Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb · Price arb /

BTC

all BTC markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.12 per $10,000 · paid last 24h +0.014%
Price spread now: Aftermath Perps against StandX+0.052%7-day average +0.033% · 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−$27as in the Price arb table
costs, in and out, $10k−$280.284% of the position
Long on StandXShort on Aftermath Perps
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.040%+$4 on $10k
Price spread, last 3 days (all we have)−0.026%−$3 · spread now +0.052%, 7d avg +0.033%
Together, before fees+0.014%+ Points / potential airdropStandX: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX BTC-USD86,4830.0100pay 0.0013% / 1h18m 48s$30.7M$203.6M40x
ShortAftermath Perps BTCUSD86,527.90.0000get 0.0000% / 1h18m 48s$82K$217K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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

Funding earned
−$20.91
Price spread: +0.052% → +0.033%
$1.9
Slippage, 4 orders
−$11.42
Fee StandX: 4 bp × 2 orders
−$8
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$47.43
Costs to cover
0.284%
Break-even
never at this rate
Slippage from StandX: live order book, 5 min ago; Aftermath Perps: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy StandX live order book, 5 min ago0.58 bp5.1 bp −$55.9 bp −$598.3 bp −$82810.2 bp −$5,099
Sell Aftermath Perps live order book, just now1.00 bp9.4 bp −$9doesn't fitdoesn't fitdoesn't fit

BTC on 56 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin BTC-PERP−0.0860%1h86,490.3+0.008%$140K$620K40xas long as short
Phoenix BTC−0.0159%1h86,503+0.023%$2.2M$11.8M40xas long as short
Hotstuff BTC-PERP−0.0080%1h86,472−0.013%$9K$3K50xas long as short
Aster BTCUSDT−0.0009%8h86,459.2−0.028%$504.2M$1.15B200xas long as short
01 Exchange BTCUSD−0.0008%1h86,467−0.019%$358K$2.4M50xas long as short
Perpl BTC0.0000%43m86,482−0.001%$424K$23.7M6.7xas long as short
Aftermath Perps BTCUSDshort0.0000%1h86,527.9+0.052%$82K$217K20x
KuCoin XBTUSDTM+0.0002%8h86,463.3−0.023%$851.0M$711.6M125xas long as short
dYdX BTC-USD+0.0004%1h86,497.2+0.016%$17.0M$21.1M50xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h86,498.3+0.018%$36.8M—200xas long as short
Show all 56 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx BTC/USDC+0.0006%1h86,471.6−0.013%$8.5M$43.0M25xas long as short
Deribit BTC-PERPETUAL+0.0014%1h86,501.4+0.021%$920.9M$1.48B50xas long as short
Reya BTCRUSDPERP+0.0023%1h86,474.2−0.010%$6.7M$145.0M40xas long as short
Injective BTC/USDC PERP+0.0024%1h86,559+0.088%$315K$26.8M52xas long as short
Phemex BTCUSDT+0.0034%8h86,466−0.020%$149.8M$476.9M150xas long as short
BingX BTC-USDC+0.0035%8h86,445.9−0.043%—$15.3M—as long as short
Bitget BTCUSDT+0.0045%8h86,456.9−0.030%$2.95B$5.10B150xas long as short
MEXC BTC_USDT+0.0064%8h86,464.9−0.021%$5.14B$5.69B500xas long as short
Aevo BTC-PERP+0.0064%1h86,468−0.017%$2.4M$1.3M20xas long as short
Binance BTCUSDT+0.0064%8h86,460.6−0.026%$9.43B$24.42B150xas long as short
Gate BTC_USDT+0.0079%8h86,460.7−0.026%$5.84B$10.73B200xas long as short
Hibachi BTC/USDT-P+0.0088%1h86,561.8+0.091%$717K$8.2M30xas long as short
Bybit BTCUSDT+0.0092%8h86,460.2−0.026%$5.25B$9.77B150xas long as short
Lighter BTC+0.0096%1h86,481.5−0.002%$170.5M$1.01B50xas long as short
Lighter RH BTC+0.0096%1h86,492+0.010%$24.1M$152.4M50xas long as short
Popdex BTCUSDT+0.0096%1h86,468−0.017%$8.5M$52.4M100xas long as short
Katana Perps BTC-USD+0.0100%8h86,443−0.046%$205K$6.9M50xas long as short
Paradex BTC-USD-PERP+0.0100%8h86,509.8+0.031%$4.8M$8.5M50xas long as short
Nado BTC-PERP+0.0100%1h86,470.9−0.014%$22.0M$234.4M50xas long as short
Hyperliquid BTC+0.0100%1h86,534+0.059%$3.80B$5.09B40xas long as short
Pacifica BTC+0.0100%1h86,500.1+0.020%$40.8M$513.8M50xas long as short
OKX BTC-USDT-SWAP+0.0100%8h86,458−0.029%$2.54B$12.73B100xas long as short
Ondo Perps BTC-USD.P+0.0100%1h86,471−0.014%$3.9M$18.6M25xas long as short
Arcus BTC-USD+0.0100%1h86,530.2+0.055%$7.4M$94.3M40xas long as short
Bulk BTC-USD+0.0100%1h86,498.7+0.018%$571.7M$18.6M40xas long as short
Backpack BTC_USDC_PERP+0.0100%1h86,463.1−0.023%$37.8M$155.1M75xas long as short
Variational Omni BTC+0.0100%8h86,498.8+0.018%$156.2M$568.5M—as long as short
edgeX BTCUSDC+0.0100%4h86,531.2+0.056%$279.7M$948.9M100xas long as short
GRVT BTC_USDT_Perp+0.0100%8h86,518.2+0.041%$217.2M$175.8M50xas long as short
ApeX Omni BTCUSDT+0.0100%1h86,540.1+0.066%$141.5M$323.4M100xas long as short
StandX BTC-USDlong+0.0100%1h86,483long leg$30.7M$203.6M40x
Vest BTC-PERP+0.0100%1h86,526+0.050%—$11.6M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h86,480−0.003%$11.1M$13.7M50xas long as short
Bullet BTC-USD+0.0100%1h86,482−0.001%$190K$3.3M20xas long as short
Orderly PERP_BTC_USDC+0.0100%8h86,473.6−0.011%$2.4M$8.7M100xas long as short
Derive BTC-PERP+0.0100%1h86,466.1−0.020%$30.3M$61.6M15xas long as short
SunX BTC-USDT+0.0100%8h86,463.2−0.023%$3.4M$5.4M100xas long as short
SoDEX BTC-USD+0.0100%1h86,467−0.019%$60.4M$337.2M40xas long as short
HTX BTC-USDT+0.0100%8h86,466.8−0.019%$2.30B$968.6M200xas long as short
Extended BTC-USD+0.0104%1h86,442.2−0.047%$45.5M$226.1M50xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h86,478.7−0.005%—$98.7M500xas long as short
Coinbase International BTC-PERP-INTX+0.0112%1h86,505+0.025%$131.8M$5.70B50xas long as short
Kraken Futures PF_XBTUSD+0.0121%1h86,489.3+0.007%$191.3M$943.7M100xas long as short
BloFin BTC-USDT+0.0184%8h86,473.9−0.011%$414.0M$654.4M150xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0185% / S −0.0211%1h86,490.7+0.009%$15.2M—200xas long as short
Kalshi KXBTCPERP+0.0198%8h86,500+0.020%$9.7M$733.9M6.4xas long as short