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−$18
spread now+0.021%7d average+0.003%fees + slippage, in and out−$20spread needed0.201%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX BTC-USD85,871−0.0022get 0.0003% / 1h30m 10s$60.9M$284.2M40x
ShortKuCoin XBTUSDTM85,8890get 0.0000% / 8h6h 30m$797.9M$614.7M125x

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
$2.1
Funding while held
$0.67
Slippage, 4 orders
−$0.13
Fee SoDEX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$17.36
Spread needed to break even
0.201%
Slippage from SoDEX: live order book, 10 min ago; KuCoin: live order book, 5 min ago.

Cost of waiting

funding view
Funding /8h
+0.0022%
Per $10,000 a day
+$0.67
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 SoDEX live order book, 10 min ago0.06 bp4.1 bp −$44.1 bp −$415.2 bp −$51741.4 bp −$20.7K
Sell KuCoin live order book, 5 min ago0.01 bp6.0 bp −$67.1 bp −$718.4 bp −$840doesn't fit

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
Injective BTC/USDC PERP−0.070%−0.0019%1h$308K$27.0M52xas long as short
Bulk BTC-USD−0.059%−0.0019%1h$560.6M$139.0M40xas long as short
BloFin BTC-USDT−0.056%−0.0094%8h$424.7M$566.7M150xas long as short
edgeX BTCUSDC−0.042%+0.0100%4h$280.2M$882.2M100xas long as short
Backpack BTC_USDC_PERP−0.037%+0.0100%1h$37.2M$125.6M75xas long as short
Arcus BTC-USD−0.022%−0.0377%1h$6.8M$85.1M40xas long as short
Hotstuff BTC-PERP−0.022%−0.0080%1h$9K$4K50xas long as short
Phoenix BTC−0.015%−0.0096%1h$1.9M$11.0M40xas long as short
StandX BTC-USD−0.007%+0.0064%1h$30.7M$225.5M40xas long as short
OKX BTC-USDT-SWAP−0.001%+0.0013%8h$2.66B$11.55B100xas long as short
Show all 55 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
SoDEX BTC-USDlong0.000%−0.0022%1h$60.9M$284.2M40x
HTX BTC-USDT+0.002%+0.0100%8h$2.29B$833.2M200xas long as short
Aster BTCUSDT+0.004%+0.0014%8h$504.7M$1.10B200xas long as short
Bullet BTC-USD+0.005%+0.0092%1h$229K$3.3M20xas long as short
Binance BTCUSDT+0.007%+0.0026%8h$9.48B$22.08B150xas long as short
Aftermath Perps BTCUSD+0.008%+0.0079%1h$86K$154K20xas long as short
Bybit BTCUSDT+0.008%+0.0016%8h$5.25B$8.58B150xas long as short
MEXC BTC_USDT+0.010%+0.0025%8h$5.16B$5.13B500xas long as short
Extended BTC-USD+0.011%+0.0016%1h$48.7M$199.6M50xas long as short
ApeX Omni BTCUSDT+0.014%−0.0093%1h$139.5M$319.2M100xas long as short
Ondo Perps BTC-USD.P+0.014%+0.0100%1h$4.0M$16.7M25xas long as short
Bitget BTCUSDT+0.015%−0.0005%8h$2.96B$4.68B150xas long as short
Phemex BTCUSDT+0.017%−0.0020%8h$148.4M$415.7M150xas long as short
BingX BTC-USDT+0.017%−0.0005%8h$1.37Bas long as short
Gate BTC_USDT+0.019%+0.0001%8h$6.08B$9.55B200xas long as short
SunX BTC-USDT+0.019%+0.0100%8h$3.3M$5.8M100xas long as short
Reya BTCRUSDPERP+0.019%−0.0018%1h$6.7M$138.1M40xas long as short
Katana Perps BTC-USD+0.020%+0.0100%8h$192K$5.7M50xas long as short
Variational Omni BTC+0.020%+0.0065%8h$171.9M$505.5Mas long as short
Aevo BTC-PERP+0.021%+0.0024%1h$2.4M$1.3M20xas long as short
KuCoin XBTUSDTMshort+0.021%0.0000%8h$797.9M$614.7M125x
Nado BTC-PERP+0.022%+0.0100%1h$23.2M$227.2M50xas long as short
Perpl BTC+0.022%−0.0223%43m$406K$26.8M6.7xas long as short
Pacifica BTC+0.024%+0.0100%1h$37.0M$391.7M50xas long as short
Popdex BTCUSDT+0.024%+0.0040%1h$8.5M$46.5M100xas long as short
Lighter RH BTC+0.027%+0.0096%1h$24.7M$136.5M50xas long as short
Lighter BTC+0.029%+0.0096%1h$171.5M$941.6M50xas long as short
Derive BTC-PERP+0.030%+0.0100%1h$30.4M$59.6M15xas long as short
Hibachi BTC/USDT-P+0.032%+0.0112%1h$752K$7.2M30xas long as short
dYdX BTC-USD+0.039%−0.0029%1h$17.1M$18.1M50xas long as short
Orderly PERP_BTC_USDC+0.039%+0.0100%8h$2.4M$7.4M100xas long as short
Polymarket Perps BTC-USD+0.043%+0.0100%1h$11.0M$11.7M50xas long as short
Kalshi KXBTCPERP+0.050%+0.0105%8h$13.3M$632.5M6.4xas long as short
01 Exchange BTCUSD+0.055%−0.0048%1h$303K$2.4M50xas long as short
GMX BTC/USD [WBTC.b-USDC]+0.058%L +0.0172% / S −0.0153%1h$12.7M200xas long as short
RISEx BTC/USDC+0.059%+0.0040%1h$9.2M$38.6M25xas long as short
Kraken Futures PF_XBTUSD+0.059%−0.0073%1h$190.5M$813.8M100xas long as short
Bluefin BTC-PERP+0.062%−0.2117%1h$143K$411K40xas long as short
gTrade (Gains Network) BTC/USD+0.064%L +0.0005% / S −0.0004%1h$36.7M200xas long as short
Jupiter Perps WBTC-PERP+0.066%L +0.0104% / S +0.0048%1h$84.7M500xas long as short
Vest BTC-PERP+0.075%+0.0100%1h$11.5M50xas long as short
Paradex BTC-USD-PERP+0.077%+0.0096%8h$4.4M$6.8M50xas long as short
Deribit BTC-PERPETUAL+0.090%+0.0107%1h$915.1M$1.11B50xas long as short
Coinbase International BTC-PERP-INTX+0.123%+0.0184%1h$128.5M$5.92B50xas long as short
Hyperliquid BTC+0.135%+0.0140%1h$3.92B$4.40B40xas long as short