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−$32
spread now−0.068%7d average−0.001%fees + slippage, in and out−$25spread needed0.249%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XBTUSDTM85,685.80.0063pay 0.0063% / 8h1h 27m$791.1M$587.4M125x
ShortBloFin BTC-USDT85,627.60.0209get 0.0209% / 8h1h 27m$421.1M$488.8M150x

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
−$6.79
Funding while held
$4.38
Slippage, 4 orders
−$0.9
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$27.32
Spread needed to break even
0.249%
Slippage from KuCoin: live order book, 8 min ago; BloFin: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
+0.0146%
Per $10,000 a day
+$4.38
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 KuCoin live order book, 8 min ago0.01 bp6.8 bp −$78.3 bp −$8310.5 bp −$1,046doesn't fit
Sell BloFin live order book, 3 min ago0.02 bp6.0 bp −$66.1 bp −$616.4 bp −$6417.5 bp −$3,766

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−0.135%+0.0100%1h$535.4M$59.7M40xas long as short
StandX BTC-USD−0.092%+0.0100%1h$30.6M$244.8M40xas long as short
BloFin BTC-USDTshort−0.068%+0.0209%8h$421.1M$488.8M150x
Jupiter Perps WBTC-PERP−0.066%L +0.0104% / S +0.0048%1h$86.9M500xas long as short
Arcus BTC-USD−0.065%+0.0100%1h$6.0M$77.9M40xas long as short
Aftermath Perps BTCUSD−0.062%−0.0080%1h$86K$143K20xas long as short
Backpack BTC_USDC_PERP−0.062%+0.0100%1h$39.3M$100.7M75xas long as short
01 Exchange BTCUSD−0.056%−0.0104%1h$284K$2.3M50xas long as short
Katana Perps BTC-USD−0.052%+0.0100%8h$198K$5.0M50xas long as short
edgeX BTCUSDC−0.042%−0.0112%4h$285.2M$811.1M100xas long as short
Show all 55 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Hotstuff BTC-PERP−0.038%−0.0080%1h$8K$3K50xas long as short
Nado BTC-PERP−0.037%+0.0074%1h$23.6M$224.3M50xas long as short
Hibachi BTC/USDT-P−0.036%+0.0072%1h$615K$7.2M30xas long as short
Perpl BTC−0.025%−0.0447%43m$385K$30.9M6.7xas long as short
Reya BTCRUSDPERP−0.023%−0.0030%1h$6.8M$137.2M40xas long as short
Extended BTC-USD−0.019%+0.0104%1h$47.5M$201.9M50xas long as short
RISEx BTC/USDC−0.017%+0.0178%1h$8.5M$37.1M25xas long as short
Ondo Perps BTC-USD.P−0.016%+0.0100%1h$3.9M$15.6M25xas long as short
HTX BTC-USDT−0.009%+0.0039%8h$2.29B$787.5M200xas long as short
Paradex BTC-USD-PERP−0.008%+0.0082%8h$4.3M$6.5M50xas long as short
Popdex BTCUSDT−0.007%+0.0088%1h$8.4M$41.4M100xas long as short
dYdX BTC-USD−0.006%0.0000%1h$16.7M$14.7M50xas long as short
Pacifica BTC−0.004%+0.0100%1h$36.8M$323.4M50xas long as short
KuCoin XBTUSDTMlong0.000%+0.0063%8h$791.1M$587.4M125x
Aevo BTC-PERP0.000%+0.0080%1h$2.4M$1.6M20xas long as short
Bullet BTC-USD+0.009%+0.0065%1h$247K$3.3M20xas long as short
Orderly PERP_BTC_USDC+0.010%+0.0100%8h$2.4M$6.8M100xas long as short
Aster BTCUSDT+0.010%+0.0038%8h$488.0M$1.03B200xas long as short
Variational Omni BTC+0.012%+0.0100%8h$174.8M$467.7Mas long as short
MEXC BTC_USDT+0.013%+0.0088%8h$4.97B$4.75B500xas long as short
Phemex BTCUSDT+0.013%−0.0012%8h$158.1M$379.6M150xas long as short
Gate BTC_USDT+0.014%−0.0011%8h$6.09B$8.70B200xas long as short
OKX BTC-USDT-SWAP+0.015%+0.0048%8h$2.59B$10.85B100xas long as short
Lighter RH BTC+0.016%+0.0096%1h$25.3M$134.0M50xas long as short
Binance BTCUSDT+0.016%+0.0087%8h$9.60B$19.95B150xas long as short
Polymarket Perps BTC-USD+0.017%+0.0100%1h$10.8M$10.8M50xas long as short
SoDEX BTC-USD+0.017%+0.0021%1h$61.0M$258.6M40xas long as short
Bitget BTCUSDT+0.017%−0.0009%8h$2.97B$4.34B150xas long as short
Lighter BTC+0.018%+0.0096%1h$179.7M$872.0M50xas long as short
SunX BTC-USDT+0.018%+0.0100%8h$3.3M$5.4M100xas long as short
BingX BTC-USDT+0.019%−0.0009%8h$1.31Bas long as short
Kalshi KXBTCPERP+0.022%0.0000%8h$9.1M$515.8M6.4xas long as short
Derive BTC-PERP+0.025%+0.0100%1h$28.9M$56.7M15xas long as short
GMX BTC/USD [WBTC.b-USDC]+0.029%L +0.0199% / S −0.0203%1h$13.3M200xas long as short
Coinbase International BTC-PERP-INTX+0.032%+0.0112%1h$144.6M$6.18B50xas long as short
Vest BTC-PERP+0.033%+0.0100%1h$13.1M50xas long as short
Bybit BTCUSDT+0.033%+0.0100%8h$5.11B$7.95B150xas long as short
gTrade (Gains Network) BTC/USD+0.034%L +0.0005% / S −0.0004%1h$36.7M200xas long as short
Bluefin BTC-PERP+0.038%−0.0431%1h$143K$401K40xas long as short
Kraken Futures PF_XBTUSD+0.038%+0.0042%1h$187.1M$762.8M100xas long as short
ApeX Omni BTCUSDT+0.052%−0.0036%1h$138.4M$317.0M100xas long as short
Injective BTC/USDC PERP+0.073%+0.0180%1h$308K$27.0M52xas long as short
Phoenix BTC+0.074%+0.0015%1h$1.6M$10.8M40xas long as short
Hyperliquid BTC+0.099%+0.0135%1h$3.85B$4.13B40xas long as short
Deribit BTC-PERPETUAL+0.111%+0.0417%1h$858.9M$959.7M50xas long as short