Settings8H · net · $10k
Funding arb · Price arb /

BTC

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.012%
Price spread now: Vest against ApeX Omni+0.006%7-day average −0.001% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.019%−$2 on $10k
Price spread, last 7 days+0.007%+$1 · spread now +0.006%, 7d avg −0.001%
Together, before fees−0.012%+ Points / potential airdropVest: Active · farm board−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BTCUSDT85,565.90.0100pay 0.0013% / 1h46m 50s$139.9M$314.8M100x
ShortVest BTC-PERP85,5710.0100get 0.0013% / 1h46m 50s$11.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against ApeX Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.006% → −0.001%
$0.72
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$11.28
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: ApeX Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 2 min ago1.28 bp6.3 bp −$66.4 bp −$6416.3 bp −$1,63040.9 bp −$20.5K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin BTC-PERP−0.1041%1h85,488.9−0.090%$194K$725K40xas long as short
Phoenix BTC−0.0179%1h85,568+0.002%$2.2M$10.3M40xas long as short
Hotstuff BTC-PERP−0.0080%1h85,527−0.045%$8K$3K50xas long as short
01 Exchange BTCUSD−0.0040%1h85,525.9−0.047%$368K$2.3M50xas long as short
BloFin BTC-USDT−0.0031%8h85,469.1−0.113%$417.7M$665.3M150xas long as short
KuCoin XBTUSDTM−0.0003%8h85,440.2−0.147%$917.0M$749.5M125xas long as short
dYdX BTC-USD0.0000%1h85,559.9−0.007%$16.7M$21.2M50xas long as short
gTrade (Gains Network) BTC/USDL +0.0005% / S −0.0004%1h85,502.2−0.074%$36.5M200xas long as short
Aster BTCUSDT+0.0014%8h85,445.8−0.140%$514.9M$1.10B200xas long as short
Arcus BTC-USD+0.0021%1h85,543.5−0.026%$6.9M$97.2M40xas long as short
Show all 56 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado BTC-PERP+0.0053%1h85,547.1−0.022%$22.6M$218.9M50xas long as short
BingX BTC-USDT+0.0060%8h85,425.7−0.164%$1.54Bas long as short
Bitget BTCUSDT+0.0075%8h85,436.9−0.151%$2.96B$5.02B150xas long as short
Reya BTCRUSDPERP+0.0078%1h85,511.9−0.063%$6.7M$146.6M40xas long as short
Aevo BTC-PERP+0.0088%1h85,463−0.120%$2.4M$1.7M20xas long as short
MEXC BTC_USDT+0.0089%8h85,423−0.167%$5.04B$5.58B500xas long as short
Binance BTCUSDT+0.0089%8h85,423.5−0.166%$9.32B$24.01B150xas long as short
SoDEX BTC-USD+0.0095%1h85,451−0.134%$59.9M$336.1M40xas long as short
Lighter BTC+0.0096%1h85,463.9−0.119%$173.6M$1.00B50xas long as short
Lighter RH BTC+0.0096%1h85,465.8−0.117%$23.8M$148.3M50xas long as short
Popdex BTCUSDT+0.0096%1h85,569+0.004%$8.4M$52.6M100xas long as short
Paradex BTC-USD-PERP+0.0100%8h85,577.7+0.014%$3.9M$8.4M50xas long as short
Katana Perps BTC-USD+0.0100%8h85,547−0.022%$233K$7.9M50xas long as short
Hyperliquid BTC+0.0100%1h85,548.2−0.021%$3.74B$4.97B40xas long as short
Pacifica BTC+0.0100%1h85,558.7−0.008%$40.1M$575.8M50xas long as short
Bybit BTCUSDT+0.0100%8h85,422−0.168%$5.26B$9.66B150xas long as short
OKX BTC-USDT-SWAP+0.0100%8h85,439−0.148%$2.57B$12.08B100xas long as short
Ondo Perps BTC-USD.P+0.0100%1h85,532−0.040%$3.9M$18.0M25xas long as short
Bulk BTC-USD+0.0100%1h85,696.6+0.153%$648.3M$574.6M40xas long as short
Gate BTC_USDT+0.0100%8h85,429−0.160%$5.53B$10.56B200xas long as short
Backpack BTC_USDC_PERP+0.0100%1h85,455.4−0.129%$35.8M$175.9M75xas long as short
Variational Omni BTC+0.0100%8h85,584.4+0.022%$156.6M$560.5Mas long as short
edgeX BTCUSDC+0.0100%4h85,552.4−0.016%$279.4M$918.5M100xas long as short
GRVT BTC_USDT_Perp+0.0100%8h85,550.2−0.018%$214.8M$166.8M50xas long as short
ApeX Omni BTCUSDTlong+0.0100%1h85,565.9long leg$139.9M$314.8M100x
StandX BTC-USD+0.0100%1h85,576.1+0.012%$30.2M$207.5M40xas long as short
Vest BTC-PERPshort+0.0100%1h85,571+0.006%$11.8M50x
Polymarket Perps BTC-USD+0.0100%1h85,535−0.036%$11.0M$14.2M50xas long as short
Bullet BTC-USD+0.0100%1h85,520−0.054%$194K$3.3M20xas long as short
Orderly PERP_BTC_USDC+0.0100%8h85,454.6−0.130%$2.3M$8.8M100xas long as short
Derive BTC-PERP+0.0100%1h85,457.3−0.127%$29.9M$50.9M15xas long as short
SunX BTC-USDT+0.0100%8h85,500.6−0.076%$2.9M$6.1M100xas long as short
HTX BTC-USDT+0.0100%8h85,441.2−0.146%$2.26B$939.8M200xas long as short
Phemex BTCUSDT+0.0100%8h85,467−0.116%$151.0M$483.1M150xas long as short
Extended BTC-USD+0.0104%1h85,399.9−0.194%$44.5M$226.3M50xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0056%1h85,541.2−0.029%$106.8M500xas long as short
Coinbase International BTC-PERP-INTX+0.0104%1h85,482.5−0.097%$117.4M$5.15B50xas long as short
Injective BTC/USDC PERP+0.0150%1h85,617+0.060%$340K$26.9M52xas long as short
Kraken Futures PF_XBTUSD+0.0170%1h85,466.3−0.116%$188.8M$953.1M100xas long as short
Deribit BTC-PERPETUAL+0.0172%1h85,497.6−0.080%$893.4M$1.53B50xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0176% / S −0.0151%1h85,518.9−0.055%$13.4M200xas long as short
Hibachi BTC/USDT-P+0.0184%1h85,567.8+0.002%$694K$7.9M30xas long as short
RISEx BTC/USDC+0.0194%1h85,589.6+0.028%$8.4M$42.3M25xas long as short
Aftermath Perps BTCUSD+0.0204%1h85,612.2+0.054%$78K$219K20xas long as short
Kalshi KXBTCPERP+0.0218%8h85,553−0.015%$10.4M$758.9M6.4xas long as short
Perpl BTC+0.0447%43m85,532.7−0.039%$502K$18.9M6.7xas long as short