After costs, if the gap returns to its 7d average, $10k−$18
spread now+0.023%7d average−0.016%fees + slippage, in and out−$22spread needed0.220%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BTC-USDT-SWAP | 85,985.4 | 0.0012 | pay 0.0012% / 8h | 6h 48m | $2.67B | $11.54B | 100x |
| Short | HTX BTC-USDT | 86,004.8 | 0.0100 | get 0.0100% / 8h | 6h 48m | $2.29B | $836.0M | 200x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $2.26
- Funding while held
- $2.65
- Slippage, 4 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$17.12
- Spread needed to break even
- 0.220%
Slippage from OKX: live order book, 2 min ago; HTX: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0088%
- Per $10,000 a day
- +$2.65
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 2 min ago | 0.01 bp | 5.0 bp −$5 | 5.0 bp −$50 | 6.0 bp −$604 | 7.3 bp −$3,644 |
| Sell HTX live order book, 2 min ago | 0.01 bp | 6.0 bp −$6 | 6.0 bp −$60 | 7.1 bp −$712 | 9.6 bp −$4,824 |
BTC price on every exchange
against the cheapest. Click to use as the short leg.BTC on 55 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bulk BTC-USD | −0.155% | −0.0012% | 1h | $560.3M | $139.6M | 40x | as long as short |
| edgeX BTCUSDC | −0.071% | +0.0100% | 4h | $278.9M | $884.3M | 100x | as long as short |
| Injective BTC/USDC PERP | −0.056% | −0.0019% | 1h | $308K | $27.0M | 52x | as long as short |
| Arcus BTC-USD | −0.033% | −0.0377% | 1h | $6.6M | $84.7M | 40x | as long as short |
| Binance BTCUSDT | 0.000% | +0.0031% | 8h | $9.51B | $21.97B | 150x | as long as short |
| OKX BTC-USDT-SWAPlong | 0.000% | +0.0012% | 8h | $2.67B | $11.54B | 100x | |
| Bybit BTCUSDT | +0.003% | +0.0017% | 8h | $5.25B | $8.57B | 150x | as long as short |
| Popdex BTCUSDT | +0.012% | +0.0048% | 1h | $8.5M | $46.4M | 100x | as long as short |
| Nado BTC-PERP | +0.016% | +0.0100% | 1h | $23.4M | $227.3M | 50x | as long as short |
| Extended BTC-USD | +0.018% | −0.0032% | 1h | $48.7M | $199.1M | 50x | as long as short |
Show all 55 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter RH BTC | +0.018% | +0.0096% | 1h | $24.6M | $134.9M | 50x | as long as short |
| Lighter BTC | +0.019% | +0.0096% | 1h | $172.2M | $933.1M | 50x | as long as short |
| Bitget BTCUSDT | +0.020% | −0.0005% | 8h | $2.96B | $4.69B | 150x | as long as short |
| SoDEX BTC-USD | +0.020% | −0.0024% | 1h | $60.9M | $284.0M | 40x | as long as short |
| Phemex BTCUSDT | +0.022% | −0.0091% | 8h | $148.0M | $413.7M | 150x | as long as short |
| HTX BTC-USDTshort | +0.023% | +0.0100% | 8h | $2.29B | $836.0M | 200x | |
| Bullet BTC-USD | +0.025% | +0.0088% | 1h | $230K | $3.3M | 20x | as long as short |
| BloFin BTC-USDT | +0.026% | −0.0088% | 8h | $424.7M | $565.1M | 150x | as long as short |
| SunX BTC-USDT | +0.027% | +0.0100% | 8h | $3.3M | $5.7M | 100x | as long as short |
| Katana Perps BTC-USD | +0.027% | +0.0100% | 8h | $214K | $5.6M | 50x | as long as short |
| Aster BTCUSDT | +0.029% | +0.0022% | 8h | $505.2M | $1.11B | 200x | as long as short |
| KuCoin XBTUSDTM | +0.029% | +0.0004% | 8h | $792.4M | $611.8M | 125x | as long as short |
| Aevo BTC-PERP | +0.029% | +0.0032% | 1h | $2.4M | $1.3M | 20x | as long as short |
| Ondo Perps BTC-USD.P | +0.030% | +0.0100% | 1h | $4.0M | $16.6M | 25x | as long as short |
| Gate BTC_USDT | +0.032% | +0.0041% | 8h | $6.07B | $9.46B | 200x | as long as short |
| Reya BTCRUSDPERP | +0.034% | −0.0018% | 1h | $6.8M | $138.1M | 40x | as long as short |
| Deribit BTC-PERPETUAL | +0.035% | 0.0000% | 1h | $913.2M | $1.11B | 50x | as long as short |
| Derive BTC-PERP | +0.038% | +0.0069% | 1h | $30.4M | $59.9M | 15x | as long as short |
| MEXC BTC_USDT | +0.040% | +0.0032% | 8h | $5.19B | $5.08B | 500x | as long as short |
| BingX BTC-USDC | +0.043% | −0.0004% | 8h | — | $14.8M | — | as long as short |
| RISEx BTC/USDC | +0.046% | +0.0040% | 1h | $9.2M | $38.7M | 25x | as long as short |
| Aftermath Perps BTCUSD | +0.046% | +0.0105% | 1h | $87K | $150K | 20x | as long as short |
| 01 Exchange BTCUSD | +0.046% | −0.0056% | 1h | $294K | $2.4M | 50x | as long as short |
| Backpack BTC_USDC_PERP | +0.047% | +0.0100% | 1h | $37.5M | $123.8M | 75x | as long as short |
| Orderly PERP_BTC_USDC | +0.049% | +0.0100% | 8h | $2.4M | $7.3M | 100x | as long as short |
| Polymarket Perps BTC-USD | +0.051% | +0.0100% | 1h | $11.0M | $11.6M | 50x | as long as short |
| Pacifica BTC | +0.053% | +0.0100% | 1h | $36.7M | $391.3M | 50x | as long as short |
| dYdX BTC-USD | +0.059% | −0.0047% | 1h | $17.3M | $17.9M | 50x | as long as short |
| Perpl BTC | +0.060% | −0.0223% | 43m | $406K | $27.0M | 6.7x | as long as short |
| Variational Omni BTC | +0.062% | +0.0078% | 8h | $171.2M | $507.9M | — | as long as short |
| Paradex BTC-USD-PERP | +0.070% | +0.0094% | 8h | $4.4M | $6.8M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | +0.071% | L +0.0104% / S +0.0048% | 1h | — | $85.5M | 500x | as long as short |
| Bluefin BTC-PERP | +0.073% | −0.3219% | 1h | $143K | $411K | 40x | as long as short |
| ApeX Omni BTCUSDT | +0.074% | +0.0100% | 1h | $139.7M | $318.7M | 100x | as long as short |
| Hotstuff BTC-PERP | +0.076% | −0.0080% | 1h | $9K | $4K | 50x | as long as short |
| Phoenix BTC | +0.079% | −0.0096% | 1h | $1.9M | $11.0M | 40x | as long as short |
| Kraken Futures PF_XBTUSD | +0.080% | −0.0073% | 1h | $189.3M | $812.3M | 100x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | +0.083% | L +0.0172% / S −0.0153% | 1h | $12.7M | — | 200x | as long as short |
| StandX BTC-USD | +0.090% | +0.0084% | 1h | $30.6M | $227.1M | 40x | as long as short |
| Kalshi KXBTCPERP | +0.090% | +0.0106% | 8h | $14.2M | $621.9M | 6.4x | as long as short |
| Vest BTC-PERP | +0.090% | +0.0100% | 1h | — | $11.7M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | +0.091% | L +0.0005% / S −0.0004% | 1h | $36.8M | — | 200x | as long as short |
| Hyperliquid BTC | +0.132% | +0.0142% | 1h | $3.90B | $4.38B | 40x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.140% | +0.0184% | 1h | $128.1M | $5.99B | 50x | as long as short |
| Hibachi BTC/USDT-P | +0.148% | +0.0112% | 1h | $765K | $7.4M | 30x | as long as short |
OKX BTC-USDT-SWAP
HTX BTC-USDT
Bulk
Injective
Binance
Bybit
Popdex
Extended
Lighter RH
Lighter
Bitget
SoDEX
Phemex
Bullet
BloFin
SunX
Katana Perps
Aster
KuCoin
Gate
Deribit
Derive
MEXC
BingX
RISEx
Backpack
Polymarket Perps
Pacifica
Variational Omni
Paradex
Bluefin
ApeX Omni
Phoenix
Kraken Futures
GMX
StandX
gTrade (Gains Network)
Hyperliquid
Coinbase International