BTC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.02 per $10,000 · paid last 24h +0.008%

Price spread now: Vest against Aevo+0.126%7-day average +0.030% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.015%−$1 on $10k

Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.126%, 7d avg +0.030%

Together, before fees−0.103%+ Points / potential airdropVest: Active · farm board−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Vest is 0.097% dearer against Aevo than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo BTC-PERP	85,463	0.0088	pay 0.0011% / 1h	47m 15s	$2.4M	$1.7M	20x
Short	Vest BTC-PERP	85,571	0.0100	get 0.0013% / 1h	47m 15s	—	$11.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Aevo. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AevobpFee VestbpOrdersPrice spread, now +0.126%Rate

Funding earned: $2.52
Price spread: +0.126% → +0.030%: $9.68
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Vest: 1 bp × 2 orders: −$2
Net: −$5.8
Costs to cover: 0.180%
Break-even: 23.1 days

Slippage unknown: Aevo: live order book, 2 min ago; Vest: no order-book sample. Net counts fees only.

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 Aevo live order book, 2 min ago	2.99 bp	12.7 bp −$13	20.1 bp −$201	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.1041%	1h	85,488.9	+0.030%	$194K	$725K	40x	as long as short
Phoenix BTC	−0.0179%	1h	85,568	+0.123%	$2.2M	$10.3M	40x	as long as short
Hotstuff BTC-PERP	−0.0080%	1h	85,527	+0.075%	$8K	$3K	50x	as long as short
01 Exchange BTCUSD	−0.0040%	1h	85,525.9	+0.074%	$368K	$2.3M	50x	as long as short
BloFin BTC-USDT	−0.0031%	8h	85,469.1	+0.007%	$417.7M	$665.3M	150x	as long as short
KuCoin XBTUSDTM	−0.0003%	8h	85,433.2	−0.035%	$916.9M	$749.5M	125x	as long as short
dYdX BTC-USD	0.0000%	1h	85,559.9	+0.113%	$16.7M	$21.2M	50x	as long as short
gTrade (Gains Network) BTC/USD	L +0.0005% / S −0.0004%	1h	85,502.2	+0.046%	$36.5M	—	200x	as long as short
Aster BTCUSDT	+0.0014%	8h	85,492.8	+0.035%	$515.2M	$1.10B	200x	as long as short
Arcus BTC-USD	+0.0021%	1h	85,543.5	+0.094%	$6.9M	$97.2M	40x	as long as short

Show all 56 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado BTC-PERP	+0.0053%	1h	85,547.1	+0.098%	$22.6M	$218.9M	50x	as long as short
BingX BTC-USDC	+0.0058%	8h	85,457.6	−0.006%	—	$17.1M	—	as long as short
Bitget BTCUSDT	+0.0075%	8h	85,480.8	+0.021%	$2.96B	$5.02B	150x	as long as short
Reya BTCRUSDPERP	+0.0078%	1h	85,511.9	+0.057%	$6.7M	$146.6M	40x	as long as short
Aevo BTC-PERPlong	+0.0088%	1h	85,463	long leg	$2.4M	$1.7M	20x
MEXC BTC_USDT	+0.0089%	8h	85,476.7	+0.016%	$5.04B	$5.58B	500x	as long as short
Binance BTCUSDT	+0.0089%	8h	85,466.3	+0.004%	$9.32B	$24.00B	150x	as long as short
SoDEX BTC-USD	+0.0095%	1h	85,451	−0.014%	$59.9M	$336.1M	40x	as long as short
Lighter BTC	+0.0096%	1h	85,463.9	+0.001%	$173.6M	$1.00B	50x	as long as short
Lighter RH BTC	+0.0096%	1h	85,465.8	+0.003%	$23.8M	$148.3M	50x	as long as short
Popdex BTCUSDT	+0.0096%	1h	85,569	+0.124%	$8.4M	$52.6M	100x	as long as short
Paradex BTC-USD-PERP	+0.0100%	8h	85,577.7	+0.134%	$3.9M	$8.4M	50x	as long as short
Katana Perps BTC-USD	+0.0100%	8h	85,547	+0.098%	$233K	$7.9M	50x	as long as short
Hyperliquid BTC	+0.0100%	1h	85,591	+0.150%	$3.74B	$4.97B	40x	as long as short
Pacifica BTC	+0.0100%	1h	85,558.7	+0.112%	$40.1M	$575.8M	50x	as long as short
Bybit BTCUSDT	+0.0100%	8h	85,471.8	+0.010%	$5.28B	$9.63B	150x	as long as short
OKX BTC-USDT-SWAP	+0.0100%	8h	85,485	+0.026%	$2.57B	$12.08B	100x	as long as short
Ondo Perps BTC-USD.P	+0.0100%	1h	85,532	+0.081%	$3.9M	$18.0M	25x	as long as short
Bulk BTC-USD	+0.0100%	1h	85,696.6	+0.273%	$648.3M	$574.6M	40x	as long as short
Gate BTC_USDT	+0.0100%	8h	85,524	+0.071%	$5.53B	$10.55B	200x	as long as short
Backpack BTC_USDC_PERP	+0.0100%	1h	85,455.4	−0.009%	$35.8M	$175.9M	75x	as long as short
Variational Omni BTC	+0.0100%	8h	85,584.4	+0.142%	$156.6M	$560.5M	—	as long as short
edgeX BTCUSDC	+0.0100%	4h	85,552.4	+0.105%	$279.4M	$918.5M	100x	as long as short
GRVT BTC_USDT_Perp	+0.0100%	8h	85,550.2	+0.102%	$214.8M	$166.8M	50x	as long as short
ApeX Omni BTCUSDT	+0.0100%	1h	85,565.9	+0.120%	$139.9M	$314.8M	100x	as long as short
StandX BTC-USD	+0.0100%	1h	85,576.1	+0.132%	$30.2M	$207.5M	40x	as long as short
Vest BTC-PERPshort	+0.0100%	1h	85,571	+0.126%	—	$11.8M	50x
Polymarket Perps BTC-USD	+0.0100%	1h	85,535	+0.084%	$11.0M	$14.2M	50x	as long as short
Bullet BTC-USD	+0.0100%	1h	85,520	+0.067%	$194K	$3.3M	20x	as long as short
Orderly PERP_BTC_USDC	+0.0100%	8h	85,454.6	−0.010%	$2.3M	$8.8M	100x	as long as short
Derive BTC-PERP	+0.0100%	1h	85,457.3	−0.007%	$29.9M	$50.9M	15x	as long as short
SunX BTC-USDT	+0.0100%	8h	85,500.6	+0.044%	$2.9M	$6.1M	100x	as long as short
HTX BTC-USDT	+0.0100%	8h	85,441.2	−0.025%	$2.26B	$939.8M	200x	as long as short
Phemex BTCUSDT	+0.0100%	8h	85,467	+0.005%	$151.0M	$483.1M	150x	as long as short
Extended BTC-USD	+0.0104%	1h	85,429.7	−0.039%	$44.5M	$226.3M	50x	as long as short
Jupiter Perps WBTC-PERP	L +0.0104% / S +0.0056%	1h	85,541.2	+0.091%	—	$106.8M	500x	as long as short
Coinbase International BTC-PERP-INTX	+0.0104%	1h	85,482.5	+0.023%	$117.4M	$5.15B	50x	as long as short
Injective BTC/USDC PERP	+0.0150%	1h	85,617	+0.180%	$340K	$26.9M	52x	as long as short
Kraken Futures PF_XBTUSD	+0.0170%	1h	85,466.3	+0.004%	$188.8M	$953.1M	100x	as long as short
Deribit BTC-PERPETUAL	+0.0172%	1h	85,497.6	+0.041%	$893.4M	$1.53B	50x	as long as short
GMX BTC/USD [WBTC.b-USDC]	L +0.0176% / S −0.0151%	1h	85,518.9	+0.065%	$13.4M	—	200x	as long as short
Hibachi BTC/USDT-P	+0.0184%	1h	85,567.8	+0.123%	$694K	$7.9M	30x	as long as short
RISEx BTC/USDC	+0.0194%	1h	85,589.6	+0.148%	$8.4M	$42.3M	25x	as long as short
Aftermath Perps BTCUSD	+0.0204%	1h	85,612.2	+0.175%	$78K	$219K	20x	as long as short
Kalshi KXBTCPERP	+0.0218%	8h	85,553	+0.105%	$10.4M	$758.9M	6.4x	as long as short
Perpl BTC	+0.0447%	43m	85,532.7	+0.082%	$502K	$18.9M	6.7x	as long as short