Funding you earn now, next payment 05:00 UTC−0.0126%/8h= −13.8% APRpaid last 24h −0.031%
Price spread now: BloFin against StandX+0.088%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$230.228% of the position
Funding, last 7 days−0.015%−$2 on $10k
+Price spread, last 4 days (all we have)−0.129%−$13 · spread now +0.088%, 7d avg +0.005%
=Together, before fees−0.144%+ Points / potential airdropStandX: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.083% dearer against StandX than usual: you sell high and buy low (spread +0.088% now, against its 7-day average of +0.005%): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.2 days. At the pace of the last 7 days (−0.015% in total) that is about 38 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX BTC-USD | 85,468.5 | 0.0100 | pay 0.0013% / 1h | 21m 08s | $30.2M | $207.0M | 40x |
| Short | BloFin BTC-USDT | 85,543.9 | −0.0026 | pay 0.0026% / 8h | 3h 21m | $420.0M | $676.3M | 150x |
StandX BTC-USD
BloFin BTC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$26.41
- Price spread: +0.088% → +0.005%
- $8.28
- Slippage, 4 orders
- −$2.84
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$40.97
- Costs to cover
- 0.228%
- Break-even
- never at this rate
Slippage from StandX: live order book, 3 min ago; BloFin: live order book, 3 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, 3 min ago | 1.00 bp | 5.0 bp −$5 | 5.6 bp −$56 | 7.1 bp −$711 | 8.6 bp −$4,285 |
| Sell BloFin live order book, 3 min ago | 0.02 bp | 6.0 bp −$6 | 6.2 bp −$62 | 6.7 bp −$669 | 7.4 bp −$3,704 |
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 | −0.0140% | 1h | 85,468 | −0.001% | $2.1M | $10.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,558 | +0.105% | $8K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0043% | 8h | 85,529.3 | +0.071% | $919.3M | $757.5M | 125x | as long as short |
| BloFin BTC-USDTshort | −0.0026% | 8h | 85,543.9 | +0.088% | $420.0M | $676.3M | 150x | |
| 01 Exchange BTCUSD | −0.0016% | 1h | 85,560.2 | +0.107% | $365K | $2.3M | 50x | as long as short |
| Aster BTCUSDT | −0.0007% | 8h | 85,525.4 | +0.067% | $515.1M | $1.10B | 200x | as long as short |
| Perpl BTC | 0.0000% | 43m | 85,517.5 | +0.057% | $507K | $18.7M | 6.7x | as long as short |
| Nado BTC-PERP | +0.0001% | 1h | 85,525.1 | +0.066% | $24.5M | $223.1M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,569.7 | +0.118% | $36.6M | — | 200x | as long as short |
| dYdX BTC-USD | +0.0034% | 1h | 85,537 | +0.080% | $16.8M | $21.2M | 50x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
KuCoin XBTUSDTM
01 Exchange BTCUSD
Aster BTCUSDT
Perpl BTC
Nado BTC-PERP
gTrade (Gains Network) BTC/USD
dYdX BTC-USDShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BTC/USDC PERP | +0.0044% | 1h | 85,552 | +0.098% | $340K | $26.9M | 52x | as long as short |
| SoDEX BTC-USD | +0.0056% | 1h | 85,542 | +0.086% | $59.9M | $336.0M | 40x | as long as short |
| BingX BTC-USDC | +0.0065% | 8h | 85,521.8 | +0.062% | — | $17.2M | — | as long as short |
| Phemex BTCUSDT | +0.0066% | 8h | 85,543.6 | +0.088% | $148.6M | $495.9M | 150x | as long as short |
| Bitget BTCUSDT | +0.0079% | 8h | 85,537.3 | +0.080% | $2.95B | $5.12B | 150x | as long as short |
| Deribit BTC-PERPETUAL | +0.0088% | 1h | 85,593.4 | +0.146% | $872.0M | $1.60B | 50x | as long as short |
| Binance BTCUSDT | +0.0094% | 8h | 85,542.6 | +0.087% | $9.44B | $24.43B | 150x | as long as short |
| MEXC BTC_USDT | +0.0095% | 8h | 85,540.9 | +0.085% | $5.07B | $5.67B | 500x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,555.5 | +0.102% | $172.1M | $1.02B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,552 | +0.098% | $23.9M | $148.8M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,544 | +0.088% | $8.4M | $55.0M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,535.9 | +0.079% | $2.8M | $2.2M | 20x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,529 | +0.071% | $231K | $8.4M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,593.6 | +0.146% | $5.7M | $9.4M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,622 | +0.180% | $3.79B | $5.02B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,577.7 | +0.128% | $40.1M | $588.0M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,534.1 | +0.077% | $5.18B | $9.87B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,544 | +0.088% | $2.59B | $12.14B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,539 | +0.082% | $3.8M | $17.8M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,543.6 | +0.088% | $4.7M | $99.9M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,540.3 | +0.084% | $5.53B | $10.83B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,536.9 | +0.080% | $36.1M | $178.8M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,453 | −0.018% | $154.1M | $565.9M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,431.3 | −0.044% | $279.0M | $929.7M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,439.6 | −0.034% | $214.7M | $168.8M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,456.2 | −0.014% | $139.8M | $315.9M | 100x | as long as short |
| StandX BTC-USDlong | +0.0100% | 1h | 85,468.5 | long leg | $30.2M | $207.0M | 40x | |
| Vest BTC-PERP | +0.0100% | 1h | 85,583.4 | +0.134% | — | $11.0M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,549 | +0.094% | $11.1M | $14.3M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,553.2 | +0.099% | $202K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,544 | +0.088% | $2.5M | $8.8M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,606.6 | +0.162% | $207K | $738K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,541.8 | +0.086% | $30.0M | $50.1M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,527.6 | +0.069% | $2.9M | $6.1M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,544.7 | +0.089% | $2.26B | $949.7M | 200x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,447 | −0.025% | $679.5M | $701.9M | 40x | as long as short |
| Reya BTCRUSDPERP | +0.0102% | 1h | 85,537.4 | +0.081% | $6.6M | $147.1M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,520.2 | +0.060% | $45.6M | $234.8M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 85,526.8 | +0.068% | — | $106.3M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,577.8 | +0.128% | $117.2M | $5.26B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0135% | 1h | 85,567.5 | +0.116% | $188.0M | $956.9M | 100x | as long as short |
| Kalshi KXBTCPERP | +0.0169% | 8h | 85,532 | +0.074% | $11.5M | $754.2M | 6.4x | as long as short |
| RISEx BTC/USDC | +0.0174% | 1h | 85,581.2 | +0.132% | $8.7M | $42.9M | 25x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0176% / S −0.0149% | 1h | 85,565.8 | +0.114% | $13.1M | — | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.0248% | 1h | 85,488 | +0.023% | $696K | $7.9M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0253% | 1h | 85,515.8 | +0.055% | $78K | $222K | 20x | as long as short |
Injective BTC/USDC PERP
SoDEX BTC-USD
BingX BTC-USDC
Phemex BTCUSDT
Bitget BTCUSDT
Deribit BTC-PERPETUAL
Binance BTCUSDT
MEXC BTC_USDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Aevo BTC-PERP
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Gate BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
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
Bulk BTC-USD
Reya BTCRUSDPERP
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
Kalshi KXBTCPERP
RISEx BTC/USDC
GMX BTC/USD [WBTC.b-USDC]
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD