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−$14
spread now−0.001%7d average−0.009%fees + slippage, in and out−$15spread needed0.153%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BTC_USDT85,621.80.0091pay 0.0091% / 8h1h 32m$4.97B$4.73B500x
ShortSunX BTC-USDT85,6210.0100get 0.0100% / 8h1h 32m$3.3M$5.4M100x

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
−$0.09
Funding while held
$0.27
Slippage, 4 orders
−$1.25
Fee MEXC: 2 bp × 2 orders
−$4
Fee SunX: 5 bp × 2 orders
−$10
Net
−$15.08
Spread needed to break even
0.153%
Slippage from MEXC: live order book, 3 min ago; SunX: live order book, 12 min ago.

Cost of waiting

funding view
Funding /8h
+0.0009%
Per $10,000 a day
+$0.27
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 MEXC live order book, 3 min ago0.04 bp2.0 bp −$22.0 bp −$202.0 bp −$2042.2 bp −$1,122
Sell SunX live order book, 12 min ago0.29 bp5.6 bp −$66.9 bp −$698.9 bp −$89036.4 bp −$18.2K

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
Aftermath Perps BTCUSD−0.109%−0.0067%1h$85K$142K20xas long as short
Variational Omni BTC−0.078%+0.0100%8h$173.7M$466.2Mas long as short
Phoenix BTC−0.068%+0.0015%1h$1.6M$10.8M40xas long as short
Bulk BTC-USD−0.060%+0.0100%1h$535.4M$59.7M40xas long as short
Extended BTC-USD−0.031%+0.0104%1h$47.4M$201.7M50xas long as short
BloFin BTC-USDT−0.010%+0.0210%8h$420.6M$486.4M150xas long as short
Aevo BTC-PERP−0.009%+0.0088%1h$2.4M$1.7M20xas long as short
SoDEX BTC-USD−0.009%+0.0023%1h$61.3M$234.7M40xas long as short
Orderly PERP_BTC_USDC−0.005%+0.0100%8h$2.4M$6.8M100xas long as short
Binance BTCUSDT−0.005%+0.0090%8h$9.58B$19.85B150xas long as short
Show all 55 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Backpack BTC_USDC_PERP−0.005%+0.0100%1h$39.4M$100.3M75xas long as short
OKX BTC-USDT-SWAP−0.004%+0.0051%8h$2.58B$10.81B100xas long as short
BingX BTC-USDT−0.003%−0.0010%8h$1.30Bas long as short
Derive BTC-PERP−0.001%+0.0100%1h$28.6M$55.7M15xas long as short
SunX BTC-USDTshort−0.001%+0.0100%8h$3.3M$5.4M100x
MEXC BTC_USDTlong0.000%+0.0091%8h$4.97B$4.73B500x
HTX BTC-USDT+0.003%+0.0037%8h$2.29B$784.8M200xas long as short
Gate BTC_USDT+0.003%−0.0012%8h$6.07B$8.65B200xas long as short
KuCoin XBTUSDTM+0.004%+0.0064%8h$805.0M$581.2M125xas long as short
Bitget BTCUSDT+0.006%−0.0009%8h$2.97B$4.32B150xas long as short
Bybit BTCUSDT+0.007%+0.0100%8h$5.09B$7.91B150xas long as short
Lighter BTC+0.007%+0.0096%1h$179.5M$867.3M50xas long as short
Phemex BTCUSDT+0.010%−0.0011%8h$158.1M$377.1M150xas long as short
Kraken Futures PF_XBTUSD+0.015%+0.0042%1h$187.0M$758.4M100xas long as short
Lighter RH BTC+0.017%+0.0096%1h$25.5M$132.9M50xas long as short
Bullet BTC-USD+0.019%+0.0071%1h$247K$3.3M20xas long as short
gTrade (Gains Network) BTC/USD+0.024%L +0.0004% / S −0.0004%1h$36.6M200xas long as short
Reya BTCRUSDPERP+0.031%−0.0032%1h$6.8M$137.1M40xas long as short
Katana Perps BTC-USD+0.032%+0.0100%8h$197K$5.0M50xas long as short
GMX BTC/USD [WBTC.b-USDC]+0.032%L +0.0199% / S −0.0201%1h$13.2M200xas long as short
Arcus BTC-USD+0.033%+0.0100%1h$6.1M$77.8M40xas long as short
Bluefin BTC-PERP+0.034%−0.0663%1h$143K$401K40xas long as short
Perpl BTC+0.036%−0.0447%43m$398K$31.0M6.7xas long as short
01 Exchange BTCUSD+0.038%−0.0096%1h$281K$2.3M50xas long as short
Coinbase International BTC-PERP-INTX+0.040%+0.0112%1h$143.6M$6.16B50xas long as short
edgeX BTCUSDC+0.043%−0.0095%4h$285.1M$806.4M100xas long as short
Aster BTCUSDT+0.043%+0.0041%8h$489.3M$1.03B200xas long as short
Ondo Perps BTC-USD.P+0.043%+0.0100%1h$3.9M$15.6M25xas long as short
RISEx BTC/USDC+0.046%+0.0178%1h$8.6M$36.8M25xas long as short
Jupiter Perps WBTC-PERP+0.053%L +0.0104% / S +0.0048%1h$86.4M500xas long as short
Kalshi KXBTCPERP+0.056%+0.0100%8h$8.8M$509.8M6.4xas long as short
Popdex BTCUSDT+0.059%+0.0096%1h$8.4M$41.1M100xas long as short
Hotstuff BTC-PERP+0.060%−0.0080%1h$8K$3K50xas long as short
Polymarket Perps BTC-USD+0.066%+0.0100%1h$10.8M$10.7M50xas long as short
ApeX Omni BTCUSDT+0.074%−0.0056%1h$138.5M$316.6M100xas long as short
Deribit BTC-PERPETUAL+0.081%+0.0348%1h$853.8M$950.1M50xas long as short
Nado BTC-PERP+0.083%+0.0064%1h$24.1M$222.9M50xas long as short
dYdX BTC-USD+0.086%0.0000%1h$16.7M$14.7M50xas long as short
Pacifica BTC+0.098%+0.0100%1h$36.6M$317.3M50xas long as short
StandX BTC-USD+0.099%+0.0100%1h$30.6M$245.3M40xas long as short
Vest BTC-PERP+0.103%+0.0100%1h$13.1M50xas long as short
Paradex BTC-USD-PERP+0.114%+0.0082%8h$4.3M$6.5M50xas long as short
Hyperliquid BTC+0.115%+0.0130%1h$3.86B$4.11B40xas long as short
Hibachi BTC/USDT-P+0.139%+0.0096%1h$601K$7.2M30xas long as short
Injective BTC/USDC PERP+0.147%+0.0180%1h$308K$27.0M52xas long as short