Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%
Price spread now: Arcus against StandX+0.043%7-day average +0.036% · 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−$14as in the Price arb table
costs, in and out, $10k−$150.152% of the position
Funding, last 4 days (all we have)−0.001%$0 on $10k
+Price spread, last 7 days+0.068%+$7 · spread now +0.043%, 7d avg +0.036%
=Together, before fees+0.067%+ Points / potential airdropStandX: Active · farm board+$7 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX BTC-USD | 85,786.7 | 0.0100 | pay 0.0013% / 1h | 8m 30s | $30.2M | $226.5M | 40x |
| Short | Arcus BTC-USD | 85,823.3 | 0.0100 | get 0.0013% / 1h | 8m 30s | $4.9M | $91.5M | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against StandX. 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
- $0
- Price spread: +0.043% → +0.036%
- $0.7
- Slippage, 4 orders
- −$2.66
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$14.46
- Costs to cover
- 0.152%
- Break-even
- never at this rate
Slippage from StandX: live order book, 4 min ago; Arcus: live order book, 4 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, 4 min ago | 0.87 bp | 5.3 bp −$5 | 5.9 bp −$59 | 6.6 bp −$659 | 7.8 bp −$3,895 |
| Sell Arcus live order book, 4 min ago | 0.01 bp | 2.3 bp −$2 | 2.6 bp −$26 | 3.7 bp −$372 | doesn't fit |
BTC on 55 exchanges
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 | −0.0133% | 1h | 85,779 | −0.009% | $2.1M | $7.8M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,195 | +0.476% | $8K | $2K | 50x | as long as short |
| BloFin BTC-USDT | −0.0043% | 8h | 85,800.1 | +0.016% | $421.5M | $548.9M | 150x | as long as short |
| 01 Exchange BTCUSD | −0.0040% | 1h | 85,814.5 | +0.032% | $367K | $1.9M | 50x | as long as short |
| SoDEX BTC-USD | −0.0017% | 1h | 85,801 | +0.017% | $65.8M | $187.7M | 40x | as long as short |
| Perpl BTC | 0.0000% | 43m | 85,799.2 | +0.015% | $466K | $13.4M | 6.7x | as long as short |
| dYdX BTC-USD | 0.0000% | 1h | 85,844.4 | +0.067% | $16.8M | $13.6M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,798.4 | +0.014% | $36.9M | — | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0009% | 1h | 85,788 | +0.002% | $320K | $30.2M | 52x | as long as short |
| Aster BTCUSDT | +0.0013% | 8h | 85,800 | +0.016% | $510.8M | $846.7M | 200x | as long as short |
Show all 55 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XBTUSD | +0.0030% | 1h | 85,820.8 | +0.040% | $191.9M | $751.2M | 100x | as long as short |
| BingX BTC-USDC | +0.0040% | 8h | 85,804.1 | +0.020% | — | $16.1M | — | as long as short |
| Popdex BTCUSDT | +0.0048% | 1h | 85,812 | +0.030% | $8.6M | $45.5M | 100x | as long as short |
| KuCoin XBTUSDTM | +0.0052% | 8h | 85,832.5 | +0.053% | $940.2M | $635.7M | 125x | as long as short |
| Bybit BTCUSDT | +0.0056% | 8h | 85,815 | +0.033% | $5.13B | $8.04B | 150x | as long as short |
| HTX BTC-USDT | +0.0066% | 8h | 85,784.7 | −0.002% | $2.27B | $787.1M | 200x | as long as short |
| Phemex BTCUSDT | +0.0071% | 8h | 85,810.8 | +0.028% | $169.7M | $476.0M | 150x | as long as short |
| Gate BTC_USDT | +0.0072% | 8h | 85,836.8 | +0.058% | $5.51B | $9.04B | 200x | as long as short |
| MEXC BTC_USDT | +0.0076% | 8h | 85,829.6 | +0.050% | $5.15B | $4.91B | 500x | as long as short |
| Binance BTCUSDT | +0.0076% | 8h | 85,815 | +0.033% | $9.40B | $20.28B | 150x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 85,782.8 | −0.005% | $2.4M | $6.8M | 20x | as long as short |
| Bitget BTCUSDT | +0.0088% | 8h | 85,831.9 | +0.053% | $3.00B | $3.89B | 150x | as long as short |
| GRVT BTC_USDT_Perp | +0.0091% | 8h | 85,780 | −0.008% | $215.5M | $132.8M | 50x | as long as short |
| Bullet BTC-USD | +0.0094% | 1h | 85,796.8 | +0.012% | $212K | $3.2M | 20x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,849.6 | +0.073% | $173.1M | $874.2M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,844 | +0.067% | $23.7M | $121.7M | 50x | as long as short |
| Nado BTC-PERP | +0.0097% | 1h | 85,781.8 | −0.006% | $23.0M | $190.6M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,790 | +0.004% | $228K | $8.0M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,864.8 | +0.091% | $5.9M | $7.3M | 50x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,870.5 | +0.098% | $40.0M | $571.4M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,822.9 | +0.042% | $2.62B | $9.27B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,809 | +0.026% | $3.9M | $14.7M | 25x | as long as short |
| Arcus BTC-USDshort | +0.0100% | 1h | 85,823.3 | +0.043% | $4.9M | $91.5M | 40x | |
| Bulk BTC-USD | +0.0100% | 1h | 85,846.4 | +0.070% | $713.8M | $100.1M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,799.9 | +0.015% | $38.0M | $194.9M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,758.6 | −0.033% | $155.2M | $472.1M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,762.7 | −0.028% | $289.2M | $737.2M | 100x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,763.4 | −0.027% | $137.7M | $288.4M | 100x | as long as short |
| StandX BTC-USDlong | +0.0100% | 1h | 85,786.7 | long leg | $30.2M | $226.5M | 40x | |
| Vest BTC-PERP | +0.0100% | 1h | 85,839.4 | +0.061% | — | $10.2M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,796 | +0.011% | $11.0M | $11.9M | 50x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,799.3 | +0.015% | $2.6M | $8.9M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,829.4 | +0.050% | $143K | $607K | 40x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,781.6 | −0.006% | $3.3M | $6.7M | 100x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,799.8 | +0.015% | $47.0M | $192.7M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,789.6 | +0.003% | — | $79.8M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0120% | 1h | 85,849.6 | +0.073% | $112.5M | $4.94B | 50x | as long as short |
| Hyperliquid BTC | +0.0147% | 1h | 85,917 | +0.152% | $3.94B | $4.17B | 40x | as long as short |
| Kalshi KXBTCPERP | +0.0157% | 8h | 85,808 | +0.025% | $11.9M | $735.3M | 6.4x | as long as short |
| Reya BTCRUSDPERP | +0.0170% | 1h | 85,785 | −0.002% | $6.6M | $129.1M | 40x | as long as short |
| RISEx BTC/USDC | +0.0187% | 1h | 85,806.2 | +0.023% | $9.0M | $35.7M | 25x | as long as short |
| Deribit BTC-PERPETUAL | +0.0202% | 1h | 85,851.9 | +0.076% | $820.4M | $1.50B | 50x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0211% / S −0.0250% | 1h | 85,780.6 | −0.007% | $15.5M | — | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.0320% | 1h | 85,841.6 | +0.064% | $690K | $6.7M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0368% | 1h | 85,818.8 | +0.037% | $79K | $228K | 20x | as long as short |
StandX BTC-USD
Phoenix BTC
BloFin BTC-USDT
01 Exchange BTCUSD
SoDEX BTC-USD
gTrade (Gains Network) BTC/USD
Injective BTC/USDC PERP
Aster BTCUSDT
Kraken Futures PF_XBTUSD
BingX BTC-USDC
Popdex BTCUSDT
KuCoin XBTUSDTM
Bybit BTCUSDT
HTX BTC-USDT
Phemex BTCUSDT
Gate BTC_USDT
MEXC BTC_USDT
Binance BTCUSDT
Bitget BTCUSDT
GRVT BTC_USDT_Perp
Bullet BTC-USD
Lighter BTC
Lighter RH BTC
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Pacifica BTC
OKX BTC-USDT-SWAP
Bulk BTC-USD
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
ApeX Omni BTCUSDT
Polymarket Perps BTC-USD
Bluefin BTC-PERP
SunX BTC-USDT
Extended BTC-USD
Coinbase International BTC-PERP-INTX
Hyperliquid BTC
Kalshi KXBTCPERP
RISEx BTC/USDC
Deribit BTC-PERPETUAL
GMX BTC/USD [WBTC.b-USDC]
Aftermath Perps BTCUSD