Funding you earn now, next payment 03:00 UTC+0.0047%/8h= +5.1% APRpaid last 24h +0.021%
Price spread now: Vest against BingX+0.155%7-day average +0.047% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.019%+$2 on $10k
+Price spread, last 7 days−0.125%−$12 · spread now +0.155%, 7d avg +0.047%
=Together, before fees−0.106%+ Points / potential airdropVest: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.109% dearer against BingX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BTC-USDC | 85,550.9 | 0.0053 | pay 0.0053% / 8h | 5h 42m | — | $17.0M | — |
| Short | Vest BTC-PERP | 85,683.9 | 0.0100 | get 0.0013% / 1h | 42m 00s | — | $11.8M | 50x |
BingX BTC-USDC
Vest BTC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against BingX. 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
- $9.87
- Price spread: +0.155% → +0.047%
- $10.86
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $8.73
- Costs to cover
- 0.120%
- Break-even
- 0.8 days
Slippage unknown: BingX: live order book, 11 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 BingX live order book, 11 min ago | 0.02 bp | 5.0 bp −$5 | 5.0 bp −$50 | 6.0 bp −$600 | 7.4 bp −$3,677 |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0160% | 1h | 85,485 | −0.077% | $2.2M | $10.3M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,574 | +0.027% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0048% | 1h | 85,639.1 | +0.103% | $369K | $2.3M | 50x | as long as short |
| BloFin BTC-USDT | −0.0033% | 8h | 85,602.1 | +0.060% | $416.5M | $662.4M | 150x | as long as short |
| dYdX BTC-USD | 0.0000% | 1h | 85,643.2 | +0.108% | $16.8M | $20.9M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,656.4 | +0.123% | $36.7M | — | 200x | as long as short |
| Nado BTC-PERP | +0.0005% | 1h | 85,636.3 | +0.100% | $22.8M | $221.6M | 50x | as long as short |
| KuCoin XBTUSDTM | +0.0014% | 8h | 85,551.1 | 0.000% | $906.7M | $749.7M | 125x | as long as short |
| Aster BTCUSDT | +0.0020% | 8h | 85,646.2 | +0.111% | $516.1M | $1.11B | 200x | as long as short |
| BingX BTC-USDClong | +0.0053% | 8h | 85,550.9 | long leg | — | $17.0M | — |
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
BloFin BTC-USDT
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
Nado BTC-PERP
KuCoin XBTUSDTM
Aster BTCUSDTShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya BTCRUSDPERP | +0.0066% | 1h | 85,637.8 | +0.102% | $6.7M | $146.4M | 40x | as long as short |
| Bitget BTCUSDT | +0.0067% | 8h | 85,569.7 | +0.022% | $2.95B | $5.02B | 150x | as long as short |
| Phemex BTCUSDT | +0.0072% | 8h | 85,653.9 | +0.120% | $148.4M | $478.4M | 150x | as long as short |
| HTX BTC-USDT | +0.0073% | 8h | 85,650.9 | +0.117% | $2.27B | $932.8M | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0079% | 1h | 85,617 | +0.077% | $340K | $26.9M | 52x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 85,646.9 | +0.112% | $2.5M | $1.7M | 20x | as long as short |
| MEXC BTC_USDT | +0.0086% | 8h | 85,570.5 | +0.023% | $5.04B | $5.60B | 500x | as long as short |
| SunX BTC-USDT | +0.0087% | 8h | 85,614.3 | +0.074% | $2.9M | $6.1M | 100x | as long as short |
| Binance BTCUSDT | +0.0087% | 8h | 85,567.7 | +0.020% | $9.32B | $23.91B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,662.5 | +0.130% | $169.7M | $986.9M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,663.4 | +0.132% | $23.9M | $147.8M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,638 | +0.102% | $8.4M | $51.9M | 100x | as long as short |
| Paradex BTC-USD-PERP | +0.0099% | 8h | 85,682.8 | +0.154% | $3.8M | $8.3M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,609 | +0.068% | $204K | $7.7M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,714 | +0.191% | $3.78B | $4.94B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,656.6 | +0.124% | $40.2M | $571.1M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,565.3 | +0.017% | $5.33B | $9.59B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,555.5 | +0.005% | $2.57B | $12.11B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,635 | +0.098% | $3.9M | $17.9M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,599.1 | +0.056% | $7.3M | $97.2M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,562.7 | +0.014% | $616.1M | $358.9M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,566.9 | +0.019% | $5.55B | $10.46B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,634.3 | +0.097% | $35.1M | $171.7M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,485 | −0.077% | $154.0M | $550.0M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,511.8 | −0.046% | $278.9M | $932.4M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,432.8 | −0.138% | $214.5M | $161.8M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,578.6 | +0.032% | $140.0M | $316.4M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,588.9 | +0.044% | $30.3M | $211.1M | 40x | as long as short |
| Vest BTC-PERPshort | +0.0100% | 1h | 85,683.9 | +0.155% | — | $11.8M | 50x | |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,634 | +0.097% | $11.0M | $14.1M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,646.1 | +0.111% | $190K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,641.7 | +0.106% | $2.4M | $8.8M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,685.3 | +0.157% | $197K | $721K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,645.3 | +0.110% | $30.0M | $52.5M | 15x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,660 | +0.128% | $60.0M | $336.2M | 40x | as long as short |
| Deribit BTC-PERPETUAL | +0.0102% | 1h | 85,692.2 | +0.165% | $893.3M | $1.52B | 50x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,549.5 | −0.002% | $44.1M | $227.3M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,617.6 | +0.078% | — | $106.2M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,693.9 | +0.167% | $130.9M | $5.09B | 50x | as long as short |
| RISEx BTC/USDC | +0.0120% | 1h | 85,663 | +0.131% | $8.3M | $42.2M | 25x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0138% | 1h | 85,683.5 | +0.155% | $187.6M | $947.5M | 100x | as long as short |
| Aftermath Perps BTCUSD | +0.0194% | 1h | 85,583.1 | +0.038% | $78K | $219K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0200% | 1h | 85,583.5 | +0.038% | $697K | $7.9M | 30x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0203% / S −0.0180% | 1h | 85,651.6 | +0.118% | $13.6M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0211% | 8h | 85,664 | +0.132% | $10.5M | $760.4M | 6.4x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,632.2 | +0.095% | $524K | $19.5M | 6.7x | as long as short |
Reya BTCRUSDPERP
Bitget BTCUSDT
Phemex BTCUSDT
HTX BTC-USDT
Injective BTC/USDC PERP
Aevo BTC-PERP
MEXC BTC_USDT
SunX BTC-USDT
Binance BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex 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
StandX BTC-USD
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
Derive BTC-PERP
SoDEX BTC-USD
Deribit BTC-PERPETUAL
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
RISEx BTC/USDC
Kraken Futures PF_XBTUSD
Aftermath Perps BTCUSD
Hibachi BTC/USDT-P
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
Perpl BTC