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−$36
spread now−0.073%7d average+0.032%fees + slippage, in and out−$25spread needed0.251%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BTC-USDT86,224.20.0056pay 0.0056% / 8h47m 15s$2.31B$820.5M200x
Short01 Exchange BTCUSD86,161−0.0088pay 0.0011% / 1h47m 15s$282K$2.4M50x

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
−$7.33
Funding while held
−$4.33
Slippage, 4 orders
−$6.11
Fee HTX: 6 bp × 2 orders
−$12
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$36.77
Spread needed to break even
0.251%
Slippage from HTX: live order book, 3 min ago; 01 Exchange: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
−0.0144%
Per $10,000 a day
$4.33
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 HTX live order book, 3 min ago0.01 bp6.0 bp −$66.0 bp −$606.2 bp −$61710.5 bp −$5,247
Sell 01 Exchange live order book, 3 min ago0.01 bp6.3 bp −$613.9 bp −$139doesn't fitdoesn't fit

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
Bulk BTC-USD−0.317%+0.0100%1h$541.8M$78.7M40xas long as short
Variational Omni BTC−0.141%+0.0100%8h$172.0M$502.1Mas long as short
Perpl BTC−0.133%−0.0223%43m$445K$30.1M6.7xas long as short
dYdX BTC-USD−0.132%0.0000%1h$16.9M$16.4M50xas long as short
Katana Perps BTC-USD−0.128%+0.0100%8h$190K$5.4M50xas long as short
Aftermath Perps BTCUSD−0.122%−0.0078%1h$87K$154K20xas long as short
Pacifica BTC−0.121%+0.0100%1h$37.1M$342.8M50xas long as short
Backpack BTC_USDC_PERP−0.109%+0.0100%1h$39.3M$103.5M75xas long as short
KuCoin XBTUSDTM−0.109%+0.0050%8h$792.1M$614.6M125xas long as short
Phoenix BTC−0.106%−0.0086%1h$2.0M$10.8M40xas long as short
Show all 55 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Ondo Perps BTC-USD.P−0.105%+0.0100%1h$3.9M$16.2M25xas long as short
SoDEX BTC-USD−0.099%+0.0078%1h$61.1M$283.2M40xas long as short
Popdex BTCUSDT−0.095%+0.0096%1h$8.5M$44.6M100xas long as short
Arcus BTC-USD−0.092%+0.0100%1h$5.4M$81.6M40xas long as short
Paradex BTC-USD-PERP−0.091%+0.0082%8h$4.4M$6.6M50xas long as short
Hotstuff BTC-PERP−0.087%−0.0080%1h$9K$3K50xas long as short
Jupiter Perps WBTC-PERP−0.086%L +0.0104% / S +0.0048%1h$87.9M500xas long as short
01 Exchange BTCUSDshort−0.073%−0.0088%1h$282K$2.4M50x
RISEx BTC/USDC−0.069%+0.0128%1h$8.5M$38.6M25xas long as short
StandX BTC-USD−0.057%+0.0100%1h$30.7M$238.8M40xas long as short
Kalshi KXBTCPERP−0.034%+0.0109%8h$10.2M$554.2M6.4xas long as short
Gate BTC_USDT−0.016%−0.0009%8h$6.15B$9.20B200xas long as short
BingX BTC-USDC−0.016%−0.0007%8h$14.8Mas long as short
Extended BTC-USD−0.009%+0.0104%1h$48.3M$207.8M50xas long as short
Reya BTCRUSDPERP−0.008%−0.0024%1h$6.7M$137.5M40xas long as short
Nado BTC-PERP−0.006%+0.0100%1h$23.7M$230.2M50xas long as short
Polymarket Perps BTC-USD−0.005%+0.0100%1h$11.0M$11.5M50xas long as short
MEXC BTC_USDT−0.005%+0.0079%8h$5.01B$4.97B500xas long as short
BloFin BTC-USDT−0.004%0.0000%8h$427.3M$537.1M150xas long as short
HTX BTC-USDTlong0.000%+0.0056%8h$2.31B$820.5M200x
Bullet BTC-USD+0.005%+0.0100%1h$245K$3.3M20xas long as short
edgeX BTCUSDC+0.009%−0.0091%4h$278.7M$860.1M100xas long as short
Bitget BTCUSDT+0.010%−0.0005%8h$2.96B$4.61B150xas long as short
Phemex BTCUSDT+0.010%−0.0020%8h$157.9M$396.0M150xas long as short
Aevo BTC-PERP+0.010%+0.0080%1h$2.4M$1.6M20xas long as short
ApeX Omni BTCUSDT+0.013%+0.0002%1h$139.3M$318.5M100xas long as short
SunX BTC-USDT+0.017%+0.0100%8h$3.4M$5.9M100xas long as short
Aster BTCUSDT+0.018%+0.0048%8h$490.0M$1.11B200xas long as short
OKX BTC-USDT-SWAP+0.018%+0.0035%8h$2.62B$11.49B100xas long as short
Lighter BTC+0.021%+0.0096%1h$172.0M$909.6M50xas long as short
Orderly PERP_BTC_USDC+0.022%+0.0100%8h$2.4M$7.1M100xas long as short
Binance BTCUSDT+0.024%+0.0079%8h$9.62B$21.29B150xas long as short
GMX BTC/USD [WBTC.b-USDC]+0.026%L +0.0174% / S −0.0150%1h$12.4M200xas long as short
Lighter RH BTC+0.027%+0.0096%1h$25.0M$136.3M50xas long as short
Bybit BTCUSDT+0.028%+0.0100%8h$5.16B$8.37B150xas long as short
Derive BTC-PERP+0.034%+0.0100%1h$30.3M$58.2M15xas long as short
Vest BTC-PERP+0.037%+0.0100%1h$12.6M50xas long as short
gTrade (Gains Network) BTC/USD+0.038%L +0.0005% / S −0.0004%1h$36.9M200xas long as short
Kraken Futures PF_XBTUSD+0.045%+0.0071%1h$184.0M$802.3M100xas long as short
Bluefin BTC-PERP+0.054%+0.0100%1h$144K$405K40xas long as short
Hyperliquid BTC+0.061%+0.0309%1h$3.93B$4.32B40xas long as short
Coinbase International BTC-PERP-INTX+0.084%+0.0104%1h$150.8M$6.25B50xas long as short
Hibachi BTC/USDT-P+0.091%+0.0144%1h$627K$7.3M30xas long as short
Deribit BTC-PERPETUAL+0.102%+0.0314%1h$882.7M$1.03B50xas long as short
Injective BTC/USDC PERP+0.129%+0.0108%1h$305K$27.0M52xas long as short