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

BTC

all BTC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0007%/8h= −0.8% APRpaid last 24h −0.001%
Price spread now: Aevo against MEXC+0.005%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$270.270% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.085%−$9 · spread now +0.005%, 7d avg −0.014%
Together, before fees−0.088%−$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BTC_USDT85,691.80.0087pay 0.0087% / 8h5h 07m$5.07B$5.65B500x
ShortAevo BTC-PERP85,696.40.0080get 0.0010% / 1h7m 18s$2.5M$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against MEXC. 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
−$1.47
Price spread: +0.005% → −0.014%
$1.92
Slippage, 4 orders
−$7.04
Fee MEXC: 2 bp × 2 orders
−$4
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$26.59
Costs to cover
0.270%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; Aevo: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 2 min ago0.01 bp2.0 bp −$22.0 bp −$202.4 bp −$2374.1 bp −$2,054
Sell Aevo live order book, 2 min ago3.32 bp11.7 bp −$1218.1 bp −$181doesn't fitdoesn't fit

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
Bluefin BTC-PERP−0.0510%1h85,740.8+0.057%$197K$722K40xas long as short
Phoenix BTC−0.0160%1h85,805+0.132%$2.2M$10.3M40xas long as short
Hotstuff BTC-PERP−0.0080%1h85,707+0.018%$8K$3K50xas long as short
01 Exchange BTCUSD−0.0040%1h85,694.4+0.003%$369K$2.3M50xas long as short
BloFin BTC-USDT−0.0032%8h85,764.5+0.085%$415.9M$666.1M150xas long as short
dYdX BTC-USD0.0000%1h85,713.3+0.025%$16.7M$21.2M50xas long as short
KuCoin XBTUSDTM+0.0003%8h85,673.4−0.022%$919.3M$751.5M125xas long as short
gTrade (Gains Network) BTC/USDL +0.0004% / S −0.0004%1h85,717.2+0.030%$36.6M200xas long as short
Nado BTC-PERP+0.0016%1h85,692.8+0.001%$22.6M$219.5M50xas long as short
Aster BTCUSDT+0.0018%8h85,695.7+0.005%$516.4M$1.10B200xas long as short
Show all 56 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BTC-USDT+0.0058%8h85,708.6+0.020%$1.53Bas long as short
Bitget BTCUSDT+0.0072%8h85,703.6+0.014%$2.96B$5.01B150xas long as short
Reya BTCRUSDPERP+0.0073%1h85,690.1−0.002%$6.7M$146.5M40xas long as short
Injective BTC/USDC PERP+0.0079%1h85,807+0.134%$341K$26.9M52xas long as short
Aevo BTC-PERPshort+0.0080%1h85,696.4+0.005%$2.5M$1.7M20x
MEXC BTC_USDTlong+0.0087%8h85,691.8long leg$5.07B$5.65B500x
Binance BTCUSDT+0.0088%8h85,702.6+0.013%$9.35B$23.92B150xas long as short
Phemex BTCUSDT+0.0090%8h85,729.2+0.044%$149.2M$480.4M150xas long as short
HTX BTC-USDT+0.0092%8h85,730.4+0.045%$2.27B$936.9M200xas long as short
SoDEX BTC-USD+0.0092%1h85,687−0.006%$60.0M$336.2M40xas long as short
Lighter BTC+0.0096%1h85,699.8+0.009%$174.6M$1.01B50xas long as short
Lighter RH BTC+0.0096%1h85,694.5+0.003%$23.9M$149.6M50xas long as short
Popdex BTCUSDT+0.0096%1h85,693+0.001%$8.4M$52.3M100xas long as short
Paradex BTC-USD-PERP+0.0100%8h85,736.6+0.052%$3.8M$8.3M50xas long as short
Katana Perps BTC-USD+0.0100%8h85,665−0.031%$199K$7.8M50xas long as short
Hyperliquid BTC+0.0100%1h85,764+0.084%$3.75B$4.96B40xas long as short
Pacifica BTC+0.0100%1h85,716.1+0.028%$40.1M$576.5M50xas long as short
Bybit BTCUSDT+0.0100%8h85,709.1+0.020%$5.33B$9.57B150xas long as short
OKX BTC-USDT-SWAP+0.0100%8h85,713.9+0.026%$2.58B$12.11B100xas long as short
Ondo Perps BTC-USD.P+0.0100%1h85,671−0.024%$3.9M$18.0M25xas long as short
Arcus BTC-USD+0.0100%1h85,671.3−0.024%$6.8M$97.6M40xas long as short
Bulk BTC-USD+0.0100%1h85,800.8+0.127%$635.6M$478.1M40xas long as short
Gate BTC_USDT+0.0100%8h85,712.1+0.024%$5.55B$10.57B200xas long as short
Backpack BTC_USDC_PERP+0.0100%1h85,706.4+0.017%$35.2M$173.5M75xas long as short
Variational Omni BTC+0.0100%8h85,777.2+0.100%$157.4M$555.4Mas long as short
edgeX BTCUSDC+0.0100%4h85,776.1+0.098%$280.2M$917.0M100xas long as short
GRVT BTC_USDT_Perp+0.0100%8h85,772.7+0.094%$215.4M$165.7M50xas long as short
ApeX Omni BTCUSDT+0.0100%1h85,779.4+0.102%$140.2M$314.8M100xas long as short
StandX BTC-USD+0.0100%1h85,714.7+0.027%$30.3M$208.6M40xas long as short
Vest BTC-PERP+0.0100%1h85,745+0.062%$11.8M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h85,694+0.003%$11.1M$14.2M50xas long as short
Bullet BTC-USD+0.0100%1h85,703.1+0.013%$192K$3.3M20xas long as short
Orderly PERP_BTC_USDC+0.0100%8h85,700+0.010%$2.4M$8.8M100xas long as short
Derive BTC-PERP+0.0100%1h85,693.6+0.002%$30.0M$51.0M15xas long as short
SunX BTC-USDT+0.0100%8h85,682.5−0.011%$2.9M$6.1M100xas long as short
Extended BTC-USD+0.0104%1h85,672−0.023%$44.3M$226.7M50xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0056%1h85,693.9+0.002%$106.1M500xas long as short
Coinbase International BTC-PERP-INTX+0.0112%1h85,715.5+0.028%$123.5M$5.11B50xas long as short
RISEx BTC/USDC+0.0120%1h85,725+0.039%$8.4M$42.3M25xas long as short
Kraken Futures PF_XBTUSD+0.0138%1h85,710.9+0.022%$189.2M$953.1M100xas long as short
Deribit BTC-PERPETUAL+0.0153%1h85,732.8+0.048%$891.5M$1.53B50xas long as short
Hibachi BTC/USDT-P+0.0192%1h85,753.2+0.072%$703K$7.8M30xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0202% / S −0.0177%1h85,708.2+0.019%$13.5M200xas long as short
Aftermath Perps BTCUSD+0.0206%1h85,772+0.094%$78K$219K20xas long as short
Kalshi KXBTCPERP+0.0220%8h85,764+0.084%$10.6M$758.6M6.4xas long as short
Perpl BTC+0.0447%43m85,719.3+0.032%$501K$19.2M6.7xas long as short