BTC

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.06 per $10,000 · paid last 24h −0.007%

Price spread now: Aevo against StandX+0.014%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$310.309% of the position

Long on StandX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.037%−$4 on $10k

Price spread, last 3 days (all we have)−0.088%−$9 · spread now +0.014%, 7d avg −0.007%

Together, before fees−0.125%+ Points / potential airdropStandX: Active · farm board−$13 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aevo is 0.021% dearer against StandX than usual: you sell high and buy low (spread +0.014% now, against its 7-day average of −0.007%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 38 hours. At the pace of the last 7 days (−0.037% in total) that is about 4.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX BTC-USD	86,556	0.0100	pay 0.0013% / 1h	3m 04s	$30.7M	$203.4M	40x
Short	Aevo BTC-PERP	86,568.5	0.0056	get 0.0007% / 1h	3m 04s	$2.4M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against StandX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee StandXbpFee AevobpOrdersPrice spread, now +0.014%Rate

Funding earned: −$9.24
Price spread: +0.014% → −0.007%: $2.09
Slippage, 4 orders: −$6.85
Fee StandX: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$38
Costs to cover: 0.309%
Break-even: never at this rate

Slippage from StandX: live order book, 1 min ago; Aevo: live order book, 1 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 StandX live order book, 1 min ago	0.63 bp	4.8 bp −$5	6.1 bp −$61	7.7 bp −$773	9.5 bp −$4,733
Sell Aevo live order book, 1 min ago	1.08 bp	10.6 bp −$11	11.8 bp −$118	14.2 bp −$1,423	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
Aftermath Perps BTCUSD	−0.0255%	1h	86,613.1	+0.066%	$81K	$193K	20x	as long as short
Perpl BTC	−0.0223%	43m	86,573.3	+0.020%	$425K	$24.5M	6.7x	as long as short
Phoenix BTC	−0.0103%	1h	86,554	−0.002%	$2.2M	$12.4M	40x	as long as short
Hotstuff BTC-PERP	−0.0080%	1h	86,551	−0.006%	$9K	$3K	50x	as long as short
dYdX BTC-USD	−0.0066%	1h	86,591.4	+0.041%	$17.6M	$20.6M	50x	as long as short
Aster BTCUSDT	−0.0003%	8h	86,576.2	+0.023%	$505.5M	$1.16B	200x	as long as short
01 Exchange BTCUSD	0.0000%	1h	86,576.4	+0.024%	$360K	$2.4M	50x	as long as short
Deribit BTC-PERPETUAL	0.0000%	1h	86,601	+0.052%	$927.7M	$1.47B	50x	as long as short
gTrade (Gains Network) BTC/USD	L +0.0005% / S −0.0004%	1h	86,590.8	+0.040%	$36.9M	—	200x	as long as short
KuCoin XBTUSDTM	+0.0005%	8h	86,567.4	+0.013%	$850.7M	$709.5M	125x	as long as short

Show all 56 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya BTCRUSDPERP	+0.0022%	1h	86,552.9	−0.004%	$6.7M	$144.5M	40x	as long as short
BingX BTC-USDT	+0.0029%	8h	86,591.3	+0.041%	—	$1.59B	—	as long as short
Phemex BTCUSDT	+0.0033%	8h	86,582.1	+0.030%	$149.6M	$472.5M	150x	as long as short
Bitget BTCUSDT	+0.0037%	8h	86,585.5	+0.034%	$2.95B	$5.09B	150x	as long as short
Injective BTC/USDC PERP	+0.0049%	1h	86,582	+0.030%	$315K	$26.8M	52x	as long as short
Aevo BTC-PERPshort	+0.0056%	1h	86,568.5	+0.014%	$2.4M	$1.3M	20x
MEXC BTC_USDT	+0.0058%	8h	86,582.6	+0.031%	$5.19B	$5.73B	500x	as long as short
Binance BTCUSDT	+0.0058%	8h	86,590.4	+0.040%	$9.42B	$24.37B	150x	as long as short
RISEx BTC/USDC	+0.0063%	1h	86,585	+0.033%	$8.7M	$43.1M	25x	as long as short
Gate BTC_USDT	+0.0081%	8h	86,589.4	+0.039%	$5.84B	$10.71B	200x	as long as short
Bybit BTCUSDT	+0.0084%	8h	86,591.8	+0.041%	$5.27B	$9.73B	150x	as long as short
Lighter BTC	+0.0096%	1h	86,588.3	+0.037%	$172.0M	$1.02B	50x	as long as short
Lighter RH BTC	+0.0096%	1h	86,598.4	+0.049%	$24.1M	$154.3M	50x	as long as short
Popdex BTCUSDT	+0.0096%	1h	86,558	+0.002%	$8.5M	$52.3M	100x	as long as short
OKX BTC-USDT-SWAP	+0.0097%	8h	86,593	+0.043%	$2.55B	$12.73B	100x	as long as short
Katana Perps BTC-USD	+0.0100%	8h	86,543	−0.015%	$201K	$6.8M	50x	as long as short
Paradex BTC-USD-PERP	+0.0100%	8h	86,606.6	+0.058%	$4.8M	$8.3M	50x	as long as short
Nado BTC-PERP	+0.0100%	1h	86,558.1	+0.002%	$21.7M	$234.9M	50x	as long as short
Hyperliquid BTC	+0.0100%	1h	86,652	+0.111%	$3.81B	$5.11B	40x	as long as short
Pacifica BTC	+0.0100%	1h	86,592.1	+0.042%	$40.9M	$498.0M	50x	as long as short
Ondo Perps BTC-USD.P	+0.0100%	1h	86,550	−0.007%	$3.9M	$18.6M	25x	as long as short
Arcus BTC-USD	+0.0100%	1h	86,629.9	+0.085%	$7.4M	$94.7M	40x	as long as short
Bulk BTC-USD	+0.0100%	1h	86,682.4	+0.146%	$572.6M	$21.1M	40x	as long as short
Backpack BTC_USDC_PERP	+0.0100%	1h	86,583.6	+0.032%	$38.2M	$151.0M	75x	as long as short
Variational Omni BTC	+0.0100%	8h	86,546.2	−0.011%	$159.9M	$565.9M	—	as long as short
edgeX BTCUSDC	+0.0100%	4h	86,557.7	+0.002%	$279.5M	$942.5M	100x	as long as short
GRVT BTC_USDT_Perp	+0.0100%	8h	86,562.1	+0.007%	$217.2M	$185.3M	50x	as long as short
ApeX Omni BTCUSDT	+0.0100%	1h	86,565.5	+0.011%	$141.5M	$323.0M	100x	as long as short
StandX BTC-USDlong	+0.0100%	1h	86,556	long leg	$30.7M	$203.4M	40x
Vest BTC-PERP	+0.0100%	1h	86,609.2	+0.062%	—	$11.6M	50x	as long as short
Polymarket Perps BTC-USD	+0.0100%	1h	86,556	0.000%	$11.1M	$13.8M	50x	as long as short
Bullet BTC-USD	+0.0100%	1h	86,568	+0.014%	$191K	$3.4M	20x	as long as short
Orderly PERP_BTC_USDC	+0.0100%	8h	86,585.3	+0.034%	$2.4M	$8.6M	100x	as long as short
Bluefin BTC-PERP	+0.0100%	1h	86,595.9	+0.046%	$140K	$619K	40x	as long as short
Derive BTC-PERP	+0.0100%	1h	86,569.7	+0.016%	$30.0M	$61.8M	15x	as long as short
SunX BTC-USDT	+0.0100%	8h	86,561.8	+0.007%	$3.4M	$5.5M	100x	as long as short
SoDEX BTC-USD	+0.0100%	1h	86,572	+0.018%	$60.5M	$336.7M	40x	as long as short
HTX BTC-USDT	+0.0100%	8h	86,558.2	+0.003%	$2.30B	$960.4M	200x	as long as short
Extended BTC-USD	+0.0104%	1h	86,579.6	+0.027%	$46.4M	$226.6M	50x	as long as short
Jupiter Perps WBTC-PERP	L +0.0104% / S +0.0048%	1h	86,581.6	+0.030%	—	$98.9M	500x	as long as short
Kraken Futures PF_XBTUSD	+0.0117%	1h	86,615.3	+0.069%	$187.0M	$934.8M	100x	as long as short
Coinbase International BTC-PERP-INTX	+0.0120%	1h	86,617	+0.070%	$131.9M	$5.83B	50x	as long as short
Hibachi BTC/USDT-P	+0.0168%	1h	86,591	+0.040%	$780K	$7.9M	30x	as long as short
Kalshi KXBTCPERP	+0.0173%	8h	86,602	+0.053%	$9.6M	$727.4M	6.4x	as long as short
BloFin BTC-USDT	+0.0178%	8h	86,579.9	+0.028%	$416.9M	$655.8M	150x	as long as short
GMX BTC/USD [WBTC.b-USDC]	L +0.0180% / S −0.0209%	1h	86,583.6	+0.032%	$15.0M	—	200x	as long as short