Funding you earn now, next payment 02:00 UTC+0.0007%/8h= +0.8% APRpaid last 24h −0.001%
Price spread now: HTX against RISEx−0.030%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$190.189% of the position
Funding, last 3 days (all we have)−0.024%−$2 on $10k
+Price spread, last 3 days (all we have)−0.012%−$1 · spread now −0.030%, 7d avg −0.033%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx BTC/USDC | 85,679.4 | 0.0044 | pay 0.0006% / 1h | 13m 56s | $8.2M | $42.1M | 25x |
| Short | HTX BTC-USDT | 85,653.8 | 0.0052 | get 0.0052% / 8h | 6h 13m | $2.27B | $947.8M | 200x |
RISEx BTC/USDC
HTX BTC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against RISEx. 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
- $1.57
- Price spread: −0.030% → −0.033%
- $0.32
- Slippage, 4 orders
- −$0.94
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$17.04
- Costs to cover
- 0.189%
- Break-even
- 82.8 days
Slippage from RISEx: live order book, 5 min ago; HTX: live order book, 5 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 RISEx live order book, 5 min ago | 0.01 bp | 3.0 bp −$3 | 3.0 bp −$30 | 11.3 bp −$1,130 | doesn't fit |
| Sell HTX live order book, 5 min ago | 0.01 bp | 6.0 bp −$6 | 6.0 bp −$60 | 6.5 bp −$651 | 9.6 bp −$4,801 |
BTC on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0144% | 1h | 85,649 | −0.036% | $2.2M | $10.5M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,677 | −0.003% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0064% | 1h | 85,647 | −0.038% | $361K | $2.3M | 50x | as long as short |
| dYdX BTC-USD | +0.0002% | 1h | 85,649.4 | −0.035% | $16.8M | $21.0M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,678.7 | −0.001% | $36.7M | — | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0020% | 1h | 85,691 | +0.014% | $340K | $26.9M | 52x | as long as short |
| KuCoin XBTUSDTM | +0.0030% | 8h | 85,679.4 | 0.000% | $900.9M | $753.3M | 125x | as long as short |
| Aster BTCUSDT | +0.0031% | 8h | 85,685.3 | +0.007% | $516.1M | $1.14B | 200x | as long as short |
| Nado BTC-PERP | +0.0040% | 1h | 85,657.1 | −0.026% | $22.6M | $227.5M | 50x | as long as short |
| RISEx BTC/USDClong | +0.0044% | 1h | 85,679.4 | long leg | $8.2M | $42.1M | 25x |
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
Injective BTC/USDC PERP
KuCoin XBTUSDTM
Aster BTCUSDT
Nado BTC-PERPShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BTC-USDTshort | +0.0052% | 8h | 85,653.8 | −0.030% | $2.27B | $947.8M | 200x | |
| BingX BTC-USDC | +0.0055% | 8h | 85,676.7 | −0.003% | — | $17.1M | — | as long as short |
| Reya BTCRUSDPERP | +0.0060% | 1h | 85,653.7 | −0.030% | $6.7M | $146.3M | 40x | as long as short |
| Bitget BTCUSDT | +0.0070% | 8h | 85,692 | +0.015% | $2.95B | $5.08B | 150x | as long as short |
| SunX BTC-USDT | +0.0088% | 8h | 85,635.2 | −0.052% | $2.9M | $6.6M | 100x | as long as short |
| Aevo BTC-PERP | +0.0088% | 1h | 85,661.9 | −0.020% | $2.5M | $1.8M | 20x | as long as short |
| Binance BTCUSDT | +0.0089% | 8h | 85,694.9 | +0.018% | $9.33B | $24.28B | 150x | as long as short |
| MEXC BTC_USDT | +0.0089% | 8h | 85,696.4 | +0.020% | $5.09B | $5.75B | 500x | as long as short |
| ApeX Omni BTCUSDT | +0.0091% | 1h | 85,637.3 | −0.049% | $140.0M | $318.1M | 100x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,690.5 | +0.013% | $170.5M | $993.2M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,694.3 | +0.017% | $23.5M | $147.8M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,654 | −0.030% | $8.4M | $51.9M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,624 | −0.065% | $203K | $7.6M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,693.8 | +0.017% | $3.8M | $8.4M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,760 | +0.094% | $3.76B | $4.99B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,686 | +0.008% | $40.8M | $571.9M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,703.8 | +0.028% | $5.31B | $9.75B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,700.1 | +0.024% | $2.55B | $12.34B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,652 | −0.032% | $3.9M | $18.3M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,624.7 | −0.064% | $7.2M | $97.4M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,698.9 | +0.023% | $5.59B | $10.58B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,682.1 | +0.003% | $35.4M | $166.6M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,650.8 | −0.033% | $156.5M | $556.1M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,614.3 | −0.076% | $278.4M | $941.4M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,656.6 | −0.027% | $214.9M | $164.7M | 50x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,633 | −0.054% | $30.3M | $208.7M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,709.4 | +0.035% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,658 | −0.025% | $11.0M | $14.2M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,670 | −0.011% | $188K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,671.5 | −0.009% | $2.4M | $9.1M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,696.9 | +0.020% | $186K | $711K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,673.1 | −0.007% | $30.0M | $55.9M | 15x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,688 | +0.010% | $60.0M | $336.9M | 40x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,687.9 | +0.010% | $153.0M | $481.3M | 150x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,673.6 | −0.007% | $597.8M | $234.3M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,675 | −0.005% | $44.0M | $227.8M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,667.7 | −0.014% | — | $101.8M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,719 | +0.046% | $131.5M | $5.16B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0146% | 1h | 85,709.5 | +0.035% | $187.9M | $964.2M | 100x | as long as short |
| Hibachi BTC/USDT-P | +0.0152% | 1h | 85,677.3 | −0.002% | $680K | $7.8M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0172% | 1h | 85,692.6 | +0.015% | $78K | $219K | 20x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0203% / S −0.0187% | 1h | 85,672.9 | −0.008% | $13.6M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0211% | 8h | 85,690 | +0.012% | $10.3M | $770.7M | 6.4x | as long as short |
| Deribit BTC-PERPETUAL | +0.0250% | 1h | 85,735.7 | +0.066% | $894.8M | $1.54B | 50x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,677 | −0.003% | $513K | $20.4M | 6.7x | as long as short |
BingX BTC-USDC
Reya BTCRUSDPERP
Bitget BTCUSDT
SunX BTC-USDT
Aevo BTC-PERP
Binance BTCUSDT
MEXC BTC_USDT
ApeX Omni BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Gate BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
Derive BTC-PERP
SoDEX BTC-USD
Phemex BTCUSDT
Bulk BTC-USD
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
Deribit BTC-PERPETUAL
Perpl BTC