BTC funding arbitrage: pacifica vs phoenix

Long BTC on pacifica against short BTC on phoenix.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
LongpacificaBTC0.0013% / 1h+10.95%$495.30M$39.68M
ShortphoenixBTC0.0031% / 1h+26.77%$5.08M$3.43M

Funding spread +15.82% APR. Price spread +0.1101%.

Data generated at 2026-09-01T05:32:26Z. Live numbers load on this page automatically.