Funding you earn now, next payment 03:00 UTC+0.0140%/8h= +15.3% APRnext payment +$0.18 per $10,000 · paid last 24h +0.034%
Price spread now: StandX against 01 Exchange+0.042%7-day average −0.001% · 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−$15as in the Price arb table
costs, in and out, $10k−$200.198% of the position
Funding, last 4 days (all we have)+0.091%+$9 on $10k
+Price spread, last 7 days−0.057%−$6 · spread now +0.042%, 7d avg −0.001%
=Together, before fees+0.034%+ Points / potential airdropStandX: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and StandX is 0.043% dearer against 01 Exchange than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange BTCUSD | 85,652.3 | −0.0040 | get 0.0005% / 1h | 6m 18s | $368K | $2.3M | 50x |
| Short | StandX BTC-USD | 85,688.2 | 0.0100 | get 0.0013% / 1h | 6m 18s | $30.3M | $208.5M | 40x |
01 Exchange BTCUSD
StandX BTC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against 01 Exchange. 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
- $29.4
- Price spread: +0.042% → −0.001%
- $4.29
- Slippage, 4 orders
- −$4.76
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- $13.93
- Costs to cover
- 0.198%
- Break-even
- 3.7 days
Slippage from 01 Exchange: live order book, 3 min ago; StandX: 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 01 Exchange live order book, 3 min ago | 0.01 bp | 5.1 bp −$5 | 9.1 bp −$91 | doesn't fit | doesn't fit |
| Sell StandX live order book, 3 min ago | 0.64 bp | 4.9 bp −$5 | 6.1 bp −$61 | 7.9 bp −$792 | 9.6 bp −$4,800 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin BTC-PERP | −0.0486% | 1h | 85,693.8 | +0.048% | $195K | $724K | 40x | as long as short |
| Phoenix BTC | −0.0160% | 1h | 85,805 | +0.178% | $2.2M | $10.3M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,673 | +0.024% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSDlong | −0.0040% | 1h | 85,652.3 | long leg | $368K | $2.3M | 50x | |
| BloFin BTC-USDT | −0.0032% | 8h | 85,679.8 | +0.032% | $415.5M | $665.4M | 150x | as long as short |
| dYdX BTC-USD | 0.0000% | 1h | 85,713.3 | +0.071% | $16.7M | $21.2M | 50x | as long as short |
| KuCoin XBTUSDTM | +0.0003% | 8h | 85,639 | −0.016% | $919.2M | $751.7M | 125x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,669.6 | +0.020% | $36.6M | — | 200x | as long as short |
| Nado BTC-PERP | +0.0017% | 1h | 85,647.8 | −0.005% | $22.6M | $219.5M | 50x | as long as short |
| Aster BTCUSDT | +0.0018% | 8h | 85,661.3 | +0.011% | $516.2M | $1.10B | 200x | as long as short |
Bluefin BTC-PERP
Phoenix BTC
Hotstuff BTC-PERP
BloFin BTC-USDT
dYdX BTC-USD
KuCoin XBTUSDTM
gTrade (Gains Network) BTC/USD
Nado BTC-PERP
Aster BTCUSDTShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BTC-USDT | +0.0058% | 8h | 85,658.4 | +0.007% | — | $1.53B | — | as long as short |
| Bitget BTCUSDT | +0.0072% | 8h | 85,658.4 | +0.007% | $2.96B | $5.01B | 150x | as long as short |
| Reya BTCRUSDPERP | +0.0074% | 1h | 85,637.3 | −0.018% | $6.7M | $146.5M | 40x | as long as short |
| Injective BTC/USDC PERP | +0.0079% | 1h | 85,807 | +0.181% | $341K | $26.9M | 52x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 85,651.1 | −0.001% | $2.5M | $1.7M | 20x | as long as short |
| MEXC BTC_USDT | +0.0087% | 8h | 85,651 | −0.002% | $5.06B | $5.65B | 500x | as long as short |
| Binance BTCUSDT | +0.0088% | 8h | 85,660.9 | +0.010% | $9.34B | $23.93B | 150x | as long as short |
| SoDEX BTC-USD | +0.0091% | 1h | 85,660 | +0.009% | $60.0M | $336.1M | 40x | as long as short |
| HTX BTC-USDT | +0.0091% | 8h | 85,640.7 | −0.014% | $2.27B | $936.8M | 200x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,671.4 | +0.022% | $174.2M | $1.01B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,682.6 | +0.035% | $23.9M | $149.7M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,648 | −0.005% | $8.4M | $52.3M | 100x | as long as short |
| Phemex BTCUSDT | +0.0099% | 8h | 85,676.5 | +0.028% | $149.4M | $480.6M | 150x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,702.2 | +0.058% | $3.8M | $8.3M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,624 | −0.033% | $199K | $7.8M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,729.3 | +0.090% | $3.74B | $4.96B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,696.1 | +0.051% | $40.1M | $576.5M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,668.1 | +0.018% | $5.33B | $9.57B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,670.1 | +0.021% | $2.58B | $12.11B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,666 | +0.016% | $4.0M | $18.0M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,638.2 | −0.016% | $6.8M | $97.6M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,800.8 | +0.173% | $635.6M | $478.1M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,658.7 | +0.007% | $5.55B | $10.57B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,676.9 | +0.029% | $35.8M | $174.2M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,777.2 | +0.146% | $157.4M | $555.4M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,776.1 | +0.145% | $280.2M | $917.0M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,772.7 | +0.141% | $215.4M | $165.7M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,779.4 | +0.148% | $140.2M | $314.8M | 100x | as long as short |
| StandX BTC-USDshort | +0.0100% | 1h | 85,688.2 | +0.042% | $30.3M | $208.5M | 40x | |
| Vest BTC-PERP | +0.0100% | 1h | 85,708.3 | +0.065% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,646 | −0.007% | $11.0M | $14.2M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,658.3 | +0.007% | $191K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,658.7 | +0.007% | $2.4M | $8.8M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,654.6 | +0.003% | $30.0M | $51.0M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,641.9 | −0.012% | $2.9M | $6.1M | 100x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,637.4 | −0.017% | $44.3M | $226.7M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,671.7 | +0.023% | — | $106.1M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,697 | +0.052% | $123.3M | $5.11B | 50x | as long as short |
| RISEx BTC/USDC | +0.0120% | 1h | 85,683.8 | +0.037% | $8.4M | $42.3M | 25x | as long as short |
| Deribit BTC-PERPETUAL | +0.0132% | 1h | 85,710.9 | +0.068% | $891.5M | $1.53B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0138% | 1h | 85,702 | +0.058% | $189.2M | $953.1M | 100x | as long as short |
| Hibachi BTC/USDT-P | +0.0192% | 1h | 85,719.5 | +0.078% | $702K | $7.8M | 30x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0202% / S −0.0177% | 1h | 85,666.4 | +0.016% | $13.5M | — | 200x | as long as short |
| Aftermath Perps BTCUSD | +0.0207% | 1h | 85,754.8 | +0.120% | $78K | $219K | 20x | as long as short |
| Kalshi KXBTCPERP | +0.0220% | 8h | 85,690 | +0.044% | $10.7M | $758.7M | 6.4x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,700.9 | +0.057% | $500K | $19.2M | 6.7x | as long as short |
BingX BTC-USDT
Bitget BTCUSDT
Reya BTCRUSDPERP
Injective BTC/USDC PERP
Aevo BTC-PERP
MEXC BTC_USDT
Binance BTCUSDT
SoDEX BTC-USD
HTX BTC-USDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Phemex BTCUSDT
Paradex BTC-USD-PERP
Katana Perps BTC-USD
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk 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
Derive BTC-PERP
SunX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
RISEx BTC/USDC
Deribit BTC-PERPETUAL
Kraken Futures PF_XBTUSD
Hibachi BTC/USDT-P
GMX BTC/USD [WBTC.b-USDC]
Aftermath Perps BTCUSD
Kalshi KXBTCPERP
Perpl BTC