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−$30
spread now−0.079%7d average+0.003%fees + slippage, in and out−$22spread needed0.221%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX BTC-USD85,0350.0099pay 0.0012% / 1h31m 38s$30.3M$249.1M40x
ShortSunX BTC-USDT84,968.10.0100get 0.0100% / 8h2h 31m$3.3M$5.0M100x

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
−$7.87
Funding while held
$0.04
Slippage, 4 orders
−$4.1
Fee StandX: 4 bp × 2 orders
−$8
Fee SunX: 5 bp × 2 orders
−$10
Net
−$29.93
Spread needed to break even
0.221%
Slippage from StandX: live order book, 4 min ago; SunX: live order book, 4 min ago.

Cost of waiting

funding view
Funding /8h
+0.0001%
Per $10,000 a day
+$0.04
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 StandX live order book, 4 min ago0.47 bp5.3 bp −$56.6 bp −$668.6 bp −$8569.9 bp −$4,975
Sell SunX live order book, 4 min ago0.79 bp6.6 bp −$77.1 bp −$719.1 bp −$90613.3 bp −$6,663

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
Katana Perps BTC-USD−0.149%+0.0100%8h$224K$4.5M50xas long as short
Popdex BTCUSDT−0.121%+0.0056%1h$8.4M$36.5M100xas long as short
Extended BTC-USD−0.121%+0.0104%1h$46.9M$173.1M50xas long as short
01 Exchange BTCUSD−0.120%−0.0040%1h$313K$2.1M50xas long as short
BingX BTC-USDC−0.114%−0.0014%8h$15.1Mas long as short
Arcus BTC-USD−0.113%+0.0100%1h$6.8M$72.9M40xas long as short
Backpack BTC_USDC_PERP−0.104%+0.0044%1h$39.8M$102.5M75xas long as short
Binance BTCUSDT−0.101%+0.0100%8h$9.48B$17.85B150xas long as short
Bybit BTCUSDT−0.099%+0.0100%8h$5.04B$7.16B150xas long as short
Bitget BTCUSDT−0.099%−0.0015%8h$2.92B$3.97B150xas long as short
Show all 55 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aevo BTC-PERP−0.089%+0.0096%1h$2.4M$1.7M20xas long as short
Gate BTC_USDT−0.088%−0.0053%8h$6.02B$7.83B200xas long as short
OKX BTC-USDT-SWAP−0.087%+0.0071%8h$2.54B$9.89B100xas long as short
Orderly PERP_BTC_USDC−0.083%+0.0100%8h$2.3M$6.4M100xas long as short
SoDEX BTC-USD−0.081%+0.0002%1h$60.9M$233.4M40xas long as short
SunX BTC-USDTshort−0.079%+0.0100%8h$3.3M$5.0M100x
Ondo Perps BTC-USD.P−0.078%+0.0100%1h$3.9M$14.8M25xas long as short
MEXC BTC_USDT−0.077%+0.0100%8h$5.08B$4.32B500xas long as short
Phemex BTCUSDT−0.076%+0.0039%8h$162.7M$353.5M150xas long as short
Aster BTCUSDT−0.075%+0.0049%8h$489.2M$868.4M200xas long as short
HTX BTC-USDT−0.073%−0.0004%8h$2.28B$727.5M200xas long as short
Lighter BTC−0.066%+0.0096%1h$188.5M$774.5M50xas long as short
Kraken Futures PF_XBTUSD−0.065%+0.0124%1h$184.9M$696.4M100xas long as short
Derive BTC-PERP−0.062%+0.0100%1h$26.0M$49.8M15xas long as short
Paradex BTC-USD-PERP−0.057%+0.0097%8h$4.3M$6.5M50xas long as short
Nado BTC-PERP−0.054%+0.0075%1h$22.8M$204.2M50xas long as short
RISEx BTC/USDC−0.052%+0.0090%1h$8.4M$35.6M25xas long as short
Bluefin BTC-PERP−0.051%+0.0100%1h$142K$355K40xas long as short
Reya BTCRUSDPERP−0.051%−0.0047%1h$6.7M$129.0M40xas long as short
Bullet BTC-USD−0.047%+0.0082%1h$227K$3.3M20xas long as short
Pacifica BTC−0.046%+0.0100%1h$36.4M$289.3M50xas long as short
KuCoin XBTUSDTM−0.045%+0.0078%8h$802.7M$545.5M125xas long as short
Lighter RH BTC−0.042%+0.0096%1h$24.9M$122.1M50xas long as short
gTrade (Gains Network) BTC/USD−0.041%L +0.0004% / S −0.0004%1h$36.4M200xas long as short
Polymarket Perps BTC-USD−0.040%+0.0100%1h$10.7M$9.7M50xas long as short
BloFin BTC-USDT−0.040%+0.0225%8h$419.2M$403.1M150xas long as short
GMX BTC/USD [WBTC.b-USDC]−0.037%L +0.0190% / S −0.0196%1h$12.8M200xas long as short
ApeX Omni BTCUSDT−0.035%−0.0187%1h$136.8M$314.2M100xas long as short
Coinbase International BTC-PERP-INTX−0.034%+0.0120%1h$139.5M$5.86B50xas long as short
Hotstuff BTC-PERP−0.033%−0.0080%1h$9K$2K50xas long as short
dYdX BTC-USD−0.032%0.0000%1h$16.1M$13.4M50xas long as short
Perpl BTC−0.030%−0.0447%43m$407K$31.8M6.7xas long as short
edgeX BTCUSDC−0.025%−0.0113%4h$283.0M$736.9M100xas long as short
Kalshi KXBTCPERP−0.021%0.0000%8h$8.6M$448.7M6.4xas long as short
Jupiter Perps WBTC-PERP−0.002%L +0.0104% / S +0.0048%1h$79.3M500xas long as short
StandX BTC-USDlong0.000%+0.0099%1h$30.3M$249.1M40x
Deribit BTC-PERPETUAL0.000%+0.0297%1h$829.3M$851.0M50xas long as short
Vest BTC-PERP+0.020%+0.0100%1h$12.5M50xas long as short
Hibachi BTC/USDT-P+0.034%+0.0240%1h$652K$7.5M30xas long as short
Hyperliquid BTC+0.042%+0.0154%1h$3.83B$3.79B40xas long as short
Aftermath Perps BTCUSD+0.061%−0.0005%1h$83K$136K20xas long as short
Variational Omni BTC+0.100%+0.0100%8h$171.5M$441.5Mas long as short
Bulk BTC-USD+0.116%+0.0100%1h$531.7M$81.4M40xas long as short
Phoenix BTC+0.208%+0.0126%1h$1.5M$10.3M40xas long as short
Injective BTC/USDC PERP+0.373%−0.0036%1h$322K$27.0M52xas long as short