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−$23
spread now−0.040%7d average+0.005%fees + slippage, in and out−$18spread needed0.184%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange BTCUSD85,921.5−0.0064get 0.0008% / 1h1m 42s$287K$2.4M50x
ShortOKX BTC-USDT-SWAP85,887.20.0020get 0.0020% / 8h1m 42s$2.66B$11.68B100x

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
−$3.99
Funding while held
$2.53
Slippage, 4 orders
−$1.44
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee OKX: 5 bp × 2 orders
−$10
Net
−$19.9
Spread needed to break even
0.184%
Slippage from 01 Exchange: live order book, 4 min ago; OKX: live order book, 4 min ago.

Cost of waiting

funding view
Funding /8h
+0.0084%
Per $10,000 a day
+$2.53
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 01 Exchange live order book, 4 min ago0.26 bp3.8 bp −$414.0 bp −$140doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago0.01 bp5.0 bp −$55.1 bp −$516.8 bp −$6768.0 bp −$4,015

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
Arcus BTC-USD−0.062%+0.0100%1h$6.1M$85.6M40xas long as short
OKX BTC-USDT-SWAPshort−0.040%+0.0020%8h$2.66B$11.68B100x
KuCoin XBTUSDTM−0.040%+0.0023%8h$790.4M$617.9M125xas long as short
Bybit BTCUSDT−0.039%+0.0084%8h$5.20B$8.59B150xas long as short
Aster BTCUSDT−0.037%+0.0039%8h$487.4M$1.13B200xas long as short
MEXC BTC_USDT−0.037%+0.0057%8h$5.09B$5.24B500xas long as short
Extended BTC-USD−0.037%+0.0104%1h$48.9M$209.8M50xas long as short
Phemex BTCUSDT−0.036%−0.0022%8h$153.3M$409.6M150xas long as short
Binance BTCUSDT−0.036%+0.0056%8h$9.50B$22.01B150xas long as short
Gate BTC_USDT−0.034%−0.0020%8h$6.12B$9.63B200xas long as short
Show all 55 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Katana Perps BTC-USD−0.033%+0.0100%8h$192K$5.5M50xas long as short
SoDEX BTC-USD−0.032%−0.0027%1h$60.9M$283.6M40xas long as short
BingX BTC-USDC−0.032%−0.0003%8h$14.9Mas long as short
Backpack BTC_USDC_PERP−0.030%+0.0100%1h$38.7M$109.3M75xas long as short
Aevo BTC-PERP−0.029%+0.0056%1h$2.4M$1.5M20xas long as short
Lighter RH BTC−0.025%+0.0096%1h$24.8M$141.5M50xas long as short
Hotstuff BTC-PERP−0.022%−0.0080%1h$9K$4K50xas long as short
HTX BTC-USDT−0.020%+0.0069%8h$2.29B$851.4M200xas long as short
Lighter BTC−0.018%+0.0096%1h$172.8M$947.1M50xas long as short
Orderly PERP_BTC_USDC−0.013%+0.0100%8h$2.4M$7.3M100xas long as short
Pacifica BTC−0.012%+0.0100%1h$36.9M$357.1M50xas long as short
Bitget BTCUSDT−0.011%−0.0004%8h$2.97B$4.71B150xas long as short
Bullet BTC-USD−0.010%+0.0100%1h$243K$3.3M20xas long as short
Reya BTCRUSDPERP−0.003%−0.0021%1h$6.7M$137.9M40xas long as short
Ondo Perps BTC-USD.P−0.001%+0.0100%1h$3.9M$16.3M25xas long as short
01 Exchange BTCUSDlong0.000%−0.0064%1h$287K$2.4M50x
Paradex BTC-USD-PERP+0.001%+0.0091%8h$4.4M$6.7M50xas long as short
SunX BTC-USDT+0.006%+0.0100%8h$3.3M$6.1M100xas long as short
Kraken Futures PF_XBTUSD+0.017%+0.0071%1h$186.5M$822.8M100xas long as short
gTrade (Gains Network) BTC/USD+0.021%L +0.0005% / S −0.0004%1h$36.8M200xas long as short
Popdex BTCUSDT+0.022%+0.0072%1h$8.5M$45.8M100xas long as short
RISEx BTC/USDC+0.022%+0.0128%1h$8.7M$38.8M25xas long as short
Bluefin BTC-PERP+0.027%−0.0068%1h$142K$408K40xas long as short
Polymarket Perps BTC-USD+0.027%+0.0100%1h$11.0M$11.7M50xas long as short
Injective BTC/USDC PERP+0.034%+0.0108%1h$308K$27.0M52xas long as short
GMX BTC/USD [WBTC.b-USDC]+0.039%L +0.0198% / S −0.0175%1h$12.5M200xas long as short
Phoenix BTC+0.040%−0.0086%1h$1.8M$10.8M40xas long as short
Nado BTC-PERP+0.042%+0.0100%1h$23.7M$230.7M50xas long as short
Perpl BTC+0.052%−0.0112%43m$409K$29.4M6.7xas long as short
Coinbase International BTC-PERP-INTX+0.061%+0.0104%1h$151.5M$6.24B50xas long as short
Bulk BTC-USD+0.064%+0.0100%1h$558.9M$144.9M40xas long as short
BloFin BTC-USDT+0.066%−0.0063%8h$429.8M$568.9M150xas long as short
Derive BTC-PERP+0.066%+0.0100%1h$30.3M$59.2M15xas long as short
StandX BTC-USD+0.067%+0.0100%1h$30.6M$230.5M40xas long as short
Deribit BTC-PERPETUAL+0.068%+0.0139%1h$910.6M$1.12B50xas long as short
edgeX BTCUSDC+0.073%+0.0100%4h$278.7M$882.7M100xas long as short
Vest BTC-PERP+0.079%+0.0100%1h$12.2M50xas long as short
Hyperliquid BTC+0.081%+0.0233%1h$3.91B$4.51B40xas long as short
ApeX Omni BTCUSDT+0.088%−0.0125%1h$139.1M$318.3M100xas long as short
Kalshi KXBTCPERP+0.089%0.0000%8h$12.7M$585.2M6.4xas long as short
Jupiter Perps WBTC-PERP+0.098%L +0.0104% / S +0.0048%1h$89.8M500xas long as short
dYdX BTC-USD+0.100%0.0000%1h$17.3M$17.5M50xas long as short
Hibachi BTC/USDT-P+0.110%+0.0232%1h$703K$7.4M30xas long as short
Aftermath Perps BTCUSD+0.125%+0.0013%1h$86K$154K20xas long as short
Variational Omni BTC+0.158%+0.0100%8h$171.9M$512.6Mas long as short