Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%
Price spread now: SunX against OKX−0.083%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$210.212% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)+0.047%+$5 · spread now −0.083%, 7d avg −0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.071% cheaper against OKX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BTC-USDT-SWAP | 85,252.7 | 0.0100 | pay 0.0100% / 8h | 13m 03s | $2.60B | $12.26B | 100x |
| Short | SunX BTC-USDT | 85,182.1 | 0.0100 | get 0.0100% / 8h | 13m 03s | $2.9M | $6.1M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.083% → −0.012%
- −$7.07
- Slippage, 4 orders
- −$3.16
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$28.23
- Costs to cover
- 0.212%
- Break-even
- never at this rate
Slippage from OKX: live order book, 6 min ago; SunX: live order book, 6 min ago.
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, 6 min ago | 0.01 bp | 5.0 bp −$5 | 5.0 bp −$50 | 5.9 bp −$595 | 7.2 bp −$3,622 |
| Sell SunX live order book, 6 min ago | 1.32 bp | 5.3 bp −$5 | 5.8 bp −$58 | 7.6 bp −$755 | 16.5 bp −$8,228 |
BTC on 56 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,215 | −0.044% | $8K | $3K | 50x | as long as short |
| Phoenix BTC | −0.0034% | 1h | 85,263 | +0.012% | $2.3M | $10.8M | 40x | as long as short |
| BloFin BTC-USDT | −0.0020% | 8h | 85,264.5 | +0.014% | $421.4M | $686.8M | 150x | as long as short |
| KuCoin XBTUSDTM | −0.0012% | 8h | 85,256.2 | +0.004% | $927.6M | $777.9M | 125x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 85,290.7 | +0.045% | $343K | $2.3M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,281.6 | +0.034% | $36.5M | — | 200x | as long as short |
| Aster BTCUSDT | +0.0006% | 8h | 85,257 | +0.005% | $509.3M | $1.09B | 200x | as long as short |
| dYdX BTC-USD | +0.0017% | 1h | 85,277.8 | +0.029% | $16.7M | $21.0M | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0026% | 1h | 85,279.7 | +0.032% | $185.8M | $954.5M | 100x | as long as short |
| Deribit BTC-PERPETUAL | +0.0039% | 1h | 85,300.9 | +0.057% | $835.8M | $1.67B | 50x | as long as short |
Show all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BTC-USDT | +0.0064% | 8h | 85,253 | 0.000% | — | $1.58B | — | as long as short |
| Injective BTC/USDC PERP | +0.0067% | 1h | 85,200 | −0.062% | $310K | $25.7M | 52x | as long as short |
| Bybit BTCUSDT | +0.0081% | 8h | 85,252.7 | 0.000% | $5.09B | $10.04B | 150x | as long as short |
| Nado BTC-PERP | +0.0089% | 1h | 85,288.8 | +0.042% | $24.3M | $221.1M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0091% | 1h | 85,192.8 | −0.070% | $139.6M | $312.3M | 100x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,278.6 | +0.030% | $168.7M | $1.02B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,278.2 | +0.030% | $23.6M | $148.9M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,284 | +0.037% | $8.4M | $57.7M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,270.8 | +0.021% | $2.4M | $6.7M | 20x | as long as short |
| Bitget BTCUSDT | +0.0098% | 8h | 85,251.1 | −0.002% | $2.97B | $5.21B | 150x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,258 | +0.006% | $268K | $8.7M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,316.1 | +0.074% | $5.8M | $9.6M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,350 | +0.114% | $3.78B | $5.11B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,295.1 | +0.050% | $40.4M | $604.7M | 50x | as long as short |
| Binance BTCUSDT | +0.0100% | 8h | 85,255.4 | +0.003% | $9.39B | $25.17B | 150x | as long as short |
| OKX BTC-USDT-SWAPlong | +0.0100% | 8h | 85,252.7 | long leg | $2.60B | $12.26B | 100x | |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,280 | +0.032% | $3.8M | $17.4M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,288.7 | +0.042% | $4.7M | $97.5M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,260.7 | +0.009% | $5.49B | $11.16B | 200x | as long as short |
| MEXC BTC_USDT | +0.0100% | 8h | 85,263.9 | +0.013% | $5.02B | $5.77B | 500x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,252.7 | 0.000% | $36.8M | $190.1M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,180.5 | −0.085% | $155.7M | $548.1M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,184.8 | −0.080% | $282.5M | $959.6M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,188.8 | −0.075% | $213.8M | $159.8M | 50x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,210.2 | −0.050% | $30.0M | $212.8M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,349.4 | +0.113% | — | $10.6M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,287 | +0.040% | $10.9M | $15.0M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,287.7 | +0.041% | $196K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,281.7 | +0.034% | $2.6M | $9.8M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,309.3 | +0.066% | $194K | $796K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,291.5 | +0.045% | $28.9M | $45.1M | 15x | as long as short |
| SunX BTC-USDTshort | +0.0100% | 8h | 85,182.1 | −0.083% | $2.9M | $6.1M | 100x | |
| SoDEX BTC-USD | +0.0100% | 1h | 85,270 | +0.020% | $59.7M | $336.5M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,270 | +0.020% | $2.25B | $973.8M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,264.3 | +0.014% | $158.8M | $516.1M | 150x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,240 | −0.015% | $693.3M | $214.1M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,244.6 | −0.010% | $45.4M | $241.1M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,279 | +0.031% | — | $106.7M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,303.3 | +0.059% | $111.7M | $5.47B | 50x | as long as short |
| Reya BTCRUSDPERP | +0.0143% | 1h | 85,279.4 | +0.031% | $6.6M | $142.3M | 40x | as long as short |
| Kalshi KXBTCPERP | +0.0171% | 8h | 85,310 | +0.067% | $12.0M | $737.8M | 6.4x | as long as short |
| RISEx BTC/USDC | +0.0174% | 1h | 85,305.3 | +0.062% | $8.8M | $43.0M | 25x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0174% / S −0.0146% | 1h | 85,196.3 | −0.066% | $13.0M | — | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.0256% | 1h | 85,270.8 | +0.021% | $694K | $7.7M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0297% | 1h | 85,252.9 | 0.000% | $81K | $245K | 20x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,292.2 | +0.046% | $465K | $18.3M | 6.7x | as long as short |
OKX BTC-USDT-SWAP
SunX BTC-USDT
Phoenix BTC
BloFin BTC-USDT
KuCoin XBTUSDTM
01 Exchange BTCUSD
gTrade (Gains Network) BTC/USD
Aster BTCUSDT
Kraken Futures PF_XBTUSD
Deribit BTC-PERPETUAL
BingX BTC-USDT
Injective BTC/USDC PERP
Bybit BTCUSDT
ApeX Omni BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Bitget BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
Binance BTCUSDT
Gate BTC_USDT
MEXC BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
StandX BTC-USD
Polymarket Perps BTC-USD
Bullet BTC-USD
Bluefin BTC-PERP
Derive BTC-PERP
SoDEX BTC-USD
HTX BTC-USDT
Phemex BTCUSDT
Bulk BTC-USD
Extended BTC-USD
Coinbase International BTC-PERP-INTX
Kalshi KXBTCPERP
RISEx BTC/USDC
GMX BTC/USD [WBTC.b-USDC]
Aftermath Perps BTCUSD