Funding you earn now, next payment 07:00 UTC−0.0093%/8h= −10.2% APRpaid last 24h +0.001%
Price spread now: Paradex against RISEx+0.029%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$130.133% of the position
Funding, last 4 days (all we have)+0.011%+$1 on $10k
+Price spread, last 7 days−0.061%−$6 · spread now +0.029%, 7d avg +0.002%
=Together, before fees−0.050%+ Points / potential airdropParadex: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Paradex is 0.027% dearer against RISEx than usual: you sell high and buy low (spread +0.029% now, against its 7-day average of +0.002%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 23 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx BTC/USDC | 85,302 | 0.0193 | pay 0.0024% / 1h | 42m 07s | $8.7M | $43.1M | 25x |
| Short | Paradex BTC-USD-PERP | 85,326.5 | 0.0100 | get 0.0100% / 8h | 1h 42m | $5.8M | $9.6M | 50x |
RISEx BTC/USDC
Paradex BTC-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$19.5
- Price spread: +0.029% → +0.002%
- $2.65
- Slippage, 4 orders
- −$3.29
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$30.14
- Costs to cover
- 0.133%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 2 min ago; Paradex: live order book, 2 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, 2 min ago | 0.01 bp | 3.0 bp −$3 | 3.0 bp −$30 | 11.0 bp −$1,102 | doesn't fit |
| Sell Paradex live order book, 2 min ago | 1.08 bp | 3.1 bp −$3 | 3.1 bp −$31 | 172.6 bp −$17.3K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0082% | 1h | 85,262 | −0.047% | $2.1M | $10.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,304 | +0.002% | $8K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0048% | 8h | 85,283.4 | −0.022% | $927.9M | $773.6M | 125x | as long as short |
| BloFin BTC-USDT | −0.0027% | 8h | 85,312.1 | +0.012% | $421.5M | $684.3M | 150x | as long as short |
| Aster BTCUSDT | −0.0012% | 8h | 85,276.7 | −0.030% | $512.5M | $1.09B | 200x | as long as short |
| dYdX BTC-USD | 0.0000% | 1h | 85,277 | −0.029% | $16.7M | $21.5M | 50x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 85,301.5 | −0.001% | $354K | $2.4M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 85,278.9 | −0.027% | $533K | $18.3M | 6.7x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,305.1 | +0.004% | $36.5M | — | 200x | as long as short |
| ApeX Omni BTCUSDT | +0.0042% | 1h | 85,293.8 | −0.010% | $139.5M | $314.4M | 100x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
KuCoin XBTUSDTM
BloFin BTC-USDT
Aster BTCUSDT
dYdX BTC-USD
01 Exchange BTCUSD
Perpl BTC
gTrade (Gains Network) BTC/USD
ApeX Omni BTCUSDTShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado BTC-PERP | +0.0044% | 1h | 85,299.1 | −0.003% | $24.4M | $222.8M | 50x | as long as short |
| Injective BTC/USDC PERP | +0.0057% | 1h | 85,334 | +0.037% | $339K | $26.8M | 52x | as long as short |
| BingX BTC-USDC | +0.0070% | 8h | 85,254.5 | −0.056% | — | $17.4M | — | as long as short |
| Deribit BTC-PERPETUAL | +0.0074% | 1h | 85,334.8 | +0.038% | $868.8M | $1.64B | 50x | as long as short |
| Bitget BTCUSDT | +0.0088% | 8h | 85,271.4 | −0.036% | $2.96B | $5.18B | 150x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0089% | 1h | 85,306.7 | +0.006% | $186.4M | $956.3M | 100x | as long as short |
| MEXC BTC_USDT | +0.0092% | 8h | 85,281.1 | −0.025% | $5.01B | $5.74B | 500x | as long as short |
| Binance BTCUSDT | +0.0093% | 8h | 85,286.9 | −0.018% | $9.42B | $24.99B | 150x | as long as short |
| SoDEX BTC-USD | +0.0095% | 1h | 85,314 | +0.014% | $59.7M | $336.9M | 40x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,301 | −0.001% | $170.1M | $1.02B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,300.6 | −0.002% | $23.6M | $147.8M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,289 | −0.015% | $8.4M | $56.1M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,281.7 | −0.024% | $2.4M | $6.7M | 20x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,249 | −0.062% | $236K | $8.6M | 50x | as long as short |
| Paradex BTC-USD-PERPshort | +0.0100% | 8h | 85,326.5 | +0.029% | $5.8M | $9.6M | 50x | |
| Hyperliquid BTC | +0.0100% | 1h | 85,367 | +0.076% | $3.74B | $5.10B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,299.4 | −0.003% | $39.9M | $602.6M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,275.8 | −0.031% | $5.14B | $10.01B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,280.1 | −0.026% | $2.59B | $12.27B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,268 | −0.040% | $3.8M | $17.1M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,281.3 | −0.024% | $5.0M | $99.2M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,278.8 | −0.027% | $682.9M | $449.0M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,289.2 | −0.015% | $5.50B | $10.98B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,270.9 | −0.037% | $36.7M | $178.2M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,207.4 | −0.111% | $154.6M | $558.5M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,231.5 | −0.083% | $279.3M | $953.0M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,259.3 | −0.050% | $214.0M | $167.0M | 50x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,326 | +0.028% | $30.1M | $204.4M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,350.9 | +0.057% | — | $10.9M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,287 | −0.018% | $11.0M | $14.5M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,286 | −0.019% | $201K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,294.5 | −0.009% | $2.6M | $9.9M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,373.9 | +0.084% | $194K | $795K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,270.8 | −0.037% | $29.9M | $47.8M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,271.6 | −0.036% | $2.9M | $6.1M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,269.8 | −0.038% | $2.25B | $971.0M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,301.7 | 0.000% | $150.7M | $508.9M | 150x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,272.2 | −0.035% | $44.8M | $240.9M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 85,321.6 | +0.023% | — | $107.1M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,327.1 | +0.029% | $117.1M | $5.47B | 50x | as long as short |
| Reya BTCRUSDPERP | +0.0125% | 1h | 85,278.2 | −0.028% | $6.6M | $147.6M | 40x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0175% / S −0.0152% | 1h | 85,301.4 | −0.001% | $13.0M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0191% | 8h | 85,318 | +0.019% | $11.6M | $742.8M | 6.4x | as long as short |
| RISEx BTC/USDClong | +0.0193% | 1h | 85,302 | long leg | $8.7M | $43.1M | 25x | |
| Hibachi BTC/USDT-P | +0.0240% | 1h | 85,327.4 | +0.030% | $689K | $8.0M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0255% | 1h | 85,320.4 | +0.022% | $79K | $229K | 20x | as long as short |
Nado BTC-PERP
Injective BTC/USDC PERP
BingX BTC-USDC
Deribit BTC-PERPETUAL
Bitget BTCUSDT
Kraken Futures PF_XBTUSD
MEXC BTC_USDT
Binance BTCUSDT
SoDEX BTC-USD
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Aevo BTC-PERP
Katana Perps BTC-USD
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk 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
SunX BTC-USDT
HTX BTC-USDT
Phemex BTCUSDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Reya BTCRUSDPERP
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD