M | $11.8M | 40x | as long as short |
| Aftermath Perps BTCUSD | −0.0101% | 1h | 86,569 | +0.149% | $83K | $216K | 20x | as long as short |
| Hotstuff BTC-PERPlong | −0.0080% | 1h | 86,440 | long leg | $9K | $3K | 50x | |
| Aster BTCUSDT | −0.0011% | 8h | 86,431.9 | −0.009% | $504.4M | $1.15B | 200x | as long as short |
| 01 Exchange BTCUSD | −0.0008% | 1h | 86,456.2 | +0.019% | $358K | $2.4M | 50x | as long as short |
| dYdX BTC-USD | −0.0002% | 1h | 86,483.7 | +0.051% | $17.1M | $20.7M | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0001% | 8h | 86,434.5 | −0.006% | $851.2M | $708.9M | 125x | as long as short |
| Perpl BTC | 0.0000% | 43m | 86,500.3 | +0.070% | $422K | $23.8M | 6.7x | as long as short |
| Deribit BTC-PERPETUAL | 0.0000% | 1h | 86,487 | +0.054% | $922.9M | $1.48B | 50x | as long as short |
Bluefin BTC-PERP
Phoenix BTC
Aftermath Perps BTCUSD
Aster BTCUSDT
01 Exchange BTCUSD
dYdX BTC-USD
KuCoin XBTUSDTM
Perpl BTC
Deribit BTC-PERPETUALShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 86,470.9 | +0.036% | $36.8M | — | 200x | as long as short |
| RISEx BTC/USDC | +0.0006% | 1h | 86,447.8 | +0.009% | $8.5M | $43.2M | 25x | as long as short |
| Reya BTCRUSDPERP | +0.0022% | 1h | 86,427.6 | −0.014% | $6.7M | $144.9M | 40x | as long as short |
| Injective BTC/USDC PERP | +0.0024% | 1h | 86,559 | +0.138% | $315K | $26.8M | 52x | as long as short |
| Phemex BTCUSDT | +0.0032% | 8h | 86,464.9 | +0.029% | $149.6M | $475.9M | 150x | as long as short |
| BingX BTC-USDC | +0.0034% | 8h | 86,420.3 | −0.023% | — | $15.3M | — | as long as short |
| Bitget BTCUSDT | +0.0043% | 8h | 86,436.3 | −0.004% | $2.94B | $5.08B | 150x | as long as short |
| Hibachi BTC/USDT-P | +0.0048% | 1h | 86,530.4 | +0.105% | $730K | $8.2M | 30x | as long as short |
| Binance BTCUSDT | +0.0060% | 8h | 86,442.7 | +0.003% | $9.41B | $24.33B | 150x | as long as short |
| MEXC BTC_USDT | +0.0060% | 8h | 86,447.6 | +0.009% | $5.15B | $5.66B | 500x | as long as short |
| Aevo BTC-PERP | +0.0064% | 1h | 86,432.2 | −0.009% | $2.4M | $1.3M | 20x | as long as short |
| Gate BTC_USDT | +0.0074% | 8h | 86,444.1 | +0.005% | $5.84B | $10.67B | 200x | as long as short |
| Bybit BTCUSDTshort | +0.0089% | 8h | 86,439.6 | 0.000% | $5.27B | $9.71B | 150x | |
| SoDEX BTC-USD | +0.0090% | 1h | 86,447 | +0.008% | $60.4M | $337.2M | 40x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,450.1 | +0.012% | $171.4M | $1.01B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,461.8 | +0.025% | $24.0M | $152.0M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,443 | +0.003% | $8.5M | $52.2M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,429 | −0.013% | $200K | $6.9M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,486.1 | +0.053% | $4.8M | $8.4M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,455.6 | +0.018% | $21.9M | $233.6M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,523.1 | +0.096% | $3.81B | $5.09B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,477.2 | +0.043% | $41.0M | $505.2M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,436.6 | −0.004% | $2.54B | $12.69B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,446 | +0.007% | $3.9M | $18.6M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,517.7 | +0.090% | $7.4M | $93.8M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,703.1 | +0.304% | $573.0M | $18.8M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,432.2 | −0.009% | $38.3M | $153.6M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,541.3 | +0.117% | $156.5M | $566.0M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,509.2 | +0.080% | $279.5M | $944.8M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,543.9 | +0.120% | $217.3M | $174.1M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,543.1 | +0.119% | $141.5M | $323.1M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,497.5 | +0.066% | $30.7M | $203.6M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,498 | +0.067% | — | $11.6M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,435 | −0.006% | $11.0M | $13.7M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,446.8 | +0.008% | $192K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,457.1 | +0.020% | $2.4M | $8.6M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,449.2 | +0.011% | $30.0M | $61.6M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,462.6 | +0.026% | $3.4M | $5.4M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 86,442.7 | +0.003% | $2.29B | $965.2M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,416.7 | −0.027% | $46.4M | $225.4M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,483.1 | +0.050% | — | $98.2M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 86,502.9 | +0.073% | $131.7M | $5.70B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0121% | 1h | 86,498.6 | +0.068% | $191.1M | $937.7M | 100x | as long as short |
| BloFin BTC-USDT | +0.0180% | 8h | 86,473.2 | +0.038% | $414.5M | $651.6M | 150x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0183% / S −0.0216% | 1h | 86,463.2 | +0.027% | $15.4M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0195% | 8h | 86,478 | +0.044% | $9.8M | $729.6M | 6.4x | as long as short |
gTrade (Gains Network) BTC/USD
RISEx BTC/USDC
Reya BTCRUSDPERP
Injective BTC/USDC PERP
Phemex BTCUSDT
BingX BTC-USDC
Bitget BTCUSDT
Hibachi BTC/USDT-P
Binance BTCUSDT
MEXC BTC_USDT
Aevo BTC-PERP
Gate BTC_USDT
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
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
Bullet BTC-USD
Orderly PERP_BTC_USDC
Derive BTC-PERP
SunX BTC-USDT
HTX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
BloFin BTC-USDT
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP