Settings8H · net · $10k
Funding arb · Price arb /

BTC

all BTC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%
Price spread now: Vest against HTX+0.031%46s7-day average +0.031% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.031%, 7d avg +0.031%
Together, before fees−0.009%+ Points / potential airdropVest: Active · farm board−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BTC-USDT85,250.40.0100pay 0.0100% / 8h18m 20s$2.25B$973.9M200x
ShortVest BTC-PERP85,276.90.0100get 0.0013% / 1h18m 20s$10.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.031% → +0.031%
$0.03
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Vest: 1 bp × 2 orders
−$2
Net
−$13.97
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 1 min ago; Vest: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 1 min ago0.01 bp6.0 bp −$66.0 bp −$606.1 bp −$6157.8 bp −$3,900
Sell Vest no order-book sample
Vest: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff BTC-PERP−0.0080%1h85,241−0.011%$8K$3K50xas long as short
Phoenix BTC−0.0034%1h85,189−0.072%$2.3M$10.8M40xas long as short
BloFin BTC-USDT−0.0020%8h85,240.6−0.011%$422.4M$686.2M150xas long as short
KuCoin XBTUSDTM−0.0015%8h85,224.6−0.030%$927.2M$778.1M125xas long as short
01 Exchange BTCUSD0.0000%1h85,226.9−0.028%$343K$2.3M50xas long as short
Aster BTCUSDT+0.0001%8h85,202.3−0.056%$509.1M$1.09B200xas long as short
gTrade (Gains Network) BTC/USDL +0.0004% / S −0.0004%1h85,214.5−0.042%$36.4M200xas long as short
dYdX BTC-USD+0.0011%1h85,231.4−0.022%$16.7M$21.0M50xas long as short
Kraken Futures PF_XBTUSD+0.0026%1h85,270.1+0.023%$185.8M$955.6M100xas long as short
ApeX Omni BTCUSDT+0.0058%1h85,166−0.099%$139.5M$312.5M100xas long as short
Show all 56 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BTC-USDT+0.0064%8h85,206.9−0.051%$1.57Bas long as short
Injective BTC/USDC PERP+0.0067%1h85,181−0.081%$302K$25.3M52xas long as short
Bybit BTCUSDT+0.0080%8h85,200.2−0.059%$5.10B$10.03B150xas long as short
Nado BTC-PERP+0.0087%1h85,223.6−0.031%$24.1M$220.9M50xas long as short
Lighter BTC+0.0096%1h85,224.5−0.030%$168.3M$1.02B50xas long as short
Lighter RH BTC+0.0096%1h85,226.4−0.028%$23.6M$148.7M50xas long as short
Popdex BTCUSDT+0.0096%1h85,215−0.042%$8.4M$57.7M100xas long as short
Bitget BTCUSDT+0.0096%8h85,202.5−0.056%$2.97B$5.21B150xas long as short
Aevo BTC-PERP+0.0096%1h85,202.8−0.056%$2.4M$6.7M20xas long as short
Katana Perps BTC-USD+0.0100%8h85,197−0.063%$269K$8.7M50xas long as short
Paradex BTC-USD-PERP+0.0100%8h85,256.7+0.007%$5.8M$9.6M50xas long as short
Hyperliquid BTC+0.0100%1h85,291+0.048%$3.75B$5.09B40xas long as short
Pacifica BTC+0.0100%1h85,237.4−0.015%$40.3M$604.7M50xas long as short
Binance BTCUSDT+0.0100%8h85,209.5−0.048%$9.38B$25.16B150xas long as short
OKX BTC-USDT-SWAP+0.0100%8h85,211.2−0.046%$2.60B$12.26B100xas long as short
Ondo Perps BTC-USD.P+0.0100%1h85,239−0.013%$3.8M$17.4M25xas long as short
Arcus BTC-USD+0.0100%1h85,232−0.022%$4.7M$97.5M40xas long as short
Gate BTC_USDT+0.0100%8h85,208.6−0.049%$5.47B$11.14B200xas long as short
MEXC BTC_USDT+0.0100%8h85,212.1−0.045%$5.02B$5.77B500xas long as short
Backpack BTC_USDC_PERP+0.0100%1h85,238.3−0.014%$36.9M$189.0M75xas long as short
Variational Omni BTC+0.0100%8h85,136.5−0.134%$156.2M$549.1Mas long as short
edgeX BTCUSDC+0.0100%4h85,142.9−0.126%$282.3M$957.0M100xas long as short
GRVT BTC_USDT_Perp+0.0100%8h85,165.4−0.100%$213.7M$159.2M50xas long as short
StandX BTC-USD+0.0100%1h85,160.1−0.106%$30.0M$212.2M40xas long as short
Vest BTC-PERPshort+0.0100%1h85,276.9+0.031%$10.8M50x
Polymarket Perps BTC-USD+0.0100%1h85,210−0.047%$10.9M$15.0M50xas long as short
Bullet BTC-USD+0.0100%1h85,247.1−0.004%$197K$3.3M20xas long as short
Orderly PERP_BTC_USDC+0.0100%8h85,214.1−0.043%$2.6M$9.8M100xas long as short
Bluefin BTC-PERP+0.0100%1h85,244.2−0.007%$194K$796K40xas long as short
Derive BTC-PERP+0.0100%1h85,243.7−0.008%$29.3M$45.3M15xas long as short
SunX BTC-USDT+0.0100%8h85,176.7−0.086%$2.9M$6.1M100xas long as short
SoDEX BTC-USD+0.0100%1h85,209−0.049%$59.7M$336.6M40xas long as short
HTX BTC-USDTlong+0.0100%8h85,250.4long leg$2.25B$973.9M200x
Phemex BTCUSDT+0.0100%8h85,247−0.004%$159.0M$516.2M150xas long as short
Bulk BTC-USD+0.0100%1h85,240−0.012%$693.3M$214.1M40xas long as short
Extended BTC-USD+0.0104%1h85,180.9−0.081%$45.4M$241.1M50xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0056%1h85,215.2−0.041%$106.7M500xas long as short
Coinbase International BTC-PERP-INTX+0.0104%1h85,291.2+0.048%$111.7M$5.48B50xas long as short
Deribit BTC-PERPETUAL+0.0138%1h85,254.2+0.004%$840.0M$1.67B50xas long as short
Reya BTCRUSDPERP+0.0142%1h85,197.7−0.062%$6.6M$143.0M40xas long as short
Kalshi KXBTCPERP+0.0170%8h85,256+0.007%$12.2M$737.5M6.4xas long as short
RISEx BTC/USDC+0.0174%1h85,244.8−0.007%$8.8M$42.9M25xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0174% / S −0.0146%1h85,212.2−0.045%$13.0M200xas long as short
Hibachi BTC/USDT-P+0.0240%1h85,273.5+0.027%$679K$7.7M30xas long as short
Aftermath Perps BTCUSD+0.0289%1h85,238−0.015%$81K$254K20xas long as short
Perpl BTC+0.0447%43m85,237.4−0.015%$459K$18.4M6.7xas long as short